GOODS FOR GOOD

EIN: 873847988 501(c)(3) Philanthropy & Grantmaking

washington, DC

Total Revenue
$541,315
Total Expenses
$347,922
Total Assets
$420,035
Net Assets
$410,035
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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
2022
Legal Domicile
DC
Principal Officer
elizabeth workman
Phone
2025107787
Tax Period
2025-01-01 to 2025-12-31

GOODS FOR GOOD, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $541K in total revenue in fiscal year 2025. Revenue surged 56% from the prior year, signaling strong growth momentum. The organization ran a surplus of $193K, a strong 36% operating margin.

Mission

Goods For Good's (G4G) mission is to strengthen communities through collective acts of kindness. We provide critical care and goods to underserved and vulnerable neighbors in the Washington, D.C. area, partnering with local nonprofits and volunteers to amplify our impact.

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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 (2025)

Revenue Breakdown

Contributions & Grants $541,315
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $541,315

Expense Breakdown

Grants Paid $0
Salaries & Benefits $115,509
Fundraising Expenses $10,592
Program Expenses $314,514
Other Expenses $226,413
TOTAL EXPENSES $347,922

Year-over-Year Comparison

2025 2024 Change
Revenue $541,315 $347,623 +0.6%
Expenses $347,922 $298,016 +0.2%
Net Income $193,393 $49,607 +2.9%
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
4
Independent Members
3
Employees
2
Volunteers
643

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
4
$43,750
Key Employees
3
$43,750
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
elizabeth workman Executive Director 40
Director Key Emp Highest
$43,750 $0 $43,750
Barb Power secretary 2
Director Key Emp
$0 $0 $0
maria nagorski chair 2
Director Key Emp
$0 $0 $0
margaret kennedy treasurer 2
Officer 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
2025 $541,315 $347,922 $420,035 $193,393
2024 $347,623 $298,016 $228,326 $49,607
2023 $304,838 $225,207 $168,707 $79,631
2022 $266,344 $226,207 $77,768 $40,137
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