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CHARITY REVIEW
Issued: May 2024 Expires: May 2026

Good360

Accredited Charity
Accredited Charity

Meets Standards
(703) 836-2121
675 North Washington Street, Suite 324
Alexandria, VA, 22314
https://good360.org
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Good360 meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to close the need gap by distributing critically needed donated goods."

Year, State Incorporated:
1983, VA

Good360 reports that it sources and distributes highly needed goods from more than 300 corporate partners in its network of tens of thousands of nonprofits who serve children, families and communities impacted by poverty, disaster, and other life challenges. The organization's work aims to help improve lives while significantly reducing the environmental burden of retail waste. In 2023, Good360 stated that it diverted 160 million pounds of products from landfills, provided support to 25 communities impacted by natural disasters, distributed $3 billion in products and impacted the lives of 26 million people.

For the year ended December 31, 2022, Good360's program expenses were:

Product distribution program: $2,663,975,106

Total Program Expenses: $2,663,975,106

Chief Executive
Cinira Baldi, Chief Executive Officer

Chair of the Board
John Grugan

Chair's Profession / Business Affiliation
Partner, Holland & Knight

Board Size
11

Paid Staff Size
80

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Note: Cinira Baldi's compensation is not currently available. The previous Chief Executive Officer, Romaine Seguin, received compensation totaling $257,551 in 2022.

Method(s) Used:
Grant proposals, Internet, Print advertisements

Fundraising costs were less than 1% of related contributions. (Related contributions, which totaled $2,663,697,056, 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 Good360's audited financial statements for the year ended December 31, 2022.

Source of Funds
Other income $-544,643
In-kind product contributions $2,656,996,942
Administrative fees $16,870,343
Grants and contributions $6,375,669
Managed program fees $5,155,134
Product sales $2,425,391
In-kind contributions - contributed services $324,445
Total Income $2,687,603,281

Programs: 100% Fundraising: 0% Administrative: 0%

Total Income $2,687,603,281
Total expenses: $2,669,863,726
  Program expenses $2,663,975,106
  Fundraising expenses $2,333,070
  Administrative expenses $3,555,550
  Other expenses $0
Income in Excess of Expenses $17,739,555
Beginning Net Assets $55,708,944
Other Changes In Net Assets $0
Ending Net Assets $73,448,499
Total Liabilities $3,402,477
Total Assets $76,850,976

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.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance