Good Charity Inc
- Assets
- $18.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 246
- Location
- Farmington Hills, MI
- Founding
- 03/2011
- Data as of
- 12/2017
- EIN
- 27-4293728
Organization Overview
Good Charity Inc is located in Farmington Hills, MI. The organization was established in 2011. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2017, Good Charity Inc employed 246 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Charity Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2017, Good Charity Inc generated $157.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (71.5%) each year. All expenses for the organization totaled $131.1k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (73.4%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS IN THE PROCESS OF DISSOLUTION AND LIQUIDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Michelini Director | 1 | $0 | |
Alan Bradley Director | 1 | $0 | |
Brian Maiorana President | 40 | $0 | |
David White Secretary | 1 | $0 | |
Joseph Moeller Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $151,232 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$500 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,028 |
| Total Revenue | $157,760 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $71,568 |
| Professional fees and other payments to independent contractors | $9,610 |
| Occupancy, rent, utilities, and maintenance | $12,298 |
| Printing, publications, postage, and shipping | $21,203 |
| Other expenses | $16,384 |
| Total expenses | $131,063 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,126 |
| Other assets | $0 |
| Total assets | $18,626 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,626 |
Grants Awarded
Over the last fiscal year, Good Charity Inc has awarded $204,063 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MICHIGAN PURPOSE: Program Support | $9,000 |
UNIVERSITY OF MINNESOTA FOUNDATION PURPOSE: Humanitarian aid | $9,544 |
CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER PURPOSE: Humanitarian aid | $9,544 |
THE COMMUNITY FOUNDATION OF GREATER FLINT PURPOSE: Program Support | $7,500 |
CS MOTT CHILDREN'S HOSPITAL PURPOSE: Humanitarian aid | $9,544 |
CLEVELAND CLINIC PURPOSE: Humanitarian aid | $3,874 |