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GOOD NEWS FOUNDATION INC

BEAUMONT, Texas, 77703

EIN: 76-0621984

Philanthropy, Voluntarism and Grantmaking Foundations

DEMOGRAPHIC

ADDRESS
2920 EASTEX FWY
77703
COUNTY
jefferson county, TX
IN CARE OF NAME
DAVID H AYRES

ORGANIZATIONAL OVERVIEW & RANKINGS

GOOD NEWS FOUNDATION INC is a based in BEAUMONT, TX, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Independent Foundations. Established in May 2000, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $53,926.00, this ranks 566,831 among 2,656,690 nonprofits nationally (Top 22%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 37,302 out of 202,022 organizations in TX (Top 19%).

In jefferson county, TX, the organization ranks 311 out of 1,831 nonprofits by assets (Top 17%), while locally in beaumont, it stands at 225 among 1,118 organizations (Top 19%).

The organization reported no revenue in the most recent filing period, placing it at 1,841,873 nationally and 136,159 in TX.

Within its specific NTEE classification (T22 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 25,677 similar organizations, GOOD NEWS FOUNDATION INC ranks 17,981 in assets (Top 70%) and 12,378 in revenue (Top 49%).

The organization files a 990 - Not required to file(all other) and operates on a August fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T22: Private Independent Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
09/2023
ACCOUNTING PERIOD
09
INCOME CODE
2: $10,000 to $24,999
INCOME AMOUNT
$24,000.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
05/2000
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$53,926.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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