Civic Intelligence

Global for Good Fund Inc.

990 • Fiscal year 2022 • EIN 27-0467647

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 13, 2023

Organization ProfileWWW.GLOBAL4GOOD.ORG
800 South Street Suite 50Waltham, MA 02454-9161

(203) 315-7171

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

52nd percentile

7.6%

Higher net margin than 52% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

88th percentile

50%

Faster asset growth than 88% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

89th percentile

89%

Faster revenue growth than 89% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets17th percentile

Assets

Down

$202,467

Down $51,559 (-20%) from 2020

Net Assets

Down

$202,467

Down $9,359 (-4.4%) from 2020

Liabilities

Down

$0

Down $42,200 (-100%) from 2020

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin52nd percentile

Revenue

Up

$882,318

Up $18,497 (+2.1%) from 2020

Expenses

Down

$815,002

Down $41,463 (-4.8%) from 2020

Net Income

Up

$67,316

Up $59,960 (+815%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $297,314Liabilities 2010: $0Net Assets 2010: $297,3142010Assets 2015: $611,804Liabilities 2015: $0Net Assets 2015: $611,8042015Assets 2016: $1,150,843Liabilities 2016: $0Net Assets 2016: $1,150,8432016Assets 2017: $1,195,700Liabilities 2017: $0Net Assets 2017: $1,195,7002017Assets 2018: $286,568Liabilities 2018: $0Net Assets 2018: $286,5682018Assets 2019: $206,470Liabilities 2019: $2,000Net Assets 2019: $204,4702019Assets 2020: $254,026Liabilities 2020: $42,200Net Assets 2020: $211,8262020Assets 2022: $202,467Liabilities 2022: $0Net Assets 2022: $202,4672022Assets 2024: $269,222Liabilities 2024: $0Net Assets 2024: $269,2222024

Highlighted filing

2022

Assets$202,467
Liabilities$0
Net Assets$202,467
Open 2022 Filing

Operations Trend

Revenue Growth89th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $365,3532010Revenue 2015: $815,488Expenses 2015: $947,982Net Income 2015: -$132,4942015Revenue 2016: $2,713,801Expenses 2016: $2,174,762Net Income 2016: $539,0392016Revenue 2017: $1,515,163Expenses 2017: $1,470,306Net Income 2017: $44,8572017Revenue 2018: $525,745Expenses 2018: $1,434,877Net Income 2018: -$909,1322018Revenue 2019: $589,440Expenses 2019: $671,538Net Income 2019: -$82,0982019Revenue 2020: $863,821Expenses 2020: $856,465Net Income 2020: $7,3562020Revenue 2022: $882,318Expenses 2022: $815,002Net Income 2022: $67,3162022Revenue 2024: $826,656Expenses 2024: $1,005,477Net Income 2024: -$178,8212024

Highlighted filing

2022

Revenue$882,318
Expenses$815,002
Net Income$67,316
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 13, 2023
Return Version
2022v5.0
Gross Receipts
$1,407,536
Mission and Program Overview

Mission

The cfms fund foundation inc. Is a nonprofit group comprised of dedicated individuals, families, and companies whose mission is to improve and extend the lives of those affected by cystic fibrosis and multiple sclerosis.

Global for good fund, inc. (formerly the cfms fund foundation inc.) is a nonprofit organization comprised of dedicated individuals, families, and companies whose primary mission is to raise money to contribute to the cystic fibrosis fund, the national multiple sclerosis society and other worthy 501(c)3 organizations. As the new global for good fund, inc. Our goal is to keep our communities moving, growing and thriving. These pillars of support allow us to expand our charitable reach and make more of an impact in the communities where we live and work.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$109,407$167,968▲ $58,561
Savings and Temporary Cash Investments$23,494$23,499▲ $5
Prepaid Expenses and Deferred Charges-$7,500-
Accounts Receivable$2,250$3,500▲ $1,250
Total Assets$135,151$202,467▲ $67,316
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$135,151$202,467▲ $67,316
Total Net Assets Fund Balance$135,151$202,467▲ $67,316
Total Liabilities and Net Assets / Fund Balance$135,151$202,467▲ $67,316
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Betsy JohnsonBoard Member
Mark HellsteinBoard Member
Pj CiminiBoard Member
Alan WhiteOutgoing Boa
Dave FioravantiOutgoing Boa
Pete AtchisonOutgoing Boa
Andrew SlifkaOutgoing CHA
Sean GearyPres/secreta
Christopher DoeTreasurer
Catie KernsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$865,281
Program Service Revenue
$0
Investment Income
$5
Other Revenue
$17,032
All Other Contributions
$65,916
Change in Net Assets
$67,316

