Good News Corporation in Brooklyn, New York (NY)
Table of contents:
| Good News Corporation | |
| Employer Identification Number (EIN) | 582664431 |
| Name of Organization | Good News Corporation |
| In Care of Name | Paul Sladkus |
| Address | 33 Flatbush Ave 4th Fl, Brooklyn, NY 11217 |
| Website | http://goodnewsplanet.org |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 07/2002 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2007 |
| Assets | $1 to $9,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $1 |
| Amount of Income | $14,702 |
| Form 990 Revenue Amount | $14,702 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Media, Communications Organizations |
Non-representatives - add comments:
Amount of income in 2007: $14,702 (it was $14,702 in 2013)
| Good News Corporation: | $14,702 |
| Other organizations performing similar types of work: | $100,655 |
Assets in 2007: $1 (it was $1 in 2013)
| This organization: | $1 |
| Other organizations performing similar types of work: | $42,929 |
Expenses in 2013: $15,149
| This organization: | $15,149 |
| Other organizations performing similar types of work: | $105,350 |
Income to expenses ratio in 2013: 1.0
| This organization: | 1.0 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 0.0%
| Good News Corporation: | 0.0% |
| Other organizations performing similar types of work: | 48.8% |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $0 | $14,702 |
| Contributions, gifts, grants, and similar amounts received | $0 | $0 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $14,702 |
| Gross income from gaming | $0 | $0 |
| Gross income from fundraising events | $0 | $14,702 |
| Less: direct expenses from gaming and fundraising events | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $0 | $0 |
| Total expenses | $0 | $15,149 |
| Total net assets | $447 | $0 |
| Excess/Deficit for the year | $0 | $-447 |
| Net assets or fund balances at beginning of year | $982 | $447 |
| Other changes in net assets or fund balances | $-535 | $0 |
| Net assets or fund balances at end of year | $447 | $0 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $447 | $1 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $447 | $0 |
| Other Information | ||
| 2012 | 2013 | |
|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No |
| Were any significant changes made to the organizing or governing documents? | No | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No |
| Has the organization filed a Form 990-T for the year? | No | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | No |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No |
| Total amount involved | $0 | $0 |
| Initiation fees and capital contributions | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $14,702 |
| Subtotal | $14,702 |
| Gifts, grants, contributions, and membership fees received | $14,702 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $14,702 |
| Public support | $14,702 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Public Media Nj Inc | 825 8th Ave Fl 14, New York, NY 10019-7416 | NY | 2011-11 | $9,500,594 |
| 2 | Yes Lab Inc | 20 Cooper Sq Fl 5, New York, NY 10003-7112 | NY | 2014-02 | $431,321 |
| 3 | Art Radio International Inc | 108 Leonard St 13th Flr, New York, NY 10013-4050 | NY | 2009-06 | $312,111 |
| 4 | Uniondocs Inc | 322 Union Ave, Brooklyn, NY 11211-6941 | NY | 2006-12 | $292,979 |
| 5 | Investigative Post Inc | 392 Pearl St Ste 101, Buffalo, NY 14202-2210 | NY | 2014-04 | $193,929 |
| 6 | Plaza Mac Inc | PO BOX 993, Patchogue, NY 11772-0993 | NY | 2011-10 | $184,716 |
| 7 | Dg Multimedia Inc, Blank On Blank | 88 Wyckoff Street Apt 3h, Brooklyn, NY 11201 | NY | 2010-07 | $132,573 |
| 8 | Playbacknyc Inc | 25 Central Park West, New York, NY 10023 | NY | 2007-08 | $45,922 |
| 9 | La Lutta New Media Collective Inc | 260 Dekalb Ave Apt 1, Brooklyn, NY 11205-3651 | NY | 2014-02 | $42,033 |
| 10 | Reset Dialogues Us | 147 Skunks Misery Rd, Locust Valley, NY 11560-1307 | NY | 2010-05 | $25,000 |
| 11 | The New York State Literary Center Inc | 155 S Main St, Fairport, NY 14450-2517 | NY | 2006-04 | $18,510 |
| 12 | Good News Corporation | 33 Flatbush Ave 4th Fl, Brooklyn, NY 11217 | NY | 2002-07 | $14,702 |
| 13 | Sculpture Publication Project Inc | 300 Central Park W Apt 19d, New York, NY 10024-1595 | NY | 2014-03 | $9,886 |
| 14 | African Story Network Incorporated | 88 Perry Avenue, Staten Island, NY 10314 | NY | 2014-05 | $0 |
| 15 | Brantingham-Greig Reading And Technology Center | 5186 Greig Road, Greig, NY 13345 | NY | 2011-11 | $0 |
| 16 | Caterino Media Corporation | 240 Woodcrest Rd, Rochester, NY 14616-3524 | NY | 2010-05 | $0 |
| 17 | Center For Active Learning | 298 Milford St, Brooklyn, NY 11208-3704 | NY | 2014-08 | $0 |
| 18 | Communication Group For Improvement Of Society, Comgris | 15 W 107th St Apt B1, New York, NY 10025-3310 | NY | 2000-08 | $0 |
| 19 | Critical Read Inc | 108 Village Sq Ste 325, Somers, NY 10589-2305 | NY | 2015-01 | $0 |
| 20 | Dharma Communications Inc | PO BOX 156, Mt Tremper, NY 12457-0156 | NY | 1994-10 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 610 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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