THE ACT OF GOODWILL INC

EIN: 461067524 501(c)(3) Human Services

Jamaica, NY

Total Revenue
$198,867
Total Expenses
$194,791
Total Assets
$13,681
Net Assets
$13,681
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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
2015
Legal Domicile
NY
Principal Officer
SYED ADNAN SAQUIB
Tax Period
2023-01-01 to 2023-12-31

THE ACT OF GOODWILL INC, founded in 2015, is a small nonprofit in the Human Services sector that reported $199K in total revenue in fiscal year 2023. Revenue surged 604% from the prior year, signaling strong growth momentum.

Mission

TO SUPPORT REFUGEES, PEOPLE IN DISTRESS AND OTHER EMERGENCY CHARITABLE NEEDS FOLLOWING NATURAL DISASTERS.

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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 $198,867
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $198,867

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $194,791
Other Expenses $194,791
TOTAL EXPENSES $194,791

Year-over-Year Comparison

2023 2022 Change
Revenue $198,867 $28,242 +6.0%
Expenses $194,791 $18,806 +9.4%
Net Income $4,076 $9,436 -0.6%
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
1
Independent Members
1
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SYED ADNAN SAQUIB EXECUTIVE DIRECTOR 10.00
Officer
$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
2023 $198,867 $194,791 $13,681 $4,076
2022 $28,242 $18,806 $9,605 $9,436
2021 $278,209 $283,900 $169 $-5,691
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