NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW YORK GOSPEL MINISTRIES INC, founded in 2000, is a small nonprofit in the Religion sector that reported $148K in total revenue in fiscal year 2023. Expenses of $138K left a modest 7% surplus.
RELIGIOUS EVANGELISM, INSTRUCTION, AND CHURCH PLANTING
New York Gospel Ministries held six (6) different chapel services every week in four (4) different languages. Services were open to the public and had an attendance that averaged 215 different people...
New York Gospel Ministries held six (6) different chapel services every week in four (4) different languages. Services were open to the public and had an attendance that averaged 215 different people every week. Teaching the Word of God and praying with people took place. NYGM also has an internship program. We also scheduled multiple mission teams who came to the city to help in our evangelistic outreaches held at different locations throughout the city. The gospel of God was shared and Christian literature was distributed.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $148,219 | $144,524 | +0.0% |
| Expenses | $137,925 | $125,123 | +0.1% |
| Net Income | $10,294 | $19,401 | -0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| William R Jones | Pres / Exec Dir | 15.00 |
Officer
Director
|
$17,000 | $4,483 | $21,483 |
| Rick Cross | Chairman | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Steven Lee | Secretary | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mark Mincy | Treasurer | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| David Martindale | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Johnny Serafini | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $148,219 | $137,925 | $71,918 | $10,294 |
| 2022 | $144,524 | $125,123 | $62,144 | $19,401 |
| 2021 | $67,305 | $88,787 | $42,544 | $-21,482 |
| 2020 | $82,518 | $86,027 | $64,025 | $-3,509 |
| 2019 | $79,099 | $125,657 | $67,534 | $-46,558 |
| 2018 | $119,774 | $128,276 | $114,091 | $-8,502 |
Compare NEW YORK GOSPEL MINISTRIES INC with other nonprofits in New York and across the country.