World Of Good Incorporated
World Of Good Incorporated shows consistent revenue growth and responsible expense management with no reported officer compensation.
EIN: 200260940 · Junction City, OR · NTEE: Q33 · Updated: 2026-03-28
About World Of Good Incorporated
World Of Good Incorporated (EIN: 200260940) is a nonprofit organization based in Junction City, OR, classified under NTEE code Q33. The organization reported total revenue of $69K and total assets of $97K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Of Good Incorporated'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 World Of Good Incorporated 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, World Of Good Incorporated 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly favorable for an organization of its size with revenues around $70,000.
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 World Of Good Incorporated's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for World Of Good Incorporated:
- Consistent revenue growth over the past decade (from $55,607 in 2013 to $74,670 in 2023)
- Expenses consistently managed below revenue in most years (e.g., $68,356 expenses vs. $74,670 revenue in 2023)
- Zero reported officer compensation across all filings, indicating high efficiency in directing funds to mission
- Steady growth in assets, from $36,089 in 2013 to $84,736 in 2023
- Consistent IRS 990 filing history demonstrating transparency
Frequently Asked Questions about World Of Good Incorporated
Is World Of Good Incorporated a good charity?
Based on the provided financial data, World Of Good Incorporated appears to be a good charity. It consistently manages its expenses below revenue, has growing assets, and reports 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has World Of Good Incorporated's revenue changed over time?
World Of Good Incorporated's revenue has shown a general upward trend, increasing from $55,607 in 2013 to $74,670 in 2023, with some fluctuations in between.
What is the organization's financial stability?
The organization demonstrates good financial stability, consistently maintaining expenses below revenue in most years (e.g., $68,356 expenses vs. $74,670 revenue in 2023) and showing a steady increase in assets from $36,089 in 2013 to $84,736 in 2023.
Filing History
IRS 990 filing history for World Of Good Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2023), World Of Good Incorporated's revenue has grown by 49%, moving from $50K to $75K. Total assets increased by 356.5% over the same period, from $19K to $85K. Total functional expenses rose by 45.8%, from $47K to $68K. In its most recent filing year (2023), World Of Good Incorporated reported a surplus of $6K, with revenue exceeding expenses. The organization holds $33K in liabilities against $85K in assets (debt-to-asset ratio: 39.5%), resulting in net assets of $51K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $75K | $68K | $85K | $33K | — | — |
| 2022 | $59K | $56K | $66K | $21K | — | View 990 |
| 2021 | $60K | $54K | $66K | $24K | — | View 990 |
| 2020 | $58K | $61K | $64K | $29K | — | — |
| 2018 | $50K | $46K | $67K | $21K | — | View 990 |
| 2017 | $50K | $47K | $63K | $19K | — | View 990 |
| 2016 | $59K | $49K | $52K | $11K | — | View 990 |
| 2015 | $51K | $53K | $48K | $18K | — | View 990 |
| 2014 | $54K | $46K | $41K | $8K | — | View 990 |
| 2013 | $56K | $44K | $36K | $10K | — | View 990 |
| 2012 | $53K | $46K | $26K | $11K | — | View 990 |
| 2010 | $50K | $47K | $19K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $75K, expenses of $68K, and assets of $85K (revenue +27.4% year-over-year).
- 2022: Revenue of $59K, expenses of $56K, and assets of $66K (revenue -2.7% year-over-year).
- 2021: Revenue of $60K, expenses of $54K, and assets of $66K (revenue +4.5% year-over-year).
- 2020: Revenue of $58K, expenses of $61K, and assets of $64K (revenue +15.7% year-over-year).
- 2018: Revenue of $50K, expenses of $46K, and assets of $67K (revenue +-0.0% year-over-year).
- 2017: Revenue of $50K, expenses of $47K, and assets of $63K (revenue -15.9% year-over-year).
- 2016: Revenue of $59K, expenses of $49K, and assets of $52K (revenue +15.6% year-over-year).
- 2015: Revenue of $51K, expenses of $53K, and assets of $48K (revenue -4.5% year-over-year).
- 2014: Revenue of $54K, expenses of $46K, and assets of $41K (revenue -3.6% year-over-year).
- 2013: Revenue of $56K, expenses of $44K, and assets of $36K (revenue +5.6% year-over-year).
- 2012: Revenue of $53K, expenses of $46K, and assets of $26K (revenue +5.1% year-over-year).
- 2010: Revenue of $50K, expenses of $47K, and assets of $19K.
Data Sources and Methodology
This transparency report for World Of Good Incorporated 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.