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Nonprofit · EIN 99-0625536

GOOD SOIL EDC INC

Tax-exempt · DALLAS, TX 75354

Financials

$4.1M$3.9M2024
Revenue Expenses · by fiscal year end
Financials of GOOD SOIL EDC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,135,636$3,874,784$260,852$275,508$15,510$259,998
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,568,978
Program service revenue
$566,087
Investment income
$71
Other revenue
$500

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$610,000
Other salaries and wages
$352,422
Salaries, compensation and benefits (total)
$1,307,001
Professional fundraising fees
$0
Legal fees
$12,229
Accounting fees
$21,575
Travel
$103,557
Program services (functional)
$2,452,737
Management and general (functional)
$906,700
Fundraising (functional)
$515,347

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$275,508
Total liabilities, end of year
$15,510
Net assets, end of year
$259,998
Gross unrelated business income
$571
Gross receipts
$4,135,636
Employees
10
Volunteers
0
Year formed
2023
State of legal domicile
TX

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.

NameTitleHours / weekCompensationOther / benefits
NICOLE FAINSR DIRECTOR/MANAGER
Highest-paid employee
45$150,000$13,833
DARWIN BRUCEPRESIDENT
Trustee or director, Officer
1$0$0
JAYLEN BLEDSOETREASURER
Trustee or director, Officer
1$0$0
JOHN HOPE BRYANTDIRECTOR
Trustee or director
1$0$0
FADI KHOURYCHIEF FINANCIAL OFFICER
Officer
15$0$0

Address and contacts

Address (IRS master file)
PO BOX 540872, DALLAS, TX 75354-0872
In care of
% DARWIN BRUCE
Principal officer (990 for 2024)
FADI KHOURY, PO BOX 540872, DALLAS, TX 75220
Signed the 990
FADI KHOURY, CFO
Phone
(469) 623-5990
Return prepared by
CRI ADVISORS LLC

Mission

PROVIDE EDUCATIONAL RESOURCES FOR MINORITY, INDIGENOUS OR OTHERWISE UNDER RESOURCED ENTREPRENEURS. THIS WILL BE DONE THROUGH AN ONLINE PLATFORM WHERE INDIVIDUALS CAN ACCESS TRAINING MATERIALS, MENTORSHIP, AND OTHER RESOURCES THAT HAVE HISTORICALLY BEEN DIFFICULT FOR THESE COMMUNITIES TO ACCESS.

990 for the year ended December 31, 2024

Program accomplishments

  • A CONFERENCE THAT BRINGS TOGETHER ENTREPRENEURS, BUSINESS LEADERS, AND INVESTORS TO SHARE RESOURCES, NETWORK, AND GROW THEIR BUSINESSES. IT INCLUDES WORKSHOPS, PANELS, KEYNOTE SPEAKERS, AND A PITCH COMPETITION. DEDICATED TO HELPING ONE MILLION ENTREPRENEURS GENERATE $1 MILLION DOLLARS IN REVENUE OVER THE NEXT TEN YEARS BY PROVIDING NETWORKING AND SOLUTIONS FOR GROWING AND SCALING BUSINESSES.
    Expenses $2,040,602 · revenue $501,799
  • GOOD SOIL HQ IS A T.D. JAKES ENTERPRISES PROJECT APP (IOS & ANDROID). APP IS DESIGNED TO CONNECT ENTREPRENEURS WITH RESOURCES AND OPPORTUNITIES TO FOSTER BUSINESS GROWTH AND GENERATIONAL WEALTH, WITH A GOAL OF SUPPORTING A MILLION BUSINESSES IN A DECADE. SELF-PACED COURSES, MENTORSHIP, DAILY DISCUSSIONS, VIDEO MASTERMIND SESSIONS, SPECIAL OFFERS FROM SUPPLIERS AND FUNDERS. APP BRINGS YOU A COMMUNITY TO SUPPORT YOUR BUSINESS GROWTH. THERE ARE 3 MEMBERSHIP LEVELS: IMPACT (FREE), GROW (PAID), & SCALE (INVITE). APP IS CONTINUING TO GROW BY PROVIDING TANGIBLE THINGS THAT ARE HELPING ENTREPRENEURS GROW. HAVE 27,055 MEMBERS
    Expenses $412,135 · revenue $64,288

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
99-0625536
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
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B12)
Assets (IRS master file)
$275,508
Income (IRS master file)
$4,135,636

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,135,636$3,874,784$275,508IRS

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 99-0625536).

Questions about GOOD SOIL EDC INC

What is the EIN of GOOD SOIL EDC INC?
The employer identification number (EIN) of GOOD SOIL EDC INC is 99-0625536.
Is GOOD SOIL EDC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to GOOD SOIL EDC INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GOOD SOIL EDC 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 GOOD SOIL EDC 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 GOOD SOIL EDC 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 GOOD SOIL EDC INC?
The 990 for the year ended December 31, 2024 names FADI KHOURY.
Who are the officers and directors of GOOD SOIL EDC INC?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $150,000 (NICOLE FAIN, SR DIRECTOR/MANAGER).
How much revenue does GOOD SOIL EDC INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,135,636, expenses of $3,874,784 and total assets of $275,508 at year end.

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