Good News Radio Inc

EIN: 371348696 501(c)(3) Arts, Culture & Humanities

Fisher, IL

Total Revenue
$869,777
Total Expenses
$838,570
Total Assets
$1,325,355
Net Assets
$645,409
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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

Legal Domicile
IL
Principal Officer
Mark Burns
Phone
2173677777
Tax Period
2023-01-01 to 2023-12-31

Good News Radio Inc is a small nonprofit in the Arts, Culture & Humanities sector that reported $870K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $839K left a modest 4% surplus.

Mission

RELIGIOUS EDUCATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $794,249
Program Service Revenue $75,340
Investment Income $188
Other Revenue $0
TOTAL REVENUE $869,777

Expense Breakdown

Grants Paid $0
Salaries & Benefits $260,556
Fundraising Expenses $0
Program Expenses $752,285
Other Expenses $578,014
TOTAL EXPENSES $838,570

Year-over-Year Comparison

2023 2022 Change
Revenue $869,777 $1,013,188 -0.1%
Expenses $838,570 $930,787 -0.1%
Net Income $31,207 $82,401 -0.6%
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

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Governance

Voting Members
9
Independent Members
10
Employees
7
Volunteers
11

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
5
$96,403
Total Directors
10
$96,403
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK N BURNS President & CEO 60.00
Officer Director
$96,403 $0 $96,403
DAVID B DUNN Vice President 2.00
Officer Director
$0 $0 $0
JIM MILLER Treasurer 2.00
Officer Director
$0 $0 $0
KURT BOBSIN Secretary 2.00
Officer Director
$0 $0 $0
PEGGY MEIER Director 2.00
Director
$0 $0 $0
HUEY FREEMAN Chairman 2.00
Officer Director
$0 $0 $0
SCOTT KLINE Director 2.00
Director
$0 $0 $0
NANCY MILLER Director 2.00
Director
$0 $0 $0
KEN ROWE Director 2.00
Director
$0 $0 $0
DARROLD KENNEDY Director 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 No data No data No data No data
2023 $869,777 $838,570 $1,325,355 $31,207
2022 $1,013,188 $930,787 $1,373,878 $82,401
2021 $975,251 $879,900 $1,443,628 $95,351
2020 $1,070,676 $889,526 $1,490,092 $181,150
2019 $484,668 $533,736 $267,560 $-49,068
2018 $494,869 $547,420 $325,211 $-52,551
2017 $371,440 $463,106 $368,090 $-91,666
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