Good Works Institute Inc
- Assets
- $23.5k
- Revenue
- $205.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Sun Valley, ID
- Founding
- 03/2000
- Data as of
- 09/2022
- EIN
- 82-0518035
Organization Overview
Good Works Institute Inc is located in Sun Valley, ID. The organization was established in 2000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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 Works Institute 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 09/2022, Good Works Institute Inc generated $205.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $251.9k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Good Works Institute Inc has awarded 182 individual grants totaling $2,876,250. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Clapp Treasurer | 0.5 | $10,000 | |
Douglas I Aanestad Secretary | 0.5 | $10,000 | |
Phylis Hockett Director | 0.5 | $10,000 | |
Ann Down President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $205,000 |
| Interest on Savings | $6 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $205,006 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $156 |
| Total operating and administrative expenses | $31,956 |
| Contributions, gifts, grants paid | $219,961 |
| Total expenses and disbursements | $251,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,460 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $23,460 |
| 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 |
Grants Awarded
Over the last fiscal year, Good Works Institute Inc has awarded $219,961 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Salt Lake City, UT PURPOSE: GENERAL | $39,000 |
Boston, MA PURPOSE: GENERAL | $30,000 |
St Clair Shores, MI PURPOSE: GENERAL | $20,961 |
STOVE TEAM INT'L PURPOSE: GENERAL | $20,000 |
Hailey, ID PURPOSE: GENERAL | $20,000 |
IRAQI CHILDRENS FOUNDATION PURPOSE: GENERAL | $18,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amazonsmile Foundation Seattle, WA | $32,322,159 | $94,115,479 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Gates Philanthropy Partners Seattle, WA | $58,428,866 | $30,155,547 |
Paul G Allen Family Foundation Seattle, WA | $0 | $45,218,114 |
Dennis R Washington Foundation Inc Missoula, MT | $1,024,973,213 | $135,352,040 |
Friday Foundation Medina, WA | $32,805,393 | $16,602 |
Jon And Karen Huntsman Foundation Salt Lake City, UT | $0 | $68,260,311 |
J A & Kathryn Albertson Foundation Inc Boise, ID | $0 | $34,850,275 |
Skip Viragh Foundation Inc Reno, NV | $289,471,217 | $23,635,241 |
Intel Foundation Hillsboro, OR | $50,440,341 | $47,262 |
George S Eccles And Delores Dore Eccles Foundation Salt Lake City, UT | $0 | $176,040,595 |