PLATINUM2025

The Goodness Web Foundation

Great Leaders. Big Hearts. Bold Bets.

aka The Goodness Web   |   Wayland, MA   |  https://www.thegoodnessweb.org/
GuideStar Charity Check

The Goodness Web Foundation

EIN: 84-3607923


Mission

Our Mission: Do good…BETTER. The Goodness Web is creating a new alternative to traditional philanthropy aimed at radically changing the trajectory, timeline, and impact in the mental health arena.

Ruling year info

2020

Chief Executive Officer

Celine Coggins

Main address

41 Shaw Dr

Wayland, MA 01778-3213 USA

Show more contact info

EIN

84-3607923

Subject area info

Philanthropy

Mental health care

Population served info

People with diseases and illnesses

Family relationships

Work status and occupations

NTEE code info

Alliance/Advocacy Organizations (T01)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The Goodness Web (TGW) connects a diverse community of result-oriented donors and partners who pool their resources and expertise to accelerate the growth of promising mental health initiatives that improve the lives of youth and those who care for them. We believe the many families who have been affected by this issue can come together to help solve it. Growing need among young people is not yet being matched by adequate philanthropic dollars that can spur innovation and scale proven practices.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Build high-leverage partnerships that multiply the impact of our donors' dollars

Due to the power of our broad donor base, we have been invited to partner with large national foundations that fund in the youth mental health space. We recognize that the youth mental health space is rapidly expanding to address a growing set of needs. Since all fields develop unevenly, gaps in the ecosystem emerge. Through partnerships, we are able to support emerging nonprofit organizations that fill gaps in the ecosystem.

Population(s) Served

1) Support our first 6 grantee partners by continuing to deliver on the multiyear funding commitments we made to them. Current grants range in size from $200K-$2M+, and include The Jed Foundation, Inseparable, The Path Forward, Meadows Mental Health Policy Institute and Think:Kids. 2) Complete diligence on a next round of prospective grantees and award 2-3 new grants annually to organizations with an exceptional leadership team and an exceptional track record. 3) Continue to refine our systems for pipeline development, grantmaking, and grantee support.

Population(s) Served

1) Raise $20 million in new capital -- $12 million over the next two years -- to support systems change in youth mental health. 2) Welcome 70+ new Accelerator Families -- those giving at the $10,000+ per year X 5 years level -- over the next two years. 3) Host 9-12 gatherings over the next two years for existing and new families to share learnings, build community, and raise funds to invest in successful nonprofits.

Population(s) Served

Where we work

  • United States

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Award new grants annually to organizations with an exceptional leadership team and an exceptional track record

This metric is no longer tracked.
Totals By Year
Type of Metric

Other - describing something else

Context Notes

Goal to award 2-3 new grants annually.

Host gatherings or existing and new families to share learnings, build community, and raise funds to invest in successful nonprofits

This metric is no longer tracked.
Totals By Year
Type of Metric

Other - describing something else

Context Notes

Goal to host 9-12 gatherings over the next two years.

Increase number of new TGW Accelerator Families

This metric is no longer tracked.
Totals By Year
Type of Metric

Other - describing something else

Context Notes

Accelerator Families are those giving at the $10,000+ per year X 5 years level. These families are at the heart of supporting TGW's vision and expanding our impact. These donors learn and connect to peers within our community and, in turn, help us grow the Web through their networks. Current goal to welcome 70+ new Accelerator Families over the next two years. Over time, we hope to grow to thousands of Accelerator Families.

Raise new capital to support systems change in youth mental health

This metric is no longer tracked.
Totals By Year
Type of Metric

Other - describing something else

Context Notes

$20 million goal, and goal to raise $12 million over the next two years

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Our goal is radical progress, building the donor community and grantee ecosystem that can meet this moment of urgent need. By pooling donations, we provide large-scale, multiyear investments to nonprofit organizations piloting or building systems-change interventions to drive transformation and maximize the impact on youth. After conducting a thorough diligence process, TGW makes grants to organizations in alignment with our grantmaking strategy, and which have synergy with our other investments.

1) Meaningfully expand the number of active donors and the amount of philanthropic capital dedicated to transforming youth mental health.

2) Accelerate the scale of the most promising mental health initiatives to improve the lives of young people and their caregivers across the nation.

3) Build high-leverage partnerships that multiply the impact of our donors' dollars.

