Nonprofit · EIN 54-1812414
GOOD NEWS FOUNDATION
Tax-exempt · NEWPORT NEWS, VA 23606
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $533,599 | $199,986 | $333,613 | $4,613,138 | $0 | $4,613,138 |
| December 31, 2024 | 990-PF | $367,346 | $186,602 | $180,744 | $4,279,525 | $0 | $4,279,525 |
| December 31, 2023 | 990-PF | $248,197 | $226,624 | $21,573 | $4,098,781 | $0 | $4,098,781 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $148,058
- Interest
- $9
- Net gain from sales of assets
- $385,532
Expenses
- Grants and similar amounts paid
- $190,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $191,090
- Excise tax on investment income
- $7,402
Balance sheet and other
- Total assets, start of year
- $4,279,525
- Total assets, end of year
- $4,613,138
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,613,138
- Fair market value of assets
- $5,243,181
- Qualifying distributions
- $191,090
- Net investment income
- $533,599
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| C DWIGHT WEST III PO BOX 12228, NEWPORT NEWS, VA 23612 | PRESIDENT/SECRETARY/TREAS | 0 | $0 |
| ROBERT W CROWE 1228 WESTMOOR ROAD, WINNETKA, IL 60093 | DIRECTOR | 0 | $0 |
| JONATHAN WEST 753-C THIMBLE SHOALS BLVD, NEWPORT NEWS, VA 23606 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| C DWIGHT WEST III PO BOX 12228, NEWPORT NEWS, VA 23612 | PRESIDENT/SECRETARY/TREAS | 0 | $0 |
| ROBERT W CROWE 1228 WESTMOOR ROAD, WINNETKA, IL 60093 | DIRECTOR | 0 | $0 |
| JONATHAN WEST 753-C THIMBLE SHOALS BLVD, NEWPORT NEWS, VA 23606 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| C DWIGHT WEST III PO BOX 12228, NEWPORT NEWS, VA 23612 | PRESIDENT/SECRETARY/TREAS | 0 | $0 |
| ROBERT W CROWE 1228 WESTMOOR ROAD, WINNETKA, IL 60093 | DIRECTOR | 0 | $0 |
| JONATHAN WEST 753-C THIMBLE SHOALS BLVD, NEWPORT NEWS, VA 23606 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 753 THIMBLE SHOALS BLVD STE C, NEWPORT NEWS, VA 23606-3564
- In care of
- % CYRUS A DOLPH IV
- Signed the 990-PF
- C DWIGHT WEST III, PRESIDENT
- Phone
- (757) 873-0676
- Return prepared by
- BETH MOORE & ASSOCIATES CPAS
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 54-1812414
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22Z)
- Assets (IRS master file)
- $4,613,138
- Income (IRS master file)
- $533,599
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $533,599 | $199,986 | $4,613,138 | XML |
| 990-PF | December 2024 | $367,346 | $186,602 | $4,279,525 | IRS |
| 990-PF | December 2023 | $248,197 | $226,624 | $4,098,781 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1812414).
Questions about GOOD NEWS FOUNDATION
- What is the EIN of GOOD NEWS FOUNDATION?
- The employer identification number (EIN) of GOOD NEWS FOUNDATION is 54-1812414.
- Is GOOD NEWS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to GOOD NEWS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GOOD NEWS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GOOD NEWS FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GOOD NEWS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of GOOD NEWS FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does GOOD NEWS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $533,599, expenses of $199,986 and total assets of $4,613,138 at year end.
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