Good News Communications Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,933,230 | 1,673,991 | 2,259,239 | 14.1 | 26% |
| 2012 | 1,455,040 | 1,926,130 | −471,090 | 9.3 | 27% |
| 2013 | 1,415,387 | 2,257,981 | −842,594 | 3.5 | 25% |
| 2014 | 2,613,511 | 2,378,556 | 234,955 | 4.5 | 24% |
| 2015 | 3,276,185 | 2,371,673 | 904,512 | 9.1 | 29% |
| 2016 | 2,716,942 | 2,428,630 | 288,312 | 10.3 | 31% |
| 2017 | 2,380,914 | 1,869,446 | 511,468 | 16.7 | 39% |
| 2018 | 2,478,258 | 2,030,429 | 447,829 | 18.0 | 41% |
| 2019 | 2,044,618 | 2,306,789 | −262,171 | 14.5 | 36% |
| 2020 | 2,006,765 | 2,105,564 | −98,799 | 15.3 | 38% |
| 2021 | 2,339,141 | 1,639,721 | 699,420 | 24.8 | 48% |
| 2022 | 2,183,548 | 1,901,240 | 282,308 | 23.2 | 46% |
| 2023 | 2,615,203 | 2,784,481 | −169,278 | 15.1 | 37% |
In its most recent public year (2023), this organization spent $169,278 more than it brought in. Its reserves stood at about 15.1 months of spending. Staff pay was 37% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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