Goler Place Inc
Goler Place Inc. consistently operates at a deficit, with expenses exceeding revenue for over a decade, leading to a decline in assets.
EIN: 202069681 · Winstonsalem, NC · NTEE: L21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $532K |
| Total Expenses | $689K |
| Program Spending | 70% |
| Net Assets | $4.4M |
| Transparency Score | 65/100 |
Search Intent Cockpit
Goler Place Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Goler Place Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Goler Place Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $534K and expenses of $689K.
Revenue and Expenses
Goler Place Inc reported $534K in revenue and $689K in expenses, a deficit of $155K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
65/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Goler Place Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $482K (70%) |
Across stored filings, Goler Place Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Cccp Community Trust | North Carolina and Category L context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Cccp Community Trust →All North Carolina nonprofits
All Category L
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Winstonsalem, NC nonprofitsCategory L in North Carolina
Human Services in North Carolina
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Category L spending
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Donation Decision Flow
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Keep the Investigation Moving
Goler Place Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Goler Place Inc
Goler Place Inc (EIN: 202069681) is a nonprofit organization based in Winstonsalem, NC, classified under NTEE code L21. The organization reported total revenue of $532K and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Goler Place Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Goler Place Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $534K |
| Total Expenses | $689K |
| Surplus / Deficit | $-155,355 |
| Total Assets | $4.7M |
| Total Liabilities | $281K |
| Net Assets | $4.4M |
| Operating Margin | -29.1% |
| Debt-to-Asset Ratio | 6.0% |
| Months of Reserves | 81.8 months |
Financial Health Grade: B
In 2023, Goler Place Inc reported a deficit of $155K with expenses exceeding revenue, holds 81.8 months of operating reserves (strong position), has a debt-to-asset ratio of 6.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Goler Place Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.1% | +3.3% | -2.7% |
| 2022 | +3.9% | -5.8% | -2.6% |
| 2021 | +2.1% | -0.4% | -4.3% |
| 2020 | +3.9% | -0.1% | -3.9% |
| 2019 | +2.5% | +5.0% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Goler Place Inc with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Goler Place Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $155K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.0%.
Executive Compensation Analysis
Goler Place Inc. consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be unpaid or compensated through means not categorized as officer compensation, which is a positive for minimizing overhead.
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 Goler Place Inc's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue for over a decade)
- Declining asset base over the long term (from $6.39M in 2014 to $4.69M in 2023)
Strengths
The following positive indicators were identified for Goler Place Inc:
- Consistent IRS 990 filing history (13 filings) indicating transparency
- No reported officer compensation, suggesting low executive overhead
- Substantial asset base ($4.69 million in 2023) providing financial cushion
Frequently Asked Questions about Goler Place Inc
Is Goler Place Inc a legitimate charity?
Goler Place Inc (EIN: 202069681) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $532K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Goler Place Inc spend its money?
Goler Place Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Goler Place Inc tax-deductible?
Goler Place Inc is registered as a tax-exempt nonprofit (EIN: 202069681). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Goler Place Inc's spending goes to programs?
Goler Place Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Goler Place Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Goler Place Inc is above average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Goler Place Inc located?
Goler Place Inc is headquartered in Winstonsalem, North Carolina and files with the IRS under EIN 202069681. It is classified under NTEE code L21.
How many years of IRS 990 filings does Goler Place Inc have?
Goler Place Inc has 13 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 $532K in total revenue.
How does Goler Place Inc. plan to address its consistent operational deficits?
The organization has consistently spent more than it earns, with expenses exceeding revenue by approximately $150,000 annually in recent years (e.g., $689,052 expenses vs. $533,697 revenue in 2023). A strategy to balance the budget or increase revenue is crucial.
What is the detailed breakdown of program, administrative, and fundraising expenses?
Without a detailed breakdown, it's challenging to fully assess spending efficiency. The provided data only shows total expenses, not how they are allocated across different functions.
How does Goler Place Inc. sustain operations with declining assets?
Assets have decreased from $6.39 million in 2014 to $4.69 million in 2023. While still substantial, this trend indicates that the organization is drawing down its reserves to cover operational shortfalls.
Filing History
IRS 990 filing history for Goler Place Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Goler Place Inc's revenue has grown by 48.8%, moving from $359K to $534K. Total assets decreased by 33.1% over the same period, from $7.0M to $4.7M. Total functional expenses rose by 23.1%, from $560K to $689K. In its most recent filing year (2023), Goler Place Inc reported a deficit of $155K, with expenses exceeding revenue. The organization holds $281K in liabilities against $4.7M in assets (debt-to-asset ratio: 6.0%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $534K | $689K | $4.7M | $281K | — | — |
| 2022 | $540K | $667K | $4.8M | $256K | — | View 990 |
| 2021 | $520K | $709K | $5.0M | $257K | — | View 990 |
| 2020 | $509K | $712K | $5.2M | $288K | — | View 990 |
| 2019 | $490K | $712K | $5.4M | $294K | — | View 990 |
| 2018 | $478K | $679K | $5.6M | $270K | — | View 990 |
| 2017 | $452K | $679K | $5.8M | $258K | — | View 990 |
| 2016 | $449K | $648K | $6.0M | $241K | — | View 990 |
| 2015 | $435K | $641K | $6.2M | $248K | — | View 990 |
| 2014 | $431K | $642K | $6.4M | $249K | — | View 990 |
| 2013 | $399K | $570K | $6.6M | $256K | — | View 990 |
| 2012 | $359K | $611K | $6.8M | $261K | — | View 990 |
| 2011 | $359K | $560K | $7.0M | $241K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $534K, expenses of $689K, and assets of $4.7M (revenue -1.1% year-over-year).
- 2022: Revenue of $540K, expenses of $667K, and assets of $4.8M (revenue +3.9% year-over-year).
- 2021: Revenue of $520K, expenses of $709K, and assets of $5.0M (revenue +2.1% year-over-year).
- 2020: Revenue of $509K, expenses of $712K, and assets of $5.2M (revenue +3.9% year-over-year).
- 2019: Revenue of $490K, expenses of $712K, and assets of $5.4M (revenue +2.5% year-over-year).
- 2018: Revenue of $478K, expenses of $679K, and assets of $5.6M (revenue +5.9% year-over-year).
- 2017: Revenue of $452K, expenses of $679K, and assets of $5.8M (revenue +0.6% year-over-year).
- 2016: Revenue of $449K, expenses of $648K, and assets of $6.0M (revenue +3.2% year-over-year).
- 2015: Revenue of $435K, expenses of $641K, and assets of $6.2M (revenue +0.9% year-over-year).
- 2014: Revenue of $431K, expenses of $642K, and assets of $6.4M (revenue +7.9% year-over-year).
- 2013: Revenue of $399K, expenses of $570K, and assets of $6.6M (revenue +11.3% year-over-year).
- 2012: Revenue of $359K, expenses of $611K, and assets of $6.8M (revenue +0.0% year-over-year).
- 2011: Revenue of $359K, expenses of $560K, and assets of $7.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Goler Place Inc:
Data Sources and Methodology
This transparency report for Goler Place 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.