Good News Ii Inc Of Statesville
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 318,747 | 349,019 | −30,272 | -17.6 | 12% |
| 2012 | 310,260 | 360,342 | −50,082 | -18.7 | 12% |
| 2013 | 544,028 | 385,952 | 158,076 | -8.5 | 13% |
| 2014 | 409,038 | 527,192 | −118,154 | -8.9 | 11% |
| 2015 | 324,930 | 359,285 | −34,355 | -14.2 | 15% |
| 2016 | 333,497 | 363,104 | −29,607 | -15.1 | 9% |
| 2017 | 346,877 | 383,124 | −36,247 | -15.4 | 17% |
| 2018 | 347,901 | 374,153 | −26,252 | -16.6 | 15% |
| 2019 | 353,167 | 386,577 | −33,410 | -17.1 | 16% |
| 2020 | 429,009 | 383,392 | 45,617 | -15.8 | 13% |
| 2021 | 447,292 | 396,659 | 50,633 | -13.8 | 17% |
| 2022 | 462,967 | 344,692 | 118,275 | -12.7 | 17% |
| 2023 | 406,781 | 361,281 | 45,500 | -10.1 | 17% |
In its most recent public year (2023), this organization brought in $45,500 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-10.1 months), up from -17.6 in 2011. Staff pay was 17% of spending. $107,268 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
Good News Ii Inc Of Statesville's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works