THE GOSPEL HOUR INC

EIN: 570365962 501(c)(3) Religion

TAYLORS, SC

Total Revenue
$659,146
Total Expenses
$697,578
Total Assets
$754,031
Net Assets
$750,738
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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
1962
Legal Domicile
SC
Principal Officer
DAVID B GREENE
Phone
8642444725
Tax Period
2023-01-01 to 2023-12-31

THE GOSPEL HOUR INC, founded in 1962, is a small nonprofit in the Religion sector that reported $659K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year.

Mission

TO SPREAD THE GOSPEL OF JESUS CHRIST VIA RADIO BROADCASTS, RECORDINGS AND PRINTED MATERIALS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $652,500
Program Service Revenue $0
Investment Income $6,646
Other Revenue $0
TOTAL REVENUE $659,146

Expense Breakdown

Grants Paid $0
Salaries & Benefits $270,167
Fundraising Expenses $0
Program Expenses $602,438
Other Expenses $427,411
TOTAL EXPENSES $697,578

Year-over-Year Comparison

2023 2022 Change
Revenue $659,146 $745,958 -0.1%
Expenses $697,578 $689,840 +0.0%
Net Income $-38,432 $56,118 -1.7%
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
2
Independent Members
N/A
Employees
7
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
1
$67,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID B GREENE DIRECTOR 25.00
Officer
$67,000 $0 $67,000
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
2024 No data No data No data No data
2023 $659,146 $697,578 $754,031 $-38,432
2022 $745,958 $689,840 $787,344 $56,118
2021 $148,973 $144,123 $715,431 $4,850
2021 $883,137 $746,817 $710,460 $136,320
2020 $644,848 $668,115 $573,169 $-23,267
2019 $854,367 $720,326 $655,176 $134,041
2018 $703,801 $671,730 $463,256 $32,071
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