Civic Intelligence

The Good Tidings Foundation

990 • Fiscal year 2017 • EIN 94-3219013

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

1469 Rollins RoadBurlingame, CA 94010

(800) 824-7366

Siviq Scores

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

Liabilities / Assets

24th percentile

0.04x

Higher debt load relative to assets than 24% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

52nd percentile

0.25x

Higher debt load relative to revenue than 52% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

30th percentile

-1.2%

Higher net margin than 30% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$169,000

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 10.6% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

59th percentile

7.3%

Faster asset growth than 59% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

2nd percentile

-64%

Faster revenue growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$10,149,768

Up $688,497 (+7.3%) from 2016

Net Assets

Up

$9,746,248

Up $597,330 (+6.5%) from 2016

Liabilities

Up

$403,520

Up $91,167 (+29%) from 2016

Revenue

Down

$1,590,162

Down $2,884,879 (-64%) from 2016

Expenses

Up

$1,608,994

Up $97,992 (+6.5%) from 2016

Net Income

Down

-$18,832

Down $2,982,871 (-101%) from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $2,843,942Liabilities 2010: $22,779Net Assets 2010: $2,821,1632010Assets 2011: $3,246,910Liabilities 2011: $40,221Net Assets 2011: $3,206,6892011Assets 2012: $3,364,575Liabilities 2012: $83,999Net Assets 2012: $3,280,5762012Assets 2013: $4,392,653Liabilities 2013: $125,991Net Assets 2013: $4,266,6622013Assets 2014: $5,841,768Liabilities 2014: $229,636Net Assets 2014: $5,612,1322014Assets 2015: $6,206,664Liabilities 2015: $261,353Net Assets 2015: $5,945,3112015Assets 2016: $9,461,271Liabilities 2016: $312,353Net Assets 2016: $9,148,9182016Assets 2017: $10,149,768Liabilities 2017: $403,520Net Assets 2017: $9,746,2482017Assets 2018: $9,673,285Liabilities 2018: $243,566Net Assets 2018: $9,429,7192018Assets 2019: $10,390,288Liabilities 2019: $285,458Net Assets 2019: $10,104,8302019Assets 2020: $12,092,203Liabilities 2020: $344,051Net Assets 2020: $11,748,1522020Assets 2021: $13,487,110Liabilities 2021: $298,822Net Assets 2021: $13,188,2882021Assets 2022: $11,430,836Liabilities 2022: $487,839Net Assets 2022: $10,942,9972022Assets 2023: $13,359,118Liabilities 2023: $617,630Net Assets 2023: $12,741,4882023Assets 2024: $13,623,889Liabilities 2024: $637,713Net Assets 2024: $12,986,1762024

Highlighted filing

2017

Assets$10,149,768
Liabilities$403,520
Net Assets$9,746,248

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $915,9562010Expenses 2011: $949,3262011Expenses 2012: $1,380,7342012Revenue 2013: $1,941,527Expenses 2013: $1,229,988Net Income 2013: $711,5392013Revenue 2014: $2,989,667Expenses 2014: $1,539,187Net Income 2014: $1,450,4802014Revenue 2015: $1,809,295Expenses 2015: $1,359,864Net Income 2015: $449,4312015Revenue 2016: $4,475,041Expenses 2016: $1,511,002Net Income 2016: $2,964,0392016Revenue 2017: $1,590,162Expenses 2017: $1,608,994Net Income 2017: -$18,8322017Revenue 2018: $1,695,574Expenses 2018: $1,295,988Net Income 2018: $399,5862018Revenue 2019: $1,358,554Expenses 2019: $1,272,696Net Income 2019: $85,8582019Revenue 2020: $1,811,693Expenses 2020: $1,305,196Net Income 2020: $506,4972020Revenue 2021: $1,505,021Expenses 2021: $1,022,740Net Income 2021: $482,2812021Revenue 2022: $1,592,821Expenses 2022: $1,553,379Net Income 2022: $39,4422022Revenue 2023: $1,768,931Expenses 2023: $1,637,926Net Income 2023: $131,0052023Revenue 2024: $1,450,483Expenses 2024: $1,513,546Net Income 2024: -$63,0632024

