For Good Foundation
- Assets
- $72.0k
- Revenue
- $8.0k
- Investments
- $63.7k
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 11/2017
- Data as of
- 12/2022
- EIN
- 82-2254787
Organization Overview
For Good Foundation is located in Los Angeles, CA. The organization was established in 2017. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. For Good Foundation 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, For Good Foundation generated $8.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $26.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION DONATED 2,000 TO YOUNG STORYTELLERS IN SUPPORT OF THEIR PROGRAMMING TO HELP YOUNG PEOPLE EXPLORE THEIR CREATIVITY AND IMAGINATION AND FUTURE GOALS.
FOUNDATION DONATED 3,000 TO HANDS OFFERING HOPE FOUNDATION TO HELP PROVIDE LIFE CHANGING PROGRAMS OF SUPPORT FOR STUDENTS.
FOUNDATION DONATED 3,500 TO ART FEEDS TO PROVIDE SUPPORT FOR ONGOING PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristina Lemos President | 0 | $0 | |
Kevin Lemos Secretary | 0 | $0 | |
Bethany Mudd CFO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,714 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,271 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,985 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,186 |
| Total operating and administrative expenses | $17,706 |
| Contributions, gifts, grants paid | $8,500 |
| Total expenses and disbursements | $26,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,222 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $71,971 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, For Good Foundation has awarded $8,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HANDS OFFERING HOPE PURPOSE: GENERAL SUPPORT | $3,000 |
YOUNG STORYTELLERS PURPOSE: GENERAL SUPPORT | $2,000 |
ART FEEDS PURPOSE: GENERAL SUPPORT | $3,500 |