Good Old Lower East Side Inc
Only null% goes to programs Strong reserves
Good Old Lower East Side Inc is a 501(c)(3) organization based in New York, New York, registered in 1978, with $1,576,898 in FY2022 revenue. CharityIndex grades it C+.
169 Avenue B, New York, NY, 10009 EIN 13-2915659 Since 1978
Revenue (FY2022)
$1.6M
▼ 40.4% vs prior year
Community median: $184K
Expenses (FY2022)
$1.4M
Net assets
$2.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Good Old Lower East Side Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating23 mo reserves · +13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Good Old Lower East Side Inc: 23 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Good Old Lower East Side Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Good Old Lower East Side Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 169 Avenue B, New York, NY, 10009
- City
- New York
- State
- New York
- Subcategory
- Community & Neighborhood Development
- Website
- …
Financial trends
Revenue grew from $1.4M (FY2016) to $1.6M (FY2022) across 6 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $979KNet assets $2.6M
Operating margin
13.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.6M
Total liabilities
$979K
Net assets
$2.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $1,576,898▼40.4% | $1,364,303▼35.7% | $2,629,341▲8.8% | $3,607,978▲41.6% | 990 |
| 2021 | $2,644,368▲41.2% | $2,120,361▲52.3% | $2,416,746▲27.7% | $2,547,317▲26.7% | 990 |
| 2020 | $1,873,147▲3.5% | $1,392,656▲7.7% | $1,892,739▲34.0% | $2,010,294▲20.8% | 990 |
| 2019 | $1,808,969▲23.0% | $1,293,283▼11.9% | $1,412,248▲97.0% | $1,664,629▲74.4% | 990 |
| 2017 | $1,470,123▲1.9% | $1,468,725 | $716,713▲0.2% | $954,375▼2.6% | 990 |
| 2016 | $1,443,139 | $1,468,577 | $715,315 | $979,441 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $4.6M total
32 grants to Good Old Lower East Side Inc totaling $4.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Amalgamated Charitable Foundation Inc | General operating support | 2024 | $30,000 |
| AARP | Community challenge grant to support digital connectivity | 2024 | $15,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $2,155,500 |
| Amalgamated Charitable Foundation Inc | General operating support | 2023 | $63,636 |
| Network For Good Inc | Unrestricted | 2023 | $9,973 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $150,000 |
| United Way of New York City | The change capital fund (ccf) is a collaboration of philanthropic foundations and financial institutions that pool funds to invest in community development efforts across new york city. ccf began funding community development corporations towards the goal of more effectively reducing persistent and chronic poverty. each participating nonprofit organization will be funded over four years and receive technical assistance support towards the goal of building internal capacity for multi-disciplinary practices and improved outcomes tracking systems, and developing more effective business models. | 2022 | $50,000 |
| Network For Good Inc | Unrestricted | 2022 | $14,159 |
| United Way of New York City | Change capital fund - change capital fund the change capital fund (ccf) is a collaboration of 15 philanthropic foundations and financial institutions that pool funds to invest in community development efforts across new york city. ccf began funding community development corporations towards the goal of more effectively reducing persistent and chronic poverty. each participating nonprofit organization will be funded over four years and receive technical assistance support towards the goal of building internal capacity for multi-disciplinary practices and improved outcomes tracking systems, and developing more effective business models. | 2021 | $219,850 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $202,250 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $202,250 |
| Amalgamated Charitable Foundation Inc | General operating support | 2021 | $26,539 |
| Multiplier | To educate, organize and mobilize a sustainable energy future and equitable distribution... of the benefits derived therefrom; funds will be focused on general support. | 2021 | $14,000 |
| Multiplier | To fund base building, leadership development, and organizing in eda campaigns, local ... campaigns and initiatives for energy democracy. | 2021 | $13,500 |
| Network For Good Inc | Unrestricted | 2021 | $10,485 |
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Frequently asked questions
- Is Good Old Lower East Side Inc a legitimate nonprofit?
- Yes. Good Old Lower East Side Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-2915659, based in New York, New York. Donations are tax-deductible.
- What is Good Old Lower East Side Inc's EIN?
- Good Old Lower East Side Inc's Employer Identification Number (EIN) is 13-2915659.
- How much revenue does Good Old Lower East Side Inc report?
- Good Old Lower East Side Inc reported $1,576,898 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does Good Old Lower East Side Inc have?
- CharityIndex grades Good Old Lower East Side Inc C+, based on financial health (reserves and operating margin).
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Data for Good Old Lower East Side Inc (EIN 13-2915659) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.