Civic Intelligence

Good Works Inc.

990 • Fiscal year 2014 • EIN 31-1119704

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 07, 2015

PO Box 4Athens, OH 45701

(740) 594-3339

Siviq Scores

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

Liabilities / Assets

21st percentile

0.01x

Higher debt load relative to assets than 21% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

19th percentile

0.01x

Higher debt load relative to revenue than 19% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

63rd percentile

7.6%

Higher net margin than 63% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

51st percentile

$64,842

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

61st percentile

5.4%

Faster asset growth than 61% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

67th percentile

12%

Faster revenue growth than 67% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,257,232

Up $64,884 (+5.4%) from 2013

Net Assets

Up

$1,250,662

Up $63,100 (+5.3%) from 2013

Liabilities

Up

$6,570

Up $1,784 (+37%) from 2013

Revenue

Up

$826,574

Up $91,427 (+12%) from 2013

Expenses

Down

$763,473

Down $17,918 (-2.3%) from 2013

Net Income

Up

$63,101

Up $109,345 (+236%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,238,355Liabilities 2010: $5,144Net Assets 2010: $1,233,2112010Assets 2011: $1,281,399Liabilities 2011: $7,911Net Assets 2011: $1,273,4882011Assets 2012: $1,237,611Liabilities 2012: $3,805Net Assets 2012: $1,233,8062012Assets 2013: $1,192,348Liabilities 2013: $4,786Net Assets 2013: $1,187,5622013Assets 2014: $1,257,232Liabilities 2014: $6,570Net Assets 2014: $1,250,6622014Assets 2015: $1,258,776Liabilities 2015: $7,621Net Assets 2015: $1,251,1552015Assets 2016: $1,226,525Liabilities 2016: $4,335Net Assets 2016: $1,222,1902016Assets 2017: $1,163,774Liabilities 2017: $3,851Net Assets 2017: $1,159,9232017Assets 2018: $1,208,711Liabilities 2018: $3,416Net Assets 2018: $1,205,2952018Assets 2019: $1,371,138Liabilities 2019: $135,842Net Assets 2019: $1,235,2962019Assets 2020: $1,744,012Liabilities 2020: $218,676Net Assets 2020: $1,525,3362020Assets 2021: $2,251,173Liabilities 2021: $9,195Net Assets 2021: $2,241,9782021Assets 2022: $2,478,348Liabilities 2022: $13,440Net Assets 2022: $2,464,9082022Assets 2023: $3,068,734Liabilities 2023: $7,572Net Assets 2023: $3,061,1622023Assets 2024: $3,346,421Liabilities 2024: $6,499Net Assets 2024: $3,339,9222024

Highlighted filing

2014

Assets$1,257,232
Liabilities$6,570
Net Assets$1,250,662

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $636,3292010Expenses 2011: $661,9492011Expenses 2012: $766,4692012Revenue 2013: $735,147Expenses 2013: $781,391Net Income 2013: -$46,2442013Revenue 2014: $826,574Expenses 2014: $763,473Net Income 2014: $63,1012014Revenue 2015: $748,151Expenses 2015: $747,659Net Income 2015: $4922015Revenue 2016: $678,157Expenses 2016: $707,122Net Income 2016: -$28,9652016Revenue 2017: $675,296Expenses 2017: $737,563Net Income 2017: -$62,2672017Revenue 2018: $788,441Expenses 2018: $743,159Net Income 2018: $45,2822018Revenue 2019: $718,514Expenses 2019: $688,767Net Income 2019: $29,7472019Revenue 2020: $889,267Expenses 2020: $599,227Net Income 2020: $290,0402020Revenue 2021: $1,321,166Expenses 2021: $604,524Net Income 2021: $716,6422021Revenue 2022: $843,253Expenses 2022: $618,530Net Income 2022: $224,7232022Revenue 2023: $1,296,303Expenses 2023: $708,706Net Income 2023: $587,5972023Revenue 2024: $1,031,329Expenses 2024: $767,536Net Income 2024: $263,7932024

