Overview
What is Gospel Book & Tract Depot?
Gospel Book & Tract Depot is a nonprofit organization situated in Valley Cottage, New York. Its primary role is to serve as an intermediary, facilitating financial transfers from contributors to publishers of religious materials such as Bibles, hymn books, and gospel tracts. The organization's mission is centered around the distribution of these printed ministry materials across North America. As a not-for-profit entity, Gospel Book & Tract Depot plays a significant role in the dissemination of spiritual literature and resources, contributing to the Christian community in North America.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Three-Star out of Four Stars (87%)
Gospel Book & Tract Depot has received a Three-Star rating from Charity Navigator, reflecting an overall score of 87%. This rating is based solely on its Accountability & Finance metrics, highlighting the organization’s commitment to transparency and responsible financial practices. A score of 87 indicates that the nonprofit is performing well in these areas, which is crucial for maintaining donor trust and effectiveness.
The organization excels in several key aspects of governance and finance. It boasts a fully independent board with 100% of board members meeting the criteria for independence, and it has no material diversion of assets. Additionally, the organization has robust policies in place, such as documented conflict of interest policies and a clear document retention plan, all contributing to its strong accountability profile.
While the organization scores highly in its financial practices, potential donors should also consider that this rating does not take into account other factors like impact or program effectiveness. Nonetheless, with a program expense ratio of 94.37%, the majority of funds are being directed toward its mission, suggesting that the organization prioritizes its core activities.
This AI summary has been generated from information found on Charity Navigator.
Is Gospel Book & Tract Depot legitimate?
Gospel Book & Tract Depot is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gospel Book & Tract Depot submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Gospel Book & Tract Depot?
The Gospel Book & Tract Depot, established as a not-for-profit organization, primarily serves as an intermediary to facilitate the transfer of funds from subscribers to publishers of religious materials such as Bibles, hymn books, and gospel tracts in England. Its primary mission is also to aid in the distribution of these publications within North America. In essence, the Gospel Book & Tract Depot plays a role in promoting and disseminating religious literature across North America.
Who is the CEO of Gospel Book & Tract Depot?
Jim Johnstone is the Secretary/Treasurer of Gospel Book & Tract Depot.
What is the revenue of Gospel Book & Tract Depot?
Gospel Book & Tract Depot's revenue in 2022 was $574,023.
Who are the executives of Gospel Book & Tract Depot and what are their salaries?
There 35 volunteers at Gospel Book & Tract Depot.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Gospel Book & Tract Depot?
Gospel Book & Tract Depot's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gospel Book & Tract Depot
Gospel Book & Tract Depot, established as a not-for-profit organization in New York State, primarily functions as an intermediary. Its main objective is to facilitate the transfer of funds from subscribers to publishers of religious materials such as Bibles, hymn books, and gospel tracts, originating from England. Furthermore, Gospel Book & Tract Depot plays a significant role in distributing these publications across North America. By serving as an agent between subscribers and publishers, and overseeing the dissemination of these materials, the organization contributes to the spread of religious literature and ministry materials throughout North America.
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Impact
July, 2024
Gospel Book & Tract Depot's impact lies in its dedicated efforts to facilitate the printing and distribution of vital ministry materials throughout North America. By acting as an intermediary between subscribers and publishers of bibles, hymn books, gospel tracts, and other Christian literature, the organization plays a crucial role in supporting the dissemination of these materials for the spiritual enrichment of communities. Through its mission-focused approach, Gospel Book & Tract Depot contributes to the spread of religious teachings and messages, ultimately fostering a greater connection to faith and spirituality across the region.
This information is meant to be a general summary of Gospel Book & Tract Depot. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $131
- Program Service Revenue: $573,892
- Gross Receipts: $574,023
Assets and Liabilities:
- Total Assets: $980,258
- Total Liabilities: $0
- Net Assets: $980,258
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBSCRIPTION INCOME
Revenue
$573,892
Organization Details
Founding Year
1934
Phone
(847) 636-0933Principal Officer
Jim Johnstone
Main Address
173 ROUTE 303, VALLEY COTTAGE, NY, 10989
NTEE Category
Code: X83 - Religion related
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