Overview
What is Good Spoon?
Good Spoon is a compassionate nonprofit organization situated in Alexandria, Virginia, specifically at 4739 Valley Street. Their primary mission is to alleviate hardships faced by homeless individuals in the Washington D.C. area. By accepting donations from various contributors, they amass a diverse array of essential living necessities. These donations are then distributed to individuals in need, ensuring they have access to the basic necessities for survival. The organization's small yet dedicated team of two individuals works tirelessly to uphold their mission.
Official website here: www.goodspoon.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 94%, Four-Star out of Four Star rating.
Good Spoon has achieved an impressive 94% score, reflecting a high level of accountability and financial management. The charity's strong performance in this area is primarily due to its complete compliance with required governance structures, such as a fully independent board and robust financial oversight mechanisms. This indicates a commitment to transparency and ethical practices within the organization.
The organization excels in its financial ratios, demonstrating a low liabilities-to-assets ratio of 0.00%, which suggests strong fiscal health. Additionally, a program expense ratio of 74.38% signifies that a substantial portion of its resources is allocated directly to its programs, enhancing its overall impact in the community it serves. These figures highlight Good Spoon's effectiveness in utilizing funds responsibly for its mission.
While the ratings and metrics indicate Good Spoon's strong financial and organizational practices, specific details regarding its programmatic impact and outreach efforts were not provided. A deeper understanding of the direct effects of its initiatives on the community could further strengthen its profile and appeal to potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Good Spoon legitimate?
Good Spoon is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good Spoon submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $70,500
Professional Fundraising Fees: $6,174
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.goodspoon.org
What is the mission statement of Good Spoon?
Good Spoon, an organization, is dedicated to aiding homeless individuals in the Washington D.C. area. It receives various contributions from numerous donors and make use of these donations to provide essential living necessities to those in need. The organization's primary objective is to offer support and alleviate the hardships faced by homeless individuals, ensuring they have access to basic necessities such as food and clothing.
Official website here: www.goodspoon.org
What is the revenue of Good Spoon?
Good Spoon's revenue in 2023 was $901,712.
Official website here: www.goodspoon.org
Who are the executives of Good Spoon and what are their salaries?
The average compensation at Good Spoon during 2023 was $35,250. There are 2 employees at Good Spoon.
Here are 5 key members and their salaries:
- Compensation: $87,579
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.goodspoon.org
Where can I find the form 990 for Good Spoon?
Good Spoon's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.goodspoon.org
Learn more at the official website: www.goodspoon.org
Mission Statement of Good Spoon
Good Spoon, a nonprofit organization, is dedicated to assisting individuals experiencing homelessness in the Washington D.C. area. It receives a variety of donations from numerous contributors, and its primary mission is to distribute essential living necessities to those in need. This encompasses food and clothing, among other items, ensuring that the homeless population in the area has access to the basic necessities for survival.
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Impact
August, 2024
Good Spoon has a significant impact on the homeless population in the Washington DC area by providing essential living necessities such as food and clothing. Through the generous donations received from various contributors, Good Spoon is able to make a tangible difference in the lives of those in need. Their mission of helping homeless individuals in the community has a direct and positive impact on improving the quality of life for those experiencing homelessness.
This information is meant to be a general summary of Good Spoon. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $10,363
- Gross Receipts: $901,712
Assets and Liabilities:
- Total Assets: $469,799
- Total Liabilities: $0
- Net Assets: $469,799
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Organization Details
Founding Year
2004
Principal Officer
Jae Euk Kim
Website
www.goodspoon.orgNTEE Category
Code: P84 - Human services
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