Good360

Overview

Mission

Good360’s mission is to close the need gap to open opportunity for all. We’re on a mission to close the need gap In 1983, Good360 set out on a journey to distribute product donations directly to people in need and, today, we’re still going strong. Through lasting partnerships with our corporate donors and nonprofit network, we’ve proudly distributed more than $25 billion in goods to over 100 million people globally. But that’s not all we do — or all we can achieve. Amid the urgency of extreme weather events, persistent poverty, and urgent crises, we continue to close the need gap and open opportunity: for donors and nonprofits to better serve their communities, for communities to become more resilient, and for us all to create a more sustainable world.

What it reported doing in 2024

As the global leader in product philanthropy and purposeful giving, good360 partners with hundreds of companies to source highly needed goods and distribute them through our diverse network of more than 100,000 vetted nonprofits that support people in need across the u.s. And internationally. In 2024, good360 donated more than $3.2 billion in goods, providing our corporate partners with a responsible solution for unsold goods and customer returns. Good360 keeps millions of pounds of goods out of landfills each year, helping companies achieve sustainability and zero-waste goals while fulfilling the growing needs of our communities by directing goods to where they can do the most good.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
541282616
IRS 990 coverage
2010–2024
Official website data refreshed
Jun 2026
Forms available
Form 990 2024
Location
Alexandria, VA, United States
Phone
1-888-401-9070
Rating
90
Verdict
STRONG
Rating confidence
Standard
Sector
Support N.E.C.

Official website

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 80
  • Accountability: 100
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.7%; rating input score 100
  • Fundraising efficiency: $783.39 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 25th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 3 of 8 controls in place; rating input score 38
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Pass
    • May suspend future funding: Fail
    • Requires financial reports: Pass
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 96.3%; rating input score 96; 29th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 76th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -2%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.03; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 83; 83rd percentile among comparable filings
  • Officer compensation ratio: 0.1%; rating input score 93; 93rd percentile among comparable filings

Growth

  • Program expense growth: 24.6% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 20% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 15.5% per year; rating input score 100; 87th percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 100% of revenue deployed · 99.7% of spending went to programs
  • Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3.3B in reported program spending
  • Leadership: top reported pay $315K · 21 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $9.8M reported
  • Consistency: 35 of 36 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 14 annual filings from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 3293 filed money-flow records
  • Related organizations: 3226 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Transparency & Controls: Foreign activity oversight: 5 of 8 not reported.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.

Leadership & pay

21 people listed

Highest reported compensation

  • ROMAINE SEGUIN (CHIEF EXECUTIVE OFFICER (TO 8/2024)): $314,515 total reported compensation
  • KENNETH TROSHINSKY (CHIEF FINANCIAL OFFICER): $248,674 total reported compensation
  • JONATHON CANNON (INTERIM CEO (AS OF 11/2024)): $246,428 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024.