Golden Key Center For Exceptionalchildren Inc
Golden Key Center For Exceptionalchildren Inc shows strong revenue growth and zero officer compensation, indicating a mission-focused approach.
EIN: 205671272 · Canton, OH · NTEE: P33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $4.1M |
| Program Spending | 90% |
| Net Assets | $4.8M |
| Transparency Score | 95/100 |
Is Golden Key Center For Exceptionalchildren Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Golden Key Center For Exceptionalchildren Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Golden Key Center For Exceptionalchildren Inc
Golden Key Center For Exceptionalchildren Inc (EIN: 205671272) is a nonprofit organization based in Canton, OH, classified under NTEE code P33. The organization reported total revenue of $4.4M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Golden Key Center For Exceptionalchildren Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Golden Key Center For Exceptionalchildren Inc is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 14.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.4M |
| Total Expenses | $4.1M |
| Surplus / Deficit | +$372K |
| Total Assets | $5.4M |
| Total Liabilities | $631K |
| Net Assets | $4.8M |
| Operating Margin | 8.4% |
| Debt-to-Asset Ratio | 11.7% |
| Months of Reserves | 16.0 months |
Financial Health Grade: A
In 2024, Golden Key Center For Exceptionalchildren Inc reported a surplus of $372K with revenue exceeding expenses, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 11.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Golden Key Center For Exceptionalchildren Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -16.0% | +21.2% | +3.3% |
| 2023 | +59.1% | +19.3% | +78.1% |
| 2022 | +21.0% | +13.9% | +10.2% |
| 2021 | +31.8% | +13.8% | +10.9% |
| 2020 | +1.6% | +16.6% | +18.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Golden Key Center For Exceptionalchildren Inc with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Golden Key Center For Exceptionalchildren Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $372K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is exceptional and indicates that no salaries are paid to its top executives, suggesting a volunteer-led or very lean executive structure.
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.
Strengths
The following positive indicators were identified for Golden Key Center For Exceptionalchildren Inc:
- Consistent zero officer compensation, indicating high efficiency and mission focus.
- Strong and consistent revenue growth, from $988,880 in 2018 to $4,444,620 in 2024.
- Healthy asset-to-liability ratio, demonstrating financial stability (e.g., $5,416,117 assets vs. $631,073 liabilities in 2024).
- Positive net income in most recent periods (e.g., $372,197 in 2024 and $1,934,243 in 2023), indicating financial sustainability.
Frequently Asked Questions about Golden Key Center For Exceptionalchildren Inc
Is Golden Key Center For Exceptionalchildren Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Golden Key Center For Exceptionalchildren Inc (EIN: 205671272) appears legitimate. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
How does Golden Key Center For Exceptionalchildren Inc spend its money?
Golden Key Center For Exceptionalchildren Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Golden Key Center For Exceptionalchildren Inc tax-deductible?
Golden Key Center For Exceptionalchildren Inc is registered as a tax-exempt nonprofit (EIN: 205671272). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Golden Key Center For Exceptionalchildren Inc's spending goes to programs?
Golden Key Center For Exceptionalchildren Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Golden Key Center For Exceptionalchildren Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Golden Key Center For Exceptionalchildren Inc is above average for NTEE category P33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Golden Key Center For Exceptionalchildren Inc located?
Golden Key Center For Exceptionalchildren Inc is headquartered in Canton, Ohio and files with the IRS under EIN 205671272. It is classified under NTEE code P33.
How many years of IRS 990 filings does Golden Key Center For Exceptionalchildren Inc have?
Golden Key Center For Exceptionalchildren Inc has 14 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 $4.4M in total revenue.
Is Golden Key Center For Exceptionalchildren Inc a good charity?
Based on the provided data, Golden Key Center For Exceptionalchildren Inc appears to be a very good charity. Its consistent reporting of zero officer compensation, strong revenue growth, and healthy asset-to-liability ratio are all positive indicators of financial health and a strong commitment to its mission.
How has the organization's revenue changed over time?
The organization has experienced significant revenue growth, increasing from $988,880 in 2018 to $4,444,620 in 2024, demonstrating a substantial expansion of its financial capacity.
What is the organization's approach to executive compensation?
Golden Key Center For Exceptionalchildren Inc reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers, which is a highly transparent and mission-focused approach.
Filing History
IRS 990 filing history for Golden Key Center For Exceptionalchildren Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Golden Key Center For Exceptionalchildren Inc's revenue has grown by 473.2%, moving from $775K to $4.4M. Total assets increased by 826.5% over the same period, from $585K to $5.4M. Total functional expenses rose by 488.7%, from $692K to $4.1M. In its most recent filing year (2024), Golden Key Center For Exceptionalchildren Inc reported a surplus of $372K, with revenue exceeding expenses. The organization holds $631K in liabilities against $5.4M in assets (debt-to-asset ratio: 11.7%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $4.4M | $4.1M | $5.4M | $631K | — | View 990 |
| 2023 | $5.3M | $3.4M | $5.2M | $832K | — | View 990 |
| 2022 | $3.3M | $2.8M | $2.9M | $466K | — | View 990 |
| 2021 | $2.8M | $2.5M | $2.7M | $705K | — | View 990 |
| 2020 | $2.1M | $2.2M | $2.4M | $721K | — | View 990 |
| 2019 | $2.1M | $1.9M | $2.0M | $257K | — | View 990 |
| 2018 | $989K | $811K | $1.8M | $180K | — | View 990 |
| 2017 | $1.6M | $1.5M | $1.6M | $174K | — | View 990 |
| 2016 | $1.4M | $1.3M | $1.5M | $168K | — | View 990 |
| 2015 | $1.3M | $1.2M | $1.4M | $197K | — | View 990 |
| 2014 | $1.1M | $1.1M | $1.3M | $189K | — | View 990 |
| 2013 | $1.2M | $993K | $1.3M | $141K | — | View 990 |
| 2012 | $1.2M | $802K | $1.2M | $213K | — | View 990 |
| 2011 | $775K | $692K | $585K | $50K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $4.4M, expenses of $4.1M, and assets of $5.4M (revenue -16.0% year-over-year).
- 2023: Revenue of $5.3M, expenses of $3.4M, and assets of $5.2M (revenue +59.1% year-over-year).
- 2022: Revenue of $3.3M, expenses of $2.8M, and assets of $2.9M (revenue +21.0% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.5M, and assets of $2.7M (revenue +31.8% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.2M, and assets of $2.4M (revenue +1.6% year-over-year).
- 2019: Revenue of $2.1M, expenses of $1.9M, and assets of $2.0M (revenue +107.7% year-over-year).
- 2018: Revenue of $989K, expenses of $811K, and assets of $1.8M (revenue -37.2% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.5M, and assets of $1.6M (revenue +14.6% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.3M, and assets of $1.5M (revenue +9.0% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.2M, and assets of $1.4M (revenue +14.8% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $1.3M (revenue -9.1% year-over-year).
- 2013: Revenue of $1.2M, expenses of $993K, and assets of $1.3M (revenue -0.6% year-over-year).
- 2012: Revenue of $1.2M, expenses of $802K, and assets of $1.2M (revenue +56.8% year-over-year).
- 2011: Revenue of $775K, expenses of $692K, and assets of $585K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Golden Key Center For Exceptionalchildren Inc:
Data Sources and Methodology
This transparency report for Golden Key Center For Exceptionalchildren 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.