Nonprofit · EIN 56-1635295
THE FOUNDATION FOR GOOD NEWS
Tax-exempt · CLINTON, NC 28328
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $36,771 | $98,917 | -$62,146 | $406,696 | $584,715 | -$178,019 |
| December 31, 2024 | 990-PF | $75,699 | $48,313 | $27,386 | $466,189 | $582,062 | -$115,873 |
| December 31, 2023 | 990-PF | $14,219 | $52,329 | -$38,110 | $414,282 | $557,541 | -$143,259 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $20,559
- Interest
- $1,762
- Other income
- $14,450
Expenses
- Grants and similar amounts paid
- $49,000
- Disbursements for charitable purposes
- $86,306
- Excise tax on investment income
- $24
Balance sheet and other
- Total assets, start of year
- $466,189
- Total assets, end of year
- $406,696
- Total liabilities, end of year
- $584,715
- Net assets, end of year
- -$178,019
- Fair market value of assets
- $22,126
- Qualifying distributions
- $86,306
- Net investment income
- $1,762
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 |
|---|---|---|---|
| GEORGE E WILSON 125 VILLAGE CIRCLE, CLINTON, NC 28329 | PRESIDENT | 0 | $0 |
| JEFFREY S WILSON 110 E MAIN ST, CLINTON, NC 28328 | VICE PRES | 0 | $0 |
| REGINA W PARKER 110 E MAIN ST, CLINTON, NC 28328 | SECRETARY | 0 | $0 |
| SHARLENE W TEW 110 E MAIN ST, CLINTON, NC 28328 | TREASURER | 0 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE E WILSON 125 VILLAGE CIRCLE, CLINTON, NC 28329 | PRESIDENT | 0 | $0 |
| JEFFREY S WILSON 110 E MAIN ST, CLINTON, NC 28328 | VICE PRES | 0 | $0 |
| REGINA W PARKER 110 E MAIN ST, CLINTON, NC 28328 | SECRETARY | 0 | $0 |
| SHARLENE W TEW 110 E MAIN ST, CLINTON, NC 28328 | TREASURER | 0 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE E WILSON 125 VILLAGE CIRCLE, CLINTON, NC 28329 | PRESIDENT | 0 | $0 |
| JEFFREY S WILSON 110 E MAIN ST, CLINTON, NC 28328 | VICE PRES | 0 | $0 |
| REGINA W PARKER 110 E MAIN ST, CLINTON, NC 28328 | SECRETARY | 0 | $0 |
| SHARLENE W TEW 110 E MAIN ST, CLINTON, NC 28328 | TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 110 E MAIN ST, CLINTON, NC 28328-4029
- Signed the 990-PF
- REGINA W PARKER, SECRETARY
- Phone
- (910) 592-8948
- Return prepared by
- LANGDON & COMPANY LLP
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
- 56-1635295
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $406,696
- Income (IRS master file)
- $36,771
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $36,771 | $98,917 | $406,696 | IRS |
| 990-PF | December 2024 | $75,699 | $48,313 | $466,189 | IRS |
| 990-PF | December 2023 | $14,219 | $52,329 | $414,282 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | 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 56-1635295).
Questions about THE FOUNDATION FOR GOOD NEWS
- What is the EIN of THE FOUNDATION FOR GOOD NEWS?
- The employer identification number (EIN) of THE FOUNDATION FOR GOOD NEWS is 56-1635295.
- Is THE FOUNDATION FOR GOOD NEWS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to THE FOUNDATION FOR GOOD NEWS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE FOUNDATION FOR GOOD NEWS file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE FOUNDATION FOR GOOD NEWS 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 THE FOUNDATION FOR GOOD NEWS 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 THE FOUNDATION FOR GOOD NEWS?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does THE FOUNDATION FOR GOOD NEWS have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $36,771, expenses of $98,917 and total assets of $406,696 at year end.
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