Good Projects
- Assets
- $441.3k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 26
- Location
- Washington, DC
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 81-1491594
Organization Overview
Good Projects is located in Washington, DC. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Good Projects employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Projects 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 Projects generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 48.3% each year . All expenses for the organization totaled $937.3k during the year ending 12/2021. While expenses have increased by 49.1% per year over the past 6 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
GOODPROJECTS DESIGNS OPPORTUNITIES FOR YOUTH AND THEIR FAMILIES TO LIVE FULFILLING LIVES, FREE FROM POVERTY AND VIOLENCE WITH IMPROVEMENTS TO THEIR HEALTH AND WELLNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH GOODPROJECTS PROGRAMS AND COMMUNITY EVENTS, OUR TEAM ALONGSIDE 500+ VOLUNTEERS WERE ABOUT TO PROVIDE OVER 18,000 MEALS TO YOUTH AND FAMILIES, 450+ BOOK BAGS FILLED WITH SCHOOL SUPPLIES, 7,000+ FEMININE HYGIENE PRODUCTS TO LOCAL UNDERSERVED WOMEN, AND 1,000+ SANITARY KITS. ADDITIONALLY, GOODPROJECTS GOODCAMP PROGRAM SERVED 197 CHILDREN FOR FREE DURING THE SUMMER, INCREASING THEIR FINANCIAL LITERACY ASSESSMENT SCORE BY 38% ACROSS ALL AGE GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darius Baxter Executive Director | OfficerTrustee | 40 | $93,167 |
Cherrelle Swain Chairwoman | OfficerTrustee | 0.5 | $0 |
Jim Schumacher Treasurer | OfficerTrustee | 0.5 | $0 |
Lauren Marcus Director | Trustee | 0.5 | $0 |
Dr Keena Blackman Director | Trustee | 0.5 | $0 |
Max Snider Snider | Trustee | 0.5 | $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 | $1,047,260 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,047,260 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| 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 | $1,047,265 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $93,167 |
| Compensation of current officers, directors, key employees. | $1,773 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $395,739 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,131 |
| Payroll taxes | $46,731 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,000 |
| Fees for services: Accounting | $67,791 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $162,694 |
| Advertising and promotion | $17,244 |
| Office expenses | $29,874 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,894 |
| Travel | $9,210 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,494 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,872 |
| Insurance | $5,760 |
| All other expenses | $0 |
| Total functional expenses | $937,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $414,847 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $10,000 |
| 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 | $12,536 |
| Net Land, buildings, and equipment | $3,748 |
| Investments—publicly traded securities | $125 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $441,256 |
| Accounts payable and accrued expenses | $50,999 |
| 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 | $161,900 |
| Other liabilities | $0 |
| Total liabilities | $212,899 |
| Net assets without donor restrictions | $218,357 |
| Net assets with donor restrictions | $10,000 |
| 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 | $441,256 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Good Projects has recieved totaling $41,613.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $21,613 |
Dc Central Kitchen Inc Washington, DC PURPOSE: HUNGER-FIGHTING EFFORTS IN THE FACE OF COVID-19 | $10,000 |
Washington Nationals Philanthropies Washington, DC PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jefferson Scholars Foundation Charlottesville, VA | $761,742,846 | $36,629,374 |
The Pauley Family Foundation Richmond, VA | $2,022,061,315 | $1,899,350,410 |
College Foundation Of The University Of Virginia Charlottesville, VA | $252,362,262 | $51,045,128 |
Homefree Usa Inc Landover, MD | $5,280,798 | $17,895,333 |
James Family Charitable Foundation Charlottesville, VA | $171,150,056 | $16,638,935 |
Silver Valley Research Foundation Mclean, VA | $1,699,232 | $12,100,000 |
Helvetas Usa Washington, DC | $584,936 | $9,906,698 |
Asbury Foundation Inc Frederick, MD | $52,948,136 | $11,506,831 |
York Foundation Herndon, VA | $79,294,285 | $7,194,037 |
Taubman Foundation For The Arts Roanoke, VA | $20,057,493 | $918,229 |
Skillsource Group Inc Vienna, VA | $1,796,857 | $6,906,902 |
Fauna & Flora International Usa Inc Washintgon, DC | $2,602,858 | $7,350,946 |