Good Days
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Good Days does not meet the following 1 Standards for Charity Accountability:
Standard 4 (Compensated Board Members)
Not more than one or 10% (whichever is greater) directly or indirectly compensated person(s) serving as voting member(s) of the board. Compensated members shall not serve as the board's chair or treasurer.
Good Days does not meet this Standard because:
- Eight members out of the eight member board of directors (100%), including the chair and treasurer, are compensated directly.
Good Days meets the remaining 19 Standards for Charity Accountability.
Stated Purpose:
"to improve the health and quality of life of qualifying individuals who are diagnosed with a chronic or life-altering disease by providing co-pay, premium, and/or travel assistance."
Year, State Incorporated:
2003, NJ
Also Known As:
Chronic Disease Fund
Good Days reports that it provides assistance to under-insured individuals with chronic diseases, cancer, or other life-altering conditions to help them obtain needed FDA-approved medications. The organization assists those throughout the United States who meet income qualification guidelines and have either private insurance or a Medicare Part D plan, but cannot afford the co-payments for their FDA-approved drugs. In 2022, Good Days reported that it provided financial assistance to 289,849 individuals and services to 292,419 individuals.
For the year ended December 31, 2022, Good Days's program expenses were:
Healthcare financial assistance | $355,572,073 |
Program services | $5,110,895 |
Total Program Expenses | $360,682,968 |
Chief Executive
Clorinda Walley, President and Chief Executive Officer
Compensation*
$461,327
Chair of the Board
Honorable Glen Ashworth
Chair's Profession / Business Affiliation
Former District Attorney and 86th District Judge (TX); Arbitrator (JAMS)
Board Size
8
Paid Staff Size
57
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals
Good Days incurred joint costs of $741,583 for informational materials and activities that included fundraising materials. Of those costs, $422,702 was allocated to administrative expenses, $266,970 was allocated to program expenses, and $51,911 was allocated to fundraising expenses.
Fundraising costs were less than 1% of related contributions. (Related contributions, which totaled $396,454,265, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Good Days's audited financial statements for the year ended December 31, 2022.
Source of Funds
Sponsorships for educational events | $71,504 |
Investment income | $437,734 |
Software license and other revenue | $462,936 |
Program service income | $3,329,041 |
Contributions | $396,454,265 |
Total Income | $400,755,480 |
Programs: 98% Fundraising: 0% Administrative: 2%
Total Income | $400,755,480 |
Total expenses: | $367,125,190 |
Program expenses | $360,682,968 |
Fundraising expenses | $694,475 |
Administrative expenses | $5,747,747 |
Other expenses | $0 |
Income in Excess of Expenses | $33,630,290 |
Beginning Net Assets | $123,267,248 |
Other Changes In Net Assets | $0 |
Ending Net Assets | $156,897,538 |
Total Liabilities | $16,849,763 |
Total Assets | $173,747,301 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.