Civic Intelligence

The Go Fund

990 • Fiscal year 2017 • EIN 46-1323254

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

7111 Indiana AveRiverside, CA 92504

(714) 402-2233

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

89th percentile

43%

Higher net margin than 89% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

94th percentile

$60,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 15.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

88th percentile

74%

Faster asset growth than 88% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

78th percentile

29%

Faster revenue growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$421,409

Up $178,631 (+74%) from 2016

Net Assets

Up

$415,841

Up $173,063 (+71%) from 2016

Liabilities

Up

$5,568

Up $5,568 from 2016

Revenue

Up

$400,203

Up $90,364 (+29%) from 2016

Expenses

Up

$227,140

Up $56,412 (+33%) from 2016

Net Income

Up

$173,063

Up $33,952 (+24%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2015: $152,399Liabilities 2015: $2,774Net Assets 2015: $149,6252015Assets 2016: $242,778Liabilities 2016: $0Net Assets 2016: $242,7782016Assets 2017: $421,409Liabilities 2017: $5,568Net Assets 2017: $415,8412017Assets 2018: $670,557Liabilities 2018: $0Net Assets 2018: $670,5572018Assets 2019: $1,052,963Liabilities 2019: $3,186Net Assets 2019: $1,049,7772019Assets 2020: $1,339,387Liabilities 2020: $0Net Assets 2020: $1,339,3872020Assets 2021: $1,671,586Liabilities 2021: $0Net Assets 2021: $1,671,5862021Assets 2022: $1,913,521Liabilities 2022: $0Net Assets 2022: $1,913,5212022Assets 2023: $1,953,327Liabilities 2023: $1,986Net Assets 2023: $1,951,3412023Assets 2024: $2,007,759Liabilities 2024: $614Net Assets 2024: $2,007,1452024

Highlighted filing

2017

Assets$421,409
Liabilities$5,568
Net Assets$415,841

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0Revenue 2015: $268,898Expenses 2015: $119,590Net Income 2015: $149,3082015Revenue 2016: $309,839Expenses 2016: $170,728Net Income 2016: $139,1112016Revenue 2017: $400,203Expenses 2017: $227,140Net Income 2017: $173,0632017Revenue 2018: $640,190Expenses 2018: $385,474Net Income 2018: $254,7162018Revenue 2019: $980,519Expenses 2019: $601,299Net Income 2019: $379,2202019Revenue 2020: $1,070,194Expenses 2020: $780,584Net Income 2020: $289,6102020Revenue 2021: $1,274,032Expenses 2021: $941,833Net Income 2021: $332,1992021Revenue 2022: $1,564,175Expenses 2022: $1,178,048Net Income 2022: $386,1272022Revenue 2023: $1,828,398Expenses 2023: $1,777,111Net Income 2023: $51,2872023Revenue 2024: $848,384Expenses 2024: $828,903Net Income 2024: $19,4812024

Highlighted filing

2017

Revenue$400,203
Expenses$227,140
Net Income$173,063
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.2
Gross Receipts
$446,760
Mission and Program Overview

Mission

The Go Fund is a nonprofit organization accelerating Christian disciple-making among the unreached by eliminating the barrier of student debt for qualified missionaries.

