GOLDEN OIL MINISTRIES USA INC

EIN: 208402974 501(c)(3) Religion

SILVER SPRING, MD

Total Revenue
$94,088
Total Expenses
$167,176
Total Assets
$157,134
Net Assets
$157,134
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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
2009
Legal Domicile
MD
Principal Officer
YARED TULU
Phone
2406146440
Tax Period
2025-01-01 to 2025-12-31

GOLDEN OIL MINISTRIES USA INC, founded in 2009, is a micro nonprofit in the Religion sector that reported $94K in total revenue in fiscal year 2025. Expenses of $167K exceeded revenue, resulting in a 78% operating deficit.

Mission

EMPOWER BELIEVERS TO GROW INTO WHOLENESS IN CHRIST THROUGH FAITHFUL PROCLAMATION OF THE LIFE-GIVING WORD.

Program Service Accomplishments

Program 1
Expenses: $64,388 Revenue: $92,773

CHURCH ORGANIZATION

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $94,088
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $94,088

Expense Breakdown

Grants Paid $0
Salaries & Benefits $106,844
Fundraising Expenses $0
Program Expenses $64,388
Other Expenses $60,332
TOTAL EXPENSES $167,176

Year-over-Year Comparison

2025 2024 Change
Revenue $94,088 N/A N/A
Expenses $167,176 N/A N/A
Net Income $-73,088 N/A N/A
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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Governance

Voting Members
3
Independent Members
3
Employees
2
Volunteers
10

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
1
$50,769
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YARED T TULU EVANGELIST/ PASTOR 50.00
Officer
$50,769 $0 $50,769
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
2025 $94,088 $167,176 $157,134 $-73,088
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