Civic Intelligence

Good Spoon

990 • Fiscal year 2018 • EIN 20-1182359

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 05, 2019

4739 Valley StreetAlexandria, VA 22312

(703) 622-2559

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.20x

Higher debt load relative to assets than 72% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

40th percentile

0.01x

Higher debt load relative to revenue than 40% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

49th percentile

2.9%

Higher net margin than 49% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

63rd percentile

$45,600

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

82nd percentile

27%

Faster asset growth than 82% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

17th percentile

-18%

Faster revenue growth than 17% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$29,478

Up $6,262 (+27%) from 2017

Net Assets

Up

$23,666

Up $450 (+1.9%) from 2017

Liabilities

Up

$5,812

Up $5,812 from 2017

Revenue

Down

$503,949

Down $108,197 (-18%) from 2017

Expenses

Down

$489,175

Down $99,755 (-17%) from 2017

Net Income

Down

$14,774

Down $8,442 (-36%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $47,392Liabilities 2010: $02010Assets 2011: $44,388Liabilities 2011: $02011Assets 2012: $92,585Liabilities 2012: $02012Assets 2013: $35,602Liabilities 2013: $02013Assets 2014: $43,098Net Assets 2014: $43,0982014Assets 2015: $24,772Liabilities 2015: $0Net Assets 2015: $24,7722015Assets 2016: $65,422Liabilities 2016: $0Net Assets 2016: $65,4222016Assets 2017: $23,216Liabilities 2017: $0Net Assets 2017: $23,2162017Assets 2018: $29,478Liabilities 2018: $5,812Net Assets 2018: $23,6662018Assets 2019: $26,538Liabilities 2019: $0Net Assets 2019: $26,5382019Assets 2020: $45,772Liabilities 2020: $0Net Assets 2020: $45,7722020Assets 2021: $254,659Liabilities 2021: $0Net Assets 2021: $254,6592021Assets 2022: $469,799Liabilities 2022: $0Net Assets 2022: $469,7992022Assets 2023: $536,606Liabilities 2023: $0Net Assets 2023: $536,6062023Assets 2024: $623,699Liabilities 2024: $0Net Assets 2024: $623,6992024

Highlighted filing

2018

Assets$29,478
Liabilities$5,812
Net Assets$23,666

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2010: $130,268Expenses 2010: $119,183Net Income 2010: $11,0852010Revenue 2011: $151,391Expenses 2011: $154,395Net Income 2011: -$3,0042011Revenue 2012: $172,139Expenses 2012: $126,585Net Income 2012: $45,5542012Revenue 2013: $174,090Expenses 2013: $231,073Net Income 2013: -$56,9832013Revenue 2014: $189,402Expenses 2014: $181,906Net Income 2014: $7,4962014Revenue 2015: $434,874Expenses 2015: $375,139Net Income 2015: $59,7352015Revenue 2016: $458,716Expenses 2016: $418,066Net Income 2016: $40,6502016Revenue 2017: $612,146Expenses 2017: $588,930Net Income 2017: $23,2162017Revenue 2018: $503,949Expenses 2018: $489,175Net Income 2018: $14,7742018Revenue 2019: $574,774Expenses 2019: $525,909Net Income 2019: $48,8652019Revenue 2020: $587,471Expenses 2020: $514,931Net Income 2020: $72,5402020Revenue 2021: $732,269Expenses 2021: $523,382Net Income 2021: $208,8872021Revenue 2022: $805,768Expenses 2022: $449,414Net Income 2022: $356,3542022Revenue 2023: $901,712Expenses 2023: $834,563Net Income 2023: $67,1492023Revenue 2024: $1,143,561Expenses 2024: $1,027,414Net Income 2024: $116,1472024

Highlighted filing

2018

Revenue$503,949
Expenses$489,175
Net Income$14,774
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 5, 2019
Return Version
2018v3.1
Gross Receipts
$503,949
Mission and Program Overview

Mission

This organization helps homeless people in the Washington DC area. It receives all types of donations from many contributors, and provides all types of living necessities to people who need help.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$23,216$25,321▲ $2,105
Rtn Earn Endowment Incm Other Fnds$23,216$23,666▲ $450
Land, Buildings, and Equipment, Net$4,157$4,157→ $0
Total Assets$27,373$29,478▲ $2,105
Liabilities
Accounts Payable and Accrued Expenses$4,157$5,812▲ $1,655
Total Liabilities$4,157$5,812▲ $1,655
Net Assets / Fund Balance
Total Net Assets Fund Balance$23,216$23,666▲ $450
Total Liabilities and Net Assets / Fund Balance$27,373$29,478▲ $2,105

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,157$41,625$45,782
Other Land Buildings-$400$400
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jae Euk KimOfficerFT$45,600$45,600

Board Members and Trustees

NameTitle
Jay CHODirector
Josh CHOEDirector
Jung Sun CHOIDirector
Woo Sik HONGDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$503,949
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$503,949
Change in Net Assets
$14,774

