Good News For India Texas
EIN: 464463056 · Spring, TX
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $1.8M |
| Net Assets | $8.3M |
Is Good News For India Texas Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Good News For India Texas
Good News For India Texas (EIN: 464463056) is a nonprofit organization based in Spring, TX. The organization reported total revenue of $2.3M and total assets of $8.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Good News For India Texas's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Good News For India Texas is a mid-size nonprofit that has been operating for 33 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$740K |
| Total Assets | $8.3M |
| Net Assets | $8.3M |
| Operating Margin | 28.7% |
| Months of Reserves | 53.9 months |
Financial Health Grade: A
In 2023, Good News For India Texas reported a surplus of $740K with revenue exceeding expenses, holds 53.9 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Good News For India Texas's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +81.5% | +17.1% | +14.5% |
| 2022 | -68.5% | -18.6% | -10.3% |
| 2021 | +47.5% | +17.4% | +47.5% |
| 2020 | +41.3% | -12.5% | +36.5% |
| 2019 | +16.7% | +16.2% | +7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Good News For India Texas has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Good News For India Texas with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $740K, with revenue exceeding expenses.
Frequently Asked Questions about Good News For India Texas
Is Good News For India Texas a legitimate charity?
Good News For India Texas (EIN: 464463056) is a registered tax-exempt nonprofit based in Texas. It has 10 years of IRS 990 filings on record. Total revenue: $2.3M. No red flags identified. Financial health grade: A.
How does Good News For India Texas spend its money?
Good News For India Texas reported $2.3M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Good News For India Texas tax-deductible?
Good News For India Texas is registered as a tax-exempt nonprofit (EIN: 464463056). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Good News For India Texas located?
Good News For India Texas is headquartered in Spring, Texas and files with the IRS under EIN 464463056.
How many years of IRS 990 filings does Good News For India Texas have?
Good News For India Texas has 10 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 $2.3M in total revenue.
Filing History
IRS 990 filing history for Good News For India Texas showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Good News For India Texas's revenue has declined by 29.2%, moving from $3.6M to $2.6M. Total assets increased by 353.3% over the same period, from $1.8M to $8.3M. Total functional expenses rose by 0.7%, from $1.8M to $1.8M. In its most recent filing year (2023), Good News For India Texas reported a surplus of $740K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $1.8M | $8.3M | $0 | — | View 990 |
| 2022 | $1.4M | $1.6M | $7.2M | $0 | — | View 990 |
| 2021 | $4.5M | $1.9M | $8.0M | $0 | — | View 990 |
| 2020 | $3.1M | $1.6M | $5.4M | $0 | — | — |
| 2019 | $2.2M | $1.9M | $4.0M | $0 | — | View 990 |
| 2018 | $1.9M | $1.6M | $3.7M | $0 | — | View 990 |
| 2017 | $1.9M | $1.1M | $3.5M | $0 | — | View 990 |
| 2016 | $2.0M | $1.8M | $2.7M | $0 | — | View 990 |
| 2015 | $2.8M | $2.2M | $2.4M | $3K | — | View 990 |
| 2014 | $3.6M | $1.8M | $1.8M | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $1.8M, and assets of $8.3M (revenue +81.5% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.6M, and assets of $7.2M (revenue -68.5% year-over-year).
- 2021: Revenue of $4.5M, expenses of $1.9M, and assets of $8.0M (revenue +47.5% year-over-year).
- 2020: Revenue of $3.1M, expenses of $1.6M, and assets of $5.4M (revenue +41.3% year-over-year).
- 2019: Revenue of $2.2M, expenses of $1.9M, and assets of $4.0M (revenue +16.7% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.6M, and assets of $3.7M (revenue -3.4% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.1M, and assets of $3.5M (revenue -5.8% year-over-year).
- 2016: Revenue of $2.0M, expenses of $1.8M, and assets of $2.7M (revenue -28.0% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.2M, and assets of $2.4M (revenue -22.2% year-over-year).
- 2014: Revenue of $3.6M, expenses of $1.8M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Good News For India Texas:
Data Sources and Methodology
This transparency report for Good News For India Texas 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.