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

EIN: 800710794 501(c)(3) Religion

GULFPORT, MS

Total Revenue
$1,275
Total Expenses
$1,249
Total Assets
$5,870
Net Assets
$5,870
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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
MS
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 ORGAZNIZATION'S MISSION IS TO SHARE, SERVE AND SPREAD THE LOVE OF GOD WITH OTHERS.

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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 (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

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Governance

Voting Members
4
Independent Members
20
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
3
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
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
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