Gogebic Community College Found
EIN: 382193133 · Ironwood, MI · NTEE: B41I
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $278K |
| Net Assets | $5.0M |
Is Gogebic Community College Found Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gogebic Community College Found
Gogebic Community College Found (EIN: 382193133) is a nonprofit organization based in Ironwood, MI, classified under NTEE code B41I. The organization reported total revenue of $1.7M and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gogebic Community College Found's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gogebic Community College Found is a mid-size nonprofit that has been operating for 48 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $472K |
| Total Expenses | $278K |
| Surplus / Deficit | +$194K |
| Total Assets | $5.0M |
| Net Assets | $5.0M |
| Operating Margin | 41.1% |
| Months of Reserves | 215.1 months |
Financial Health Grade: A
In 2023, Gogebic Community College Found reported a surplus of $194K with revenue exceeding expenses, holds 215.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Gogebic Community College Found's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.3% | +4.6% | +5.6% |
| 2022 | -14.8% | -41.0% | -10.0% |
| 2021 | +95.1% | +17.7% | +18.7% |
| 2020 | -8.5% | -23.5% | -1.9% |
| 2019 | +13.4% | +134.9% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gogebic Community College Found 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 Gogebic Community College Found 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 $194K, with revenue exceeding expenses.
Frequently Asked Questions about Gogebic Community College Found
Is Gogebic Community College Found a legitimate charity?
Based on AI analysis of IRS 990 filings, Gogebic Community College Found (EIN: 382193133) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gogebic Community College Found spend its money?
Detailed spending breakdown data is not yet available for Gogebic Community College Found. Check back for updated IRS 990 analysis.
Are donations to Gogebic Community College Found tax-deductible?
Gogebic Community College Found is registered as a tax-exempt nonprofit (EIN: 382193133). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gogebic Community College Found located?
Gogebic Community College Found is headquartered in Ironwood, Michigan and files with the IRS under EIN 382193133. It is classified under NTEE code B41I.
How many years of IRS 990 filings does Gogebic Community College Found have?
Gogebic Community College Found has 12 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 $1.7M in total revenue.
Filing History
IRS 990 filing history for Gogebic Community College Found showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Gogebic Community College Found's revenue has grown by 8.1%, moving from $437K to $472K. Total assets increased by 108.9% over the same period, from $2.4M to $5.0M. Total functional expenses rose by 63.4%, from $170K to $278K. In its most recent filing year (2023), Gogebic Community College Found reported a surplus of $194K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $472K | $278K | $5.0M | $0 | — | View 990 |
| 2022 | $641K | $266K | $4.7M | $2K | — | View 990 |
| 2021 | $752K | $451K | $5.2M | $85K | — | View 990 |
| 2020 | $385K | $383K | $4.4M | $66K | — | View 990 |
| 2019 | $421K | $501K | $4.5M | $15K | — | View 990 |
| 2018 | $372K | $213K | $4.5M | $31K | — | View 990 |
| 2017 | $840K | $195K | $4.3M | $9K | — | View 990 |
| 2016 | $460K | $199K | $4.0M | $0 | — | View 990 |
| 2015 | $499K | $164K | $3.7M | $0 | — | View 990 |
| 2014 | $275K | $218K | $3.6M | $35K | — | View 990 |
| 2013 | $695K | $175K | $3.2M | $0 | — | View 990 |
| 2012 | $437K | $170K | $2.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $472K, expenses of $278K, and assets of $5.0M (revenue -26.3% year-over-year).
- 2022: Revenue of $641K, expenses of $266K, and assets of $4.7M (revenue -14.8% year-over-year).
- 2021: Revenue of $752K, expenses of $451K, and assets of $5.2M (revenue +95.1% year-over-year).
- 2020: Revenue of $385K, expenses of $383K, and assets of $4.4M (revenue -8.5% year-over-year).
- 2019: Revenue of $421K, expenses of $501K, and assets of $4.5M (revenue +13.4% year-over-year).
- 2018: Revenue of $372K, expenses of $213K, and assets of $4.5M (revenue -55.7% year-over-year).
- 2017: Revenue of $840K, expenses of $195K, and assets of $4.3M (revenue +82.5% year-over-year).
- 2016: Revenue of $460K, expenses of $199K, and assets of $4.0M (revenue -7.7% year-over-year).
- 2015: Revenue of $499K, expenses of $164K, and assets of $3.7M (revenue +81.4% year-over-year).
- 2014: Revenue of $275K, expenses of $218K, and assets of $3.6M (revenue -60.5% year-over-year).
- 2013: Revenue of $695K, expenses of $175K, and assets of $3.2M (revenue +59.1% year-over-year).
- 2012: Revenue of $437K, expenses of $170K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gogebic Community College Found:
Data Sources and Methodology
This transparency report for Gogebic Community College Found 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.