Gi Go Fund Inc
Gi Go Fund Inc. frequently operates at a deficit, with liabilities sometimes exceeding assets.
EIN: 204990937 · New Brunswick, NJ · NTEE: W193 · Updated: 2026-03-28
Is Gi Go Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gi Go Fund Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gi Go Fund Inc
Gi Go Fund Inc (EIN: 204990937) is a nonprofit organization based in New Brunswick, NJ, classified under NTEE code W193. The organization reported total revenue of $732K and total assets of $223K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gi Go Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gi Go Fund Inc with a Mission Score of 70 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Gi Go Fund Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization of this size and suggests a volunteer-led executive structure.
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 Gi Go Fund Inc's IRS 990 filings:
- Frequent deficit spending, with expenses exceeding revenue in multiple recent years (e.g., 202302, 202202, 202102).
- Liabilities exceeding assets in the most recent filing period (202302: Liabilities $614,161 vs. Assets $560,070).
- Significant fluctuations in liabilities, indicating potential financial management challenges.
Strengths
The following positive indicators were identified for Gi Go Fund Inc:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to minimizing executive overhead.
- Long operational history with 13 IRS 990 filings, suggesting established presence.
- Maintains a substantial revenue base, often exceeding $1 million annually, demonstrating capacity for fundraising.
Frequently Asked Questions about Gi Go Fund Inc
Is Gi Go Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gi Go Fund Inc (EIN: 204990937) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Gi Go Fund Inc spend its money?
Gi Go Fund Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gi Go Fund Inc tax-deductible?
Gi Go Fund Inc is registered as a tax-exempt nonprofit (EIN: 204990937). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Gi Go Fund Inc. financially stable?
Gi Go Fund Inc. has shown periods of financial instability, frequently reporting expenses exceeding revenue. For example, in 202302, expenses were $1,201,810 against revenues of $1,082,285. Additionally, liabilities have at times exceeded assets, as seen in 202302 where liabilities were $614,161 compared to assets of $560,070.
How does Gi Go Fund Inc. manage executive compensation?
Gi Go Fund Inc. consistently reports 0% officer compensation across all available filings, indicating that its executive leadership is likely volunteer-based or compensated through other means not classified as officer compensation on the 990.
What is the trend in Gi Go Fund Inc.'s revenue?
Gi Go Fund Inc.'s revenue has fluctuated, generally staying above $800,000 annually, with peaks around $1.1 million. However, the latest reported revenue of $732,131 is lower than its historical average, suggesting a recent decline.
Are the organization's assets sufficient to cover its liabilities?
While assets have generally exceeded liabilities in many periods, there are notable exceptions. In 202302, liabilities ($614,161) surpassed assets ($560,070), indicating a potential solvency concern for that period.
Filing History
IRS 990 filing history for Gi Go Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gi Go Fund Inc's revenue has grown by 1001.2%, moving from $98K to $1.1M. Total assets increased by 2262.3% over the same period, from $24K to $560K. Total functional expenses rose by 1164.9%, from $95K to $1.2M. In its most recent filing year (2023), Gi Go Fund Inc reported a deficit of $120K, with expenses exceeding revenue. The organization holds $614K in liabilities against $560K in assets (debt-to-asset ratio: 109.7%), resulting in net assets of $-54,091.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.2M | $560K | $614K | — | View 990 |
| 2022 | $913K | $1.2M | $619K | $554K | — | View 990 |
| 2021 | $810K | $901K | $551K | $264K | — | View 990 |
| 2020 | $1.1M | $1.2M | $316K | $27K | — | View 990 |
| 2019 | $1.1M | $1.1M | $383K | $2K | — | View 990 |
| 2018 | $1.1M | $985K | $555K | $138K | — | View 990 |
| 2017 | $880K | $1.2M | $327K | $62K | — | View 990 |
| 2016 | $1.2M | $1.0M | $607K | $27K | — | View 990 |
| 2015 | $1.0M | $795K | $504K | $62K | — | View 990 |
| 2014 | $743K | $574K | $204K | $10K | — | View 990 |
| 2013 | $448K | $434K | $55K | $30K | — | View 990 |
| 2012 | $219K | $225K | $42K | $31K | — | View 990 |
| 2011 | $98K | $95K | $24K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.2M, and assets of $560K (revenue +18.5% year-over-year).
- 2022: Revenue of $913K, expenses of $1.2M, and assets of $619K (revenue +12.8% year-over-year).
- 2021: Revenue of $810K, expenses of $901K, and assets of $551K (revenue -26.3% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.2M, and assets of $316K (revenue +2.8% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $383K (revenue -6.0% year-over-year).
- 2018: Revenue of $1.1M, expenses of $985K, and assets of $555K (revenue +29.1% year-over-year).
- 2017: Revenue of $880K, expenses of $1.2M, and assets of $327K (revenue -24.1% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.0M, and assets of $607K (revenue +11.1% year-over-year).
- 2015: Revenue of $1.0M, expenses of $795K, and assets of $504K (revenue +40.4% year-over-year).
- 2014: Revenue of $743K, expenses of $574K, and assets of $204K (revenue +65.8% year-over-year).
- 2013: Revenue of $448K, expenses of $434K, and assets of $55K (revenue +104.7% year-over-year).
- 2012: Revenue of $219K, expenses of $225K, and assets of $42K (revenue +122.8% year-over-year).
- 2011: Revenue of $98K, expenses of $95K, and assets of $24K.
Data Sources and Methodology
This transparency report for Gi Go Fund Inc 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.