Gospel Nuggets Inc
- Assets
- $165.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Monroe, LA
- Founding
- 03/1977
- Data as of
- 02/2022
- EIN
- 72-0809822
Organization Overview
Gospel Nuggets Inc is located in West Monroe, LA. The organization was established in 1977. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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 Nuggets 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 02/2022, Gospel Nuggets Inc generated $192.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $153.8k during the year ending 02/2022. While expenses have increased by 1.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
EVANGELISTIC SERVICES, NEWSLETTERS, MINISTRY TO AMERICAN INDIANS, CORRESPONDENCE COURSES, PRINTING CHRISTIAN LITERATURE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,375 |
| 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 | $192,375 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,744 |
| Professional fees and other payments to independent contractors | $18,297 |
| Occupancy, rent, utilities, and maintenance | $11,578 |
| Printing, publications, postage, and shipping | $40,116 |
| Other expenses | $33,109 |
| Total expenses | $153,844 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,498 |
| Other assets | $0 |
| Total assets | $165,844 |
| Total liabilities | $0 |
| Net assets or fund balances | $165,844 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gospel Nuggets Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
John 3 16 Frontier Mission Mission, TX PURPOSE: TO PROVIDE FREE CHRISTIAN LITERATURE | $3,000 |
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Village At Gleannloch Farms Inc Austin, TX | $0 | $0 |
City Of Faith Prison Ministries Monroe, LA | $6,013,159 | $9,077,995 |
Usatransform Southlake, TX | $4,678,487 | $10,648,450 |
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Powerpoint Ministries Plano, TX | $1,308,223 | $5,704,956 |
Permanent Endowment Fund Of The Moody Memorial First United Method Galveston, TX | $123,313,594 | $19,045,257 |
Greater St Stephen Ministries New Orleans, LA | $35,746,422 | $4,835,716 |
La Promesa Foundation Midland, TX | $6,255,131 | $5,059,198 |
One For Israel Colleyville, TX | $0 | $2,679,837 |