Nonprofits/Organizations/54-1282616
Active
501(c)(3)
Q193
Form 990

Good360

EIN 54-1282616ALEXANDRIA, VA 22314Founded 1984WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

GOOD360'S MISSION IS TO CLOSE THE NEED GAP TO OPEN OPPORTUNITY FOR ALL. WE LIVE IN A WORLD OF PLENTY, YET MILLIONS OF PEOPLE FIND THEMSELVES IN CRITICAL NEED EVERY DAY, CREATING A VAST NEED GAP. AT GOOD360, WE ARE ON A MISSION TO CLOSE THAT GAP. WE KNOW THERE'S MORE THAN ENOUGH TO GO AROUND. THAT'S WHY WE WORK TO GET DONATED GOODS TO WHERE THEY CAN DO THE MOST GOOD, TO CLOSE THE NEED GAP. WHEN WE CLOSE THE GAP, WE OPEN OPPORTUNITY: FOR DONORS AND NONPROFITS TO BETTER SERVE THEIR COMMUNITIES, FOR COMMUNITIES TO BECOME MORE RESILIENT, AND FOR US ALL TO CREATE LESS WASTE. BUT MOST OF ALL, WE HELP PEOPLE TO REACH THEIR BOUNDLESS POTENTIAL.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$3.3B

+6.6%YoY

Total Expenses

$3.3B

+12.1%YoY

Net Assets

$98.3M

-40.4%YoY

Employees

109

+11.2%YoY

Volunteers

54

Grants Paid

$3.3B

Program Expense Ratio

99.7%

Fundraising Efficiency

78338.9%

This nonprofit profile presents IRS Form 990 tax filing data for Good360 (EIN: 54-1282616), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, top independent contractors, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue grew +6.6% to $3.3B
Program spending ratio of 99.7% — excellent
0.4 months of operating reserves — limited runway
Expenses increased +12.1% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
11-member board, 11 independent

Compensation

Top compensation: $314,515 (CHIEF EXECUTIVE OFFICER (TO 8/2024))
Top exec pay is 0.0% of total expenses — very modest
Schedule J filed for 9 individuals — detailed disclosure
No executive perks reported

Program Effectiveness

1 program reported
99.7% of spending goes to programs
1 program generates revenue — self-sustaining activity
$3.3B in grants paid to other organizations
54 volunteers engaged

Financial Stability

Debt-to-asset ratio of 9.0% — low leverage
0.0 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets trending upward over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Good360 is a 501(c)(3) nonprofit headquartered in ALEXANDRIA, VA, founded in 1984. The organization has held tax-exempt status since 1984. In its 2024 filing, the organization reported $3.3B in total revenue, a 6.6% increase from the prior year, and $3.3B in total expenses. The organization employed 109 people and engaged 54 volunteers. ROMAINE SEGUIN, CHIEF EXECUTIVE OFFICER (TO 8/2024), is the highest-compensated individual at $314,515. The organization runs 1 program, totaling $3.3B in program expenses. 6 of 6 recommended governance policies are in place.

Good360 is classified under NTEE code Q193. Its foundation type is 15.

Programs(Tax Year 2024)

1 record

Programs Overview

Good360 operates 1 program, with total program expenses of $3.3B. Good360's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $3,322,111,547

AS THE GLOBAL LEADER IN PRODUCT PHILANTHROPY AND PURPOSEFUL GIVING, GOOD360 PARTNERS WITH HUNDREDS OF COMPANIES TO SOURCE HIGHLY NEEDED GOODS AND DISTRIBUTE THEM THROUGH OUR DIVERSE NETWORK OF MORE THAN 100,000 VETTED NONPROFITS THAT SUPPORT PEOPLE IN NEED ACROSS THE U.S. AND INTERNATIONALLY. IN 2024, GOOD360 DONATED MORE THAN $3.2 BILLION IN GOODS, PROVIDING OUR CORPORATE PARTNERS WITH A RESPONSIBLE SOLUTION FOR UNSOLD GOODS AND CUSTOMER RETURNS. GOOD360 KEEPS MILLIONS OF POUNDS OF GOODS OUT OF LANDFILLS EACH YEAR, HELPING COMPANIES ACHIEVE SUSTAINABILITY AND ZERO-WASTE GOALS WHILE FULFILLING THE GROWING NEEDS OF OUR COMMUNITIES BY DIRECTING GOODS TO WHERE THEY CAN DO THE MOST GOOD.

