Public Charity

FOUNDATION FOR GOOD BUSINESS

FOUNDATION FOR GOOD BUSINESS is a nonprofit organization categorized as Public Charity based in RALEIGH, NC. Its most recent IRS filing (2024) reports revenue of $247K, expenses of $143K, total assets of $687K. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $217K.

EIN: 561647986 RALEIGH, NC Latest filing: 2024
Total Revenue$247K
Total Expenses$143K
Total Assets$687K
Grant Records10
Funding Total$217K
Filing Years2020–2024

Mission

THE FOUNDATION FOR GOOD BUSINESS ENSURES THAT CHILDREN GET THE DEVELOPMENT, SUPPORT, AND EDUCATION THEY NEED AS A FOUNDATION FOR INDEPENDENCE AND SUCCESS. THE FOUNDATION MENTORS YOUNG PEOPLE WHO HAVE THE POTENTIAL TO BECOME HIGH ACHIEVERS. THE FOUNDATION SERVES AS AN EDUCATIONAL ADVOCATE TO ASSIST IN SUPPORTING AND DEVELOPING THESE STUDENTS SO THEY WILL SUCCEED IN SCHOOL AND LIFE.

Officers & Directors

VICE PRESIDE Anna Smith Felts
BOARD MEMBER Casey Eatman Lovas
EXEC ASST/TR Cheryl Mattlingly
BOARD MEMBER Erica Gallion
BOARD MEMBER Fred Mills Sr
BOARD MEMBER Jerry Mclaurin

Officer compensation and complete director data available with membership.

Top Grant Purposes

CHARITABLE GIFT
$210,000 7 grants
TO SUPPORT THE ORGANIZATION'S STATED MISSION
$5,863 1 grant
GROWTH
$1,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $247K $143K $687K
2023 $103K $89K $583K
2022 $111K $91K $568K
2021 $114K $119K $548K
2020 $92K $106K $554K

Between 2020 and 2024, reported annual revenue grew from $92K to $247K (+169%), with total assets most recently reported at $687K.

Interactive year-over-year charts and full filing details available with membership.

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