Goldenwood Inc
- Assets
- $324.2k
- Revenue
- $299.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- Data as of
- 06/2022
- EIN
- 85-0531036
Organization Overview
Goldenwood Inc is located in Princeton, NJ. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goldenwood 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 06/2022, Goldenwood Inc generated $299.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $328.4k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GOLDENWOOD INC. EXISTS TO PROVIDE RELIGIOUS EDUCATION SPIRITUAL DIRECTION AND HOLISTIC COLLABORATIVE COACHING FOR PERSONAL AND COMMUNAL GROWTH TO INSPIRE MATURING VITALITY IN ALL FACETS OF LIFE AND TO SEE WORK REVIVED BY LOVE. THROUGH COMPREHENSIVE COORDINATED AND COHESIVE DESIGN WE FACILITATE A WIDE RANGE OF INDIVIDUAL AND COMMUNAL PROGRAMS THAT FOSTER MATURING SPIRITUAL GROWTH AND LEADER DEVELOPMENT. GOLDENWOOD INC. IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES IN ACCORDANCE WITH SECTION 501C3 OF THE INTERNAL REVENUE CODE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACILITATED GUIDED RHYTHMS TO SLOW DOWN AND DISCERN THE VOICES THAT MATTER MOST IN OUR LIVES FOR REGULAR REORIENTATION AND REALIGNMENT. INCLUDES COLLABORATIONAL PROGRAMS WITH OTHER ORGANIZATIONS TO INFUSE THEIR WORK BOTH IN PRACTICE AND IN EFFECT WITH LIFE-GIVING RHYTHMS AND STRUCTURES. SERVING ~500+ PEOPLE YEAR.
CULTIVATING DREAMS TO REIMAGINE AND REVIVE OUR WORLD WE RECEIVE DREAM SUBMISSIONS--IDEAS WAITING TO BE IGNITED INTO THE WORLD AND SELECT 8 DREAMERS EACH YEAR FOR A 6-MONTH DREAM CULTIVATION EXPERIENCE THAT INCLUDES COACHING SPIRITUAL DIRECTION AND WORKSHOPS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amilee Watkins COO | Officer | 40 | $50,232 |
Haejin Shim Fujimura Board Chair | Officer | 1 | $0 |
Taena Kim Board Member | Officer | 0 | $0 |
Stephen Bailey Board Member | Officer | 0 | $0 |
David Kim CEO | 40 | $87,961 |
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 | $208,429 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $208,429 |
| Total Program Service Revenue | $90,631 |
| Investment income | $42 |
| 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 | $299,102 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $30,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $183,804 |
| Compensation of current officers, directors, key employees. | $13,682 |
| 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 | $6,349 |
| Fees for services: Legal | $33 |
| Fees for services: Accounting | $2,220 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,250 |
| Advertising and promotion | $542 |
| Office expenses | $1,774 |
| Information technology | $6,235 |
| Royalties | $0 |
| Occupancy | $20,996 |
| Travel | $11,237 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,420 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $818 |
| All other expenses | $0 |
| Total functional expenses | $328,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $324,150 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $324,150 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $317,845 |
| Net assets with donor restrictions | $6,305 |
| 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 | $324,150 |