Goods For Good
EIN: 873847988 · Washington, DC · NTEE: T50
| Metric | Value |
|---|---|
| Total Revenue | $348K |
| Total Expenses | $225K |
| Net Assets | $155K |
Is Goods For Good Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Goods For Good
Goods For Good (EIN: 873847988) is a nonprofit organization based in Washington, DC, classified under NTEE code T50. The organization reported total revenue of $348K and total assets of $228K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Goods For Good's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Goods For Good is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $305K |
| Total Expenses | $225K |
| Surplus / Deficit | +$80K |
| Total Assets | $169K |
| Total Liabilities | $13K |
| Net Assets | $155K |
| Operating Margin | 26.1% |
| Debt-to-Asset Ratio | 7.9% |
| Months of Reserves | 9.0 months |
Financial Health Grade: A
In 2023, Goods For Good reported a surplus of $80K with revenue exceeding expenses, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 7.9% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Goods For Good's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.5% | -0.4% | +116.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Goods For Good has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Goods For Good with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.9%.
Frequently Asked Questions about Goods For Good
Is Goods For Good a legitimate charity?
Goods For Good (EIN: 873847988) is a registered tax-exempt nonprofit based in Washington DC. It has 2 years of IRS 990 filings on record. Total revenue: $348K. No red flags identified. Financial health grade: A.
How does Goods For Good spend its money?
Goods For Good reported $348K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Goods For Good tax-deductible?
Goods For Good is registered as a tax-exempt nonprofit (EIN: 873847988). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Goods For Good located?
Goods For Good is headquartered in Washington, Washington DC and files with the IRS under EIN 873847988. It is classified under NTEE code T50.
How many years of IRS 990 filings does Goods For Good have?
Goods For Good has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $348K in total revenue.
Filing History
IRS 990 filing history for Goods For Good showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Goods For Good's revenue has grown by 14.5%, moving from $266K to $305K. Total assets increased by 116.9% over the same period, from $78K to $169K. Total functional expenses fell by 0.4%, from $226K to $225K. In its most recent filing year (2023), Goods For Good reported a surplus of $80K, with revenue exceeding expenses. The organization holds $13K in liabilities against $169K in assets (debt-to-asset ratio: 7.9%), resulting in net assets of $155K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $305K | $225K | $169K | $13K | — | View 990 |
| 2022 | $266K | $226K | $78K | $12K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Goods For Good:
Data Sources and Methodology
This transparency report for Goods For Good is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.