Public Charity

GOSPEL SYSTEMS

GOSPEL SYSTEMS, of Prosper, TX, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $160K in revenue, $192K in expenses, $48K in total assets. 10 publicly reported grants to this organization, totaling roughly $204K, appear in IRS filings.

EIN: 465148796 Prosper, TX Latest filing: 2024
Total Revenue$160K
Total Expenses$192K
Total Assets$48K
Grant Records10
Funding Total$204K
Filing Years2019–2024

Mission

Gospel Systems Inc. organizes and facilitates programs for developing and supporting leaders in Haiti and Southeast Asia, and establishes programs for the care of the poor and vulnerable through indigenous organizations.

Officers & Directors

Board Member Brandon Boggon
Executive Director Charles Towne
Board Member Johnny Grimes
Board Member Michael White
Secretary Norman Hare
Treasurer Robert Vickery

Officer compensation and complete director data available with membership.

Top Grant Purposes

EVANGELISM
$116,200 5 grants
For grant recipient's exempt purposes
$72,150 3 grants
For recipient's exempt purpose
$10,000 1 grant
RELIGION
$5,550 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $160K $192K $48K
2023 $233K $286K $80K
2022 $516K $437K $133K
2020 $251K $237K $80K
2019 $319K $279K $66K

Between 2019 and 2024, reported annual revenue declined from $319K to $160K (-50%), with total assets most recently reported at $48K.

Interactive year-over-year charts and full filing details available with membership.

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