GOSPEL MINISTRIES INTERNATIONAL INC (EIN 621830351) - 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

2000

Legal Domicile

Principal Officer

David Gates

Phone

4234731841

Tax Period

2023-01-01 to 2023-12-31

GOSPEL MINISTRIES INTERNATIONAL INC, founded in 2000, is a community nonprofit in the Religion sector that reported $3.0M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

To carry out medical and educational evangelism worldwide

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,153,039

Program Service Revenue $0

Investment Income $-165,879

Other Revenue $0

TOTAL REVENUE $2,987,160

Expense Breakdown

Grants Paid $2,120,418

Salaries & Benefits $100,402

Fundraising Expenses $0

Program Expenses $2,842,871

Other Expenses $1,029,435

TOTAL EXPENSES $3,250,255

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,987,160	$3,826,423	-0.2%
Expenses	$3,250,255	$4,116,361	-0.2%
Net Income	$-263,095	$-289,938	-0.1%

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

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
David Gates	President	60	Officer Director	$0	$0	$0
Brandtley Greenlaw	Vice-President	30	Officer Director	$0	$0	$0
Donald Johnson	Secretary	10	Officer Director	$0	$0	$0
Richard Gates	Board Member	0	Director	$0	$0	$0
Markus Jaudes	Board Member	0	Director	$0	$0	$0
Dan Peek	Board Member	0.00	Director	$0	$0	$0
Richard Carrera	Board Member	40.00	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
2024	No data	No data	No data	No data
2023	$2,987,160	$3,250,255	$2,371,049	$-263,095
2022	$3,826,423	$4,116,361	$3,252,854	$-289,938
2021	$3,656,651	$3,610,258	$2,771,067	$46,393
2020	$3,269,875	$3,352,277	$2,751,572	$-82,402
2018	$3,443,128	$3,976,001	$2,104,327	$-532,873

GOSPEL MINISTRIES INTERNATIONAL INC