Civic Intelligence

Good News Friends Inc

EIN 88-0918870 • 501(c)3 • Tulsa, OK

Profile

Support for an orphanage in kenyaalso sponsoring educational opportunities for children aging out

38 E 44th StTulsa, OK 74105

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

55th percentile

4.0%

Higher net margin than 55% 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

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$5,752

Up $5,752 from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$5,752

Up $5,752 from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin55th percentile

Revenue

Up

$77,585

Up $10,290 (+15%) from 2023

Expenses

Up

$74,495

Up $7,200 (+11%) from 2023

Net Income

Up

$3,090

Up $3,090 from 2023

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$6.0K$4.0K$2.0K$0Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $5,752Liabilities 2024: $0Net Assets 2024: $5,7522024

Highlighted filing

2024

Assets$5,752
Liabilities$0
Net Assets$5,752
Open 2024 Filing

Operations Trend

Revenue Growth68th percentile

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

$100K$50K$0Revenue 2022: $93,977Expenses 2022: $93,977Net Income 2022: $02022Revenue 2023: $67,295Expenses 2023: $67,295Net Income 2023: $02023Revenue 2024: $77,585Expenses 2024: $74,495Net Income 2024: $3,0902024

Highlighted filing

2024

Revenue$77,585
Expenses$74,495
Net Income$3,090
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$5,752
Liabilities
$0
Net assets
$5,752
Revenue
$77,585
Expenses
$74,495
Net income
$3,090
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.75$0.00$5.75$77.6$74.5$3.09
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$67.3$67.3$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$94.0$94.0$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 17, 2025
Return Version
2024v5.2
Gross Receipts
$77,585
Mission and Program Overview

Mission

Support for an orphanage in kenyaalso sponsoring educational opportunities for children aging out

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,662$5,752▲ $3,090
Rtn Earn Endowment Incm Other Fnds$2,662$5,752▲ $3,090
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,662$5,752▲ $3,090
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,662$5,752▲ $3,090
Total Liabilities and Net Assets / Fund Balance$2,662$5,752▲ $3,090
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
James M OdomPresident
Barbara E OdomVice President
Shannon R PayneSec/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$77,585
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$77,585
Change in Net Assets
$3,090
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$74,175
Other Expenses$320
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$74,175--$74,175
Office Expenses$319$1-$320
Total Functional Expenses$74,494$1$0$74,495
International Activity

International Summary

Offices
0
Employees
0
Spending
$0

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Part vi line 2 james odom, barbara odom & shannon payne are family part vi line 2 all other members are independent”

Form 990, Part VI, Section B, Line 11B

“Part vi line 12c at annual board meetings and through regular personal meetings”

Form 990, Part VI, Section C, Line 18

“UPON REQUEST”

Form 990, Part VI, Section C, Line 19

“SEE SCHEDULE O”

Filing and Contact Details

Filer

Filer Name
Good News Friends Inc
EIN
88-0918870
Phone
9188574380
Address
38 E 44TH ST, TULSA, OK 74105

Signing Officer

Name
James M Odom
Title
President
Phone
9188574380
Signed
2025-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James M Odom
Formed
2022
Legal Domicile
Ok
Voting Board Members
8
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Mark S Davidson CPA
Address
1154 E 61ST STREET, TULSA, OK 74136
Preparer
Mark S Davidson
Phone
9187451040
Raw XML Appendix307 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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IRS990/PartialLiquidationInd00
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IRS990ScheduleA/First5Years509Ind0X
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09188574380
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-17
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ReturnHeader/Filer/BusinessNameControlTxt0GOOD
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ReturnHeader/Filer/PhoneNum09188574380
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ReturnHeader/PreparerPersonGrp/PhoneNum09187451040
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-09-09T20:35:53-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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