The Common Good Inc
- Assets
- $220.0k
- Revenue
- $238.2k
- Investments
- $0.0
- Employees
- 6
- Location
- New York, NY
- Founding
- 10/1994
- Data as of
- 12/2021
- EIN
- 95-3362653
Organization Overview
The Common Good Inc is located in New York, NY. The organization was established in 1994. According to its NTEE Classification (V02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Social Science and related organizations. As of 12/2021, Common Good Inc employed 6 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 12/2021, Common Good Inc generated $238.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $174.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.5%) 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
ORGANIZING INFORMATION EVENTS TO ENCOURAGE CIVIL DISCUSSION AND CIVIC PARTICIPATION. WE ARE DEDICATED TO FINDING COMMON GROUND, AND THROUGH FORUM AND INITIATIVES, ENCOURAGE THE CIVIC ENGAGEMENT SO ESSENTIAL FOR A THRIVING DEMOCRACY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPECIAL EVENT.(1)-THE COMMON GOOD FORUM AND AMERICAN SPIRIT AWARDS ANNUAL PROGRAM WITH PARTICIPANTS FROM GOVERNMENT, MEDIA, BUSINESS, FOREIGN AFFAIRS AND TECH.
JULY EVENTS.(1)-TCG RISING LEADER SERIES WITH REP ELISSA SLOTKIN. MODERATED BY JANE HARMAN.(2)-CONVERSATION WITH AMERICA POLICE COMMISSIONER BILL BRATTON AND MODERATED BY KEN AULETTA.(3)-THE STORY OF AMERICAN CAPITALISM WITH ZACHARY KARABELL AND DOUGLAS BRINKLEY.
DECEMBER EVENT.(1)-THE FUTURE OF NEWS IN A POST TRUTH WORLD. JOINT TCG TO EXPLORE HOW WE CAN SAVE TRUTH, FREE SPEECH AND (2)-THE NEWS WITH CONG DAVID JOLLY, MARTHA MINOV AND RICK SALOMON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Duff President | Officer | 40 | $0 |
David Kemp Treasurer | Officer | 20 | $0 |
Morley Klausner Secretary | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $182,150 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,150 |
| Total Program Service Revenue | $39,193 |
| Investment income | $33 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $238,165 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $121,198 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,840 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $865 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $278 |
| Office expenses | $1,357 |
| Information technology | $11,560 |
| Royalties | $0 |
| Occupancy | $5,045 |
| 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 | $0 |
| Insurance | $5,745 |
| All other expenses | $12,568 |
| Total functional expenses | $174,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,019 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,000 |
| Total assets | $220,019 |
| Accounts payable and accrued expenses | $5,937 |
| 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 | $5,937 |
| Net assets without donor restrictions | $0 |
| 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 | $214,082 |
| Total liabilities and net assets/fund balances | $220,019 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Common Good Inc has recieved totaling $9,000.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: SOCIAL SCIENCES | $7,500 |
If Hummingbird Foundation Inc Greenwich, CT PURPOSE: GENERAL | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Poverty Project Inc New York, NY | $26,229,156 | $91,596,868 |
Alzheimers Drug Discovery Foundation New York, NY | $116,420,075 | $53,037,104 |
National Bureau Of Economic Research Inc Cambridge, MA | $153,221,973 | $42,145,646 |
African Population Health & Research Center Inc Rockville, MD | $31,767,222 | $22,719,111 |
Behavioral Ideas Lab Inc New York, NY | $32,612,042 | $18,817,686 |
Social Science Research Council Brooklyn, NY | $62,507,345 | $18,832,970 |
Cpwr The Center For Construction Research And Training Silver Spring, MD | $10,704,322 | $15,767,694 |
Institute For Operations Research And The Management Sciences Catonsville, MD | $26,434,538 | $15,117,457 |
American Academy Of Arts And Sciences Cambridge, MA | $98,109,829 | $16,451,568 |
Human Services Research Institute Inc Cambridge, MA | $6,662,398 | $12,105,184 |
Just Capital Foundation Inc New York, NY | $4,314,649 | $11,131,024 |