For Good Movement Inc
Nonprofit profile at a glance
- EIN
- 831488624
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Orlando, FL, USA
- Phone
- 4079973135
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $185,189
- Expenses
- $186,033
- Assets
- $44,463
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Winnie Mulamba (Vice President)
- Alex Smith (President & COO)
People named in this filing
- Winnie Mulamba (Vice President)
- Jared Meyers (Secretary & Chairman)
- Alex Smith (President & COO)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Transform capitalism for resilience in the face of shifting demographics, shocks and stressors that are frequently occurring and with more magnitude. Support growth of the b corp movement to enable collective action for large scale impact and economic systems change.
What it reported doing in 2024
Uf business for good lab - launched in spring 2019, for good movement partnered with the warrington college of business at the university of Florida this is an experiential learning program that runs every spring semester at the university of florda in partnership with for good movement. In spring 2024, 48 students (25 graduate + 23 undergraduate) were trained on how to perform a business impact assessment and later on got paired with 15 business in Florida to complete an actual impact assessment and provide recommendations to these businesses that needed help understanding their business impact on the enviroment and society as well as becoming certified b corporations. This program has allowed for good movement, inc. To provide businesses with free consulting services to facilitate their b corp certification process while providing practical experience to students at the university of Florida.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 100
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.6%; rating input score 95
- Program expense ratio: 94.2%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -0.5%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 0.24; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 17.3%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 34.5% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 36.2% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 68.1% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 94.6% of revenue deployed · 94.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $175K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Sustainability: Operating margin scored 32/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- High — Sustainability: Officer compensation ratio scored 17/100.