Southlake, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Proclaiming the Gospel, founded in 1994, is a small nonprofit in the Religion sector that reported $474K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $222K, a strong 47% operating margin.
Our mission is to serve, honor and glorify the Lord Jesus Christ by proclaiming His Gospel of grace throughout the world. In addition, we endeavor to equip and encourage Christians to be faithful and effective ambassadors in carrying out our Lords Great Commission. This is accomplished through ministering in churches, seminaries, conferences, radio, TV, internet, podcasts and our evangelistic resources.
The ministry conducted 27 evangelistic seminars in churches and conferences throughout the world. The ministry published 12 newsletters and articles to over 32,000 subscribers. The ministrys messages...
The ministry conducted 27 evangelistic seminars in churches and conferences throughout the world. The ministry published 12 newsletters and articles to over 32,000 subscribers. The ministrys messages were broadcast on 12 radio and TV stations, 16 podcasts and multiple YouTube videos.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $473,918 | $618,822 | -0.2% |
| Expenses | $252,353 | $283,649 | -0.1% |
| Net Income | $221,565 | $335,173 | -0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Mike Gendron | President, Treasurer | 65.00 |
Officer
Director
|
$75,000 | $36,290 | $111,290 |
| Jane Gendron | Vice President, Executive Assistant | 28.00 |
Officer
Director
|
$15,600 | $6,530 | $22,130 |
| Steve Kwan | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ed Lutz | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jerry Latham | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $473,918 | $252,353 | $2,096,226 | $221,565 |
| 2023 | $618,822 | $283,649 | $1,874,661 | $335,173 |
| 2022 | $380,072 | $269,548 | $1,539,488 | $110,524 |
| 2021 | $268,448 | $200,005 | $1,428,964 | $68,443 |
| 2020 | $248,263 | $176,919 | $1,360,521 | $71,344 |
Compare Proclaiming the Gospel with other nonprofits in Texas and across the country.