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
2 out of 5 28 / 100 Based on one year of filings
Financial strength (30%) 48/100
Reliability (20%) 40/100
Effectiveness (25%) 21/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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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 1,603 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% 90.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
6.0 mo 16.3 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% 2.3%
P10P90
Expense growth
Year over year expense growth
130.6% 0.5%
P10P90
Surplus margin
Surplus as a share of revenue
-4.2% 13.3%
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
2★
Coverage
B
Last Updated
Aug 2026
Form 990
On File
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