CHINA GOSPEL DEPOT INC (EIN 810561719) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

XIN LAI BAI

Phone

7322971633

Tax Period

2023-01-01 to 2023-12-31

CHINA GOSPEL DEPOT INC, founded in 2002, is a small nonprofit in the Religion sector that reported $384K in total revenue in fiscal year 2023. Revenue surged 270% from the prior year, signaling strong growth momentum. The organization ran a surplus of $155K, a strong 40% operating margin.

Mission

CHINA GOSPEL DEPOT, INC. WORKS TO ENHANCE THE QUALITY OF LIFE OF INDIVIDUALS BY DISSEMINATING AND DISTRIBUTING RELIGIOUS PUBLICATIONS CONSISTENT WITH CHRISTIAN VALUES BY TRANSLATING AND PUBLISHING BIBLES AND OTHER BIBLICAL AND CHRISTIAN TEXTS. IN ADDITION, THE ORGANIZATION SPONSORS SEMINARS AND CONFERENCES TO ENGAGE WITH THE PUBLIC TO FURTHER CHRISTIANITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $312,800

Program Service Revenue $0

Investment Income $155

Other Revenue $71,339

TOTAL REVENUE $384,294

Expense Breakdown

Grants Paid $0

Salaries & Benefits $83,000

Fundraising Expenses $0

Program Expenses $193,728

Other Expenses $146,386

TOTAL EXPENSES $229,386

Year-over-Year Comparison

	2023	2022	Change
Revenue	$384,294	$103,900	+2.7%
Expenses	$229,386	$238,644	0.0%
Net Income	$154,908	$-134,744	-2.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$17,000

Total Directors

$17,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
XIN LAI BAI	PRESIDENT	15.00	Officer Director	$17,000	$0	$17,000
FU-LIN WU	TRUSTEE	10.00	Director	$0	$0	$0
GUIXUE YU	VICE PRESIDE	10.00	Officer Director	$0	$0	$0
PATRICK WAN TAI YU	OFFICER	10.00	Officer Director	$0	$0	$0
BENJAMIN HAIBIN SHEN	OFFICER	10.00	Officer 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	No data	No data	No data	No data
2023	$384,294	$229,386	$5,013,109	$154,908
2022	$103,900	$238,644	$4,893,318	$-134,744
2021	$299,508	$256,102	$5,037,486	$43,406
2020	$224,347	$402,499	$5,158,071	$-178,152
2019	$1,320,197	$557,425	$5,845,576	$762,772
2018	$373,724	$653,089	$6,674,435	$-279,365

CHINA GOSPEL DEPOT INC