Good Neighbor Fund Inc
Good Neighbor Fund Inc. consistently operates with zero liabilities but has experienced net losses in recent years, drawing down assets.
EIN: 203181516 · Wichita, KS · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.6 |
| Net Assets | $573K |
| Transparency Score | 75/100 |
Is Good Neighbor Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Good Neighbor Fund Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Good Neighbor Fund Inc
Good Neighbor Fund Inc (EIN: 203181516) is a nonprofit organization based in Wichita, KS, classified under NTEE code P20. The organization reported total revenue of $1.6M and total assets of $568K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Good Neighbor Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Good Neighbor Fund 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 -2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-147,966 |
| Total Assets | $573K |
| Net Assets | $573K |
| Operating Margin | -9.0% |
| Months of Reserves | 3.9 months |
Financial Health Grade: B
In 2023, Good Neighbor Fund Inc reported a deficit of $148K with expenses exceeding revenue, holds 3.9 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Good Neighbor Fund Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.5% | +0.4% | -20.5% |
| 2022 | -1.8% | +0.5% | -17.0% |
| 2021 | -9.3% | +17.9% | -7.9% |
| 2020 | -20.7% | -36.0% | +53.7% |
| 2019 | +1.0% | +4.9% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Neighbor Fund Inc with a Mission Score of 75 out of 100 (Good). 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 Neighbor Fund 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 $148K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly unusual for an organization with over $1.6 million in annual revenue and suggests a volunteer-driven leadership 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 Neighbor Fund Inc's IRS 990 filings:
- Consistent net losses in recent years (2021-2023), with expenses exceeding revenue.
- Declining asset base from $943,683 in 2020 to $573,401 in 2023 due to net losses.
- Significant drop in revenue from a peak of $2,308,168 in 2019 to $1,638,769 in 2023.
Strengths
The following positive indicators were identified for Good Neighbor Fund Inc:
- Zero reported liabilities across all filings, indicating strong debt management.
- Consistent reporting of 0% officer compensation, suggesting a high dedication of resources to mission.
- Long history of IRS 990 filings (13 filings), indicating consistent operation and transparency.
Frequently Asked Questions about Good Neighbor Fund Inc
Is Good Neighbor Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Good Neighbor Fund Inc (EIN: 203181516) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Good Neighbor Fund Inc spend its money?
Good Neighbor Fund Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Good Neighbor Fund Inc tax-deductible?
Good Neighbor Fund Inc is registered as a tax-exempt nonprofit (EIN: 203181516). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Good Neighbor Fund Inc CEO make?
Good Neighbor Fund Inc's highest-compensated officer earns $1.6 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Good Neighbor Fund Inc's spending goes to programs?
Good Neighbor Fund Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Good Neighbor Fund Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Good Neighbor Fund Inc 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 Neighbor Fund Inc located?
Good Neighbor Fund Inc is headquartered in Wichita, Kansas and files with the IRS under EIN 203181516. It is classified under NTEE code P20.
How many years of IRS 990 filings does Good Neighbor Fund Inc have?
Good Neighbor Fund 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 $1.6M in total revenue.
Is Good Neighbor Fund Inc. financially sustainable given recent net losses?
The organization has reported expenses exceeding revenue in the last three fiscal periods (2021-2023), leading to a reduction in assets from $943,683 in 2020 to $573,401 in 2023. This trend, if continued, raises concerns about long-term financial sustainability.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests a volunteer-led executive team or that compensation is structured in a way not reported as 'officer compensation' on the 990. This is a significant factor in their operational model.
What is the cause of the decline in revenue from 2019 to 2023?
Revenue peaked at $2,308,168 in 2019 and has steadily declined to $1,638,769 in 2023. The filings do not specify the reasons for this decline, but it warrants further investigation into funding sources and economic factors.
Filing History
IRS 990 filing history for Good Neighbor Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Good Neighbor Fund Inc's revenue has declined by 24.5%, moving from $2.2M to $1.6M. Total assets increased by 74.3% over the same period, from $329K to $573K. Total functional expenses fell by 20.4%, from $2.2M to $1.8M. In its most recent filing year (2023), Good Neighbor Fund Inc reported a deficit of $148K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.8M | $573K | $0 | — | — |
| 2022 | $1.6M | $1.8M | $721K | $0 | — | View 990 |
| 2021 | $1.7M | $1.8M | $869K | $0 | — | View 990 |
| 2020 | $1.8M | $1.5M | $944K | $0 | — | View 990 |
| 2019 | $2.3M | $2.3M | $614K | $0 | — | View 990 |
| 2018 | $2.3M | $2.2M | $651K | $0 | — | View 990 |
| 2017 | $2.1M | $2.2M | $601K | $0 | — | View 990 |
| 2016 | $2.2M | $2.2M | $626K | $0 | — | View 990 |
| 2015 | $2.1M | $2.1M | $629K | $0 | — | View 990 |
| 2014 | $2.2M | $2.3M | $646K | $0 | — | View 990 |
| 2013 | $2.3M | $1.9M | $718K | $0 | — | View 990 |
| 2012 | $2.7M | $2.7M | $379K | $0 | — | View 990 |
| 2011 | $2.2M | $2.2M | $329K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.8M, and assets of $573K (revenue +0.5% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.8M, and assets of $721K (revenue -1.8% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.8M, and assets of $869K (revenue -9.3% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.5M, and assets of $944K (revenue -20.7% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.3M, and assets of $614K (revenue +1.0% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.2M, and assets of $651K (revenue +7.0% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.2M, and assets of $601K (revenue -2.9% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.2M, and assets of $626K (revenue +5.2% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.1M, and assets of $629K (revenue -3.5% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.3M, and assets of $646K (revenue -4.7% year-over-year).
- 2013: Revenue of $2.3M, expenses of $1.9M, and assets of $718K (revenue -17.1% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.7M, and assets of $379K (revenue +26.2% year-over-year).
- 2011: Revenue of $2.2M, expenses of $2.2M, and assets of $329K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Good Neighbor Fund Inc:
Data Sources and Methodology
This transparency report for Good Neighbor Fund 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.