Good Bears Of The World
- Assets
- $470.6k
- Revenue
- $112.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Toledo, OH
- Founding
- 08/1978
- Data as of
- 12/2021
- EIN
- 99-0181385
Organization Overview
Good Bears Of The World is located in Toledo, OH. The organization was established in 1978. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Good Bears Of The World 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 Bears Of The World generated $112.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.4% each year . All expenses for the organization totaled $51.0k during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOSTER & PROMOTE GOODWILL AND SPREAD LOVE THROUGH GIFTING TEDDY BEARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION OF BEARS TO POLICE AND SERVICE AGENCIES.
PUBLISH BEAR TRACKS MAGAZINE AND NEWSLETTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Gordon Hearn Editor | Officer | 20 | $0 |
Lisa Davenport Potts Treasurer | Officer | 12 | $0 |
Terrie Stong Executive Director | Officer | 30 | $0 |
Sandy Humanski Secretary | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,518 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,633 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,151 |
| Total Program Service Revenue | $0 |
| Investment income | $76,973 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,719 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $112,843 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,000 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,284 |
| Office expenses | $672 |
| Information technology | $1,987 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,354 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $755 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $5,500 |
| Total functional expenses | $50,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,845 |
| Savings and temporary cash investments | $1,852 |
| 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 | $28,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $431,936 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $470,633 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $470,633 |
| 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 | $470,633 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Good Bears Of The World has recieved totaling $48.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $48 |
Peer Organizations
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|---|---|---|
Ronald Mcdonald House Charities Of The Philadelphia Region Philadelphia, PA | $48,421,260 | $10,371,163 |
Make-A-Wish Foundation Of Greater Pennsylvania And West Virginia Inc Pittsburgh, PA | $11,942,873 | $9,531,813 |
Make-A-Wish Foundation Of Michigan Brighton, MI | $10,107,725 | $9,980,417 |
Ronald Mcdonald House Charities Of Northeast Ohio Inc Cleveland, OH | $36,230,740 | $6,843,245 |
Ronald Mcdonald House Charities Inc Youngstown, OH | $0 | $1,738,198 |
Growth Opportunity Center Inc Southampton, PA | $956,433 | $4,331,069 |
Ronald Mcdonald House Charities Of Central Ohio Inc Columbus, OH | $58,634,339 | $11,417,646 |
Family House Inc Pittsburgh, PA | $46,884,709 | $18,369,826 |
Make A Wish Foundation Of Philadelphia Delware & Sus Valley Blue Bell, PA | $3,956,221 | $4,070,559 |
Project Camp Inc Scottsville, KY | $18,355,939 | $3,774,764 |
Ronald Mcdonald House Charities Of Kentuckiana Inc Louisville, KY | $27,153,177 | $3,859,145 |
The Rainbow Connection Rochester, MI | $4,575,197 | $3,692,285 |