Good360
- Assets
- $76.9m
- Revenue
- $2.7b
- Investments
- $0.0
- Employees
- 86
- Location
- Alexandria, VA
- Founding
- 11/1984
- Data as of
- 12/2022
- EIN
- 54-1282616
Organization Overview
Good360 is located in Alexandria, VA. The organization was established in 1984. According to its NTEE Classification (Q19) the organization is classified as: Support N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Good360 employed 86 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good360 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 12/2022, Good360 generated $2.7b in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 27.6% each year . All expenses for the organization totaled $2.7b during the year ending 12/2022. While expenses have increased by 27.6% per year over the past 8 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.
Since 2014, Good360 has awarded 10,463 individual grants totaling $3,127,711,147. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GOOD360'S MISSION IS TO CLOSE THE NEED GAP BY DISTRIBUTING CRITICALLY NEEDED DONATED GOODS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS THE GLOBAL LEADER IN PRODUCT PHILANTHROPY, GOOD360 PARTNERS WITH HUNDREDS OF COMPANIES TO SOURCE HIGHLY NEEDED GOODS AND DISTRIBUTE THEM THROUGH OUR NETWORK OF MORE THAN 100,000 VETTED NONPROFITS THAT SUPPORT PEOPLE IN NEED ACROSS THE U.S. AND INTERNATIONALLY. IN 2022 GOOD360 DISTRIBUTED MORE THAN $2.6 BILLION IN DONATED GOODS PROVIDING OUR CORPORATE PARTNERS WITH A RESPONSIBLE SOLUTION FOR UNSOLD GOODS AND CUSTOMER RETURNS. GOOD360 KEEPS MILLIONS OF POUNDS OF GOODS OUT OF LANDFILLS EACH YEAR, HELPING COMPANIES ACHIEVE SUSTAINABILITY AND ZERO-WASTE GOALS WHILE FULFILLING THE GROWING NEEDS OF OUR COMMUNITIES BY GETTING THE RIGHT GOODS TO THE RIGHT PEOPLE AT THE RIGHT TIME. GOOD360 IS THE LINK BETWEEN ORGANIZATIONS WITH SO MUCH TO GIVE AND THOSE IN CRITICAL NEED, CLOSING THAT GAP AND OPENING UP NEW OPPORTUNITIES FOR ALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark White Chairman | Trustee | 3 | $0 |
Peter Resnick Co-Chair | Trustee | 2 | $0 |
Stacye Baker Director | Trustee | 2 | $0 |
Susan Brownwell Director | Trustee | 2 | $0 |
John Grugan Director | Trustee | 2 | $0 |
Maria Martinez Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
A&c Business Enterprises Warehouse Handling And Processing | 12/30/22 | $4,245,601 |
Ch Robinson Worldwide Inc Freight Transportation | 12/30/22 | $3,742,050 |
Midtenn Logistics Llc Freight Transportation | 12/30/22 | $1,308,290 |
Total Quality Logistics Llc Freight Transportation | 12/30/22 | $1,142,715 |
Flock Freight Freight Transportation | 12/30/22 | $783,928 |
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 | $2,668,527,745 |
| Noncash contributions included in lines 1a–1f | $2,656,996,942 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,668,527,745 |
| Total Program Service Revenue | $16,870,343 |
| Investment income | $142,114 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$497,474 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,881,585 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,686,924,313 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,554,868,920 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $86,724,803 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,278,336 |
| Compensation of current officers, directors, key employees. | $332,366 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,031,481 |
| Pension plan accruals and contributions | $70,838 |
| Other employee benefits | $340,005 |
| Payroll taxes | $376,502 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $86,543 |
| Fees for services: Accounting | $87,353 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $410,688 |
| Advertising and promotion | $289,569 |
| Office expenses | $380,509 |
| Information technology | $603,494 |
| Royalties | $0 |
| Occupancy | $261,425 |
| Travel | $300,488 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $110,701 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $324,782 |
| Insurance | $91,777 |
| All other expenses | $0 |
| Total functional expenses | $2,668,995,475 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,876,725 |
| Savings and temporary cash investments | $2,815 |
| Pledges and grants receivable | $13,609,283 |
| Accounts receivable, net | $881,363 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $52,652,899 |
| Prepaid expenses and deferred charges | $36,858 |
| Net Land, buildings, and equipment | $911,697 |
| Investments—publicly traded securities | $6,224,063 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $655,273 |
| Total assets | $76,850,976 |
| Accounts payable and accrued expenses | $2,255,774 |
| Grants payable | $0 |
| Deferred revenue | $530,785 |
| 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 | $615,918 |
| Total liabilities | $3,402,477 |
| Net assets without donor restrictions | $72,267,774 |
| Net assets with donor restrictions | $1,180,725 |
| 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 | $76,850,976 |
Grants Awarded
Over the last fiscal year, Good360 has awarded $1,087,703,949 in support to 2,078 organizations.
| Grant Recipient | Amount |
|---|---|
GLOBAL EMPOWERMENT MISSION PURPOSE: TO ASSIST THOSE IN NEED. | $128,609,363 |
UNITED MOVEMENT INC PURPOSE: TO ASSIST THOSE IN NEED. | $53,517,269 |
HAND TO HAND FOUNDATION INC PURPOSE: TO ASSIST THOSE IN NEED. | $43,952,328 |
NATIVE AMERICAN HERITAGE ASSOCIATION PURPOSE: TO ASSIST THOSE IN NEED. | $38,485,250 |
DARE 2 PURPOSE: TO ASSIST THOSE IN NEED. | $32,028,912 |
UNITED BREAST CANCER FOUNDATION INC PURPOSE: TO ASSIST THOSE IN NEED. | $30,702,223 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Environmental Investigation Agency Washington, DC | $6,453,146 | $7,283,635 |
Air Serv International Inc Remington, VA | $6,636,244 | $1,681,422 |
Operation Renewed Hope Medical Missions Agency Fayetteville, NC | $1,033,080 | $1,052,037 |
Mission Safety International Inc Elizabethton, TN | $199,556 | $381,594 |
Kumveka Richmond, VA | $14,609 | $0 |
Crosspoint Of India Inc Bartlett, TN | $352,189 | $253,130 |
Christalis Inc Burtonsville, MD | $314,822 | $233,505 |
Worldwide Hearts & Hands Inc Lexington, KY | $538,060 | $241,240 |
Outposts Of Hope Inc Durham, NC | $171,256 | $231,757 |
Blue Mountain Project Washington, DC | $28,816 | $0 |
Missionaire International Winchester, TN | $0 | $0 |
Nickels For Nepal Hixson, TN | $9,979 | $0 |
4 The World Garner, NC | $0 | $0 |
Sharing Love Through Sports Inc Cornelius, NC | $0 | $1,025 |
Sat-7 Education & Development Inc Easton, MD | $0 | $26 |
The Katoomba Group Inc Washington, DC | $0 | $0 |