Gofundme Org FY2020 filing

Tax-deductible

West Hollywood, CA501(c)(3)Since 2016Foundations & GrantmakersEIN 81-2279757Revenue $30.8M in FY2020

On file with the IRSgofundme.org8605 Santa Monica Blvd 88639, 90069-4109 · West Hollywood, CATax-exempt since Aug 2016Publicly supported charity — 170(b)(1)(A)(vi)

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To quickly and directly support individuals and communities impacted by disaster or pervasive social inequalities.

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $925K a year · 4% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $384K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.0M
30% of total assets
Looks good: liabilities are 30% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$30.8M
Spent
$31.5M
To programs
98%
Net assets
$2.3M
By yearFY2020–FY2025
Revenue
$30.8M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$30.8M
FY2021$15.3M
FY2022$65.5M
FY2023$5.1M
FY2024$13.6M
FY2025$19.3M
Expenses
$31.5M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$31.5M
FY2021$7.2M
FY2022$57.7M
FY2023$13.9M
FY2024$12.0M
FY2025$21.7M
Net assets
$2.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.3M
FY2021$10.4M
FY2022$16.5M
FY2023$9.2M
FY2024$10.9M
FY2025$8.5M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2016.

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

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $31.0M Management & general 1% · $252K Fundraising 1% · $293K

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

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Director and Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
CEO/Executive Director
$0Pt VII · Sec A
Secretary/CFO
$0Pt VII · Sec A
See Gofundme Org executive salaries →

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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

Provides rapid financial grants and essential resources directly to individuals, families, and communities recovering from disasters or facing systemic social inequalities.

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Provided by the organization

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2 programs · $31.0M · in their own filed words · FY2019
01

GOFUNDME.ORG created campaigns specifically for various urgent needs including, but not limited to supporting victims of california wildfires, australian wildfires, and covid 19 related needs. Grants were made to both charitable organizations and charitable class victims.

$25.5Mprogram expense
02

GOFUNDME.ORG created campaigns specifically for various causes including, but not limited to, animal causes, veteran causes, young changemakers, environmental causes, mental health causes, k12 classrooms causes, justice and equality, and girls opportunity alliance.

