Go4 Thegoal Foundation
Go4 Thegoal Foundation maintains stable assets and no officer compensation, with fluctuating but generally positive revenue trends.
EIN: 205065314 · Cherry Hill, NJ · NTEE: P30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $450K |
| Total Expenses | $433K |
| Program Spending | 80% |
| Net Assets | $652K |
| Transparency Score | 85/100 |
Is Go4 Thegoal Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Go4 Thegoal Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Go4 Thegoal Foundation
Go4 Thegoal Foundation (EIN: 205065314) is a nonprofit organization based in Cherry Hill, NJ, classified under NTEE code P30. The organization reported total revenue of $450K and total assets of $650K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Go4 Thegoal Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Go4 Thegoal Foundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $492K |
| Total Expenses | $433K |
| Surplus / Deficit | +$59K |
| Total Assets | $652K |
| Total Liabilities | $83 |
| Net Assets | $652K |
| Operating Margin | 11.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 18.1 months |
Financial Health Grade: A
In 2023, Go4 Thegoal Foundation reported a surplus of $59K with revenue exceeding expenses, holds 18.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Go4 Thegoal Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.3% | -27.2% | +8.6% |
| 2022 | -9.1% | +19.1% | -7.9% |
| 2021 | +96.6% | +6.8% | +16.0% |
| 2020 | -60.2% | -27.4% | -23.0% |
| 2019 | +4.2% | +41.0% | +17.5% |
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 Go4 Thegoal Foundation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Go4 Thegoal Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $59K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for resource allocation relative to 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 Go4 Thegoal Foundation's IRS 990 filings:
- Periods where expenses exceeded revenue (e.g., 202212: $595,234 expenses vs. $536,089 revenue; 202012: $468,134 expenses vs. $300,169 revenue), indicating reliance on reserves or prior surpluses.
Strengths
The following positive indicators were identified for Go4 Thegoal Foundation:
- Strong asset base relative to liabilities (e.g., $652,210 assets vs. $83 liabilities in 202312).
- Consistent reporting of 0% officer compensation across all filings, suggesting efficient use of funds.
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
- Generally positive net income in most years, contributing to asset growth (e.g., $491,805 revenue vs. $433,242 expenses in 202312).
Frequently Asked Questions about Go4 Thegoal Foundation
Is Go4 Thegoal Foundation a legitimate charity?
Go4 Thegoal Foundation (EIN: 205065314) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $450K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Go4 Thegoal Foundation spend its money?
Go4 Thegoal Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Go4 Thegoal Foundation tax-deductible?
Go4 Thegoal Foundation is registered as a tax-exempt nonprofit (EIN: 205065314). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Go4 Thegoal Foundation's spending goes to programs?
Go4 Thegoal Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Go4 Thegoal Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Go4 Thegoal Foundation is above average for NTEE category P30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Go4 Thegoal Foundation located?
Go4 Thegoal Foundation is headquartered in Cherry Hill, New Jersey and files with the IRS under EIN 205065314. It is classified under NTEE code P30.
How many years of IRS 990 filings does Go4 Thegoal Foundation have?
Go4 Thegoal Foundation 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 $450K in total revenue.
Is Go4 Thegoal Foundation a good charity?
Based on the provided data, Go4 Thegoal Foundation appears to be a well-managed charity. It consistently maintains a strong asset base, reports no officer compensation, and has a history of regular IRS 990 filings, indicating transparency and responsible financial stewardship.
How has Go4 Thegoal Foundation's revenue trended?
Go4 Thegoal Foundation's revenue has fluctuated, with a high of $753,330 in 201912 and a low of $300,169 in 202012. The latest reported revenue for 202312 was $491,805, showing a recovery from the 2020 low but below its peak.
What is the organization's financial stability?
The organization demonstrates good financial stability, consistently holding significant assets relative to its liabilities. In 202312, assets were $652,210 with only $83 in liabilities, indicating a very strong balance sheet.
Does Go4 Thegoal Foundation pay its officers?
According to all available IRS 990 filings, Go4 Thegoal Foundation reports 0% officer compensation, suggesting that its leadership is not compensated through traditional officer salaries.
Are there any concerns about Go4 Thegoal Foundation's spending?
While the overall spending appears responsible, with expenses generally below or near revenue, a detailed breakdown of program vs. administrative vs. fundraising costs is not provided in the summary, which would offer deeper insight into spending efficiency. However, the 0% officer compensation is a positive indicator.
Filing History
IRS 990 filing history for Go4 Thegoal Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Go4 Thegoal Foundation's revenue has grown by 80.8%, moving from $272K to $492K. Total assets increased by 359.3% over the same period, from $142K to $652K. Total functional expenses rose by 52.7%, from $284K to $433K. In its most recent filing year (2023), Go4 Thegoal Foundation reported a surplus of $59K, with revenue exceeding expenses. The organization holds $83 in liabilities against $652K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $652K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $492K | $433K | $652K | $83 | — | View 990 |
| 2022 | $536K | $595K | $601K | $7K | — | View 990 |
| 2021 | $590K | $500K | $652K | $0 | — | View 990 |
| 2020 | $300K | $468K | $562K | $0 | — | View 990 |
| 2019 | $753K | $645K | $730K | $0 | — | View 990 |
| 2018 | $723K | $457K | $622K | $0 | — | View 990 |
| 2017 | $567K | $550K | $356K | $0 | — | View 990 |
| 2016 | $625K | $566K | $339K | $0 | — | View 990 |
| 2015 | $466K | $408K | $237K | $0 | — | View 990 |
| 2014 | $479K | $447K | $179K | $0 | — | View 990 |
| 2013 | $359K | $411K | $147K | $0 | — | View 990 |
| 2012 | $492K | $436K | $199K | $0 | — | View 990 |
| 2011 | $272K | $284K | $142K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $492K, expenses of $433K, and assets of $652K (revenue -8.3% year-over-year).
- 2022: Revenue of $536K, expenses of $595K, and assets of $601K (revenue -9.1% year-over-year).
- 2021: Revenue of $590K, expenses of $500K, and assets of $652K (revenue +96.6% year-over-year).
- 2020: Revenue of $300K, expenses of $468K, and assets of $562K (revenue -60.2% year-over-year).
- 2019: Revenue of $753K, expenses of $645K, and assets of $730K (revenue +4.2% year-over-year).
- 2018: Revenue of $723K, expenses of $457K, and assets of $622K (revenue +27.4% year-over-year).
- 2017: Revenue of $567K, expenses of $550K, and assets of $356K (revenue -9.2% year-over-year).
- 2016: Revenue of $625K, expenses of $566K, and assets of $339K (revenue +34.2% year-over-year).
- 2015: Revenue of $466K, expenses of $408K, and assets of $237K (revenue -2.8% year-over-year).
- 2014: Revenue of $479K, expenses of $447K, and assets of $179K (revenue +33.3% year-over-year).
- 2013: Revenue of $359K, expenses of $411K, and assets of $147K (revenue -27.0% year-over-year).
- 2012: Revenue of $492K, expenses of $436K, and assets of $199K (revenue +80.8% year-over-year).
- 2011: Revenue of $272K, expenses of $284K, and assets of $142K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Go4 Thegoal Foundation:
Data Sources and Methodology
This transparency report for Go4 Thegoal Foundation 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.