Proclaiming the Gospel

EIN: 752608000 501(c)(3) Religion

Southlake, TX

Total Revenue
$473,918
Total Expenses
$252,353
Total Assets
$2,096,226
Net Assets
$2,096,226
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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
TX
Principal Officer
Mike Gendron
Phone
8173795300
Tax Period
2024-01-01 to 2024-12-31

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.

Mission

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.

Program Service Accomplishments

Program 1
Expenses: $193,645 Revenue: $0

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...

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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.

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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 (2024)

Revenue Breakdown

Contributions & Grants $405,998
Program Service Revenue $0
Investment Income $67,920
Other Revenue $0
TOTAL REVENUE $473,918

Expense Breakdown

Grants Paid $3,299
Salaries & Benefits $133,420
Fundraising Expenses $0
Program Expenses $193,645
Other Expenses $115,634
TOTAL EXPENSES $252,353

Year-over-Year Comparison

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%
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
5
Independent Members
3
Employees
1
Volunteers
6

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
2
$133,420
Total Directors
5
$133,420
Key Employees
0
$0
Highest Compensated
0
reported
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
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 $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
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