HERALDS OF THE GOSPEL FOUNDATION INC (EIN 200170689) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

THOMAS WALSHCPA

Phone

2815978178

Tax Period

2024-01-01 to 2024-12-31

HERALDS OF THE GOSPEL FOUNDATION INC, founded in 2003, is a community nonprofit in the International Affairs sector that reported $5.2M in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $817K, a strong 16% operating margin.

Mission

TO MAKE GRANTS AND DONATIONS TO CHARITABLE,RELIGIOUS,EDUCATIONAL,CULTURAL,SCIENTIFIC OR BENEVOLENT ORGANIZATIONS AND FOUNDATIONS IN THE U.S. AND ABROAD WHICH PROMOTE AND FURTHER THE HERALDS MISSION OF EVANGELISM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,533,464

Program Service Revenue $0

Investment Income $1,609

Other Revenue $2,673,469

TOTAL REVENUE $5,208,542

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $69,039

Program Expenses $4,317,943

Other Expenses $4,391,148

TOTAL EXPENSES $4,391,148

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,208,542	$3,588,457	+0.5%
Expenses	$4,391,148	$3,706,264	+0.2%
Net Income	$817,394	$-117,807	-7.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CICERO SOBREIRA DE SOUSA	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOSEPH BASSI	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
LUTIANE DA SILVA MENDES	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
THOMAS WALSHCPA	CHIEF ACCOUNTING OFFICER	2.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$5,208,542	$4,391,148	$1,206,573	$817,394
2023	$3,588,457	$3,706,264	$389,045	$-117,807
2022	$1,310,775	$1,201,255	$506,782	$109,520
2021	$367,659	$227,900	$401,762	$139,759
2020	$280,073	$322,886	$262,003	$-42,813

HERALDS OF THE GOSPEL FOUNDATION INC