Global Initiative For Asthma Inc
Global Initiative For Asthma Inc faces recent operating deficits despite zero executive compensation.
EIN: 203403805 · Walworth, WI · NTEE: E60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $577K |
| Total Expenses | $696K |
| Program Spending | 85% |
| Net Assets | $307K |
| Transparency Score | 80/100 |
Is Global Initiative For Asthma Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Global Initiative For Asthma Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Global Initiative For Asthma Inc
Global Initiative For Asthma Inc (EIN: 203403805) is a nonprofit organization based in Walworth, WI, classified under NTEE code E60. The organization reported total revenue of $577K and total assets of $228K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Initiative For Asthma Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Initiative For Asthma Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $507K |
| Total Expenses | $696K |
| Surplus / Deficit | $-188,683 |
| Total Assets | $307K |
| Net Assets | $307K |
| Operating Margin | -37.2% |
| Months of Reserves | 5.3 months |
Financial Health Grade: B
In 2023, Global Initiative For Asthma Inc reported a deficit of $189K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2012–2023), Global Initiative For Asthma Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.8% | +39.3% | -38.0% |
| 2022 | -21.0% | +16.2% | -3.4% |
| 2021 | +36.7% | +3.0% | +52.4% |
| 2020 | -26.2% | -31.2% | +12.1% |
| 2019 | +142.7% | +62.0% | -16.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2008 |
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 Global Initiative For Asthma Inc with a Mission Score of 80 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 Initiative For Asthma 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:
- The organization reported a deficit of $189K, with expenses exceeding revenue.
Executive Compensation Analysis
Global Initiative For Asthma Inc consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly commendable for a nonprofit of its size.
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 Initiative For Asthma Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $188,683 in 2023, $20,308 in 2022)
- Significant decrease in assets from $513,645 in 2021 to $307,387 in 2023, suggesting reliance on reserves.
Strengths
The following positive indicators were identified for Global Initiative For Asthma Inc:
- Consistently reports 0% officer compensation, indicating high efficiency and transparency.
- Maintains zero liabilities in most reporting periods, demonstrating sound financial management.
- Strong program focus due to minimal administrative and fundraising overhead.
Frequently Asked Questions about Global Initiative For Asthma Inc
Is Global Initiative For Asthma Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Global Initiative For Asthma Inc (EIN: 203403805) some concerns. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
How does Global Initiative For Asthma Inc spend its money?
Global Initiative For Asthma Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Global Initiative For Asthma Inc tax-deductible?
Global Initiative For Asthma Inc is registered as a tax-exempt nonprofit (EIN: 203403805). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Global Initiative For Asthma Inc's spending goes to programs?
Global Initiative For Asthma Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Global Initiative For Asthma Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Global Initiative For Asthma Inc is above average for NTEE category E60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Global Initiative For Asthma Inc located?
Global Initiative For Asthma Inc is headquartered in Walworth, Wisconsin and files with the IRS under EIN 203403805. It is classified under NTEE code E60.
How many years of IRS 990 filings does Global Initiative For Asthma Inc have?
Global Initiative For Asthma 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 $577K in total revenue.
Is Global Initiative For Asthma Inc a good charity?
Global Initiative For Asthma Inc exhibits strong operational efficiency by reporting 0% officer compensation and maintaining zero liabilities in most years. However, recent operating deficits, such as the $188,683 deficit in 2023, suggest a need for more stable funding or expense management to ensure long-term sustainability.
What are the primary financial challenges for GINA?
The primary financial challenge for GINA appears to be inconsistent revenue generation relative to expenses, leading to operating deficits in recent years (e.g., $188,683 deficit in 2023 and $20,308 deficit in 2022). This has led to a reduction in assets from $513,645 in 2021 to $307,387 in 2023.
How does GINA's executive compensation compare to other nonprofits?
GINA's executive compensation is exceptionally low, reporting 0% officer compensation in all available filings. This is significantly lower than many other nonprofits, indicating a strong commitment to directing funds towards its mission rather than administrative salaries.
Filing History
IRS 990 filing history for Global Initiative For Asthma Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Global Initiative For Asthma Inc's revenue has grown by 49.2%, moving from $340K to $507K. Total assets decreased by 6.5% over the same period, from $329K to $307K. Total functional expenses rose by 170.9%, from $257K to $696K. In its most recent filing year (2023), Global Initiative For Asthma Inc reported a deficit of $189K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $507K | $696K | $307K | $0 | — | View 990 |
| 2022 | $479K | $500K | $496K | $0 | — | — |
| 2021 | $607K | $430K | $514K | $0 | — | View 990 |
| 2020 | $444K | $417K | $337K | $0 | — | — |
| 2019 | $601K | $607K | $301K | $8K | — | View 990 |
| 2018 | $248K | $374K | $362K | $2K | — | View 990 |
| 2017 | $345K | $324K | $488K | $2K | — | View 990 |
| 2016 | $380K | $312K | $461K | $0 | — | View 990 |
| 2015 | $146K | $187K | $393K | $0 | — | View 990 |
| 2015 | $274K | $287K | $434K | $0 | — | View 990 |
| 2014 | $274K | $296K | $447K | $0 | — | View 990 |
| 2013 | $431K | $291K | $469K | $0 | — | View 990 |
| 2012 | $340K | $257K | $329K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $507K, expenses of $696K, and assets of $307K (revenue +5.8% year-over-year).
- 2022: Revenue of $479K, expenses of $500K, and assets of $496K (revenue -21.0% year-over-year).
- 2021: Revenue of $607K, expenses of $430K, and assets of $514K (revenue +36.7% year-over-year).
- 2020: Revenue of $444K, expenses of $417K, and assets of $337K (revenue -26.2% year-over-year).
- 2019: Revenue of $601K, expenses of $607K, and assets of $301K (revenue +142.7% year-over-year).
- 2018: Revenue of $248K, expenses of $374K, and assets of $362K (revenue -28.3% year-over-year).
- 2017: Revenue of $345K, expenses of $324K, and assets of $488K (revenue -9.1% year-over-year).
- 2016: Revenue of $380K, expenses of $312K, and assets of $461K (revenue +160.6% year-over-year).
- 2015: Revenue of $146K, expenses of $187K, and assets of $393K (revenue -46.7% year-over-year).
- 2015: Revenue of $274K, expenses of $287K, and assets of $434K (revenue -0.2% year-over-year).
- 2014: Revenue of $274K, expenses of $296K, and assets of $447K (revenue -36.4% year-over-year).
- 2013: Revenue of $431K, expenses of $291K, and assets of $469K (revenue +26.8% year-over-year).
- 2012: Revenue of $340K, expenses of $257K, and assets of $329K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Global Initiative For Asthma Inc:
Data Sources and Methodology
This transparency report for Global Initiative For Asthma 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.