The Good Tidings Foundation
- Assets
- $13.5m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 5
- Location
- Burlingame, CA
- Founding
- 04/1995
- Data as of
- 12/2021
- EIN
- 94-3219013
Organization Overview
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 12/2021, 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 12/2021, Good Tidings Foundation generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 7 years. 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
2021
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
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.
SEE SCHEDULE O
SEE SCHEDULE O
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| 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 |
Marritje Greene Treasurer | OfficerTrustee | 2 | $0 |
Aaron Barulich Trustee | Trustee | 2 | $0 |
Glenn Dekraker Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $57,464 |
| All other contributions, gifts, grants, and similar amounts not included above | $794,385 |
| Noncash contributions included in lines 1a–1f | $150,686 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $851,849 |
| Total Program Service Revenue | $0 |
| Investment income | $526,184 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $22,534 |
| Net Income from Fundraising Events | $104,454 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,505,021 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,661 |
| Grants and other assistance to domestic individuals. | $172,400 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $243,119 |
| Compensation of current officers, directors, key employees. | $79,324 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $98,715 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,022 |
| Payroll taxes | $20,691 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,542 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,185 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $25,392 |
| Information technology | $6,879 |
| Royalties | $0 |
| Occupancy | $44,906 |
| Travel | $30,186 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,277 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,513 |
| Insurance | $6,158 |
| All other expenses | $27,875 |
| Total functional expenses | $1,022,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $543,598 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $60,000 |
| 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 | $634 |
| Net Land, buildings, and equipment | $12,163 |
| Investments—publicly traded securities | $12,446,201 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $424,514 |
| Total assets | $13,487,110 |
| Accounts payable and accrued expenses | $37,222 |
| Grants payable | $0 |
| Deferred revenue | $16,600 |
| 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 | $245,000 |
| Total liabilities | $298,822 |
| Net assets without donor restrictions | $13,188,288 |
| 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 | $13,487,110 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Good Tidings Foundation has recieved totaling $2,750.
| Awarding Organization | Amount |
|---|---|
Alan And Mary Schulman Family Foundation Rancho Santa Fe, CA PURPOSE: CHARITABLE | $2,750 |
Endowment Analysis
| Beg. Balance | $11,142,321 |
| Earnings | $1,544,382 |
| Net Contributions | $60,000 |
| Other Expense | $300,502 |
| Ending Balance | $12,446,201 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Make-A-Wish Foundation International Phoenix, AZ | $4,646,772 | $4,960,773 |
Child Foundation Portland, OR | $3,085,919 | $4,763,775 |
Stack Up Sylmar, CA | $426,740 | $3,356,062 |
Rahima International Foundation San Jose, CA | $10,862,475 | $4,453,844 |
Santa Claus Incorporated Of Greater San Bernardino San Bernardino, CA | $2,370,443 | $1,971,081 |
Dress For Success Phoenix Phoenix, AZ | $1,065,433 | $956,258 |
Operation Care And Comfort Fairfield, CA | $933,986 | $1,257,583 |
Friends In Sonoma Helping Sonoma, CA | $1,974,816 | $1,389,287 |
The Good Tidings Foundation Burlingame, CA | $13,487,110 | $1,505,021 |
Global Helping To Advance Women & Children Gilbert, AZ | $977,959 | $889,787 |
A Bridge For Kids San Diego, CA | $343,502 | $321,466 |
Grateful Gatherings Oakland, CA | $436,206 | $525,815 |