GFS FOREVER

EIN: 832418466 501(c)(3)

REDDING, CA

Total Revenue
$2,280
Total Expenses
$1,861
Total Assets
$419
Net Assets
$419
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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
2018
Legal Domicile
CA
Phone
6269054682
Tax Period
2020-01-01 to 2020-12-31

GFS FOREVER, founded in 2018, is a micro nonprofit that reported $2K in total revenue in fiscal year 2020. The organization ran a surplus of $419, a strong 18% operating margin.

Mission

To worship, enjoy, and serve the one true God and His Son, the Lord Jesus Christ; enabled by the Holy Spirit, serving, assisting and developing faith communities through music and communication of the Gospel of Jesus Christ.

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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 (2020)

Revenue Breakdown

Contributions & Grants $2,280
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,280

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,861
Other Expenses $1,861
TOTAL EXPENSES $1,861

Year-over-Year Comparison

2020 2019 Change
Revenue $2,280 N/A N/A
Expenses $1,861 N/A N/A
Net Income $419 N/A N/A
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
2
Independent Members
2
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID E MYLES IV CEO, CFO 0.00
Director
$0 $0 $0
MERRILL A HANSON Secretary 0.00
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
2020 $2,280 $1,861 $419 $419
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