GOOD NEWS MINISTRIES INC (EIN 431349627) - 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

1979

Legal Domicile

Principal Officer

GREG GLAUSER

Phone

8162332577

Tax Period

2023-01-01 to 2023-12-31

GOOD NEWS MINISTRIES INC, founded in 1979, is a micro nonprofit that reported $869 in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $3K exceeded revenue, resulting in a 207% operating deficit.

Mission

RELIGIOUS 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 $869

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $869

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,622

Other Expenses $2,672

TOTAL EXPENSES $2,672

Year-over-Year Comparison

	2023	2022	Change
Revenue	$869	$625	+0.4%
Expenses	$2,672	$6,685	-0.6%
Net Income	$-1,803	$-6,060	-0.7%

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

N/A

Independent Members

N/A

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
JERRY CAMPBELL	DIRECTOR	N/A	Director	$0	$0	$0
GREG GLAUSER	VICE-PRESIDE	N/A	Director	$0	$0	$0
GLYNDA KING	DIRECTOR	N/A	Director	$0	$0	$0
RORY PULLEN	PRESIDENT	N/A	Director	$0	$0	$0
GARY REYNOLDS	DIRECTOR	N/A	Director	$0	$0	$0
RICHARD WILSON	SECRETARY	N/A	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
2023	$869	$2,672	No data	$-1,803
2022	$625	$6,685	$484,708	$-6,060
2021	No data	$8,102	$533,264	No data
2020	$169,166	$129,731	$544,980	$39,435
2018	$68,215	$48,517	$534,503	$19,698

GOOD NEWS MINISTRIES INC