Good News For India - Texas
- Assets
- $8.0m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Laverne, CA
- Founding
- 06/1993
- Data as of
- 12/2021
- EIN
- 46-4463056
Organization Overview
Good News For India - Texas is located in Laverne, CA. The organization was established in 1993. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Good News For India - Texas 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, Good News For India - Texas generated $4.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO TRAIN, SEND, AND SUPPORT NATIONAL CHRISTIAN LEADERS TO STRENGTHEN THE CHRISTIAN CHURCH IN INDIA. TO PROVIDE PRIMARY & SECONDARY EDUCATION TO POOR & NEEDY CHILDREN, AND ASSIST POOR WOMEN TO IMPROVE THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GNFI SUPPORTS BHARAT SUSAMACHAR SAMITI (BSS) FINANCIALLY. BSS OPERATES THE FOLLOWING MINISTRIES, ALL IN THE NORTHERN PART OF INDIA: 1) NEW THEOLOGICAL COLLEGE (NTC). NTC IS A BIBLE COLLEGE / SEMINARY THAT PROVIDES TRAINING FOR PASTORS, PRIESTS, CHRISTIAN SCHOOL TEACHERS, AND OTHER CHRISTIAN LEADERS. WHEN IT WAS FOUNDED IN 1989, NTC HAD 22 STUDENTS. TODAY IT IS THE LARGEST, FULLY ACCREDITED, EVANGELICAL THEOLOGICAL SEMINARY IN NORTH INDIA WITH NEARLY 300 STUDENTS. SINCE ITS INAUGURATION, NEARLY 3,000 MEN AND WOMEN HAVE BEEN TRAINED BY NTC AND ITS SATELLITE TRAINING CENTERS. FOR MORE INFORMATION SEE SCHEDULE O
TWO OTHER ORGANIZATIONS SUPPORTED FINANCIALLY BY GNFI ARE CHRISTIAN EVANGELISTIC ASSEMBLIES (CEA) AND EVANGELICAL TRUST ASSOCIATION OF NORTH INDIA (ETANI). CEA IS AN ORGANIZATION THAT SUPPORTS PRIESTS AND PASTORS AS THEY AS THEY PROVIDE SPIRITUAL CARE FOR PEOPLE. CEA SERVES PEOPLE IN THESE WAYS: 1) BY PROVIDING OPPORTUNITIES FOR PEOPLE TO LEARN THE ETHICAL AND MORAL TEACHINGS OF THE HOLY BIBLE AND ORGANIZING PLACES OF WORSHIP WHERE THE LORD JESUS CHRIST IS WORSHIPPED. THERE ARE CURRENTLY NEARLY 500 SUCH PLACES OF WORSHIP UNDER THE CARE OF CEA. FOR MORE INFORMATION SEE SCHEDULE O
IN ADDITION TO THE ORGANIZATIONS MENTIONED ABOVE, GNFI ALSO REGULARLY SUPPORTS TWO OTHER ORGANIZATIONS: GOOD NEWS SERVICE SOCIETY - THIS SOCIETY ACCOMPLISHES THE FOLLOWING: 1) PROVIDING QUALITY EDUCATION TO SEVERAL HUNDRED NEEDY CHILDREN THROUGH ONE PRIMARY SCHOOL. 2) CARING FOR SEVERAL DOZEN STREET CHILDREN IN THE CITY OF BHOPAL BY TEACHING THEM HOW TO READ AND WRITE, PROVIDING THEM WITH FOOD, CLOTHING, AND OCCASIONAL MEDICAL CARE. FOR MORE INFORMATION SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Chavanikamannil President | OfficerTrustee | 40 | $39,000 |
Leela Chavanikamannil Treasurer | OfficerTrustee | 40 | $0 |
Lee S Johnson Secretary | OfficerTrustee | 5 | $0 |
Dr Timothy Tennent Vice-Preside | OfficerTrustee | 2 | $0 |
Mike Hooper Board Member | Trustee | 2 | $0 |
Steve Woodworth Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,445,266 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,445,266 |
| Total Program Service Revenue | $0 |
| Investment income | $6,597 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $58,600 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,510,463 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,300 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,768,895 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $62,000 |
| Compensation of current officers, directors, key employees. | $9,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,585 |
| Fees for services: Accounting | $12,057 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,700 |
| Advertising and promotion | $0 |
| Office expenses | $21,744 |
| Information technology | $450 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $28,374 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,925,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,625,988 |
| Savings and temporary cash investments | $953,047 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,456,765 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,035,800 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $7,143,786 |
| Net assets with donor restrictions | $892,014 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,035,800 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Good News For India - Texas has recieved totaling $23,800.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $23,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amazing Facts International Granite Bay, CA | $89,775,280 | $35,047,793 |
Kingdom Causes Long Beach, CA | $4,022,983 | $21,219,613 |
Youth With A Mission San Diego-Baja Chula Vista, CA | $22,048,486 | $17,148,909 |
Christ-Centered Ministries Inglewood, CA | $3,642,191 | $13,458,260 |
Neighborhood Ministries Inc Phoenix, AZ | $8,839,353 | $14,695,989 |
Latino Coalition For Community Leadership Bakersfield, CA | $2,661,885 | $14,445,845 |
Hope Services Hawaii Inc Hilo, HI | $6,998,663 | $14,894,055 |
Living Stream Anaheim, CA | $110,298,756 | $20,926,950 |
Luis Palau Association Portland, OR | $14,968,196 | $16,675,451 |
Rescue International Dana Point, CA | $7,874,025 | $9,695,100 |
Community Build Inc Los Angeles, CA | $3,997,471 | $9,365,253 |
Lake Mission Viejo Association Mission Viejo, CA | $11,099,981 | $7,973,182 |