GOOD NEWS FOR LITTLE PEOPLE

EIN: 582116908 501(c)(3) Religion

ATHENS, TN

Total Revenue
$103,305
Total Expenses
$85,230
Total Assets
$123,482
Net Assets
$120,635
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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
1996
Legal Domicile
TN
Principal Officer
TIMOTHY VERMAAS
Tax Period
2023-01-01 to 2023-12-31

GOOD NEWS FOR LITTLE PEOPLE, founded in 1996, is a small nonprofit in the Religion sector that reported $103K in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $18K, a strong 17% operating margin.

Mission

CHILDRENS MINISTRY

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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 $0
Program Service Revenue $16,238
Investment Income $0
Other Revenue $87,067
TOTAL REVENUE $103,305

Expense Breakdown

Grants Paid $0
Salaries & Benefits $47,370
Fundraising Expenses $0
Program Expenses $82,358
Other Expenses $37,860
TOTAL EXPENSES $85,230

Year-over-Year Comparison

2023 2022 Change
Revenue $103,305 $169,312 -0.4%
Expenses $85,230 $106,451 -0.2%
Net Income $18,075 $62,861 -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

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Governance

Voting Members
5
Independent Members
3
Employees
1
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
3
$47,370
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY VERMAAS PRESIDENT 60.00
Officer
$20,106 $27,264 $47,370
LINDA DITMAN DIRECTOR 1.00
Director
$0 $0 $0
STEVEN BELL DIRECTOR 1.00
Officer
$0 $0 $0
SUSAN R VERMAAS SECTREASURER 60.00
Officer
$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 $103,305 $85,230 $123,482 $18,075
2022 $169,312 $106,451 $35,606 $62,861
2021 $86,527 $93,184 $37,576 $-6,657
2020 $65,890 $78,542 $49,152 $-12,652
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