Highlighted filing

2017

Revenue$1,590,162
Expenses$1,608,994
Net Income-$18,832
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.2
Gross Receipts
$1,691,005
Mission and Program Overview

Mission

Arts, education, athletics & dreams for youth from greater bay area communities of need

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,931,324$6,808,824▲ $1,877,500
Pledges and Grants Receivable$2,714,505$1,966,076▼ $748,429
Savings and Temporary Cash Investments$963,524$570,542▼ $392,982
Cash and Non-Interest-Bearing Accounts$508,035$488,866▼ $19,169
Land, Buildings, and Equipment, Net$85,459$69,284▼ $16,175
Accounts Receivable$13,999$0▼ $13,999
Prepaid Expenses and Deferred Charges$2,346$2,346→ $0
Total Assets$9,461,271$10,149,768▲ $688,497
Other Assets Total$242,079$243,830▲ $1,751
Liabilities
Grants Payable$150,000$175,000▲ $25,000
Deferred Revenue-$97,000-
Accounts Payable and Accrued Expenses$111,360$78,641▼ $32,719
Other Liabilities$50,993$52,879▲ $1,886
Total Liabilities$312,353$403,520▲ $91,167
Net Assets / Fund Balance
Permanently Rstr Net Assets$6,016,638$6,129,450▲ $112,812
Temporarily Rstr Net Assets$1,365,653$1,964,438▲ $598,785
Unrestricted Net Assets$1,766,627$1,652,360▼ $114,267
Total Net Assets Fund Balance$9,148,918$9,746,248▲ $597,330
Total Liabilities and Net Assets / Fund Balance$9,461,271$10,149,768▲ $688,497

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$48,106$27,848$75,954
Leasehold Improvements$14,033$44,227$58,260
Equipment$7,145$18,250$25,395

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$7,846,282$112,812▲ $893,479$300,000$8,552,573
2016$4,334,563$3,326,944▲ $369,233$184,458$7,846,282
2015$3,366,168$1,103,052▼ $134,657-$4,334,563
2014$3,064,284$137,825▲ $164,059-$3,366,168
2013$2,566,334$117,500▲ $380,450-$3,064,284
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Larry HarperExec Director / SecFT$158,000$11,000$169,000

Board Members and Trustees

NameTitle
Matthew KingPresident
Jerri Kay-phillipsVice President
Aaron BarulichTrustee
Bridgette HarperTrustee
David FlemmingTrustee
Donna OtisTrustee
Drew HagenTrustee
Glenn DekrakerTrustee
John McnultyTrustee
Kim PopovitsTrustee
Rich SarrisTrustee
Ron FranksTrustee
Marritje GreeneCo-treasurer
Rick LyonsCo-treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,347,508
Program Service Revenue
$0
Investment Income
$297,074
Other Revenue
$-54,420
All Other Contributions
$1,030,588
Change in Net Assets
$-18,832
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,037,762
Salaries, Compensation, and Employee Benefits$471,232
Total Fundraising Expense$117,501
Grants and Similar Amounts Paid$100,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$194,905$22,929$11,465$229,299
Other Salaries and Wages$80,345$43,805$37,360$161,510
Grants to Domestic Individuals$100,000--$100,000
Other Employee Benefits$20,599$10,001$7,866$38,466
Insurance$3,992$31,443-$35,435
All Other Expenses$15,150$14,398$4,757$34,305
Office Expenses$7,788$21,900$3,087$32,775
Depreciation Depletion$10,727$10,411$10,411$31,549
Occupancy$12,000$16,922-$28,922
Fees for Services Accounting-$26,350-$26,350
Payroll Taxes$17,556$3,763$3,638$24,957
Other Expenses$46,573$328$21,053$21,381
Pension Plan Contributions$7,000$4,250$5,750$17,000
Fees for Service Investment Mgmnt Fees-$6,028-$6,028
Conferences and Meetings$86$4,589-$4,675
Travel$1,197$2,978$56$4,231
Interest-$2,770-$2,770
Advertising--$2,058$2,058
Fees for Services Other-$545-$545
Total Functional Expenses$1,267,858$223,635$117,501$1,608,994
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$100,843
Fundraising Gross Income$44,800
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Palooza$361,720$44,800$17,109$27,691
Total Events$361,720$44,800$100,843$-56,043
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ally Financial$52,879
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 A, Line 2

Line 2 explanation - larry harper (executive director/board secretary) is the father of bridgette harper (board member).

