GOSPEL ENTERPRISES INC (EIN 581479882) - 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

1975

Legal Domicile

Principal Officer

DAVID ULRICH

Tax Period

2022-01-01 to 2022-12-31

GOSPEL ENTERPRISES INC, founded in 1975, is a small nonprofit in the Religion sector that reported $828K in total revenue in fiscal year 2022. Expenses of $789K left a modest 5% surplus.

Mission

GOSPEL ENTERPRISES INC OPERATES THE ANCHORAGE, A YEAR-ROUND CHRISTIAN CAMP AND CONFERENCE CENTER EXISTING FOR THE PURPOSE OF SPREADING THE GOSPEL OF JESUS CHRIST, DEVELOPING STRONG CHRISTIAN CHARACTER, AND CHALLENGING INDIVIDUALS TO CHRISTIAN SERVICE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $293,542

Program Service Revenue $529,226

Investment Income $47

Other Revenue $5,162

TOTAL REVENUE $827,977

Expense Breakdown

Grants Paid $0

Salaries & Benefits $204,757

Fundraising Expenses $19,752

Program Expenses $582,792

Other Expenses $583,840

TOTAL EXPENSES $788,597

Year-over-Year Comparison

	2022	2021	Change
Revenue	$827,977	$768,315	+0.1%
Expenses	$788,597	$636,851	+0.2%
Net Income	$39,380	$131,464	-0.7%

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

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

$41,106

Total Directors

$75,969

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID ULRICH	CHAIRMANPRESIDENT	40.00	Officer Director Highest	$41,106	$0	$41,106
THAD BERRY	PROGRAM DIRECTOR	40.00	Director	$34,863	$0	$34,863
LUKE ULRICH	DIRECTOR	0.00	Director	$0	$0	$0
SHANNON HARMON	DIRECTOR	0.00	Director	$0	$0	$0
MIKE EVANS	DIRECTOR	0.00	Director	$0	$0	$0
AARON BURK	DIRECTOR	0.00	Director	$0	$0	$0
KEN WOODWARD	DIRECTOR	0.00	Director	$0	$0	$0
GARY LEDBETTER	DIRECTOR	0.00	Director	$0	$0	$0
SCOTT BISHOP	DIRECTOR	0.00	Director	$0	$0	$0
KIRK SMITH	DIRECTOR	0.00	Director	$0	$0	$0
VAN ULRICH	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
CARL WOOD	TREASURER	0.00	Officer Director	$0	$0	$0
DAVE BRADSHAW	SECRETARY	0.00	Officer 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
2022	$827,977	$788,597	$855,361	$39,380
2021	$768,315	$636,851	$876,138	$131,464
2020	$530,980	$492,842	$791,410	$38,138
2018	$571,686	$548,582	$826,492	$23,104

GOSPEL ENTERPRISES INC