Good Friend Inc
EIN: 260731915 · Wales, WI · NTEE: H84
Is Good Friend Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Good Friend Inc
Good Friend Inc (EIN: 260731915) is a nonprofit organization based in Wales, WI, classified under NTEE code H84. The organization reported total revenue of $119K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Good Friend Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Good Friend 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 Good Friend 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.
Frequently Asked Questions about Good Friend Inc
Is Good Friend Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Good Friend Inc (EIN: 260731915) insufficient data. 0 red flags identified, 0 strengths noted.
How does Good Friend Inc spend its money?
Detailed spending breakdown data is not yet available for Good Friend Inc. Check back for updated IRS 990 analysis.
Are donations to Good Friend Inc tax-deductible?
Good Friend Inc is registered as a tax-exempt nonprofit (EIN: 260731915). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Good Friend Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Good Friend Inc's revenue has grown by 473.4%, moving from $39K to $225K. Total assets increased by 309.5% over the same period, from $16K to $64K. Total functional expenses rose by 606.7%, from $35K to $245K. In its most recent filing year (2023), Good Friend Inc reported a deficit of $20K, with expenses exceeding revenue. The organization holds $32K in liabilities against $64K in assets (debt-to-asset ratio: 49.6%), resulting in net assets of $32K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $225K | $245K | $64K | $32K | — | — |
| 2022 | $102K | $99K | $84K | $32K | — | View 990 |
| 2022 | $166K | $163K | $78K | $30K | — | View 990 |
| 2021 | $150K | $157K | $77K | $31K | — | — |
| 2020 | $134K | $150K | $84K | $46K | — | — |
| 2019 | $147K | $143K | $51K | $1K | — | View 990 |
| 2018 | $59K | $65K | $28K | $3K | — | View 990 |
| 2017 | $41K | $44K | $25K | $25 | — | View 990 |
| 2016 | $59K | $59K | $28K | $528 | — | View 990 |
| 2015 | $66K | $57K | $28K | $702 | — | View 990 |
| 2014 | $61K | $60K | $19K | $50 | — | View 990 |
| 2013 | $39K | $36K | $19K | $913 | — | View 990 |
| 2012 | $39K | $35K | $16K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $225K, expenses of $245K, and assets of $64K (revenue +120.9% year-over-year).
- 2022: Revenue of $102K, expenses of $99K, and assets of $84K (revenue -38.6% year-over-year).
- 2022: Revenue of $166K, expenses of $163K, and assets of $78K (revenue +10.6% year-over-year).
- 2021: Revenue of $150K, expenses of $157K, and assets of $77K (revenue +11.8% year-over-year).
- 2020: Revenue of $134K, expenses of $150K, and assets of $84K (revenue -8.8% year-over-year).
- 2019: Revenue of $147K, expenses of $143K, and assets of $51K (revenue +150.0% year-over-year).
- 2018: Revenue of $59K, expenses of $65K, and assets of $28K (revenue +41.9% year-over-year).
- 2017: Revenue of $41K, expenses of $44K, and assets of $25K (revenue -29.7% year-over-year).
- 2016: Revenue of $59K, expenses of $59K, and assets of $28K (revenue -10.5% year-over-year).
- 2015: Revenue of $66K, expenses of $57K, and assets of $28K (revenue +7.5% year-over-year).
- 2014: Revenue of $61K, expenses of $60K, and assets of $19K (revenue +55.5% year-over-year).
- 2013: Revenue of $39K, expenses of $36K, and assets of $19K (revenue +0.3% year-over-year).
- 2012: Revenue of $39K, expenses of $35K, and assets of $16K.
Data Sources and Methodology
This transparency report for Good Friend 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.