Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Southern Gospel Music Association Inc
EIN 56-1884763 • 501(c)3 • Sevierville, TN
Profile
To preserve and promote the heritage of southern gospel music.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.03x
Liabilities / Revenue
77th percentile
Higher debt load relative to revenue than 77% of similar nonprofits.
Net Margin
22nd percentile
Higher net margin than 22% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
36th percentile
Faster asset growth than 36% of similar nonprofits.
Revenue Growth
47th percentile
Faster revenue growth than 47% of similar nonprofits.
Balance Sheet
Assets
Down$211,838
Down $36,692 (-15%) from 2023
Liabilities
Up$6,651
Up $5,016 (+307%) from 2023
Net Assets
Down$205,187
Down $41,708 (-17%) from 2023
Revenue
Down$186,344
Down $9,409 (-4.8%) from 2023
Expenses
Up$228,052
Up $38,197 (+20%) from 2023
Net Income
Down-$41,708
Down $47,606 (-807%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $211,838
- Liabilities
- $6,651
- Net assets
- $205,187
- Revenue
- $186,344
- Expenses
- $228,052
- Net income
- -$41,708