The Gospel Mission
EIN: 420819319 · Sioux City, IA · NTEE: P600
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $3.3M |
| Net Assets | $5.1M |
Is The Gospel Mission Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Gospel Mission
The Gospel Mission (EIN: 420819319) is a nonprofit organization based in Sioux City, IA, classified under NTEE code P600. The organization reported total revenue of $3.6M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Gospel Mission's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Gospel Mission is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $3.3M |
| Surplus / Deficit | $-368,534 |
| Total Assets | $5.7M |
| Total Liabilities | $590K |
| Net Assets | $5.1M |
| Operating Margin | -12.7% |
| Debt-to-Asset Ratio | 10.4% |
| Months of Reserves | 20.9 months |
Financial Health Grade: B
In 2023, The Gospel Mission reported a deficit of $369K with expenses exceeding revenue, holds 20.9 months of operating reserves (strong position), has a debt-to-asset ratio of 10.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Gospel Mission's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.0% | -4.3% | -7.4% |
| 2022 | +4.8% | -3.2% | +19.7% |
| 2021 | +6.0% | +5.7% | +3.7% |
| 2020 | +6.7% | -3.6% | +3.6% |
| 2019 | +7.7% | +8.0% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Gospel Mission 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 The Gospel Mission 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 $369K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.4%.
Frequently Asked Questions about The Gospel Mission
Is The Gospel Mission a legitimate charity?
Based on AI analysis of IRS 990 filings, The Gospel Mission (EIN: 420819319) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Gospel Mission spend its money?
Detailed spending breakdown data is not yet available for The Gospel Mission. Check back for updated IRS 990 analysis.
Are donations to The Gospel Mission tax-deductible?
The Gospel Mission is registered as a tax-exempt nonprofit (EIN: 420819319). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Gospel Mission located?
The Gospel Mission is headquartered in Sioux City, Iowa and files with the IRS under EIN 420819319. It is classified under NTEE code P600.
How many years of IRS 990 filings does The Gospel Mission have?
The Gospel Mission 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 $3.6M in total revenue.
Filing History
IRS 990 filing history for The Gospel Mission showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Gospel Mission's revenue has grown by 0.5%, moving from $2.9M to $2.9M. Total assets increased by 9.6% over the same period, from $5.2M to $5.7M. Total functional expenses rose by 19.4%, from $2.7M to $3.3M. In its most recent filing year (2023), The Gospel Mission reported a deficit of $369K, with expenses exceeding revenue. The organization holds $590K in liabilities against $5.7M in assets (debt-to-asset ratio: 10.4%), resulting in net assets of $5.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $3.3M | $5.7M | $590K | — | View 990 |
| 2022 | $3.9M | $3.4M | $6.1M | $709K | — | View 990 |
| 2021 | $3.7M | $3.5M | $5.1M | $91K | — | View 990 |
| 2020 | $3.5M | $3.3M | $4.9M | $91K | — | View 990 |
| 2019 | $3.3M | $3.5M | $4.8M | $76K | — | View 990 |
| 2018 | $3.0M | $3.2M | $4.9M | $68K | — | View 990 |
| 2017 | $3.1M | $3.0M | $5.1M | $64K | — | View 990 |
| 2016 | $3.0M | $3.0M | $5.1M | $69K | — | View 990 |
| 2015 | $3.4M | $3.3M | $5.1M | $64K | — | View 990 |
| 2014 | $3.2M | $3.1M | $5.0M | $53K | — | View 990 |
| 2013 | $3.1M | $3.0M | $4.9M | $52K | — | View 990 |
| 2012 | $3.5M | $3.1M | $5.0M | $259K | — | View 990 |
| 2011 | $2.9M | $2.7M | $5.2M | $887K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $3.3M, and assets of $5.7M (revenue -25.0% year-over-year).
- 2022: Revenue of $3.9M, expenses of $3.4M, and assets of $6.1M (revenue +4.8% year-over-year).
- 2021: Revenue of $3.7M, expenses of $3.5M, and assets of $5.1M (revenue +6.0% year-over-year).
- 2020: Revenue of $3.5M, expenses of $3.3M, and assets of $4.9M (revenue +6.7% year-over-year).
- 2019: Revenue of $3.3M, expenses of $3.5M, and assets of $4.8M (revenue +7.7% year-over-year).
- 2018: Revenue of $3.0M, expenses of $3.2M, and assets of $4.9M (revenue -1.6% year-over-year).
- 2017: Revenue of $3.1M, expenses of $3.0M, and assets of $5.1M (revenue +3.7% year-over-year).
- 2016: Revenue of $3.0M, expenses of $3.0M, and assets of $5.1M (revenue -13.6% year-over-year).
- 2015: Revenue of $3.4M, expenses of $3.3M, and assets of $5.1M (revenue +7.7% year-over-year).
- 2014: Revenue of $3.2M, expenses of $3.1M, and assets of $5.0M (revenue +3.3% year-over-year).
- 2013: Revenue of $3.1M, expenses of $3.0M, and assets of $4.9M (revenue -11.6% year-over-year).
- 2012: Revenue of $3.5M, expenses of $3.1M, and assets of $5.0M (revenue +21.3% year-over-year).
- 2011: Revenue of $2.9M, expenses of $2.7M, and assets of $5.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Gospel Mission:
Data Sources and Methodology
This transparency report for The Gospel Mission 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.