Good Living World Foundation
- Assets
- $151.9k
- Revenue
- $99.7k
- Investments
- $147.9k
- Employees
- 0
- Location
- San Carlos, CA
- Founding
- 02/2020
- Data as of
- 09/2023
- EIN
- 84-3448827
Organization Overview
Good Living World Foundation is located in San Carlos, CA. The organization was established in 2020. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Living World 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 09/2023, Good Living World Foundation generated $99.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $47.4k during the year ending 09/2023. While expenses have increased by 7.6% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yiwei Chen CEO | 2 | $0 | |
Yiwei Chen CFO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $78,885 |
| Interest on Savings | $1,206 |
| Dividends & Interest | $469 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,138 |
| Capital Gain Net Income | $19,138 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $99,698 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $102 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,929 |
| Printing and publications | $0 |
| Other expenses | $9,355 |
| Total operating and administrative expenses | $13,626 |
| Contributions, gifts, grants paid | $33,750 |
| Total expenses and disbursements | $47,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,928 |
| 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 | $151,859 |
| Accounts payable and accrued expenses | $13,986 |
| 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 | $13,986 |
Grants Awarded
Over the last fiscal year, Good Living World Foundation has awarded $26,562 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GILROY GARDENS PURPOSE: CHARITABLE | $86 |
OAKLAND ZOO PURPOSE: CHARITABLE | $249 |
JINAN SHANTU CHARITY SERVICE CENTER PURPOSE: CHARITABLE | $2,356 |
ZIBO QINXIN CHARITY CENTER PURPOSE: CHARITABLE | $2,042 |
JINAN BUGUNIAO CHILDREN THERAPY CENTET PURPOSE: CHARITABLE | $21,829 |