GOSPEL OPPORTUNITIES INC

EIN: 382071440 501(c)(3) Arts, Culture & Humanities

MARQUETTE, MI

Total Revenue
$527,500
Total Expenses
$428,296
Total Assets
$546,262
Net Assets
$543,353
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
MI
Principal Officer
JAMES R JANOFSKI
Phone
9062491423
Tax Period
2025-01-01 to 2025-12-31

GOSPEL OPPORTUNITIES INC, founded in 1975, is a small nonprofit in the Arts, Culture & Humanities sector that reported $528K in total revenue in fiscal year 2025. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $99K, a strong 19% operating margin.

Mission

OPERATION OF A RELIGIOUS NON-COMMERCIAL, EDUCATIONAL RADIO STATION REACHING THE UPPER PENINSULA OF MICHIGAN, PARTS OF WISCONSIN, AND PARTS OF CANADA

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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 $493,284
Program Service Revenue $9,951
Investment Income $7,835
Other Revenue $16,430
TOTAL REVENUE $527,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $165,384
Fundraising Expenses $0
Program Expenses $365,204
Other Expenses $262,912
TOTAL EXPENSES $428,296

Year-over-Year Comparison

2025 2024 Change
Revenue $527,500 $392,127 +0.3%
Expenses $428,296 $372,692 +0.1%
Net Income $99,204 $19,435 +4.1%
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
N/A
Employees
17
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
5
$65,464
Total Directors
3
$68,948
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW J LARSEN MANAGER/BOAR 40.00
Officer Director
$62,459 $0 $62,459
JOHN P THOMSEN BOARD MEMBER 0.25
Director
$6,489 $0 $6,489
ELIZABETH LARSEN TREASURER 0.25
Officer
$3,005 $0 $3,005
RAYMOND S HEDBERG BOARD MEMBER 0.25
Director
$0 $0 $0
JAMES E HILL VICE PRESIDE 0.25
Officer
$0 $0 $0
JAMES R JANOFSKI PRESIDENT 0.25
Officer
$0 $0 $0
LANETA A JANOFSKI SECRETARY 0.25
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 $527,500 $428,296 $546,262 $99,204
2024 $392,127 $372,692 $443,562 $19,435
2023 $334,647 $371,322 $421,331 $-36,675
2022 $379,701 $348,983 $457,851 $30,718
2021 $369,393 $316,029 $427,010 $53,364
2020 $311,451 $311,332 $373,515 $119
2019 $357,547 $321,801 $374,665 $35,746
2018 $330,967 $339,039 $339,297 $-8,072
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