Financial Overview(Tax Years 2019–2024)

6 records

Financial Highlights

Over the past 6 years, Good360's revenue has grown from $325.0M to $3.3B, a 904.5% increase. Program expenses represent 100% of total spending.

Revenue increased 6.6% year-over-year, while expenses grew 12.1%. net assets fell to $98.3M, down 40.4% from the prior year. the organization added 11 employees.

Good360 derives 99% from contributions and grants, with 1% from program services, with 0% from investment income.

Revenue is heavily concentrated: 99% comes from contributions and grants, indicating limited diversification.

Good360 allocates 100% to programs, 0% to management and general, 0% to fundraising.

Expenses grew by 12.1%, outpacing revenue growth of 6.6% — a trend to watch if it continues.

Good360 distributed $3.3B in grants to other organizations and individuals, representing 99% of total expenses.

Over 6 filings from 2019–2024, Good360 grew revenue from $325.0M to $3.3B (+904.5%) while maintaining a program expense ratio of 100%. During this period, the organization grew from 54 to 109 employees.

Good360 holds $108.1M in total assets against $9.8M in liabilities (debt-to-asset ratio of 9%). The organization has 0.3 months of operating reserves. Cash and equivalents of $374K cover approximately 0.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$3.3B$3.2B$0$24.7M$338K
2023$3.1B$3.0B$0$19.1M$112K
2022$2.7B$2.7B$0$16.9M$-355K
2021$1.7B$1.7B$797K$11.7M$137K
2020$879.2M$869.8M$0$8.3M$7K
2019$325.0M$319.8M$0$4.7M$15K

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$3.3B$3.3B$5.0M$4.1M$3.3B
2023$3.0B$3.0B$4.9M$3.2M$2.9B
2022$2.7B$2.7B$3.4M$2.3M$2.6B
2021$1.7B$1.7B$2.6M$2.2M$1.7B
2020$812.0M$807.9M$2.0M$2.1M$797.1M
2019$338.5M$334.7M$2.0M$1.8M$329.1M

Program Expense Ratio

99.7%

Admin Expense Ratio

0.1%

Fundraising Efficiency

78338.9%

Operating Reserve

0.3 mo

People & Compensation(Tax Year 2024)

21 records

Compensation Summary

Good360 reported compensation for 21 officers and key employees. Total officer compensation was $2.1M, representing 0.1% of total expenses.

Good360's highest-compensated individual received $315K in total compensation. Total officer compensation of $2.1M represents 0.1% of total expenses.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
ROMAINE SEGUINCHIEF EXECUTIVE OFFICER (TO 8/2024)
Officer
40.00$305,769$0$314,515
KENNETH TROSHINSKYCHIEF FINANCIAL OFFICER
Officer
40.00$213,061$0$248,674
JONATHON CANNONINTERIM CEO
Officer
40.00$213,387$0$246,428
STEPHANE MOULECCHIEF TECHNOLOGY OFFICER
Key Employee
40.00$194,329$0$202,215
ELENA BALINTVP, MARKETING
Highest Comp
40.00$179,592$0$193,303
THOMAS DAVISSR DIRECTOR, CORPORATE DEVELOPMENT
Highest Comp
40.00$165,428$0$193,109
ERIN DILLENBECKDIRECTOR, CORPORATE DEVELOPMENT
Highest Comp
40.00$168,949$0$183,853
LENORE FREEMANVP, PEOPLE & CULTURE
Highest Comp
40.00$156,698$0$183,793
JASON MACFARLANESENIOR VP, OPERATIONS
Highest Comp
40.00$160,650$0$167,180
ALISON DECOURCEYCHIEF RESOURCE DEVELOPMENT OFFICER
Officer
40.00$131,226$0$132,761
SOUMIT NANDIDIRECTOR
Director
2.00$1,500$0$1,500
MARK WHITEDIRECTOR
Director
2.00$1,500$0$1,500
NANCY RYANDIRECTOR
Director
2.00$1,000$0$1,000
LIBBY JOHNSON MCKEEDIRECTOR
Director
2.00$1,000$0$1,000
SUSAN BROWNELLDIRECTOR
Director
2.00$1,000$0$1,000
COLLEEN WILLIAMSDIRECTOR
Director
2.00$1,000$0$1,000
MARIA MARTINEZDIRECTOR
Director
2.00$1,000$0$1,000
ANGEL SHUMDIRECTOR
Director
2.00$1,000$0$1,000
JOHN GRUGANCHAIRMAN
OfficerDirector
2.00$500$0$500
ROSEMARIE RYANVICE CHAIRMAN
OfficerDirector
2.00$500$0$500
STACYE BAKERDIRECTOR
Director
2.00$0$0$0