Form 990, Part VI, Section A, Line 8B

Board minutes are maintained for all board of directors meetings. Good tidings does not have committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

Line 11b explanation - copy of form 990 is distributed to the board of directors electronically before filing. The board responds with any comments or changes.

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

Board members certify annually any conflicts of interest relative to the organization.

Form 990, Part VI, Section B, Line 15

Board and management review compensation for comparable positions within similar types of organizations before determining employee compensation.

Form 990, Part VI, Section C, Line 19

PROVIDED UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Good Tidings Foundation
EIN
94-3219013
Phone
8008247366
Address
1469 ROLLINS ROAD, BURLINGAME, CA 94010

Signing Officer

Name
Larry Harper
Title
Exec. Director / Sec
Phone
8008247366
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Harper
Formed
1995
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
13
Employees
4
Volunteers
150

Preparer

Firm
Singerlewak Llp
Address
262 GRAND AVENUE, S SAN FRANCISCO, CA 94080
Preparer
Bruce Wright
Phone
6508727600
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Good tidings foundation, founded in 1995, is a 501(c)(3) children's charity that looks to equally support arts, education, athletics and dreams for youth from communities of need in the greater bay area.

Form 990, Part III, Line 1

Good tidings foundation, founded in 1995, is a 501(c)(3) children's charity that looks to equally support arts, education, athletics and dreams for youth from communities of need in northern california. We engage in charitable partnerships with professional sports teams, pro athletes and other leaders who share our vision on how to create projects within our mission. We believe that every child deserves to have the means to achieve their dreams regardless of financial status, ethnic origin, religion or region of living. It is the spirit of the holiday season, which we were founded upon, with the joy of giving in its simplest form that we look to emulate all year long. Our 'mission over money' philosophy is the foundation for everything we do.

Form 990, Part III, Line 4A

Arts - in 2017, good tidings continued to build two leroy neiman art studios each calendar year. In may, we opened a studio at the east oakland youth development center in oakland, california. The studio offers art classes to the approximately 2,000 children who use the center. In september, we dedicated another art studio at the mission boys and girls club in san francisco, california. The studio is available for classes to the 150 children who use the center each day. We continue to purchase all the art supplies annually for the 10 leroy neiman studios we have built. Our traditional art studio environment fosters creativity and imagination. Integrating their school curriculum with visual art fundamentals, students experience high-level structured classes while embracing different cultures. These classes enhance critical thinking and develop cognitive, social and personal competencies.

Form 990, Part III, Line 4C

Athletics - in 2017 we built/refurbished: greenman baseball field in oakland, lincoln square park basketball courts in oakland, bayview ymca basketball court in san francisco, madera park basketball court in sacramento, kipp bridge academy basketball court in oakland, tel hi neighborhood center basketball courts in san francisco, boys and girls club of the peninsula basketball court in redwood city, jack davis park basketball court in sacramento, washington park basketball courts in alameda, hunters point neighborhood center basketball court in san francisco, sakamoto elementary school street hockey court in san jose, youth uprising basketball court in oakland, and tennyson high school baseball field in hayward. Every location undergoes a drastic makeover, transforming them from unusable to state-of-the-art. These renovations develop the community structurally and enable impressionable children to develop physically, emotionally and psychologically in a safe environment. Our facilities turned abandoned, needle-littered dead space into family activity zones and community gathering areas. They become destinations and bring excitement and value to communities, drawing families out of their homes to engage with neighbors.

Financial Statement Notes

PART III, LINE 4:

Art was donated by the leroy neiman foundation for the purpose of fundraising to support the organization's exempt purpose.

PART V, LINE 4:

Upon approval from 51% of the board of directors, the foundation can withdraw a maximum of 5% of the endowment funds each calendar year to support the operations of good tidings.

