Spoken Gospel Inc
EIN: 462951899 · Edmond, OK · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $1.1M |
| Net Assets | $381K |
Is Spoken Gospel Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Spoken Gospel Inc
Spoken Gospel Inc (EIN: 462951899) is a nonprofit organization based in Edmond, OK, classified under NTEE code X20. The organization reported total revenue of $1.0M and total assets of $427K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spoken Gospel Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spoken Gospel Inc is a mid-size nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 31.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $995K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-93,475 |
| Total Assets | $437K |
| Total Liabilities | $56K |
| Net Assets | $381K |
| Operating Margin | -9.4% |
| Debt-to-Asset Ratio | 12.8% |
| Months of Reserves | 4.8 months |
Financial Health Grade: B
In 2023, Spoken Gospel Inc reported a deficit of $93K with expenses exceeding revenue, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 12.8% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Spoken Gospel Inc's revenue has grown at a compound annual growth rate (CAGR) of 31.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.4% | +17.6% | -17.0% |
| 2022 | +66.6% | +51.7% | +42.9% |
| 2021 | +0.7% | +28.2% | +1.3% |
| 2020 | +56.3% | +19.6% | +84.2% |
| 2019 | +2.6% | +42.8% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Spoken Gospel 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 Spoken Gospel 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 $93K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.8%.
Frequently Asked Questions about Spoken Gospel Inc
Is Spoken Gospel Inc a legitimate charity?
Spoken Gospel Inc (EIN: 462951899) is a registered tax-exempt nonprofit based in Oklahoma. It has 11 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. Financial health grade: B.
How does Spoken Gospel Inc spend its money?
Spoken Gospel Inc reported $1.0M in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Spoken Gospel Inc tax-deductible?
Spoken Gospel Inc is registered as a tax-exempt nonprofit (EIN: 462951899). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Spoken Gospel Inc located?
Spoken Gospel Inc is headquartered in Edmond, Oklahoma and files with the IRS under EIN 462951899. It is classified under NTEE code X20.
How many years of IRS 990 filings does Spoken Gospel Inc have?
Spoken Gospel Inc has 11 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Spoken Gospel Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Spoken Gospel Inc's revenue has grown by 1402.3%, moving from $66K to $995K. Total assets increased by 8285.6% over the same period, from $5K to $437K. Total functional expenses rose by 1407.2%, from $72K to $1.1M. In its most recent filing year (2023), Spoken Gospel Inc reported a deficit of $93K, with expenses exceeding revenue. The organization holds $56K in liabilities against $437K in assets (debt-to-asset ratio: 12.8%), resulting in net assets of $381K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $995K | $1.1M | $437K | $56K | — | — |
| 2022 | $1.0M | $926K | $527K | $90K | — | View 990 |
| 2021 | $612K | $610K | $368K | $6K | — | — |
| 2020 | $607K | $476K | $364K | $3K | — | View 990 |
| 2019 | $388K | $398K | $198K | $3K | — | View 990 |
| 2018 | $379K | $279K | $203K | $9K | — | View 990 |
| 2017 | $177K | $152K | $0 | $0 | — | View 990 |
| 2016 | $171K | $160K | $76K | $5K | — | View 990 |
| 2015 | $217K | $194K | $60K | $0 | — | View 990 |
| 2014 | $222K | $190K | $38K | $0 | — | View 990 |
| 2013 | $66K | $72K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $995K, expenses of $1.1M, and assets of $437K (revenue -2.4% year-over-year).
- 2022: Revenue of $1.0M, expenses of $926K, and assets of $527K (revenue +66.6% year-over-year).
- 2021: Revenue of $612K, expenses of $610K, and assets of $368K (revenue +0.7% year-over-year).
- 2020: Revenue of $607K, expenses of $476K, and assets of $364K (revenue +56.3% year-over-year).
- 2019: Revenue of $388K, expenses of $398K, and assets of $198K (revenue +2.6% year-over-year).
- 2018: Revenue of $379K, expenses of $279K, and assets of $203K (revenue +113.8% year-over-year).
- 2017: Revenue of $177K, expenses of $152K, and assets of $0 (revenue +3.5% year-over-year).
- 2016: Revenue of $171K, expenses of $160K, and assets of $76K (revenue -21.0% year-over-year).
- 2015: Revenue of $217K, expenses of $194K, and assets of $60K (revenue -2.3% year-over-year).
- 2014: Revenue of $222K, expenses of $190K, and assets of $38K (revenue +235.1% year-over-year).
- 2013: Revenue of $66K, expenses of $72K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spoken Gospel Inc:
Data Sources and Methodology
This transparency report for Spoken Gospel 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.