GOSPEL BROADCASTINGINC (EIN 562160579) - 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

1999

Legal Domicile

Principal Officer

RICKY L COTHREN

Phone

3363561560

Tax Period

2024-01-01 to 2024-12-31

GOSPEL BROADCASTINGINC, founded in 1999, is a small nonprofit in the Religion sector that reported $275K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $265K left a modest 4% surplus.

Mission

TO GET THE GOSPEL OF THE LORD JESUS CHRIST OUT TO THE WORLD. OPERATED FOR CHARITABLE, EDUCATIONAL AND RELIGIOUS PURPOSES AS DEFINED BY SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE

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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 $150,772

Program Service Revenue $122,879

Investment Income $1,686

Other Revenue $0

TOTAL REVENUE $275,337

Expense Breakdown

Grants Paid $0

Salaries & Benefits $110,183

Fundraising Expenses $0

Program Expenses $264,697

Other Expenses $154,514

TOTAL EXPENSES $264,697

Year-over-Year Comparison

	2024	2023	Change
Revenue	$275,337	$327,428	-0.2%
Expenses	$264,697	$307,903	-0.1%
Net Income	$10,640	$19,525	-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

Governance

Voting Members

Independent Members

Employees

Volunteers

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
RICKY COTHREN	PRESIDENT	30.00	Director	$0	$0	$0
JASON JOHNSON	SECRETARY/TREASURER	0.00	Director	$0	$0	$0
JERRY PARDUE	MEMBER	0.00	Director	$0	$0	$0
GARY PORTER	VICE PRESIDENT	0.00	Director	$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	$275,337	$264,697	$711,299	$10,640
2023	$327,428	$307,903	$700,814	$19,525
2022	$290,632	$191,122	$290,632	$99,510
2021	$237,312	$200,482	$174,195	$36,830
2018	$204,726	$188,415	$129,600	$16,311

GOSPEL BROADCASTINGINC