GOOD PART FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
GOOD PART FOUNDATION (EIN 38-3558047)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-14
IRS object ID
202533189349102958
Schema version
2024v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-14T13:37:41-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN931718290PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1YATOOMA CPAS & ADVISORS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line140700 WOODWARD AVE SUITE 301AddressLine1Txt
CityBLOOMFIELD HILLSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48304ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN383558047EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE GOOD PART FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGOODBusinessNameControlTxt
Phone7349839042PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14975 RIDGE CREEK LANEAddressLine1Txt
CityANN ARBORCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48105ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLAEL BRYANTPersonNm
Person TitlePRES/SEC/TREAS/DIRPersonTitleTxt
Phone7349839042PhoneNum
Signature2025-11-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJULIUS YATOOMAPreparerPersonNm
PTINP02078322PTIN
Phone2483350677PhoneNum
Preparation2025-11-14PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,232,988FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$15,731ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$156InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$156InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$90,291DividendsRevAndExpnssAmt
Dividends Net Invst Incm$90,291DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$13,274NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$828,897GrossSalesPriceAmt
Other Income Rev And Expnss$38OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$92,942TotalRevAndExpnssAmt
Total Net Invst Incm$90,447TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,265AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$23,639OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$23,639OtherProfFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$24,904TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$23,639TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$934,550ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$934,550ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$959,454TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$23,639TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$934,550TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$866,512ExcessRevenueOverExpensesAmt
Net Investment Income$66,808NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$551,753SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$52,248SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$52,248SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$2,423,303CorporateStockBOYAmt
Corporate Stock EOY$2,180,740CorporateStockEOYAmt
Corporate Stock EOYFMV$2,180,740CorporateStockEOYFMVAmt
Total Assets BOY$2,975,056TotalAssetsBOYAmt
Total Assets EOY$2,232,988TotalAssetsEOYAmt
Total Assets EOYFMV$2,232,988TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,975,056RetainedEarningBOYAmt
Retained Earning EOY$2,232,988RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,975,056TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,232,988TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,975,056TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,232,988TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,975,056TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$866,512ExcessRevenueOverExpensesAmt
Other Increases$124,444OtherIncreasesAmt
Subtotal$2,232,988SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,232,988TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
ISHARES GLOBAL TECH ETFP2022-12-162024-04-18$15,466$9,980$5,486$5,486
TDTF - FLEXSHARES IBOXX 5YRP2023-12-142024-05-30$109,200$111,003-$1,803-$1,803
XSOE - WSDMTRE EMRG MKTP2022-03-282024-06-06$137,319$140,375-$3,056-$3,056
PICB - INVSC INTERNATIONALP2022-03-282024-05-30$164,753$180,824-$16,071-$16,071
JMST - JPMORGAN ULTRA SHORT INCOMEP2022-06-092024-05-28$402,159$399,989$2,170$2,170
FieldValueIRS element (for citing)
Capital Gain Net Income-$13,274CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$929InvestmentIncomeExciseTaxAmt
Subtotal$929SubtotalAmt
Tax Based On Investment Income$929TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$3,220EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$3,220TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Overpayment$2,291OverpaymentAmt
Applied To ES Tax$2,291AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMIOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksLAEL BRYANTIndividualWithBooksNm
Phone7349839042PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line14975 RIDGE CREEK LANEAddressLine1Txt
CityANN ARBORCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48105ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
BARTON B BRYANT
7500 BROOKVILLE RDPLYMOUTHMI48170DIRECTOR2.00$0$0$0
LORRRAINE A BRYANT
7500 BROOKVILLE RDPLYMOUTHMI48170DIRECTOR2.00$0$0$0
LAEL BRYANT
4975 RIDGE CREEK LANEANN ARBORMI48105PRES/SEC/TRE4.00$0$0$0
AMY BRYANT
4975 RIDGE CREEK LANEANN ARBORMI48105DIRECTOR2.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,283,868AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$256,850AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,540,718TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$2,540,718AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$38,111CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,502,607NetVlNoncharitableAssetsAmt
Minimum Investment Return$125,130MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$125,130MinimumInvestmentReturnAmt
Tax Based On Investment Income$929TaxBasedOnInvestmentIncomeAmt
Total Tax$929TotalTaxAmt
Distributable Before Adj$124,201DistributableBeforeAdjAmt
Distributable Before Ded$124,201DistributableBeforeDedAmt
Distributable As Adjusted$124,201DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$934,550ExpensesAndContributionsAmt
Qualifying Distributions$934,550QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$124,201DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$1,992,308ExcessDistributionCyovYr3Amt
Total Excess Distribution Cyov$1,992,308TotalExcessDistributionCyovAmt
Qualifying Distributions$934,550QualifyingDistributionsAmt
Applied To Current Year$124,201AppliedToCurrentYearAmt
Remaining Distri From Corpus$810,349RemainingDistriFromCorpusAmt
Total Corpus$2,802,657TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$2,802,657ExcessDistriCyovToNextYrAmt
Excess From Year3$1,992,308ExcessFromYear3Amt
Excess From Current Year$810,349ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
MUSTARD SEED FOUNDATION
PO BOX 910781LEXINGTONKY40591GENERAL FUNDS$15,000
REFORMED BAPTIST NETWORK
860 PEACHCREST CT NEGRAND RAPIDSMI49505GENERAL FUNDS$25,000
SONSET SOLUTIONS
2830 17TH STREETELKHARTIN465174008GENERAL FUNDS$1,000
REDEEMER ANN ARBOR
611 1/2 E WILLIAM STANN ARBORMI48104GENERAL FUNDS$874,400
BIGS KIDS
59939 MULBERRY LNSOUTH LYONMI48178GENERAL FUNDS$1,000
CHRISTIAN SCHOOL ANN ARBOR
5500 WHITMORE LAKE RDANN ARBORMI48105GENERAL FUNDS$2,000
PLYMOUTH CHRISTIAN ACADEMY
43065 JOY RDCANTONMI48187GENERAL FUNDS$16,000
STUDENTS INTERNATIONAL
PO BOX 990VISALIACA93279GENERAL FUNDS$150
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$934,550TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$156ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$90,291ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$13,274ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
Desc2021 990PF REFUNDDesc
Exclusion18ExclusionCd
Exclusion$38ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$77,211ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$77,211TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonLAEL AND AMY BRYANTContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line14975 RIDGE CREEK LANEAddressLine1Txt
CityANN ARBORCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48105ZIPCd
FieldValueIRS element (for citing)
Total Contributions$15,731TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash Property217 SHARES OF ISHARES GLOBAL ETFNoncashPropertyDesc
Fair Market Value$15,731FairMarketValueAmt
Received2024-04-26ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,265Amt

Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt

FieldValueIRS element (for citing)
ExplanationNOT REQUIRED, NO SOLICITATION OF CONTRIBUTIONS.ExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
SCHWAB 2137 EQUITIES
SCHWAB 2137 MUTUAL FDS/ETF$2,180,740$2,180,740

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
Desc2021 990PF REFUNDDesc
Revenue And Expenses Per Books$38RevenueAndExpensesPerBooksAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAIN-SECURITIESDesc
Amt$124,444Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT FEES-SCHWAB 2137CategoryTxt
Amt$23,639Amt
Net Investment Income$23,639NetInvestmentIncomeAmt

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