Good Ground Good Life Inc
EIN: 522298123 · Washington, DC · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $44K |
| Total Expenses | $55K |
| Net Assets | $1 |
Is Good Ground Good Life 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 Ground Good Life Inc
Good Ground Good Life Inc (EIN: 522298123) is a nonprofit organization based in Washington, DC, classified under NTEE code P30. The organization reported total revenue of $44K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Good Ground Good Life Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Good Ground Good Life Inc is a micro nonprofit that has been operating for 25 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $51K |
| Total Expenses | $55K |
| Surplus / Deficit | $-4,084 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | -8.1% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, Good Ground Good Life Inc reported a deficit of $4K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Good Ground Good Life Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +156.4% | +528.0% | +0.0% |
| 2022 | +160.6% | +20.2% | — |
| 2021 | -24.2% | -6.2% | — |
| 2020 | -70.6% | -30.3% | — |
| 2018 | +371.7% | -56.2% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Good Ground Good Life 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 Ground Good Life 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 deficit of $4K, with expenses exceeding revenue.
Frequently Asked Questions about Good Ground Good Life Inc
Is Good Ground Good Life Inc a legitimate charity?
Good Ground Good Life Inc (EIN: 522298123) is a registered tax-exempt nonprofit based in Washington DC. It has 12 years of IRS 990 filings on record. Total revenue: $44K. No red flags identified. Financial health grade: C.
How does Good Ground Good Life Inc spend its money?
Good Ground Good Life Inc reported $44K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Good Ground Good Life Inc tax-deductible?
Good Ground Good Life Inc is registered as a tax-exempt nonprofit (EIN: 522298123). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Good Ground Good Life Inc located?
Good Ground Good Life Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 522298123. It is classified under NTEE code P30.
How many years of IRS 990 filings does Good Ground Good Life Inc have?
Good Ground Good Life Inc has 12 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 $44K in total revenue.
Filing History
IRS 990 filing history for Good Ground Good Life Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Good Ground Good Life Inc's revenue has declined by 46.4%, moving from $95K to $51K. Total assets decreased by 99.8% over the same period, from $418 to $1. Total functional expenses fell by 47.2%, from $104K to $55K. In its most recent filing year (2023), Good Ground Good Life Inc reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $51K | $55K | $1 | $0 | — | — |
| 2022 | $20K | $9K | $1 | $0 | — | View 990 |
| 2021 | $8K | $7K | $0 | $0 | — | — |
| 2020 | $10K | $8K | $0 | $0 | — | — |
| 2018 | $34K | $11K | $0 | $0 | — | View 990 |
| 2017 | $7K | $25K | $-18,131 | $0 | — | View 990 |
| 2016 | $17K | $27K | $0 | $0 | — | View 990 |
| 2015 | $17K | $27K | $-62,225 | $0 | — | View 990 |
| 2014 | $78K | $128K | $-52,048 | $0 | — | View 990 |
| 2013 | $143K | $164K | $-1,890 | $0 | — | View 990 |
| 2012 | $150K | $119K | $20K | $0 | — | View 990 |
| 2011 | $95K | $104K | $418 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $51K, expenses of $55K, and assets of $1 (revenue +156.4% year-over-year).
- 2022: Revenue of $20K, expenses of $9K, and assets of $1 (revenue +160.6% year-over-year).
- 2021: Revenue of $8K, expenses of $7K, and assets of $0 (revenue -24.2% year-over-year).
- 2020: Revenue of $10K, expenses of $8K, and assets of $0 (revenue -70.6% year-over-year).
- 2018: Revenue of $34K, expenses of $11K, and assets of $0 (revenue +371.7% year-over-year).
- 2017: Revenue of $7K, expenses of $25K, and assets of $-18,131 (revenue -57.2% year-over-year).
- 2016: Revenue of $17K, expenses of $27K, and assets of $0 (revenue -2.0% year-over-year).
- 2015: Revenue of $17K, expenses of $27K, and assets of $-62,225 (revenue -77.9% year-over-year).
- 2014: Revenue of $78K, expenses of $128K, and assets of $-52,048 (revenue -45.6% year-over-year).
- 2013: Revenue of $143K, expenses of $164K, and assets of $-1,890 (revenue -5.1% year-over-year).
- 2012: Revenue of $150K, expenses of $119K, and assets of $20K (revenue +58.9% year-over-year).
- 2011: Revenue of $95K, expenses of $104K, and assets of $418.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Good Ground Good Life Inc:
Data Sources and Methodology
This transparency report for Good Ground Good Life 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.