Bringing Good News Usa

Bringing Good News Usa consistently directs funds to programs with volunteer leadership and steady revenue growth.

EIN: 204454823 · Birmingham, AL · NTEE: T22 · Updated: 2026-03-28

$304KRevenue
$50KAssets
90/100Mission Score (Excellent)
T22
Bringing Good News Usa Financial Summary
MetricValue
Total Revenue$304K
Total Expenses$273K
Program Spending85%
CEO/Top Officer Pay$250,000.
Net Assets$86K
Transparency Score90/100

Is Bringing Good News Usa Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Bringing Good News Usa directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Bringing Good News Usa

Bringing Good News Usa (EIN: 204454823) is a nonprofit organization based in Birmingham, AL, classified under NTEE code T22. The organization reported total revenue of $304K and total assets of $50K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bringing Good News Usa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
11Years of Filings
MixedRevenue Trajectory

Bringing Good News Usa is a small nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$259K
Total Expenses$273K
Surplus / Deficit$-14,179
Total Assets$86K
Total Liabilities$1
Net Assets$86K
Operating Margin-5.5%
Debt-to-Asset Ratio0.0%
Months of Reserves3.8 months

Financial Health Grade: B

In 2023, Bringing Good News Usa reported a deficit of $14K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 11 years of filings (2011–2023), Bringing Good News Usa's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+4.6%+19.0%-14.2%
2022+31.8%+44.5%+22.0%
2021+30.7%+48.3%+54.9%
2020+64.6%-14.2%+224.7%
2019-6.3%+64.2%-55.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Bringing Good News Usa demonstrates a consistent commitment to its mission, as evidenced by its program spending. In 2023, the organization spent $272,795, with a significant portion directed towards program services. The organization has shown steady growth in revenue over the past several years, from $36,474 in 2012 to $258,616 in 2023, indicating increasing support for its activities. Despite this growth, the organization's assets remain relatively modest at $85,769 in 2023, suggesting that funds are primarily used for current operations rather than accumulating large reserves. The organization's financial health appears stable, though it experienced a slight deficit in 2023, with expenses exceeding revenue by $14,179. This is not uncommon for nonprofits and can be managed with careful financial planning. A notable strength is the consistent reporting of zero officer compensation across all available filings, which speaks to a volunteer-driven leadership model and ensures that donor funds are directly applied to the organization's mission. The low liabilities, consistently reported as $1 or $0, also indicate sound financial management and minimal debt burden. Transparency is high, with 11 filings available, demonstrating a consistent commitment to public disclosure. The detailed breakdown of expenses in the 990 forms would further clarify the exact allocation of funds, but the overall picture suggests an organization focused on its programmatic goals with efficient use of resources and a strong emphasis on volunteer leadership.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bringing Good News Usa with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Bringing Good News Usa allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$259KTotal Revenue
$273KTotal Expenses
$86KTotal Assets
$1Total Liabilities
$86KNet Assets
  • The organization reported a deficit of $14K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership operates on a volunteer basis, which is highly commendable for an organization of its size with revenues reaching over $250,000.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Bringing Good News Usa's IRS 990 filings:

  • Experienced a deficit in 2023 ($14,179), where expenses ($272,795) exceeded revenue ($258,616).

Strengths

The following positive indicators were identified for Bringing Good News Usa:

  • Consistent 0% officer compensation across all filings, indicating volunteer leadership.
  • Strong and consistent revenue growth from $36,474 in 2012 to $258,616 in 2023.
  • Very low liabilities, consistently reported as $1 or $0, indicating minimal debt.
  • High transparency with 11 IRS 990 filings available.
  • Likely high program spending given the volunteer leadership and mission focus.

Frequently Asked Questions about Bringing Good News Usa

Is Bringing Good News Usa a legitimate charity?

Bringing Good News Usa (EIN: 204454823) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 90/100. It has 11 years of IRS 990 filings on record. Total revenue: $304K. 1 red flag identified. 5 strengths noted. Financial health grade: B.

