Good News Worldwide
EIN: 921004584 · Augusta, MO
| Metric | Value |
|---|---|
| Total Revenue | $682K |
| Total Expenses | $214K |
| Net Assets | $1.2M |
Is Good News Worldwide 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 Worldwide
Good News Worldwide (EIN: 921004584) is a nonprofit organization based in Augusta, MO. The organization reported total revenue of $682K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Good News Worldwide's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Good News Worldwide is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 110.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $168K |
| Total Expenses | $214K |
| Surplus / Deficit | $-45,748 |
| Total Assets | $1.2M |
| Total Liabilities | $790 |
| Net Assets | $1.2M |
| Operating Margin | -27.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 66.1 months |
Financial Health Grade: B
In 2023, Good News Worldwide reported a deficit of $46K with expenses exceeding revenue, holds 66.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Good News Worldwide's revenue has grown at a compound annual growth rate (CAGR) of 110.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +110.4% | — | +1373.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Good News Worldwide 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 Worldwide 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 deficit of $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Good News Worldwide
Is Good News Worldwide a legitimate charity?
Good News Worldwide (EIN: 921004584) is a registered tax-exempt nonprofit based in Missouri. It has 2 years of IRS 990 filings on record. Total revenue: $682K. No red flags identified. Financial health grade: B.
How does Good News Worldwide spend its money?
Good News Worldwide reported $682K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Good News Worldwide tax-deductible?
Good News Worldwide is registered as a tax-exempt nonprofit (EIN: 921004584). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Good News Worldwide located?
Good News Worldwide is headquartered in Augusta, Missouri and files with the IRS under EIN 921004584.
How many years of IRS 990 filings does Good News Worldwide have?
Good News Worldwide has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $682K in total revenue.
Filing History
IRS 990 filing history for Good News Worldwide showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Good News Worldwide's revenue has grown by 110.4%, moving from $80K to $168K. Total assets increased by 1373.8% over the same period, from $80K to $1.2M. In its most recent filing year (2023), Good News Worldwide reported a deficit of $46K, with expenses exceeding revenue. The organization holds $790 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $168K | $214K | $1.2M | $790 | — | — |
| 2022 | $80K | $0 | $80K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Good News Worldwide:
Data Sources and Methodology
This transparency report for Good News Worldwide 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.