Common Good EIN 26-4329049

Common Good FY2022 filing

EIN  26-4329049 Public foundation / grantmaker Washingron, DC
Form 990 (PDF)
You’re viewing the FY2022 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 · Founder · $153K
Money in and out
$528K revenue, $524K expenses
Bottom line
76% program efficiency

Educates and inspires online to advance the common good in poverty, conscience, and education. For fiscal year 2022 it reported $528K in revenue, $524K in expenses, and $-12K in net assets.Pt I

Grants paid & assets · FY2022
Total revenue
$528K
Pt VIII · Ln 12
Total expenses
$524K
Pt IX · Ln 25
Net assets
$-12K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $4K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.13 Fundraising $0.12
Program efficiency
76%
of spending reaches programs
Operating runway
0.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+1%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$528K
FY2022▲ +4%
Expenses
$524K
FY2022▲ +11%
Total assets
$137K
FY2022▼ -5%
Total liabilities
$149K
FY2022▼ -7%
Total revenue
$528K
Pt VIII · Ln 12
Total expenses
$524K
Pt IX · Ln 25
Net assets
$-12K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$4K
Total assetsPt X · Ln 16$137K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $398K of program spending, described in the organization's own filed words · FY2022.
01

Development and maintenance of website and other educational opportunities to inspire the internet generation to advance the common good in the areas of poverty, equity, and the freedom of conscience.

$398Kprogram 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
$153,494Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

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%$528K
Total revenueLn 12$528K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.13 Fundraising $0.12
Program services76%$398K
Management & general13%$66K
Fundraising12%$60K
Total functional expensesLn 25$524K

Balance Sheet

Part X · end of year
CashLn 1$12K
Total assetsLn 16$137K
Total liabilitiesLn 26$149K
Total net assetsLn 32$-12K
Months of cash on handcomputed0.3

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $12K · Operating expenses/yr $524K
0.3 months
Where the money goes
Program services
Program services $398K · Total expenses $524K
76%
Management & General
Management & general $66K · Total expenses $524K
13%
Fundraising
Fundraising $60K · Total expenses $524K
12%
Cost to raise $1
Fundraising expense (3-yr avg) $30K · Solicited contributions (3-yr avg) $437K
$0.07 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $528K · Total revenue $528K
100%
Government reliance
Government grants — · Total revenue $528K
Earned-income share
Program service revenue $0 · Total revenue $528K
0%
Investment reliance
Investment income $0 · Total revenue $528K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $524K
0%
Growth & trend
Revenue growth (YoY)
This year $528K · Prior year $506K
+4%
Revenue CAGR
FY2018 $314K · FY2022 $528K
+14%
Net-asset trend (YoY)
End of year $-12K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $528K · Expenses $524K
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $137K
Net-asset ratio
Net assets $-12K · Total assets $137K
-9%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $137K
0%
People & payroll
Highest Reported Total Compensation
Individual Matthew Daniels · Reported title Founder · Highest reported compensation $153K · Total expenses $524K
29%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $180K · Total expenses $524K
34%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 13%
Fundraising cost ratio 11%
Revenue growth 4%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 9%

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 · viewing · ⤓ 990 PDF
FY2021$506K revenue · ⤓ 990 PDF
FY2020$278K revenue · ⤓ 990 PDF
FY2019$216K revenue · ⤓ 990 PDF
FY2018$314K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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