Good News Unlimited (EIN 942466560) - 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

1977

Legal Domicile

Principal Officer

JILL CATLAPP

Phone

9164251200

Tax Period

2023-01-01 to 2023-12-31

Good News Unlimited, founded in 1977, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $54K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $49K left a modest 9% surplus.

Mission

Proclaim the gospel of Jesus Christ using printed and spoken media

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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 $52,893

Program Service Revenue $0

Investment Income $1,589

Other Revenue $0

TOTAL REVENUE $54,482

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,754

Fundraising Expenses $0

Program Expenses $8,585

Other Expenses $15,101

TOTAL EXPENSES $49,442

Year-over-Year Comparison

	2023	2022	Change
Revenue	$54,482	$58,465	-0.1%
Expenses	$49,442	$67,394	-0.3%
Net Income	$5,040	$-8,929	-1.6%

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

$25,144

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON ALLEN	Vice President	1.000	Officer	$0	$0	$0
JILL CATLAPP	President	15.00	Officer	$25,144	$0	$25,144
INGRID WOODWARD	Director	1.000	Director	$0	$0	$0
MOLLY CLAYDON	Secretary	10.00	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
2023	$54,482	$49,442	$65,054	$5,040
2022	$58,465	$67,394	$60,014	$-8,929
2021	$67,434	$67,341	$69,800	$93

Good News Unlimited