DIVINE MERCY PROVINCE OF HERALDS O… - Form 990 Financial Data

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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

2017

Legal Domicile

Principal Officer

BASKAR ANANDAN

Phone

5095532367

Tax Period

2024-01-01 to 2024-12-31

DIVINE MERCY PROVINCE OF HERALDS OF GOOD NEWS INC, founded in 2017, is a community nonprofit in the Human Services sector that reported $2.4M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $2.8M exceeded revenue, resulting in a 17% operating deficit.

Mission

TO ACT AS AN AMERICAN PROVINCE OF THE RELIGIOUS ORDER OF ROMAN CATHOLIC PRIESTS KNOWN AS HERALDS OF GOOD NEWS, BASED IN ELURU, INDIA; TO SUPPORT THE CHARITABLE WORKS OF HERALDS OF GOOD NEWS IN INDIA THROUGH THE GOOD NEWS CHARITABLE TRUST.

Program Service Accomplishments

Program 1

Expenses: $2,691,329

ROMAN CATHOLIC PRIESTS WHO ARE MEMBERS OF HERALDS OF GOOD NEWS ORDER, ESTABLISHED IN ELURU, INDIA, AND ARE WORKING IN THE UNITED STATES HAVE TAKEN A VOW OF POVERTY AND DONATE THEIR SALARIES TO THE...

ROMAN CATHOLIC PRIESTS WHO ARE MEMBERS OF HERALDS OF GOOD NEWS ORDER, ESTABLISHED IN ELURU, INDIA, AND ARE WORKING IN THE UNITED STATES HAVE TAKEN A VOW OF POVERTY AND DONATE THEIR SALARIES TO THE ORGANIZATION. THE PRIESTS ARE REIMBURSED FOR LIVING EXPENSES, AND THE REMAINING FUNDS ARE DONATED TO GOOD NEWS CHARITABLE TRUST TO FURTHER THE CHARITABLE WORKS OF HERALDS OF GOOD NEWS ORDER. IN ADDITION, THE ORGANIZATION ALSO MADE DONATIONS TO DIVINE MERCY FORMATION HOUSE IN TANZANIA AND QUEEN MARY'S SECONDARY SCHOOL WHICH IS RUN BY HERALDS OF GOOD NEWS ORDER. ADDITIONAL FUNDS WERE DONATED TO ST. FRANCIS CONVENT AND THE DIOCESE OF KHAMMAM SOCIETY BOTH OF WHICH ARE LOCATED IN INDIA.

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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 $2,378,944

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,378,944

Expense Breakdown

Grants Paid $1,651,004

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,691,329

Other Expenses $1,121,899

TOTAL EXPENSES $2,772,903

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,378,944	$2,108,841	+0.1%
Expenses	$2,772,903	$1,692,750	+0.6%
Net Income	$-393,959	$416,091	-1.9%

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

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
SELVAM ARPUTHARAJ	SECRETARY	7.00	Officer Director	$0	$0	$0
SELVANAYAGAM PAPPU	DIRECTOR	5.00	Officer Director	$0	$0	$0
BASKAR ANANDAN	PRESIDENT	8.00	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
2024	$2,378,944	$2,772,903	$655,302	$-393,959
2023	$2,108,841	$1,692,750	$1,049,261	$416,091
2022	$1,396,301	$886,290	$633,170	$510,011
2021	$1,393,387	$1,336,757	$123,159	$56,630
2020	$1,349,663	$1,351,498	$66,530	$-1,835
2019	$1,265,876	$1,241,647	$68,365	$24,229
2018	$1,066,921	$1,052,437	$44,136	$14,484

DIVINE MERCY PROVINCE OF HERALDS OF GOOD NEWS INC