Compensation Breakdown

Schedule J detail — base, bonus, benefits, and executive perks

ROMAINE SEGUIN

Base Salary

$205,769

Bonus

Other Reportable

$100,000

Retirement/Deferred

$8,000

Nontaxable Benefits

$746

KENNETH TROSHINSKY

Base Salary

$210,685

Bonus

$2,376

Other Reportable

Retirement/Deferred

$8,800

Nontaxable Benefits

$26,813

JONATHON CANNON

Base Salary

$141,731

Bonus

$71,656

Other Reportable

Retirement/Deferred

$6,205

Nontaxable Benefits

$26,836

STEPHANE MOULEC

Base Salary

$171,983

Bonus

$22,346

Other Reportable

Retirement/Deferred

$6,879

Nontaxable Benefits

$1,007

ELENA BALINT

Base Salary

$173,897

Bonus

$5,695

Other Reportable

Retirement/Deferred

$3,827

Nontaxable Benefits

$9,884

THOMAS DAVIS

Base Salary

$135,293

Bonus

$30,135

Other Reportable

Retirement/Deferred

Nontaxable Benefits

$27,681

ERIN DILLENBECK

Base Salary

$121,846

Bonus

$47,103

Other Reportable

Retirement/Deferred

$5,204

Nontaxable Benefits

$9,700

LENORE FREEMAN

Base Salary

$137,744

Bonus

$18,954

Other Reportable

Retirement/Deferred

$5,835

Nontaxable Benefits

$21,260

JASON MACFARLANE

Base Salary

$143,100

Bonus

$17,550

Other Reportable

Retirement/Deferred

$5,724

Nontaxable Benefits

$806

Top Contractors(Tax Year 2024)

5 records

Contractor Summary

Good360 reported 5 contractors receiving over $100,000, with total contractor payments of $9.8M.

NameServiceCompensation
RYAN TRANSPORTATION SERVICES INCSHIPPING$2,640,086
ECHO GLOBAL LOGISTICS INCSHIPPING$2,048,065
A&C BUSINESS ENTERPRISESWAREHOUSING$1,875,119
CH ROBINSON WORLDWIDE INCSHIPPING$1,766,199
NESCO RESOURCETEMPORARY EMPLOYMENT AGENCY$1,470,654

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Good360 has 6 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 11 members, 11 of whom are independent.

Good360's financial statements are audited, an audit committee oversees the process.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members11
Independent members11

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2024)

3273 records

Organization Grants

RecipientLocationAmountPurpose
UNITED MOVEMENT INC383862033LAS VEGAS, NVTO ASSIST THOSE IN NEED
ARIZONA HYGIENE FOR HOPE464998097PHOENIX, AZTO ASSIST THOSE IN NEED
GOODS 2 HOPE612038929SIDNEY, OHTO ASSIST THOSE IN NEED
SUSTAINABLE LOGISTICS872970581DALLAS, TXTO ASSIST THOSE IN NEED
CARING FOR OTHERS161622195ATLANTA, GATO ASSIST THOSE IN NEED
HOUSE OF PRAISE AND WORSHIP CHURCH621869024LEXINGTON, TNTO ASSIST THOSE IN NEED
SUNSHINE ACRES BOUTIQUE & DONATION CENTER821201725PHOENIX, AZTO ASSIST THOSE IN NEED
US ASSOCIATION FOR UNHCR521662800WASHINGTON, DCTO ASSIST THOSE IN NEED
WORLD OF GIVING611666525NEWBURGH, NYTO ASSIST THOSE IN NEED
UNITED MOVEMENT INC383862033NORTH LAS VEGAS, NVTO ASSIST THOSE IN NEED
INVOCATION920828742GALLATIN, TNTO ASSIST THOSE IN NEED
AGAPE DISTRIBUTION300224502SIDNEY, OHTO ASSIST THOSE IN NEED
CHRISTIAN APPALACHIAN PROJECTOPERATION610661137CORBIN, KYTO ASSIST THOSE IN NEED
OPERATION COMPASSION621697490CLEVELAND, TNTO ASSIST THOSE IN NEED
HAND TO HAND FOUNDATION INC201160673ALMA, ARTO ASSIST THOSE IN NEED
NATIVE AMERICAN HERITAGE ASSOCIATION460414390BLACK HAWK, SDTO ASSIST THOSE IN NEED
SERV INTERNATIONAL INC582578177CANTON, GATO ASSIST THOSE IN NEED
SMART DEVELOPMENT INC824991900CLEVELAND, OHTO ASSIST THOSE IN NEED
MORNINGDAY COMMUNITY SOLUTIONS273394972WEST PALM BEACH, FLTO ASSIST THOSE IN NEED
CIS DEVELOPMENT FOUNDATION223304404EAST BRUNSWICK, NJTO ASSIST THOSE IN NEED

