GOOD NEWS RENEWAL MINISTRY

EIN: 753136973 501(c)(3) Religion

JESSUP, MD

Total Revenue
$59,511
Total Expenses
$58,253
Total Assets
N/A
Net Assets
N/A
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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
2008
Legal Domicile
MD
Principal Officer
ASHENAFI BELEHU
Tax Period
2018-01-01 to 2018-12-31

GOOD NEWS RENEWAL MINISTRY, founded in 2008, is a micro nonprofit in the Religion sector that reported $60K in total revenue in fiscal year 2018.

Mission

the mession of goodnews is to give traing and distributing Bible and spritu al materials to the churches

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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 (2018)

Revenue Breakdown

Contributions & Grants $59,511
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $59,511

Expense Breakdown

Grants Paid $49,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $59,283
Other Expenses $9,253
TOTAL EXPENSES $58,253

Year-over-Year Comparison

2018 2017 Change
Revenue $59,511 $59,511 N/A
Expenses $58,253 $59,283 0.0%
Net Income $1,258 $228 +4.5%
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
N/A
Independent Members
N/A
Employees
N/A
Volunteers
6

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHENAFI BELEHU COORDINATOR 0
$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
2018 $59,511 $58,253 No data $1,258
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