Overview
What is Gospel Minutes Publications Inc?
Gospel Minutes Publications Inc, situated in Fort Worth, Texas, is a nonprofit organization that dedicates its efforts to disseminating religious materials. During 2022, they printed and mailed 36,329 periodicals weekly, in addition to publishing 200 bound volumes of religious work. Their outreach extends beyond individual subscribers, as they send an average of 195 copies to prisoners and distribute bulk packages to prisons and prison chaplains each week, totaling 695 copies. Their primary mission is to publish, print, and mail the Gospel Minutes, a periodical, as well as other religious books and bound volumes. The organization's workforce consists of 8 dedicated individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 67%)
Gospel Minutes Publications Inc has received a two-star rating from Charity Navigator, indicating that improvements are needed within the organization. While the nonprofit excels in various financial metrics, such as a high program expense ratio of 93% and a low liabilities to assets ratio at 3.93%, these strengths are overshadowed by significant gaps in transparency and compliance. The absence of financial statements and required policies detracts from their accountability score.
The organization demonstrates a strong governance structure with an independent board, receiving full points for the majority of independent board members and the size of the board. They also successfully document board meeting minutes and show no material diversion of assets, reflecting responsible management of resources. However, the lack of a conflict of interest policy and other key governance documents raises concerns about operational integrity.
Overall, while Gospel Minutes Publications Inc shows potential through its financial management and governance practices, the missing documentation and policies highlight areas that require urgent attention for better accountability and public trust. Addressing these issues could significantly enhance their rating and overall effectiveness in fulfilling their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Gospel Minutes Publications Inc legitimate?
Gospel Minutes Publications Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gospel Minutes Publications Inc 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: $76,335
Professional Fundraising Fees: $0
Other Salaries and Wages: $129,487
For more financial information, click here
What is the mission statement of Gospel Minutes Publications Inc?
Gospel Minutes Publications Inc's primary mission is to disseminate religious literature. Specifically, they publish, print, and distribute the Gospel Minutes periodical, along with other religious books and bound volumes. Their activities extend beyond just publication, as they also mail these materials to various recipients. During 2022, they printed and mailed 36,329 periodicals weekly and published 200 bound volumes of religious work. They also send individual copies of the periodical to an average of 195 prisoners weekly and bulk packages to 21 prisons and prison chaplains. Furthermore, they mail an average of 8,349 periodicals weekly directly to individuals.
What is the revenue of Gospel Minutes Publications Inc?
Gospel Minutes Publications Inc's revenue in 2024 was $576,813.
Who are the executives of Gospel Minutes Publications Inc and what are their salaries?
The average compensation at Gospel Minutes Publications Inc during 2024 was $22,869. There are 9 employees at Gospel Minutes Publications Inc.
Here are 4 key members and their salaries:
- Compensation: $39,835
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $31,500
- Related: $0
- Other: $0
Where can I find the form 990 for Gospel Minutes Publications Inc?
Gospel Minutes Publications Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Gospel Minutes Publications Inc
Gospel Minutes Publications Inc is an organization dedicated to disseminating religious literature. Their primary mission involves publishing, printing, and mailing out periodicals and bound volumes of a religious nature. This nonprofit organization goes beyond just printing materials, as they also distribute these religious publications widely, ensuring that the message reaches a broad audience. In 2022 alone, they printed and mailed 36,329 periodicals weekly and published 200 bound volumes of religious works. Furthermore, Gospel Minutes Publications Inc extends its reach to prisoners by sending individual copies to 195 prisoners each week and delivering bulk packages to 21 prisons and prison chaplains, totalling 695 periodicals. In addition, they directly mail an average of 8,349 periodicals weekly to individual recipients.
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Impact
July, 2024
Gospel Minutes Publications Inc's impact lies in its widespread dissemination of religious literature, particularly through the regular printing, mailing, and distribution of the Gospel Minutes periodical and other religious books and volumes. In 2022, the organization printed and mailed 36,329 periodicals weekly and published 200 bound volumes of religious work. Additionally, they sent an average of 195 individual copies to prisoners each week and mailed 695 periodicals in bulk packages to prisons and prison chaplains. Furthermore, Gospel Minutes sent an average of 8,349 periodicals weekly directly to individuals. Through these efforts, the organization plays a vital role in sharing religious messages and literature with a broad audience, including prisoners and individuals seeking spiritual guidance.
This information is meant to be a general summary of Gospel Minutes Publications Inc. 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 2024.
- Investment Income: $14,480
- Program Service Revenue: $443,095
- Gross Receipts: $576,813
Assets and Liabilities:
- Total Assets: $33,445
- Total Liabilities: $1,663
- Net Assets: $31,782
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRINTING AND PUBLISHIN
Revenue
$443,095
Organization Details
Founding Year
1964
Principal Officer
Jud Thurman
NTEE Category
Code: X80 - Religion related
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