Audited Revenue Reconciliation

Revenue per Audited Statements
$882,318
Revenue Not Reported on Form 990
$558,726
Total Revenue per Audited Statements
$1,441,044
Total Revenue per Form 990
$882,318
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$750,000
Other Expenses$65,002
Total Fundraising Expense$35,186
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$750,000--$750,000
Other Expenses--$23,936$23,936
Fees for Services Management-$11,250$11,250$22,500
Fees for Services Accounting-$11,863-$11,863
Information Technology-$3,600-$3,600
Office Expenses-$1,847-$1,847
Insurance-$1,256-$1,256
Total Functional Expenses$750,000$29,816$35,186$815,002

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,373,728
Expenses per Audited Statements$815,002
Total Expenses per Form 990$815,002
Expenses Not Reported on Form 990$558,726
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Ms Society - Greater NeWaltham, MA501c3Research$150,000
Cystic Fibrosis FoundationNatick, MA501c3Research$120,000
Cystic Fibrosis Found North NeNashua, NH501c3Research$90,000
National Ms SocietyRocky Hill, CT501c3Research$90,000
Cystic Fibrosis FoundationMiddletown, CT501c3Research$60,000
Genesis Foundation for ChildrenBoston, MA3Medical Care$55,000
Jennifer Creed FoundationMilford, MA3Assistance$55,000
Cystic Fibrosis Found North NyAlbany, NY501c3Research$45,000
Ms Upstate New YorkRochester, NY501c3Research$45,000
BOSTON CHILDREN'S HOSPITALBoston, MA501c3Stem Cell Research$40,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$542,250
Fundraising Direct Expenses$525,218
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fishing Trips$1,049,817$480,750$22,135$458,615
Golf Event$254,677$61,500$8,857$52,643
Total Events$1,341,615$542,250$525,218$17,032
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 will be provided to the treasurer for review prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“The funds's conflict of interest policy is described in article 7 of the fund's bylaws and states that members of the board of directors and employees are required to disclose any conflicts of interest.”

Form 990, Page 6, Part VI, Line 15A

“The compensation of the executive director is paid for by global gp llc and she is an employee of global gp llc. Global for good calculates a contribution of nonfinancial assets on the financial statements to allocate a portion of her time to global for good. This amount is reported on the financial statements as both a contribution and an expense and is shown on schedule d page 4 of form 990, in the reconciliaton of revenue and expenses from the 990 to the financial statements.”

Form 990, Page 6, Part VI, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Global for Good Fund Inc
EIN
27-0467647
Phone
2033157171
Address
800 SOUTH STREET SUITE 50, WALTHAM, MA 02454-9161

Signing Officer

Name
Christopher Doe
Title
Treasurer
Signed
2023-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sean Geary
Formed
2009
Legal Domicile
Ct
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
20

Preparer

Firm
COMER & COMPANY CPA'S LLC
Address
61 MAIN STREET, MIDDLETOWN, CT 06457-3408
Preparer
Thomas D Comer CPA
Phone
8603462100
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Global for good fund, inc. (formerly the cfms fund foundation inc.) is a nonprofit organization comprised of dedicated individuals, families, and companies whose primary mission is to raise money to contribute to the cystic fibrosis fund, the national multiple sclerosis society and other worthy 501(c)3 organizations. As the new global for good fund, inc. Our goal is to keep our communities moving, growing and thriving. These pillars of support allow us to expand our charitable reach and make more of an impact in the communities where we live and work.”

