Ghf Residential Services
Ghf Residential Services consistently operates at a deficit, drawing down assets over the past decade.
EIN: 208291517 · Belfast, ME · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $62K |
| Total Expenses | $73K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $61,942 |
| Net Assets | $507K |
| Transparency Score | 65/100 |
Is Ghf Residential Services Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ghf Residential Services directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ghf Residential Services
Ghf Residential Services (EIN: 208291517) is a nonprofit organization based in Belfast, ME, classified under NTEE code S20. The organization reported total revenue of $62K and total assets of $504K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ghf Residential Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ghf Residential Services is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $73K |
| Surplus / Deficit | $-17,887 |
| Total Assets | $521K |
| Total Liabilities | $14K |
| Net Assets | $507K |
| Operating Margin | -32.6% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 86.0 months |
Financial Health Grade: B
In 2024, Ghf Residential Services reported a deficit of $18K with expenses exceeding revenue, holds 86.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2024), Ghf Residential Services's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +21.8% | +9.4% | -9.9% |
| 2020 | -0.1% | +9.0% | -3.9% |
| 2019 | -12.8% | -13.5% | -2.0% |
| 2018 | +54.4% | +40.6% | -4.6% |
| 2017 | -0.1% | -9.9% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ghf Residential Services with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ghf Residential Services allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all filings, indicating that officers are not directly compensated or are volunteers, which is highly favorable for an organization of this size ($61,942 latest revenue).
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ghf Residential Services's IRS 990 filings:
- Consistent operational deficits across all reported periods (e.g., $17,887 deficit in 2024).
- Steady decline in total assets over the past decade (from $740,149 in 2011 to $521,151 in 2024).
Strengths
The following positive indicators were identified for Ghf Residential Services:
- Zero reported officer compensation across all filings, indicating volunteer leadership or highly efficient compensation practices.
- Low liabilities relative to assets, suggesting prudent debt management.
Frequently Asked Questions about Ghf Residential Services
Is Ghf Residential Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Ghf Residential Services (EIN: 208291517) some concerns. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
How does Ghf Residential Services spend its money?
Ghf Residential Services directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ghf Residential Services tax-deductible?
Ghf Residential Services is registered as a tax-exempt nonprofit (EIN: 208291517). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ghf Residential Services CEO make?
Ghf Residential Services's highest-compensated officer earns $61,942 annually. The organization reported $62K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ghf Residential Services's spending goes to programs?
Ghf Residential Services directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ghf Residential Services compare to similar nonprofits?
With a transparency score of 65/100 (Good), Ghf Residential Services is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ghf Residential Services located?
Ghf Residential Services is headquartered in Belfast, Maine and files with the IRS under EIN 208291517. It is classified under NTEE code S20.
How many years of IRS 990 filings does Ghf Residential Services have?
Ghf Residential Services has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $62K in total revenue.
Is Ghf Residential Services financially sustainable given its consistent deficits?
The organization has consistently spent more than it earns, with expenses exceeding revenue in every reported period. For example, in 2024, expenses were $72,750 against $54,863 in revenue. This has led to a steady decline in assets from $740,149 in 2011 to $521,151 in 2024, raising concerns about long-term sustainability without a change in financial strategy or increased funding.
What is the trend in the organization's asset base?
The organization's assets have shown a consistent downward trend, decreasing from $740,149 in 2011 to $521,151 in 2024. This decline of over $200,000 suggests that the organization is using its reserves to cover operational deficits.
How does Ghf Residential Services manage its liabilities?
Ghf Residential Services appears to manage its liabilities well, with relatively low liability figures across all filings. In 2024, liabilities were $14,380, which is a small fraction of its total assets ($521,151), indicating a healthy balance sheet in terms of debt.
Filing History
IRS 990 filing history for Ghf Residential Services showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2024), Ghf Residential Services's revenue has grown by 64.2%, moving from $33K to $55K. Total assets decreased by 29.6% over the same period, from $740K to $521K. Total functional expenses rose by 49.1%, from $49K to $73K. In its most recent filing year (2024), Ghf Residential Services reported a deficit of $18K, with expenses exceeding revenue. The organization holds $14K in liabilities against $521K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $507K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $55K | $73K | $521K | $14K | — | — |
| 2020 | $45K | $67K | $579K | $8K | — | View 990 |
| 2019 | $45K | $61K | $602K | $10K | — | View 990 |
| 2018 | $52K | $71K | $615K | $7K | — | View 990 |
| 2017 | $34K | $50K | $645K | $18K | — | View 990 |
| 2015 | $34K | $56K | $672K | $10K | — | View 990 |
| 2014 | $33K | $48K | $687K | $2K | — | View 990 |
| 2013 | $32K | $49K | $702K | $3K | — | View 990 |
| 2012 | $30K | $47K | $719K | $3K | — | View 990 |
| 2011 | $33K | $49K | $740K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $55K, expenses of $73K, and assets of $521K (revenue +21.8% year-over-year).
- 2020: Revenue of $45K, expenses of $67K, and assets of $579K (revenue -0.1% year-over-year).
- 2019: Revenue of $45K, expenses of $61K, and assets of $602K (revenue -12.8% year-over-year).
- 2018: Revenue of $52K, expenses of $71K, and assets of $615K (revenue +54.4% year-over-year).
- 2017: Revenue of $34K, expenses of $50K, and assets of $645K (revenue -0.1% year-over-year).
- 2015: Revenue of $34K, expenses of $56K, and assets of $672K (revenue +0.4% year-over-year).
- 2014: Revenue of $33K, expenses of $48K, and assets of $687K (revenue +4.3% year-over-year).
- 2013: Revenue of $32K, expenses of $49K, and assets of $702K (revenue +5.3% year-over-year).
- 2012: Revenue of $30K, expenses of $47K, and assets of $719K (revenue -8.9% year-over-year).
- 2011: Revenue of $33K, expenses of $49K, and assets of $740K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ghf Residential Services:
Data Sources and Methodology
This transparency report for Ghf Residential Services is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.