TPhilanthropy, Voluntarism & GrantmakingEIN: 843607923· Ruling Year: 2020

Goodness Web Foundation

Wayland, Massachusetts

B-Health Score
47B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.62×
Peer Median15.61×
💰
$1.7M
Total Revenue
📊
$6.1M
Total Expenses
🏦
$3.8M
Net Assets
📋
$4.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-69.7%
Year-over-year change (2022 → 2023)
Net Margin
-250.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.62
Net assets divided by total expenses
Liabilities-to-Assets
52.8%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$1,742,12370%$6,101,254139%$8,021,98611%
2022$5,752,83212%$2,552,810557%$9,045,03889%
2021$5,142,9261748%$388,29731%$4,775,06423418%
2020$278,255141%$296,57334%$20,30447%
2019$115,477$220,883$38,622

Frequently Asked Questions

What does Goodness Web Foundation do?

Goodness Web Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Massachusetts. It is classified under NTEE code T01 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Goodness Web Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Goodness Web Foundation has a score of 47/100 (Grade: B-). 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 Goodness Web Foundation generate?

Goodness Web Foundation reports $4.6M in annual revenue and holds $9.0M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Philanthropy, Voluntarism & Grantmaking category, or browse all nonprofits in Massachusetts.

Goodness Web Foundation — Wayland, MA | GiveScope