Good Sower Foundation Inc
EIN: 453118916 · Laurel, MD · NTEE: S50
| Metric | Value |
|---|---|
| Total Revenue | $770K |
| Total Expenses | $98K |
| Net Assets | $2.5M |
Is Good Sower Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Good Sower Foundation Inc
Good Sower Foundation Inc (EIN: 453118916) is a nonprofit organization based in Laurel, MD, classified under NTEE code S50. The organization reported total revenue of $770K and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Good Sower Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Good Sower Foundation Inc is a small nonprofit that has been operating for 14 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 95.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $612K |
| Total Expenses | $98K |
| Surplus / Deficit | +$514K |
| Total Assets | $2.5M |
| Total Liabilities | $1 |
| Net Assets | $2.5M |
| Operating Margin | 84.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 306.1 months |
Financial Health Grade: A
In 2023, Good Sower Foundation Inc reported a surplus of $514K with revenue exceeding expenses, holds 306.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Good Sower Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 95.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.2% | -16.6% | +27.3% |
| 2022 | -16.6% | -34.5% | +18.0% |
| 2021 | +20.2% | -31.3% | +24.1% |
| 2020 | -13.5% | -5.6% | +14.1% |
| 2019 | +54.4% | +16.2% | +32.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Good Sower Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Good Sower Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $514K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Good Sower Foundation Inc
Is Good Sower Foundation Inc a legitimate charity?
Good Sower Foundation Inc (EIN: 453118916) is a registered tax-exempt nonprofit based in Maryland. It has 11 years of IRS 990 filings on record. Total revenue: $770K. No red flags identified. Financial health grade: A.
How does Good Sower Foundation Inc spend its money?
Good Sower Foundation Inc reported $770K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Good Sower Foundation Inc tax-deductible?
Good Sower Foundation Inc is registered as a tax-exempt nonprofit (EIN: 453118916). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Good Sower Foundation Inc located?
Good Sower Foundation Inc is headquartered in Laurel, Maryland and files with the IRS under EIN 453118916. It is classified under NTEE code S50.
How many years of IRS 990 filings does Good Sower Foundation Inc have?
Good Sower Foundation Inc has 11 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 $770K in total revenue.
Filing History
IRS 990 filing history for Good Sower Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Good Sower Foundation Inc's revenue has grown by 305733.5%, moving from $200 to $612K. Total assets increased by 1659020% over the same period, from $150 to $2.5M. Total functional expenses rose by 195008%, from $50 to $98K. In its most recent filing year (2023), Good Sower Foundation Inc reported a surplus of $514K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $612K | $98K | $2.5M | $1 | — | — |
| 2022 | $416K | $117K | $2.0M | $1 | — | View 990 |
| 2021 | $498K | $179K | $1.7M | $1K | — | — |
| 2020 | $414K | $260K | $1.3M | $1 | — | — |
| 2019 | $479K | $276K | $1.2M | $1 | — | View 990 |
| 2016 | $310K | $237K | $884K | $428 | — | View 990 |
| 2015 | $350K | $238K | $816K | $5K | — | View 990 |
| 2014 | $450K | $256K | $700K | $626 | — | View 990 |
| 2013 | $200K | $136K | $506K | $430 | — | View 990 |
| 2012 | $490K | $43K | $447K | $0 | — | View 990 |
| 2011 | $200 | $50 | $150 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $612K, expenses of $98K, and assets of $2.5M (revenue +47.2% year-over-year).
- 2022: Revenue of $416K, expenses of $117K, and assets of $2.0M (revenue -16.6% year-over-year).
- 2021: Revenue of $498K, expenses of $179K, and assets of $1.7M (revenue +20.2% year-over-year).
- 2020: Revenue of $414K, expenses of $260K, and assets of $1.3M (revenue -13.5% year-over-year).
- 2019: Revenue of $479K, expenses of $276K, and assets of $1.2M (revenue +54.4% year-over-year).
- 2016: Revenue of $310K, expenses of $237K, and assets of $884K (revenue -11.4% year-over-year).
- 2015: Revenue of $350K, expenses of $238K, and assets of $816K (revenue -22.2% year-over-year).
- 2014: Revenue of $450K, expenses of $256K, and assets of $700K (revenue +124.8% year-over-year).
- 2013: Revenue of $200K, expenses of $136K, and assets of $506K (revenue -59.2% year-over-year).
- 2012: Revenue of $490K, expenses of $43K, and assets of $447K (revenue +245037.5% year-over-year).
- 2011: Revenue of $200, expenses of $50, and assets of $150.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Good Sower Foundation Inc:
Data Sources and Methodology
This transparency report for Good Sower Foundation 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.