Overview
What is Good News Ministries Inc?
Good News Ministries Inc is a nonprofit organization that specializes in religious broadcasting and disseminates nondenominational religious and educational content. Acting as a religious media and communication entity, they utilize their mission to deliver enlightening programming to their audience. The organization's primary focus is on religious broadcasting, aiming to educate and inspire through their offerings.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
Good News Ministries Inc has received a low rating of 53%, classified as a One-Star charity, primarily due to significant concerns in accountability and finance. The score reflects a lack of independent board members, which indicates potential governance issues, as there are no independent members out of ten on the board. While the organization does not have any material diversion of assets, it lacks essential policies such as conflict of interest, whistleblower, and document retention, all of which are crucial for transparency and accountability.
Despite these governance shortcomings, Good News Ministries excels in its financial ratios, with a program expense ratio of 95.18%, indicating that a large portion of its expenditures goes directly towards its programs. Furthermore, the organization has a favorable liabilities to assets ratio of 0.00%, suggesting sound financial health in terms of managing its obligations. However, the absence of a website listing vital documents, such as the tax form and meeting minutes, raises further concerns about its transparency.
Overall, while Good News Ministries demonstrates a commitment to its programmatic mission through effective financial management, the lack of independent oversight and missing policies pose significant red flags for potential donors and stakeholders. It is important for the organization to address these gaps to improve its credibility and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Good News Ministries Inc legitimate?
Good News Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good News Ministries 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Good News Ministries Inc?
Good News Ministries Inc is committed to religious broadcasting, offering nondenominational religious and educational programming. Serving as a religious media and communications organization, their mission is to disseminate faith-based content in an impartial manner. The organization strives to provide a platform for spiritual enlightenment and education, reaching a diverse audience through their religious broadcasts.
What is the revenue of Good News Ministries Inc?
Good News Ministries Inc's revenue in 2023 was $869.
Who are the executives of Good News Ministries Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Good News Ministries Inc?
Good News Ministries Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Good News Ministries Inc
Good News Ministries, as a religious organization, is dedicated to the realm of religious broadcasting. They offer nondenominational religious and educational programming, functioning as a religious media and communications entity. The mission of Good News Ministries is to share and disseminate spiritual messages and knowledge through various forms of broadcasting, maintaining a neutral stance with regard to religious affiliations.
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Impact
October, 2024
Good News Ministries Inc plays a significant role in enhancing spiritual and educational engagement through its religious broadcasting efforts. By providing nondenominational religious and educational programming, the organization reaches diverse audiences, offering resources that foster community connection and personal growth. Its work in media and communications creates a platform for sharing inspirational messages, teachings, and values that resonate with individuals seeking guidance and support in their spiritual journeys. Based in St. Joseph, MO, Good News Ministries is dedicated to promoting faith and understanding through accessible and impactful content.
This information is meant to be a general summary of Good News Ministries 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 2023.
- Gross Receipts: $869
Assets and Liabilities:
- Total Assets: $484,708
- Total Liabilities: $0
- Net Assets: $484,708
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Organization Details
Founding Year
1979
Principal Officer
Greg Glauser
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