Nonprofit · EIN 88-0918870
GOOD NEWS FRIENDS INC
Tax-exempt · TULSA, OK 74105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $77,585 | $74,495 | $3,090 | $5,752 | $0 | $5,752 |
| December 31, 2023 | 990 | $67,295 | $67,295 | $0 | $0 | $0 | $0 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $77,585
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $74,175
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $74,494
- Management and general (functional)
- $1
Balance sheet and other
- Total assets, start of year
- $2,662
- Total assets, end of year
- $5,752
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,752
- Gross receipts
- $77,585
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2022
- State of legal domicile
- OK
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES M ODOM | PRESIDENT Officer | 1 | $0 |
| BARBARA E ODOM | VICE PRESIDENT Officer | 1 | $0 |
| SHANNON R PAYNE | SEC/TREASURER Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES M ODOM | PRESIDENT Officer | 1 | $0 |
| BARBARA E ODOM | VICE PRESIDENT Officer | 1 | $0 |
| SHANNON R PAYNE | SEC/TREASURER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 38 E 44TH ST, TULSA, OK 74105-3808
- Principal officer (990 for 2024)
- JAMES M ODOM, 38 E 44TH ST, TULSA, OK 74105
- Signed the 990
- JAMES M ODOM, PRESIDENT
- Phone
- (918) 857-4380
- Return prepared by
- MARK S DAVIDSON CPA
Mission
SUPPORT FOR AN ORPHANAGE IN KENYAALSO SPONSORING EDUCATIONAL OPPORTUNITIES FOR CHILDREN AGING OUT
Program accomplishments
- SUPPORT FOR AN ORPHANAGE IN KENYAALSO SPONSORING EDUCATIONAL OPPORTUNITIES FOR CHILDREN AGING OUTExpenses $74,494 · grants $74,175
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 88-0918870
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P30)
- Assets (IRS master file)
- $5,752
- Income (IRS master file)
- $77,585
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $77,585 | $74,495 | $5,752 | XML |
| 990 | December 2023 | $67,295 | $67,295 | $0 | XML |
| 990 | December 2022 | $93,977 | $93,977 | $0 | 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 88-0918870).
Questions about GOOD NEWS FRIENDS INC
- What is the EIN of GOOD NEWS FRIENDS INC?
- The employer identification number (EIN) of GOOD NEWS FRIENDS INC is 88-0918870.
- Is GOOD NEWS FRIENDS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to GOOD NEWS FRIENDS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GOOD NEWS FRIENDS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GOOD NEWS FRIENDS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GOOD NEWS FRIENDS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GOOD NEWS FRIENDS INC?
- The 990 for the year ended December 31, 2024 names JAMES M ODOM.
- Who are the officers and directors of GOOD NEWS FRIENDS INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does GOOD NEWS FRIENDS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $77,585, expenses of $74,495 and total assets of $5,752 at year end.
Other nonprofits in TULSA
- FAMILY & CHILDRENS SERVICE INC EIN 73-0580270 · last filed 990 for 2025
- COMMUNITY ACTION PROJECT OF TULSA COUNTY INC EIN 73-1019247 · last filed 990 for 2024
- TRINITY WOODS INC EIN 73-0648458 · last filed 990 for 2025
- CENTRAL STATE COMMUNITY SERVICES OKLAHOMA INC EIN 74-2549283 · last filed 990 for 2025
- YOUNG MENS CHRISTIAN ASSOCIATION OF GREATER TULSA EIN 73-0579269 · last filed 990 for 2025
- KATHLEEN S CRAFT FOUNDATION EIN 45-5153443 · last filed 990-PF for 2024
- ST SIMEONS EPISCOPAL HOME INC EIN 73-0708697 · last filed 990 for 2024
- JOHN 3 16 MISSION EIN 73-0744834 · last filed 990 for 2025