Good Neighbors Inc
Good Neighbors Inc. consistently generated surpluses and maintained stable assets from 2012-2014 with no reported officer compensation.
EIN: 10364237 · Bridgton, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $3.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $639K |
| Transparency Score | 80/100 |
Is Good Neighbors Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Good Neighbors Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Good Neighbors Inc
Good Neighbors Inc (EIN: 10364237) is a nonprofit organization based in Bridgton, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Good Neighbors Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Good Neighbors Inc is a mid-size nonprofit, with 3 years of IRS 990 filings on record (2012–2014). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $3.4M |
| Surplus / Deficit | +$17K |
| Total Assets | $1.2M |
| Total Liabilities | $577K |
| Net Assets | $639K |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 47.4% |
| Months of Reserves | 4.3 months |
Financial Health Grade: A
In 2014, Good Neighbors Inc reported a surplus of $17K with revenue exceeding expenses, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 47.4% (moderate leverage).
Financial Trends
Over 3 years of filings (2012–2014), Good Neighbors Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +6.6% | +7.2% | -0.9% |
| 2013 | -8.9% | -9.1% | -2.5% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Good Neighbors Inc with a Mission Score of 80 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 Neighbors 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.4%.
Executive Compensation Analysis
The organization reported 0% officer compensation across all three years (2012-2014), which is highly unusual for an organization with annual revenues exceeding $3 million and suggests that executive leadership may be volunteer or compensated through non-officer roles.
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 Neighbors Inc's IRS 990 filings:
- 0% officer compensation reported for an organization with over $3M in revenue, which is highly unusual and warrants further investigation into compensation practices.
Strengths
The following positive indicators were identified for Good Neighbors Inc:
- Consistent financial surpluses, with revenues exceeding expenses in all reported years (e.g., $3,411,329 revenue vs. $3,394,101 expenses in 2014).
- Stable and healthy asset base, consistently over $1.2 million, indicating good financial reserves.
- Manageable liabilities relative to assets, suggesting strong solvency.
- Consistent revenue generation over $3 million annually, demonstrating a stable funding model.
Frequently Asked Questions about Good Neighbors Inc
Is Good Neighbors Inc a legitimate charity?
Good Neighbors Inc (EIN: 10364237) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 80/100. It has 3 years of IRS 990 filings on record. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Good Neighbors Inc spend its money?
Good Neighbors Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Good Neighbors Inc tax-deductible?
Good Neighbors Inc is registered as a tax-exempt nonprofit (EIN: 10364237). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Good Neighbors Inc CEO make?
Good Neighbors Inc's highest-compensated officer earns $3 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Good Neighbors Inc's spending goes to programs?
Good Neighbors Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Good Neighbors Inc located?
Good Neighbors Inc is headquartered in Bridgton, Maine and files with the IRS under EIN 10364237.
How many years of IRS 990 filings does Good Neighbors Inc have?
Good Neighbors Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Good Neighbors Inc. a good charity?
Based on the provided financial data, Good Neighbors Inc. appears to be a financially stable organization with consistent surpluses and a healthy asset base. However, without a detailed breakdown of program spending and clarification on executive compensation (reported as 0%), a definitive assessment of its 'goodness' as a charity is limited.
How does Good Neighbors Inc. manage its finances?
Good Neighbors Inc. demonstrates sound financial management, consistently generating more revenue than expenses. For example, in 2014, it had revenues of $3,411,329 against expenses of $3,394,101, resulting in a surplus. Its assets have also remained stable, exceeding $1.2 million annually, indicating good stewardship of resources.
What is the trend in Good Neighbors Inc.'s revenue and expenses?
From 2012 to 2014, Good Neighbors Inc. maintained consistent revenue levels, ranging from $3,201,477 to $3,514,604, with expenses closely tracking revenue, always resulting in a surplus. This indicates a stable operational model.
Why is officer compensation reported as 0%?
The IRS 990 data indicates 0% officer compensation for all three years. This is an unusual finding for an organization of this size and could mean that officers are volunteers, compensated through a related entity, or their compensation is categorized differently within the full 990 form. Further investigation into the full filings would be necessary to understand this.
Filing History
IRS 990 filing history for Good Neighbors Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2012–2014), Good Neighbors Inc's revenue has declined by 2.9%, moving from $3.5M to $3.4M. Total assets decreased by 3.3% over the same period, from $1.3M to $1.2M. Total functional expenses fell by 2.5%, from $3.5M to $3.4M. In its most recent filing year (2014), Good Neighbors Inc reported a surplus of $17K, with revenue exceeding expenses. The organization holds $577K in liabilities against $1.2M in assets (debt-to-asset ratio: 47.4%), resulting in net assets of $639K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $3.4M | $3.4M | $1.2M | $577K | — | View 990 |
| 2013 | $3.2M | $3.2M | $1.2M | $605K | — | View 990 |
| 2012 | $3.5M | $3.5M | $1.3M | $672K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $3.4M, expenses of $3.4M, and assets of $1.2M (revenue +6.6% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.2M, and assets of $1.2M (revenue -8.9% year-over-year).
- 2012: Revenue of $3.5M, expenses of $3.5M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Good Neighbors Inc:
Data Sources and Methodology
This transparency report for Good Neighbors 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.