Good Plus Foundation Inc
- Assets
- $6.0m
- Revenue
- $13.8m
- Investments
- $0.0
- Employees
- 24
- Location
- New York, NY
- Founding
- 07/2001
- Data as of
- 12/2021
- EIN
- 31-1777082
Organization Overview
Good Plus Foundation Inc, operating under the name Good Foundation, is located in New York, NY. The organization was established in 2001. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2021, Good Foundation employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Foundation 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 12/2021, Good Foundation generated $13.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $13.7m during the year ending 12/2021. While expenses have increased by 9.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Good Foundation has awarded 447 individual grants totaling $50,797,530. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
SEE SCHEDULE O
SEE SCHEDULE O
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine E Snider Chief Executive Officer | Officer | 50 | $267,488 |
Laurel P West Chief Prgrm & Operations Off. | Officer | 50 | $163,767 |
Tiffany Y Langston Chief Marketing Officer | 45 | $155,845 | |
Abdulai Aidoo Director Of Finance & Adm | Officer | 50 | $118,858 |
Michael Tiedmann Dir., Treasurer & Vice Chair | OfficerTrustee | 2 | $0 |
Jessica Seinfeld Director, Founder & Chair | OfficerTrustee | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $618,164 |
| Related organizations | $0 |
| Government grants | $246,115 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,877,384 |
| Noncash contributions included in lines 1a–1f | $9,999,751 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,741,663 |
| Total Program Service Revenue | $0 |
| Investment income | $58,925 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $43,466 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,844,054 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,769,834 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $613,842 |
| Compensation of current officers, directors, key employees. | $125,116 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,017,553 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $124,185 |
| Payroll taxes | $135,782 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,961 |
| Fees for services: Accounting | $54,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $128,252 |
| Advertising and promotion | $12,151 |
| Office expenses | $126,879 |
| Information technology | $253 |
| Royalties | $0 |
| Occupancy | $346,429 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,499 |
| Insurance | $31,472 |
| All other expenses | $0 |
| Total functional expenses | $13,748,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,514,386 |
| Savings and temporary cash investments | $478,447 |
| Pledges and grants receivable | $20,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $886,958 |
| Prepaid expenses and deferred charges | $26,057 |
| Net Land, buildings, and equipment | $21,864 |
| Investments—publicly traded securities | $3,021,635 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $10,000 |
| Other assets | $34,394 |
| Total assets | $6,013,741 |
| Accounts payable and accrued expenses | $207,390 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $207,390 |
| Net assets without donor restrictions | $5,757,472 |
| Net assets with donor restrictions | $48,879 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,013,741 |
Grants Awarded
Over the last fiscal year, Good Plus Foundation Inc has awarded $10,753,708 in support to 56 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: SEE PART IV | $2,375,649 |
Richmond Hill, NY PURPOSE: SEE PART IV | $1,326,154 |
WORLD HARVEST LA PURPOSE: SEE PART IV | $1,197,565 |
New York, NY PURPOSE: SEE PART IV | $867,885 |
Los Angeles, CA PURPOSE: SEE PART IV | $462,316 |
Glen Cove, NY PURPOSE: SEE PART IV | $344,020 |
Grants Recieved
Over the last fiscal year, we have identified 24 grants that Good Plus Foundation Inc has recieved totaling $1,023,608.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS | $220,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $200,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $118,838 |
National Diaper Bank Network New Haven, CT PURPOSE: Diapers | $93,036 |
William Randolph Hearst Foundation New York, NY PURPOSE: SUPPORT FOR ONGOING OPERATIONS | $75,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $52,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Warm Inc Glen Mills, PA | $9,867,114 | $38,820,959 |
Springfield Rescue Mission Inc Springfield, MA | $3,518,136 | $17,540,773 |
Good Plus Foundation Inc New York, NY | $6,013,741 | $13,844,054 |
Bucks County Opportunity Council Inc Doylestown, PA | $4,467,309 | $12,553,071 |
Water Street Ministries Lancaster, PA | $27,847,945 | $13,681,131 |
Center For Food Action In New Jersey Englewood, NJ | $5,813,047 | $11,348,848 |
Greg Hill Foundation Woburn, MA | $6,630,527 | $13,875,487 |
Light Of Life Ministries Inc Pittsburgh, PA | $24,514,350 | $12,091,518 |
Caties Closet Inc Dracut, MA | $4,577,081 | $8,342,538 |
Real Alternatives Harrisburg, PA | $3,218,782 | $7,572,282 |
Rescue Mission Of Trenton Trenton, NJ | $15,440,834 | $6,507,086 |
Old Order Amish Helping Program Elizabethville, PA | $294,169,877 | $7,401,236 |