INSPIRATIONAL GOSPEL ASSEMBLY INC

EIN: 271192419 501(c)(3) Religion

Bronx, NY

Total Revenue
$398,317
Total Expenses
$328,910
Total Assets
$919,585
Net Assets
$919,585
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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
2005
Legal Domicile
NY
Phone
3472720596
Tax Period
2025-01-01 to 2025-12-31

INSPIRATIONAL GOSPEL ASSEMBLY INC, founded in 2005, is a small nonprofit in the Religion sector that reported $398K in total revenue in fiscal year 2025. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $69K, a strong 17% operating margin.

Mission

PREACHING OF THE GOSPEL OF JESUS CHRIST AND WINNING SOULS FOR THE KINGDOM OF GOD.

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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 $0
Program Service Revenue $398,317
Investment Income $0
Other Revenue $0
TOTAL REVENUE $398,317

Expense Breakdown

Grants Paid $4,130
Salaries & Benefits $49,740
Fundraising Expenses $0
Other Expenses $275,040
TOTAL EXPENSES $328,910

Year-over-Year Comparison

2025 2024 Change
Revenue $398,317 $346,179 +0.2%
Expenses $328,910 $301,028 +0.1%
Net Income $69,407 $45,151 +0.5%
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

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Governance

Voting Members
7
Independent Members
7
Employees
1
Volunteers
N/A

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
7
$31,500
Total Directors
1
$31,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH KUFFOUR PRESIDENT 050.00
Officer Director
$31,500 $0 $31,500
ROSE KUFFOUR VICE-PRESIDENT 020.00
Officer
$0 $0 $0
REGINA ADDO ASSOCIATE PASTOR 020.00
Officer
$0 $0 $0
MICHAEL LARTEY ASSOCIATE PASTOR 020.00
Officer
$0 $0 $0
GLADYS NANA AMOAH CHURCH SECRETARY 020.00
Officer
$0 $0 $0
DANIEL ABU FINANCIAL SECRETARY 020.00
Officer
$0 $0 $0
SOLOMON KUFFOUR ADMINISTRATOR 020.00
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
2025 $398,317 $328,910 $919,585 $69,407
2024 $346,179 $301,028 $1,360,931 $45,151
2023 $541,521 $379,007 $1,355,711 $162,514
2022 $490,475 $355,552 $1,348,000 $134,923
2021 $283,147 $284,729 $1,653,122 $-1,582
2020 $207,123 $316,665 $1,654,643 $-109,542
2019 $469,808 $436,294 $1,764,246 $33,514
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