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Minnesota · Nonprofit

THE GOODMAN FAMILY OPERATING FOUNDATION

THE GOODMAN FAMILY OPERATING FOUNDATION (Minnesota) receives grants from 1 organization whose IRS filings report $41,562 to it, the largest being JOHNNY B GOOD FOUNDATION ($41,562). 0 of them have funded it in more than one year.

Revenue FY2024
$58M
Funders on record
1
Grants received
$42k
Net assets
$265M
0/1 repeat funderspeak grant-dependency 0%
01What it does

What The Goodman Family Operating Foundation does

Programs

  1. The foundation is the sole member of ridges at peoria, llc, which consists of a 107-unit independent and assisted living facility known as arbor ridge, a 244-unit independent and assisted living facility known as garden ridge, and an 80-unit memory care facility known as senita ridge, all located in peoria, arizona.

    $15,112,610 spent
  2. The foundation is the sole member of flagstaff transitional care, llc. In january 2024, flagstaff transitional care, llc acquired a facility consisting of 50-unit memory care facilities. The facility is located in flagstaff, arizona.

    $7,559,037 spent
  3. The foundation is the sole member of ilhc of sioux falls, llc. In january 2024, ilhc of sioux falls, llc acquired a facility consisting of 140 independent living and assisted living facilities. The facility is located in sioux falls, south dakota.

    $6,973,115 spent
  4. The foundation is the sole member of lake lorraine, llc. In august 2023, lake lorraine, llc acquired a facility consisting of 151 independent living facilities, 65 assisted living units, and 30 memory care units. The facility is located in sioux falls, south dakota.

    $8,844,031 spent

The 4 programs described on its FY2024 Form 990-PF.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($95k) Expenses 100 ($1.2M) Net assets 100 ($251M)2020 Revenue 15558 ($15M) Expenses 1574 ($18M) Net assets 102 ($257M)2021 Revenue 16275 ($15M) Expenses 1666 ($19M) Net assets 105 ($262M)2022 Revenue 18865 ($18M) Expenses 2596 ($30M) Net assets 103 ($258M)2023 Revenue 29778 ($28M) Expenses 2948 ($34M) Net assets 104 ($260M)2024 Revenue 61229 ($58M) Expenses 5242 ($60M) Net assets 105 ($265M)
201920202021202220232024
Revenue (61229)Expenses (5242)Net assets (105)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $295M to $332M (+13%).

$260M
$295M
$298M
$295M
$332M
$356M
201920202021202220232024
Total assetsTotal liabilities

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Carolin Goodman

Executive director

As listed on its FY2024 Form 990-PF.

201920202021202220232024
Listed778888
Joined·+0+1+0+0+0
No longer listed·00000
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'20
total
funders
1

From the IRS filings of THE GOODMAN FAMILY OPERATING FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of THE GOODMAN FAMILY OPERATING FOUNDATION's grant income comes from Minnesota funders.

MN

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE GOODMAN FAMILY OPERATING FOUNDATION has grown faster than three-quarters of the 828 philanthropy nonprofits its size.

Months of reserve4.6mo · above the median
Revenue growth (annualized)261% · top quartile

this organization peer median middle 50% of peers· 828 philanthropy nonprofits $10M–$100M, FY2024

Organizations like THE GOODMAN FAMILY OPERATING FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for THE GOODMAN FAMILY OPERATING FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE GOODMAN FAMILY OPERATING FOUNDATION?
THE GOODMAN FAMILY OPERATING FOUNDATION (Minnesota) receives grants from 1 organization whose IRS filings report $41,562 to it, the largest being JOHNNY B GOOD FOUNDATION ($41,562). 0 of them have funded it in more than one year.
How many funders does THE GOODMAN FAMILY OPERATING FOUNDATION have?
IRS filings report 1 organization giving $41,562 in grants to THE GOODMAN FAMILY OPERATING FOUNDATION.
Who is the largest funder of THE GOODMAN FAMILY OPERATING FOUNDATION?
JOHNNY B GOOD FOUNDATION is the largest funder on record, with $41,562 in grants. The full list of funders is on this page.
How can an organization like THE GOODMAN FAMILY OPERATING FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing