TPhilanthropy, Voluntarism & GrantmakingEIN: 541812414· Ruling Year: 1996

Good News Foundation

Newport News, Virginia

BHealth Score
60B

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Above Average

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org18.09×
Peer Median18.82×
💰
$248K
Total Revenue
📊
$227K
Total Expenses
🏦
$4.1M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-7.4%
Year-over-year change (2022 → 2023)
Net Margin
+8.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
18.09
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$248,1977%$226,62414%$4,098,7811%
2022$267,9941%$263,32322%$4,077,208
2021$265,20493%$216,34817%$4,072,5371%
2020$137,26320%$184,75923%$4,023,6811%
2019$172,572423%$239,57343%$4,071,17718%
2015-$53,472152%$167,04215%$3,440,1536%
2014$103,70538%$195,6086%$3,658,5352%
2013$167,17082%$184,5014%$3,750,438
2012$91,6913%$177,44016%$3,767,7692%
2011$94,900$152,368$3,853,518

Frequently Asked Questions

What does Good News Foundation do?

Good News Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Virginia. It is classified under NTEE code T22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Good News Foundation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Good News Foundation.

How much revenue does Good News Foundation generate?

Revenue data for Good News Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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