Highlighted filing

2014

Revenue$826,574
Expenses$763,473
Net Income$63,101
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 7, 2015
Return Version
2014v5.0
Gross Receipts
$826,874
Mission and Program Overview

Mission

Good Works, Inc. exists to connect people from all walks of life with people in poverty so that the Kingdom of God can be experienced at a cost commensurate with stated priorities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,187,562$1,250,662▲ $63,100
Savings and Temporary Cash Investments$793,246$884,696▲ $91,450
Land, Buildings, and Equipment, Net$363,143$339,661▼ $23,482
Inventories for Sale or Use$25,512$22,122▼ $3,390
Investments in Publicly Traded Securities$10,006$10,312▲ $306
Total Assets$1,192,348$1,257,232▲ $64,884
Other Assets Total$441$441→ $0
Liabilities
Accounts Payable and Accrued Expenses$4,786$6,570▲ $1,784
Total Liabilities$4,786$6,570▲ $1,784
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,187,562$1,250,662▲ $63,100
Total Liabilities and Net Assets / Fund Balance$1,192,348$1,257,232▲ $64,884

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$294,457$251,196$545,653
Equipment$4,566$71,631$76,197
Other Land Buildings$15,619$28,539$44,158
Land$25,019-$25,019
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Keith WassermanExecutive DirectorFT$64,842$64,842

Board Members and Trustees

NameTitle
Linda RichardsonChairman
Angel CrowellBoard Member
Bob BaurBoard Member
Mark EggenschwillerBoard Member
Mark LeemanBoard Member
Dean BachelorSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$822,088
Program Service Revenue
$400
Investment Income
$1,162
Other Revenue
$2,924
All Other Contributions
$819,088
Change in Net Assets
$63,101

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory21,000$42,000Estimated cost of food
Cars and Other Vehicles13$34,590Kelley Blue Book value
Total Noncash Contributions21,013$76,590-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$544,040
Other Expenses$219,433
Total Fundraising Expense$47,188
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$327,887$87,437$21,859$437,183
Current Officers, Directors, Trustees, and Key Employees$25,937$32,421$6,484$64,842
Payroll Taxes$29,355$10,064$2,516$41,935
Other Expenses$41,257$120$4,015$41,257
Occupancy$35,863$3,985-$39,848
Depreciation Depletion$24,446$2,716-$27,162
Office Expenses$3,927$5,890$9,818$19,635
Insurance$14,450$1,606-$16,056
Travel$2,491$4,981$2,491$9,963
All Other Expenses$6,432--$6,432
Fees for Services Accounting-$4,530-$4,530
Other Employee Benefits$56$19$5$80
Total Functional Expenses$557,357$158,928$47,188$763,473
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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, Part VI, Section B, Line 11A

A copy of the 990 Return is sent to the executive director for review and then copies are sent to the board members for review before the 990 Return is filed with the IRS.

Form 990, Part VI, Section B, Line 12C

Members of the board are scheduled for monitoring inspections and evaluations of the organizationss policies on quarterly, semi-annual, and annual intervals.

Form 990, Part VI, Section B, Line Line 15A 15B

The members of the board determines the executive directors salary based on all relevant data including both internal external factors. The executive director determines staff salaries based on a variety of factors and evaluations.

Form 990, Part VI, Section C, Line 19

Upon request, the organization makes available to the public copies of its 990 Returns, governing documents, and polices that are required for public inspection.

Filing and Contact Details

Filer

Filer Name
Good Works Inc
EIN
31-1119704
Phone
7405943339
Address
PO BOX 4, ATHENS, OH 45701

Signing Officer

Name
Linda Richardson
Title
Board Chairman
Phone
7405943333
Signed
2015-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith Wasserman
Formed
1984
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
6
Employees
40
Volunteers
1,100

