Civic Intelligence

Good News Inc

EIN 23-7041932 • 501(c)3 • Woodsboro, TX

Profile

To further the gospel of jesus christ by radio, books, literature and letter distribution, public preaching and private counseling, and furnishing of equipment, supplies and gifts to persons in the service of jesus christ, and to help those in need for the purpose of winning their souls and lives in the following of jesus christ.

PO Box 528Woodsboro, TX 78393

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

10th percentile

-87%

Higher net margin than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

42nd percentile

-7.7%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-45%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$193,651

Down $19,001 (-8.9%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$193,651

Down $19,001 (-8.9%) from 2022

Revenue

Up

$18,738

Up $1,256 (+7.2%) from 2022

Expenses

Up

$35,001

Up $3,138 (+9.8%) from 2022

Net Income

Down

-$16,263

Down $1,882 (-13%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2010: $64,934Net Assets 2010: $64,9342010Assets 2011: $70,493Net Assets 2011: $70,4932011Assets 2012: $77,460Liabilities 2012: $0Net Assets 2012: $77,4602012Assets 2013: $70,386Liabilities 2013: $0Net Assets 2013: $70,3862013Assets 2015: $89,842Liabilities 2015: $0Net Assets 2015: $89,8422015Assets 2016: $95,670Liabilities 2016: $0Net Assets 2016: $95,6702016Assets 2018: $157,200Liabilities 2018: $0Net Assets 2018: $157,2002018Assets 2019: $234,143Liabilities 2019: $0Net Assets 2019: $234,1432019Assets 2020: $228,446Liabilities 2020: $0Net Assets 2020: $228,4462020Assets 2022: $212,652Liabilities 2022: $0Net Assets 2022: $212,6522022Assets 2024: $193,651Liabilities 2024: $0Net Assets 2024: $193,6512024

Highlighted filing

2024

Assets$193,651
Liabilities$0
Net Assets$193,651

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2010: $35,540Expenses 2010: $15,968Net Income 2010: $19,5722010Revenue 2011: $26,188Expenses 2011: $20,629Net Income 2011: $5,5592011Revenue 2012: $25,903Expenses 2012: $18,936Net Income 2012: $6,9672012Revenue 2013: $19,736Expenses 2013: $26,810Net Income 2013: -$7,0742013Revenue 2015: $34,484Expenses 2015: $27,732Net Income 2015: $6,7522015Revenue 2016: $35,903Expenses 2016: $30,075Net Income 2016: $5,8282016Revenue 2018: $93,340Expenses 2018: $42,484Net Income 2018: $50,8562018Revenue 2019: $117,147Expenses 2019: $40,204Net Income 2019: $76,9432019Revenue 2020: $18,339Expenses 2020: $24,036Net Income 2020: -$5,6972020Revenue 2022: $17,482Expenses 2022: $31,863Net Income 2022: -$14,3812022Revenue 2024: $18,738Expenses 2024: $35,001Net Income 2024: -$16,2632024

Highlighted filing

2024

Revenue$18,738
Expenses$35,001
Net Income-$16,263

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 17, 2025
Return Version
2024v5.1
Gross Receipts
$18,738
Mission and Program Overview

Mission

To further the gospel of jesus christ by radio, books, literature and letter distribution, public preaching and private counseling, and furnishing of equipment, supplies and gifts to persons in the service of jesus christ, and to help those in need for the purpose of winning their souls and lives in the following of jesus christ.

Program Services

DescriptionGrantsExpenses
ALL EXPENSES OF THE ORGANIZATION ARE IN CONNECTION WITH ITS EXEMPT PURPOSE OF PROVIDING AN AFTER SCHOOL PROGRAM FOR CHILDREN OF SINGLE PARENTS. AN AVERAGE OF 40 CHILDREN ATTEND THE PROGRAM ON A DAILY BASIS. FREE SNACKS, CRAFT SESSIONS, BIBLE STUDY, AND SPORTS ARE SOME OF THE ACTIVITIES THE AFTER SCHOOL PROGRAM OFFERS TO ITS ATTENDEES.$0$5,666
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LINDA WILSONPresidentPT$0--
MARK BLASCHKETreasurerPT$0--
LESLIE GARZASecretaryPT$0--
JOHN SCHLABACHVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Good News Inc
EIN
23-7041932
Phone
3615434979
Address
PO BOX 528, WOODSBORO, TX 78393

Signing Officer

Name
Linda Wilson
Title
President
Phone
3615434979
Signed
2025-06-17
Discuss with paid preparer
Yes

Preparer

Firm
Jennings Hawley & Co Pc
Address
500 N SHORELINE BLVD STE 1010, CORPUS CHRISTI, TX 78401
Preparer
Misty G Mata CPA
Phone
3618848894
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 8,015. Description: other expenses. Amount: 19,882. Total to form 990-ez, line 14: 27,897.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: food & supplies. Amount: 5,596. Description: ministry supplies. Amount: 70. Description: office expense. Amount: 568. Description: bank fees. Amount: 120. Total to form 990-ez, line 16: 6,354.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 6,017. End of year amount: 3,436.

Raw XML Appendix166 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OperateHospitalInd00
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO FURTHER THE GOSPEL OF JESUS CHRIST BY RADIO, BOOKS, LITERATURE AND LETTER DISTRIBUTION, PUBLIC PREACHING AND PRIVATE COUNSELING, AND FURNISHING OF EQUIPMENT, SUPPLIES AND GIFTS TO PERSONS IN THE SERVICE OF JESUS CHRIST, AND TO HELP THOSE IN NEED FOR THE PURPOSE OF WINNING THEIR SOULS AND LIVES IN THE FOLLOWING OF JESUS CHRIST.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ALL EXPENSES OF THE ORGANIZATION ARE IN CONNECTION WITH ITS EXEMPT PURPOSE OF PROVIDING AN AFTER SCHOOL PROGRAM FOR CHILDREN OF SINGLE PARENTS. AN AVERAGE OF 40 CHILDREN ATTEND THE PROGRAM ON A DAILY BASIS. FREE SNACKS, CRAFT SESSIONS, BIBLE STUDY, AND SPORTS ARE SOME OF THE ACTIVITIES THE AFTER SCHOOL PROGRAM OFFERS TO ITS ATTENDEES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 8,015. DESCRIPTION: OTHER EXPENSES. AMOUNT: 19,882. TOTAL TO FORM 990-EZ, LINE 14: 27,897.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: FOOD & SUPPLIES. AMOUNT: 5,596. DESCRIPTION: MINISTRY SUPPLIES. AMOUNT: 70. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 568. DESCRIPTION: BANK FEES. AMOUNT: 120. TOTAL TO FORM 990-EZ, LINE 16: 6,354.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 6,017. END OF YEAR AMOUNT: 3,436.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LINDA WILSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03615434979
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GOOD NEWS INC
ReturnHeader/Filer/BusinessNameControlTxt0GOOD
ReturnHeader/Filer/EIN0237041932
ReturnHeader/Filer/PhoneNum03615434979
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742442139
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JENNINGS HAWLEY & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 N SHORELINE BLVD STE 1010
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORPUS CHRISTI
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ReturnHeader/PreparerPersonGrp/PhoneNum03618848894
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MISTY G MATA CPA
ReturnHeader/ReturnTs02025-06-17T10:00:50-05:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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