Nonprofit · EIN 34-1973248
THE BUSINESS OF GOOD FOUNDATION
Tax-exempt · ASHTABULA, OH 44005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $393,371 | $1,639,547 | -$1,246,176 | $12,041,143 | $4,853 | $12,036,290 |
| December 31, 2024 | 990-PF | $957,055 | $1,844,146 | -$887,091 | $12,779,626 | $214 | $12,779,412 |
| December 31, 2023 | 990-PF | $254,502 | $1,632,879 | -$1,378,377 | $13,064,075 | $758 | $13,063,317 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $159,582
- Interest
- $187,712
- Net gain from sales of assets
- $46,077
Expenses
- Grants and similar amounts paid
- $1,319,210
- Compensation of officers, directors and key employees
- $232,516
- Disbursements for charitable purposes
- $1,604,566
- Excise tax on investment income
- $5,253
Balance sheet and other
- Total assets, start of year
- $12,779,626
- Total assets, end of year
- $12,041,143
- Total liabilities, end of year
- $4,853
- Net assets, end of year
- $12,036,290
- Fair market value of assets
- $12,041,143
- Qualifying distributions
- $1,604,566
- Net investment income
- $393,371
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STUART W CORDELL PO BOX 2838, ASHTABULA, OH 44005 | PRESIDENT | 20 | $160,000 |
| TIMOTHY P MCCARTHY PO BOX 2838, ASHTABULA, OH 44005 | DIRECTOR | 2 | $36,258 |
| ANDREA BUSHWEILER PO BOX 2838, ASHTABULA, OH 44005 | TREASURER | 10 | $36,258 |
| BRAD ROLLER PO BOX 2838, ASHTABULA, OH 44005 | DIRECTOR | 2 | $0 |
| ALICE MCCARTHY PO BOX 2838, ASHTABULA, OH 44005 | DIRECTOR | 2 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STUART W CORDELL PO BOX 2838, ASHTABULA, OH 44005 | PRESIDENT | 15 | $39,231 |
| ANDREA BUSHWEILER PO BOX 2838, ASHTABULA, OH 44005 | TREASURER | 15 | $24,548 |
| BRAD ROLLER PO BOX 2838, ASHTABULA, OH 44005 | DIRECTOR | 2 | $0 |
| ALICE MCCARTHY PO BOX 2838, ASHTABULA, OH 44005 | DIRECTOR | 2 | $0 |
| TIMOTHY P MCCARTHY PO BOX 2838, ASHTABULA, OH 44005 | DIRECTOR | 2 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STUART W CORDELL PO BOX 2838, ASHTABULA, OH 44005 | PRESIDENT | 15 | $50,481 |
| ANDREA BUSHWEILER PO BOX 2838, ASHTABULA, OH 44005 | TREASURER | 15 | $28,606 |
| BRAD ROLLER PO BOX 2838, ASHTABULA, OH 44005 | DIRECTOR | 2 | $0 |
| ALICE MCCARTHY PO BOX 2838, ASHTABULA, OH 44005 | DIRECTOR | 2 | $0 |
| TIMOTHY P MCCARTHY PO BOX 2838, ASHTABULA, OH 44005 | DIRECTOR | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2838, ASHTABULA, OH 44005-2838
- Signed the 990-PF
- STUART CORDELL, PRESIDENT
- Phone
- (440) 990-3964
- Website
- WWW.THEBUSINESSOFGOOD.ORG
- Return prepared by
- SNODGRASS OF NE OHIO INC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 34-1973248
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $12,041,143
- Income (IRS master file)
- $4,000,107
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $393,371 | $1,639,547 | $12,041,143 | XML |
| 990-PF | December 2024 | $957,055 | $1,844,146 | $12,779,626 | IRS |
| 990-PF | December 2023 | $254,502 | $1,632,879 | $13,064,075 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
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 34-1973248).
Questions about THE BUSINESS OF GOOD FOUNDATION
- What is the EIN of THE BUSINESS OF GOOD FOUNDATION?
- The employer identification number (EIN) of THE BUSINESS OF GOOD FOUNDATION is 34-1973248.
- Is THE BUSINESS OF GOOD FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to THE BUSINESS OF GOOD FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE BUSINESS OF GOOD FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE BUSINESS OF GOOD FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE BUSINESS OF GOOD FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of THE BUSINESS OF GOOD FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 3 received compensation from the organization, the highest $160,000 (STUART W CORDELL, PRESIDENT).
- How much revenue does THE BUSINESS OF GOOD FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $393,371, expenses of $1,639,547 and total assets of $12,041,143 at year end.
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- CIVIC DEVELOPMENT CORPORATION OF ASHTABULA EIN 34-0843430 · last filed 990 for 2024
- UNITED WAY OF ASHTABULA COUNTY EIN 34-0846640 · last filed 990 for 2025
- MFG FOUNDATION EIN 34-1787987 · last filed 990-PF for 2025
- ASHTABULA RIVER FOUNDATION EIN 34-1842915 · last filed 990 for 2025
- BORSUKOFF FAMILY FOUNDATION INC EIN 86-3986638 · last filed 990-PF for 2024
- FRIENDS OF THE LODGE FOUNDATION EIN 20-1233033 · last filed 990-N for 2025
- RENEWED COURAGE INC EIN 93-3020177 · last filed 990-N for 2025
All nonprofits in ASHTABULA · Ohio · Philanthropy, voluntarism and grantmaking foundations