GOSPEL PATRONS INC (EIN 953917018) - 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

1984

Legal Domicile

Principal Officer

JOHN RINEHART

Phone

5623316056

Tax Period

2024-01-01 to 2024-12-31

GOSPEL PATRONS INC, founded in 1984, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $1.6M exceeded revenue, resulting in a 34% operating deficit.

Mission

EVANGELISM CHURCH GROWTH ACTIVITIES DIRECTED TOWARD REACHING EQUIPPING CHRISTIANS FOR THE WORK OF THE CHRISTIAN GOSPEL

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,048,571

Program Service Revenue $119,362

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,167,933

Expense Breakdown

Grants Paid $0

Salaries & Benefits $542,153

Fundraising Expenses $0

Program Expenses $1,559,259

Other Expenses $1,025,385

TOTAL EXPENSES $1,567,538

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,167,933	$853,720	+0.4%
Expenses	$1,567,538	$1,033,933	+0.5%
Net Income	$-399,605	$-180,213	+1.2%

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

$150,000

Total Directors

$150,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN RINEHART	PRESIDENT	40.00	Officer Director	$150,000	$0	$150,000
RENEE RINEHART	TREASURER	20.00	Officer Director	$0	$0	$0
BRANT NAVE	CHAIRMAN	5.00	Officer Director	$0	$0	$0
ROBERT SHANK	DIRECTOR	2.00	Director	$0	$0	$0
DOUG COBB	DIRECTOR	2.00	Director	$0	$0	$0
DAVID GUZIK	SECRETARY	5.00	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	$1,167,933	$1,567,538	$73,244	$-399,605
2023	$853,720	$1,033,933	$472,567	$-180,213
2022	$657,496	$477,204	$802,262	$180,292
2022	$304,995	$460,354	$646,953	$-155,359
2021	$914,539	$522,480	$621,913	$392,059

GOSPEL PATRONS INC