Global Friends In Action Inc

Global Friends In Action Inc shows rapid growth and no executive compensation, but faces fluctuating financial stability.

EIN: 200869206 · Madison, WI · Updated: 2026-03-28

$476KRevenue
$185KAssets
85/100Mission Score (Excellent)
Global Friends In Action Inc Financial Summary
MetricValue
Total Revenue$476K
Total Expenses$488K
Program Spending85%
CEO/Top Officer Pay$400,000.
Net Assets$161K
Transparency Score85/100

Is Global Friends In Action Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Global Friends In Action Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Global Friends In Action Inc

Global Friends In Action Inc (EIN: 200869206) is a nonprofit organization based in Madison, WI. The organization reported total revenue of $476K and total assets of $185K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Friends In Action Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Global Friends In Action Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$432K
Total Expenses$488K
Surplus / Deficit$-55,736
Total Assets$259K
Total Liabilities$97K
Net Assets$161K
Operating Margin-12.9%
Debt-to-Asset Ratio37.7%
Months of Reserves6.4 months

Financial Health Grade: B

In 2023, Global Friends In Action Inc reported a deficit of $56K with expenses exceeding revenue, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 37.7% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Global Friends In Action Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023-27.9%-11.8%-39.2%
2022+60.9%+71.2%+97.7%
2021+68.0%+177.2%+48.1%
2020+1951.6%+979.6%+1115.6%
2019+3.3%-19.6%+22.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Global Friends In Action Inc has demonstrated significant growth in recent years, with revenue increasing from $10,793 in 2019 to $431,866 in 2023. This rapid expansion is a positive indicator of increasing support for its mission. The organization consistently reports 0% officer compensation across all available filings, which is a strong sign of financial transparency and a commitment to directing funds towards its programs rather than executive salaries. However, the organization has experienced periods where expenses exceeded revenue, such as in 2023 ($487,602 expenses vs. $431,866 revenue) and 2022 ($553,083 expenses vs. $598,603 revenue), indicating some variability in financial stability. While the asset base has grown substantially, so have liabilities, reaching $97,492 in 2023, which warrants monitoring to ensure long-term financial health. The lack of specific program, administrative, and fundraising expense breakdowns in the provided data limits a detailed assessment of spending efficiency, but the absence of officer compensation is a significant positive for transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Global Friends In Action Inc with a Mission Score of 85 out of 100 (Excellent). 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, Global Friends In Action 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$432KTotal Revenue
$488KTotal Expenses
$259KTotal Assets
$97KTotal Liabilities
$161KNet Assets
  • The organization reported a deficit of $56K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 37.7%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with recent revenues exceeding $400,000.

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 Global Friends In Action Inc's IRS 990 filings:

  • Expenses exceeded revenue in 2023 ($487,602 vs. $431,866), 2019 ($10,795 vs. $10,793), 2018 ($13,431 vs. $10,453), 2017 ($17,887 vs. $12,904), 2015 ($17,611 vs. $15,182), and 2014 ($28,253 vs. $21,901), indicating periods of deficit spending.
  • Increasing liabilities, reaching $97,492 in 2023, which should be monitored relative to assets.

Strengths

The following positive indicators were identified for Global Friends In Action Inc:

  • Consistent reporting of 0% officer compensation across all filings, demonstrating a strong commitment to directing funds to mission.
  • Significant revenue growth from $10,793 in 2019 to $431,866 in 2023, indicating increasing support and impact.
  • Substantial growth in assets from $11,964 in 2019 to $258,664 in 2023, providing a stronger financial base.

Frequently Asked Questions about Global Friends In Action Inc

Is Global Friends In Action Inc a legitimate charity?

Global Friends In Action Inc (EIN: 200869206) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $476K. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Global Friends In Action Inc spend its money?

Global Friends In Action Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Global Friends In Action Inc tax-deductible?

Global Friends In Action Inc is registered as a tax-exempt nonprofit (EIN: 200869206). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Global Friends In Action Inc CEO make?

Global Friends In Action Inc's highest-compensated officer earns $400,000. annually. The organization reported $476K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Global Friends In Action Inc's spending goes to programs?

