Gomotion Worldwide Inc
EIN: 263661696 · Fayetteville, GA · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $283K |
| Total Expenses | $107K |
| Net Assets | $-12,709 |
Is Gomotion Worldwide Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gomotion Worldwide Inc
Gomotion Worldwide Inc (EIN: 263661696) is a nonprofit organization based in Fayetteville, GA, classified under NTEE code X99. The organization reported total revenue of $283K and total assets of $600 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gomotion Worldwide Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gomotion Worldwide Inc is a small nonprofit that has been operating for 17 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $111K |
| Total Expenses | $107K |
| Surplus / Deficit | +$4K |
| Total Assets | $4K |
| Total Liabilities | $17K |
| Net Assets | $-12,709 |
| Operating Margin | 3.4% |
| Debt-to-Asset Ratio | 407.9% |
| Months of Reserves | 0.5 months |
Financial Health Grade: B
In 2023, Gomotion Worldwide Inc reported a surplus of $4K with revenue exceeding expenses, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 407.9% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Gomotion Worldwide Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.2% | +39.7% | +364.8% |
| 2022 | +1119.4% | +72.9% | +552.9% |
| 2021 | -94.5% | -56.4% | -99.6% |
| 2020 | -43.3% | -39.7% | +35.5% |
| 2019 | +99.9% | +66.5% | +13497.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7100 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gomotion Worldwide 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 Gomotion Worldwide 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: 407.9%.
Frequently Asked Questions about Gomotion Worldwide Inc
Is Gomotion Worldwide Inc a legitimate charity?
Gomotion Worldwide Inc (EIN: 263661696) is a registered tax-exempt nonprofit based in Georgia. It has 7 years of IRS 990 filings on record. Total revenue: $283K. No red flags identified. Financial health grade: B.
How does Gomotion Worldwide Inc spend its money?
Gomotion Worldwide Inc reported $283K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gomotion Worldwide Inc tax-deductible?
Gomotion Worldwide Inc is registered as a tax-exempt nonprofit (EIN: 263661696). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gomotion Worldwide Inc located?
Gomotion Worldwide Inc is headquartered in Fayetteville, Georgia and files with the IRS under EIN 263661696. It is classified under NTEE code X99.
How many years of IRS 990 filings does Gomotion Worldwide Inc have?
Gomotion Worldwide Inc has 7 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 $283K in total revenue.
Filing History
IRS 990 filing history for Gomotion Worldwide Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Gomotion Worldwide Inc's revenue has grown by 99.8%, moving from $56K to $111K. Total assets decreased by 38.5% over the same period, from $7K to $4K. Total functional expenses rose by 106.6%, from $52K to $107K. In its most recent filing year (2023), Gomotion Worldwide Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $17K in liabilities against $4K in assets (debt-to-asset ratio: 407.9%), resulting in net assets of $-12,709.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $111K | $107K | $4K | $17K | — | — |
| 2022 | $73K | $77K | $888 | $17K | — | View 990 |
| 2021 | $6K | $44K | $136 | $12K | — | View 990 |
| 2020 | $107K | $102K | $31K | $4K | — | View 990 |
| 2019 | $190K | $169K | $23K | $2K | — | View 990 |
| 2018 | $95K | $101K | $167 | $0 | — | View 990 |
| 2017 | $56K | $52K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $111K, expenses of $107K, and assets of $4K (revenue +53.2% year-over-year).
- 2022: Revenue of $73K, expenses of $77K, and assets of $888 (revenue +1119.4% year-over-year).
- 2021: Revenue of $6K, expenses of $44K, and assets of $136 (revenue -94.5% year-over-year).
- 2020: Revenue of $107K, expenses of $102K, and assets of $31K (revenue -43.3% year-over-year).
- 2019: Revenue of $190K, expenses of $169K, and assets of $23K (revenue +99.9% year-over-year).
- 2018: Revenue of $95K, expenses of $101K, and assets of $167 (revenue +70.5% year-over-year).
- 2017: Revenue of $56K, expenses of $52K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gomotion Worldwide Inc:
Data Sources and Methodology
This transparency report for Gomotion Worldwide 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.