The go fund is a nonprofit organization enabling college graduates to make disciples of jesus christ among the unreached. We inspire giving to eliminate the barrier of student loan debt for aspiring career missionaries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$100,002$342,322▲ $242,320
Cash and Non-Interest-Bearing Accounts$137,276$68,312▼ $68,964
Prepaid Expenses and Deferred Charges$5,500$10,775▲ $5,275
Total Assets$242,778$421,409▲ $178,631
Liabilities
Accounts Payable and Accrued Expenses-$5,568-
Total Liabilities$0$5,568▲ $5,568
Net Assets / Fund Balance
Temporarily Rstr Net Assets$196,754$387,440▲ $190,686
Unrestricted Net Assets$46,024$28,401▼ $17,623
Total Net Assets Fund Balance$242,778$415,841▲ $173,063
Total Liabilities and Net Assets / Fund Balance$242,778$421,409▲ $178,631
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Luke WomackExecutive DirectorFT$60,000$60,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$441,482
Program Service Revenue
$0
Investment Income
$2,628
Other Revenue
$-43,907
All Other Contributions
$441,482
Change in Net Assets
$173,063
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$154,289
Total Fundraising Expense$43,908
Grants and Similar Amounts Paid$39,248
Other Expenses$33,603
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$67,243$5,505$7,472$80,220
Current Officers, Directors, Trustees, and Key Employees$12,000$18,000$30,000$60,000
Foreign Grants$39,248--$39,248
Payroll Taxes$5,808$2,257$2,662$10,727
Fees for Services Other$0$6,445$0$6,445
Office Expenses$0$4,475$0$4,475
All Other Expenses$0$3,977$9$3,986
Travel$0$2,985$849$3,834
Other Employee Benefits$1,928$720$694$3,342
Fees for Services Accounting$0$700$0$700
Other Expenses$0$688$0$688
Fees for Services Legal$0$105$0$105
Total Functional Expenses$129,035$54,197$43,908$227,140
International Activity

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$46,557
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Vision Dinner 2017$18,475-$11,860-
None----
Total Events$18,475-$46,557$-46,557
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Go Fund
EIN
46-1323254
Phone
7144022233
Address
7111 INDIANA AVE, RIVERSIDE, CA 92504

Signing Officer

Name
Matthew Sonke
Title
Program Director
Phone
7144022233
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Luke Womack
Formed
2012
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
5
Employees
4
Volunteers
50

Preparer

Firm
Gregory W Sheets CPA
Address
1150 N Mountain Ave Ste 101, Upland, CA 91786
Preparer
Gregory W Sheets
Phone
9099494258
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The board hires a CPA to prepare the form 990 for their review. Once reviewed and approved by the board, the CPA is directed to finalize the submission of the form 990 to the IRS.

Pt VI, Line 12C

Board members are asked at least annually to disclose any conflicts of interest. If a conflict exists, the board takes action to ensure that related decision making does not include a member who has a conflict of interest in that matter.

Pt VI, Line 15A

Wages for the CEO are set by the board, independent of the CEO being involved in the salary process.

Pt VI, Line 15B

Wages for the officers and key employees are set by the CEO and approved by the board.

Pt VI, Line 19

Governing documents, policies, and financial statements are available upon request.

Form 990, Part IX, Line 24E

Stationary & Printing 98. 0. 98. 0.

Form 990, Part IX, Line 24E

Meals & Meeting Expense 2895. 0. 2886. 9.

Form 990, Part IX, Line 24E

Employee Training 203. 0. 203. 0.

Form 990, Part IX, Line 24E

Telephone 760. 0. 760. 0.

