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Year, State Incorporated
2001, DE
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Affiliates
Network for Good, Inc., a New York Corporation
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Stated Purpose
"to increase charitable giving from individuals and decrease the cost of fundraising for non-profits by providing the public with an easy, safe and efficient way to recommend grants to the charity of their choice and by enabling non-profits to engage supporters through low-cost online fundraising and communication tools."
Network for Good (NFG) processes donations to any charity in the United States. The organization reports that it allows donors to support any charity, anywhere online. NFG also helps nonprofits raise funds for their missions through online fundraising services, including donation processing and email outreach tools.
For the year ended December 31, 2020, Network for Good's program expenses were:
Program services |
$675,410,517 |
Total Program Expenses: |
$675,410,517 |
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Chief Executive
Robert Deily, Chief Financial Officer
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Compensation*
$245,906
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Chair of the Board
Timothy Case
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Chair's Profession / Business Affiliation
Co-founder and Chief Executive Officer, Upside Travel
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Board Size
8
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Paid Staff Size
2
*2020 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Grant proposals, Internet, Other
Fundraising costs were less than 1% of related contributions. (Related contributions, which totaled $682,525,133, 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 Network for Good's audited financial statements for the year ended December 31, 2020.
Source of Funds |
Contributions to donor advised fund |
$666,856,927 |
Transaction processing income |
$15,205,746 |
Good card purchases |
$426,473 |
Interest |
$347,339 |
Other income |
$149,544 |
Program service income |
$57,037 |
Grants and contributions |
$27,267 |
In-kind contributions |
$8,720 |
Total Income |
$683,079,053 |
- Programs: 99%
- Fundraising: Less than 1%
- Administrative: Less than 1%
Total Income |
$683,079,053 |
Program expenses |
$675,410,517 |
Fundraising expenses |
$6,687,821 |
Administrative expenses |
$714,751 |
Other expenses |
$0 |
Total expenses: |
$682,813,089 |
Income in Excess of Expenses |
$265,964 |
Beginning Net Assets |
$2,500,364 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$2,766,328 |
Total Liabilities |
$211,063,876 |
Total Assets |
$213,830,204 |
Note: According to the organization's audited financial statements for the year ended December 31, 2020, NFG received in-kind contributions totaling $8,720 in the form of advertising ($7,600), professional services ($625), and technical support ($495).