Overview
What is Good News Mission Inc?
Good News Mission Inc, situated in Indianapolis, Indiana, is a dedicated nonprofit organization. It serves as a shelter for homeless individuals and offers various programs for the local community's youth. The center provides a daily activity program, ensuring a fun and safe environment for the youth. Moreover, it offers a supervised recreation area where individuals can engage in various activities. Additionally, Good News Mission Inc houses a medical clinic, catering to the healthcare needs of the homeless population. Despite the challenges posed by the pandemic, the shelter continued its operations, demonstrating its commitment to serving the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating 87% - Three-Star out of Four Star Rating
Good News Mission Inc has achieved a commendable Three-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial management. The organization scored 87% in its Accountability & Finance metrics, which emphasizes its responsible stewardship of donor funds and transparent operations. The complete score derived from a single beacon focuses solely on these important aspects, showcasing the nonprofit's dedication to maintaining high standards in governance.
The charity demonstrates notable strengths, including a fully independent board with 10 out of 10 members, which is crucial for unbiased decision-making. Additionally, the organization has no recorded material diversion of assets, ensuring that resources are used effectively for its mission. With an impressive program expense ratio of 84.24%, Good News Mission Inc allocates a significant portion of its funds directly to programs, maximizing the impact of its services.
While the data does not indicate any critical limitations, the organization may benefit from expanding its evaluation metrics beyond finance and accountability to provide a more holistic view of its overall impact. Nonetheless, Good News Mission Inc stands out as a reliable and responsible charity, committed to transparency and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Good News Mission Inc legitimate?
Good News Mission Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good News Mission Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $87,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $788,775
For more financial information, click here
What is the mission statement of Good News Mission Inc?
Good News Mission Inc serves a vital role by operating as a shelter and youth center. Its primary mission is to offer daily activities for the local community's youth, ensuring a secure and supervised recreational space. Additionally, the organization provides essential medical clinic services for the homeless population. Despite the challenges posed by the pandemic, Good News Mission Inc kept its operations running, demonstrating its unwavering commitment to serving those in need.
Who is the CEO of Good News Mission Inc?
Daniel Evans is the Executive Direc of Good News Mission Inc.
What is the revenue of Good News Mission Inc?
Good News Mission Inc's revenue in 2022 was $3,659,203.
Who are the executives of Good News Mission Inc and what are their salaries?
The average compensation at Good News Mission Inc during 2022 was $22,470. There are 39 employees at Good News Mission Inc.
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- Compensation: $87,550
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Where can I find the form 990 for Good News Mission Inc?
Good News Mission Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Good News Mission Inc
Good News Mission, a nonprofit organization, is dedicated to serving the homeless population and community youth in Indianapolis. Its mission encompasses providing a daily activity program for young individuals, establishing a secure and supervised recreational area for their engagement, and offering medical clinic services to the homeless population. During challenging times, such as the pandemic, Good News Mission continued to uphold its commitment to the community by remaining open and delivering essential services.
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Impact
October, 2024
Good News Mission Inc significantly impacts the Indianapolis community by offering essential services for homeless individuals and youth. The shelter provides a safe haven for those in need, ensuring they have a place to stay and access to vital resources. With a daily activity program for community youth, it fosters a safe and supervised environment for recreation, helping to engage and empower the younger generation.
Additionally, the mission incorporates medical clinic services, addressing not only the immediate shelter needs but also the health and wellness of the homeless population. During challenging times, such as the pandemic, Good News Mission maintained its operations, highlighting its commitment to supporting the vulnerable. By providing these comprehensive services, Good News Mission Inc plays a crucial role in enhancing the quality of life for those facing homelessness while positively influencing the broader community.
This information is meant to be a general summary of Good News Mission Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10,262
- Program Service Revenue: $530,420
- Gross Receipts: $3,677,293
Assets and Liabilities:
- Total Assets: $5,363,082
- Total Liabilities: $99,638
- Net Assets: $5,263,444
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SMALL PARTS ASSEMBLY
Revenue
$222,823
THRIFT STORE
Revenue
$162,384
SHELTER RENT
Revenue
$145,213
Organization Details
Founding Year
1950
Phone
(317) 638-2862Principal Officer
Daniel Evans
Main Address
PO BOX 1871, INDIANAPOLIS, IN, 462061871
NTEE Category
Code: L410 - Housing
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