GOOD NEWS PROJECT INC

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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

Phone

7158435985

Tax Period

2024-04-01 to 2025-03-31

GOOD NEWS PROJECT INC, founded in 1983, is a small nonprofit in the International Affairs sector that reported $813K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $195K, a strong 24% operating margin.

Mission

FULFILLING NEEDS AT HOME AND ABROAD THROUGH MEANINGFUL SERVICE OPPORTUNITIES

Program Service Accomplishments

Program 1

Expenses: $225,565 Revenue: $172,759

BETWEEN APRIL 1, 2024 AND MARCH 31, 2025, OUR HELP PROGRAM ASSISTED 2,333 FAMILIES IN NORTH CENTRAL WISCONSIN WITH NEEDED DURABLE MEDICAL EQUIPMENT. DURING THIS TIME PERIOD, 2,860 PIECES OF DURABLE...

Program 2

Expenses: $177,144 Revenue: $136,063

GOOD NEWS PROJECT REMAINS A DNR-REGISTERED ELECTRONICS COLLECTOR. BETWEEN APRIL 1, 2024 AND MARCH 31, 2025, GOOD NEWS PROJECT TOOK IN 228,399 LBS OF ELECTRONICS TO RECYCLE AND SERVED 3,824 CUSTOMERS.

Program 3

Expenses: $71,204 Revenue: $36,766

GOOD NEWS PROJECTS INTERNATIONAL SERVICE PROGRAM WAS ABLE TO HOLD A MATH CAMP IN ST LUCIA. THE MATH CAMP SERVED 250 STUDENTS INCREASING COMPREHENSION OF MATH CONCEPTS WITH THE HOPE THAT STUDENTS WHO CAN EXCEL IN MATH CAN LATER EXCEL IN BUSINESS AND ECONOMIC DEVELOPMENT OF THEIR OWN COUNTRY.

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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 $463,335

Program Service Revenue $345,588

Investment Income $4,056

Other Revenue $0

TOTAL REVENUE $812,979

Expense Breakdown

Grants Paid $0

Salaries & Benefits $306,386

Fundraising Expenses $17,449

Program Expenses $473,913

Other Expenses $312,066

TOTAL EXPENSES $618,452

Year-over-Year Comparison

	2024	2023	Change
Revenue	$812,979	$645,548	+0.3%
Expenses	$618,452	$541,412	+0.1%
Net Income	$194,527	$104,136	+0.9%

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

Volunteers

310

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
JEAN M SCHULT	TREASURER	2.00	Officer Director	$0	$0	$0
DR JEFFERY LAMONT	MEMBER	1.00	Director	$0	$0	$0
DIANE NOWAK	PRESIDENT	10.00	Officer Director	$0	$0	$0
AMY GAJEWSKI	DIRECTOR	1.00	Director	$0	$0	$0
DAVID JORDAN	DIRECTOR	1.00	Director	$0	$0	$0
RONALD BIELEN	DIRECTOR	1.00	Director	$0	$0	$0
PAUL BYCHINSKI	DIRECTOR	1.00	Director	$0	$0	$0
EMILY MOORE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
TAMMY LAHREN	DIRECTOR	1.00	Director	$0	$0	$0
KERRY BRIMMER	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE DANIELS	EXECUTIVE DIRECTOR	40.00	Key Emp	$0	$0	$0
CHARLES MACCARTHY	MEMBER	1.00		$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	$812,979	$618,452	$1,531,322	$194,527
2024	$645,548	$541,412	$1,300,923	$104,136
2023	$731,036	$447,526	$1,349,718	$283,510
2022	$603,843	$359,139	$560,325	$244,704
2021	$340,509	$306,744	$350,784	$33,765
2020	$398,084	$403,108	$269,772	$-5,024
2019	$438,567	$477,731	$256,848	$-39,164
2018	$399,749	$376,508	$312,494	$23,241