The Chapel Of The Good Shepard Foundation Inc
The Chapel Of The Good Shepard Foundation Inc shows recent financial growth and no reported officer compensation.
EIN: 204548929 · Beverly, MA · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $300K |
| Total Expenses | $194K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $250,000. |
| Net Assets | $114K |
| Transparency Score | 85/100 |
Is The Chapel Of The Good Shepard Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Chapel Of The Good Shepard Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Chapel Of The Good Shepard Foundation Inc
The Chapel Of The Good Shepard Foundation Inc (EIN: 204548929) is a nonprofit organization based in Beverly, MA, classified under NTEE code X21. The organization reported total revenue of $300K and total assets of $417K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Chapel Of The Good Shepard Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Chapel Of The Good Shepard Foundation Inc is a small nonprofit that has been operating for 9 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $250K |
| Total Expenses | $194K |
| Surplus / Deficit | +$56K |
| Total Assets | $311K |
| Total Liabilities | $197K |
| Net Assets | $114K |
| Operating Margin | 22.6% |
| Debt-to-Asset Ratio | 63.2% |
| Months of Reserves | 19.3 months |
Financial Health Grade: A
In 2024, The Chapel Of The Good Shepard Foundation Inc reported a surplus of $56K with revenue exceeding expenses, holds 19.3 months of operating reserves (strong position), has a debt-to-asset ratio of 63.2% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), The Chapel Of The Good Shepard Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +42.9% | +32.7% | +409.0% |
| 2023 | +16.7% | -8.6% | +99.2% |
| 2022 | +11.1% | +9.7% | -26.7% |
| 2021 | +8.0% | +50.6% | -20.0% |
| 2020 | +25.0% | +21.5% | +118.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
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 The Chapel Of The Good Shepard Foundation 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: 85%
- fundraising: 5%
According to IRS 990 filings, The Chapel Of The Good Shepard Foundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $56K, with revenue exceeding expenses.
- Debt-to-asset ratio: 63.2%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that officers are either unpaid volunteers or compensated through other means not categorized as officer compensation, which is highly favorable for an organization of its size with latest revenue of $250,000.
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 The Chapel Of The Good Shepard Foundation Inc's IRS 990 filings:
- Significant increase in liabilities in 2024 ($196,707) compared to previous years, warranting further investigation.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data limits granular spending efficiency analysis.
Strengths
The following positive indicators were identified for The Chapel Of The Good Shepard Foundation Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds.
- Strong revenue growth in recent years, from $100,000 in 2019 to $250,000 in 2024.
- Healthy financial surplus in recent periods (e.g., $250,000 revenue vs. $193,549 expenses in 2024).
- Significant asset growth, from $23,966 in 2019 to $311,069 in 2024.
- Robust filing history with 14 IRS 990 filings, demonstrating compliance and transparency.
Frequently Asked Questions about The Chapel Of The Good Shepard Foundation Inc
Is The Chapel Of The Good Shepard Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Chapel Of The Good Shepard Foundation Inc (EIN: 204548929) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does The Chapel Of The Good Shepard Foundation Inc spend its money?
The Chapel Of The Good Shepard Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Chapel Of The Good Shepard Foundation Inc tax-deductible?
The Chapel Of The Good Shepard Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204548929). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Chapel Of The Good Shepard Foundation Inc CEO make?
The Chapel Of The Good Shepard Foundation Inc's highest-compensated officer earns $250,000. annually. The organization reported $300K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Chapel Of The Good Shepard Foundation Inc's spending goes to programs?
The Chapel Of The Good Shepard Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Chapel Of The Good Shepard Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Chapel Of The Good Shepard Foundation Inc is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Chapel Of The Good Shepard Foundation Inc located?
The Chapel Of The Good Shepard Foundation Inc is headquartered in Beverly, Massachusetts and files with the IRS under EIN 204548929. It is classified under NTEE code X21.
How many years of IRS 990 filings does The Chapel Of The Good Shepard Foundation Inc have?
The Chapel Of The Good Shepard Foundation Inc has 14 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 $300K in total revenue.
Is The Chapel Of The Good Shepard Foundation Inc a good charity?
