Good Days Foundation is located in Fremont, CA. The organization was established in 2015. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Days 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 11/2023, Good Days Foundation generated $119.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $106.8k during the year ending 11/2023. While expenses have increased by 15.4% per year over the past 8 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE AN ONLINE SCHOOL WHICH OFFERS ELEMENTARY LEVEL ENGLISH AND OTHER CLASSES FOR CHILDREN FROM FAMILIES WHO ARE NOT NATIVE ENGLISH SPEAKERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zhuoran Chen CEO | 10 | $0 | |
Xiang Song CFO | 20 | $3,500 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $111,975 |
| Interest on Savings | $626 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$53,226 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $59,741 |
| Total Revenue | $119,116 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $2,247 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $641 |
| Printing and publications | $0 |
| Other expenses | $100,110 |
| Total operating and administrative expenses | $106,498 |
| Contributions, gifts, grants paid | $350 |
| Total expenses and disbursements | $106,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $414,363 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $25,100 |
| Net Land, buildings, and equipment | $3,324 |
| Other assets | $3 |
| Total assets | $644,562 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Good Days Foundation has awarded $2,260 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BAY AREA EAGLES PURPOSE: CHARITABLE DONATION | $1,160 |
BAY AREA EAGLES PURPOSE: CHARITABLE DONATION | $1,100 |