New York Gospel Ministries Inc
- Assets
- $42.5k
- Revenue
- $67.3k
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 02/2002
- Data as of
- 12/2021
- EIN
- 36-4394298
Organization Overview
New York Gospel Ministries Inc is located in New York, NY. The organization was established in 2002. 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. New York Gospel Ministries 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 12/2021, New York Gospel Ministries Inc generated $67.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $88.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, New York Gospel Ministries Inc has awarded 12 individual grants totaling $335,878. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RELIGIOUS EVANGELISM, INSTRUCTION, AND CHURCH PLANTING
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW YORK GOSPEL MINISTRIES HELD FIVE DIFFERENT CHAPEL SERVICES EVERY WEEK. ONE SERVICE WAS IN MANDARIN, ONE IN SPANISH AND THREE IN ENGLISH. THEY WERE OPEN TO THE PUBLIC AND HAD AN ATTENDANCE THAT AVERAGED 200 DIFFERENT PEOPLE EVERY WEEK. TEACHING THE WORD OF GOD AND PRAYING WITH PEOPLE TOOK PLACE. NYGM ALSO HAS AN INTERNSHIP PROGRAM, WITH TWO INDIVIDUALS PARTICIPATING IN 2021. WE ALSO SCHEDULED NINETEEN DIFFERENT MISSION TEAMS WHO CAME TO THE CITY TO HELP IN OUR EVANGELISTIC OUTREACHES HELD AT DIFFERENT LOCATIONS THROUGHOUT THE CITY. THE GOSPEL OF GOD WAS SHARED AND CHRISTIAN LITERATURE WAS DISTRIBUTED,
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William R Jones President & Exec Director | Officer | 0 | $2,359 |
David Martindale Treasurer | OfficerTrustee | 0 | $0 |
Rick Cross Secretary & Director | OfficerTrustee | 0 | $0 |
Steven Lee Director | Trustee | 0 | $0 |
Mark Mincy Director | Trustee | 0 | $0 |
Johnny Serafini Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $67,063 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,063 |
| Total Program Service Revenue | $209 |
| Investment income | $33 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $67,305 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,359 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,921 |
| Travel | $188 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,975 |
| All other expenses | $167 |
| Total functional expenses | $88,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,373 |
| Savings and temporary cash investments | $35,171 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $42,544 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $42,544 |
| Total liabilities and net assets/fund balances | $42,544 |
Grants Awarded
Over the last fiscal year, New York Gospel Ministries Inc has awarded $48,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MANOR COMMUNITY CHURCH INC PURPOSE: Assistance with expenses | $48,000 |
New York, NY | | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New York Gospel Ministries Inc has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Baird Foundation Inc Milwaukee, WI PURPOSE: EDUCATION | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Pottstown Cluster Of Religious Communities Pottstown, PA | $2,620,724 | $10,453,372 |
Evangelical Lutheran Church In America Bala Cynwyd, PA | $32,181,411 | $7,233,386 |
Liberty Ministries Schwenksville, PA | $7,484,398 | $10,564,649 |
Infaith Exton, PA | $8,050,176 | $8,512,203 |
Faith And Liberty Discovery Center Llc Philadelphia, PA | $52,138,123 | $36,453,224 |
The Lehigh Conference Of Churches Allentown, PA | $5,159,637 | $6,852,485 |
Family Life Ministries Inc Bath, NY | $17,860,923 | $9,093,458 |
Revival Today Inc Coraopolis, PA | $3,527,632 | $7,706,926 |
Christian Churches United Of The Tri-County Area Harrisburg, PA | $2,164,616 | $5,131,299 |
Lutheran Social Mission Society Of Philadelphia Philadelphia, PA | $4,708,767 | $5,481,432 |
Urbanpromise Ministries Inc Camden, NJ | $8,769,553 | $6,909,584 |
Broad Street Ministry Philadelphia, PA | $9,567,568 | $4,465,322 |