GOOD WORKS INC

EIN: 232513834 501(c)(3) Housing & Shelter

COATESVILLE, PA

Total Revenue
$2,192,758
Total Expenses
$2,038,816
Total Assets
$2,177,749
Net Assets
$1,563,132
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
PA
Principal Officer
ROBERT BEGGS
Phone
6103836311
Tax Period
2024-04-01 to 2025-03-31

GOOD WORKS INC, founded in 1988, is a community nonprofit in the Housing & Shelter sector that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $2.0M left a modest 7% surplus.

Mission

TRANSFORMING LIVES BY REPAIRING HOMES FOR LOW INCOME FAMILIES AND SHARING THE HOPE FOUND IN JESUS CHRIST. WE TURN UNHEALTHY, INADEQUATE HOUSES INTO WARM, SAFE AND DRY HOMES AND DESPAIR INTO HOPE. OUR SERVICES ARE PROVIDED TO HOMEOWNERS AT NO COST AND VOLUNTEERS DO MOST OF THE REPAIRS.

Program Service Accomplishments

Program 1
Expenses: $1,688,745 Revenue: $58,207

GOOD WORKS MISSION IS TO TRANSFORM LIVES BY REPAIRING HOMES FOR LOW-INCOME FAMILIES AND SHARING THE HOPE FOUND IN JESUS CHRIST. OUR SERVICES ARE PROVIDED TO HOMEOWNERS AT NO COST AND VOLUNTEERS...

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GOOD WORKS MISSION IS TO TRANSFORM LIVES BY REPAIRING HOMES FOR LOW-INCOME FAMILIES AND SHARING THE HOPE FOUND IN JESUS CHRIST. OUR SERVICES ARE PROVIDED TO HOMEOWNERS AT NO COST AND VOLUNTEERS PERFORM THE MAJORITY OF REPAIRS. OUR MISSION IS ACCOMPLISHED THROUGH SIX VOLUNTEER ENGAGEMENT PROGRAMS INCLUDING YEAR-AROUND SATURDAY WORKDAYS, CORPORATE WORKDAYS, PARTNER CHURCH WORKDAYS, RETIREE WORKDAYS, SUMMER WORK CAMPS AND OUR AMBASSADOR OUTREACH MINISTRY. A SMALL, BUT DEDICATED STAFF OF LICENSED TECHNICIANS PERFORM CRITICAL REPAIRS THAT ARE BEYOND THE SKILL LEVEL OF VOLUNTEERS. THE OUTCOME OF OUR PROGRAMS SUBSTANTIALLY IMPROVES THE QUALITY OF LIFE FOR OVER 175 LOW-INCOME FAMILIES ANNUALLY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,070,812
Program Service Revenue $58,207
Investment Income $40,920
Other Revenue $22,819
TOTAL REVENUE $2,192,758

Expense Breakdown

Grants Paid $0
Salaries & Benefits $778,337
Fundraising Expenses $132,748
Program Expenses $1,688,745
Other Expenses $1,260,479
TOTAL EXPENSES $2,038,816

Year-over-Year Comparison

2024 2023 Change
Revenue $2,192,758 $1,728,024 +0.3%
Expenses $2,038,816 $1,698,216 +0.2%
Net Income $153,942 $29,808 +4.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
14
Volunteers
1097

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$100,291
Total Directors
13
$100,291
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID BOWMAN PRESIDENT 2.00
Officer Director
$0 $0 $0
DAVE EVANS TREASURER 2.00
Officer Director
$0 $0 $0
DEBORAH KEARNEY SECRETARY 2.00
Officer Director
$0 $0 $0
KATE BERGMANN DIRECTOR 1.50
Director
$0 $0 $0
JIM CHAMBERS DIRECTOR 1.50
Director
$0 $0 $0
JIM KREHER DIRECTOR 1.50
Director
$0 $0 $0
NORA MCEVOY DIRECTOR 1.50
Director
$0 $0 $0
DIANNE MORETZSOHN DIRECTOR 1.50
Director
$0 $0 $0
JACKIE SWEENEY DIRECTOR 1.50
Director
$0 $0 $0
JIM SCOTT DIRECTOR 1.50
Director
$0 $0 $0
ANNE-MARIE WALTERS DIRECTOR 1.50
Director
$0 $0 $0
NORM ALEXANDER EMERITUS 1.50
Director
$0 $0 $0
ROBERT BEGGS EXECUTIVE DI 40.00
Officer Director
$96,900 $3,391 $100,291
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,192,758 $2,038,816 $2,177,749 $153,942
2024 $1,728,024 $1,698,216 $1,872,918 $29,808
2023 $1,467,477 $1,522,971 $1,418,720 $-55,494
2022 $1,560,508 $1,424,250 $1,452,200 $136,258
2021 $1,404,040 $1,191,263 $1,308,890 $212,777
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