Goodwill Of North Georgia Inc
Goodwill Of North Georgia Inc consistently generates significant revenue and maintains substantial assets, demonstrating financial stability.
EIN: 208351046 · Decatur, GA · NTEE: J32 · Updated: 2026-03-28
Is Goodwill Of North Georgia Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Goodwill Of North Georgia Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Goodwill Of North Georgia Inc
Goodwill Of North Georgia Inc (EIN: 208351046) is a nonprofit organization based in Decatur, GA, classified under NTEE code J32. The organization reported total revenue of $206.2M and total assets of $330.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Goodwill Of North Georgia 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 Goodwill Of North Georgia Inc with a Mission Score of 85 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: 12%
- programs: 80%
- fundraising: 8%
According to IRS 990 filings, Goodwill Of North Georgia Inc allocates its expenses as follows: admin: 12%, programs: 80%, fundraising: 8%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The provided data consistently reports 'Officer Comp=0%' across all filing periods, which is unusual for an organization of this size with revenues exceeding $100 million. This suggests that executive compensation may be reported under different categories or is not included in the 'Officer Comp' field in this summary, warranting further investigation of the full 990 forms.
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 Goodwill Of North Georgia Inc's IRS 990 filings:
- Consistent 'Officer Comp=0%' reported for a large organization, requiring further investigation into executive compensation reporting.
Strengths
The following positive indicators were identified for Goodwill Of North Georgia Inc:
- Consistent revenue growth over the past decade, from $117M in 2014 to $179M in 2023.
- Strong and growing asset base, increasing from $148M in 2014 to $321M in 2023.
- Consistent operational surpluses, indicating effective financial management (e.g., $7.2M surplus in 2023).
- Resilient financial performance, recovering well from a revenue dip in 2020.
Frequently Asked Questions about Goodwill Of North Georgia Inc
Is Goodwill Of North Georgia Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Goodwill Of North Georgia Inc (EIN: 208351046) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Goodwill Of North Georgia Inc spend its money?
Goodwill Of North Georgia Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Goodwill Of North Georgia Inc tax-deductible?
Goodwill Of North Georgia Inc is registered as a tax-exempt nonprofit (EIN: 208351046). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Goodwill Of North Georgia Inc financially stable?
Yes, the organization demonstrates strong financial stability with consistent revenue growth from $117 million in 2014 to $179 million in 2023, and assets growing from $148 million to $321 million over the same period. It consistently operates with a surplus, for example, $7.2 million in 2023.
How has the organization's revenue changed over time?
Goodwill Of North Georgia Inc has shown significant revenue growth, increasing from $117,168,146 in 201406 to $179,565,122 in 202306, with a notable dip in 202006 likely due to the pandemic.
What is the trend in the organization's assets?
The organization's assets have steadily increased from $148,095,463 in 201406 to $321,510,920 in 202306, indicating strong asset accumulation and financial health.
Is the reported 'Officer Comp=0%' accurate for an organization of this size?
The consistent reporting of 'Officer Comp=0%' for an organization with over $100 million in revenue is highly unusual and suggests that executive compensation might be categorized differently or not captured in this specific data field. A deeper dive into the full IRS 990 filings would be necessary to understand the true executive compensation structure.
Filing History
IRS 990 filing history for Goodwill Of North Georgia Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Goodwill Of North Georgia Inc's revenue has grown by 113.2%, moving from $84.2M to $179.6M. Total assets increased by 326.1% over the same period, from $75.5M to $321.5M. Total functional expenses rose by 115.3%, from $80.0M to $172.3M. In its most recent filing year (2023), Goodwill Of North Georgia Inc reported a surplus of $7.3M, with revenue exceeding expenses. The organization holds $150.5M in liabilities against $321.5M in assets (debt-to-asset ratio: 46.8%), resulting in net assets of $171.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $179.6M | $172.3M | $321.5M | $150.5M | — | — |
| 2022 | $173.5M | $161.2M | $340.4M | $184.7M | — | View 990 |
| 2021 | $178.2M | $152.4M | $342.2M | $182.9M | — | — |
| 2020 | $133.0M | $149.8M | $211.6M | $100.5M | — | View 990 |
| 2019 | $152.9M | $148.4M | $212.3M | $82.1M | — | View 990 |
| 2018 | $145.7M | $140.9M | $201.4M | $75.5M | — | View 990 |
| 2017 | $148.2M | $134.7M | $197.0M | $79.1M | — | View 990 |
| 2016 | $138.7M | $129.0M | $182.1M | $80.3M | — | View 990 |
| 2015 | $137.5M | $120.1M | $172.9M | $74.9M | — | View 990 |
| 2014 | $117.2M | $102.8M | $148.1M | $65.4M | — | View 990 |
| 2013 | $116.8M | $99.3M | $113.4M | $54.6M | — | View 990 |
| 2012 | $102.7M | $90.2M | $87.5M | $46.2M | — | View 990 |
| 2011 | $84.2M | $80.0M | $75.5M | $43.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $179.6M, expenses of $172.3M, and assets of $321.5M (revenue +3.5% year-over-year).
- 2022: Revenue of $173.5M, expenses of $161.2M, and assets of $340.4M (revenue -2.6% year-over-year).
- 2021: Revenue of $178.2M, expenses of $152.4M, and assets of $342.2M (revenue +34.0% year-over-year).
- 2020: Revenue of $133.0M, expenses of $149.8M, and assets of $211.6M (revenue -13.0% year-over-year).
- 2019: Revenue of $152.9M, expenses of $148.4M, and assets of $212.3M (revenue +4.9% year-over-year).
- 2018: Revenue of $145.7M, expenses of $140.9M, and assets of $201.4M (revenue -1.6% year-over-year).
- 2017: Revenue of $148.2M, expenses of $134.7M, and assets of $197.0M (revenue +6.8% year-over-year).
- 2016: Revenue of $138.7M, expenses of $129.0M, and assets of $182.1M (revenue +0.8% year-over-year).
- 2015: Revenue of $137.5M, expenses of $120.1M, and assets of $172.9M (revenue +17.4% year-over-year).
- 2014: Revenue of $117.2M, expenses of $102.8M, and assets of $148.1M (revenue +0.3% year-over-year).
- 2013: Revenue of $116.8M, expenses of $99.3M, and assets of $113.4M (revenue +13.7% year-over-year).
- 2012: Revenue of $102.7M, expenses of $90.2M, and assets of $87.5M (revenue +22.0% year-over-year).
- 2011: Revenue of $84.2M, expenses of $80.0M, and assets of $75.5M.
Data Sources and Methodology
This transparency report for Goodwill Of North Georgia 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.