Form 990, Part IX, Line 24E

Taxes & Licenses 30. 0. 30. 0.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0THE EDUCATIONAL LOAN REPAYMENT PROGRAM IS THE FLAGSHIP PROGRAM TO MOBILIZE MISSIONARY FAMILIES TO PLACES UNREACHED BY THE GOSPEL. THE PROGRAM UTILIZES THREE PHASES TO ELIMINATE EDUCATIONAL LOAN DEBT FOR OUR MISSIONARY PARTNERS: 1) QUALIFICATION - A CANDIDATE APPLIES ONLINE AND BEGINS THE PROCESS WITH OUR PROGRAM DIRECTOR, INCLUDING PHONE INTERVIEWS, A CREDIT CHECK, AND REFERENCE CHECKS. 2) SELECTION - THE CANDIDATE SUBMITS A MINISTRY OVERVIEW VIDEO AND IS INTERVIEWED BY A VOLUNTEER SELECTION COMMITTEE BEFORE A FINAL DECISION IS MADE. 3) MOBILIZATION - THE CANDIDATE SUBMITS POWER OF ATTORNEY FORMS, SIGNS GENERAL AGREEMENT, AND SCHEDULES COMMISSIONING MEETING WITH THEIR CHURCH BEFORE THEY HEAD TO THE FIELD. ONCE THE APPROVED MISSIONARY PARTNER IS WORKING AMONG THE UNREACHED ON THE MISSION FIELD, THE GO FUND BEGINS TO MAKE MONTHLY PAYMENTS TOWARD THEIR STUDENT LOANS WITH A TEN YEAR REPAYMENT TARGET. PAYMENTS CONTINUE AS LONG AS THE MISSIONARY REMAINS IN THEIR ASSIGNMENT.
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0441482
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0329730
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0229215
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01000427
IRS990ScheduleA/TotalSupportAmt01003134
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt016324
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt14991
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt211742
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt32860
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt43331
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0EFT
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt1EFT
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt2EFT
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt3EFT
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt4EFT
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt02
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt11
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt22
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt31
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt43
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0East Asia and Pacific
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1North America
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt2Europe
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt3Sub-Saharan Africa
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt4Middle East
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0College Loan Payment
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1College Loan Payment
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt2College Loan Payment
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt3College Loan Payment
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt4College Loan Payment
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Grants to qualifying missionary parters are made to assist with paying off student loans over a 10 year period while the missionary partner remains in their assignment. Missionary partners are monitored throughout the year for changes to their assignment. Payments on student loans are made directly to the loan servicing organization and are not made to the individual missionary partner.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt018475
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt018475
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt046557
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Vision Dinner 2017
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0NONE
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt027254
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt027254
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt018475
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt018475
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-46557
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011860
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011860
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt07443
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt07443
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board hires a CPA to prepare the form 990 for their review. Once reviewed and approved by the board, the CPA is directed to finalize the submission of the form 990 to the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members are asked at least annually to disclose any conflicts of interest. If a conflict exists, the board takes action to ensure that related decision making does not include a member who has a conflict of interest in that matter.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Wages for the CEO are set by the board, independent of the CEO being involved in the salary process.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Wages for the officers and key employees are set by the CEO and approved by the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents, policies, and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Stationary & Printing 98. 0. 98. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Meals & Meeting Expense 2895. 0. 2886. 9.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Employee Training 203. 0. 203. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Telephone 760. 0. 760. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Taxes & Licenses 30. 0. 30. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0196754
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0387440
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0242778
IRS990/TotalAssetsEOYAmt0421409
IRS990/TotalAssetsGrp/BOYAmt0242778
IRS990/TotalAssetsGrp/EOYAmt0421409
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0441482
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt043908
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt054197
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0129035
IRS990/TotalFunctionalExpensesGrp/TotalAmt0227140
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt05568
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt05568
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0242778
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0415841
IRS990/TotalProgramServiceExpensesAmt0129035
IRS990/TotalReportableCompFromOrgAmt060000
IRS990/TotalRevenueGrp/ExclusionAmt0-43929
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02650
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0400203
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0242778
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0421409
IRS990/TravelGrp/FundraisingAmt0849
IRS990/TravelGrp/ManagementAndGeneralAmt02985
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt03834
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt046024
IRS990/UnrestrictedNetAssetsGrp/EOYAmt028401
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07111 INDIANA AVE STE 300
IRS990/USAddress/CityNm0RIVERSIDE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092504
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0https://thegofund.com/
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW SONKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PROGRAM DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07144022233
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE GO FUND
ReturnHeader/Filer/BusinessNameControlTxt0GOFU
ReturnHeader/Filer/EIN0461323254
ReturnHeader/Filer/PhoneNum07144022233
ReturnHeader/Filer/USAddress/AddressLine1Txt07111 INDIANA AVE

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