Common Good EIN 26-4329049

Common Good FY2018 filing

EIN  26-4329049 Public foundation / grantmaker Washingron, DC
Form 990 (PDF)
You’re viewing the FY2018 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Educates and inspires online to advance the common good in poverty, conscience, and education.
Leadership
Matthew Daniels · Founderdirector
Money in and out
$314K revenue, $323K expenses
Bottom line
92% program efficiency

Educates and inspires online to advance the common good in poverty, conscience, and education. For fiscal year 2018 it reported $314K in revenue, $323K in expenses, and $104K in net assets.Pt I

Grants paid & assets · FY2018
Total revenue
$314K
Pt VIII · Ln 12
Total expenses
$323K
Pt IX · Ln 25
Net assets
$104K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$9K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Program efficiency
92%
of spending reaches programs
Operating runway
3.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2018 · Form 990
Revenue
$314K
FY2018
Expenses
$323K
FY2018
Total assets
$113K
FY2018
Total liabilities
$9K
FY2018
Total revenue
$314K
Pt VIII · Ln 12
Total expenses
$323K
Pt IX · Ln 25
Net assets
$104K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$9K
Total assetsPt X · Ln 16$113K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

2 program services account for $297K of program spending, described in the organization's own filed words · FY2018.
01

Development and maintenance of website to educate and inspire the internet generation to advance the Common Good in the areas of poverty, freedom of conscience, and educational opportunities.

$222Kprogram expense
02

Development of textbooks for distribution to educational institutions to educate and inspire the young generation in the advancement of the Common Good in the areas of poverty, freedom of conscience, human liberty, and educational opportunities.

$75Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCommon Good
EINHdr · item D26-4329049
Principal addressHdr · item CWashingron, DC
WebsiteHdr · item Jwww.goodofall.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T50)
Ruling yearIRS BMFJul 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Founderdirector
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Matthew Daniels’s $40K as Founder is at the 84th percentile of top reported officer pay among 128 <$100K philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Matthew Daniels$40,074$160,048$153,494$93,361
Rosemary C McMahon$15,088

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$314K
Total revenueLn 12$314K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$297K
Management & general8%$26K
Total functional expensesLn 25$323K

Balance Sheet

Part X · end of year
CashLn 1$104K
Total assetsLn 16$113K
Total liabilitiesLn 26$9K
Total net assetsLn 32$104K
Months of cash on handcomputed3.9

Financial Metrics

Form 990 · FY2018 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $104K · Operating expenses/yr $323K
3.9 months
Where the money goes
Program services
Program services $297K · Total expenses $323K
92%
Management & General
Management & general $26K · Total expenses $323K
8%
Fundraising
Fundraising $0 · Total expenses $323K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $314K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $314K · Total revenue $314K
100%
Government reliance
Government grants — · Total revenue $314K
Earned-income share
Program service revenue $0 · Total revenue $314K
0%
Investment reliance
Investment income $0 · Total revenue $314K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $323K
0%
Growth & trend
Revenue growth (YoY)
This year $314K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $104K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $314K · Expenses $323K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $113K
Net-asset ratio
Net assets $104K · Total assets $113K
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $113K
0%
People & payroll
Highest Reported Total Compensation
Individual Matthew Daniels · Reported title FounderDirector · Highest reported compensation $0 · Total expenses $323K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $323K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 3%
Accounting fee ratio 4%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$75K
Grants paid · 3 grants · $62K · 2020–2022
Thurgood Marshall College FunFY2022$50,000
Hmc Keepers of the FaithFY2020$6,000
Hmc Keepers of the FaithFY2020$6,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$168K revenue · ⤓ 990 PDF
FY2023$432K revenue · ⤓ 990 PDF
FY2022$528K revenue · ⤓ 990 PDF
FY2021$506K revenue · ⤓ 990 PDF
FY2020$278K revenue · ⤓ 990 PDF
FY2019$216K revenue · ⤓ 990 PDF
FY2018$314K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2018IRS
Classification, formation year, addressIRS Business Master File
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