MyGoodness Inc
Nonprofit profile at a glance
- EIN
- 861551902
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Palos Verdes Estates, CA, USA
- Phone
- 3108726905
- Rating confidence
- Limited
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $0
- Expenses
- $839
- Assets
- $82,202
- Liabilities
- $1,402
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Caitlin Stetson (CEO)
People named in this filing
- Caitlin Stetson (CEO)
- Margaret Thomas (Chairman)
- Russell Schmidt (Secretary)
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
My Goodness is giving site that lets generosity grow. It will inspire people to people to participate in a chain reaction of donations sparking generosity for a variety of causes across communities of small donors.
What it reported doing in 2024
MyGoodness Inc. was formed to provide a no-fee online platform for individuals and groups to discover, select, and manage their charitable donations, helping incentivize donations through group giving, social motivators, and giving tracking. Mygoodness seeks to provide a donor-centered platform with the mission of empowering donors of all sizes to leverage the influence of a dollar with digital-first, donor-centric tools that bring modern convenience to giving and drive a more equitable philanthropic landscape collectively the Activity or Activities.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 82
- Sustainability: 39
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 97.98; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -87.9% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: -15.5% per year; rating input score 0; 18th percentile among comparable filings
- Asset growth: -5.7% per year; rating input score 0; 23rd percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $839 in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.