Our world-class curation methods, informed by consultant-driven market analyses, allow us to provide broad access to philanthropic opportunities and uncover the most leveraged places to invest within the complex mental health landscape. Our small, yet experienced, management team of trusted leaders is driven to make a difference for this generation and generations to come. With decades of collective strategy experience, we bring flexible, results-oriented thinking and analytics to meaningfully measure impact.

Since Q3 2021, The Goodness Web has raised over $11 million, and will issue $6.1 million in grants to our four initial grantee partners.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify bright spots and enhance positive service experiences, To identify and remedy poor client service experiences, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people’s needs and how we can help them achieve their goals,

  • Which of the following feedback practices does your organization routinely carry out?

    We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback,

  • What challenges does the organization face when collecting feedback?

    We don’t have the right technology to collect and aggregate feedback efficiently,

Financials

The Goodness Web Foundation
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

0.55

Average of 0.52 over 5 years

Months of cash in 2023 info

SOURCE: IRS Form 990

4.6

Average of 10.1 over 5 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

7%

Average of 4% over 5 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

The Goodness Web Foundation

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

The Goodness Web Foundation

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

The Goodness Web Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of The Goodness Web Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation $125,710 $1,129,054 -$33,946 -$3,020,249
As % of expenses 42.4% 290.8% -1.3% -49.5%
Unrestricted surplus (deficit) after depreciation $125,710 $1,129,054 -$35,721 -$3,022,024
As % of expenses 42.4% 290.8% -1.4% -49.5%
Revenue composition info
Total revenue (unrestricted & restricted) $278,255 $5,142,926 $5,752,832 $1,742,123
Total revenue, % change over prior year 0.0% 1748.3% 11.9% -69.7%
Program services revenue 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.2% 3.3%
Government grants 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 100.0% 100.0% 99.8% 96.8%
Other revenue 0.0% 0.0% 0.0% -0.1%
Expense composition info
Total expenses before depreciation $296,573 $388,297 $2,551,035 $6,099,479
Total expenses, % change over prior year 0.0% 30.9% 557.0% 139.1%
Personnel 58.4% 70.3% 13.9% 5.1%
Professional fees 41.3% 27.3% 2.6% 3.3%
Occupancy 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 83.1% 87.7%
All other expenses 0.3% 2.4% 0.4% 3.9%
Full cost components (estimated) info 2020 2021 2022 2023
Total expenses (after depreciation) $296,573 $388,297 $2,552,810 $6,101,254
One month of savings $24,714 $32,358 $212,586 $508,290
Debt principal payment $0 $0 $0 $0
Fixed asset additions $0 $0 $5,325 $0
Total full costs (estimated) $321,287 $420,655 $2,770,721 $6,609,544

Capital structure indicators

Liquidity info 2020 2021 2022 2023
Months of cash 0.0 35.5 10.3 4.6
Months of cash and investments 0.0 35.5 10.3 4.6
Months of estimated liquid unrestricted net assets 0.8 35.5 5.2 -3.8
Balance sheet composition info 2020 2021 2022 2023
Cash $304 $1,147,802 $2,180,039 $2,326,347
Investments $0 $0 $0 $0
Receivables $20,000 $3,625,706 $6,861,449 $5,693,864
Gross land, buildings, equipment (LBE) $0 $0 $5,325 $5,325
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 33.3% 66.7%
Liabilities (as a % of assets) 0.0% 0.0% 11.8% 52.8%
Unrestricted net assets $20,304 $1,149,358 $1,113,637 -$1,908,387
Temporarily restricted net assets N/A N/A N/A N/A
Permanently restricted net assets N/A N/A N/A N/A
Total restricted net assets $0 $3,625,706 $6,861,449 $5,693,864
Total net assets $20,304 $4,775,064 $7,975,086 $3,785,477

Key data checks

Key data checks info 2020 2021 2022 2023
Material data errors No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Chief Executive Officer

Celine Coggins

Number of employees

Source: IRS Form 990

The Goodness Web Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

The Goodness Web Foundation

Board of directors
as of 3/11/2025
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization

Chris E. Abbinante

Gary Reedy

Gina Verdi

Gwill York

Jan Swartz CO-FOUNDER/DIRECTOR

Jane Saccaro

Karl Rathjen DIRECTOR

Mark Verdi PRES./CO-FOUNDER/DIRECTOR

Rob Swartz

Steve Loose

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable

Organizational demographics

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.