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Nonprofiteer
← ITS GOOD TO KNOW INC

Form 990 for tax year 2022

Filed by ITS GOOD TO KNOW INC.

Totals

Total revenue
$1,167,424
Total expenses
$826,892
Contributions and grants received
$779,934
Grants paid
$147,412
Program service revenue
$387,490
Investment income
$0
Other revenue
$0
Total assets, end of year
$563,508
Total liabilities, end of year
$24,273
Net assets or fund balances, end of year
$539,235
Program services expenses (Part IX)
$717,035
Management and general expenses
$77,028
Fundraising expenses
$32,829
Program service expenses (Part III)
$717,035

Program services were 86.7% 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

    $779,934

  • 2a · Program service revenue: Courses online lectures

    total $159,307 · related or exempt $159,307

  • 2b · Program service revenue: Meetings

    total $11,410 · related or exempt $11,410

  • 2c · Program service revenue: Speaking engagements

    total $107,981 · related or exempt $107,981

  • 2d · Program service revenue: Raffle

    total $22,807 · related or exempt $22,807

  • 2e · Program service revenue: Sales

    total $85,985 · related or exempt $85,985

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $128,902 · program services $128,902

  • 2 · Grants to domestic individuals

    total $18,510 · program services $18,510

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $3,972 · program services $3,972

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $104,918 · program services $104,918

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $10,186 · program services $10,186

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $8,874 · fundraising $8,874

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $560 · program services $560

  • 12 · Advertising and promotion

    total $67,797 · program services $61,017 · management and general $6,780

  • 13 · Office expenses

    total $29,536 · management and general $29,536

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $84,002 · program services $75,602 · management and general $8,400

  • 17 · Travel

    total $30,708 · program services $3,377 · management and general $3,376 · fundraising $23,955

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $2,533 · program services $2,533

  • 23 · Insurance

    total -$638 · program services -$638

  • 24a · Other expenses: Bank and Processing fees

    total $19,688 · management and general $19,688

  • 24b · Other expenses: Program expenses

    total $68,622 · program services $68,622

  • 24c · Other expenses: Professional Services

    total $89,289 · program services $89,289

  • 24d · Other expenses: Website Youtube

    total $150,185 · program services $150,185

  • 24e · All other expenses

    total $9,248 · management and general $9,248

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $131,999 · end of year $220,052

  • 7 · Other notes and loans receivable

    beginning of year $88,610 · end of year $270,000

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

    $75,989

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

    $2,533

  • 10c · Land, buildings and equipment, net

    end of year $73,456

  • 23 · Secured mortgages and notes payable

    beginning of year $17,994 · end of year $20,361

  • 25 · Other liabilities

    beginning of year $3,912 · end of year $3,912

  • 31 · Retained earnings, endowment or other funds

    beginning of year $198,703 · end of year $539,235

Mission and programs · 2022

Mission

Its Good to Know is a non profit life-learning foundation that create programs to rejuvenate, enrich, and heal the Jew and Non-Jew, our communities and the world. We provide products, resources and services to help you empower yourself, to attain your goals, break barriers and overcome obstacles so you can take charge of yourself and our world.

Activities or mission (Part I)

We provide products, resources and services to help you empower yourself, to attain your goals, break barriers and overcome obstacles so you can take charge of yourself and our world.

  • We provide products, resources and services to promote individual growth and self help.

    Expenses $717,035 · Grants $147,412 · Revenue $1,167,424

As filed on the 2022 return.

Listed in Part VII

  • Shneur Friiedman

    Director, President

    Total calculated
    $0
    Hours/week
    40 + 40 related
  • Brocha Marsow

    Secretary

    Total calculated
    $0
    Hours/week
    30 + 30 related
  • Moredchai Freidmann

    Treasurer

    Total calculated
    $0
    Hours/week
    2 + 2 related

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.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses

Answered no

  • 1b · Written policy on the line-1a expenses
  • 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

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

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202303199349331640

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