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Nonprofiteer
← 1231-1235 GOOD HOPE ROAD INC

Form 990 for tax year 2023

Filed by 1231-1235 GOOD HOPE ROAD INC.

Totals

Total revenue
$3,758,184
Total expenses
$136,606
Contributions and grants received
$3,755,989
Grants paid
$0
Program service revenue
$0
Investment income
$2,195
Other revenue
$0
Total assets, end of year
$10,931,642
Total liabilities, end of year
$6,224,906
Net assets or fund balances, end of year
$4,706,736
Program services expenses (Part IX)
$136,606
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$136,606

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • KEVIN FRYATT

    DIRECTOR, CO-INTERIM CEO OF WACIF

    Total calculated
    $251,348
    From this org
    $0
    From related orgs
    $160,755
    Other
    $90,593
    Hours/week
    2 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $155,999 related
    Bonus
    $0 + $4,756 related
    Other
    $0
    Deferred
    $0 + $67,654 related
    Nontaxable benefits
    $0 + $22,939 related
    Filer's total
    $0 + $251,348 related

  • DAWNN LEARY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ANNE MORRISON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

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

None.

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 CORPORATION DOES NOT DIRECTLY HIRE OR COMPENSATE ITS OFFICERS OR DIRECTORS. ALL COMPENSATION IS PAID BY THE WASHINGTON AREA COMMUNITY INVESTMENT FUND, INC. (WACIF), A RELATED ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE COMPENSATION IS REPORTED ACCORDINGLY ON WACIF'S FORM 990.

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
9 May 2024
IRS schema version
2023v5.0
Source object
202421309349304892

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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