Good News In Action Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 740,839 | 763,089 | −22,250 | 6.4 | 13% |
| 2021 | 729,176 | 730,594 | −1,418 | 6.6 | 14% |
| 2022 | 945,098 | 699,163 | 245,935 | 11.1 | 15% |
| 2023 | 769,993 | 1,083,353 | −313,360 | 3.7 | 11% |
In its most recent public year (2023), this organization spent $313,360 more than it brought in. Its reserves stood at about 3.7 months of spending, down from 6.4 in 2020. Staff pay was 11% 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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