Go Near Ministry
Go Near Ministry shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 205510587 · Fayetteville, AR · NTEE: Q33 · Updated: 2026-03-28
Is Go Near Ministry Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Go Near Ministry directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Go Near Ministry
Go Near Ministry (EIN: 205510587) is a nonprofit organization based in Fayetteville, AR, classified under NTEE code Q33. The organization reported total revenue of $316K and total assets of $411K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Go Near Ministry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Go Near Ministry is a small nonprofit that has been operating for 19 years, with 15 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $202K |
| Total Expenses | $153K |
| Surplus / Deficit | +$49K |
| Total Assets | $224K |
| Total Liabilities | $430 |
| Net Assets | $223K |
| Operating Margin | 24.4% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 17.5 months |
Financial Health Grade: A
In 2023, Go Near Ministry reported a surplus of $49K with revenue exceeding expenses, holds 17.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 15 years of filings (2010–2023), Go Near Ministry's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.0% | +23.8% | +28.3% |
| 2022 | +41.6% | +45.5% | +63.7% |
| 2021 | +115.8% | +136.6% | +75.0% |
| 2020 | +20.3% | -37.7% | +77.7% |
| 2019 | -43.0% | -41.8% | -14.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Go Near Ministry with a Mission Score of 90 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, Go Near Ministry 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 surplus of $49K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Go Near Ministry consistently reports 0% officer compensation across all available filings, indicating that executive leadership is not drawing a salary from the organization, which is highly favorable for donor perception and resource allocation.
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 Go Near Ministry:
- Consistent revenue growth (e.g., $62,498 in 2020 to $202,433 in 2023).
- Strong asset accumulation (e.g., $60,828 in 2020 to $223,683 in 2023).
- 0% reported officer compensation across all filings.
- Low liabilities, indicating financial stability.
- Expenses consistently lower than revenue in recent years, allowing for asset growth.
Frequently Asked Questions about Go Near Ministry
Is Go Near Ministry a legitimate charity?
Based on AI analysis of IRS 990 filings, Go Near Ministry (EIN: 205510587) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Go Near Ministry spend its money?
Go Near Ministry directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Go Near Ministry tax-deductible?
Go Near Ministry is registered as a tax-exempt nonprofit (EIN: 205510587). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Go Near Ministry a good charity?
Based on the available financial data, Go Near Ministry appears to be a good charity. They demonstrate consistent revenue growth, strong asset accumulation, and very low liabilities. Crucially, they report 0% officer compensation, suggesting a high dedication to their mission and efficient use of funds.
How has Go Near Ministry's financial health changed over time?
Go Near Ministry has shown significant financial improvement. Revenue grew from $62,498 in 2020 to $202,433 in 2023, and assets increased from $60,828 to $223,683 in the same period. This indicates a positive trend in financial health and sustainability.
What is Go Near Ministry's approach to executive compensation?
Go Near Ministry consistently reports 0% officer compensation in all available IRS 990 filings. This suggests that their executive leadership is either volunteer-based or compensated through non-officer categories, which is a strong indicator of fiscal prudence and dedication to mission.
Does Go Near Ministry manage its expenses effectively?
Yes, Go Near Ministry appears to manage its expenses effectively. In recent years (2021-2023), their expenses have been consistently lower than their revenue, allowing for the growth of their assets. For example, in 2023, expenses were $153,027 against revenues of $202,433.
Filing History
IRS 990 filing history for Go Near Ministry showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2010–2023), Go Near Ministry's revenue has grown by 15.6%, moving from $175K to $202K. Total assets increased by 1059.6% over the same period, from $19K to $224K. Total functional expenses fell by 5.3%, from $162K to $153K. In its most recent filing year (2023), Go Near Ministry reported a surplus of $49K, with revenue exceeding expenses. The organization holds $430 in liabilities against $224K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $223K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $202K | $153K | $224K | $430 | — | View 990 |
| 2022 | $191K | $124K | $174K | $430 | — | View 990 |
| 2021 | $135K | $85K | $106K | $0 | — | View 990 |
| 2020 | $62K | $36K | $61K | $0 | — | View 990 |
| 2019 | $52K | $58K | $34K | $0 | — | View 990 |
| 2018 | $91K | $99K | $40K | $0 | — | View 990 |
| 2017 | $154K | $192K | $50K | $2K | — | View 990 |
| 2016 | $207K | $189K | $92K | $5K | — | View 990 |
| 2015 | $181K | $220K | $69K | $993 | — | View 990 |
| 2014 | $334K | $339K | $108K | $1K | — | View 990 |
| 2013 | $142K | $87K | $120K | $7K | — | View 990 |
| 2013 | $337K | $291K | $62K | $4K | — | View 990 |
| 2012 | $402K | $410K | $17K | $5K | — | View 990 |
| 2011 | $176K | $175K | $20K | $0 | — | View 990 |
| 2010 | $175K | $162K | $19K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $202K, expenses of $153K, and assets of $224K (revenue +6.0% year-over-year).
- 2022: Revenue of $191K, expenses of $124K, and assets of $174K (revenue +41.6% year-over-year).
- 2021: Revenue of $135K, expenses of $85K, and assets of $106K (revenue +115.8% year-over-year).
- 2020: Revenue of $62K, expenses of $36K, and assets of $61K (revenue +20.3% year-over-year).
- 2019: Revenue of $52K, expenses of $58K, and assets of $34K (revenue -43.0% year-over-year).
- 2018: Revenue of $91K, expenses of $99K, and assets of $40K (revenue -40.8% year-over-year).
- 2017: Revenue of $154K, expenses of $192K, and assets of $50K (revenue -25.6% year-over-year).
- 2016: Revenue of $207K, expenses of $189K, and assets of $92K (revenue +14.5% year-over-year).
- 2015: Revenue of $181K, expenses of $220K, and assets of $69K (revenue -45.8% year-over-year).
- 2014: Revenue of $334K, expenses of $339K, and assets of $108K (revenue +135.5% year-over-year).
- 2013: Revenue of $142K, expenses of $87K, and assets of $120K (revenue -57.9% year-over-year).
- 2013: Revenue of $337K, expenses of $291K, and assets of $62K (revenue -16.2% year-over-year).
- 2012: Revenue of $402K, expenses of $410K, and assets of $17K (revenue +128.1% year-over-year).
- 2011: Revenue of $176K, expenses of $175K, and assets of $20K (revenue +0.6% year-over-year).
- 2010: Revenue of $175K, expenses of $162K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Go Near Ministry:
Data Sources and Methodology
This transparency report for Go Near Ministry 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.