Good News International Inc in Irving, Texas (TX)
Table of contents:
| Good News International Inc | |
| Employer Identification Number (EIN) | 752342637 |
| Name of Organization | Good News International Inc |
| Address | 2420 W Irving Blvd Ste 125, Irving, TX 75061-4273 |
| Activities | Evangelism |
| Subsection | Religious Organization |
| Ruling Date | 01/1991 |
| 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 | 12/2014 |
| 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 | $2,257 |
| Amount of Income | $14,950 |
| Form 990 Revenue Amount | $14,950 |
| National Taxonomy of Exempt Entities (NTEE) | Religion-Related, Spiritual Development: Protestant |
Non-representatives - add comments:
Amount of income in 2014: $14,950 (it was $14,000 in 2013)
| This organization: | $14,950 |
| Other organizations performing similar types of work: | $113,958 |
Assets in 2014: $2,257 (it was $2,912 in 2013)
| Good News International Inc: | $2,257 |
| Other organizations performing similar types of work: | $48,475 |
Expenses in 2013: $17,225
| This organization: | $17,225 |
| Other organizations performing similar types of work: | $101,884 |
Income to expenses ratio in 2013: 0.9
| This organization: | 0.9 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 0.0%
| This organization: | 0.0% |
| Other organizations performing similar types of work: | 98.8% |
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $19,478 | $16,860 | $14,000 |
| Contributions, gifts, grants, and similar amounts received | $5,468 | $16,360 | $0 |
| 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 | $2,000 | $500 | $14,000 |
| Gross income from gaming | $2,000 | $500 | $14,000 |
| Gross income from fundraising events | $0 | $0 | $0 |
| Less: direct expenses from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $12,010 | $0 | $0 |
| Total expenses | $12,964 | $11,430 | $17,225 |
| Total net assets | $0 | $6,137 | $2,912 |
| Excess/Deficit for the year | $6,514 | $5,430 | $-3,225 |
| Net assets or fund balances at beginning of year | $-6,514 | $707 | $6,137 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $6,137 | $2,912 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $1 | $6,137 | $2,912 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $0 | $6,137 | $2,912 |
| 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 | Yes |
| Has the organization filed a Form 990-T for the year? | No | Yes | |
| 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 | $50,378 |
| Subtotal | $50,378 |
| Gifts, grants, contributions, and membership fees received | $48,378 |
| 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 | $2,000 |
| 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 | $50,378 |
| Public support | $50,378 |
| 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 |
| Unrelated Trade or Business Income (for 2008) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $65,734 | $0 | $65,734 |
| Gross receipts or sales less returns and allowances | $263,456 | $0 | $0 |
| Cost of goods sold | $197,722 | $0 | $0 |
| Gross profit | $65,734 | $0 | $65,734 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $0 | $0 | $0 |
| Rent income | $0 | $0 | $0 |
| Unrelated debt-financed income | $0 | $0 | $0 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $0 | $0 | $0 |
| Other income | $0 | $0 | $0 |
| Deductions Not Taken Elsewhere (for 2008) | |
| Total deductions | $59,438 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $0 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $0 |
| Taxes and licenses | $0 |
| Charitable contributions | $700 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $58,738 |
| Unrelated business taxable income | $5,296 |
| Unrelated business taxable income before net operating loss deduction | $6,296 |
| Net operating loss deduction | $0 |
| Unrelated business taxable income before specific deduction | $6,296 |
| Specific deduction | $1,000 |
| Write your review! |
|
|
| Recently Added Reviews |
Pathways Core Training Inc in Irving, TX
  |
| Irving Silvertone Chorus in Irving, TX |
| Debes Creer En Ti, Jobs For Progress in Irving, TX |
Michaels Cares in Irving, TX
 |
|
Bear Creek Community Baptist Church in Irving, TX
|
|
Keld Foundation in Irving, TX
|
|
Greg Mead Ministries Aka Total Surrender in Irving, TX
|
|
Abundant Grace Praise & Worship Church in Houston, TX
|
|
Aglow International, 2010896 San Angelo Tx Community Lighthouse Aglow Intl San Angelo Tx in San Angelo, TX
|
| Bob And Dani Muckleroy Foundation in Ovilla, TX |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Universal Living Rosary Association Of St Philomena | PO BOX 1303, Dickinson, TX 77539-1303 | TX | 1991-04 | $803,242 |
| 2 | Sharing Is Caring | PO BOX 303, Canadian, TX 79014-0303 | TX | 1991-05 | $191,355 |
| 3 | Apostolic Faith Ministries Inc | 5530 Viking Drive, Beaumont, TX 77706 | TX | 1992-02 | $11,534 |
| 4 | Rogelio D Castro Ministries | 613 S 17th St, Mcallen, TX 78501-5214 | TX | 1991-06 | $2,410 |
| 5 | Agape Ministries City Church | 1618 E Murphy St, Odessa, TX 79761-5757 | TX | 1991-04 | $0 |
| 6 | Bangladesh Muslim Foundation | 4604 Luxor Dr, Irving, TX 75062 | TX | 1993-12 | $0 |
| 7 | Breath Of Life Outreach Ministries Inc | 9202 Levering Ln, Houston, TX 77028-1004 | TX | 1998-03 | $0 |
| 8 | Bruce Hofmann Ministries, Dba Under His Wings Ministries | 3327 Butler Pass, San Antonio, TX 78223 | TX | 1993-05 | $0 |
| 9 | Chrisalis Rehabilitation Ministries Inc | 1650 Eagle Dr, Fort Worth, TX 76111-4931 | TX | 1994-02 | $0 |
| 10 | First Christian Church Of Midland Texas Endowment Foundation, Fcc Endowment Foundation | 1301 W Louisiana Ave, Midland, TX 79701-6045 | TX | 1991-06 | $0 |
| 11 | Fountain Of Living Waters | PO BOX 305, Cypress, TX 77410 | TX | 1990-11 | $0 |
| 12 | Intercessors Of Greater Houston | PO BOX 802452, Houston, TX 77280-2452 | TX | 1991-12 | $0 |
| 13 | Interfaith Network For Christ | 113 S Ward, Italy, TX 76651 | TX | 1998-03 | $0 |
| 14 | Larry Blackmon Ministries | Po Box122, Hearne, TX 77859 | TX | 1993-08 | $0 |
| 15 | New Life Ministries Of America Inc | 4106 Brook Shadow Drive, Kingwood, TX 77345 | TX | 1994-03 | $0 |
| 16 | Prevailing Word Church | PO BOX 833, Lytle, TX 78052-0833 | TX | 1998-07 | $0 |
| 17 | Reflections Of Praise Inc | 121 Burning Trl, Cibolo, TX 78108 | TX | 1993-01 | $0 |
| 18 | Restoration Life Ministries | 2224 Fm 949, Alleyton, TX 78935-2033 | TX | 1992-04 | $0 |
| 19 | St Paul African Methodist Episcopal Church Houston | 1554 Gears Rd, Houston, TX 77067-4104 | TX | 1998-06 | $0 |
| 20 | Timberlake Community Church | PO BOX 92683, Southlake, TX 76092-0683 | TX | 1993-01 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||
| Total | 63 | ||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Good News International Inc »
Non-representatives - add comments about Good News International Inc»