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory7$263,256Fair Market Value
Clothing and Household Goods-$53,647Fair Market Value
Intellectual Property4$19,400Fair Market Value
Cars and Other Vehicles1$6,000Fair Market Value
Other Non Cash Contri Table1$800Fair Market Value
Total Noncash Contributions13$343,103-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$378,535
Salaries, Compensation, and Employee Benefits$68,780
Other Expenses$41,860
Total Fundraising Expense$9,100
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$378,535--$378,535
Current Officers, Directors, Trustees, and Key Employees-$45,600-$45,600
Other Salaries and Wages-$18,000-$18,000
Fees for Services Management-$10,462-$10,462
Advertising--$9,100$9,100
Office Expenses-$5,980-$5,980
Insurance-$5,844-$5,844
Payroll Taxes-$5,180-$5,180
Fees for Services Accounting-$2,660-$2,660
Other Expenses-$2,600-$2,600
Information Technology-$245-$245
Total Functional Expenses$378,535$101,540$9,100$489,175
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Federal Payroll taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Good Spoon
EIN
20-1182359
Phone
7036222559
Address
4739 Valley Street, Alexandria, VA 22312

Signing Officer

Name
Jae E Kim President
Title
05142019
Signed
2019-06-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jae Euk Kim
Formed
2004
Legal Domicile
Va
Voting Board Members
4
Independent Board Members
4
Employees
2

Preparer

Firm
YnC Virginia LLC
Address
7021 Evergreen Ct 8B-07, Annandale, VA 22003
Preparer
Jinyoung Hwang
Phone
7035954242
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Section B, Line 12

In regards to Part VI Line 12c, we regularly hold a meeting to monitor and enforce compliance with the policy. For instance we held a meeting at the end of 2017.

Raw XML Appendix386 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1FMV
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc2FMV
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc3FMV
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/CarsAndOtherVehiclesGrp/ContributionCnt01
IRS990ScheduleM/CarsAndOtherVehiclesGrp/MethodOfDeterminingRevenuesTxt0Fair Market Value
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NoncashContributionsRptF990Amt06000
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0Fair Market Value
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt053647
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt07
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0Fair Market Value
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt0263256
IRS990ScheduleM/IntellectualPropertyGrp/ContributionCnt04
IRS990ScheduleM/IntellectualPropertyGrp/MethodOfDeterminingRevenuesTxt0Fair Market Value
IRS990ScheduleM/IntellectualPropertyGrp/NonCashCheckboxInd0X
IRS990ScheduleM/IntellectualPropertyGrp/NoncashContributionsRptF990Amt019400
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Construction Service
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0Fair Market Value
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0800
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0In regards to Part VI Line 12c, we regularly hold a meeting to monitor and enforce compliance with the policy. For instance we held a meeting at the end of 2017.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part IV, Section B, Line 12
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt027373
IRS990/TotalAssetsEOYAmt029478
IRS990/TotalAssetsGrp/BOYAmt027373
IRS990/TotalAssetsGrp/EOYAmt029478
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0503949
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09100
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0101540
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0378535
IRS990/TotalFunctionalExpensesGrp/TotalAmt0489175
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04157
IRS990/TotalLiabilitiesEOYAmt05812
IRS990/TotalLiabilitiesGrp/BOYAmt04157
IRS990/TotalLiabilitiesGrp/EOYAmt05812
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt023216
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt023666
IRS990/TotalProgramServiceExpensesAmt0378535
IRS990/TotalReportableCompFromOrgAmt045600
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0503949
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt027373
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt029478
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04739 Valley St
IRS990/USAddress/CityNm0Alexandria
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022312
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0http://www.goodspoon.org/
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jae E Kim President
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt005142019
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Good Spoon
ReturnHeader/Filer/BusinessNameControlTxt0GOOD
ReturnHeader/Filer/EIN0201182359
ReturnHeader/Filer/PhoneNum07036222559
ReturnHeader/Filer/USAddress/AddressLine1Txt04739 Valley Street
ReturnHeader/Filer/USAddress/CityNm0Alexandria
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022312
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01C4333640ED29BD7770F2C3A03599D56B0E5DD96
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01C4333640ED29BD7770F2C3A03599D56B0E5DD96
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.18.204.18
ReturnHeader/FilingSecurityInformation/IPDt02019-06-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm004:53:07
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0YnC Virginia LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07021 Evergreen Ct 8B-07
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Annandale
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022003
ReturnHeader/PreparerPersonGrp/PhoneNum07035954242
ReturnHeader/PreparerPersonGrp/PreparationDt02019-06-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jinyoung Hwang
ReturnHeader/ReturnTs02019-06-05T08:39:55-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$1.14$1.03$0.12
2023Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.90$0.83$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.81$0.45$0.36
2021Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.73$0.52$0.21
2020Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.59$0.51$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.57$0.53$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.02$0.50$0.49$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.61$0.59$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.46$0.42$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.43$0.38$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.19$0.18$0.01
2013Summary only. Only limited summary data is available for this year.$0.04$0.00$0.17$0.23$0.06
2012Summary only. Only limited summary data is available for this year.$0.09$0.00$0.17$0.13$0.05
2011Summary only. Only limited summary data is available for this year.$0.04$0.00$0.15$0.15$0.00
2010Summary only. Only limited summary data is available for this year.$0.05$0.00$0.13$0.12$0.01