Good Choices Good Life Inc
Nonprofit profile at a glance
- EIN
- 465181474
- IRS 990-EZ coverage
- 2018–2019
- Forms available
- Form 990-EZ 2019
- Location
- Memphis, TN, USA
- Phone
- 9014126701
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $3,780
- Expenses
- $3,790
- Assets
- $615
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- MICHAEL L NELSON (PRESIDENT)
People named in this filing
- MICHAEL L NELSON (PRESIDENT)
- CATHY VAN WYHE (SECRETARY)
- IRWIN B PRUDE (TREASURER/DI)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To create a much greater awareness of the deterioration of choice making skills in america; to provide information, education and insights that will help people understand the role and importance of the choices they make; to provide confidential feedback and recommendations to individuals who need a better "support circle" to help them work through an important choice they are trying to make; to provide an online library of personal development training that parents and young people can use to achieve a better understanding of good and proper conduct in many areas of life; and to help a growing number of individuals make better choices in their lives.
What it reported doing in 2019
Good choices good life organization is dedicated to helping people make better choices in life. We are providing educational opportunities to help others: - understand that their life is guided and defined by the choices they make. - know and appreciate that good choices are harder to make than poor ones, and - see that the accomplishmenet of an important goal always starts with an important choice. The good choices information center (www.goodchoicesgoodlife.org) contains over 100 choice-making "learning experiences- and is open and available to everyone. The information center is organized into the five sections: choices for improving you; choices for better parenting; choices for young people; choices for real life, real living; and choice thoughts. We now have over 9,000 followers on facebook and several hundred new visitors to our website each week. As one reader responded to us . . . "this couldn't have come to me at a more important time in my life."
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 82
- Sustainability: 31
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.5%; rating input score 69
- Program expense ratio: 68.3%; rating input score 68
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -0.3%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 29.7% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 47.1% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: -1.6% per year; rating input score 0; 35th percentile among comparable filings
Details
- Where the money goes: 68.5% of revenue deployed · 68.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $3K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2018 to 2019
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Operating margin scored 43/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.