Charity Search / DEGOOD FOUNDATION
Youth Development (O20) IRS Verified DX Registered 990 on File

DEGOOD FOUNDATION

EIN: 82-3264889 · NEWPORT NEWS, VA 23606-2581 · United States · FY 2024 Data
3 out of 5 55 / 100 Based on 2+ years of filings
Financial strength (30%) 89/100
Reliability (20%) 45/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Mission Statement

The DeGood Foundation is a nonprofit organization established in mid-2017 with a passion and desire to help children Dream More, Learn More, Care More, and Be More through programs for change in youth health, education, and literacy.

Financial Overview — FY 2024
$241K
Total Revenue
$206K
Total Expenses
$123K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 89.7%
Fundraising Efficiency N/A
Operating Reserve 7.15x
Liability-to-Asset 4.3%
Revenue Diversification 99.9%
Executive Compensation $9K
Compared with Peers
FY 2024
Compared with 3,997 similar organizations (United States, Youth Development, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
89.7% 86.8%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
8.8% 9.8%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
1.5% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
7.2 mo 6.7 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
4.3% 0.8%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
99.9% 94.4%
P10P90
Below median
Revenue growth
Year over year revenue growth
14.9% 9.6%
P10P90
Expense growth
Year over year expense growth
8.8% 10.1%
P10P90
Surplus margin
Surplus as a share of revenue
14.7% 2.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $241K $206K $123K 89.7% 1
2023 $210K $189K $87K 81.6% 1
2022 $73K $85K $67K 0.0% —
2021 $258K $155K N/A — 1
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Organization Details
EIN
82-3264889
State
VA
City
NEWPORT NEWS
ZIP
23606-2581
Classification
O20
Category
Youth Development
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2018
Form 990
On File
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