Bringing Good News Usa
- Assets
- $81.9k
- Revenue
- $187.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 04/2006
- Data as of
- 12/2021
- EIN
- 20-4454823
Organization Overview
Bringing Good News Usa is located in Birmingham, AL. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bringing Good News USA is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Bringing Good News USA generated $187.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $158.6k during the year ending 12/2021. While expenses have increased by 11.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bringing Good News USA has awarded 20 individual grants totaling $758,850. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Kendrick Vice President | 3 | $0 | |
C Frederick Judd President/treasurer | 12 | $0 | |
Richard Rowe Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $187,609 |
| Interest on Savings | $27 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $187,636 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,705 |
| Total operating and administrative expenses | $1,707 |
| Contributions, gifts, grants paid | $156,900 |
| Total expenses and disbursements | $158,607 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,940 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $81,940 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bringing Good News Usa has awarded $156,900 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BRINGING GOOD NEWS UK PURPOSE: ADVANCING THE CHRISTIAN FAITH | $143,500 |
HOPE LIGHT PURPOSE: ADVANCING THE CHRISTIAN FAITH | $12,200 |
THE AGAPE PUPPETS PURPOSE: ADVANCING THE CHISTIAN FAITH | $1,200 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bringing Good News Usa has recieved totaling $3,187.
| Awarding Organization | Amount |
|---|---|
Christenberrry-Anderson-Loomis Family Foundation Nashville, TN PURPOSE: RELIGIOUS | $3,187 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Arthur M Blank Family Foundation Atlanta, GA | $365,187,486 | $84,889,977 |
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |
The Frederick A Deluca Foundation Inc Pompano Beach, FL | $724,648,898 | $109,039,821 |
Ted Arison Family Found Aventura, FL | $489,424,665 | $63,628,275 |
Arison Arts Foundation Coral Gables, FL | $423,071,215 | $88,937,143 |
Poses Family Foundation Miami Beach, FL | $501,022,398 | $55,408,716 |
Jim Moran Foundation Inc Deerfield Beach, FL | $191,270,194 | $47,763,594 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Kovner Foundation Jupiter, FL | $0 | $19,441,586 |
Naples Children And Education Naples, FL | $64,560,487 | $12,642,425 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |