Good Neighbors Inc
- Assets
- $1.8m
- Revenue
- $562.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Akron, OH
- Founding
- 01/1965
- Data as of
- 12/2021
- EIN
- 34-6560957
Organization Overview
Good Neighbors Inc is located in Akron, OH. The organization was established in 1965. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is the central organization for a national or regional group of organizations. Good Neighbors Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Good Neighbors Inc generated $562.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $348.5k during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FOOD AND CLOTHING TO THE NEEDY AS DETERMINED BY THE COUNTY WELFARE DEPARTMENT AND LOCAL CHURCHES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOOD NEIGHBORS INC. BEGAN IN 1957 AND NOW HAS SIX LOCATIONS THROUGHOUT SUMMIT COUNTY, OHIO. GOOD NEIGHBORS IS A VOLUNTEER RUN ORGANIZATION WITH ONLY ONE PAID EMPLOYEE WHO IS PART TIME. ALL OTHER WORK IS PERFORMED BY VOLUNTEERS WHO PROVIDE FREE GROCERIES AND PERSONAL ITEMS (TOILET TISSUE, SOAP, DEODORANT, TOOTH PASTE, TOOTHBRUSHES, LAYETTES AND DIAPERS) TO APPROXIMATELY 2,000 FAMILIES EACH MONTH. THESE NEEDY FAMILIES ARE REFERRED TO GOOD NEIGHBORS BY THE LOCAL WELFARE DEPARTMENT, LOCAL CHURCHES, SHELTERS, HOSPITALS, AND CIVIC ORGANIZATIONS. GOOD NEIGHBORS DOES NOT USE PAID FUNDRAISERS BUT USES IN-HOUSE VOLUNTEERS TO RAISE CONTRIBUTIONS.
DEPRECIATION OF FIXED ASSETS USED TO SERVICE CLIENTS AND KEEP PRODUCTS SAFE FOR CURRENT AND FUTURE USE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra K Foss Treasurer | Officer | 30 | $23,310 |
Valerie Straw President | Officer | $0 | |
Wilma Mcmasters Assistant Tr | Officer | $0 | |
Toni Amos Trustee | Trustee | $0 | |
George Camilletti Trustee | Trustee | $0 | |
Bob Goldstein Trustee | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $542,737 |
| Noncash contributions included in lines 1a–1f | $150,078 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $542,737 |
| Total Program Service Revenue | $0 |
| Investment income | $19,768 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $562,505 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $258,916 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,310 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,782 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $309 |
| Advertising and promotion | $0 |
| Office expenses | $3,957 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,803 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,269 |
| Insurance | $0 |
| All other expenses | $4,402 |
| Total functional expenses | $348,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $408,388 |
| Savings and temporary cash investments | $975,574 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $334,752 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,775 |
| Total assets | $1,766,489 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,143,182 |
| Net assets with donor restrictions | $623,307 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,766,489 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Good Neighbors Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Hillier Family Foundation Akron, OH PURPOSE: SOCIAL SERVICES | $25,000 |
Endowment Analysis
| Beg. Balance | $542,365 |
| Earnings | $63,449 |
| Admin Expense | $7,507 |
| Other Expense | $25,000 |
| Ending Balance | $623,307 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Helping Hand For Relief & Development Inc Southfield, MI | $53,026,737 | $80,329,408 |
Operation Warm Inc Glen Mills, PA | $9,867,114 | $38,820,959 |
Real Services Inc South Bend, IN | $13,142,791 | $21,488,865 |
Blessings In A Backpack Inc Louisville, KY | $14,548,161 | $11,518,539 |
Bucks County Opportunity Council Inc Doylestown, PA | $4,467,309 | $12,553,071 |
Water Street Ministries Lancaster, PA | $27,847,945 | $13,681,131 |
Area Iv Agency On Aging And Community Action Programs Inc Lafayette, IN | $2,168,785 | $11,411,192 |
Light Of Life Ministries Inc Pittsburgh, PA | $24,514,350 | $12,091,518 |
Real Alternatives Harrisburg, PA | $3,218,782 | $7,572,282 |
Old Order Amish Helping Program Elizabethville, PA | $294,169,877 | $7,401,236 |
Shepherd Community Inc Indianapolis, IN | $12,371,405 | $8,451,700 |
Peoples Emergency Center Philadelphia, PA | $15,414,180 | $6,602,781 |