Civic Intelligence

Good News Worldwide

EIN 92-1004584 • 501(c)3 • Augusta, MO

Pub. 78 Eligible

Profile

Good news worldwide is an organization dedicated to spreading the good news of jesus christ through the publication of a journal titled good news.

123 Church StreetAugusta, MO 63332

www.good-news.net

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.00x

Higher debt load relative to assets than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

23rd percentile

0.00x

Higher debt load relative to revenue than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

95th percentile

75%

Higher net margin than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

89th percentile

43%

Faster asset growth than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

305%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Up

$1,689,227

Up $510,181 (+43%) from 2023

Liabilities

Up

$1,607

Up $817 (+103%) from 2023

Net Assets

Up

$1,687,620

Up $509,364 (+43%) from 2023

Operations
Liabilities / Revenue23rd percentileNet Margin95th percentile

Revenue

Up

$681,526

Up $513,167 (+305%) from 2023

Expenses

Down

$172,162

Down $41,945 (-20%) from 2023

Net Income

Up

$509,364

Up $555,112 (+1213%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth89th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2022: $80,000Liabilities 2022: $0Net Assets 2022: $80,0002022Assets 2023: $1,179,046Liabilities 2023: $790Net Assets 2023: $1,178,2562023Assets 2024: $1,689,227Liabilities 2024: $1,607Net Assets 2024: $1,687,6202024

Highlighted filing

2024

Assets$1,689,227
Liabilities$1,607
Net Assets$1,687,620
Open 2024 Filing

Operations Trend

Revenue Growth97th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2022: $80,000Expenses 2022: $0Net Income 2022: $80,0002022Revenue 2023: $168,359Expenses 2023: $214,107Net Income 2023: -$45,7482023Revenue 2024: $681,526Expenses 2024: $172,162Net Income 2024: $509,3642024

Highlighted filing

2024

Revenue$681,526
Expenses$172,162
Net Income$509,364
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,689,227
Liabilities
$1,607
Net assets
$1,687,620
Revenue
$681,526
Expenses
$172,162
Net income
$509,364
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.69$0.00$1.69$0.68$0.17$0.51
2023Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.17$0.21$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.08$0.00$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 31, 2025
Return Version
2024v5.2
Gross Receipts
$681,526
Mission and Program Overview

Mission

Good news worldwide is an organization dedicated to spreading the good news of jesus christ through the publication of a journal titled good news.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$1,144,004$1,144,004→ $0
Investments Other Securities-$902,457-
Cash and Non-Interest-Bearing Accounts$1,179,046$685,932▼ $493,114
Rtn Earn Endowment Incm Other Fnds$34,252$543,616▲ $509,364
Savings and Temporary Cash Investments-$98,951-
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,179,046$1,689,227▲ $510,181
Other Assets Total$0$1,887▲ $1,887
Liabilities
Other Liabilities$790$1,607▲ $817
Total Liabilities$790$1,607▲ $817
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,178,256$1,687,620▲ $509,364
Total Liabilities and Net Assets / Fund Balance$1,179,046$1,689,227▲ $510,181

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$300,000--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Kathy SchulzManaging EditorFT$54,000$54,000

Board Members and Trustees

NameTitle
Wallace SchulzChairman/president
Randall BellSecretary
Lois SchubertTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$635,040
Program Service Revenue
$21,739
Investment Income
$24,747
Other Revenue
$0
All Other Contributions
$635,040
Change in Net Assets
$509,364
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$109,873
Salaries, Compensation, and Employee Benefits$62,289
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$32,400$21,600-$54,000
Fees for Services Other$24,430$4,127-$28,557
Occupancy$11,141$7,427-$18,568
Fees for Services Accounting-$8,041-$8,041
Information Technology$1,718$4,891-$6,609
Insurance$2,668$3,268-$5,936
Payroll Taxes$2,656$1,652-$4,308
Other Expenses$3,537$424-$3,537
All Other Expenses$1,873$479-$2,352
Other Salaries and Wages$2,271--$2,271
Travel$1,894$299-$2,193
Pension Plan Contributions$1,026$684-$1,710
Fees for Service Investment Mgmnt Fees-$1,168-$1,168
Office Expenses$718$221-$939
Conferences and Meetings$277$94-$371
Advertising$81--$81
Total Functional Expenses$115,324$56,838$0$172,162
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$1,607
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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

“Kathy schulz, managing editor is the spouse of chairman wallace schulz”

Form 990, Part VI, Section A, Line 2

“The organization pays monthly rent to the chairman wallace schulz for use of his office space located in the home.”

Form 990, Part VI, Section A, Line 4

“New bylaws implemented on may 15, 2024”

Form 990, Part VI, Section A, Line 8B

“The organization would have documented the meetings by the govering body. The organization does not have committees.”

