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← DEGOOD FOUNDATION

Form 990 for tax year 2023

Filed by DEGOOD FOUNDATION.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 2 January 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total expenses
$187,905 changed to $189,292
Total assets, end of year
$94,649 changed to $93,262
Net assets or fund balances, end of year
$88,663 changed to $87,276
Program services expenses
$153,021 changed to $154,408
Program service expenses (Part III)
$153,021 changed to $154,408

Totals

Total revenue
$209,915
Total expenses
$187,905
Contributions and grants received
$209,912
Grants paid
$0
Program service revenue
$0
Investment income
$3
Other revenue
$0
Total assets, end of year
$94,649
Total liabilities, end of year
$5,986
Net assets or fund balances, end of year
$88,663
Program services expenses (Part IX)
$153,021
Management and general expenses
$16,102
Fundraising expenses
$18,782
Program service expenses (Part III)
$153,021

Program services were 81.4% 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.

  • 1c · Fundraising events

    $30,407

  • 1f · All other contributions, gifts and grants

    $179,505

  • 1g · Noncash contributions included above

    $7,594

  • 3 · Investment income

    total $3 · related or exempt $3

  • 8a · Fundraising events: contributions included on line 1c

    $30,407

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $12,111 · program services $9,083 · management and general $1,211 · fundraising $1,817

  • 11g · Fees: other

    total $21,569 · management and general $5,569 · fundraising $16,000

  • 12 · Advertising and promotion

    total $3,223 · program services $3,223

  • 13 · Office expenses

    total $816 · management and general $816

  • 14 · Information technology

    total $6,103 · management and general $6,103

  • 16 · Occupancy

    total $6,431 · program services $4,823 · management and general $643 · fundraising $965

  • 22 · Depreciation, depletion and amortization

    total $234 · program services $234

  • 23 · Insurance

    total $889 · management and general $889

  • 24a · Other expenses: BOOKS AND MAILINGS

    total $96,029 · program services $96,029

  • 24b · Other expenses: DONATIONS IN-KIND EXPENSE

    total $7,594 · program services $7,594

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $508 · program services $508

  • 24d · Other expenses: MEALS AND ENTERTAINMENT

    total $900 · program services $314 · management and general $586

  • 24e · All other expenses

    total $31,498 · program services $31,213 · management and general $285

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $44,881 · end of year $51,431

  • 4 · Accounts receivable

    beginning of year $10,301 · end of year $40,123

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

    $1,541

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

    $752

  • 10c · Land, buildings and equipment, net

    end of year $789

  • 15 · Other assets

    beginning of year $35,457 · end of year $2,306

  • 17 · Accounts payable and accrued expenses

    end of year $5,986

  • 25 · Other liabilities

    beginning of year $23,986

  • 27 · Net assets without donor restrictions

    beginning of year $56,686 · end of year $86,356

  • 28 · Net assets with donor restrictions

    beginning of year $9,967 · end of year $2,307

Mission and programs · 2023

Mission

THE ORGANIZATION PROVIDES BOOKS FOR CHILDREN IN THE HAMPTON ROADS AREA OF VIRGINIA.

  • THE ORGANIZATION PROVIDES FREE, HIGH-QUALITY, AGE-APPROPRIATE BOOKS TO CHILDREN EACH MONTH IN THE HAMPTON ROADS AREA OF VIRGINIA.

    Expenses $153,021

As filed on the 2023 return.

Listed in Part VII

  • Kyle Degood

    EXECUTIVE DIRECTOR

    Total calculated
    $11,250
    From this org
    $11,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Peter Hoffmann

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Marsha Weatherwax

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Miguel Morales

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Susan Womack

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Erica Dews

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Malea Amos

    VICE CHAIR

    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202423199349316657

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