GOOD NEWS MEDIA INC (EIN 382341525) - 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

1981

Legal Domicile

Principal Officer

PATRICK SCOTT

Phone

2319461400

Tax Period

2023-01-01 to 2023-12-31

GOOD NEWS MEDIA INC, founded in 1981, is a small nonprofit that reported $664K in total revenue in fiscal year 2023. Expenses of $886K exceeded revenue, resulting in a 33% operating deficit.

Mission

NON-COMMERCIAL EDUCATIONAL RELIGIOUS PUBLIC RADIO BROADCASTING.

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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 $655,733

Program Service Revenue $4,889

Investment Income $0

Other Revenue $3,716

TOTAL REVENUE $664,338

Expense Breakdown

Grants Paid $0

Salaries & Benefits $461,586

Fundraising Expenses $35,896

Program Expenses $631,868

Other Expenses $424,012

TOTAL EXPENSES $885,598

Year-over-Year Comparison

	2023	2022	Change
Revenue	$664,338	$692,060	0.0%
Expenses	$885,598	$1,088,230	-0.2%
Net Income	$-221,260	$-396,170	-0.4%

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

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

$64,104

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBY ISAAC	PRESIDENT/TREASURER	1.50	Officer Director	$0	$0	$0
TOM NUSSDORFER	VICE PRESIDENT	1.50	Officer Director	$0	$0	$0
JOY ELENBAAS	SECRETARY	1.50	Officer Director	$0	$0	$0
JUNE MARTIN	TREASURER	1.50	Officer Director	$0	$0	$0
LANA PAYNE	DIRECTOR	1.50	Director	$0	$0	$0
BRIAN HARCEY	STATION MANAGER	40.00	Officer	$61,504	$2,600	$64,104

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
2023	$664,338	$885,598	No data	$-221,260
2022	$692,060	$1,088,230	$1,477,992	$-396,170
2021	$1,267,658	$993,755	$1,795,301	$273,903
2020	$1,176,846	$948,154	$1,463,503	$228,692
2019	$924,868	$942,916	$1,233,456	$-18,048
2018	$826,293	$881,490	$1,243,580	$-55,197

GOOD NEWS MEDIA INC