Good Grief Inc
Good Grief Inc. maintains stable finances and strong asset growth with no reported officer compensation.
EIN: 200514996 · Morristown, NJ · NTEE: F60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $2.4M |
| Transparency Score | 90/100 |
Is Good Grief Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Good Grief Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Good Grief Inc
Good Grief Inc (EIN: 200514996) is a nonprofit organization based in Morristown, NJ, classified under NTEE code F60. The organization reported total revenue of $1.8M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Good Grief Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Good Grief Inc is a mid-size 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 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-181,479 |
| Total Assets | $4.3M |
| Total Liabilities | $1.9M |
| Net Assets | $2.4M |
| Operating Margin | -10.7% |
| Debt-to-Asset Ratio | 44.1% |
| Months of Reserves | 27.5 months |
Financial Health Grade: B
In 2023, Good Grief Inc reported a deficit of $181K with expenses exceeding revenue, holds 27.5 months of operating reserves (strong position), has a debt-to-asset ratio of 44.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Good Grief Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.7% | +17.5% | -7.3% |
| 2022 | -21.5% | -3.3% | +23.6% |
| 2021 | +11.7% | +23.3% | +2.4% |
| 2020 | +8.5% | -6.5% | +12.6% |
| 2019 | +1.2% | +17.7% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Good Grief Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Good Grief Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $181K, with expenses exceeding revenue.
- Debt-to-asset ratio: 44.1%.
Executive Compensation Analysis
Good Grief Inc. consistently reports 0% officer compensation across all 13 available IRS 990 filings, indicating that executive leadership is either uncompensated or compensated through non-officer roles, which is highly unusual for an organization with annual revenues exceeding $1.5 million.
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 Good Grief Inc's IRS 990 filings:
- Significant increase in liabilities from $27,664 in 2014 to $1,907,909 in 2023, warranting further investigation into their nature.
- Expenses ($1,885,037) exceeded revenue ($1,703,558) in the 2023 fiscal period, resulting in a deficit.
Strengths
The following positive indicators were identified for Good Grief Inc:
- Consistent reporting of 0% officer compensation across all 13 filings, indicating strong resource allocation to programs.
- Substantial asset growth from $948,581 in 2014 to $4,322,208 in 2023, demonstrating financial health and stability.
- Long history of consistent IRS 990 filings (13 filings), indicating strong transparency.
- Consistent revenue generation, averaging over $1.5 million annually in recent years.
Frequently Asked Questions about Good Grief Inc
Is Good Grief Inc a legitimate charity?
Good Grief Inc (EIN: 200514996) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Good Grief Inc spend its money?
Good Grief Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Good Grief Inc tax-deductible?
Good Grief Inc is registered as a tax-exempt nonprofit (EIN: 200514996). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Good Grief Inc CEO make?
Good Grief Inc's highest-compensated officer earns $1.5 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Good Grief Inc's spending goes to programs?
Good Grief Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Good Grief Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Good Grief Inc is above average for NTEE category F60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Good Grief Inc located?
Good Grief Inc is headquartered in Morristown, New Jersey and files with the IRS under EIN 200514996. It is classified under NTEE code F60.
How many years of IRS 990 filings does Good Grief Inc have?
Good Grief 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 $1.8M in total revenue.
Is Good Grief Inc. financially stable?
Yes, Good Grief Inc. appears financially stable. While 2023 showed a deficit ($1,703,558 revenue vs. $1,885,037 expenses), this follows several years of surpluses, and assets have grown substantially from $948,581 in 2014 to $4,322,208 in 2023.
How does Good Grief Inc. manage executive compensation?
Good Grief Inc. consistently reports 0% officer compensation in all available IRS 990 filings, which is a highly positive indicator of resource allocation towards its mission.
Has Good Grief Inc. been growing?
Yes, the organization has shown significant growth. Annual revenue has increased from $957,371 in 2014 to $1,703,558 in 2023, and total assets have grown from $948,581 to $4,322,208 over the same period.
What is the trend in Good Grief Inc.'s liabilities?
Liabilities have increased over time, from $27,664 in 2014 to $1,907,909 in 2023. While this is a significant increase, it should be viewed in context of the substantial growth in assets.
Filing History
IRS 990 filing history for Good Grief Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Good Grief Inc's revenue has grown by 131.4%, moving from $736K to $1.7M. Total assets increased by 470.8% over the same period, from $757K to $4.3M. Total functional expenses rose by 178.9%, from $676K to $1.9M. In its most recent filing year (2023), Good Grief Inc reported a deficit of $181K, with expenses exceeding revenue. The organization holds $1.9M in liabilities against $4.3M in assets (debt-to-asset ratio: 44.1%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.9M | $4.3M | $1.9M | — | — |
| 2022 | $1.5M | $1.6M | $4.7M | $2.1M | — | — |
| 2021 | $1.9M | $1.7M | $3.8M | $1.0M | — | View 990 |
| 2020 | $1.7M | $1.3M | $3.7M | $1.2M | — | — |
| 2019 | $1.6M | $1.4M | $3.3M | $1.1M | — | View 990 |
| 2018 | $1.5M | $1.2M | $3.2M | $1.2M | — | View 990 |
| 2017 | $1.4M | $1.2M | $3.0M | $1.3M | — | View 990 |
| 2016 | $1.1M | $990K | $2.9M | $1.4M | — | View 990 |
| 2015 | $1.6M | $1.0M | $1.5M | $40K | — | View 990 |
| 2014 | $957K | $843K | $949K | $28K | — | View 990 |
| 2013 | $950K | $845K | $827K | $20K | — | View 990 |
| 2012 | $691K | $736K | $723K | $21K | — | View 990 |
| 2011 | $736K | $676K | $757K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.9M, and assets of $4.3M (revenue +14.7% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.6M, and assets of $4.7M (revenue -21.5% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.7M, and assets of $3.8M (revenue +11.7% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.3M, and assets of $3.7M (revenue +8.5% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.4M, and assets of $3.3M (revenue +1.2% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.2M, and assets of $3.2M (revenue +12.0% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.2M, and assets of $3.0M (revenue +29.9% year-over-year).
- 2016: Revenue of $1.1M, expenses of $990K, and assets of $2.9M (revenue -32.1% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.0M, and assets of $1.5M (revenue +63.1% year-over-year).
- 2014: Revenue of $957K, expenses of $843K, and assets of $949K (revenue +0.7% year-over-year).
- 2013: Revenue of $950K, expenses of $845K, and assets of $827K (revenue +37.6% year-over-year).
- 2012: Revenue of $691K, expenses of $736K, and assets of $723K (revenue -6.1% year-over-year).
- 2011: Revenue of $736K, expenses of $676K, and assets of $757K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Good Grief Inc:
Data Sources and Methodology
This transparency report for Good Grief 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.