2026-04-22T07:56:43-05:00 2025-12-31 510232399 BELFINT LYONS & SHUMAN PA 1011 CENTRE RD STE 310 WILMINGTON DE 19805 990 2025-01-01 520959336 MULTIPLYING GOOD INC MULT 9174265953 348 WEST 57TH STREET 115 NEW YORK NY 10019 BENITA FITZGERALD MOSLEY CHIEF EXECUTIVE OFFICER 9174265953 2026-03-31 1 JONATHAN D MOLL CPA P01053700 3022250600 2026-03-31 2025 2025-03-06 01:10:19Z BENITA FITZGERALD MOSLEY 348 WEST 57TH STREET 115 NEW YORK NY 10019 1218189 0 3003 X WWW.MULTIPLYINGGOOD.ORG X 1972 DC TO CULTIVATE GREATNESS THROUGH SERVICE TO OTHERS. 15 14 1 16 0 0 2360509 831936 706565 0 96485 63975 0 243493 3163559 1139404 0 0 0 0 2314546 126612 0 0 13 1491620 157026 3806166 283638 -642607 855766 1400199 818361 2664258 1226654 -1264059 -408293 X TO CULTIVATE GREATNESS THROUGH SERVICE TO OTHERS. 0 1 907 MULTIPLYING GOOD ELEVATES PUBLIC SERVICE AS THE MEANS TO EMPOWER INDIVIDUALS AND THEIR RESPECTIVE COMMUNITIES, AND WE ENVISION A WORLD WHERE SERVICE TO OTHERS MOTIVATES EVERYONE TO DO SOMETHING THAT HAS A POSITIVE IMPACT ON THOSE AROUND THEM. FOR OVER 50 YEARS, OUR CONTINUUM OF ACTIVATION, TRAINING, AND RECOGNITION HAS GENERATED RIPPLES OF GOOD AND PROMOTED OUR MISSION TO CULTIVATE GREATNESS THROUGH SERVICE TO OTHERS. EFFECTIVE AUGUST 31, 2024, THE ORGANIZATION CEASED CONTINUING OPERATIONS FOR ITS PRIMARY PROGRAMS THE JEFFERSON AWARDS, STUDENTS IN ACTION, AND THE RIPPLE. 907 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X BENITA FITZGERALD MOSLEY 9174265953 348 WEST 57TH STREET SUITE 115 NEW YORK NY 10019 JACK RUSSI CHAIRMAN AND SECRETARY 10.00 X X 0 0 0 HILLARY SCHAFER GOVERNOR 2.00 X 0 0 0 SAM BEARD FOUNDER 1.00 X 0 0 0 VANCE KERSHNER GOVERNOR 1.00 X 0 0 0 JAMES MEEKS TREASURER 2.00 X X 0 0 0 MICHAEL O'MARY GOVERNOR 1.00 X 0 0 0 SAM SALMAN GOVERNOR 1.00 X 0 0 0 JOSEPH N SANBERG GOVERNOR 1.00 X 0 0 0 RENEE BROWN GOVERNOR 1.00 X 0 0 0 STEPHEN ZIDE THROUGH 122925 GOVERNOR 1.00 X 0 0 0 JENNIFER EZRING GOVERNOR 1.00 X 0 0 0 SCOTT PERRY GOVERNOR 1.00 X 0 0 0 DARRIN JOHNSON GOVERNOR 1.00 X 0 0 0 CHAI GADDE GOVERNOR 1.00 X 0 0 0 MARK SHAFIR GOVERNOR 1.00 X 0 0 0 TOBI PETROCELLI GOVERNOR 1.00 X 0 0 0 BENITA MOSLEY CEO 40.00 X 106131 0 9723 106131 0 9723 1 0 0 0 0 7900 824036 831936 63975 63975 322278 7900 78785 243493 243493 1139404 0 0 307468 115854 115854 10758 10758 621 621 24674 24674 15483 2 15468 13 700 700 16400 122 16278 5797 783 5014 58879 58879 3175 3175 9297 9297 CREDIT LOSS ON RECEIVAB 22000 22000 283638 907 282718 13 263685 191640 960673 511427 8300 8300 62959 231 280833 275826 8182 5007 96400 101756 1400199 818361 444908 358754 201450 1868000 718000 149900 149900 2664258 1226654 X -1264059 -408293 -1264059 -408293 1400199 818361 855766 0 X 0 0 0 X 4292126 3892898 2948328 2360509 831936 14325797 4292126 3892898 2948328 2360509 831936 14325797 2673083 11652714 68949 39093 26013 96485 63975 294515 14620312 3668278 0.79700 0.80040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5600 5600 0 63192 58185 5007 212041 212041 0 5007 ACCRUED INTEREST RECEIVABLE 101756 101756 FISHERS ISLAND GOLF CLASSIC 330178 7900 322278 77756 1029 330178 7900 322278 77756 1029 78785 243493 2006 RUSSI FAMILY TRUST JACK RUSSI (BOARD CHAIR) IS ASSOCIATED WITH THE TRUST WORKING CAPITAL X 1868000 718000 0 1 1 718000 FORM 990, SCHEDULE L, PART II DURING 2025, THE OUTSTANDING LOAN BALANCE DECREASED FROM $1,868,000 TO $718,000. REPAYMENTS DURING THE YEAR TOTALED $450,000. A