Global Friends In Action Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Global Friends In Action Inc located?

Global Friends In Action Inc is headquartered in Madison, Wisconsin and files with the IRS under EIN 200869206.

How many years of IRS 990 filings does Global Friends In Action Inc have?

Global Friends In Action Inc has 13 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 $476K in total revenue.

Is Global Friends In Action Inc a good charity?

Based on the available data, Global Friends In Action Inc appears to be a good charity, particularly due to its rapid growth in revenue, consistent reporting of 0% officer compensation, and increasing asset base. However, periods where expenses exceed revenue suggest a need for careful financial management.

How has the organization's financial health changed over time?

The organization has experienced significant financial growth, with revenue increasing from around $10,000 in 2019 to over $400,000 in 2023. Assets have also grown substantially from $11,964 in 2019 to $258,664 in 2023. However, liabilities have also increased, and there have been years where expenses outpaced revenue, indicating some financial volatility.

What is the trend in revenue and expenses?

Revenue has shown a strong upward trend, particularly from 2019 to 2022, with a slight dip in 2023. Expenses have generally followed this upward trend, often closely mirroring or exceeding revenue in certain periods, such as in 2023 where expenses ($487,602) were higher than revenue ($431,866).

Filing History

IRS 990 filing history for Global Friends In Action Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Global Friends In Action Inc's revenue has grown by 747.3%, moving from $51K to $432K. Total assets increased by 870% over the same period, from $27K to $259K. Total functional expenses rose by 808.4%, from $54K to $488K. In its most recent filing year (2023), Global Friends In Action Inc reported a deficit of $56K, with expenses exceeding revenue. The organization holds $97K in liabilities against $259K in assets (debt-to-asset ratio: 37.7%), resulting in net assets of $161K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $432K $488K $259K $97K
2022 $599K $553K $426K $205K View 990
2021 $372K $323K $215K $38K View 990
2020 $221K $117K $145K $22K View 990
2019 $11K $11K $12K $0 View 990
2018 $10K $13K $10K $0 View 990
2017 $13K $18K $12K $12K View 990
2016 $21K $17K $16K $0 View 990
2015 $15K $18K $7K $0 View 990
2014 $22K $28K $10K $0 View 990
2013 $26K $29K $18K $0 View 990
2012 $24K $29K $21K $0 View 990
2011 $51K $54K $27K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $432K, expenses of $488K, and assets of $259K (revenue -27.9% year-over-year).
  • 2022: Revenue of $599K, expenses of $553K, and assets of $426K (revenue +60.9% year-over-year).
  • 2021: Revenue of $372K, expenses of $323K, and assets of $215K (revenue +68.0% year-over-year).
  • 2020: Revenue of $221K, expenses of $117K, and assets of $145K (revenue +1951.6% year-over-year).
  • 2019: Revenue of $11K, expenses of $11K, and assets of $12K (revenue +3.3% year-over-year).
  • 2018: Revenue of $10K, expenses of $13K, and assets of $10K (revenue -19.0% year-over-year).
  • 2017: Revenue of $13K, expenses of $18K, and assets of $12K (revenue -39.1% year-over-year).
  • 2016: Revenue of $21K, expenses of $17K, and assets of $16K (revenue +39.6% year-over-year).
  • 2015: Revenue of $15K, expenses of $18K, and assets of $7K (revenue -30.7% year-over-year).
  • 2014: Revenue of $22K, expenses of $28K, and assets of $10K (revenue -15.0% year-over-year).
  • 2013: Revenue of $26K, expenses of $29K, and assets of $18K (revenue +8.1% year-over-year).
  • 2012: Revenue of $24K, expenses of $29K, and assets of $21K (revenue -53.3% year-over-year).
  • 2011: Revenue of $51K, expenses of $54K, and assets of $27K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Global Friends In Action Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Global Friends In Action 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.

Other Nonprofits in Wisconsin

Explore more nonprofits based in Wisconsin with AI-powered transparency reports.

View all Wisconsin nonprofits →

Explore Related Nonprofits

Browse by State