Good News In Action Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 28,918,834 | 19,067,242 | 9,851,592 | 7.1 | 1% |
| 2021 | 9,131,841 | 9,607,936 | −476,095 | 1.7 | 3% |
| 2022 | 8,007,208 | 7,275,182 | 732,026 | 3.2 | 5% |
| 2023 | 5,425,823 | 4,940,295 | 485,528 | 3.7 | 10% |
In its most recent public year (2023), this organization brought in $485,528 more than it spent. Its reserves stood at about 3.7 months of spending, down from 7.1 in 2020. Staff pay was 10% 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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