Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ.
MediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2020
Open to Public Inspection
Name of the organization
Network for Good
 
Employer identification number

68-0480736
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e) Original principal amount (f) Balance due (g) In default? (h) Approved by board or committee? (i) Written agreement?
To From Yes No Yes No Yes No
Total ...............Small Bullet $  
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2020
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Schedule L (Form 990 or 990-EZ) 2020
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) Network for Good (C Corp)
  		See Part V 6,687,820 See Part V Yes  
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Sch L, Part IV, Business Transactions Involving Interested Persons: (a) Name of Interested Person: Network for Good (C. Corp)(b) Relationship Between Interested Person and Organization: Greater than 35% Controlled Entity(d) Description of Transaction: The Organization contracts with Network for Good (C. Corp) to conduct professional fundraising for the Organization, subject to a commercial fundraising agreement that has been properly registered in all states that require registration. In addition, the parties have entered into a management agreement and a service level agreement, by which Network for Good (C. Corp) provides significant management and support services to the organization, including management of the organization's office, web site services, web hosting services and bookkeeping and accounting services. All transactions between the Organization and Network for Good (C. Corp) are entered into at arm's length, and the Organization pays no more than fair market value for services provided by Network for Good (C. Corp). The Organization's board of directors oversee the work of the Organization and review Network for Good (C. Corp)'s provision of services under contracts. Network for Good (C. Corp) and the Organization uphold clear boundaries between the corporate entities, including independent members on each entity's respective board of directors and the strict maintenance of corporate formalities at each entity. The total cumulative value of services provided by Network for Good (C. Corp) to the 501(c)(3) during 2020 was $6,687,820.
Schedule L (Form 990 or 990-EZ) 2020


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