Goolsby Elementary School Plt Inc
Goolsby Elementary School Plt Inc shows growing assets and no executive compensation, with fluctuating but generally positive financial performance.
EIN: 202646479 · Las Vegas, NV · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $37K |
| Program Spending | 90% |
| Net Assets | $140K |
| Transparency Score | 85/100 |
Is Goolsby Elementary School Plt Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Goolsby Elementary School Plt Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Goolsby Elementary School Plt Inc
Goolsby Elementary School Plt Inc (EIN: 202646479) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code B90. 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 Goolsby Elementary School Plt Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Goolsby Elementary School Plt Inc is a small nonprofit that has been operating for 20 years, with 8 years of IRS 990 filings on record (2013–2020). Revenue has grown at a compound annual rate of 18.1%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $116K |
| Total Expenses | $37K |
| Surplus / Deficit | +$79K |
| Total Assets | $140K |
| Net Assets | $140K |
| Operating Margin | 67.9% |
| Months of Reserves | 45.1 months |
Financial Health Grade: A
In 2020, Goolsby Elementary School Plt Inc reported a surplus of $79K with revenue exceeding expenses, holds 45.1 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2013–2020), Goolsby Elementary School Plt Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +12.9% | -63.7% | +128.2% |
| 2019 | +92.7% | +523.8% | +0.3% |
| 2018 | +194.5% | -48.8% | +151.5% |
| 2017 | -55.3% | -2.5% | -36.6% |
| 2016 | -37.6% | -35.4% | +24.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Goolsby Elementary School Plt 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Goolsby Elementary School Plt Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $79K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based and no funds are diverted to executive salaries, which is highly commendable for a nonprofit of this size.
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.
Strengths
The following positive indicators were identified for Goolsby Elementary School Plt Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- No reported liabilities across all filing periods, demonstrating strong financial stability.
- Significant growth in assets from $16,353 in 2013 to $140,080 in 2020, showing prudent financial management.
- Consistent filing of IRS Form 990s, indicating good transparency.
- Positive net income in most recent filing period (2020), with revenue of $115,938 exceeding expenses of $37,243.
Frequently Asked Questions about Goolsby Elementary School Plt Inc
Is Goolsby Elementary School Plt Inc a legitimate charity?
Goolsby Elementary School Plt Inc (EIN: 202646479) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 85/100. It has 8 years of IRS 990 filings on record. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Goolsby Elementary School Plt Inc spend its money?
Goolsby Elementary School Plt Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Goolsby Elementary School Plt Inc tax-deductible?
Goolsby Elementary School Plt Inc is registered as a tax-exempt nonprofit (EIN: 202646479). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Goolsby Elementary School Plt Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Goolsby Elementary School Plt Inc is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Goolsby Elementary School Plt Inc located?
Goolsby Elementary School Plt Inc is headquartered in Las Vegas, Nevada and files with the IRS under EIN 202646479. It is classified under NTEE code B90.
How many years of IRS 990 filings does Goolsby Elementary School Plt Inc have?
Goolsby Elementary School Plt Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Goolsby Elementary School Plt Inc a good charity?
Based on the available data, Goolsby Elementary School Plt Inc appears to be a well-managed organization. It consistently reports 0% officer compensation, has no liabilities, and has grown its assets significantly over time, from $16,353 in 2013 to $140,080 in 2020. These factors suggest strong financial health and a focus on its mission.
How does Goolsby Elementary School Plt Inc manage its expenses?
The organization's expenses have varied, but in the most recent period (2020), expenses were $37,243 against revenues of $115,938, indicating a significant surplus. Without a detailed breakdown of expenses, it's difficult to pinpoint exact efficiency, but the absence of officer compensation suggests a lean operational structure.
What is the trend in Goolsby Elementary School Plt Inc's assets?
Goolsby Elementary School Plt Inc has shown a strong upward trend in assets, growing from $16,353 in 2013 to $140,080 in 2020. This indicates effective financial management and the accumulation of reserves or resources for future activities.
Filing History
IRS 990 filing history for Goolsby Elementary School Plt Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2020), Goolsby Elementary School Plt Inc's revenue has grown by 219.9%, moving from $36K to $116K. Total assets increased by 756.6% over the same period, from $16K to $140K. Total functional expenses fell by 2%, from $38K to $37K. In its most recent filing year (2020), Goolsby Elementary School Plt Inc reported a surplus of $79K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $116K | $37K | $140K | $0 | — | View 990 |
| 2019 | $103K | $103K | $61K | $0 | — | View 990 |
| 2018 | $53K | $16K | $61K | $0 | — | View 990 |
| 2017 | $18K | $32K | $24K | $0 | — | View 990 |
| 2016 | $40K | $33K | $38K | $0 | — | View 990 |
| 2015 | $65K | $51K | $31K | $0 | — | View 990 |
| 2014 | $65K | $65K | $17K | $0 | — | View 990 |
| 2013 | $36K | $38K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $116K, expenses of $37K, and assets of $140K (revenue +12.9% year-over-year).
- 2019: Revenue of $103K, expenses of $103K, and assets of $61K (revenue +92.7% year-over-year).
- 2018: Revenue of $53K, expenses of $16K, and assets of $61K (revenue +194.5% year-over-year).
- 2017: Revenue of $18K, expenses of $32K, and assets of $24K (revenue -55.3% year-over-year).
- 2016: Revenue of $40K, expenses of $33K, and assets of $38K (revenue -37.6% year-over-year).
- 2015: Revenue of $65K, expenses of $51K, and assets of $31K (revenue +0.2% year-over-year).
- 2014: Revenue of $65K, expenses of $65K, and assets of $17K (revenue +78.6% year-over-year).
- 2013: Revenue of $36K, expenses of $38K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Goolsby Elementary School Plt Inc:
Data Sources and Methodology
This transparency report for Goolsby Elementary School Plt 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.