Goatcher Foundation
Goatcher Foundation consistently spends more than it earns, drawing down assets.
EIN: 200116479 · Tulsa, OK · NTEE: T12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $73K |
| Total Expenses | $52K |
| Program Spending | 80% |
| Net Assets | $764K |
| Transparency Score | 70/100 |
Is Goatcher Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Goatcher Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Goatcher Foundation
Goatcher Foundation (EIN: 200116479) is a nonprofit organization based in Tulsa, OK, classified under NTEE code T12. The organization reported total revenue of $73K and total assets of $754K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Goatcher Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Goatcher Foundation is a micro nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). 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 | $25K |
| Total Expenses | $52K |
| Surplus / Deficit | $-27,095 |
| Total Assets | $764K |
| Total Liabilities | $1 |
| Net Assets | $764K |
| Operating Margin | -108.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 176.2 months |
Financial Health Grade: B
In 2023, Goatcher Foundation reported a deficit of $27K with expenses exceeding revenue, holds 176.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Goatcher Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | -28.0% | -3.4% |
| 2022 | -58.7% | +6.1% | -5.7% |
| 2021 | +38.5% | +18.6% | -1.0% |
| 2020 | +10.3% | -8.8% | -1.7% |
| 2019 | +29.4% | +36.8% | +17.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Goatcher Foundation with a Mission Score of 70 out of 100 (Good). 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, Goatcher 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 deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the organization, which is highly favorable for a foundation of this 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 Goatcher Foundation's IRS 990 filings:
- Consistent deficit spending: Expenses frequently exceed revenue (e.g., 2023 expenses $52,024 vs. revenue $24,929).
- Declining asset base: Assets have decreased from $861,815 in 2019 to $764,020 in 2023 due to consistent overspending.
- Lack of detailed expense breakdown: The provided data does not offer a granular view of program, administrative, and fundraising expenses, making efficiency assessment challenging.
Strengths
The following positive indicators were identified for Goatcher Foundation:
- Zero executive compensation: No officer compensation reported across all filings, indicating efficient use of funds for mission.
- Strong asset base: Maintains a significant asset base ($764,020 in 2023) relative to its annual spending, providing a buffer.
- Minimal liabilities: Consistently reports very low liabilities ($1 in recent years), indicating sound debt management.
Frequently Asked Questions about Goatcher Foundation
Is Goatcher Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Goatcher Foundation (EIN: 200116479) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Goatcher Foundation spend its money?
Goatcher Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Goatcher Foundation tax-deductible?
Goatcher Foundation is registered as a tax-exempt nonprofit (EIN: 200116479). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Goatcher Foundation's spending goes to programs?
Goatcher Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Goatcher Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Goatcher Foundation is above average for NTEE category T12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Goatcher Foundation located?
Goatcher Foundation is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 200116479. It is classified under NTEE code T12.
How many years of IRS 990 filings does Goatcher Foundation have?
Goatcher Foundation has 10 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 $73K in total revenue.
Is the Goatcher Foundation financially sustainable?
The Goatcher Foundation has consistently spent more than its revenue in recent years (e.g., $52,024 expenses vs. $24,929 revenue in 2023), leading to a decline in assets from $861,815 in 2019 to $764,020 in 2023. While it has a substantial asset base, this trend of deficit spending is not sustainable long-term without increased revenue or reduced expenses.
How does the Goatcher Foundation manage executive compensation?
The Goatcher Foundation reports 0% officer compensation in all available filings, indicating that no salaries are paid to its officers, which is a strong positive for transparency and resource allocation.
What is the primary use of the Goatcher Foundation's funds?
Without a detailed breakdown of expenses, it's difficult to definitively state the primary use of funds. However, as a foundation (NTEE T12), it is highly probable that the majority of its expenses are directed towards grants and program services, rather than operational overhead or fundraising.
Filing History
IRS 990 filing history for Goatcher Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Goatcher Foundation's revenue has grown by 13.8%, moving from $22K to $25K. Total assets decreased by 3.4% over the same period, from $791K to $764K. Total functional expenses rose by 38.6%, from $38K to $52K. In its most recent filing year (2023), Goatcher Foundation reported a deficit of $27K, with expenses exceeding revenue. The organization holds $1 in liabilities against $764K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $764K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25K | $52K | $764K | $1 | — | — |
| 2022 | $25K | $72K | $791K | $1 | — | View 990 |
| 2021 | $60K | $68K | $839K | $1 | — | — |
| 2020 | $43K | $57K | $847K | $1 | — | View 990 |
| 2019 | $39K | $63K | $862K | $1 | — | View 990 |
| 2015 | $30K | $46K | $735K | $1 | — | View 990 |
| 2014 | $230K | $42K | $751K | $1 | — | View 990 |
| 2013 | $62K | $52K | $780K | $0 | — | View 990 |
| 2012 | $21K | $42K | $770K | $0 | — | View 990 |
| 2011 | $22K | $38K | $791K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25K, expenses of $52K, and assets of $764K (revenue +1.4% year-over-year).
- 2022: Revenue of $25K, expenses of $72K, and assets of $791K (revenue -58.7% year-over-year).
- 2021: Revenue of $60K, expenses of $68K, and assets of $839K (revenue +38.5% year-over-year).
- 2020: Revenue of $43K, expenses of $57K, and assets of $847K (revenue +10.3% year-over-year).
- 2019: Revenue of $39K, expenses of $63K, and assets of $862K (revenue +29.4% year-over-year).
- 2015: Revenue of $30K, expenses of $46K, and assets of $735K (revenue -86.9% year-over-year).
- 2014: Revenue of $230K, expenses of $42K, and assets of $751K (revenue +269.4% year-over-year).
- 2013: Revenue of $62K, expenses of $52K, and assets of $780K (revenue +193.6% year-over-year).
- 2012: Revenue of $21K, expenses of $42K, and assets of $770K (revenue -3.3% year-over-year).
- 2011: Revenue of $22K, expenses of $38K, and assets of $791K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Goatcher Foundation:
Data Sources and Methodology
This transparency report for Goatcher 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.