Good News Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 550,213 | 529,604 | 20,609 | 2.9 | 14% |
| 2012 | 245,259 | 253,883 | −8,624 | 5.7 | 33% |
| 2013 | 232,082 | 277,545 | −45,463 | 3.3 | 34% |
| 2014 | 276,699 | 244,501 | 32,198 | 5.3 | 41% |
| 2015 | 347,506 | 282,806 | 64,700 | 7.3 | 40% |
| 2016 | 297,442 | 306,335 | −8,893 | 6.4 | 38% |
| 2017 | 10,206 | 34,840 | −24,634 | 60.8 | 29% |
| 2018 | 399,749 | 376,508 | 23,241 | 7.3 | 38% |
| 2019 | 438,567 | 477,731 | −39,164 | 4.5 | 34% |
| 2020 | 398,084 | 403,108 | −5,024 | 5.9 | 41% |
| 2021 | 340,509 | 306,744 | 33,765 | 10.0 | 51% |
| 2022 | 603,843 | 359,139 | 244,704 | 16.3 | 52% |
| 2023 | 731,036 | 447,526 | 283,510 | 20.5 | 53% |
In its most recent public year (2023), this organization brought in $283,510 more than it spent. Its reserves stood at about 20.5 months of spending, up from 2.9 in 2011. Staff pay was 53% of spending. $135,000 of its net assets are donor-restricted.
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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