Nonprofit · EIN 20-1893670
ITS GOOD TO KNOW INC
Tax-exempt · BROOKLYN, NY 11213
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,259,257 | $1,404,155 | -$144,898 | $451,706 | $6,063 | $445,643 |
| December 31, 2023 | 990 | $973,274 | $921,968 | $51,306 | $603,998 | $13,457 | $590,541 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,092,197
- Program service revenue
- $137,060
- Investment income
- $30,000
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $311,644
- Compensation of officers, directors and key employees
- $358,382
- Other salaries and wages
- $86,614
- Salaries, compensation and benefits (total)
- $453,536
- Professional fundraising fees
- $24,699
- Occupancy
- $114,492
- Travel
- $25,101
- Depreciation
- $10,800
- Program services (functional)
- $940,052
- Management and general (functional)
- $422,032
- Fundraising (functional)
- $42,071
Balance sheet and other
- Total assets, start of year
- $603,998
- Total assets, end of year
- $451,706
- Total liabilities, end of year
- $6,063
- Net assets, end of year
- $445,643
- Land, buildings and equipment
- $47,458
- Gross receipts
- $1,259,257
- Employees
- 4
- Year formed
- 2005
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Shneur Friiedman | Director, President Trustee or director, Officer | 40 | $0 |
| Brocha Marsow | Secretary Trustee or director, Institutional trustee, Officer | 30 | $0 |
| Moredchai Freidmann | Treasurer Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Shneur Friiedman | Director, President Trustee or director, Officer | 40 | $0 |
| Brocha Marsow | Secretary Trustee or director, Institutional trustee, Officer | 30 | $0 |
| Moredchai Freidmann | Treasurer Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 305 KINGSTON AVE, BROOKLYN, NY 11213-4327
- Mailing address (990-N for 2013)
- 2845 HEDBERG DRIVE, MINNTONKA MN 55035
- Principal officer (990 for 2024)
- Schneur Zalman Friedman, 860 Eastern Parkway, Brooklyn, NY 11213
- Principal officer (990-N for 2013)
- MORDECHAI FRIEDMAN, 2265 EDGCUMBE, ST PAUL MN 55116
- Signed the 990
- Schneur Zalman Friedman, Director President
- Phone
- (212) 994-9644
- Website
- itsgoodtoknow.org
- Return prepared by
- LANDAACCOUNTING INC
Mission
Its Good to Know is a non profit life-learning foundation that create programs to rejuvenate, enrich, and heal the Jew and Non-Jew, our communities and the world. We provide products, resources and services to help you empower yourself, to attain your goals, break barriers and overcome obstacles so you can take charge of yourself and our world.
Program accomplishments
- We provide products, resources and services to promote individual growth and self help.Expenses $940,052 · grants $311,644 · revenue $1,259,257
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1893670
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X83)
- Assets (IRS master file)
- $451,706
- Income (IRS master file)
- $1,259,257
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,259,257 | $1,404,155 | $451,706 | XML |
| 990 | December 2023 | $973,274 | $921,968 | $603,998 | XML |
| 990 | December 2022 | $1,167,424 | $826,892 | $563,508 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2016 | – | – | – | IRS |
| 990-N for 2013 Officer: MORDECHAI FRIEDMAN | December 31, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1893670).
Questions about ITS GOOD TO KNOW INC
- What is the EIN of ITS GOOD TO KNOW INC?
- The employer identification number (EIN) of ITS GOOD TO KNOW INC is 20-1893670.
- Is ITS GOOD TO KNOW INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to ITS GOOD TO KNOW INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ITS GOOD TO KNOW INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ITS GOOD TO KNOW INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ITS GOOD TO KNOW INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ITS GOOD TO KNOW INC?
- The 990 for the year ended December 31, 2024 names Schneur Zalman Friedman.
- Who are the officers and directors of ITS GOOD TO KNOW INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does ITS GOOD TO KNOW INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,259,257, expenses of $1,404,155 and total assets of $451,706 at year end.
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