Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
EIN 87-2551276 • 501(c)3 • Westminster, CO
Profile
The Good Foundation exists to improve the health of vulnerable populations by creating sustainable livelihoods through economic empowerment. The Good Foundation operates businesses Global Thrift stores in the United States. That revenue then funds small businesses internationally among displaced people creating jobs and providing income. All revenue from business then pays operating costs and salaries and provides humanitarian aid to those in need in the areas where we work.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
56th percentile
Higher net margin than 56% of similar nonprofits.
Top Officer Pay
88th percentile
Higher top officer pay than 88% of similar nonprofits.
Top officer pay equals 6.2% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
62nd percentile
Faster revenue growth than 62% of similar nonprofits.
Assets
Up$31,612
Up $16,922 (+115%) from 2023
Liabilities
Up$15,115
Up $536 (+3.7%) from 2023
Net Assets
Up$16,497
Up $16,386 (+14762%) from 2023
Revenue
Up$356,196
Up $27,154 (+8.3%) from 2023
Expenses
Up$339,810
Up $1,500 (+0.4%) from 2023
Net Income
Up$16,386
Up $25,654 (+277%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $0.32 | $0.15 | $0.16 | $3.56 | $3.40 | $0.16 |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.15 | $0.15 | $0.00 | $3.29 | $3.38 | $0.09 |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.18 | $0.14 | $0.04 | $1.68 | $1.64 | $0.04 |
The Good Foundation exists to improve the health of vulnerable populations by creating sustainable livelihoods through economic empowerment. The Good Foundation operates businesses Global Thrift stores in the United States. That revenue then funds small businesses internationally among displaced people creating jobs and providing income. All revenue from business then pays operating costs and salaries and provides humanitarian aid to those in need in the areas where we work.
he Good Foundation exists to improve the health of vulnerable populations by creating sustainable livelihoods through economic empowerment. The Good Foundation operates businesses Global Thrift stores in the United States. That revenue then funds small businesses internationally among displaced people creating jobs and providing income. All revenue from business then pays operating costs and salaries and provides humanitarian aid to those in need in the areas where we work.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $7,053 | $23,975 | ▲ $16,922 |
| Cap Stk Tr Prin Current Funds | $111 | $16,497 | ▲ $16,386 |
| Loans From Officers Directors | $13,443 | $10,744 | ▼ $2,699 |
| Prepaid Expenses and Deferred Charges | $7,637 | $7,637 | → $0 |
| Savings and Temporary Cash Investments | $0 | $0 | → $0 |
| Accounts Receivable | $0 | $0 | → $0 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Pledges and Grants Receivable | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Investments in Publicly Traded Securities | $0 | $0 | → $0 |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Total Assets | $14,690 | $31,612 | ▲ $16,922 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $1,136 | $2,481 | ▲ $1,345 |
| Other Liabilities | $0 | $1,890 | ▲ $1,890 |
| Accounts Payable and Accrued Expenses | $0 | $0 | → $0 |
| Grants Payable | $0 | $0 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Deferred Revenue | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $14,579 | $15,115 | ▲ $536 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $111 | $16,497 | ▲ $16,386 |
| Total Liabilities and Net Assets / Fund Balance | $14,690 | $31,612 | ▲ $16,922 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Mary Hooper | Manager | FT | $22,200 | $22,200 |
| Jaden McNeely | Director | PT | $18,000 | $18,000 |
| Shaunessy Kieng | Director | PT | $18,000 | $18,000 |
| Christine Dihle | Manager | PT | $14,250 | $14,250 |
| Line Item | Amount |
|---|---|
| Other Expenses | $183,938 |
| Salaries, Compensation, and Employee Benefits | $120,872 |
| Grants and Similar Amounts Paid | $35,000 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $0 | $150,031 | $0 | $150,031 |
| Current Officers, Directors, Trustees, and Key Employees | $0 | $100,191 | $0 | $100,191 |
| Foreign Grants | $35,000 | - | - | $35,000 |
| Office Expenses | $0 | $22,750 | $0 | $22,750 |
| Other Employee Benefits | $0 | $20,681 | $0 | $20,681 |
| Fees for Services Accounting | $0 | $4,215 | $0 | $4,215 |
| Insurance | $0 | $3,238 | $0 | $3,238 |
| Advertising | $0 | $2,461 | $0 | $2,461 |
| Fees for Services Legal | $0 | $675 | $0 | $675 |
| Conferences and Meetings | $0 | $568 | $0 | $568 |
| Total Functional Expenses | $35,000 | $304,810 | $0 | $339,810 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Sub-Saharan Africa | Grants to recipients | Medical facilities | 0 | 0 | $34,650 |
| South Asia | Grants to recipients | Refugee support | 0 | 0 | $350 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $13,443 | $10,744 | ▼ $2,699 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Liability | Amount |
|---|---|
| Sales tax payable | $1,696 |
| Gift Cards Adjusted | $194 |
“| Employee: Relationship: Employee:| Shaunessy Kieng Family Relationship Jaden McNeely| Jaden McNeely Family Relationship Shaunessy Kieng|”
“Preparer shares the draft with directors who review and sign the e-file form.”
“No documents available to the public”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/ActivityOrMissionDesc | 0 | he Good Foundation exists to improve the health of vulnerable populations by creating sustainable livelihoods through economic empowerment. The Good Foundation operates businesses Global Thrift stores in the United States. That revenue then funds small businesses internationally among displaced people creating jobs and providing income. All revenue from business then pays operating costs and salaries and provides humanitarian aid to those in need in the areas where we work. |
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| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 2461 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 23975 |
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| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 35000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 70 |
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| IRS990/CYProgramServiceRevenueAmt | 0 | 356126 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 16386 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 120872 |
| IRS990/CYTotalExpensesAmt | 0 | 339810 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 356196 |
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| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 0 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 0 |
| IRS990/Desc | 0 | The Good Foundation operates thrift stores in the United States generating revenue that funds small businesses internationally among displaced people creating jobs and providing income. All revenue from business then pays operating costs and salaries and provides humanitarian aid to those in need in the areas where we work. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 10.00 |
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| IRS990/MissionDesc | 0 | The Good Foundation exists to improve the health of vulnerable populations by creating sustainable livelihoods through economic empowerment. The Good Foundation operates businesses Global Thrift stores in the United States. That revenue then funds small businesses internationally among displaced people creating jobs and providing income. All revenue from business then pays operating costs and salaries and provides humanitarian aid to those in need in the areas where we work. |
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| IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt | 0 | Shaunessy Kieng |
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| IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt | 0 | 0 |
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