Good Nature Institute
Good Nature Institute faces severe financial challenges with consistent deficit spending and declining assets.
EIN: 201560832 · Newark, DE · NTEE: D05 · Updated: 2026-03-28
Is Good Nature Institute Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Good Nature Institute directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Good Nature Institute
Good Nature Institute (EIN: 201560832) is a nonprofit organization based in Newark, DE, classified under NTEE code D05. The organization reported total revenue of $1 and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Good Nature Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Good Nature Institute is a micro nonprofit that has been operating for 21 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -28.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $416 |
| Total Expenses | $28K |
| Surplus / Deficit | $-27,470 |
| Total Assets | $58K |
| Total Liabilities | $1 |
| Net Assets | $58K |
| Operating Margin | -6603.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 24.8 months |
Financial Health Grade: B
In 2022, Good Nature Institute reported a deficit of $27K with expenses exceeding revenue, holds 24.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), Good Nature Institute's revenue has declined at a compound annual growth rate (CAGR) of -28.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -75.4% | -47.1% | -31.3% |
| 2021 | +81.6% | +40.2% | -22.5% |
| 2020 | -90.7% | -16.8% | -39.8% |
| 2019 | -27.3% | +220.9% | -24.9% |
| 2015 | +177.4% | +4.4% | -5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Nature Institute with a Mission Score of 25 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 40%
- programs: 50%
- fundraising: 10%
According to IRS 990 filings, Good Nature Institute allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not receiving salaries, which could suggest a volunteer-led organization or a highly lean operational model.
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 Nature Institute's IRS 990 filings:
- Consistent and significant deficit spending over multiple years (e.g., 2022 revenue $416 vs. expenses $27,886).
- Sharp decline in total assets from $253,063 in 2014 to $29,487 currently.
- Latest reported revenue of $1, indicating potential operational dormancy or severe financial distress.
- High administrative spending ratio implied by large expenses relative to minimal revenue, even with 0% officer compensation.
Strengths
The following positive indicators were identified for Good Nature Institute:
- Consistent filing of IRS 990 forms, indicating a commitment to transparency.
- 0% officer compensation across all reported periods, suggesting a volunteer-driven leadership.
Frequently Asked Questions about Good Nature Institute
Is Good Nature Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Good Nature Institute (EIN: 201560832) significant concerns. Mission Score: 25/100. 4 red flags identified, 2 strengths noted.
How does Good Nature Institute spend its money?
Good Nature Institute directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Good Nature Institute tax-deductible?
Good Nature Institute is registered as a tax-exempt nonprofit (EIN: 201560832). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Good Nature Institute a good charity?
Based on the financial data, Good Nature Institute is struggling significantly. Its expenses consistently far outstrip its revenue, leading to a substantial decline in assets from $253,063 in 2014 to $29,487 currently. While officer compensation is 0%, indicating a volunteer effort, the organization's ability to sustain its mission given its financial trajectory is highly questionable.
What caused the significant decline in assets?
The decline in assets is directly attributable to the organization's consistent deficit spending. For example, in 2021, expenses were $52,695 against revenue of $1,691, and in 2022, expenses were $27,886 against revenue of $416. This pattern of spending far more than it earns has depleted its financial reserves over time.
What is the current operational status of the organization given $1 in latest revenue?
The latest reported revenue of $1 is extremely concerning and suggests that the organization may be largely inactive or on the verge of ceasing operations. It indicates a near-complete lack of incoming funds to support any significant programmatic or administrative activities.
Filing History
IRS 990 filing history for Good Nature Institute showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Good Nature Institute's revenue has declined by 97.4%, moving from $16K to $416. Total assets decreased by 69.3% over the same period, from $188K to $58K. Total functional expenses fell by 24.3%, from $37K to $28K. In its most recent filing year (2022), Good Nature Institute reported a deficit of $27K, with expenses exceeding revenue. The organization holds $1 in liabilities against $58K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $58K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $416 | $28K | $58K | $1 | — | View 990 |
| 2021 | $2K | $53K | $84K | $1 | — | — |
| 2020 | $931 | $38K | $108K | $1 | — | — |
| 2019 | $10K | $45K | $180K | $1 | — | — |
| 2015 | $14K | $14K | $240K | $1 | — | View 990 |
| 2014 | $5K | $13K | $253K | $1 | — | View 990 |
| 2013 | $52K | $10K | $230K | $1 | — | View 990 |
| 2012 | $7K | $14K | $173K | $1 | — | View 990 |
| 2011 | $16K | $37K | $188K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $416, expenses of $28K, and assets of $58K (revenue -75.4% year-over-year).
- 2021: Revenue of $2K, expenses of $53K, and assets of $84K (revenue +81.6% year-over-year).
- 2020: Revenue of $931, expenses of $38K, and assets of $108K (revenue -90.7% year-over-year).
- 2019: Revenue of $10K, expenses of $45K, and assets of $180K (revenue -27.3% year-over-year).
- 2015: Revenue of $14K, expenses of $14K, and assets of $240K (revenue +177.4% year-over-year).
- 2014: Revenue of $5K, expenses of $13K, and assets of $253K (revenue -90.3% year-over-year).
- 2013: Revenue of $52K, expenses of $10K, and assets of $230K (revenue +652.0% year-over-year).
- 2012: Revenue of $7K, expenses of $14K, and assets of $173K (revenue -56.5% year-over-year).
- 2011: Revenue of $16K, expenses of $37K, and assets of $188K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Good Nature Institute:
Data Sources and Methodology
This transparency report for Good Nature Institute 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.