Showing 20 of 3273 grants.

Foreign Activities(Tax Year 2024)

International Overview

Activities span NORTH AMERICA, EUROPE (INCLUDING ICELAND AND GREENLAND), EAST ASIA AND THE PACIFIC.

Regions & Countries

Region / CountryActivityExpenditure
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES
EUROPE (INCLUDING ICELAND AND GREENLAND)
EAST ASIA AND THE PACIFIC

Filing History(Tax Years 1984–2024)

6 records

Showing the 6 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$3.3B$3.3B$98.3M
2023
990
2023-01-01 – 2023-12-31$3.1B$3.0B$164.9M
2022
990
2022-01-01 – 2022-12-31$2.7B$2.7B$73.4M
2021
990
2021-01-01 – 2021-12-31$1.7B$1.7B$55.7M
2020
990
2020-01-01 – 2020-12-31$879.2M$812.0M$91.5M
2019
990
2019-01-01 – 2019-12-31$325.0M$338.5M$24.3M
1984–2018No filings acquired yet

Frequently Asked Questions

What does Good360 do?

GOOD360'S MISSION IS TO CLOSE THE NEED GAP TO OPEN OPPORTUNITY FOR ALL. WE LIVE IN A WORLD OF PLENTY, YET MILLIONS OF PEOPLE FIND THEMSELVES IN CRITICAL NEED EVERY DAY, CREATING A VAST NEED GAP. AT GOOD360, WE ARE ON A MISSION TO CLOSE THAT GAP. WE KNOW THERE'S MORE THAN ENOUGH TO GO AROUND. THAT'S WHY WE WORK TO GET DONATED GOODS TO WHERE THEY CAN DO THE MOST GOOD, TO CLOSE THE NEED GAP. WHEN WE CLOSE THE GAP, WE OPEN OPPORTUNITY: FOR DONORS AND NONPROFITS TO BETTER SERVE THEIR COMMUNITIES, FOR COMMUNITIES TO BECOME MORE RESILIENT, AND FOR US ALL TO CREATE LESS WASTE. BUT MOST OF ALL, WE HELP PEOPLE TO REACH THEIR BOUNDLESS POTENTIAL.

How much revenue does Good360 have?

Good360 reported $3,264,744,236 in total revenue for tax year 2024, up 6.6% from the prior year.

Who is the highest-paid executive at Good360?

ROMAINE SEGUIN, CHIEF EXECUTIVE OFFICER (TO 8/2024), received $314,515 in total compensation as of tax year 2024.

Is Good360 a 501(c)(3)?

Yes, Good360 is classified as a 501(c)(3) tax-exempt organization.

Where is Good360 located?

Good360 is headquartered in ALEXANDRIA, VA 22314.

How many employees does Good360 have?

Good360 has 109 employees and 54 volunteers as of tax year 2024.

Is Good360 audited?

Yes, Good360's financial statements are audited, and the organization has an audit committee.

How much does Good360 spend on fundraising?

Good360 reported $4,135,112 in fundraising expenses for tax year 2024, which represents 0.1% of total expenses.

Does Good360 give grants?

Yes, Good360 distributed $3,295,725,303 in grants to other organizations and individuals in tax year 2024. Top recipients include UNITED MOVEMENT INC, ARIZONA HYGIENE FOR HOPE, GOODS 2 HOPE.

Does Good360 operate internationally?

Yes, Good360 conducts activities outside the United States. Activities span NORTH AMERICA, EUROPE (INCLUDING ICELAND AND GREENLAND), EAST ASIA AND THE PACIFIC.

Data Source

Prepared by: CBIZ ADVISORS LLC, WASHINGTON, DC

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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