Charity Search / GOOD NEWS FOUNDATION INC
Food, Agriculture & Nutrition (K30) 990 on File

GOOD NEWS FOUNDATION INC

EIN: 84-1247801 · COLORADO SPGS, CO 80932-1051 · United States · FY 2024 Data
No longer listed by the IRS
This organization is not in good standing with its registry and is not rated.
Not rated Based on one year of filings
Financial strength (30%) 48/100
Reliability (20%) 25/100
Effectiveness (25%) 21/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 10/18/2026
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Financial Overview — FY 2024
$65K
Total Revenue
$68K
Total Expenses
$34K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 4.1%
Fundraising Efficiency N/A
Operating Reserve 6.04x
Liability-to-Asset 0.0%
Revenue Diversification 100.0%
Compared with Peers
FY 2024
Compared with 1,611 similar organizations (United States, Food, Agriculture & Nutrition, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
4.1% 89.9%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
6.0 mo 16.2 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 100.0%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
169.6% 2.8%
P10P90
Expense growth
Year over year expense growth
130.6% 0.6%
P10P90
Surplus margin
Surplus as a share of revenue
-4.2% 13.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $65K $68K $34K 4.1% —
2023 $24K $29K N/A — 1
2021 $81K $91K N/A — 1
2020 $92K $92K N/A — 1
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Organization Details
EIN
84-1247801
State
CO
City
COLORADO SPGS
ZIP
80932-1051
Classification
K30
Category
Food, Agriculture & Nutrition
Rating
Not listed Not rated
Coverage
B
Last Updated
Sep 2026
Form 990
On File
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