FULL GOSPEL SINGLES INC

EIN: 581710988 501(c)(3)

Longwood, FL

Total Revenue
$167,097
Total Expenses
$198,746
Total Assets
$71,331
Net Assets
$71,331
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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
1994
Legal Domicile
FL
Principal Officer
FAYE HARDEN
Tax Period
2020-01-01 to 2020-12-31

FULL GOSPEL SINGLES INC, founded in 1994, is a small nonprofit that reported $167K in total revenue in fiscal year 2020. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $199K exceeded revenue, resulting in a 19% operating deficit.

Mission

REACHING PEOPLE WITH THE CHRISTIAN MESSAGE THROUGH TOURS CONFERENCES MEETING AND MEDIA

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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 (2020)

Revenue Breakdown

Contributions & Grants $167,097
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $167,097

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $198,746
Other Expenses $198,746
TOTAL EXPENSES $198,746

Year-over-Year Comparison

2020 2019 Change
Revenue $167,097 $225,396 -0.3%
Expenses $198,746 $177,067 +0.1%
Net Income $-31,649 $48,329 -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
3
Independent Members
3
Employees
N/A
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
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FAYE HARDEN PRESIDENT 40.00
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
2020 $167,097 $198,746 $71,331 $-31,649
2019 $225,396 $107,067 $179,003 $118,329
2018 $271,283 $220,334 $60,674 $50,949
2017 $209,362 $204,742 $10,443 $4,620
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