GLOBAL FOR GOOD FUND INC

EIN: 270467647 501(c)(3) Human Services

WALTHAM, MA

Total Revenue
$1,134,967
Total Expenses
$865,216
Total Assets
$472,218
Net Assets
$472,218
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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
2009
Legal Domicile
CT
Principal Officer
SEAN GEARY
Phone
2033157171
Tax Period
2023-01-01 to 2023-12-31

GLOBAL FOR GOOD FUND INC, founded in 2009, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $270K, a strong 24% operating margin.

Mission

GLOBAL FOR GOOD FUND, INC. (FORMERLY THE CFMS FUND FOUNDATION INC.) IS A NONPROFIT ORGANIZATION COMPRISED OF DEDICATED INDIVIDUALS, FAMILIES, AND COMPANIES WHOSE PRIMARY MISSION IS TO RAISE MONEY TO CONTRIBUTE TO THE CYSTIC FIBROSIS FUND, THE NATIONAL MULTIPLE SCLEROSIS SOCIETY AND OTHER WORTHY 501(C)3 ORGANIZATIONS. AS THE NEW GLOBAL FOR GOOD FUND, INC. OUR GOAL IS TO KEEP OUR COMMUNITIES MOVING, GROWING AND THRIVING. THESE PILLARS OF SUPPORT ALLOW US TO EXPAND OUR CHARITABLE REACH AND MAKE MORE OF AN IMPACT IN THE COMMUNITIES WHERE WE LIVE AND WORK.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,117,691
Program Service Revenue $0
Investment Income $1,176
Other Revenue $16,100
TOTAL REVENUE $1,134,967

Expense Breakdown

Grants Paid $780,000
Salaries & Benefits $0
Fundraising Expenses $80,043
Program Expenses $780,000
Other Expenses $85,216
TOTAL EXPENSES $865,216

Year-over-Year Comparison

2023 2022 Change
Revenue $1,134,967 $882,318 +0.3%
Expenses $865,216 $815,002 +0.1%
Net Income $269,751 $67,316 +3.0%
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
5
Independent Members
5
Employees
N/A
Volunteers
20

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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SEAN GEARY PRES/SECRETA 1.00
Officer Director
$0 $0 $0
CHRISTOPHER DOE TREASURER 1.00
Officer Director
$0 $0 $0
CATIE KERNS BOARD MEMBER 1.00
Director
$0 $0 $0
PJ CIMINI BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $1,134,967 $865,216 $472,218 $269,751
2022 $882,318 $815,002 $202,467 $67,316
2021 $467,896 $544,571 $135,151 $-76,675
2020 $863,821 $856,465 $254,026 $7,356
2019 $589,440 $671,538 $206,470 $-82,098
2018 $525,745 $1,434,877 $286,568 $-909,132
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