Form 990, Part XI, Line 9

“Fundraising expenses included with expenses 525,218 fundraising expenses not netted with expenses -525,218”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“Fundraising expenses included with expenses 525,218”

Schedule D, Page 4, Part XII, Line 2D

“Fundraising expenses not netted with expenses 525,218”

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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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0594145
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0521974
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01462638
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IRS990ScheduleA/TotalSupportAmt03281469
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/DonatedServicesUseFcltsAmt033508
IRS990ScheduleD/ExpensesNotReportedAmt0558726
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IRS990ScheduleD/OtherExpensesIncludedAmt0525218
IRS990ScheduleD/OtherRevenueAmt0525218
IRS990ScheduleD/RevenueNotReportedAmt0558726
IRS990ScheduleD/RevenueSubtotalAmt0882318
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES INCLUDED WITH EXPENSES 525,218
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES NOT NETTED WITH EXPENSES 525,218
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalExpensesPerForm990Amt0815002
IRS990ScheduleD/TotalRevenuePerForm990Amt0882318
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01441044
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01373728
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0799365
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0569067
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0193177
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt037121
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0525218
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt072557
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt032600
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0105157
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FISHING TRIPS
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0168736
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt01049817
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt037121
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0480750
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt030992
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt022135
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0199529
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0199529
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt090000
IRS990ScheduleI/RecipientTable/CashGrantAmt1120000
IRS990ScheduleI/RecipientTable/CashGrantAmt2150000
IRS990ScheduleI/RecipientTable/CashGrantAmt360000
IRS990ScheduleI/RecipientTable/CashGrantAmt440000
IRS990ScheduleI/RecipientTable/CashGrantAmt545000
IRS990ScheduleI/RecipientTable/CashGrantAmt690000
IRS990ScheduleI/RecipientTable/CashGrantAmt745000
IRS990ScheduleI/RecipientTable/CashGrantAmt855000
IRS990ScheduleI/RecipientTable/CashGrantAmt955000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc83
IRS990ScheduleI/RecipientTable/IRCSectionDesc93
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4STEM CELL RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9MEDICAL CARE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NATIONAL MS SOCIETY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CYSTIC FIBROSIS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2NATIONAL MS SOCIETY - GREATER NE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3CYSTIC FIBROSIS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4BOSTON CHILDREN'S HOSPITAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5MS UPSTATE NEW YORK
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6CYSTIC FIBROSIS FOUND NORTH NE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7CYSTIC FIBROSIS FOUND NORTH NY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8JENNIFER CREED FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9GENESIS FOUNDATION FOR CHILDREN
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1220 NORTH MAIN STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2101A FIRST AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3101 CENTERPOINT DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4300 LONGWOOD AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt51000 ELMWOOD AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6114 PERIMETER ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7455 PATROON CREEK BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8PO BOX 52
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt960 TEMPLE PLACE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt0SUITE 107
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt1SUITE 108
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt22ND FLOOR
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ROCKY HILL
IRS990ScheduleI/RecipientTable/USAddress/CityNm1NATICK
IRS990ScheduleI/RecipientTable/USAddress/CityNm2WALTHAM
IRS990ScheduleI/RecipientTable/USAddress/CityNm3MIDDLETOWN
IRS990ScheduleI/RecipientTable/USAddress/CityNm4BOSTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm5ROCHESTER
IRS990ScheduleI/RecipientTable/USAddress/CityNm6NASHUA
IRS990ScheduleI/RecipientTable/USAddress/CityNm7ALBANY
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IRS990ScheduleI/RecipientTable/USAddress/CityNm9BOSTON
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MA
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3CT
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6NH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8MA

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$202,467
Liabilities
$0
Net assets
$202,467
Revenue
$882,318
Expenses
$815,002
Net income
$67,316
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.00$0.27$0.83$1.01$0.18
2022Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.88$0.82$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.04$0.21$0.86$0.86$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.00$0.20$0.59$0.67$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.00$0.29$0.53$1.43$0.91
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.00$1.20$1.52$1.47$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.00$1.15$2.71$2.17$0.54
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.00$0.61$0.82$0.95$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.00$0.30$0.37
Peer Organizations

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