TPhilanthropy, Voluntarism & GrantmakingEIN: 842034803· Ruling Year: 2020

Good News Outreach Foundation

Missouri City, Texas

BHealth Score
62B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 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 Org31.59×
Peer Median18.82×
💰
-$419K
Total Revenue
📊
$374K
Total Expenses
🏦
$11.8M
Net Assets
📋
$565K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+44.0%
Year-over-year change (2022 → 2023)
Net Margin
+189.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
31.59
Net assets divided by total expenses
Liabilities-to-Assets
4.6%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023-$418,61144%$374,00784%$12,378,9931%
2022-$747,148160%$202,7418%$12,481,2257%
2021$1,240,051152%$221,509105%$13,431,1088%
2020$492,79397%$107,93096%$12,412,5663%
2019$15,029,622$3,001,919$12,027,703

Frequently Asked Questions

What does Good News Outreach Foundation do?

Good News Outreach Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Texas. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Good News Outreach Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Good News Outreach Foundation has a score of 62/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Good News Outreach Foundation generate?

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

Similar Organizations

Explore more organizations in the Philanthropy, Voluntarism & Grantmaking category, or browse all nonprofits in Texas.

Good News Outreach Foundation — Missouri City, TX | GiveScope