Provides financial support and vetting services to help charities engage next-generation philanthropists through social media and align with corporate donor giving programs.
Provides financial support and vetting services to help charities engage next-generation philanthropists through social media and align with corporate donor giving programs.
For fiscal year 2021 it reported $11.2M in revenue, $9.1M in expenses, and $5.0M in net assets.Pt I
Where the money goes · FY2021
Total revenue
$11.2M
Pt VIII · Ln 12
Total expenses
$9.1M
Pt IX · Ln 25
Net assets
$5.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.1M
Where spending went · Part IX cols B–D
99%
Program services $0.99 Management & general $0.01 Fundraising $0.00
Program efficiency
99%
of spending reaches programs
Operating runway
6.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+19%
revenue over expenses, this year
Summary of the Filing
Part I · fiscal year 2021 · Form 990
Revenue
$11.2M
FY2021
$11.2M$5.6M$0
FY2021FY2025
Expenses
$9.1M
FY2021
$9.3M$4.7M$0
FY2021FY2025
Total assets
$5.0M
FY2021
$5.0M$2.5M$0
FY2021FY2025
Total liabilities
$16K
FY2021
$261K$130K$0
FY2021FY2025
Total revenue
$11.2M
Pt VIII · Ln 12
Total expenses
$9.1M
Pt IX · Ln 25
Net assets
$5.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.1M
Total assetsPt X · Ln 16$5.0M
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III
Where the work happens
3 program services account for $8.4M of program spending, described in the organization's own filed words · FY2020.
01
The goodcoin foundation provided curation, communication, payment processing, and networking advice to target corporation and potential grantees as part of target's nationwide giving platform target circle. This platform allows guests at target stores to direct target's corporate giving to charities that matter to them.
$7.1Mprogram expense
02
The goodcoin foundation provided curation, communication, and payment processing services for dailykarma, an internet-based service that provides charitable giving options to customers of e-commerce sites through shopify and other providers.
$1.1Mprogram expense
03
The goodcoin foundation enables bankcard holders to convert loyalty points or payments from their accounts into charitable gifts to causes of the banking customer's choice. This program creates a sense of larger purpose for the bank employees and for bank customers while strengthening communities through support of the nonprofit sector.
George Stevens’s $116K as President & Secretary
is at the 61st percentile of top reported officer pay among 1637 $1–10M religion 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 · 4 named individuals · Part VII
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.
Individual George Stevens · Reported title PRESIDENT/CE · Highest reported compensation $40K · Total expenses $9.1M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $40K · Total expenses $9.1M
0%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
99%
—
—
Overhead ratio
1%
—
—
Fundraising cost ratio
0%
—
—
Investment management fee ratio
0%
—
—
Accounting 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.
Want to add your own materials alongside these filings? Claim this org
Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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