Network For Good Inc
- Assets
- $213.8m
- Revenue
- $683.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 10/2001
- Data as of
- 12/2020
- EIN
- 68-0480736
Organization Overview
Network For Good Inc is located in Washington, DC. The organization was established in 2001. According to its NTEE Classification (M19) the organization is classified as: Support N.E.C., under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2020, Network For Good Inc generated $683.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $682.8m during the year ending 12/2020. While expenses have increased by 17.9% per year over the past 6 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, Network For Good Inc has awarded 73,992 individual grants totaling $2,163,075,568. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO UNLEASH GENEROSITY AND DRIVE INCREASED FINANCIAL RESOURCES TO CHARITABLE ORGANIZATIONS VIA DIGITAL PLATFORMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHAT WE'VE ACCOMPLISHED: - EXCEEDED $3.75 BILLION IN CUMULATIVE DONATIONS RAISED FOR 350,000 NONPROFITS SINCE INCEPTION.- HAVE CREATED A SECURE, CONVENIENT DONATION SYSTEM THAT MAKES IT POSSIBLE TO GET FUNDS TO ANY CHARITY, ANYWHERE, ANYTIME ONLINE- RAISED $682 MILLION IN DONATIONS IN 2020 TO OVER 175,000 DIFFERENT NONPROFITS.- PROVIDED TENS OF MILLIONS OF DOLLARS IN CRITICAL FUNDING TO MEET THE NEEDS OF CHARITIES IN A YEAR UNLIKE ANY OTHER. MONEY SUPPORTED COMMUNITY COVID RELIEF INCLUDING FOOD BANKS, CHARITIES LEADING THE SOCIAL JUSTICE MOVEMENT, AND DISASTER RESPONSE AMONG OTHER WORTHY CAUSES. SEE SCHEDULE O FOR CONTINUATION OF PROGRAM ACCOMPLISHMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Deily Cfo, Assistant Treasurer | Officer | 40 | $245,906 |
Stephanie Goldfine Assistant Secretary/general Counsel | Officer | 35 | $204,613 |
Scott Case Chairman, President | OfficerTrustee | 2 | $0 |
Brian Sasscer Treasurer, Board Member | OfficerTrustee | 2 | $0 |
Danica Remy Vice Chair, Secretary | OfficerTrustee | 1.5 | $0 |
Tien Tzuo Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fast Rope Labs Professional Fees - It | 12/30/20 | $260,439 |
Network For Good (C Corp) Management And Prof. Fundraising | 12/30/20 | $6,687,820 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $682,516,413 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $682,516,413 |
| Total Program Service Revenue | $0 |
| Investment income | $347,339 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $683,013,296 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $666,762,363 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $497,831 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $450,519 |
| Compensation of current officers, directors, key employees. | $450,519 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,500 |
| Fees for services: Accounting | $46,060 |
| Fees for services: Lobbying | $40,050 |
| Fees for services: Fundraising | $6,687,821 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $368,834 |
| Advertising and promotion | $2,750 |
| Office expenses | $922 |
| Information technology | $27,056 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,613 |
| 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 | $455 |
| Insurance | $46,907 |
| All other expenses | $0 |
| Total functional expenses | $682,804,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,074,548 |
| Savings and temporary cash investments | $1,102,743 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $73,167,899 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,351 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $134,477,663 |
| Total assets | $213,830,204 |
| Accounts payable and accrued expenses | $2,278,085 |
| Grants payable | $207,375,505 |
| Deferred revenue | $208,777 |
| 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 | $1,201,509 |
| Total liabilities | $211,063,876 |
| Net assets without donor restrictions | $2,256,054 |
| Net assets with donor restrictions | $510,274 |
| 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 | $213,830,204 |
Grants Awarded
Over the last fiscal year, Network For Good Inc has awarded $515,690,938 in support to 17,700 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: Unrestricted | $10,336,107 |
Montgomery, AL PURPOSE: Unrestricted | $3,944,235 |
Minneapolis, MN PURPOSE: Unrestricted | $3,747,585 |
Cincinnati, OH PURPOSE: Unrestricted | $2,688,694 |
Washington, DC PURPOSE: Unrestricted | $2,612,302 |
New York, NY PURPOSE: Unrestricted | $2,402,835 |
Grants Recieved
Over the last fiscal year, we have identified 62 grants that Network For Good Inc has recieved totaling $1,705,919.
| Awarding Organization | Amount |
|---|---|
Every Org San Francisco, CA PURPOSE: ONLINE SUPPORT FOR CHARITABLE PURPOSES | $713,148 |
Every Org San Francisco, CA PURPOSE: ONLINE SUPPORT FOR CHARITABLE PURPOSES | $713,148 |
Deluxe Corporation Foundation Saint Paul, MN PURPOSE: MATCHING GIFT | $137,625 |
Mary Free Bed Rehabilitation Hospital Grand Rapids, MI PURPOSE: HEALTH AND HUMAN SERVICES | $27,500 |
Dr Jack Widrich Foundation Inc Miami Beach, FL PURPOSE: FUNDRAISING PLATFORM | $12,875 |
Cr Cares Inc Virginia Beach, VA | | $10,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Network For Good Inc Washington, DC | $213,830,204 | $683,013,296 |
Humanitarian Openstreetmap Team United States Inc Washington, DC | $663,086 | $2,654,419 |
Law Enforcement Alliance For Digital Evidence Response Inc Washington, DC | $10,364 | $190,250 |
Iaff Local 1605 Foundation Inc Funkstown, MD | $441,932 | $197,065 |
Independence Volunteer Fire Dept Independence, VA | $2,277,869 | $95,023 |