Essential Good Company
- Assets
- $7.8k
- Revenue
- $415.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Chatham, NJ
- Founding
- Data as of
- 06/2023
- EIN
- 87-2885219
Organization Overview
Essential Good Company is located in Chatham, NJ. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Essential Good Company 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 06/2023, Essential Good Company generated $415.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 34.0% each year . All expenses for the organization totaled $411.1k during the year ending 06/2023. While expenses have increased by 33.2% per year over the past 2 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Melchiorre Director And President | 1 | $0 | |
Nicole Laughlin Director | 1 | $0 | |
Dawn Melchiorre Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $415,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $415,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $36 |
| Taxes | $932 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,966 |
| Total operating and administrative expenses | $11,103 |
| Contributions, gifts, grants paid | $400,000 |
| Total expenses and disbursements | $411,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,838 |
| 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 | $7,838 |
| 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 | $5,000 |
| Total liabilities | $5,000 |
Grants Awarded
Over the last fiscal year, Essential Good Company has awarded $400,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOOD BANK OF NEW JERSEY PURPOSE: CHARITABLE PURPOSE | $250,000 |
CRADLES TO CRAYONS CHICAGO PURPOSE: CHARITABLE PURPOSE | $150,000 |