GI Go Fund Inc
Nonprofit profile at a glance
- EIN
- 204990937
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024, Form 990-N 2008
- Location
- New Brunswick, NJ, USA
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Support N.E.C.
Reported finances
- Revenue
- $732,131
- Expenses
- $659,246
- Assets
- $222,736
- Liabilities
- $567,268
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Jack Fanous (President CEO)
Highest reported compensation
- Jack Fanous (President CEO): $131,748 total reported compensation
- Alexander Manis (Treasurer CFO): $130,247 total reported compensation
- James Fanous (Secretary COO): $126,747 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See sch O
What it reported doing in 2024
See schO
Operating model
- Revenue model
- Donor-supported. 91% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 100
- Accountability: 81
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.9%; rating input score 77
- Program expense ratio: 85.5%; rating input score 85
- Fundraising efficiency: $116.67 raised per $1 spent on fundraising; rating input score 88; 88th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 66.7%; rating input score 67; 14th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 2.55; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 59%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: 2.1% per year; rating input score 100; 27th percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 16th percentile among comparable filings
- Asset growth: 2.5% per year; rating input score 100; 27th percentile among comparable filings
Details
- Where the money goes: 76.9% of revenue deployed · 85.5% of spending went to programs
- Governance: 6 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $563K in reported program spending
- Leadership: top reported pay $132K · 8 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 1/100.