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New York BBB Wise Giving Report for
Goods for Good

A BBB Accredited charity

 



Expiration Date:
05/2016
Name:
Goods for Good
Address:
180 Varick Street Ste. 1207
New York, NY 10014
Phone:
646-963-6076
Year, State Incorporated:
2006, Delaware
Affiliates:
None
Stated Purpose:
" Promote the successful development of orphans and vulnerable children by collaborating with community based organizations (CBOs) to fill the resource gap. "





Evaluation Conclusions
 

              
Goods for Good meets the 20 Standards for Charity Accountability.




Programs
 

              
GFG believes that to “promote the successful development of orphans and vulnerable children” is to ensure access to education and local support systems. GFG defines “community based organizations” as those CBOs registered with the Malawian Ministry of Gender, Children and Community Development and that run community or church based childcare centers. GFG "fill[s] the resource gap” by providing sustainable support for those children in desperate need.



Governance
 

              
Chief Executive Officer:
Ms. Melissa Kushner, Founder and Executive Director
Chair of the Board:
Ms. Marla Smith
Chair's Profession / Business Affiliation:
Principal, Berkenkamp Realty Group, LLC
Board Size:
7
Paid Staff Size:
12



Executive Director is uncompensated.




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, invitations to fund raising events, grant proposals, internet
Fund raising costs were 8.7% of related contributions. (Related contributions, which totaled $953,606, are donations received as a result of fund raising activities.)




Tax Status
 

              
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

              
The following information is based on Goods for Good's Audited Financial Statements for the fiscal year ended December 31, 2012.

Source of Funds  

Cash Contributions

$490,021

Fundraiser Reciepts

429,422

In-kind Contributions

91,859

Interest Income

155

Less: Fundraiser Expenses

(57,696)

Total Income

$953,761

Program Expenses  

Pens for Progress

$329,037

CBO Support

288,131

Vocational Training Program

260,515

Other Programs

223,564

Shoes for Success

138,678
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

1,239,925
83,186
66,861

$1,389,972

$(436,211)




Uses of Funds as a % of Total Expenses


Programs: 89%  Fund Raising: 6%  Administrative 5% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $1,121,940
Ending net assets 685,729
Total liabilities 41,432

Total assets

$727,161






 

A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.