Good Works INC

Tax-deductible

Athens, OH501(c)(3)HousingEIN 31-1119704Revenue $1.0M in FY2024

On file with the IRSgood-works.netPo Box 4, 45701-0004 · Athens, OHTax-exempt since Mar 1987Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Good Works, Inc. exists to connect people from all walks of life with people in poverty so that the Kingdom of God can be experienced at a cost commensurate with stated priorities.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Run by 530 volunteers and 26 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $417K a year · 39% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$95K
to officers and key staff · 12% of spending
Top officer’s pay lower than 71% of similar orgs
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
41 mo
of spending, in cash
Looks good: 41.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $101K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$6K
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
-20% vs prior year
Spent
$768K
To programs
72%
Net assets
$3.3M
By yearFY2020–FY2024
Revenue
$1.0M
FY2024▼ -20%
Tap a bar for its year
Revenue by fiscal year
FY2020$889K
FY2021$1.3M
FY2022$843K
FY2023$1.3M
FY2024$1.0M
Expenses
$768K
FY2024▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$599K
FY2021$605K
FY2022$619K
FY2023$709K
FY2024$768K
Net assets
$3.3M
FY2024▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.5M
FY2021$2.2M
FY2022$2.5M
FY2023$3.1M
FY2024$3.3M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1987.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $552K Management & general 22% · $168K Fundraising 6% · $48K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

6 people listed on the 990; $95K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$94,776Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Keith Wasserman’s $95K as Executive Director is at the 29th percentile of top reported officer pay among 2036 $1–10M housing 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Keith Wasserman$94,776$95,375$78,370$93,152$87,268

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.

See Good Works INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects diverse people with those in poverty to share God's kingdom affordably.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $552K · in their own filed words · FY2024
01

See schedule o

$552Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Gifts and grantsLn 1h$933K
Investment incomeLn 3$100K
Money outPt IX
$768K
Ln 25
Programscol B$552K
Managementcol C$168K
Fundraisingcol D$48K
Owns and owesPt X
$3.3M
net assets · Ln 32
Cash and savingsLn 1–2$2.6M
Total assetsLn 16$3.3M
LiabilitiesLn 26$6K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$933K
Noncash giftsLn 1g$94K
Investment incomeLn 3$100K
Gains on assetsLn 7$2K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$2.6M
Cash and savings togetherLn 1–2$2.6M
InvestmentsLn 11–13$81K
Land, buildings, equipmentLn 10c$574K
Total assetsLn 16$3.3M
LiabilitiesLn 26$6K
Net assetsLn 32$3.3M
OperationsPt I, VI
EmployeesI 526
VolunteersI 6530
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$2.4M$2.6M
InvestmentsLn 11–13$52K$81K
Land, buildings, equipmentLn 10c$206K$574K
Total assetsLn 16$3.1M$3.3M
LiabilitiesLn 26$8K$6K
Net assetsLn 32$3.1M$3.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$95K$38K$47K$9K
Other salaries and wagesLn 7$429K$322K$86K$21K
Payroll taxesLn 10$42K$27K$10K$4K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$1K$1K
Advertising and promotionLn 12$375$375
Office expensesLn 13$25K$5K$8K$13K
OccupancyLn 16$51K$46K$5K
TravelLn 17$3K$750$2K$750
Conferences, conventions and meetingsLn 19$2K$2K
Depreciation, depletion and amortizationLn 22$44K$44K
InsuranceLn 23$25K$22K$2K
Other expenses (24a–d)Ln 24$44K$44K$235
Total functional expensesLn 25$768K$552K$168K$48K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.0M$768K$264K$3.3M 990 PDF
FY2023 $1.3M$709K$588K$3.1M 990 PDF
FY2022 $843K$619K$225K$2.5M 990 PDF
FY2021 $1.3M$605K$717K$2.2M 990 PDF
FY2020 $889K$599K$290K$1.5M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $1,031,329 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,236,175$932,585
I-9 Program service revenue$0
I-10 Investment incomePrior year $57,082$99,716
I-11 Other revenuePrior year $3,046−$972
I-12 Total revenuePrior year $1,296,303$1,031,329
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $481,688$565,024
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $227,018$202,512
I-18 Total expensesPrior year $708,706$767,536
I-19 Revenue less expensesPrior year $587,597$263,793
Part VI · Governance 5 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members5
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,031,329 across 8 lines filed
VIII-1f All other contributions, gifts and grants$932,585
VIII-1g Noncash contributions (included above)$94,216
VIII-1h Total contributions, gifts and grants$932,585
VIII-3 Investment incomeRelated to mission $98,007$98,007
VIII-6 Net rental income or lossRelated to mission −$972−$972
VIII-7 Net gain or loss on sales of assetsRelated to mission $1,709$1,709
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $98,744 · Unrelated business $0 · Excluded from tax $0$1,031,329
Part IX · Statement of functional expenses $767,536 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $37,910 · Management $47,388 · Fundraising $9,478$94,776
IX-7 Other salaries and wagesPrograms $321,551 · Management $85,747 · Fundraising $21,436$428,734
IX-10 Payroll taxesPrograms $27,499 · Management $10,185 · Fundraising $3,830$41,514
IX-11c Accounting feesManagement $7,497$7,497
IX-11g Other fees for servicesPrograms $1,240$1,240
IX-12 Advertising and promotionPrograms $375$375
IX-13 Office expensesPrograms $5,075 · Management $7,612 · Fundraising $12,687$25,374
IX-16 OccupancyPrograms $45,644 · Management $5,072$50,716
IX-17 TravelPrograms $750 · Management $1,500 · Fundraising $750$3,000
IX-19 Conferences, conventions and meetingsPrograms $1,593$1,593
IX-22 Depreciation, depletion and amortizationPrograms $43,514$43,514
IX-23 InsurancePrograms $22,293 · Management $2,477$24,770
IX-24 Other expenses (24a–d)Programs $44,198 · Management $235$44,433
IX-25 Total functional expensesPrograms $551,642 · Management $167,713 · Fundraising $48,181$767,536
Part X · Balance sheet $3,346,421 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $2,404,436$2,649,409
X-8 Inventories for sale or useStart of year $11,476$41,219
X-10c Land, buildings and equipment, netStart of year $206,004$574,481
X-11 Publicly traded securitiesStart of year $52,369$81,312
X-16 Total assetsStart of year $3,068,734$3,346,421
X-17 Accounts payable and accrued expensesStart of year $7,572$6,499
X-26 Total liabilitiesStart of year $7,572$6,499
X-32 Total net assets or fund balancesStart of year $3,061,162$3,339,922
X-33 Total liabilities and net assetsStart of year $3,068,734$3,346,421
Part XI · Reconciliation of net assets $3,339,922 net assets at year end
XI-1 Total revenue$1,031,329
XI-2 Total expenses$767,536
XI-3 Revenue less expenses$263,793
XI-4 Net assets at start of year$3,061,162
XI-5 Net unrealized gains (losses) on investments$15,237
XI-8 Prior period adjustments−$270
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,339,922

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.