Goshen Players Inc
Goshen Players Inc: Stable Community Theater with Modest Reserves
EIN: 222775679 · Goshen, CT · Updated: 2026-04-04
Is Goshen Players Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Goshen Players Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Goshen Players Inc
Goshen Players Inc (EIN: 222775679) is a nonprofit organization based in Goshen, CT. The organization reported total revenue of $110K and total assets of $344K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Goshen Players Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Goshen Players Inc is a small nonprofit that has been operating for 6 years, with 6 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $129K |
| Total Expenses | $110K |
| Surplus / Deficit | +$19K |
| Total Assets | $301K |
| Total Liabilities | $2K |
| Net Assets | $299K |
| Operating Margin | 14.4% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 32.7 months |
Financial Health Grade: A
In 2023, Goshen Players Inc reported a surplus of $19K with revenue exceeding expenses, holds 32.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 6 years of filings (2012–2023), Goshen Players Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.1% | +7.6% | +4.1% |
| 2022 | +85.6% | +21.7% | +32.8% |
| 2021 | -3.2% | -14.3% | +2.1% |
| 2020 | -34.4% | -9.8% | -2.7% |
| 2019 | +117.5% | +80.4% | +245.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
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 Goshen Players Inc with a Mission Score of 75 out of 100 (Good). 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, Goshen Players 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or very low-cost leadership structure.
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 Goshen Players Inc:
- Long-standing community presence since at least 2012, demonstrating sustained engagement.
- Consistent revenue generation, with total revenue of $109,731 in 2023.
- Healthy asset base of $344,387 in 2023, providing financial stability.
- Low liabilities, with only $2,407 reported in 2023, indicating strong financial management.
Frequently Asked Questions about Goshen Players Inc
Is Goshen Players Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Goshen Players Inc (EIN: 222775679) appears legitimate. Mission Score: 75/100. 0 red flags identified, 4 strengths noted.
How does Goshen Players Inc spend its money?
Goshen Players Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Goshen Players Inc tax-deductible?
Goshen Players Inc is registered as a tax-exempt nonprofit (EIN: 222775679). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Goshen Players Inc do?
Goshen Players Inc is a nonprofit organization in the Unknown sector, located in Goshen, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Goshen Players Inc have?
Goshen Players Inc reported total revenue of $109,731. Based on 6 IRS 990 filings on record.
What are Goshen Players Inc's total assets?
Goshen Players Inc holds total assets of $344,387 as reported in IRS 990 filings.
Where is Goshen Players Inc located?
Goshen Players Inc is based in Goshen, Connecticut.
What is Goshen Players Inc's EIN?
Goshen Players Inc's Employer Identification Number (EIN) is 222775679. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Goshen Players Inc?
Goshen Players Inc is classified under NTEE code Unknown (Unknown).
Is Goshen Players Inc a registered 501(c)(3)?
Goshen Players Inc appears in IRS records (EIN: 222775679). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Goshen Players Inc file IRS Form 990?
Yes, Goshen Players Inc has 6 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Goshen Players Inc's revenue in 2023?
In the 202306 filing period, Goshen Players Inc reported total revenue of $128,907, total expenses of $110,313, and net assets of $301,051.
Is Goshen Players Inc's revenue growing or declining?
Goshen Players Inc's revenue is declining. Revenue went from $165,381 (202206) to $128,907 (202306), a -22.1% change. Based on 6 filings on record.
What is Goshen Players Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Goshen Players Inc covers tax period 202306. It shows revenue of $128,907, expenses of $110,313, total assets of $301,051, and liabilities of $2,407.
How much does Goshen Players Inc spend on programs vs administration?
Based on IRS 990 analysis, Goshen Players Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Goshen Players Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Goshen Players Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Goshen Players Inc's strengths?
Positive indicators for Goshen Players Inc include: Long-standing community presence since at least 2012, demonstrating sustained engagement.. Consistent revenue generation, with total revenue of $109,731 in 2023.. Healthy asset base of $344,387 in 2023, providing financial stability.. Low liabilities, with only $2,407 reported in 2023, indicating strong financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Goshen Players Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or very low-cost leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Goshen Players Inc. manage to operate with $0 reported executive compensation?
The consistent reporting of $0 for executive compensation suggests that Goshen Players Inc. is primarily run by volunteers, or that any paid positions fall below the reporting threshold for key employees, which is common for smaller community-based non-profits.
What is the trend in Goshen Players Inc.'s financial health over the past five years?
Over the past five years (2019-2023), Goshen Players Inc. has shown fluctuating but generally stable revenue, ranging from $89,093 to $140,212. Assets have steadily grown from $219,165 in 2019 to $344,387 in 2023, while liabilities have remained very low, indicating a healthy and growing financial position.
Filing History
IRS 990 filing history for Goshen Players Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2023), Goshen Players Inc's revenue has grown by 100%, moving from $64K to $129K. Total assets increased by 374.5% over the same period, from $63K to $301K. Total functional expenses rose by 82.4%, from $60K to $110K. In its most recent filing year (2023), Goshen Players Inc reported a surplus of $19K, with revenue exceeding expenses. The organization holds $2K in liabilities against $301K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $299K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $129K | $110K | $301K | $2K | — | — |
| 2022 | $165K | $103K | $289K | $9K | — | View 990 |
| 2021 | $89K | $84K | $218K | $552 | — | View 990 |
| 2020 | $92K | $98K | $213K | $811 | — | View 990 |
| 2019 | $140K | $109K | $219K | $420 | — | View 990 |
| 2012 | $64K | $60K | $63K | $2K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $129K, expenses of $110K, and assets of $301K (revenue -22.1% year-over-year).
- 2022: Revenue of $165K, expenses of $103K, and assets of $289K (revenue +85.6% year-over-year).
- 2021: Revenue of $89K, expenses of $84K, and assets of $218K (revenue -3.2% year-over-year).
- 2020: Revenue of $92K, expenses of $98K, and assets of $213K (revenue -34.4% year-over-year).
- 2019: Revenue of $140K, expenses of $109K, and assets of $219K (revenue +117.5% year-over-year).
- 2012: Revenue of $64K, expenses of $60K, and assets of $63K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Goshen Players Inc:
Data Sources and Methodology
This transparency report for Goshen Players 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.