Global Intiative For Chronic Obstructive Lung Disease Inc
Global Initiative For Chronic Obstructive Lung Disease Inc consistently grows assets with zero reported officer compensation.
EIN: 203403868 · Deer Park, IL · NTEE: E60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $704K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $3.0M |
| Transparency Score | 95/100 |
Is Global Intiative For Chronic Obstructive Lung Disease Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Global Intiative For Chronic Obstructive Lung Disease Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Global Intiative For Chronic Obstructive Lung Disease Inc
Global Intiative For Chronic Obstructive Lung Disease Inc (EIN: 203403868) is a nonprofit organization based in Deer Park, IL, classified under NTEE code E60. The organization reported total revenue of $1.2M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Intiative For Chronic Obstructive Lung Disease Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Intiative For Chronic Obstructive Lung Disease Inc is a mid-size 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 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $952K |
| Total Expenses | $704K |
| Surplus / Deficit | +$248K |
| Total Assets | $3.0M |
| Net Assets | $3.0M |
| Operating Margin | 26.1% |
| Months of Reserves | 50.4 months |
Financial Health Grade: A
In 2023, Global Intiative For Chronic Obstructive Lung Disease Inc reported a surplus of $248K with revenue exceeding expenses, holds 50.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2023), Global Intiative For Chronic Obstructive Lung Disease Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.6% | +66.1% | +8.7% |
| 2022 | -34.2% | +30.7% | +8.5% |
| 2021 | +31.0% | -21.0% | +34.4% |
| 2020 | -20.0% | -43.7% | +21.3% |
| 2019 | +3.1% | +18.1% | -6.8% |
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 Intiative For Chronic Obstructive Lung Disease Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Global Intiative For Chronic Obstructive Lung Disease Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $248K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership operates on a volunteer basis, which is highly commendable for an organization with over $1 million in annual revenue and nearly $3 million in assets.
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.
Strengths
The following positive indicators were identified for Global Intiative For Chronic Obstructive Lung Disease Inc:
- Consistent growth in assets, from $1,538,717 in 2019 to $2,958,019 in 2023, indicating strong financial health.
- Zero reported officer compensation across all filings, maximizing funds for programmatic use.
- Minimal to zero liabilities reported in recent years, demonstrating excellent financial stability.
- Consistent positive net income over the past five years, allowing for asset accumulation.
- High program spending ratio due to low administrative and fundraising overhead.
Frequently Asked Questions about Global Intiative For Chronic Obstructive Lung Disease Inc
Is Global Intiative For Chronic Obstructive Lung Disease Inc a legitimate charity?
Global Intiative For Chronic Obstructive Lung Disease Inc (EIN: 203403868) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Global Intiative For Chronic Obstructive Lung Disease Inc spend its money?
Global Intiative For Chronic Obstructive Lung Disease Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Global Intiative For Chronic Obstructive Lung Disease Inc tax-deductible?
Global Intiative For Chronic Obstructive Lung Disease Inc is registered as a tax-exempt nonprofit (EIN: 203403868). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Global Intiative For Chronic Obstructive Lung Disease Inc CEO make?
Global Intiative For Chronic Obstructive Lung Disease Inc's highest-compensated officer earns $1 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Global Intiative For Chronic Obstructive Lung Disease Inc's spending goes to programs?
Global Intiative For Chronic Obstructive Lung Disease Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Global Intiative For Chronic Obstructive Lung Disease Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Global Intiative For Chronic Obstructive Lung Disease 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 Intiative For Chronic Obstructive Lung Disease Inc located?
Global Intiative For Chronic Obstructive Lung Disease Inc is headquartered in Deer Park, Illinois and files with the IRS under EIN 203403868. It is classified under NTEE code E60.
How many years of IRS 990 filings does Global Intiative For Chronic Obstructive Lung Disease Inc have?
Global Intiative For Chronic Obstructive Lung Disease 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 $1.2M in total revenue.
Is Global Initiative For Chronic Obstructive Lung Disease Inc a good charity?
Based on its financial data, Global Initiative For Chronic Obstructive Lung Disease Inc appears to be a very good charity. It consistently allocates a high percentage of its expenses to programs, has zero reported officer compensation, and maintains a strong financial position with growing assets and minimal liabilities.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved and stabilized. Assets have grown from $1,538,717 in 2019 to $2,958,019 in 2023, and liabilities have been consistently zero or negligible in recent years, indicating strong financial management and growth.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all available filings, suggesting that its executive leadership is entirely volunteer-based, which is a highly efficient model for donor fund utilization.
Filing History
IRS 990 filing history for Global Intiative For Chronic Obstructive Lung Disease Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Global Intiative For Chronic Obstructive Lung Disease Inc's revenue has grown by 26.9%, moving from $750K to $952K. Total assets increased by 325.7% over the same period, from $695K to $3.0M. Total functional expenses rose by 87.5%, from $376K to $704K. In its most recent filing year (2023), Global Intiative For Chronic Obstructive Lung Disease Inc reported a surplus of $248K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $952K | $704K | $3.0M | $0 | — | — |
| 2022 | $637K | $424K | $2.7M | $0 | — | — |
| 2021 | $967K | $324K | $2.5M | $0 | — | View 990 |
| 2020 | $738K | $411K | $1.9M | $0 | — | — |
| 2019 | $922K | $730K | $1.5M | $2K | — | View 990 |
| 2018 | $895K | $619K | $1.7M | $60K | — | View 990 |
| 2017 | $1.0M | $613K | $1.3M | $54 | — | View 990 |
| 2016 | $542K | $483K | $916K | $0 | — | View 990 |
| 2015 | $63K | $191K | $857K | $0 | — | View 990 |
| 2015 | $207K | $242K | $985K | $0 | — | View 990 |
| 2014 | $235K | $266K | $1.0M | $0 | — | View 990 |
| 2013 | $690K | $334K | $1.1M | $0 | — | View 990 |
| 2012 | $750K | $376K | $695K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $952K, expenses of $704K, and assets of $3.0M (revenue +49.6% year-over-year).
- 2022: Revenue of $637K, expenses of $424K, and assets of $2.7M (revenue -34.2% year-over-year).
- 2021: Revenue of $967K, expenses of $324K, and assets of $2.5M (revenue +31.0% year-over-year).
- 2020: Revenue of $738K, expenses of $411K, and assets of $1.9M (revenue -20.0% year-over-year).
- 2019: Revenue of $922K, expenses of $730K, and assets of $1.5M (revenue +3.1% year-over-year).
- 2018: Revenue of $895K, expenses of $619K, and assets of $1.7M (revenue -11.6% year-over-year).
- 2017: Revenue of $1.0M, expenses of $613K, and assets of $1.3M (revenue +86.9% year-over-year).
- 2016: Revenue of $542K, expenses of $483K, and assets of $916K (revenue +758.1% year-over-year).
- 2015: Revenue of $63K, expenses of $191K, and assets of $857K (revenue -69.4% year-over-year).
- 2015: Revenue of $207K, expenses of $242K, and assets of $985K (revenue -12.1% year-over-year).
- 2014: Revenue of $235K, expenses of $266K, and assets of $1.0M (revenue -65.9% year-over-year).
- 2013: Revenue of $690K, expenses of $334K, and assets of $1.1M (revenue -8.0% year-over-year).
- 2012: Revenue of $750K, expenses of $376K, and assets of $695K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Global Intiative For Chronic Obstructive Lung Disease Inc:
Data Sources and Methodology
This transparency report for Global Intiative For Chronic Obstructive Lung Disease 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.