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Community Development : Housing and Neighborhood Development

Good News Partners

Providing dignified and desirable housing.

two stars

74.31

1600 West Jonquil Terrace Chicago, IL 60626
tel: (773) 764-4998   Web Site
EIN: 36-3107283

Board Leadership
George Bermingham
Chair

CEO
Tim Jones
Executive Director

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 74.31 two stars
  Financial 75.70 two stars
  Accountability & Transparency 73.00 two stars
This rating was published 02/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Why isn't this based on more recent data?

To end homelessness and hopelessness with all God brings to us, and to foster justice and build bridges of reconciliation.

To end homelessness and hopelessness with all God brings to us, and to foster justice and build bridges of reconciliation.

Impact Information

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Learn more about how we calculate the overall score and rating.

Financial

two stars

75.70

Accountability & Transparency

two stars

73.00

This rating was published 02/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 78.7%
  Administrative Expenses 14.8%
  Fundraising Expenses 6.4%
  Fundraising Efficiency $0.12
  Working Capital Ratio (years) 0.72
  Program Expenses Growth -2.7%
  Liabilities to Assets 79.4%
All data for Financial Performance Metrics calculations was provided by Good News Partners on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Good News Partners on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Good News Partners (IL) 74.31 two stars
HomeAid America (CA) 91.98 four stars
Rebuilding Together (DC) 87.34 three stars
Rebuilding Together Peninsula (CA) 93.77 four stars
CommonBond Communities (MN) 92.27 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $432,683
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $195,531
Total Contributions $628,214
   Program Service Revenue $634,829
Total Primary Revenue $1,263,043
   Other Revenue $147,622
TOTAL REVENUE $1,410,665
   
EXPENSES  
   Program Expenses $1,203,104
   Administrative Expenses $251,465
   Fundraising Expenses $77,556
TOTAL FUNCTIONAL EXPENSES $1,532,125
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-121,460
   
Net Assets $1,231,407

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Operating Expenses for Hotel and Co-Op Building $1,203,104 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-08 02/01/2019 74.31 two stars
2016-08 07/01/2018 78.60 two stars
2016-08 05/01/2018 76.96 two stars
2016-08 03/01/2018 69.22 one star
2015-08 11/01/2016 83.89 three stars
2014-08 06/01/2016 80.04 three stars
 
CN 2.0
2014-08 11/01/2015 79.67 two stars
2013-08 12/22/2014 78.60 two stars
2012-08 11/01/2013 86.88 three stars
2011-08 09/01/2012 83.32 three stars
2010-08 09/20/2011 76.98 two stars
 
CN 1.0
2010-08 06/01/2011 87.10 three stars
2009-08 10/01/2010 82.75 three stars
2008-08 10/01/2009 82.85 three stars
2007-08 07/01/2008 81.32 three stars
2006-08 07/01/2007 88.11 three stars
2005-08 02/01/2007 84.19 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 36-3107283
Name in IRS Master File GOOD NEWS PARTNERS
NTEE Code L20
NTEE Classification Housing Development, Construction, Management
NTEE Type Housing, Shelter
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (380) Low-income housing
(400) Area development, redevelopment of renewal
(995) Described in section 509(a)(2) of the Code
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 1988
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End August
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • August, 2016
  • August, 2015
  • August, 2014
  • August, 2013
  • August, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
None reported -- This organization did not report a CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Good News Partners (IL) 74.31 two stars
Rebuilding Together Peninsula (CA) 93.77 four stars
Rebuilding Together Silicon Valley (CA) 96.66 four stars
CHN Housing Partners (OH) 85.57 three stars
Family Housing Fund (MN) 87.74 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Good News Partners
1600 West Jonquil Terrace
Chicago, IL 60626
tel: (773) 764-4998
fax: (773) 764-4999
EIN: 36-3107283

Visit Web Site

Board Leadership

George Bermingham
Chair

CEO

Tim Jones
Executive Director

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