The Common Good Inc
- Assets
- $1.8m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 58
- Location
- Tulsa, OK
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 82-4458593
Organization Overview
The Common Good Inc is located in Tulsa, OK. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Common Good Inc employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Common Good 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 12/2023, Common Good Inc generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE COMMON GOOD WORKS WITH LOW INCOME FAMILIES THROUGH THESE INITIATIVES: EDUCATION, CAREER DEVELOPMENT, ADVOCACY AND SPORTS PROGRAMS. THE COMMON GOOD OPERATES A COMMUNITY CENTER IN THE AREA TO PROVIDE THESE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTERSCHOOL LEARNING CENTER: THE COMMON GOOD HAS AN AFTERSCHOOL LEARNING PROGRAM FOR CHILDREN AT WAYMAN TISDALE ACADEMY, A PUBLIC ELEMENTARY SCHOOL IN TULSA SCHOOL DISTRICT. THE LEARNING CENTER IS DESIGNED FOR CHILDREN THAT HAVE BEEN AFFECTED BY "TRAUMA" THAT AFFECTS THEIR LEARNING AND EMOTIONAL STATE. WE TYPICALLY HAVE 80 CHILDREN EVERY SCHOOL DAY FOR 3 HOURS AFTERSCHOOL. THE CHILDREN'S AGES ARE 7 THROUGH 11 OR ELEMENTARY SCHOOL AGES.
IN ADDITION TO THE LARGEST PROGRAMS, THE COMMON GOOD PROVIDES ADVOCACY TO THE COMMUNITY OF NORTHWEST TULSA. WE CONTINUE TO ADDRESS THE HIGH CRIME RATE AND DRUG STATISTICS BY SUPPORTING NEIGHBORHOOD WATCH GROUPS AND WORKING WITH CRIME STOPPERS AND THE TULSA POLICE DEPARTMENT FOR TRAINING AND SUPPORT. TOTAL EXPENSES FOR ADVOCACY FOR 2023 ARE 14,588. IN ADDITION, WE SPENT 1,428 ON CAREER DEVELOPMENT DURING THE YEAR. THESE FUNDS WERE FOR CAREER TRAINING AND COUNSELING.
SPORTS PROGRAMS: THE COMMON GOOD STARTED THE YEAR WITH BASKETBALL PROGRAMS FOR CHILDREN IN THE WAYMAN TISDALE ACADEMY AREA. THE BASKETBALL PROGRAMS CONDUCTED LEAGUE PLAY FOR OVER 75 CHILDREN. IN ADDITION, WE HELD SOCCER PRACTICE AND TEAM GAMES DURING THE SPRING AND SUMMER WITH OVER 50 KIDS PARTICIPATING. WE HAVE "OPEN GYM" NIGHT FIVE NIGHTS A WEEK FOR YOUNGER KIDS AND FOR MIDDLE SCHOOL AGED KIDS. IN ADDITION, SPORTS ARE INTRODUCED TO OUR KIDS ATTENDING THE AFTERSCHOOL LEARNING CENTER EACH DAY.
SENIOR SUPPORT PROGRAM: WE HOST 40 TO 50 SENIOR ADULTS FROM THE NEIGHBORHOOD EACH MORNING AT OUR WORK OUT ROOM AND CAFE. THE SENIORS HAVE EXERCISE PROGRAMS, HAVE ACCESS TO OUR EXERCISE EQUIPMENT, AND ARE FED EITHER A MEAL OR SNACK EACH MORNING. THIS HELPS BUILD COMMUNITY FOR THE SENIORS IN THE NEIGHBORHOOD, IN ADDITION TO PROVIDING HEALTHY CHOICES FOR THEM. WE ALSO HAVE SENIORS WALKING IN THE GYM, PLAYING TABLE TENNIS, WORKING PUZZLES, CARDS AND DOMINOS MOST MORNINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Pyle Executive Di | Officer | 40 | $115,000 |
Wayne Pyle Chairman | OfficerTrustee | 15 | $0 |
Anthony Rackley VP Finance | OfficerTrustee | 15 | $0 |
Bill Clark Director | Trustee | 40 | $0 |
Lew Erikson Director | Trustee | 10 | $0 |
Benjamin Steele Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $87,703 |
| Related organizations | $0 |
| Government grants | $138,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,007,186 |
| Noncash contributions included in lines 1a–1f | $38,235 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,232,889 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $69 |
| Net Income from Fundraising Events | -$15,173 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,218,680 |
| 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. | $115,000 |
| Compensation of current officers, directors, key employees. | $46,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $584,267 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,724 |
| Payroll taxes | $53,823 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $66,705 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,361 |
| Advertising and promotion | $32,654 |
| Office expenses | $23,457 |
| Information technology | $8,455 |
| Royalties | $0 |
| Occupancy | $159,771 |
| 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 | $110,913 |
| Insurance | $18,669 |
| All other expenses | $0 |
| Total functional expenses | $1,357,911 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,410 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $532,800 |
| 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 | $6,250 |
| Net Land, buildings, and equipment | $1,115,263 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,819,723 |
| Accounts payable and accrued expenses | $28,783 |
| 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 | $28,783 |
| Net assets without donor restrictions | $1,241,749 |
| Net assets with donor restrictions | $549,191 |
| 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 | $1,819,723 |