Good News Communications Inc
Good News Communications Inc. maintains stable assets and reports no officer compensation.
EIN: 132965038 · Camarillo, CA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $2.8M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.5M |
| Transparency Score | 75/100 |
Search Intent Cockpit
Good News Communications Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Good News Communications Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Good News Communications Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $2.6M and expenses of $2.8M.
Revenue and Expenses
Good News Communications Inc reported $2.6M in revenue and $2.8M in expenses, a deficit of $169K.
Executive Compensation
Top officer compensation appears as $3 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
75/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Good News Communications Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $1.9M (70%) |
Across stored filings, Good News Communications Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Butte County Fire Safe Council | California and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Butte County Fire Safe Council →All California nonprofits
Local and Sector Spokes
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Camarillo, CA nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Good News Communications Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Good News Communications Inc
Good News Communications Inc (EIN: 132965038) is a nonprofit organization based in Camarillo, CA. The organization reported total revenue of $3.8M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Good News Communications Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Good News Communications Inc is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.8M |
| Surplus / Deficit | $-169,278 |
| Total Assets | $3.6M |
| Total Liabilities | $146K |
| Net Assets | $3.5M |
| Operating Margin | -6.5% |
| Debt-to-Asset Ratio | 4.0% |
| Months of Reserves | 15.7 months |
Financial Health Grade: B
In 2023, Good News Communications Inc reported a deficit of $169K with expenses exceeding revenue, holds 15.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Good News Communications Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.8% | +46.5% | -4.3% |
| 2022 | -6.7% | +15.9% | +8.5% |
| 2021 | +16.6% | -22.1% | +14.6% |
| 2020 | -1.9% | -8.7% | +2.5% |
| 2019 | -17.5% | +13.6% | -7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Good News Communications Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Good News Communications Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $169K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.0%.
Executive Compensation Analysis
Good News Communications Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization of its size with assets over $3 million.
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 Good News Communications Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size may warrant further inquiry into how leadership is sustained.
- Lack of NTEE code in the provided data limits understanding of the organization's primary mission area.
Strengths
The following positive indicators were identified for Good News Communications Inc:
- Consistent growth in assets over the past decade, from $1,090,316 in 2014 to $3,646,519 in 2023.
- Low liabilities relative to assets, indicating strong financial stability (e.g., $145,874 liabilities vs. $3,646,519 assets in 2023).
- No reported officer compensation, suggesting a highly cost-efficient leadership structure or volunteer-driven executive roles.
Frequently Asked Questions about Good News Communications Inc
Is Good News Communications Inc a legitimate charity?
Good News Communications Inc (EIN: 132965038) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.8M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Good News Communications Inc spend its money?
Good News Communications Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Good News Communications Inc tax-deductible?
Good News Communications Inc is registered as a tax-exempt nonprofit (EIN: 132965038). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Good News Communications Inc CEO make?
Good News Communications Inc's highest-compensated officer earns $3 annually. The organization reported $3.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Good News Communications Inc's spending goes to programs?
Good News Communications Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Good News Communications Inc located?
Good News Communications Inc is headquartered in Camarillo, California and files with the IRS under EIN 132965038.
How many years of IRS 990 filings does Good News Communications Inc have?
Good News Communications Inc has 13 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 $3.8M in total revenue.
How does Good News Communications Inc. manage to operate without paying officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation, which is uncommon for an organization with millions in revenue and assets.
What are the specific program activities of Good News Communications Inc.?
The provided data does not include an NTEE code or detailed program descriptions, making it difficult to ascertain the specific nature of their charitable activities.
Why did expenses exceed revenue in some fiscal periods, such as 2023 and 2020?
In 2023, expenses were $2,784,481 against revenue of $2,615,203, and in 2020, expenses were $2,105,564 against revenue of $2,006,765. This indicates the organization either drew from its reserves or utilized other non-revenue income sources to cover operational costs during those years.
Filing History
IRS 990 filing history for Good News Communications Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Good News Communications Inc's revenue has declined by 33.5%, moving from $3.9M to $2.6M. Total assets increased by 57.5% over the same period, from $2.3M to $3.6M. Total functional expenses rose by 66.3%, from $1.7M to $2.8M. In its most recent filing year (2023), Good News Communications Inc reported a deficit of $169K, with expenses exceeding revenue. The organization holds $146K in liabilities against $3.6M in assets (debt-to-asset ratio: 4.0%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.8M | $3.6M | $146K | — | View 990 |
| 2022 | $2.2M | $1.9M | $3.8M | $141K | — | View 990 |
| 2021 | $2.3M | $1.6M | $3.5M | $118K | — | View 990 |
| 2020 | $2.0M | $2.1M | $3.1M | $379K | — | View 990 |
| 2019 | $2.0M | $2.3M | $3.0M | $204K | — | View 990 |
| 2018 | $2.5M | $2.0M | $3.2M | $167K | — | View 990 |
| 2017 | $2.4M | $1.9M | $2.8M | $192K | — | View 990 |
| 2016 | $2.7M | $2.4M | $2.4M | $321K | — | View 990 |
| 2015 | $3.3M | $2.4M | $2.1M | $265K | — | View 990 |
| 2014 | $2.6M | $2.4M | $1.1M | $195K | — | View 990 |
| 2013 | $1.4M | $2.3M | $943K | $283K | — | View 990 |
| 2012 | $1.5M | $1.9M | $1.8M | $281K | — | View 990 |
| 2011 | $3.9M | $1.7M | $2.3M | $354K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.8M, and assets of $3.6M (revenue +19.8% year-over-year).
- 2022: Revenue of $2.2M, expenses of $1.9M, and assets of $3.8M (revenue -6.7% year-over-year).
- 2021: Revenue of $2.3M, expenses of $1.6M, and assets of $3.5M (revenue +16.6% year-over-year).
- 2020: Revenue of $2.0M, expenses of $2.1M, and assets of $3.1M (revenue -1.9% year-over-year).
- 2019: Revenue of $2.0M, expenses of $2.3M, and assets of $3.0M (revenue -17.5% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.0M, and assets of $3.2M (revenue +4.1% year-over-year).
- 2017: Revenue of $2.4M, expenses of $1.9M, and assets of $2.8M (revenue -12.4% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.4M, and assets of $2.4M (revenue -17.1% year-over-year).
- 2015: Revenue of $3.3M, expenses of $2.4M, and assets of $2.1M (revenue +25.4% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.4M, and assets of $1.1M (revenue +84.6% year-over-year).
- 2013: Revenue of $1.4M, expenses of $2.3M, and assets of $943K (revenue -2.7% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.9M, and assets of $1.8M (revenue -63.0% year-over-year).
- 2011: Revenue of $3.9M, expenses of $1.7M, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Good News Communications Inc:
Data Sources and Methodology
This transparency report for Good News Communications Inc 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.