GOOD360

EIN: 541282616 501(c)(3) International Affairs

ALEXANDRIA, VA

Total Revenue
$3,062,491,070
Total Expenses
$2,971,273,902
Total Assets
$172,780,759
Net Assets
$164,877,309
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
VA
Principal Officer
JONATHON CANNON
Phone
7038362121
Tax Period
2023-01-01 to 2023-12-31

GOOD360, founded in 1983, is a large national nonprofit in the International Affairs sector that reported $3.1B in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

GOOD360'S MISSION IS TO CLOSE THE NEED GAP TO OPEN OPPORTUNITY FOR ALL.WE LIVE IN A WORLD OF PLENTY, YET MILLIONS OF PEOPLE FIND THEMSELVES IN CRITICAL NEED EVERY DAY, CREATING A VAST NEED GAP. AT GOOD360, WE ARE ON A MISSION TO CLOSE THAT GAP. WE KNOW THERE'S MORE THAN ENOUGH TO GO AROUND. THAT'S WHY WE WORK WITH CORPORATIONS TO GET DONATED GOODS TO OUR NETWORK OF THOUSANDS OF COMMUNITY NONPROFITS. WHEN WE CLOSE THE GAP, WE OPEN OPPORTUNITY: FOR DONORS AND NONPROFITS TO BETTER SERVE THEIR COMMUNITIES, FOR COMMUNITIES TO BECOME MORE RESILIENT AND FOR US ALL TO CREATE LESS WASTE. BUT MOST OF ALL, WE HELP PEOPLE TO REACH THEIR BOUNDLESS POTENTIAL.

Program Service Accomplishments

Program 1
Expenses: $2,963,145,014 Revenue: $20,248,652

AS THE GLOBAL LEADER IN PRODUCT PHILANTHROPY, GOOD360 PARTNERS WITH HUNDREDS OF COMPANIES TO SOURCE HIGHLY NEEDED GOODS AND DISTRIBUTE THEM THROUGH OUR NETWORK OF MORE THAN 100,000 VETTED NONPROFITS...

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AS THE GLOBAL LEADER IN PRODUCT PHILANTHROPY, GOOD360 PARTNERS WITH HUNDREDS OF COMPANIES TO SOURCE HIGHLY NEEDED GOODS AND DISTRIBUTE THEM THROUGH OUR NETWORK OF MORE THAN 100,000 VETTED NONPROFITS THAT SUPPORT PEOPLE IN NEED ACROSS THE U.S. AND INTERNATIONALLY. IN 2023, GOOD360 DONATED MORE THAN $2.9 BILLION IN DONATED GOODS PROVIDING OUR CORPORATE PARTNERS WITH A RESPONSIBLE SOLUTION FOR UNSOLD GOODS AND CUSTOMER RETURNS. GOOD360 KEEPS MILLIONS OF POUNDS OF GOODS OUT OF LANDFILLS EACH YEAR, HELPING COMPANIES ACHIEVE SUSTAINABILITY AND ZERO-WASTE GOALS WHILE FULFILLING THE GROWING NEEDS OF OUR COMMUNITIES BY GETTING THE RIGHT GOODS TO THE RIGHT PEOPLE AT THE RIGHT TIME. GOOD360 IS THE LINK BETWEEN ORGANIZATIONS WITH SO MUCH TO GIVE AND THOSE IN CRITICAL NEED, CLOSING THAT GAP AND OPENING UP NEW OPPORTUNITIES FOR ALL.

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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 $3,042,130,356
Program Service Revenue $19,075,286
Investment Income $112,062
Other Revenue $1,173,366
TOTAL REVENUE $3,062,491,070

Expense Breakdown

Grants Paid $2,939,530,492
Salaries & Benefits $8,602,751
Fundraising Expenses $3,207,445
Program Expenses $2,963,145,014
Other Expenses $23,140,659
TOTAL EXPENSES $2,971,273,902

Year-over-Year Comparison

2023 2022 Change
Revenue $3,062,491,070 $2,686,924,313 +0.1%
Expenses $2,971,273,902 $2,668,995,475 +0.1%
Net Income $91,217,168 $17,928,838 +4.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
98
Volunteers
1740

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
$799,080
Total Directors
14
$0
Key Employees
1
$172,237
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK WHITE CHAIRMAN (THRU 10/31/23) 3.00
Director
$0 $0 $0
JOHN GRUGAN DIRECTOR, CHAIRMAN (AS OF 11/1/23) 2.00
Director
$0 $0 $0
PETER RESNICK VICE CHAIRMAN (THRU 10/31/23) 2.00
Director
$0 $0 $0
ROSEMARIE RYAN VICE CHAIRMAN (AS OF 11/1/23) 2.00
Director
$0 $0 $0
NANCY RYAN DIRECTOR 2.00
Director
$0 $0 $0
LIBBY JOHNSON MCKEE DIRECTOR 2.00
Director
$0 $0 $0
SUSAN BROWNELL DIR & GOV COMM CHAIR 2.00
Director
$0 $0 $0
COLLEEN WILLIAMS DIR & AUDIT & FINANCE COMM CHAIR 2.00
Director
$0 $0 $0
STACYE WILKERSON DIR & STAKEHOLDERS COMM CHAIR 2.00
Director
$0 $0 $0
MARIA MARTINEZ DIR & PEOPLE & CULTURE COMM CHAIR 2.00
Director
$0 $0 $0
SOUMIT NANDI DIRECTOR 2.00
Director
$0 $0 $0
ANGEL SHUM DIRECTOR 2.00
Director
$0 $0 $0
JEFF MCCORSTIN DIRECTOR (THRU 12/31/23) 2.00
Director
$0 $0 $0
BOB SCHWARTZ DIRECTOR 2.00
Director
$0 $0 $0
ROMAINE SEGUIN CEO 40.00
Officer
$300,000 $11,000 $311,000
MICHAEL AVIS CFO (THRU 7/31/23) 40.00
Officer
$202,891 $20,537 $223,428
KEN TROSHINSKY CFO (AS OF 11/13/23) 40.00
Officer
$29,264 $2,175 $31,439
SHARI RUDOLPH CMO (THRU 12/31/23) 40.00
Officer
$204,853 $28,360 $233,213
STEPHANE MOULEC CTO 40.00
Key Emp
$165,528 $6,709 $172,237
JAMES HALLING DIRECTOR, CORPORATE DEVELOPMENT 40.00
Highest
$200,325 $8,037 $208,362
ERIN DILLENBECK DIRECTOR, CORPORATE DEVELOPMENT 40.00
Highest
$191,896 $12,541 $204,437
THOMAS DAVIS DIRECTOR, CORPORATE DEVELOPMENT 40.00
Highest
$151,045 $9,480 $160,525
JONATHON CANNON SENIOR VP, MANAGED PROGRAMS 40.00
Highest
$137,305 $31,753 $169,058
LENORE FREEMAN VP, PEOPLE AND CULTURE 40.00
Highest
$132,643 $28,462 $161,105
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 $3,062,491,070 $2,971,273,902 $172,780,759 $91,217,168
2022 $2,686,924,313 $2,668,995,475 $76,850,976 $17,928,838
2021 $1,689,563,175 $1,725,173,332 $59,444,339 $-35,610,157
2020 $879,165,459 $811,958,519 $95,165,252 $67,206,940
2019 $325,011,868 $338,478,771 $26,929,068 $-13,466,903
2018 $325,924,494 $314,702,135 $40,292,305 $11,222,359
2018 $325,924,494 $314,702,135 $40,292,305 $11,222,359
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