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Nonprofiteer
← MULTIPLYING GOOD INC

Form 990 for tax year 2024

Filed by MULTIPLYING GOOD INC.

Totals

Total revenue
$3,163,559
Total expenses
$3,806,166
Contributions and grants received
$2,360,509
Grants paid
$0
Program service revenue
$706,565
Investment income
$96,485
Other revenue
$0
Total assets, end of year
$1,400,199
Total liabilities, end of year
$2,664,258
Net assets or fund balances, end of year
-$1,264,059
Program services expenses (Part IX)
$1,706,369
Management and general expenses
$1,429,476
Fundraising expenses
$670,321
Program service expenses (Part III)
$1,706,369

Program services were 44.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,360,509

  • 1g · Noncash contributions included above

    $225,729

  • 2a · Program service revenue: COMMUNITY SERVICE EVEN

    total $621,760 · related or exempt $621,760

  • 2b · Program service revenue: PROGRAM FEES

    total $84,805 · related or exempt $84,805

  • 3 · Investment income

    total $96,485 · excluded $96,485

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $395,035 · program services $296,276 · management and general $19,751 · fundraising $79,008

  • 7 · Other salaries and wages

    total $1,643,210 · program services $925,651 · management and general $491,069 · fundraising $226,490

  • 8 · Pension plan contributions

    total $29,695 · program services $17,772 · management and general $7,483 · fundraising $4,440

  • 9 · Other employee benefits

    total $67,315 · program services $38,185 · management and general $19,764 · fundraising $9,366

  • 10 · Payroll taxes

    total $179,291 · program services $107,300 · management and general $45,180 · fundraising $26,811

  • 11b · Fees: legal

    total $2,052 · management and general $2,052

  • 11c · Fees: accounting

    total $73,029 · management and general $73,029

  • 11g · Fees: other

    total $120,119 · program services $48,365 · management and general $71,754

  • 12 · Advertising and promotion

    total $27,545 · program services $23,295 · fundraising $4,250

  • 13 · Office expenses

    total $15,232 · program services $1,887 · management and general $13,329 · fundraising $16

  • 14 · Information technology

    total $112,429 · program services $4,435 · management and general $69,832 · fundraising $38,162

  • 16 · Occupancy

    total $458 · management and general $458

  • 17 · Travel

    total $6,090 · program services $4,348 · management and general $853 · fundraising $889

  • 19 · Conferences, conventions and meetings

    total $562,847 · program services $202,784 · management and general $101,674 · fundraising $258,389

  • 20 · Interest

    total $124,446 · management and general $124,446

  • 22 · Depreciation, depletion and amortization

    total $3,879 · management and general $3,879

  • 23 · Insurance

    total $25,397 · management and general $25,397

  • 24a · Other expenses: CREDIT LOSS ON RECEIVAB

    total $320,988 · program services $36,071 · management and general $262,417 · fundraising $22,500

  • 24b · Other expenses: OTHER EMPLOYEE COSTS

    total $97,109 · management and general $97,109

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $155,651 · end of year $263,685

  • 2 · Savings and temporary cash investments

    beginning of year $26

  • 3 · Pledges and grants receivable

    beginning of year $801,237 · end of year $960,673

  • 4 · Accounts receivable

    beginning of year $160,487

  • 8 · Inventories for sale or use

    beginning of year $8,300 · end of year $8,300

  • 9 · Prepaid expenses and deferred charges

    beginning of year $134,765 · end of year $62,959

  • 10a · Land, buildings and equipment: cost or other basis

    $280,833

  • 10b · Land, buildings and equipment: accumulated depreciation

    $272,651

  • 10c · Land, buildings and equipment, net

    beginning of year $12,061 · end of year $8,182

  • 15 · Other assets

    beginning of year $0 · end of year $96,400

  • 17 · Accounts payable and accrued expenses

    beginning of year $543,879 · end of year $444,908

  • 19 · Deferred revenue

    beginning of year $225,200 · end of year $201,450

  • 22 · Loans and payables to officers and key people

    beginning of year $975,000 · end of year $1,868,000

  • 23 · Secured mortgages and notes payable

    beginning of year $149,900 · end of year $149,900

  • 27 · Net assets without donor restrictions

    beginning of year -$621,452 · end of year -$1,264,059

Mission and programs · 2024

Mission

TO CULTIVATE GREATNESS THROUGH SERVICE TO OTHERS.

  • MULTIPLYING GOOD ELEVATES PUBLIC SERVICE AS THE MEANS TO EMPOWER INDIVIDUALS AND THEIR RESPECTIVE COMMUNITIES, AND WE ENVISION A WORLD WHERE SERVICE TO OTHERS MOTIVATES EVERYONE TO DO SOMETHING THAT HAS A POSITIVE IMPACT ON THOSE AROUND THEM. FOR OVER 50 YEARS, OUR CONTINUUM OF ACTIVATION, TRAINING, AND RECOGNITION HAS GENERATED RIPPLES OF GOOD AND PROMOTED OUR MISSION TO CULTIVATE GREATNESS THROUGH SERVICE TO OTHERS. EFFECTIVE AUGUST 31, 2024, THE ORGANIZATION CEASED CONTINUING OPERATIONS FOR ITS PRIMARY PROGRAMS THE JEFFERSON AWARDS, STUDENTS IN ACTION, AND THE RIPPLE.

    Expenses $1,706,369 · Revenue $706,565

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jack Russi

    CHAIRMAN AND SECRETARY

    Total calculated
    $0
    Hours/week
    10
  • Hillary Schafer

    GOVERNOR

    Total calculated
    $0
    Hours/week
    2
  • Sam Beard

    FOUNDER

    Total calculated
    $4,080
    From this org
    $4,080
    From related orgs
    $0
    Other
    $0
    Hours/week
    20
  • Vance Kershner

    GOVERNOR

    Total calculated
    $0
    Hours/week
    1
  • James Meeks

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Michael O'Mary

    GOVERNOR

    Total calculated
    $0
    Hours/week
    1
  • Sam Salman

    GOVERNOR

    Total calculated
    $0
    Hours/week
    1
  • Joseph N Sanberg

    GOVERNOR

    Total calculated
    $0
    Hours/week
    1
  • Renee Brown

    GOVERNOR

    Total calculated
    $0
    Hours/week
    1
  • Stephen Zide

    GOVERNOR

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Ezring

    GOVERNOR

    Total calculated
    $0
    Hours/week
    1
  • Scott Perry

    GOVERNOR

    Total calculated
    $0
    Hours/week
    1
  • Darrin Johnson

    GOVERNOR

    Total calculated
    $0
    Hours/week
    1
  • Chai Gadde

    GOVERNOR

    Total calculated
    $0
    Hours/week
    1
  • Patsy Doerr

    GOVERNOR

    Total calculated
    $0
    Hours/week
    1
  • Benita Mosley

    CEO

    Total calculated
    $395,035
    From this org
    $381,168
    From related orgs
    $0
    Other
    $13,867
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $381,168
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $13,867
    Filer's total
    $395,035

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE BOARD APPROVES COMPENSATION FOR THE CEO.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
1 October 2025
IRS schema version
2024v5.2
Source object
202502819349300815

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