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

“Form 990 is reviewed in its entirety by the chairman before it is filed with the internal revenue services.”

Form 990, Part VI, Section B, Line 12C

“DOCUMENT SIGNED YEARLY”

Form 990, Part VI, Section C, Line 19

“BY REQUEST”

Filing and Contact Details

Filer

Filer Name
Good News Worldwide
EIN
92-1004584
Phone
8007781132
Address
123 CHURCH STREET, AUGUSTA, MO 63332

Signing Officer

Name
Wallace Schulz
Title
Chairman
Phone
8007781132
Signed
2025-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wallace Schulz
Formed
2022
Legal Domicile
Mo
Voting Board Members
3
Independent Board Members
3
Employees
2
Volunteers
1

Preparer

Firm
Uhy Advisors Midwest Inc
Address
TWO WESTBURY DRIVE, ST CHARLES, MO 63301
Preparer
Tina Johnson
Phone
6369462800
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Payroll fees: program service expenses 2,688. Management and general expenses 1,628. Fundraising expenses 0. Total expenses 4,316. Desktop publishing: program service expenses 21,518. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,518. Registration fees: program service expenses 36. Management and general expenses 6. Fundraising expenses 0. Total expenses 42. 401k service fees: program service expenses 0. Management and general expenses 2,493. Fundraising expenses 0. Total expenses 2,493. Computer outsourcing: program service expenses 188. Management and general expenses 0. Fundraising expenses 0. Total expenses 188.”

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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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IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0902457
IRS990ScheduleD/TotalLiabilityAmt01607
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KATHY SCHULZ, MANAGING EDITOR IS THE SPOUSE OF CHAIRMAN WALLACE SCHULZ
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION PAYS MONTHLY RENT TO THE CHAIRMAN WALLACE SCHULZ FOR USE OF HIS OFFICE SPACE LOCATED IN THE HOME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NEW BYLAWS IMPLEMENTED ON MAY 15, 2024
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION WOULD HAVE DOCUMENTED THE MEETINGS BY THE GOVERING BODY. THE ORGANIZATION DOES NOT HAVE COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS REVIEWED IN ITS ENTIRETY BY THE CHAIRMAN BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENT SIGNED YEARLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BY REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PAYROLL FEES: PROGRAM SERVICE EXPENSES 2,688. MANAGEMENT AND GENERAL EXPENSES 1,628. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,316. DESKTOP PUBLISHING: PROGRAM SERVICE EXPENSES 21,518. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,518. REGISTRATION FEES: PROGRAM SERVICE EXPENSES 36. MANAGEMENT AND GENERAL EXPENSES 6. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42. 401K SERVICE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,493. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,493. COMPUTER OUTSOURCING: PROGRAM SERVICE EXPENSES 188. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 188.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01179046
IRS990/TotalAssetsEOYAmt01689227
IRS990/TotalAssetsGrp/BOYAmt01179046
IRS990/TotalAssetsGrp/EOYAmt01689227
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0635040
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt056838
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0115324
IRS990/TotalFunctionalExpensesGrp/TotalAmt0172162
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0790
IRS990/TotalLiabilitiesEOYAmt01607
IRS990/TotalLiabilitiesGrp/BOYAmt0790
IRS990/TotalLiabilitiesGrp/EOYAmt01607
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01178256
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01687620
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0115324
IRS990/TotalProgramServiceRevenueAmt021739
IRS990/TotalReportableCompFromOrgAmt054000
IRS990/TotalRevenueGrp/ExclusionAmt024747
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt021739
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0681526
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01179046
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01689227
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0299
IRS990/TravelGrp/ProgramServicesAmt01894
IRS990/TravelGrp/TotalAmt02193
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0123 CHURCH ROAD
IRS990/USAddress/CityNm0AUGUSTA
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd063362
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.GOOD-NEWS.NET
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WALLACE SCHULZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08007781132
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GOOD NEWS WORLDWIDE
ReturnHeader/Filer/BusinessNameControlTxt0GOOD
ReturnHeader/Filer/EIN0921004584
ReturnHeader/Filer/PhoneNum08007781132
ReturnHeader/Filer/USAddress/AddressLine1Txt0123 CHURCH STREET
ReturnHeader/Filer/USAddress/CityNm0AUGUSTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd063332
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431305800
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0UHY ADVISORS MIDWEST INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0TWO WESTBURY DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST CHARLES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd063301
ReturnHeader/PreparerPersonGrp/PhoneNum06369462800
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TINA JOHNSON
ReturnHeader/ReturnTs02025-11-03T15:13:08-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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