X โ€” Religion-RelatedEIN: 232306606ยท Ruling Year: 2003

Gospel Express Evangelistic Team Ministry Inc

Lynn, North Carolina

BHealth Score
61B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

๐Ÿ’ฐ
$2.3M
Total Revenue
๐Ÿ“Š
$2.5M
Total Expenses
๐Ÿฆ
$2.3M
Net Assets
๐Ÿ“‹
$94K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-11.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.89
Net assets divided by total expenses
Liabilities-to-Assets
4.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,273,010โ†‘13%$2,532,704โ†‘24%$2,344,706โ†“9%
2022$2,015,231โ†“16%$2,036,347โ†‘28%$2,577,819โ†“1%
2021$2,404,161โ†‘26%$1,584,758โ†“10%$2,615,577โ†‘75%
2020$1,901,732โ†‘67%$1,769,159โ†‘47%$1,496,331โ†‘8%
2019$1,141,005โ†“10%$1,204,231โ†‘8%$1,386,866โ†“11%
2018$1,266,829โ†“6%$1,111,369โ†‘11%$1,559,931โ†‘12%
2017$1,345,451โ†‘15%$1,005,367โ†“4%$1,395,866โ†‘36%
2016$1,166,137โ†“3%$1,048,746$1,027,872โ†‘9%
2015$1,198,215โ†‘6%$1,043,927โ†‘12%$939,689โ†‘17%
2014$1,125,638โ†‘15%$932,815$803,664โ†‘35%
2013$982,762โ†‘8%$934,252โ†‘5%$595,485โ†‘12%
2012$906,955โ†‘2%$886,158โ†‘4%$532,061โ†‘4%
2011$891,701$854,651$510,168

Frequently Asked Questions

What does Gospel Express Evangelistic Team Ministry Inc do?โ–ผ

Gospel Express Evangelistic Team Ministry Inc is a religion-related nonprofit organization based in North Carolina. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Gospel Express Evangelistic Team Ministry Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Gospel Express Evangelistic Team Ministry Inc has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Gospel Express Evangelistic Team Ministry Inc generate?โ–ผ

Gospel Express Evangelistic Team Ministry Inc reports $2.5M in annual revenue and holds $2.2M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Religion-Related category, or browse all nonprofits in North Carolina.

Gospel Express Evangelistic Team Ministry Inc โ€” Lynn, NC | GiveScope