Preparer

Firm
Wayne Strickland CPA
Address
326 W UNION STREET, ATHENS, OH 45701
Preparer
Wayne Strickland CPA
Phone
7405936121
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IRS990/PYOtherRevenueAmt02719
IRS990/PYProgramServiceRevenueAmt0605
IRS990/PYRevenuesLessExpensesAmt0-46244
IRS990/PYSalariesCompEmpBnftPaidAmt0551418
IRS990/PYTotalExpensesAmt0781391
IRS990/PYTotalRevenueAmt0735147
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt063101
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt02917
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0400
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01187562
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01250662
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0793246
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0884696
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0745497
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0730139
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0710646
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0696672
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0674050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03557004
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04079
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04496
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt07181
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05554
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt08701
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt030011
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99160
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.98940
IRS990ScheduleA/PublicSupportTotal170Amt03557004
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0745497
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0730139
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0710646
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0696672
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0674050
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03557004
IRS990ScheduleA/TotalSupportAmt03587015
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0294457
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0251196
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0545653
IRS990ScheduleD/EquipmentGrp/BookValueAmt04566
IRS990ScheduleD/EquipmentGrp/DepreciationAmt071631
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt076197
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt025019
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt025019
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015619
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt028539
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt044158
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0339661
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/CarsAndOtherVehiclesGrp/ContributionCnt013
IRS990ScheduleM/CarsAndOtherVehiclesGrp/MethodOfDeterminingRevenuesTxt0Kelley Blue Book value
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NoncashContributionsRptF990Amt034590
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt021000
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0Estimated cost of food
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt042000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the 990 Return is sent to the executive director for review and then copies are sent to the board members for review before the 990 Return is filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members of the board are scheduled for monitoring inspections and evaluations of the organizationss policies on quarterly, semi-annual, and annual intervals.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The members of the board determines the executive directors salary based on all relevant data including both internal external factors. The executive director determines staff salaries based on a variety of factors and evaluations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Upon request, the organization makes available to the public copies of its 990 Returns, governing documents, and polices that are required for public inspection.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line Line 15a 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01192348
IRS990/TotalAssetsEOYAmt01257232
IRS990/TotalAssetsGrp/BOYAmt01192348
IRS990/TotalAssetsGrp/EOYAmt01257232
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0822088
IRS990/TotalEmployeeCnt040
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt047188
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0158928
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0557357
IRS990/TotalFunctionalExpensesGrp/TotalAmt0763473
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04786
IRS990/TotalLiabilitiesEOYAmt06570
IRS990/TotalLiabilitiesGrp/BOYAmt04786
IRS990/TotalLiabilitiesGrp/EOYAmt06570
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01187562
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01250662
IRS990/TotalProgramServiceExpensesAmt0557357
IRS990/TotalProgramServiceRevenueAmt0400
IRS990/TotalReportableCompFromOrgAmt064842
IRS990/TotalRevenueGrp/ExclusionAmt04086
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0400
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0826574
IRS990/TotalVolunteersCnt01100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01192348
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01257232
IRS990/TravelGrp/FundraisingAmt02491
IRS990/TravelGrp/ManagementAndGeneralAmt04981
IRS990/TravelGrp/ProgramServicesAmt02491
IRS990/TravelGrp/TotalAmt09963
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt016 Currier Street
IRS990/USAddress/CityNm0Athens
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd045701

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$0.01$3.34$1.03$0.77$0.26
2023Detailed filing. Detailed filing data is available for this year.$3.07$0.01$3.06$1.30$0.71$0.59
2022Detailed filing. Detailed filing data is available for this year.$2.48$0.01$2.46$0.84$0.62$0.22
2021Detailed filing. Detailed filing data is available for this year.$2.25$0.01$2.24$1.32$0.60$0.72
2020Detailed filing. Detailed filing data is available for this year.$1.74$0.22$1.53$0.89$0.60$0.29
2019Detailed filing. Detailed filing data is available for this year.$1.37$0.14$1.24$0.72$0.69$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.79$0.74$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.68$0.74$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.22$0.68$0.71$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.26$0.01$1.25$0.75$0.75$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.26$0.01$1.25$0.83$0.76$0.06
2013Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.74$0.78$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.00$1.23$0.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.01$1.27$0.66
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.01$1.23$0.64