HERALDS OF GOOD NEWS MISSIONARY SO… - Form 990 Financial Data

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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

2004

Legal Domicile

Principal Officer

SINOJ PYNADATH

Phone

8592864625

Tax Period

2023-01-01 to 2023-12-31

HERALDS OF GOOD NEWS MISSIONARY SOCIETY INC, founded in 2004, is a micro nonprofit that reported $97K in total revenue in fiscal year 2023. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $209K exceeded revenue, resulting in a 115% operating deficit.

Mission

SUPPORT OF THE ORGANIZATIONS MISSIONARIES AND THE EDUCATION OF SEMINARIAN AND PRIEST STUDENTS

Program Service Accomplishments

Program 1

Expenses: $209,069

SUPPORT OF THE ORGANIZATIONS MISSIONARIES AND THE EDUCATION OF SEMINARIAN AND PRIEST STUDENTS

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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 (2023)

Revenue Breakdown

Contributions & Grants $97,375

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $97,375

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $209,069

Other Expenses $209,069

TOTAL EXPENSES $209,069

Year-over-Year Comparison

	2023	2022	Change
Revenue	$97,375	$198,859	-0.5%
Expenses	$209,069	$121,926	+0.7%
Net Income	$-111,694	$76,933	-2.5%

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

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

N/A

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
JOBY K MATHEW	DIRECTOR	10.00	Director	$0	$0	$0
MARIA SEBASTIAN SUSAIRAJ	DIRECTOR	10.00	Director	$0	$0	$0
AGNEL SAMY	DIRECTOR	10.00	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	No data	No data	No data	No data
2023	$97,375	$209,069	$25,974	$-111,694
2022	$198,859	$121,926	$137,668	$76,933
2021	$178,864	$119,270	$60,735	$59,594
2020	$29,997	$45,372	$1,141	$-15,375
2018	$74,577	$72,055	$8,023	$2,522

HERALDS OF GOOD NEWS MISSIONARY SOCIETY INC