GULF COAST BLESSING INC D/B/A THE … - Form 990 Financial Data

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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

2011

Legal Domicile

Principal Officer

CARRIE RESTER

Phone

2288608980

Tax Period

2023-01-01 to 2023-12-31

GULF COAST BLESSING INC D/B/A THE BLESSING BOWL, founded in 2011, is a micro nonprofit in the Religion sector that reported $1K in total revenue in fiscal year 2023. Revenue fell 78% from the prior year — a significant decline worth monitoring. Net assets of $6K represent 55 months of operating reserves.

Mission

THE ORGANIZATION'S MISSION IS TO SHARE, SERVE AND SPREAD THE LOVE OF GOD WITH OTHERS.

Program Service Accomplishments

Program 1

THE ORGANZATION MAINTAINS A BOOK STORE WHICH SELLS PUBLICATIONS, T-SHIRTS, DONATED ITEMS AND MORE.

Program 2

THE ORGANIZATION COORDINATES EVENTS, SEMINARS AND SPEAKERS TO FURTHER THE MISSION OF THE ORGANIZATION.

Program 3

Expenses: $366

THE ORGANAZATION PROVIDES OUTREACH SERVICES TO PEOPLE IN NEED.

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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 $0

Program Service Revenue $1,268

Investment Income $7

Other Revenue $0

TOTAL REVENUE $1,275

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $366

Other Expenses $1,249

TOTAL EXPENSES $1,249

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,275	$5,902	-0.8%
Expenses	$1,249	$5,435	-0.8%
Net Income	$26	$467	-0.9%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARRIE RESTER	PRESIDENT	25.00	Director	$0	$0	$0
VIRGINIA NEWTON	VICE PRESIDENT	5.00	Officer	$0	$0	$0
ANN WARREN	TREASURER	5.00	Officer	$0	$0	$0
KATHLEEN SHAUGHNESSY	SECRETARY	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
2024	No data	No data	No data	No data
2023	$1,275	$1,249	$5,870	$26
2022	$5,902	$5,435	$5,844	$467
2021	$8,421	$10,212	$5,222	$-1,791
2020	$13,954	$11,419	$7,013	$2,535

GULF COAST BLESSING INC D/B/A THE BLESSING BOWL