Goshen Help EIN 47-5106845

Goshen Help FY2024 filing

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Empowering people in need to become self-sufficient and improve their lives. For fiscal year 2024 it reported $618K in revenue, $592K in expenses, and $46K in net assets.Pt I

Type
Public charity (501(c)(3)) · Housing
Location
Torrington, WY
Website
www.goshenhelp.com
Filings
6 on file (2020–2024)
Revenue
$618KFY2024
Expenses
$592K
Net assets
$46K
People
11
Filings
6
Updates
0
More identity details & actions ⌄
EIN  47-5106845 Public charity (501(c)(3)) Torrington, WY
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Empowering people in need to become self-sufficient and improve their lives.
Leadership
Kyle Borger · Executive Director · $74K
Money in and out
$618K revenue, $592K expenses
Bottom line
84% program efficiency
Where the money goes · FY2024
Total revenue
$618K
Pt VIII · Ln 12
Total expenses
$592K
Pt IX · Ln 25
Net assets
$46K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $26K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.16
Program efficiency
84%
of spending reaches programs
Operating runway
0.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+4%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$618K
FY2024▼ -22%
Expenses
$592K
FY2024▼ -29%
Total assets
$46K
FY2024▲ +126%
Total liabilities
$0
FY2024
Total revenue
$618K
Pt VIII · Ln 12
Total expenses
$592K
Pt IX · Ln 25
Net assets
$46K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$26K
Total assetsPt X · Ln 16$46K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $497K of program spending, described in the organization's own filed words · FY2023.
01

Determine the needs of the communities served by working in harmony with existing agencies to provde solutions to overcome poverty by assisting with rent, utilities, and providing a food pantry for the needy.

$497Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGoshen Help
EINHdr · item D47-5106845
Principal addressHdr · item CTorrington, WY
WebsiteHdr · item Jwww.goshenhelp.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L41)
Ruling yearIRS BMFJan 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$73,930Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Kyle Borger’s $74K as Executive Director is at the 65th percentile of top reported officer pay among 848 $100K–1M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kyle Borger$74,052$73,930$71,497
Kyle Borger$59,685$55,249$34,350

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$618K
— government grantsLn 1e$415K
Total revenueLn 12$618K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.16
Program services84%$497K
Management & general16%$95K
Total functional expensesLn 25$592K

Balance Sheet

Part X · end of year
CashLn 1$33K
Total assetsLn 16$46K
Total liabilitiesLn 26$0
Total net assetsLn 32$46K
Months of cash on handcomputed0.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $33K · Operating expenses/yr $592K
0.7 months
Where the money goes
Program services
Program services $497K · Total expenses $592K
84%
Management & General
Management & general $95K · Total expenses $592K
16%
Fundraising
Fundraising $0 · Total expenses $592K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $1K · Solicited contributions (3-yr avg) $154K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $618K · Total revenue $618K
100%
Government reliance
Government grants $415K · Total revenue $618K
67%
Earned-income share
Program service revenue $0 · Total revenue $618K
0%
Investment reliance
Investment income $0 · Total revenue $618K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $592K
0%
Growth & trend
Revenue growth (YoY)
This year $618K · Prior year $795K
-22%
Revenue CAGR
FY2019 $383K · FY2023 $618K
+13%
Net-asset trend (YoY)
End of year $46K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $618K · Expenses $592K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $46K
Net-asset ratio
Net assets $46K · Total assets $46K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $46K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kyle Borger · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $74K · Total expenses $592K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $343K · Total expenses $592K
58%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 16%
Fundraising cost ratio 0%
Revenue growth -22%
Accounting fee ratio 7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$52K
Grants paid · 17 grants · $624K · 2019–2024
Unitemized GrantFY2024$85,571
Unitemized GrantFY2024$40,458
Unitemized GrantFY2024$3,099
Unitemized GrantFY2023$35,395
Unitemized GrantFY2023$4,479
Unitemized GrantFY2023$2,824
Unitemized GrantFY2022$59,118
Unitemized GrantFY2022$8,551
Unitemized GrantFY2022$5,826
Unitemized GrantFY2021$90,022
Unitemized GrantFY2021$46,813
Unitemized GrantFY2021$18,645
Unitemized GrantFY2021$1,000
Unitemized GrantFY2020$163,090
Unitemized GrantFY2020$5,760
Unitemized GrantFY2019$43,796
Unitemized GrantFY2019$9,242

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$516K revenue · ⤓ 990 PDF
FY2024$618K revenue · viewing · ⤓ 990 PDF
FY2023$795K revenue · ⤓ 990 PDF
FY2022$860K revenue · ⤓ 990 PDF
FY2021$780K revenue · ⤓ 990 PDF
FY2020$383K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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