Overview
What is Good Work Network?
Good Work Network, formally known as GOBE, is a 501(c)3 nonprofit organization situated in New Orleans, Louisiana. Established in 2001, their primary mission is to foster the success of minority and women-owned businesses, contributing to an inclusive and equitable economy. They achieve this by providing business development services to small, community-based enterprises that support families and sustain local communities. Good Work Network functions as a catalyst, offering the necessary resources for these businesses to thrive. Their activities are centered around expanding the local economy by nurturing entrepreneurship among marginalized groups. With a team of five dedicated individuals, Good Work Network contributes significantly to the economic growth and stability of the communities they serve.
Official website here: www.goodworknetwork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating. Good Work Network demonstrates a solid performance in both accountability and community engagement, reflected in its high scores. With an 83% rating in Accountability & Finance, the organization shows a commitment to responsible financial management. The 17% score in Culture & Community indicates areas for further improvement, although the feedback from constituents is exceptionally strong.
The organization excels in its feedback processes, achieving perfect scores in feedback collection and usage, as well as overall practices. This highlights their dedication to listening to and acting upon the needs of their community. Their equity strategies also score well at 85 out of 100, indicating a proactive approach to inclusivity.
However, there are some concerns regarding the program expense ratio at 59.52%, which may suggest that more funding could be channeled directly into programs rather than administrative costs. The liabilities to assets ratio of 16.64% is a positive sign, indicating a healthy balance sheet. Overall, Good Work Network appears to be a responsible nonprofit with a clear focus on community engagement, though there remains room for improvement in financial allocation towards programs.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Good Work Network?
90% of 15 reviewers on Facebook recommend Good Work Network. Here’s a summary of their reviews:
The Good Work Network is viewed as an essential contributor to the economic vitality of the New Orleans and Louisiana community. Many recognize its significant role in supporting entrepreneurs and small business owners, noting that the organization fosters job creation and wealth opportunities in the area. Reviewers express heartfelt appreciation for the dedication of the staff, highlighting their commitment to helping individuals turn their dreams into reality.
A reviewer, who has served on the Board of Directors, shares personal insights about the positive impact the Network has had on local businesses. They convey a strong sense of gratitude towards the CEO and the entire team for their relentless efforts. Overall, there is a consensus that Good Work Network is not only fulfilling its mission but also gaining the trust and respect of those it serves in the community.
This AI summary has been generated from reviews found on Facebook.
Is Good Work Network legitimate?
Good Work Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good Work Network 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: $147,012
Professional Fundraising Fees: $0
Other Salaries and Wages: $188,650
For more financial information, click here
Official website here: www.goodworknetwork.org
What is the mission statement of Good Work Network?
Good Work Network, established as a 501(c)3 in 2001, serves as a catalyst for the success of minority- and women-owned businesses. Their mission is to envision an inclusive and equitable economy, where diverse entrepreneurs have access to the resources necessary for their businesses to thrive. Good Work Network provides business development services to small, community-based businesses that support families and sustain communities, aiming to foster the success of minority and women-owned businesses.
Official website here: www.goodworknetwork.org
Who is the CEO of Good Work Network?
Daphne Mcbeth is the Chair of Good Work Network.
Official website here: www.goodworknetwork.org
What is the revenue of Good Work Network?
Good Work Network's revenue in 2021 was $571,713.
Official website here: www.goodworknetwork.org
Who are the executives of Good Work Network and what are their salaries?
The average compensation at Good Work Network during 2021 was $67,132. There are 5 employees and 11 volunteers at Good Work Network.
Here are 10 key members and their salaries:
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- Compensation: $147,012
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- Other: $6,953
Official website here: www.goodworknetwork.org
Where can I find the form 990 for Good Work Network?
Good Work Network's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.goodworknetwork.org
Learn more at the official website: www.goodworknetwork.org
Mission Statement of Good Work Network
Good Work Network, established as a 501(c)3 organization in 2001, serves as a catalyst for the success of minority- and women-owned businesses. Their mission is to envision an inclusive and equitable economy, where diverse entrepreneurs have access to the resources necessary to thrive. Good Work Network is committed to providing business development services to small, community-based businesses that support families and contribute to the sustainability of their communities. By acting as a catalyst, Good Work Network aims to foster the success of minority and women-owned businesses, contributing to a more diverse and equitable economic landscape.
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Impact
July, 2024
Good Work Network's impact can be seen in the growth and development of minority and women-owned businesses in New Orleans and beyond. By providing business development services and support, they have helped these small community-based businesses thrive, in turn supporting families and sustaining communities. Through their work, Good Work Network is contributing to the expansion of local economies by fostering a diverse and inclusive network of entrepreneurs who have access to the resources they need to succeed. Their mission to serve as a catalyst for minority- and women-owned business success is evident in the lasting impact they have on the business landscape and the overall community improvement they bring about.
This information is meant to be a general summary of Good Work Network. 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 2021.
- Investment Income: $426
- Program Service Revenue: $2,684
- Gross Receipts: $607,388
Assets and Liabilities:
- Total Assets: $1,470,555
- Total Liabilities: $249,135
- Net Assets: $1,221,420
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$2,684
Organization Details
Founding Year
2001
Phone
(504) 309-2073Principal Officer
Daphne Mcbeth
Main Address
2016 ORETHA CASTLE HALEY BLVD, NEW ORLEANS, LA, 70113
Website
www.goodworknetwork.orgNTEE Category
Code: S99 - Community improvement
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