Gospel Heritage Foundation Inc (EIN 311469466) - 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

2014

Legal Domicile

Principal Officer

Teresa E Jackson

Phone

7702655227

Tax Period

2024-01-01 to 2024-12-31

Gospel Heritage Foundation Inc, founded in 2014, is a small nonprofit in the Religion sector that reported $207K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $60K, a strong 29% operating margin.

Mission

To foster religious awareness through teaching, conferences, workshops, various media forms, and travel

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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 $0

Program Service Revenue $206,820

Investment Income $0

Other Revenue $0

TOTAL REVENUE $206,820

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $147,313

TOTAL EXPENSES $147,313

Year-over-Year Comparison

	2024	2023	Change
Revenue	$206,820	$290,255	-0.3%
Expenses	$147,313	$258,992	-0.4%
Net Income	$59,507	$31,263	+0.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rev Willis Steele	Board of Directors Member	002.00	Director	$0	$0	$0
Bishop Hezekiah Walker	Board of Directors Member	002.00	Director	$0	$0	$0
Marsha Jerman	Board of Directors Member	002.00	Director	$0	$0	$0
VaShawn Mitchell	President CEO	010.00	Officer	$0	$0	$0
Teresa Jackson	Vice President	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	No data	No data	No data	No data
2024	$206,820	$147,313	$95,035	$59,507
2023	$290,255	$258,992	$35,528	$31,263
2022	$60,981	$76,674	$4,265	$-15,693
2021	$40,511	$39,401	$19,958	$1,110
2020	$123,422	$107,044	$18,848	$16,378
2019	$140,933	$136,447	$2,470	$4,486
2018	$116,019	$111,291	$8,561	$4,728

Gospel Heritage Foundation Inc