BISHOP GILBERT EARL PATTERSON MINISTRY

EIN: 933687901 501(c)(3) Human Services

MEMPHIS, TN

Total Revenue
$2,508,790
Total Expenses
$19,180
Total Assets
$2,499,682
Net Assets
$2,499,180
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
TN
Principal Officer
DOREEN GRAVES
Phone
8778295500
Tax Period
2023-09-01 to 2024-06-30

BISHOP GILBERT EARL PATTERSON MINISTRY, founded in 2023, is a community nonprofit in the Human Services sector that reported $2.5M in total revenue in fiscal year 2023. The organization ran a surplus of $2.5M, a strong 99% operating margin.

Mission

THE VISION AND MISSION OF THE BISHOP GILBERT EARL PATTERSON MINISTRY IS TO CONTINUE TO LIVE OUT THE GOSPEL OF JESUS CHRIST ACROSS THE WORLD, GUIDED BY THE TEACHINGS AND LEGACY OF BISHOP GILBERT EARL PATTERSON. WE ASPIRE TO SERVE THE TOTAL PERSON, AS A BEACON OF BOTH SPIRITUAL ENRICHMENT AND PRACTICAL SERVICE, NURTURING SOULS AND TRANSFORMING LIVES. THROUGH UNWAVERING DEDICATION, WE AIM TO BUILD A GLOBAL COMMUNITY UNITED BY FAITH, COMPASSION, AND SERVICE, MAKING A LASTING IMPACT FOR GENERATIONS TO COME.

Program Service Accomplishments

Program 1
Expenses: $101 Revenue: $0

BISHOP GE PATTERSON MINISTRY STARTUP PHASE - FY2023- 2024, ENDING JUNE 30, 2024, WAS THE FIRST YEAR OF INCORPORATION FOR THE BISHOP GE PATTERSON MINISTRY. THE ORGANIZATION'S ACTIVITY AND RELATED...

Read more

BISHOP GE PATTERSON MINISTRY STARTUP PHASE - FY2023- 2024, ENDING JUNE 30, 2024, WAS THE FIRST YEAR OF INCORPORATION FOR THE BISHOP GE PATTERSON MINISTRY. THE ORGANIZATION'S ACTIVITY AND RELATED FINANCIAL TRANSACTIONS TOOK PLACE ONLY IN APRIL-JUNE OF 2024. AS SUCH, THE ORGANIZATION'S PROGRAMMING WAS NOT YET OPERATIONAL. INSTEAD, THESE FIRST FEW MONTHS OF INCORPORATED OPERATIONS WERE DEDICATED TO BUILDING BASIC INFRASTRUCTURE, INCLUDING HIRING KEY ADMINISTRATIVE LEADERSHIP STAFF MEMBERS AND CONTRACTING CONSULTANTS WITH CRITICAL ADMINISTRATIVE SKILL SETS TO BEGIN CREATING THE FRAMEWORKS FOR THE ORGANIZATION'S PLANNED LONG-TERM ACTIVITIES RELATED TO FULFILLMENT OF ITS MISSION.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,498,889
Program Service Revenue $0
Investment Income $9,901
Other Revenue $0
TOTAL REVENUE $2,508,790

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,773
Fundraising Expenses $0
Program Expenses $101
Other Expenses $2,407
TOTAL EXPENSES $19,180

Year-over-Year Comparison

2023 2022 Change
Revenue $2,508,790 N/A N/A
Expenses $19,180 N/A N/A
Net Income $2,489,610 $0 N/A
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

Sign In

Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
4

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
5
$15,000
Total Directors
5
$15,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RHONDA PARKS SENIOR VP 2
Officer Director
$0 $15,000 $15,000
DOREEN GRAVES PRESIDENT & CEO 2
Officer Director
$0 $0 $0
EARL SHANNON TREASURER 2
Officer Director
$0 $0 $0
BLANCHARD TUAL VP 2
Officer Director
$0 $0 $0
BRIAN MASTERS SECRETARY 2
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
2025 No data No data No data No data
2024 $2,508,790 $19,180 $2,499,682 $2,489,610
Explore More Nonprofits
→Top 100 Nonprofits in Tennessee →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BISHOP GILBERT EARL PATTERSON MINISTRY with other nonprofits in Tennessee and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.