Good Plus Foundation INC FY2020 filing

New York, NY · Public charity (501(c)(3)) · Since 2001 · Human Services

✓ Tax-deductible
Revenue
$13.9M
Spent
$14.4M
To programs
93%
Net assets
$5.7M
By yearFY2020–FY2024
Revenue
$13.9M
FY2020
Revenue by fiscal year
FY2020$13.9M
FY2021$13.8M
FY2022$17.3M
FY2023$21.9M
FY2024$16.1M
Expenses
$14.4M
FY2020
Expenses by fiscal year
FY2020$14.4M
FY2021$13.7M
FY2022$16.2M
FY2023$21.4M
FY2024$18.6M
Net assets
$5.7M
FY2020
Net assets by fiscal year
FY2020$5.7M
FY2021$5.8M
FY2022$6.8M
FY2023$7.4M
FY2024$4.9M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CGood Plus Foundation INC
EINHdr · item D31-1777082
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 2001
Year of formationHdr · item L2001
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CNew York, NY
NTEE classificationIRS BMFHuman Services (P60)
WebsiteHdr · item Jwww.goodplusfoundation.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.03 Fundraising $0.04
Program services93%$13.3M
Management & general3%$468K
Fundraising4%$603K
Total functional expensesLn 25$14.4M

Financial health

Is it on solid ground?

Program efficiency
93%
of spending reaches programs
Operating runway
13.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-4%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$6.2M
FY2020
Total assets by fiscal year
FY2020$6.2M
FY2021$6.0M
FY2022$7.4M
FY2023$9.3M
FY2024$6.6M
Total liabilities
$512K
FY2020
Total liabilities by fiscal year
FY2020$512K
FY2021$207K
FY2022$654K
FY2023$1.9M
FY2024$1.6M
Revenue less expensesPt I · Ln 19−$500K
Total assetsPt X · Ln 16$6.2M
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417

Balance Sheet

Part X · end of year
CashLn 1$2.1M
Total assetsLn 16$6.2M
Total liabilitiesLn 26$512K
Total net assetsLn 32$5.7M
Months of cash on handcomputed1.8

Statement of Revenue

Part VIII
Contributions & grants100%$13.8M
Investment income$42K
Total revenueLn 12$13.9M

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.7M · Operating expenses (Pt IX) $14.4M · Less non-cash grants $10.2M · Cash operating expenses/yr $4.2M
13.5 months
Where the money goes
Program services
Program services $13.3M · Total expenses $14.4M
93%
Management & General
Management & general $468K · Total expenses $14.4M
3%
Fundraising
Fundraising $603K · Total expenses $14.4M
4%
Cost to raise $1
Fundraising expense $603K · Solicited contributions $13.8M
$0.04 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $13.8M · Total revenue $13.9M
100%
Government reliance
Government grants — · Total revenue $13.9M
—
Earned-income share
Program service revenue $0 · Total revenue $13.9M
0%
Investment reliance
Investment income $42K · Total revenue $13.9M
+0.3%
Program self-sufficiency
Program service revenue $0 · Total expenses $14.4M
0%
Growth & trend
Revenue growth (YoY)
This year $13.9M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $5.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $13.9M · Expenses $14.4M
-4%
Liabilities-to-Assets
Total liabilities — · Total assets $6.2M
—
Net-asset ratio
Net assets $5.7M · Total assets $6.2M
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.6M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $6.2M
42%
People & payroll
Highest Reported Total Compensation
Individual Katherine E Snider · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $251K · Total expenses $14.4M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.7M · Total expenses $14.4M
12%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%——
Overhead ratio 3%——
Fundraising cost ratio 4%——
Investment management fee ratio 0%——
Legal fee ratio 0.05%——
Accounting fee ratio 0.3%——
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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chief Executive Officer
$251,058Pt VII · Sec A
Chief Prgrm & Operations Off.
$149,660Pt VII · Sec A
Director of Finance & Adm
$90,078Pt VII · Sec A
Director, Founder & President
$0Pt VII · Sec A
Director, VP & Treasurer
$0Pt VII · Sec A
Director and Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Katherine E Snider’s $309K as CEO (thru 11/1/24) is at the 78th percentile of top reported officer pay among 3122 $10–100M human services 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Katherine E Snider$309,170$288,154$283,907$267,488$251,058
Laurel P West$217,720$200,511$187,373$163,767$149,660
Abdulai Aidoo$173,836$173,243$163,508$118,858$90,078
Jennifer Moore$165,663————
Tiffany Y Langston———$155,845—
Cathryn Harding—$116,584$133,670——
Alan-Michael Graves$109,726$109,291$103,953——
Ricardo Justiniano$108,432————

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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Governance & Policies

Part VI
  • 17Voting board membersPt VI · Ln 1a
  • 17Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2Yes

Mission and programs

What it does.

Donates essential children's products and cash grants to families living in poverty.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $11.8M of program spending, described in the organization's own filed words · FY2020.
01

Helping Moms/Nurse-Family Partnership

Good+foundation invests in quality programs that help moms living in poverty by providing goods ranging from diapers to breast pumps to strollers. Good+foundation donated 6,918,434 items worth over $10.7 million in 2020. This is an all-time high for the organization.

$5.3Mprogram expense
02

Fatherhood/Dads

In 2020, we scaled up our training efforts and officially launched the good+ training academy, which provides virtual AND/OR in-person training, technical assistance, and capacity building to transform social services systems and incorporate father-inclusive approaches.

$4.7Mprogram expense
03

Education

Good+foundation provides monthly donations of goods to families living in poverty who are enrolled in education programs including early head start and head start sites in new york city and los angeles. Donations include diapers, strollers and clothing for children.

$1.7Mprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 15 funders →
Grants paid · 142 grants · $1.5M · 2020–2024
Avance Houston INCTX · FY2024$30,000
Montefiore Medical CenterNY · FY2024$29,000
El Nido Family CentersCA · FY2024$28,000
Sco Family of ServicesNY · FY2024$16,000
Shields for Families INCCA · FY2024$14,600
Public Health SolutionsNY · FY2024$14,000
Forestdale INCNY · FY2024$13,000
Lift INCDC · FY2024$12,000
Project JoyCA · FY2024$12,000
OnegenerationCA · FY2024$8,000
Homeboy IndustriesCA · FY2024$8,000
St Annes Family ServicesCA · FY2024$8,000
See all 142 grants →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $16.1M$18.6M-26% 990 PDF
FY2023 $21.9M$21.4M+26% 990 PDF
FY2022 $17.3M$16.2M+25% 990 PDF
FY2021 $13.8M$13.7M-0.06% 990 PDF
FY2020 Viewing $13.9M$14.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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