The Edward J and Myrna K Goodman Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
The Edward J and Myrna K Goodman Foundation is a 501(c)(3) organization based in Rydal, Pennsylvania, registered in 1987, with $89,156 in FY2024 revenue. CharityIndex grades it C+.
930 Meetinghouse Rd, Rydal, PA, 19046 EIN 22-2770994 Since 1987
Revenue (FY2024)
$89K
▲ 47.8% vs prior year
Expenses (FY2024)
$90K
Net assets
$356K
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 The Edward J and Myrna K Goodman Foundation— 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 rating48 mo reserves · -0% 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 The Edward J and Myrna K Goodman Foundation: 48 mo reserves · -0% 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 The Edward J and Myrna K Goodman Foundation— 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 The Edward J and Myrna K Goodman Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 930 Meetinghouse Rd, Rydal, PA, 19046
- City
- Rydal
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $79K (FY2013) to $89K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $356K
Operating margin
-0.4%
Spent more than it raised in the latest fiscal year.
Total assets
$356K
Total liabilities
$0
Net assets
$356K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $89,156▲47.8% | $89,534▼1.8% | $356,076▼0.1% | $356,076▼0.1% | 990PF |
| 2023 | $60,314▼42.5% | $91,149▲3.6% | $356,454▼8.1% | $356,454▼8.1% | 990PF |
| 2022 | $104,967▲85.2% | $88,020▼5.2% | $387,667▲4.6% | $387,667▲4.6% | 990PF |
| 2021 | $56,685▼37.8% | $92,814▲28.3% | $370,720▼8.9% | $370,720▼8.9% | 990PF |
| 2020 | $91,202▲24.5% | $72,323▼5.7% | $406,849▲4.9% | $406,849▲4.9% | 990PF |
| 2019 | $73,234▼16.9% | $76,687▼7.5% | $387,970▼0.9% | $387,970▼0.9% | 990PF |
| 2018 | $88,139▲18.3% | $82,871▼7.3% | $391,423▲1.4% | $391,423▲1.4% | 990PF |
| 2017 | $74,511▲10.8% | $89,372▲3.6% | $386,155▼3.7% | $386,155▼3.7% | 990PF |
| 2016 | $67,263▼70.1% | $86,285▲16.5% | $401,016▼4.5% | $401,016▼4.5% | 990PF |
| 2015 | $225,026▲223% | $74,038▼4.4% | $420,038▲56.8% | $420,038▲56.8% | 990PF |
| 2014 | $69,571▼11.9% | $77,471▲22.8% | $267,821▼2.9% | $267,821▼2.9% | 990PF |
| 2013 | $78,928 | $63,075▲0.8% | $275,721▲6.1% | $275,721▲6.1% | 990PF |
| 2012 | — | $62,589▲24.0% | $259,868▼6.0% | $259,868▼6.0% | 990PF |
| 2011 | — | $50,492 | $276,348 | $276,348 | 990PF |
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.
Frequently asked questions
- Is The Edward J and Myrna K Goodman Foundation a legitimate nonprofit?
- Yes. The Edward J and Myrna K Goodman Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2770994, based in Rydal, Pennsylvania. Donations are tax-deductible.
- What is The Edward J and Myrna K Goodman Foundation's EIN?
- The Edward J and Myrna K Goodman Foundation's Employer Identification Number (EIN) is 22-2770994.
- How much revenue does The Edward J and Myrna K Goodman Foundation report?
- The Edward J and Myrna K Goodman Foundation reported $89,156 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Edward J and Myrna K Goodman Foundation have?
- CharityIndex grades The Edward J and Myrna K Goodman Foundation C+, based on financial health (reserves and operating margin).
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Data for The Edward J and Myrna K Goodman Foundation (EIN 22-2770994) 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.