Gobi Support Inc
EIN: 822706114 · Washington, DC · NTEE: I21
| Metric | Value |
|---|---|
| Total Revenue | $172K |
| Total Expenses | $125K |
| Net Assets | $-20,432 |
Is Gobi Support Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gobi Support Inc
Gobi Support Inc (EIN: 822706114) is a nonprofit organization based in Washington, DC, classified under NTEE code I21. The organization reported total revenue of $172K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gobi Support Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gobi Support Inc is a small nonprofit that has been operating for 8 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $129K |
| Total Expenses | $125K |
| Surplus / Deficit | +$4K |
| Total Assets | $7K |
| Total Liabilities | $28K |
| Net Assets | $-20,432 |
| Operating Margin | 3.1% |
| Debt-to-Asset Ratio | 384.5% |
| Months of Reserves | 0.7 months |
Financial Health Grade: B
In 2023, Gobi Support Inc reported a surplus of $4K with revenue exceeding expenses, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 384.5% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Gobi Support Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.4% | +20.0% | +718100.0% |
| 2022 | +31.2% | -8.4% | -99.8% |
| 2021 | -24.0% | -10.2% | -80.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gobi Support Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gobi Support Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 384.5%.
Frequently Asked Questions about Gobi Support Inc
Is Gobi Support Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gobi Support Inc (EIN: 822706114) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gobi Support Inc spend its money?
Detailed spending breakdown data is not yet available for Gobi Support Inc. Check back for updated IRS 990 analysis.
Are donations to Gobi Support Inc tax-deductible?
Gobi Support Inc is registered as a tax-exempt nonprofit (EIN: 822706114). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gobi Support Inc located?
Gobi Support Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 822706114. It is classified under NTEE code I21.
How many years of IRS 990 filings does Gobi Support Inc have?
Gobi Support Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $172K in total revenue.
Filing History
IRS 990 filing history for Gobi Support Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Gobi Support Inc's revenue has declined by 2.6%, moving from $133K to $129K. Total assets increased by 168.6% over the same period, from $3K to $7K. Total functional expenses fell by 1.4%, from $127K to $125K. In its most recent filing year (2023), Gobi Support Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $28K in liabilities against $7K in assets (debt-to-asset ratio: 384.5%), resulting in net assets of $-20,432.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $129K | $125K | $7K | $28K | — | — |
| 2022 | $132K | $104K | $1 | $898 | — | View 990 |
| 2021 | $101K | $114K | $528 | $29K | — | — |
| 2020 | $133K | $127K | $3K | $19K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $129K, expenses of $125K, and assets of $7K (revenue -2.4% year-over-year).
- 2022: Revenue of $132K, expenses of $104K, and assets of $1 (revenue +31.2% year-over-year).
- 2021: Revenue of $101K, expenses of $114K, and assets of $528 (revenue -24.0% year-over-year).
- 2020: Revenue of $133K, expenses of $127K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gobi Support Inc:
Data Sources and Methodology
This transparency report for Gobi Support 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.