MEXICAN GOSPEL MISSION INC (EIN 866052986) - Form 990 Financial Analysis & Trantor Score

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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

1941

Legal Domicile

Principal Officer

DAN WOKATY

Phone

6022720312

Tax Period

2023-01-01 to 2023-12-31

MEXICAN GOSPEL MISSION INC, founded in 1941, is a small nonprofit that reported $588K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

TO RECOGNIZE THE POWERFUL WORKING OF GOD IN THE HISPANIC WORLD. TO BE A SPIRIT-LED TEAM OF FUNDAMENTAL BAPTIST MISSIONARY SERVANTS WHO ARE COMMITTED TO MULTIPLYING CHRISTLIKE LEADERS BY SERVING BIBLE-BELIEVING LOCAL CHURCHES FOR THE GLORY 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $583,912

Program Service Revenue $4,516

Investment Income $25

Other Revenue $0

TOTAL REVENUE $588,453

Expense Breakdown

Grants Paid $68,099

Salaries & Benefits $411,127

Fundraising Expenses $0

Program Expenses $545,456

Other Expenses $148,635

TOTAL EXPENSES $627,861

Year-over-Year Comparison

	2023	2022	Change
Revenue	$588,453	$625,536	-0.1%
Expenses	$627,861	$644,294	0.0%
Net Income	$-39,408	$-18,758	+1.1%

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

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

$85,447

Total Directors

$22,182

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN WOKATY	GENERAL DIRE	40.00	Officer	$63,265	$0	$63,265
DAVID R SHUMATE	CHAIRMAN/TRE	40.00	Officer Director	$22,182	$0	$22,182
FERNANDO MONTT	DIRECTOR	N/A	Director	$0	$0	$0
DANIEL OLDHAM	DIRECTOR	N/A	Director	$0	$0	$0
DAVID CORTES PLATA	DIRECTOR	N/A	Officer Director	$0	$0	$0
KEVIN SCHAAL	DIRECTOR	N/A	Director	$0	$0	$0
HERB TAYLOR	DIRECTOR	N/A	Director	$0	$0	$0
STEVEN M RUBIO	VICE-PRESIDE	N/A	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$588,453	$627,861	$318,858	$-39,408
2022	$625,536	$644,294	$323,733	$-18,758
2021	$632,813	$629,771	$363,660	$3,042
2020	$518,815	$515,313	$346,116	$3,502
2019	$553,917	$561,930	$341,356	$-8,013
2018	$616,348	$628,847	$348,525	$-12,499

MEXICAN GOSPEL MISSION INC