REDUCTION IN THE OUSTANDING BALANCE OF THE LOAN IN THE AMOUNT OF $700,000 RESULTING FROM FORGIVENESS OF DEBT WAS RECOGNIZED AS A CHARITABLE CONTRIBUTION (SEE SCHEDULE B). DURING 2025, INTEREST ACCRUED ON THE LOAN IN THE AMOUNT OF $55,687 AND WAS FORGIVEN AS OF 12/31/25 AND INCLUDED IN CONTRIBUTION INCOME AND INTEREST EXPENSE IN THE ACCOMPANYING FORM 990. FORM 990, PART III, LINE 3 MULTIPLYING GOOD CEASED OPERATIONS EFFECTIVE AUGUST 31, 2024. AFTER MANY YEARS OF PROVIDING PROGRAMS THAT CELEBRATED SERVICE, PROMOTED CIVIC ENGAGEMENT, AND RECOGNIZED INDIVIDUALS MAKING A POSITIVE IMPACT IN THEIR COMMUNITIES, THE ORGANIZATION CONCLUDED ITS ACTIVITIES DUE TO STRATEGIC AND FINANCIAL CONSIDERATIONS. FORM 990, PART VI, SECTION A, LINE 2 SAM BEARD, CO-FOUNDER AND PRESIDENT EMERITUS, IS THE FATHER OF HILLARY SCHAFER, FORMER CHIEF EXECUTIVE OFFICER. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD MEMBERS INVOLVED WITH OPERATIONS REVIEW FORM 990 PRIOR TO ITS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS MULTIPLYING GOOD, INC. IS A NON-PROFIT ORGANIZATION AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. EACH VOTING MEMBER OF THE BOARD SHALL ANNUALLY SIGN A STATEMENT WHICH DECLARES WHETHER SUCH PERSON IS AN INDEPENDENT DIRECTOR. IF AT ANY TIME DURING THE YEAR, THE INFORMATION IN THE ANNUAL STATEMENT CHANGES MATERIALLY, THE MEMBER SHALL DISCLOSE SUCH CHANGES AND REVISE THE ANNUAL DISCLOSURE FORM. THE BOARD SHALL REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THIS POLICY BY REVIEWING ANNUAL STATEMENTS AND TAKING SUCH OTHER ACTIONS AS ARE NECESSARY FOR EFFECTIVE OVERSIGHT. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE, ON AN ANNUAL BASIS, EVALUATES THE PERFORMANCE AND RECOMMENDS THE TOTAL COMPENSATION OF THE CHIEF EXECUTIVE OFFICER (CEO). THE COMMITTEE IS MADE UP THE BOARD CHAIR AND THE CHAIRS OF EACH MAJOR COMMITTEE(FINANCE, DEVELOPMENT & COMMUNICATIONS). TAKEN INTO CONSIDERATION DURING THE REVIEW PROCESS INCLUDE PERFORMANCE METRICS, YEARS OF SERVICE, GEOGRAPHY, COLLABORATION, MARKETPLACE, SALARIES FOR COMPARABLE SIZE ORGANIZATIONS AND COMMITMENT TO THE ORGANIZATION. THE COMMITTEE DETERMINES THE TOTAL COMPENSATION PACKAGE AND AN ANNUAL FORMAL PERFORMANCE EVALUATION FOR THE CEO, INCLUDING: 1.EVALUATING THE CEO ON HIS/HER JOB PRODUCTS, EXECUTIVE COMPETENCIES, ORGANIZATIONAL OBJECTIVES AND FINANCIAL MEASURES [ANNUALLY]. 2.PROVIDING PERFORMANCE FEEDBACK TO THE CEO, INCLUDING PERFORMANCE HIGHLIGHTS AND OPPORTUNITIES FOR DEVELOPMENT [SEMI-ANNUALLY OR AS NEEDED]. 3.MONITORING THE MARKET FOR COMPENSATION AND BENEFITS TO ENSURE THAT MULTIPLYING GOOD'S TOTAL EXECUTIVE COMPENSATION PACKAGE IS COMPETITIVE [ANNUALLY]. 4.DETERMINE AN APPROPRIATE BASE-SALARY LEVEL FOR THE CEO [ANNUALLY]. 5.PRESENT TO THE BOARD OF GOVERNORS, FOR ITS APPROVAL, ACTIONS AND DECISIONS TAKEN AS A RESULT OF THE CEO'S EVALUATION [ANNUALLY]. 6.PRESENT TO THE BOARD OF GOVERNORS, FOR ITS APPROVAL, THE TOTAL COMPENSATION PACKAGE FOR THE CEO [ANNUALLY]. OTHER DUTIES INCLUDE: 1.ACTIVE OVERSIGHT OF EXECUTIVE MANAGEMENT'S PROGRESSION AND THE SUCCESSION PLAN [ANNUALLY]. 2.PROVIDE PERFORMANCE FEEDBACK AND DEVELOPMENT OPPORTUNITIES FOR SUCCESSION PLAN CANDIDATES [ANNUALLY]. 3.DEFINE AND MANAGE THE CEO SELECTION PROCESS [AS NEEDED]. FORM 990, PART VI, SECTION C, LINE 19 IF DOCUMENTS ARE REQUESTED, MULTIPLYING GOOD, INC. WILL PROVIDE A COPY WITHIN 30 DAYS OF THEIR REQUEST.