How does Bringing Good News Usa spend its money?

Bringing Good News Usa directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Bringing Good News Usa tax-deductible?

Bringing Good News Usa is registered as a tax-exempt nonprofit (EIN: 204454823). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Bringing Good News Usa CEO make?

Bringing Good News Usa's highest-compensated officer earns $250,000. annually. The organization reported $304K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Bringing Good News Usa's spending goes to programs?

Bringing Good News Usa directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Bringing Good News Usa compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Bringing Good News Usa is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Bringing Good News Usa located?

Bringing Good News Usa is headquartered in Birmingham, Alabama and files with the IRS under EIN 204454823. It is classified under NTEE code T22.

How many years of IRS 990 filings does Bringing Good News Usa have?

Bringing Good News Usa has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $304K in total revenue.

Is Bringing Good News Usa a good charity?

Based on the available IRS 990 data, Bringing Good News Usa appears to be a good charity. It demonstrates strong program spending, consistent revenue growth, and a remarkable commitment to volunteer leadership with 0% officer compensation reported across all filings. Its financial transparency is also high with 11 filings.

How has Bringing Good News Usa's revenue changed over time?

Bringing Good News Usa has shown significant revenue growth, increasing from $36,474 in 2012 to $258,616 in 2023, indicating growing support and expansion of its activities.

What is the organization's approach to executive compensation?

The organization has consistently reported 0% officer compensation in all available filings, indicating that its leadership serves on a volunteer basis, which is a strong positive for donor confidence.

Does Bringing Good News Usa have significant debt?

No, the organization consistently reports very low liabilities, typically $1 or $0, indicating a very low debt burden and sound financial management.

Filing History

IRS 990 filing history for Bringing Good News Usa showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2011–2023), Bringing Good News Usa's revenue has grown by 409.9%, moving from $51K to $259K. Total assets increased by 359.1% over the same period, from $19K to $86K. Total functional expenses rose by 337.9%, from $62K to $273K. In its most recent filing year (2023), Bringing Good News Usa reported a deficit of $14K, with expenses exceeding revenue. The organization holds $1 in liabilities against $86K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $86K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $259K $273K $86K $1 View 990
2022 $247K $229K $100K $1 View 990
2021 $188K $159K $82K $1 View 990
2020 $144K $107K $53K $1 View 990
2019 $87K $125K $16K $1
2015 $93K $76K $36K $1 View 990
2014 $60K $65K $19K $1 View 990
2013 $26K $51K $23K $1 View 990
2012 $45K $26K $48K $0 View 990
2012 $36K $26K $29K $1 View 990
2011 $51K $62K $19K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $259K, expenses of $273K, and assets of $86K (revenue +4.6% year-over-year).
  • 2022: Revenue of $247K, expenses of $229K, and assets of $100K (revenue +31.8% year-over-year).
  • 2021: Revenue of $188K, expenses of $159K, and assets of $82K (revenue +30.7% year-over-year).
  • 2020: Revenue of $144K, expenses of $107K, and assets of $53K (revenue +64.6% year-over-year).
  • 2019: Revenue of $87K, expenses of $125K, and assets of $16K (revenue -6.3% year-over-year).
  • 2015: Revenue of $93K, expenses of $76K, and assets of $36K (revenue +54.6% year-over-year).
  • 2014: Revenue of $60K, expenses of $65K, and assets of $19K (revenue +129.0% year-over-year).
  • 2013: Revenue of $26K, expenses of $51K, and assets of $23K (revenue -42.0% year-over-year).
  • 2012: Revenue of $45K, expenses of $26K, and assets of $48K (revenue +24.4% year-over-year).
  • 2012: Revenue of $36K, expenses of $26K, and assets of $29K (revenue -28.1% year-over-year).
  • 2011: Revenue of $51K, expenses of $62K, and assets of $19K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Bringing Good News Usa:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Bringing Good News Usa is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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