GOSPEL REVIVALS INC (EIN 956001493) - 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

1943

Legal Domicile

Principal Officer

RICH CARMICHEAL

Phone

8124426200

Tax Period

2024-01-01 to 2024-12-31

GOSPEL REVIVALS INC, founded in 1943, is a small nonprofit that reported $803K in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $197K, a strong 25% operating margin.

Mission

CHRISTIAN EVANGELISM THROUGH THE PUBLICATION AND WORLDWIDE DISTRIBUTION OF "HERALD OF HIS COMING"

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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 $768,138

Program Service Revenue $0

Investment Income $34,500

Other Revenue $0

TOTAL REVENUE $802,638

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $223,394

Fundraising Expenses $10,552

Program Expenses $489,948

Other Expenses $372,164

TOTAL EXPENSES $605,558

Year-over-Year Comparison

	2024	2023	Change
Revenue	$802,638	$481,844	+0.7%
Expenses	$605,558	$572,467	+0.1%
Net Income	$197,080	$-90,623	-3.2%

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

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

$84,803

Total Directors

$84,803

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIMBERLY BUTTS	PRESIDENT/TREASURER	1.00	Officer Director	$0	$0	$0
PHILLIP RICHARD CARMICHEAL	VICE PRESIDENT	40.00	Officer Director	$55,454	$29,349	$84,803
TONI COOKSEY	SECRETARY	5.00	Officer Director	$0	$0	$0
PAUL ROBINSON	BOARD MEMBER	1.00	Director	$0	$0	$0
NANCY WELLS	BOARD MEMBER	1.00	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
2024	$802,638	$605,558	$1,204,532	$197,080
2023	$481,844	$572,467	$1,014,441	$-90,623
2022	$828,158	$501,872	$1,105,977	$326,286
2021	$755,073	$510,887	$768,661	$244,186
2020	$691,178	$514,232	$526,477	$176,946
2019	$699,372	$587,008	$350,728	$112,364
2018	$639,538	$604,880	$241,820	$34,658

GOSPEL REVIVALS INC