Goodwill Community Outreach Fund a Nj Nonprofit Corporation

Nonprofit profile at a glance

EIN
932830969
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Highland Lakes, NJ, USA
Phone
2013707595
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Emergency Assistance

Reported finances

Revenue
$27,897
Expenses
$19,139
Assets
$19,235
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • NANCY EISENBERG (PRESIDENT)
  • ELIZABETH HOLDA (OUTGOING VICE PRESIDENT (9/2024))

People named in this filing

  • NANCY EISENBERG (PRESIDENT)
  • MARTHA LEWIN (VP/SECRETARY)
  • ELIZABETH HOLDA (OUTGOING VICE PRESIDENT (9/2024))

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

Provide short term assistance to members of the community experiencing emergencies or other unforeseen circumstances through financial assistance, education, advocacy and other support as needed.

What it reported doing in 2024

Community assistance - we support our community through fundraising initiatives, donation drives, and coordinated outreach efforts. By mobilizing resources and encouraging collective giving, we help provide essential assistance, including food support and other basic needs, to individuals and families facing hardship.

Operating model

Revenue model
Other-operating. 63% of the money available for current operations came from other operating revenue.
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

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 82
  • Sustainability: 67
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.5%; rating input score 53
  • Program expense ratio: 77.9%; rating input score 78

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 31.4%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 1.01; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 70.7% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 24.2% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 59% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 53.5% of revenue deployed · 77.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $15K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 53/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.