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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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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXEC DIR / SEC
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3CO-TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CO-TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
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IRS990/OtherExpensesGrp/Desc0ATHLETICS FIELD RESTORA
IRS990/OtherExpensesGrp/Desc1ART STUDIO CONSTRUCTION
IRS990/OtherExpensesGrp/Desc2OTHER PROJECT EXPENSES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0225
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IRS990/OtherExpensesGrp/TotalAmt1176388
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IRS990/OtherExpensesGrp/TotalAmt321381
IRS990/OtherLiabilitiesGrp/BOYAmt050993
IRS990/OtherLiabilitiesGrp/EOYAmt052879
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IRS990/PayrollTaxesGrp/ProgramServicesAmt017556
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IRS990/PrincipalOfficerNm0LARRY HARPER
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IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION - WE AWARD 10 SCHOLARSHIPS OF $10,000 EACH, TOTALING $100,000. WE HAVE AWARDED NEARLY 400 STUDENTS $1,517,000 IN SCHOLARSHIP FUNDING OVER THE YEARS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0137776
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0100000
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0DREAMS - THE GOOD TIDINGS FOUNDATION DREAMS PROGRAM INCLUDES ROCK STAR ROAD TRIPS AND THE HOLIDAY TOY GIVEAWAY. THE ROCK STAR ROAD TRIPS PROGRAM INTRODUCES TEENS TO INFLUENTIAL PROFESSIONALS AND LEADERS IN THEIR RESPECTIVE FIELDS ON DAY-LONG OUTINGS TO INSPIRE AND ENCOURAGE THEM TO DREAM BIG. OFTEN TIMES, INNER-CITY YOUTH CANNOT PICTURE THEMSELVES OUT OF THEIR ENVIRONMENT - IT IS A VICIOUS CYCLE THAT HOLDS THEM DOWN. ROCK STAR ROAD TRIPS EXPOSE TEENS TO NEW POSSIBILITIES AND TO MENTORS THAT CAN SHOW THEM HOW DREAMS ARE MADE POSSIBLE. A DAY SPENT WITH INFLUENTIAL PROFESSIONALS AND LEADERS MAKES THE IDEA OF DREAMS TANGIBLE AND IMAGINABLE. GOOD TIDINGS FOUNDATION BEGAN BACK IN 1995 AS A HOLIDAY TOY GIVEAWAY CHARITY IN OUR FOUNDER'S GARAGE. ALTHOUGH WE'VE EVOLVED AND HAVE GONE ON TO SERVE THOUSANDS OF UNDERSERVED YOUTH IN OUR KEY AREAS OF ARTS, EDUCATION, ATHLETICS AND DREAMS, WE HAVE CONTINUED TO DONATE THOUSANDS OF TOYS TO CHILDREN EACH YEAR DURING THE HOLIDAYS. IN 2017, WE ADDED UCSF BENIOFF CHILDREN'S HOSPITAL IN SAN FRANCISCO AS A PARTNER TO WHOM WE DONATE TOYS.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.6$0.64$13.0$1.45$1.51$0.06
2023Detailed filing. Detailed filing data is available for this year.$13.4$0.62$12.7$1.77$1.64$0.13
2022Detailed filing. Detailed filing data is available for this year.$11.4$0.49$10.9$1.59$1.55$0.04
2021Detailed filing. Detailed filing data is available for this year.$13.5$0.30$13.2$1.51$1.02$0.48
2020Detailed filing. Detailed filing data is available for this year.$12.1$0.34$11.7$1.81$1.31$0.51
2019Detailed filing. Detailed filing data is available for this year.$10.4$0.29$10.1$1.36$1.27$0.09
2018Detailed filing. Detailed filing data is available for this year.$9.67$0.24$9.43$1.70$1.30$0.40
2017Detailed filing. Detailed filing data is available for this year.$10.1$0.40$9.75$1.59$1.61$0.02
2016Detailed filing. Detailed filing data is available for this year.$9.46$0.31$9.15$4.48$1.51$2.96
2015Detailed filing. Detailed filing data is available for this year.$6.21$0.26$5.95$1.81$1.36$0.45
2014Detailed filing. Detailed filing data is available for this year.$5.84$0.23$5.61$2.99$1.54$1.45
2013Detailed filing. Detailed filing data is available for this year.$4.39$0.13$4.27$1.94$1.23$0.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$0.08$3.28$1.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.25$0.04$3.21$0.95
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.84$0.02$2.82$0.92