Based on the available data, the organization appears to be a good charity. It has demonstrated consistent financial growth in recent years, maintains a healthy surplus (e.g., $250,000 revenue vs. $193,549 expenses in 2024), and reports 0% officer compensation, suggesting a strong commitment to directing funds towards its mission rather than executive pay.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved since 2017, when it reported $0 revenue and $87,184 in expenses. Revenue has steadily increased from $100,000 in 2019 to $250,000 in 2024, and assets have grown substantially from $23,966 in 2019 to $311,069 in 2024, indicating a positive and stable financial trajectory.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating a highly lean or volunteer-driven executive structure. This suggests that funds are not being used for executive salaries, which is a positive sign for donors.
Are there any concerns about the organization's liabilities?
Liabilities have fluctuated, with a notable increase to $196,707 in 2024, up from $3,199 in 2023. While assets ($311,069) still comfortably exceed liabilities, this increase warrants further investigation into its nature, such as whether it's related to program expansion or capital investments.
Filing History
IRS 990 filing history for The Chapel Of The Good Shepard Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), The Chapel Of The Good Shepard Foundation Inc's revenue has grown by 25%, moving from $200K to $250K. Total assets increased by 31106800% over the same period, from $1 to $311K. Total functional expenses fell by 3.2%, from $200K to $194K. In its most recent filing year (2024), The Chapel Of The Good Shepard Foundation Inc reported a surplus of $56K, with revenue exceeding expenses. The organization holds $197K in liabilities against $311K in assets (debt-to-asset ratio: 63.2%), resulting in net assets of $114K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $250K | $194K | $311K | $197K | — | — |
| 2023 | $175K | $146K | $61K | $3K | — | View 990 |
| 2022 | $150K | $160K | $31K | $2K | — | View 990 |
| 2021 | $135K | $145K | $42K | $3K | — | View 990 |
| 2020 | $125K | $97K | $52K | $3K | — | — |
| 2019 | $100K | $80K | $24K | $3K | — | View 990 |
| 2018 | $50K | $41K | $53K | $44K | — | View 990 |
| 2017 | $0 | $87K | $1 | $0 | — | View 990 |
| 2016 | $522K | $569K | $87K | $0 | — | View 990 |
| 2015 | $476K | $421K | $134K | $0 | — | View 990 |
| 2014 | $300K | $221K | $79K | $0 | — | View 990 |
| 2013 | $174K | $174K | $1 | $0 | — | View 990 |
| 2012 | $200K | $200K | $0 | $0 | — | View 990 |
| 2011 | $200K | $200K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $250K, expenses of $194K, and assets of $311K (revenue +42.9% year-over-year).
- 2023: Revenue of $175K, expenses of $146K, and assets of $61K (revenue +16.7% year-over-year).
- 2022: Revenue of $150K, expenses of $160K, and assets of $31K (revenue +11.1% year-over-year).
- 2021: Revenue of $135K, expenses of $145K, and assets of $42K (revenue +8.0% year-over-year).
- 2020: Revenue of $125K, expenses of $97K, and assets of $52K (revenue +25.0% year-over-year).
- 2019: Revenue of $100K, expenses of $80K, and assets of $24K (revenue +100.0% year-over-year).
- 2018: Revenue of $50K, expenses of $41K, and assets of $53K.
- 2017: Revenue of $0, expenses of $87K, and assets of $1 (revenue -100.0% year-over-year).
- 2016: Revenue of $522K, expenses of $569K, and assets of $87K (revenue +9.7% year-over-year).
- 2015: Revenue of $476K, expenses of $421K, and assets of $134K (revenue +58.6% year-over-year).
- 2014: Revenue of $300K, expenses of $221K, and assets of $79K (revenue +72.7% year-over-year).
- 2013: Revenue of $174K, expenses of $174K, and assets of $1 (revenue -13.1% year-over-year).
- 2012: Revenue of $200K, expenses of $200K, and assets of $0 (revenue +0.0% year-over-year).
- 2011: Revenue of $200K, expenses of $200K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Chapel Of The Good Shepard Foundation Inc:
Data Sources and Methodology
This transparency report for The Chapel Of The Good Shepard 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.