GOOD NEWS IN ACTION INC (EIN 720695782) - 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

1972

Legal Domicile

Principal Officer

STEVE KERN

Phone

9856873836

Tax Period

2024-01-01 to 2024-12-31

GOOD NEWS IN ACTION INC, founded in 1972, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2024. Revenue surged 464% from the prior year, signaling strong growth momentum.

Mission

TO GLORIFY GOD AND EXPAND HIS KINGDOM THROUGH EVANGELISM AND CHURCH PLANTING. TO PARTNER WITH GOD IN THE HARVEST OF METRO AMERICA 020 AND THE ESTABLISHMENT OF 50 CHURCHES BY 2025.

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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 $4,345,650

Program Service Revenue $0

Investment Income $16

Other Revenue $0

TOTAL REVENUE $4,345,666

Expense Breakdown

Grants Paid $4,184,177

Salaries & Benefits $107,706

Fundraising Expenses $0

Program Expenses $4,257,660

Other Expenses $88,314

TOTAL EXPENSES $4,380,197

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,345,666	$769,993	+4.6%
Expenses	$4,380,197	$1,083,353	+3.0%
Net Income	$-34,531	$-313,360	-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

850

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

$106,145

Total Directors

$106,145

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE KERN	DIRECTOR/PRES.	80.00	Officer Director	$75,600	$10,145	$85,745
BRIAN BUSBY	BOARD MEMBER	5.00	Director	$0	$0	$0
PAMALI KERN	SECRETARY/TREAS	60.00	Officer Director	$20,400	$0	$20,400
SCOTT LABOTZ	BOARD MEMBER	1.00	Director	$0	$0	$0
DR PHIL NEIGHBORS	BOARD MEMBER	1.00	Director	$0	$0	$0
PASTOR RANDY RAY	AGENT	1.00	Officer Director	$0	$0	$0
JULIO CONTRERAS	VP-CENTRAL AMER	5.00	Officer 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
2025	No data	No data	No data	No data
2024	$4,345,666	$4,380,197	$301,110	$-34,531
2023	$769,993	$1,083,353	$335,641	$-313,360
2022	$945,098	$699,163	$649,001	$245,935
2021	$729,176	$730,594	$403,066	$-1,418
2020	$740,839	$763,089	$404,484	$-22,250
2019	$609,559	$576,912	$426,734	$32,647
2018	$624,476	$614,421	$394,087	$10,055

GOOD NEWS IN ACTION INC