FATHER NADOLNY GOOD NEWS FUND INC (EIN 061079819) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

FR EDMUND NADOLNY

Phone

8607617428

Tax Period

2024-02-01 to 2025-01-31

FATHER NADOLNY GOOD NEWS FUND INC, founded in 1983, is a small nonprofit that reported $229K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $283K exceeded revenue, resulting in a 24% operating deficit.

Mission

HELP THE NEEDY WORLDWIDE; RELIGIOUS EDUCATION; KIDUCATION BOXED COLLECT CLOTHES & SHOES FOR PEOPLE IN MEXICO, CHILE, & OTHER COUNTRIES; HELP NEEDY UKRAINE ORPHANS, SCHOOLS IN KENYA, FAMILIES, SCHOOLS, & CHURCHES IN AMERICA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $166,959

Program Service Revenue $0

Investment Income $60,970

Other Revenue $1,132

TOTAL REVENUE $229,061

Expense Breakdown

Grants Paid $82,579

Salaries & Benefits $0

Fundraising Expenses $14,505

Program Expenses $268,160

Other Expenses $200,554

TOTAL EXPENSES $283,133

Year-over-Year Comparison

	2024	2023	Change
Revenue	$229,061	$271,189	-0.2%
Expenses	$283,133	$289,740	0.0%
Net Income	$-54,072	$-18,551	+1.9%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FATHER EDMUND NADOLNY	PRESIDENT/TREASURER	20.00	Officer	$0	$0	$0
SISTER PATRICIA GOULD	SECRETARY	15.00	Officer	$0	$0	$0
CHESTER CORNACCHIA	VICE PRESIDENT	5.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$229,061	$283,133	$503,489	$-54,072
2024	$271,189	$289,740	$552,255	$-18,551
2023	$240,697	$263,035	$504,972	$-22,338
2022	$609,962	$474,176	$562,504	$135,786
2021	$334,962	$366,579	$400,871	$-31,617
2020	$271,971	$182,576	$400,495	$89,395
2019	$375,854	$191,519	$311,100	$184,335

FATHER NADOLNY GOOD NEWS FUND INC