GOSPEL MINUTES PUBLICATIONS INC

EIN: 756040728 501(c)(3)

FORT WORTH, TX

Total Revenue
$117,332
Total Expenses
$155,147
Total Assets
N/A
Net Assets
N/A
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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
1964
Legal Domicile
TX
Principal Officer
JUD THURMAN
Phone
8177078158
Tax Period
2025-01-01 to 2025-12-31

GOSPEL MINUTES PUBLICATIONS INC, founded in 1964, is a small nonprofit that reported $117K in total revenue in fiscal year 2025. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $155K exceeded revenue, resulting in a 32% operating deficit.

Mission

PUBLISH, PRINT, MAIL AND OTHERWISE DISTRIBUTE THE GOSPEL MINUTES, A PERIODICAL AND OTHER BOOKS AND BOUND VOLUMES OF A RELIGIOUS NATURE.

Program Service Accomplishments

Program 1
Expenses: $145,881 Revenue: $76,915

GOSPEL MINUTES PRINTED AND MAILED PERIODICALS WEEKLY AND PUBLISHED BOUND VOLUMES OF RELIGIOUS WORK AND SOLD BOUND VOLUMES. EACH WEEK, THE ORGANIZATION SENDS INDIVIDUAL COPIES TO PRISONERS AND MAILED...

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GOSPEL MINUTES PRINTED AND MAILED PERIODICALS WEEKLY AND PUBLISHED BOUND VOLUMES OF RELIGIOUS WORK AND SOLD BOUND VOLUMES. EACH WEEK, THE ORGANIZATION SENDS INDIVIDUAL COPIES TO PRISONERS AND MAILED BULK PACKAGES TO CHURCHES, PRISONS & PRISON CHAPLAINS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $49,478
Program Service Revenue $76,915
Investment Income $-9,061
Other Revenue $0
TOTAL REVENUE $117,332

Expense Breakdown

Grants Paid $22,800
Salaries & Benefits $48,662
Fundraising Expenses $2,649
Program Expenses $145,881
Other Expenses $83,685
TOTAL EXPENSES $155,147

Year-over-Year Comparison

2025 2024 Change
Revenue $117,332 $576,813 -0.8%
Expenses $155,147 $569,080 -0.7%
Net Income $-37,815 $7,733 -5.9%
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
4
Independent Members
3
Employees
2
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
2
$13,538
Total Directors
3
$13,538
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUD THURMAN SECRETARY/TREASURER/BOARD 10.00
Officer Director
$13,538 $0 $13,538
JAY NORMAN BOARD MEMBER 2.00
Director
$0 $0 $0
KATHY DAVIS INTERIM BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID THURMAN EDITOR/PUBLISHER 5.00
Officer
$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
2025 $117,332 $155,147 No data $-37,815
2024 $576,813 $569,080 $37,952 $7,733
2023 $548,227 $549,927 $31,313 $-1,700
2022 $517,914 $539,175 $33,445 $-21,261
2021 $621,953 $523,374 $75,619 $98,579
2020 $553,284 $567,297 $40,935 $-14,013
2019 $585,875 $594,201 $46,383 $-8,326
2018 $573,117 $590,042 $39,595 $-16,925
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