Bgood is located in Pittsboro, NC. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bgood 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 12/2023, Bgood generated $106.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (39.0%) each year. All expenses for the organization totaled $81.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (35.1%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO BUILD CONNECTIONS BETWEEN NEIGHBORS AND PROVIDE FINANCIAL RESOURCES TO IMROVE EDUCATION, CURB FOOD INSECURITY AND SUPPORT THOSE WHO HAVE SERVED.
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,714 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,411 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $106,125 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,903 |
| Total expenses | $81,740 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,838 |
| Other assets | $0 |
| Total assets | $142,838 |
| Total liabilities | $0 |
| Net assets or fund balances | $142,838 |