Good Plus Foundation Inc
Nonprofit profile at a glance
- EIN
- 311777082
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 2127361777
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Emergency Assistance
Reported finances
- Revenue
- $16,085,944
- Expenses
- $18,630,040
- Assets
- $6,585,462
- Liabilities
- $1,637,928
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
26 people listed
Executive titles in this filing
- KATHERINE E SNIDER (CEO (THRU 11/1/24))
- LAUREL P WEST (INTERIM CEO (AS OF 11/1/24))
Highest reported compensation
- KATHERINE E SNIDER (CEO (THRU 11/1/24)): $343,582 total reported compensation
- LAUREL P WEST (INTERIM CEO (AS OF 11/1/24)): $256,391 total reported compensation
- ABDULAI AIDOO (VP OF FINANCE & ADM): $187,649 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o.
What it reported doing in 2024
Fatherhood/dads - the good+ fatherhood initiative aims to improve the economic self-sufficiency of fathers, create a community of support for low-income, custodial and non-custodial fathers, and promote father engagement strategies that incorporate fathers and father figures in child development and parenting. Program partners have access to in-kind donations, technical support through the training academy, and family cash grants. In 2024, good+ trained 5,799 social workers, nurse home visitors, caseworkers, and administrators in 16 states beyond ny and ca (az, co, ct, dc, fl, nh, nj, oh, or, pa, sc, tx, nv, ok and wa) and delivered 5 keynote addresses and 9 virtual workshops for national convenings on fathers engagement and trauma-informed care. Good+ also provided 26 technical assistance sessions and are collaborating with nyc's administration for children's services to enhance father-focused practices.
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 85% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
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 fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 88
- Accountability: 100
- Sustainability: 16
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 89.3%; rating input score 89
- Fundraising efficiency: $17.6 raised per $1 spent on fundraising; rating input score 54; 54th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.7%; rating input score 100; 36th 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; 66th 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: -15.8%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.35; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 0.25; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 7.1%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: 10.5% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 10.9% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 7.4% per year; rating input score 100; 51st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 89.3% of spending went to programs
- Governance: 18 of 18 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $16.6M in reported program spending
- Leadership: top reported pay $344K · 26 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $281K reported
- Consistency: 36 of 36 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 103 filed money-flow records
- Related organizations: 66 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.
- High — Sustainability: Operating margin scored 6/100.
- Review — Financial Efficiency: Fundraising efficiency scored 54/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.