GOOD NEWS HOME INC

EIN: 222481670 501(c)(3) Mental Health

FLEMINGTON, NJ

Total Revenue
$1,253,295
Total Expenses
$1,264,503
Total Assets
$879,793
Net Assets
$742,781
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
NJ
Principal Officer
NATHAN MARTIN
Phone
9088067913
Tax Period
2024-01-01 to 2024-12-31

GOOD NEWS HOME INC, founded in 1983, is a community nonprofit in the Mental Health sector that reported $1.3M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

TO REHABILITATE WOMEN WHO HAVE LIFE-DESTROYING PROBLEMS ASSOCIATED WITH ADDICTION TO ALCOHOL AND OTHER DRUGS THROUGH A COMPREHENSIVE AND FAITH-BASED TREATMENT PROGRAM.

Program Service Accomplishments

Program 1
Expenses: $1,110,745 Revenue: $318,968

GOOD NEWS HOME - TO PROVIDE A PROGRAM THAT OFFERS A PROFESSIONAL, NON-DENOMINATIONAL CHRISTIAN APPROACH, FOCUSING ON HEALING THE TOTAL WOMAN UTILIZING CHRISTIAN 12-STEPS, ADDICTION COUNSELING, LIFE...

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GOOD NEWS HOME - TO PROVIDE A PROGRAM THAT OFFERS A PROFESSIONAL, NON-DENOMINATIONAL CHRISTIAN APPROACH, FOCUSING ON HEALING THE TOTAL WOMAN UTILIZING CHRISTIAN 12-STEPS, ADDICTION COUNSELING, LIFE SKILLS AND SPIRITUAL COUNSELING TO OVERCOME DRUG ADDICTION. SUPPORTING OUR MISSION IS THE BASIC PHILOSOPHY THAT FAITH IN GOD CAN DO FOR US WHAT WE CANNOT DO FOR OURSELVES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $921,362
Program Service Revenue $318,968
Investment Income $59
Other Revenue $12,906
TOTAL REVENUE $1,253,295

Expense Breakdown

Grants Paid $0
Salaries & Benefits $835,964
Fundraising Expenses $83,487
Program Expenses $1,110,745
Other Expenses $428,539
TOTAL EXPENSES $1,264,503

Year-over-Year Comparison

2024 2023 Change
Revenue $1,253,295 $1,090,973 +0.1%
Expenses $1,264,503 $1,111,526 +0.1%
Net Income $-11,208 $-20,553 -0.5%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
6
Independent Members
5
Employees
30
Volunteers
60

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
4
$117,138
Total Directors
6
$117,138
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
INGA BROCKINGTON EXECUTIVE DIRECTOR 40.00
Officer Director
$99,481 $17,657 $117,138
ROSE BAILEY-JOSEPH CHAIRPERSON 2.00
Officer Director
$0 $0 $0
LUCY MILLS TRUSTEE 2.00
Director
$0 $0 $0
NATHAN MARTIN TREASURER 2.00
Officer Director
$0 $0 $0
PATRICIA WIRTH-RAU SECRETARY 2.00
Officer Director
$0 $0 $0
WOODROW K EVANS TRUSTEE 2.00
Director
$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
2024 $1,253,295 $1,264,503 $879,793 $-11,208
2023 $1,090,973 $1,111,526 $893,449 $-20,553
2022 $1,031,247 $1,019,832 $922,904 $11,415
2021 $1,057,328 $974,815 $891,987 $82,513
2020 $819,985 $867,466 $846,228 $-47,481
2019 $840,381 $870,855 $857,409 $-30,474
2018 $828,709 $860,504 $874,158 $-31,795
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