The Good Tidings Foundation is located in Burlingame, CA. The organization was established in 1995. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. As of 12/2022, Good Tidings Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Tidings 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, Good Tidings Foundation generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ARTS, EDUCATION, ATHLETICS & DREAMS FOR YOUTH FROM COMMUNITIES OF NEED IN NORTHERN CALIFORNIA AND BEYOND
Describe the Organization's Program Activity:
Part 3 - Line 4a
ATHLETICS - WE PARTNER WITH PROFESSIONAL SPORTS TEAMS AND ATHLETES TO ANNUALLY REFURBISH DILAPIDATED BASEBALL FIELDS, BASKETBALL COURTS & GYMS, STREET HOCKEY COURTS, VOLLEYBALL COURTS ETC. AND BRING THEM BACK TO LIFE TO PROVIDE YOUTH A SAFE PLACE TO GATHER AND PLAY WHILE PROVIDING A SENSE OF PRIDE FOR AN ENTIRE COMMUNITY. WE HAVE BUILT 226 OF THESE SPACES IN THE PAST 29 YEARS.
EDUCATION - WE AWARD TEN $10,000 COMMUNITY SERVICE SCHOLARSHIPS TO DESERVING HIGH SCHOOL SENIORS EACH YEAR WHO EXHIBIT A HIGH LEVEL OF COMMUNITY GIVING WHILE STRIVING FOR HIGHER EDUCATION.
WONDER WINTERLAND DURING THE MONTH OF DECEMBER WE HOST 1,500 DESERVING KIDS INTO OUR WINTER WONDERLAND WHERE THEY CAN SHOP FOR BIKES, TOYS, RECORD PLAYERS, ETC TO HELP THEM HAVE A HAPPY HOLIDAY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Larry Harper Founder/secretary | OfficerTrustee | 50 | $149,900 |
Matthew King President | OfficerTrustee | 2 | $0 |
Jerri Kay-Phillips Vice President | OfficerTrustee | 2 | $0 |
Aaron Barulich Trustee | Trustee | 2 | $0 |
Glenn Dekraker Trustee | Trustee | 2 | $0 |
Dave Flemming Trustee | Trustee | 2 | $0 |
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 | $1,017,962 |
Noncash contributions included in lines 1a–1f | $134,948 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,017,962 |
Total Program Service Revenue | $0 |
Investment income | $368,950 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$8,564 |
Net Income from Fundraising Events | $214,473 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,592,821 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $105,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $272,100 |
Compensation of current officers, directors, key employees. | $84,443 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $160,037 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $31,493 |
Payroll taxes | $25,346 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $41,379 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $16,942 |
Fees for services: Other | $200 |
Advertising and promotion | $1,881 |
Office expenses | $28,461 |
Information technology | $16,394 |
Royalties | $0 |
Occupancy | $46,672 |
Travel | $29,307 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,345 |
Interest | $3,614 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $18,779 |
Insurance | $8,193 |
All other expenses | $82,357 |
Total functional expenses | $1,553,379 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $469,061 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
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 | $2,828 |
Net Land, buildings, and equipment | $266,250 |
Investments—publicly traded securities | $10,508,183 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $184,514 |
Total assets | $11,430,836 |
Accounts payable and accrued expenses | $43,163 |
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 | $444,676 |
Total liabilities | $487,839 |
Net assets without donor restrictions | $10,942,997 |
Net assets with donor restrictions | $0 |
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 | $11,430,836 |