Good In The Hood
Good In The Hood shows strong asset growth and no reported officer compensation over a decade of operations.
EIN: 10768296 · Minneapolis, MN · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $2.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.1M |
| Transparency Score | 92/100 |
Is Good In The Hood Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Good In The Hood directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Good In The Hood
Good In The Hood (EIN: 10768296) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code P20. The organization reported total revenue of $1.9M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Good In The Hood's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Good In The Hood is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 33.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$696K |
| Total Assets | $2.2M |
| Total Liabilities | $116K |
| Net Assets | $2.1M |
| Operating Margin | 25.8% |
| Debt-to-Asset Ratio | 5.3% |
| Months of Reserves | 13.2 months |
Financial Health Grade: A
In 2023, Good In The Hood reported a surplus of $696K with revenue exceeding expenses, holds 13.2 months of operating reserves (strong position), has a debt-to-asset ratio of 5.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Good In The Hood's revenue has grown at a compound annual growth rate (CAGR) of 33.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +56.8% | +13.5% | +55.8% |
| 2022 | -9.1% | -5.5% | -2.6% |
| 2021 | -41.2% | -27.5% | +6.7% |
| 2020 | +122.1% | +330.0% | +136.2% |
| 2019 | +147.6% | +15.5% | +28.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 In The Hood with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Good In The Hood allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $696K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.3%.
Executive Compensation Analysis
Good In The Hood has consistently reported 0% officer compensation across all 13 available IRS 990 filings, indicating that no salaries were paid to officers, which is highly unusual for an organization with revenues exceeding $2 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 In The Hood's IRS 990 filings:
- Unusually low liabilities relative to assets, which could indicate a very conservative financial approach or specific funding structures.
Strengths
The following positive indicators were identified for Good In The Hood:
- Consistent reporting of 0% officer compensation across all filings.
- Strong and consistent asset growth over a decade, from $149,797 to $2,199,445.
- Healthy revenue generation, with the latest period (202312) showing a surplus of over $696,000.
- Low liabilities relative to assets, indicating strong financial stability.
- Extensive filing history (13 filings) demonstrating long-term operational transparency.
Frequently Asked Questions about Good In The Hood
Is Good In The Hood a legitimate charity?
Based on AI analysis of IRS 990 filings, Good In The Hood (EIN: 10768296) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Good In The Hood spend its money?
Good In The Hood directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Good In The Hood tax-deductible?
Good In The Hood is registered as a tax-exempt nonprofit (EIN: 10768296). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Good In The Hood CEO make?
Good In The Hood's highest-compensated officer earns $2 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Good In The Hood's spending goes to programs?
Good In The Hood directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Good In The Hood compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Good In The Hood is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Good In The Hood located?
Good In The Hood is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 10768296. It is classified under NTEE code P20.
How many years of IRS 990 filings does Good In The Hood have?
Good In The Hood 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 $1.9M in total revenue.
Is Good In The Hood a good charity?
Based on the financial data, Good In The Hood appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to directing funds towards its mission by reporting 0% officer compensation for over a decade.
How has Good In The Hood's revenue trended?
Good In The Hood's revenue has shown significant growth and some fluctuation, increasing from $360,847 in 201412 to $2,695,289 in 202312, with a peak of $3,217,053 in 202012.
What is the organization's asset growth like?
The organization has experienced substantial asset growth, increasing from $149,797 in 201412 to $2,199,445 in 202312, indicating strong financial management and capacity building.
Are there any concerns about executive pay?
No, quite the opposite. Good In The Hood has reported 0% officer compensation in all available filings, which is a strong positive indicator of resource allocation directly to programs.
Filing History
IRS 990 filing history for Good In The Hood showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Good In The Hood's revenue has grown by 3184.2%, moving from $82K to $2.7M. Total assets increased by 6768.5% over the same period, from $32K to $2.2M. Total functional expenses rose by 2628.6%, from $73K to $2.0M. In its most recent filing year (2023), Good In The Hood reported a surplus of $696K, with revenue exceeding expenses. The organization holds $116K in liabilities against $2.2M in assets (debt-to-asset ratio: 5.3%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $2.0M | $2.2M | $116K | — | — |
| 2022 | $1.7M | $1.8M | $1.4M | $25K | — | — |
| 2021 | $1.9M | $1.9M | $1.5M | $21K | — | View 990 |
| 2020 | $3.2M | $2.6M | $1.4M | $47K | — | View 990 |
| 2019 | $1.4M | $598K | $575K | $6K | — | View 990 |
| 2018 | $585K | $518K | $448K | $5K | — | View 990 |
| 2017 | $615K | $569K | $381K | $5K | — | View 990 |
| 2016 | $611K | $503K | $339K | $9K | — | View 990 |
| 2015 | $703K | $627K | $235K | $12K | — | View 990 |
| 2014 | $361K | $289K | $150K | $3K | — | View 990 |
| 2013 | $208K | $194K | $81K | $6K | — | View 990 |
| 2012 | $99K | $79K | $60K | $0 | — | View 990 |
| 2011 | $82K | $73K | $32K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $2.0M, and assets of $2.2M (revenue +56.8% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.8M, and assets of $1.4M (revenue -9.1% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.9M, and assets of $1.5M (revenue -41.2% year-over-year).
- 2020: Revenue of $3.2M, expenses of $2.6M, and assets of $1.4M (revenue +122.1% year-over-year).
- 2019: Revenue of $1.4M, expenses of $598K, and assets of $575K (revenue +147.6% year-over-year).
- 2018: Revenue of $585K, expenses of $518K, and assets of $448K (revenue -4.8% year-over-year).
- 2017: Revenue of $615K, expenses of $569K, and assets of $381K (revenue +0.6% year-over-year).
- 2016: Revenue of $611K, expenses of $503K, and assets of $339K (revenue -13.0% year-over-year).
- 2015: Revenue of $703K, expenses of $627K, and assets of $235K (revenue +94.7% year-over-year).
- 2014: Revenue of $361K, expenses of $289K, and assets of $150K (revenue +73.7% year-over-year).
- 2013: Revenue of $208K, expenses of $194K, and assets of $81K (revenue +109.6% year-over-year).
- 2012: Revenue of $99K, expenses of $79K, and assets of $60K (revenue +20.8% year-over-year).
- 2011: Revenue of $82K, expenses of $73K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Good In The Hood:
Data Sources and Methodology
This transparency report for Good In The Hood 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.