BEducationEIN: 261123420· Ruling Year: 2008

Good Life Foundation Inc

Syracuse, New York

A-Health Score
83A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.28×
Peer Median20.77×
💰
$2.4M
Total Revenue
📊
$2.4M
Total Expenses
🏦
$662K
Net Assets
📋
$51K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+17.8%
Year-over-year change (2022 → 2023)
Net Margin
+0.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.28
Net assets divided by total expenses
Liabilities-to-Assets
7.2%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2023$2,417,41418%$2,404,89054%$713,4929%
2022$2,052,63163%$1,564,27141%$653,02857%
2021$1,257,735120%$1,108,02179%$416,066336%
2019$572,72364%$620,426160%$95,43833%
2018$348,43189%$238,79727%$143,504324%
2017$184,169184%$188,315190%$33,8697%
2016$64,954$64,982$36,413

Frequently Asked Questions

What does Good Life Foundation Inc do?

Good Life Foundation Inc is a education nonprofit organization based in New York. It is classified under NTEE code B90 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Good Life Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Good Life Foundation Inc has a score of 83/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Good Life Foundation Inc generate?

Good Life Foundation Inc reports $3.7M in annual revenue and holds $994K in total assets, based on IRS filings.

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