Global Partners In Care Inc
Global Partners In Care Inc operates near break-even with no reported officer compensation.
EIN: 161590512 · Mishawaka, IN · NTEE: Q300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $721K |
| Total Expenses | $723K |
| Program Spending | 85% |
| Net Assets | $429K |
| Transparency Score | 88/100 |
Is Global Partners In Care Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Global Partners In Care Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Global Partners In Care Inc
Global Partners In Care Inc (EIN: 161590512) is a nonprofit organization based in Mishawaka, IN, classified under NTEE code Q300. The organization reported total revenue of $721K and total assets of $624K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Partners In Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Partners In Care Inc is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $713K |
| Total Expenses | $723K |
| Surplus / Deficit | $-9,209 |
| Total Assets | $498K |
| Total Liabilities | $69K |
| Net Assets | $429K |
| Operating Margin | -1.3% |
| Debt-to-Asset Ratio | 13.8% |
| Months of Reserves | 8.3 months |
Financial Health Grade: B
In 2023, Global Partners In Care Inc reported a deficit of $9K with expenses exceeding revenue, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 13.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Global Partners In Care Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.9% | +24.0% | -21.6% |
| 2022 | +6.1% | +4.7% | +67.1% |
| 2021 | +19.3% | +17.5% | +20.1% |
| 2020 | -13.6% | -14.3% | +18.4% |
| 2019 | +10.8% | +7.4% | +30.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Partners In Care Inc with a Mission Score of 88 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 Partners In Care 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 $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.8%.
Executive Compensation Analysis
Global Partners In Care Inc consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through mechanisms not categorized as officer compensation on the 990, which is highly favorable 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 Partners In Care Inc's IRS 990 filings:
- Consistent slight operating deficits in multiple years (e.g., 202312, 202012, 201912), indicating expenses sometimes exceed revenue.
Strengths
The following positive indicators were identified for Global Partners In Care Inc:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency in leadership compensation.
- Healthy asset-to-liability ratio, with assets significantly exceeding liabilities in most periods (e.g., $497,959 assets vs. $68,691 liabilities in 202312).
- Long history of IRS 990 filings (13 filings), demonstrating transparency and consistent reporting.
- Recent revenue growth, with 202312 revenue ($713,485) nearing its historical high from 201412.
Frequently Asked Questions about Global Partners In Care Inc
Is Global Partners In Care Inc a legitimate charity?
Global Partners In Care Inc (EIN: 161590512) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $721K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Global Partners In Care Inc spend its money?
Global Partners In Care Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Global Partners In Care Inc tax-deductible?
Global Partners In Care Inc is registered as a tax-exempt nonprofit (EIN: 161590512). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Global Partners In Care Inc's spending goes to programs?
Global Partners In Care Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Global Partners In Care Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Global Partners In Care Inc is above average for NTEE category Q300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Global Partners In Care Inc located?
Global Partners In Care Inc is headquartered in Mishawaka, Indiana and files with the IRS under EIN 161590512. It is classified under NTEE code Q300.
How many years of IRS 990 filings does Global Partners In Care Inc have?
Global Partners In Care 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 $721K in total revenue.
Is Global Partners In Care Inc a good charity?
Based on the available data, Global Partners In Care Inc appears to be a good charity. It consistently reports 0% officer compensation, suggesting a strong commitment to directing funds towards its mission rather than executive salaries. While it experiences slight operating deficits in some years, its asset base remains healthy relative to liabilities, indicating financial stability.
How has Global Partners In Care Inc's revenue trended over time?
Global Partners In Care Inc's revenue has fluctuated over the past decade. It saw a high of $709,478 in 201412, dipped to $395,474 in 201712, and has since generally increased, reaching $713,485 in the latest 202312 filing, showing a recovery and growth trend in recent years.
What is the organization's financial stability?
The organization's financial stability appears moderate to strong. While it has experienced slight operating deficits in several years (e.g., 202312, 202012), its assets ($497,959 in 202312) generally outweigh its liabilities ($68,691 in 202312), indicating a healthy balance sheet and capacity to cover its obligations.
Filing History
IRS 990 filing history for Global Partners In Care Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Global Partners In Care Inc's revenue has declined by 61.8%, moving from $1.9M to $713K. Total assets decreased by 13.2% over the same period, from $574K to $498K. Total functional expenses fell by 65.9%, from $2.1M to $723K. In its most recent filing year (2023), Global Partners In Care Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $69K in liabilities against $498K in assets (debt-to-asset ratio: 13.8%), resulting in net assets of $429K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $713K | $723K | $498K | $69K | — | — |
| 2022 | $595K | $583K | $635K | $257K | — | View 990 |
| 2021 | $561K | $556K | $380K | $74K | — | View 990 |
| 2020 | $470K | $474K | $317K | $79K | — | — |
| 2019 | $545K | $553K | $267K | $87K | — | View 990 |
| 2018 | $492K | $514K | $205K | $76K | — | View 990 |
| 2017 | $395K | $268K | $183K | $56K | — | — |
| 2016 | $543K | $530K | $343K | $54K | — | View 990 |
| 2015 | $575K | $612K | $316K | $40K | — | View 990 |
| 2014 | $709K | $810K | $424K | $111K | — | View 990 |
| 2013 | $807K | $909K | $485K | $71K | — | View 990 |
| 2012 | $1.2M | $1.1M | $699K | $183K | — | View 990 |
| 2011 | $1.9M | $2.1M | $574K | $196K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $713K, expenses of $723K, and assets of $498K (revenue +19.9% year-over-year).
- 2022: Revenue of $595K, expenses of $583K, and assets of $635K (revenue +6.1% year-over-year).
- 2021: Revenue of $561K, expenses of $556K, and assets of $380K (revenue +19.3% year-over-year).
- 2020: Revenue of $470K, expenses of $474K, and assets of $317K (revenue -13.6% year-over-year).
- 2019: Revenue of $545K, expenses of $553K, and assets of $267K (revenue +10.8% year-over-year).
- 2018: Revenue of $492K, expenses of $514K, and assets of $205K (revenue +24.3% year-over-year).
- 2017: Revenue of $395K, expenses of $268K, and assets of $183K (revenue -27.2% year-over-year).
- 2016: Revenue of $543K, expenses of $530K, and assets of $343K (revenue -5.5% year-over-year).
- 2015: Revenue of $575K, expenses of $612K, and assets of $316K (revenue -19.0% year-over-year).
- 2014: Revenue of $709K, expenses of $810K, and assets of $424K (revenue -12.0% year-over-year).
- 2013: Revenue of $807K, expenses of $909K, and assets of $485K (revenue -35.3% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.1M, and assets of $699K (revenue -33.3% year-over-year).
- 2011: Revenue of $1.9M, expenses of $2.1M, and assets of $574K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Global Partners In Care Inc:
Data Sources and Methodology
This transparency report for Global Partners In Care 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.