Good News Inc in Woodsboro, Texas (TX)
Table of contents:
| Good News Inc | |
| Employer Identification Number (EIN) | 237041932 |
| Name of Organization | Good News Inc |
| In Care of Name | DARYLE WILSON |
| Address | PO BOX 528, Woodsboro, TX 78393-0528 |
| Activities | Gifts, grants, or loans to other organizations, Gifts or grants to individuals (other than scholarships), Other religious activities |
| Subsection | Charitable Organization, Religious Organization |
| Ruling Date | 03/1970 |
| 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 | $25,000 to $99,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $70,386 |
| Amount of Income | $19,736 |
| Form 990 Revenue Amount | $19,736 |
Non-representatives - add comments:
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $26,188 | $25,903 | $19,736 |
| Contributions, gifts, grants, and similar amounts received | $26,188 | $25,903 | $19,736 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $20,629 | $18,936 | $26,810 |
| Total net assets | $70,493 | $77,460 | $70,386 |
| Excess/Deficit for the year | $5,559 | $6,967 | $-7,074 |
| Net assets or fund balances at beginning of year | $64,934 | $70,493 | $77,460 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $77,460 | $70,386 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $70,493 | $77,460 | $70,386 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $70,493 | $77,460 | $70,386 |
| Other Information | |||
| 2011 | 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 | 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 | $0 |
| Gross receipts for public use of club facilities | $0 | $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 | $153,804 |
| Subtotal | $153,804 |
| Gifts, grants, contributions, and membership fees received | $153,804 |
| 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 | $153,804 |
| Public support | $153,804 |
| 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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| Other organizations in Texas | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Good Earth Foundation | 2603 Augusta Dr Ste 1400, Houston, TX 77057-5448 | TX | 1994-10 | $135,356 |
| 2 | Good Foundation Of Texas | 5420 Lyndon B Johnson Fwy Ste 545, Dallas, TX 75240-1069 | TX | 2003-01 | $6,176 |
| 3 | Good N E W S Living At Home-Block Nurse Program | 133 E Main Ste B, Azle, TX 76020-3410 | TX | 1997-10 | $46,231 |
| 4 | Good Neighbor Healthcare Centerfoundation | 190 Heights Blvd, Houston, TX 77007-3729 | TX | 2007-10 | $14,640 |
| 5 | Good Neighbor Settlement House Inc | 1254 E Tyler St, Brownsville, TX 78520-7038 | TX | 1974-10 | $142,906 |
| 6 | Good News Expeditions Incorporated | 2925 Gulf Fwy S Ste B Pmb 344, League City, TX 77573-6769 | TX | 2005-10 | $3,380 |
| 7 | Good News For The Crescent World | 1148 W Pioneer Pkwy Ste C, Arlington, TX 76013-6385 | TX | 1988-07 | $117,488 |
| 8 | Good News For The Nations | 4345 Peregrine Way, Carrollton, TX 75010-4684 | TX | 1996-10 | $215,740 |
| 9 | Good News Foundation Inc | 2920 Eastex Fwy, Beaumont, TX 77703-4619 | TX | 2000-05 | $1 |
| 10 | Good News Friends Inc | 2541 74th Street, Lubbock, TX 79423 | TX | 1994-10 | $61,770 |
| 11 | Good News Inc | PO BOX 528, Woodsboro, TX 78393-0528 | TX | 1970-03 | $19,736 |
| 12 | Good News Ministries | PO BOX 3315, Midland, TX 79702-3315 | TX | 1996-07 | $135,462 |
| 13 | Good Pasture Memorial Cancer Fund | 1317 Tahoka Rd Ste B, Brownfield, TX 79316-4049 | TX | 1973-04 | $94 |
| 14 | Good Samaritan | 7727 Dawnridge Dr, Houston, TX 77071-2631 | TX | 1996-10 | $1 |
| 15 | Good Samaritan Center Of San Antonio | 1600 Saltillo St, San Antonio, TX 78207-6842 | TX | 1951-07 | $2,924,562 |
| 16 | Good Samaritan Christian Services Inc | 309 N Ward St, Pampa, TX 79065-6258 | TX | 1983-07 | $137,952 |
| 17 | Good Samaritan Foundation Of Texas Inc | 3355 W Alabama St Ste 1025, Houston, TX 77098-1867 | TX | 1952-06 | $1,708,110 |
| 18 | Good Samaritan Rescue Mission | PO BOX 65, Corp Christi, TX 78403-0065 | TX | 1968-08 | $1,334,577 |
| 19 | Good Samaritans Of Garland Inc | 214 N 12th St, Garland, TX 75040-2104 | TX | 1984-09 | $358,918 |
| 20 | Good Shepherd Columbus Club | 509 Schertz Pkwy, Schertz, TX 78154-1927 | TX | 1978-02 | $92,243 |
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