Good Neighbors Inc
Good Neighbors Inc shows strong asset growth and no executive compensation, despite recent operational deficits.
EIN: 113839742 · Kennett Sq, PA · NTEE: P20 · Updated: 2026-03-28
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: 113839742) is a nonprofit organization based in Kennett Sq, PA, classified under NTEE code P20. The organization reported total revenue of $2.0M and total assets of $1.2M 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.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Good Neighbors Inc with a Mission Score of 90 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.
Executive Compensation Analysis
Good Neighbors Inc reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for an organization of its size with over $2 million in latest revenue.
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:
- Recent operational deficits in 2023 and 2022 where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Good Neighbors Inc:
- Consistent revenue growth over the past decade, from $419,620 in 2014 to $2,020,558 currently.
- Significant asset growth, from $260,654 in 2014 to $1,168,483 currently.
- 0% officer compensation reported across all available filings, indicating high efficiency and dedication to mission.
- Consistent IRS 990 filing history (13 filings), demonstrating strong transparency and compliance.
Frequently Asked Questions about Good Neighbors Inc
Is Good Neighbors Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Good Neighbors Inc (EIN: 113839742) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Good Neighbors Inc spend its money?
Good Neighbors Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Good Neighbors Inc tax-deductible?
Good Neighbors Inc is registered as a tax-exempt nonprofit (EIN: 113839742). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Good Neighbors Inc a good charity?
Based on the available financial data, Good Neighbors Inc appears to be a good charity. It demonstrates strong asset growth, consistent revenue increases over the long term, and a notable commitment to its mission by reporting 0% officer compensation across all filings.
What caused the recent operational deficits in 2023 and 2022?
The provided data shows that in 202312, expenses ($1,147,827) exceeded revenue ($1,109,414), and similarly in 202212, expenses ($948,207) slightly exceeded revenue ($943,984). The specific causes are not detailed in the summary data, but could be due to increased program costs, one-time investments, or temporary dips in donations.
How does Good Neighbors Inc manage to operate without officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be entirely volunteer-based, compensated through other means not classified as officer compensation, or that the organization has a unique operational structure that minimizes or eliminates traditional executive salaries.
Filing History
IRS 990 filing history for Good Neighbors Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Good Neighbors Inc's revenue has grown by 313.8%, moving from $268K to $1.1M. Total assets increased by 805.7% over the same period, from $106K to $956K. Total functional expenses rose by 382.6%, from $238K to $1.1M. In its most recent filing year (2023), Good Neighbors Inc reported a deficit of $38K, with expenses exceeding revenue. The organization holds $437K in liabilities against $956K in assets (debt-to-asset ratio: 45.7%), resulting in net assets of $519K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $956K | $437K | — | — |
| 2022 | $944K | $948K | $599K | $42K | — | View 990 |
| 2021 | $949K | $783K | $570K | $9K | — | View 990 |
| 2020 | $756K | $622K | $397K | $1K | — | — |
| 2019 | $644K | $693K | $267K | $5K | — | View 990 |
| 2018 | $530K | $666K | $316K | $4K | — | View 990 |
| 2017 | $601K | $484K | $447K | $0 | — | View 990 |
| 2016 | $465K | $479K | $330K | $200 | — | View 990 |
| 2015 | $488K | $400K | $350K | $6K | — | View 990 |
| 2014 | $420K | $401K | $261K | $5K | — | View 990 |
| 2013 | $391K | $323K | $242K | $5K | — | View 990 |
| 2012 | $336K | $267K | $172K | $3K | — | View 990 |
| 2011 | $268K | $238K | $106K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $956K (revenue +17.5% year-over-year).
- 2022: Revenue of $944K, expenses of $948K, and assets of $599K (revenue -0.5% year-over-year).
- 2021: Revenue of $949K, expenses of $783K, and assets of $570K (revenue +25.6% year-over-year).
- 2020: Revenue of $756K, expenses of $622K, and assets of $397K (revenue +17.4% year-over-year).
- 2019: Revenue of $644K, expenses of $693K, and assets of $267K (revenue +21.5% year-over-year).
- 2018: Revenue of $530K, expenses of $666K, and assets of $316K (revenue -11.9% year-over-year).
- 2017: Revenue of $601K, expenses of $484K, and assets of $447K (revenue +29.4% year-over-year).
- 2016: Revenue of $465K, expenses of $479K, and assets of $330K (revenue -4.8% year-over-year).
- 2015: Revenue of $488K, expenses of $400K, and assets of $350K (revenue +16.3% year-over-year).
- 2014: Revenue of $420K, expenses of $401K, and assets of $261K (revenue +7.4% year-over-year).
- 2013: Revenue of $391K, expenses of $323K, and assets of $242K (revenue +16.1% year-over-year).
- 2012: Revenue of $336K, expenses of $267K, and assets of $172K (revenue +25.5% year-over-year).
- 2011: Revenue of $268K, expenses of $238K, and assets of $106K.
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.