Gospel Carrier International Inc
EIN: 521837801 · Gaithersburg, MD · NTEE: X99Z
| Metric | Value |
|---|---|
| Total Revenue | $165K |
| Total Expenses | $271K |
| Net Assets | $954K |
Is Gospel Carrier International Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gospel Carrier International Inc
Gospel Carrier International Inc (EIN: 521837801) is a nonprofit organization based in Gaithersburg, MD, classified under NTEE code X99Z. The organization reported total revenue of $165K and total assets of $946K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gospel Carrier International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gospel Carrier International Inc is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $139K |
| Total Expenses | $271K |
| Surplus / Deficit | $-131,749 |
| Total Assets | $1.0M |
| Total Liabilities | $75K |
| Net Assets | $954K |
| Operating Margin | -94.5% |
| Debt-to-Asset Ratio | 7.3% |
| Months of Reserves | 45.5 months |
Financial Health Grade: B
In 2023, Gospel Carrier International Inc reported a deficit of $132K with expenses exceeding revenue, holds 45.5 months of operating reserves (strong position), has a debt-to-asset ratio of 7.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Gospel Carrier International Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -69.6% | +0.2% | -12.2% |
| 2022 | +83.7% | -5.4% | +10.6% |
| 2021 | +5.9% | +7.6% | +6.7% |
| 2020 | +0.3% | +10.1% | -0.8% |
| 2019 | -9.3% | -6.2% | +4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gospel Carrier International Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gospel Carrier International Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $132K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.3%.
Frequently Asked Questions about Gospel Carrier International Inc
Is Gospel Carrier International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gospel Carrier International Inc (EIN: 521837801) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gospel Carrier International Inc spend its money?
Detailed spending breakdown data is not yet available for Gospel Carrier International Inc. Check back for updated IRS 990 analysis.
Are donations to Gospel Carrier International Inc tax-deductible?
Gospel Carrier International Inc is registered as a tax-exempt nonprofit (EIN: 521837801). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gospel Carrier International Inc located?
Gospel Carrier International Inc is headquartered in Gaithersburg, Maryland and files with the IRS under EIN 521837801. It is classified under NTEE code X99Z.
How many years of IRS 990 filings does Gospel Carrier International Inc have?
Gospel Carrier International Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $165K in total revenue.
Filing History
IRS 990 filing history for Gospel Carrier International Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gospel Carrier International Inc's revenue has declined by 39.6%, moving from $231K to $139K. Total assets increased by 12.2% over the same period, from $917K to $1.0M. Total functional expenses fell by 4.1%, from $283K to $271K. In its most recent filing year (2023), Gospel Carrier International Inc reported a deficit of $132K, with expenses exceeding revenue. The organization holds $75K in liabilities against $1.0M in assets (debt-to-asset ratio: 7.3%), resulting in net assets of $954K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $139K | $271K | $1.0M | $75K | — | View 990 |
| 2022 | $460K | $271K | $1.2M | $176K | — | View 990 |
| 2021 | $250K | $286K | $1.1M | $197K | — | View 990 |
| 2020 | $236K | $266K | $993K | $214K | — | View 990 |
| 2019 | $235K | $242K | $1.0M | $228K | — | View 990 |
| 2018 | $259K | $257K | $957K | $248K | — | View 990 |
| 2017 | $363K | $154K | $789K | $53K | — | View 990 |
| 2016 | $178K | $170K | $566K | $50K | — | View 990 |
| 2015 | $205K | $264K | $551K | $52K | — | View 990 |
| 2014 | $288K | $365K | $611K | $50K | — | View 990 |
| 2013 | $187K | $271K | $685K | $50K | — | View 990 |
| 2012 | $209K | $348K | $759K | $51K | — | View 990 |
| 2011 | $231K | $283K | $917K | $71K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $139K, expenses of $271K, and assets of $1.0M (revenue -69.6% year-over-year).
- 2022: Revenue of $460K, expenses of $271K, and assets of $1.2M (revenue +83.7% year-over-year).
- 2021: Revenue of $250K, expenses of $286K, and assets of $1.1M (revenue +5.9% year-over-year).
- 2020: Revenue of $236K, expenses of $266K, and assets of $993K (revenue +0.3% year-over-year).
- 2019: Revenue of $235K, expenses of $242K, and assets of $1.0M (revenue -9.3% year-over-year).
- 2018: Revenue of $259K, expenses of $257K, and assets of $957K (revenue -28.5% year-over-year).
- 2017: Revenue of $363K, expenses of $154K, and assets of $789K (revenue +104.0% year-over-year).
- 2016: Revenue of $178K, expenses of $170K, and assets of $566K (revenue -13.3% year-over-year).
- 2015: Revenue of $205K, expenses of $264K, and assets of $551K (revenue -28.8% year-over-year).
- 2014: Revenue of $288K, expenses of $365K, and assets of $611K (revenue +54.2% year-over-year).
- 2013: Revenue of $187K, expenses of $271K, and assets of $685K (revenue -10.6% year-over-year).
- 2012: Revenue of $209K, expenses of $348K, and assets of $759K (revenue -9.5% year-over-year).
- 2011: Revenue of $231K, expenses of $283K, and assets of $917K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gospel Carrier International Inc:
Data Sources and Methodology
This transparency report for Gospel Carrier International Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.