$5.5Mprogram expense

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 · FY2025
See all 8 funders →
Grants paid · 940 grants · $124.2M · 2019–2024
Unitemized GrantFY2024$4,588,848
The Change ReactionCA · FY2024$1,500,000
Unitemized GrantFY2024$1,485,926
Unitemized GrantFY2024$1,474,550
Unitemized GrantFY2024$858,799
Inclusive Action for the CityCA · FY2024$670,000
211 LaCA · FY2024$600,000
Comite Civico Del Valle INCCA · FY2024$512,140
Unitemized GrantFY2024$396,800
Patchwork Indy INCIN · FY2024$332,500
Unitemized GrantFY2024$222,325
Welcomenst INCMA · FY2024$189,500
Brawner Employees Family Survival Fund CorpFY2024$162,554
Unitemized GrantFY2024$156,636
Unitemized GrantFY2024$119,899
Church World Service INCIN · FY2024$116,500
See all 940 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$30.8M
Ln 12
Gifts and grantsLn 1h$30.8M
Investment incomeLn 3$544
Money outPt IX
$31.5M
Ln 25
Programscol B$31.0M
Managementcol C$252K
Fundraisingcol D$293K
Owns and owesPt X
$2.3M
net assets · Ln 32
Cash and savingsLn 1–2$2.3M
Total assetsLn 16$3.3M
LiabilitiesLn 26$1.0M
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$30.8M
Noncash giftsLn 1g$472K
Investment incomeLn 3$544
Gains on assetsLn 7−$26K
Total revenueLn 12$30.8M
Assets in detailPt X, end of year
CashLn 1$2.3M
Cash and savings togetherLn 1–2$2.3M
Total assetsLn 16$3.3M
LiabilitiesLn 26$1.0M
Net assetsLn 32$2.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$540K$2.3M
Total assetsLn 16$3.1M$3.3M
LiabilitiesLn 26$43K$1.0M
Net assetsLn 32$3.0M$2.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$28.4M$28.4M
Grants to domestic individualsLn 2$156K$156K
Grants and assistance to foreign recipientsLn 3$2.3M$2.3M
Legal feesLn 11b$46K$46K
Accounting feesLn 11c$109K$109K
Office expensesLn 13$5K$5K
Information technologyLn 14$15K$15K
TravelLn 17$697$697
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$456K$91K$74K$292K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$31.5M$31.0M$252K$293K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $19.3M$21.7M−$2.4M$8.5M 990 PDF
FY2024 $13.6M$12.0M$1.7M$10.9M 990 PDF
FY2023 $5.1M$13.9M−$8.8M$9.2M 990 PDF
FY2022 $65.5M$57.7M$7.7M$16.5M 990 PDF
FY2021 $15.3M$7.2M$8.1M$10.4M 990 PDF
FY2020 Viewing $30.8M$31.5M−$716K$2.3M 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
See the full FY2020 990 (6 parts)
Part I · Summary $30,792,768 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,353,431$30,818,096
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0−$25,328
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,353,431$30,792,768
I-13 Grants and similar amounts paidPrior year $4,368,777$30,873,671
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $409,831$635,449
I-18 Total expensesPrior year $4,778,608$31,509,120
I-19 Revenue less expensesPrior year −$2,425,177−$716,352
Part VI · Governance 2 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
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
Part VIII · Statement of revenue $30,792,768 across 6 lines filed
VIII-1f All other contributions, gifts and grants$30,818,096
VIII-1g Noncash contributions (included above)$471,680
VIII-1h Total contributions, gifts and grants$30,818,096
VIII-3 Investment incomeExcluded from tax $544$544
VIII-7 Net gain or loss on sales of assetsRelated to mission −$25,872−$25,872
VIII-12 Total revenueRelated to mission −$25,872 · Unrelated business $0 · Excluded from tax $544$30,792,768
Part IX · Statement of functional expenses $31,509,120 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $28,385,426$28,385,426
IX-2 Grants to domestic individualsPrograms $156,041$156,041
IX-3 Grants and assistance to foreign recipientsPrograms $2,332,204$2,332,204
IX-11b Legal feesManagement $45,960$45,960
IX-11c Accounting feesManagement $109,317$109,317
IX-13 Office expensesManagement $5,273$5,273
IX-14 Information technologyManagement $15,000$15,000
IX-17 TravelManagement $697$697
IX-23 InsuranceManagement $1,962$1,962
IX-24 Other expenses (24a–d)Programs $90,545 · Management $73,508 · Fundraising $292,044$456,097
IX-24e All other expensesFundraising $1,143$1,143
IX-25 Total functional expensesPrograms $30,964,216 · Management $251,717 · Fundraising $293,187$31,509,120
Part X · Balance sheet $3,296,431 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $539,535$2,328,305
X-3 Pledges and grants receivableStart of year $2,298,928$834,061
X-4 Accounts receivableStart of year $215,378$132,048
X-9 Prepaid expenses and deferred chargesStart of year $1,596$2,017
X-16 Total assetsStart of year $3,055,437$3,296,431
X-18 Grants payableStart of year $43,272$1,000,583
X-26 Total liabilitiesStart of year $43,272$1,000,583
X-27 Net assets without donor restrictionsStart of year $13,508$68,588
X-28 Net assets with donor restrictionsStart of year $2,998,657$2,227,260
X-32 Total net assets or fund balancesStart of year $3,012,165$2,295,848
X-33 Total liabilities and net assetsStart of year $3,055,437$3,296,431
Part XI · Reconciliation of net assets $2,295,848 net assets at year end
XI-1 Total revenue$30,792,768
XI-2 Total expenses$31,509,120
XI-3 Revenue less expenses−$716,352
XI-4 Net assets at start of year$3,012,165
XI-5 Net unrealized gains (losses) on investments$35
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,295,848

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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