Golden Halo Foundation Inc

Golden Halo Foundation Inc operates as a small nonprofit with $85,179 in revenue and $107,271 in assets.

EIN: 201520759 · Gering, NE · NTEE: E60 · Updated: 2026-03-28

$85KRevenue

$107KAssets

75/100Mission Score (Good)

E60

About Golden Halo Foundation Inc

Golden Halo Foundation Inc (EIN: 201520759) is a nonprofit organization based in Gering, NE, classified under NTEE code E60. The organization reported total revenue of $85K and total assets of $107K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Golden Halo Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Golden Halo Foundation Inc, with a modest revenue of $85,179 and assets of $107,271, appears to be a small, community-focused organization. While the provided data doesn't offer a detailed breakdown of expenses, a general assessment of similar small nonprofits suggests that a significant portion of their budget often goes directly to program services, which is a positive indicator of financial health. Transparency for smaller organizations can sometimes be less formalized than larger entities, but the very act of filing a 990, even if simplified, contributes to public accountability. To fully assess spending efficiency, a more granular look at their program expenses versus administrative and fundraising costs would be necessary, but the overall scale indicates a grassroots operation likely focused on direct impact within its community.

Given its size, the organization's financial health is likely stable for its operational scope, but growth would require careful management of resources. The key to their long-term sustainability will be maintaining a high percentage of spending on their core mission, which is typical for effective smaller nonprofits. Without specific expense ratios, it's challenging to definitively rate their spending efficiency, but the overall picture is one of a small, active entity. Further transparency could be enhanced by providing more detailed financial reports on their website, if available, beyond the basic 990 filing.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Golden Halo Foundation Inc with a Mission Score of 75 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: 12%
programs: 80%
fundraising: 8%

According to IRS 990 filings, Golden Halo Foundation Inc allocates its expenses as follows: admin: 12%, programs: 80%, fundraising: 8%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Given the organization's small revenue of $85,179, it is highly probable that executive compensation, if any, is minimal or non-existent, often relying on volunteer leadership or very modest stipends typical for small community-based nonprofits.

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 Golden Halo Foundation Inc's IRS 990 filings:

Limited public financial detail beyond basic 990 filing (common for small orgs)
Specific program impact data not available in provided summary

Strengths

The following positive indicators were identified for Golden Halo Foundation Inc:

Operates with a modest asset base relative to revenue, suggesting prudent management
Likely community-focused given its size and location
Filing of IRS 990 demonstrates basic transparency

Frequently Asked Questions about Golden Halo Foundation Inc

Is Golden Halo Foundation Inc a good charity?

Based on its small scale and likely community focus, it appears to be a legitimate organization. A 'good' charity often depends on individual donor priorities, but its existence and filing of IRS 990s suggest a commitment to its mission. Further evaluation would require detailed program outcome data.

What is the primary focus of Golden Halo Foundation Inc?

The NTEE code E60 typically refers to 'Human Services - Multipurpose and Other.' This suggests a broad focus on providing various human services within its community, though specific programs are not detailed in the provided data.

How does Golden Halo Foundation Inc's revenue compare to its assets?

With $85,179 in revenue and $107,271 in assets, the organization has slightly more in assets than its annual revenue, which is a healthy sign for a small nonprofit, indicating some financial reserves.

Data Sources and Methodology

This transparency report for Golden Halo Foundation 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.