Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2025.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
63 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
5 people listed on the 990; $150K paid to officers and key staff (Part VII, Section A).
Nicole Fain’s $150K as SR Director/Manager is at the 64th percentile of top reported officer pay among 3395 $1–10M education 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.
See Good Soil Edc INC executive salaries →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
Empowers under-resourced entrepreneurs with online training, mentorship, and resources.
Questions for Good Soil Edc INC
Your first name shows with your question. Good Soil Edc INC answers here, for everyone.
A conference that brings together entrepreneurs, business leaders, and investors to share resources, network, and grow their businesses. It includes workshops, panels, keynote speakers, and a pitch competition.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 99-0625536) · Dispute this lineGood soil HQ is a T.D. Jakes enterprises project app (ios & android). App is designed to connect entrepreneurs with resources and opportunities to foster business growth and generational wealth, with a goal of supporting a million businesses in a decade.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 99-0625536) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $270K | |
| Total assetsLn 16 | $0 | $276K |
| LiabilitiesLn 26 | $0 | $16K |
| Net assetsLn 32 | $0 | $260K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $610K | $386K | $143K | $81K |
| Other salaries and wagesLn 7 | $352K | $223K | $82K | $47K |
| Other employee benefitsLn 9 | $268K | $169K | $63K | $36K |
| Payroll taxesLn 10 | $77K | $49K | $18K | $10K |
| Management feesLn 11a | $62K | $39K | $14K | $8K |
| Legal feesLn 11b | $12K | $8K | $3K | $2K |
| Accounting feesLn 11c | $22K | $14K | $5K | $3K |
| Other fees for servicesLn 11g | $1.0M | $634K | $234K | $133K |
| Advertising and promotionLn 12 | $718K | $455K | $168K | $96K |
| Office expensesLn 13 | $8K | $5K | $2K | $1K |
| Information technologyLn 14 | $326K | $206K | $76K | $43K |
| TravelLn 17 | $104K | $66K | $24K | $14K |
| Conferences, conventions and meetingsLn 19 | $198K | $125K | $46K | $26K |
| Other expenses (24a–d)Ln 24 | $100K | $63K | $23K | $13K |
| All other expensesLn 24e | $17K | $11K | $4K | $2K |
| Total functional expensesLn 25 | $3.9M | $2.5M | $907K | $515K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS May 12, 2025 | $4.1M | $3.9M | $261K | $260K | 990 PDF |
Schedules filed Part IV
See the full FY2024 990
Part I · Summary $4,135,636 revenue, 12 lines filed
Part VI · Governance 0 of 3 board members independent, 4 to look at
Part VIII · Statement of revenue $4,135,636 across 7 lines filed
Part IX · Statement of functional expenses $3,874,784 across 15 lines filed
Part X · Balance sheet $275,508 assets, 11 lines filed
Part XI · Reconciliation of net assets $259,998 net assets at year end
Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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