Gospel Friendships Inc is located in Hatfield, PA. The organization was established in 1999. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gospel Friendships Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Gospel Friendships Inc generated $33.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $46.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE LONG-TERM GOSPEL FRIENDSHIPS AMONG CHRISTIANS,IN ORDER TO FOSTER ONGOING REVIVAL IN CHRISTIAN CHURCHES,LEADING TO FULFILLMENT OF THE GREAT COMMISSION(MATT 28:18-20)
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
D Dwight Coffey Treasurer | 2 | $0 | |
David Mccarty Executive Direc | 40 | $24,806 | |
Sharon Hall Secretary | 2 | $0 | |
Rev Tim Bathurst Chairman | 2 | $0 | |
Mike Major Board Member | 2 | $0 | |
Jeff Mcmullen Board Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,547 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,547 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,429 |
| Professional fees and other payments to independent contractors | $900 |
| Occupancy, rent, utilities, and maintenance | $3,500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,262 |
| Total expenses | $46,091 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,377 |
| Other assets | $0 |
| Total assets | $15,040 |
| Total liabilities | $518 |
| Net assets or fund balances | $14,522 |