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Texas · Nonprofit

GOOD NEWS INC

GOOD NEWS INC (Texas) receives grants from 11 organizations whose IRS filings report $381,162 to it, the largest being NEW HOPE FOUNDATION ($150,000). 8 of them have funded it in more than one year.

Revenue FY2024
$19k
Funders on record
11
Grants received
$381k
Net assets
$194k
8/11 repeat fundersgrants exceed reported revenue in one year
01What it does

What Good News Inc does

Mission

To further the gospel of jesus christ by radio, books, literature and letter distribution, public preaching and private counseling, and furnishing of equipment, supplies and gifts to persons in the service of jesus christ, and to help those in need for the purpose of winning their souls and lives in the following of jesus christ.

As stated on its FY2024 Form 990-EZ.

Program

  1. All expenses of the organization are in connection with its exempt purpose of providing an after school program for children of single parents. An average of 40 children attend the program on a daily basis. Free snacks, craft sessions, bible study, and sports are some of the activities the after school program offers to its attendees.

    $5,666 spent
    100% of program spending

The program described on its FY2024 Form 990-EZ. Program spending in total: $5,666.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($38k) Expenses 100 ($27k) Net assets 100 ($106k)2018 Revenue 247 ($93k) Expenses 157 ($42k) Net assets 148 ($157k)2019 Revenue 310 ($117k) Expenses 148 ($40k) Net assets 220 ($234k)2020 Revenue 49 ($18k) Expenses 89 ($24k) Net assets 215 ($228k)2021 Revenue 75 ($28k) Expenses 109 ($30k) Net assets 213 ($227k)2022 Revenue 46 ($17k) Expenses 118 ($32k) Net assets 200 ($213k)2023 Revenue 90 ($34k) Expenses 136 ($37k) Net assets 197 ($210k)2024 Revenue 50 ($19k) Expenses 129 ($35k) Net assets 182 ($194k)
'17'18'19'20'21'22'23'24
Revenue (50)Expenses (129)Net assets (182)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $157k to $234k (+49%).

$106k
$157k
$234k
$228k
$227k
$213k
$210k
$194k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

$11k
’17
$51k
’18
$77k
’19
−$6k
’20
−$1k
’21
−$14k
’22
−$3k
’23
−$16k
’24
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 4 funders to 2 funders, grant income rose $10k → $11k.

2 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 11% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of GOOD NEWS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

GOOD NEWS INC leans on a few funders — its largest provides 39% of grant income and the top three 73%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

44% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GOOD NEWS INC.

39%
largest funder
73%
top three
~4
effective funders

Largest funder’s share by year: 2017 69% · 2018 41% · 2019 54% · 2020 98% · 2021 66% · 2022 50% · 2023 53% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

10% of GOOD NEWS INC's funders are still giving 3 years after their first grant; 73% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

GOOD NEWS INC draws 74% of its grant income from funders outside Texas, across 7 states in all.

OR
IA
CT
VA
TN
OK
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. $41k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like GOOD NEWS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

92%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for GOOD NEWS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GOOD NEWS INC?
GOOD NEWS INC (Texas) receives grants from 11 organizations whose IRS filings report $381,162 to it, the largest being NEW HOPE FOUNDATION ($150,000). 8 of them have funded it in more than one year.
How many funders does GOOD NEWS INC have?
IRS filings report 11 organizations giving $381,162 in grants to GOOD NEWS INC, 8 of which have funded it in more than one year.
Who is the largest funder of GOOD NEWS INC?
NEW HOPE FOUNDATION is the largest funder on record, with $150,000 in grants. The full list of funders is on this page.
How can an organization like GOOD NEWS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Good News →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing