Z โ€” UnclassifiedEIN: 561635295ยท Ruling Year: 1989

The Foundation For Good News

Clinton, North Carolina

DHealth Score
26D

Financial Health Score

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

Poor

๐Ÿ’ฐ
$14K
Total Revenue
๐Ÿ“Š
$52K
Total Expenses
๐Ÿฆ
-$143K
Net Assets
๐Ÿ“‹
$558K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-93.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-268.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
-2.74
Net assets divided by total expenses
Liabilities-to-Assets
134.6%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$14,219โ†“93%$52,329โ†“83%$414,282โ†“8%
2022$201,750โ†‘1187%$300,829โ†‘40%$452,486โ†“21%
2021$15,674โ†‘124%$214,731โ†‘623%$572,468โ†‘19%
2020$6,988โ†“95%$29,682โ†“26%$481,108โ†“5%
2019$135,491โ†‘16794%$40,211โ†‘149%$504,649โ†‘79%
2015$802โ†“97%$16,122$281,529โ†“5%
2014$24,102โ†‘4121%$16,064โ†‘17%$295,295โ†‘3%
2013$571โ†“96%$13,672โ†“4%$287,739โ†“4%
2012$15,505โ†“27%$14,206โ†“6%$300,549โ†“3%
2011$21,367$15,113$309,033

Frequently Asked Questions

What does The Foundation For Good News do?โ–ผ

The Foundation For Good News is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Foundation For Good News financially healthy?โ–ผ

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

How much revenue does The Foundation For Good News generate?โ–ผ

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

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The Foundation For Good News โ€” Clinton, NC | GiveScope