Glory Enterprises Inc
- Assets
- $46.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Omaha, NE
- Founding
- 08/2006
- Data as of
- 12/2023
- EIN
- 20-2595199
Organization Overview
Glory Enterprises Inc is located in Omaha, NE. The organization was established in 2006. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Glory Enterprises Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glory Enterprises 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 12/2023, Glory Enterprises Inc generated $64.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $100.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
A RELIGIOUS CORPORATION ORGANIZED TO FURTHER THE MINISTRIES OF KING OF KINGS LUTHERAN CHURCH, PRIMARILY BY PUBLISHING CURRICULUM FOR THE EDUCATION OF CHRISTIAN YOUTH. THE CORE CENTER, LLC PROVIDES CHRISTIAN COUNSEILING SERVICES TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3
DEVELOPMENT AND WEB-BASED DISTRIBUTION OF CURRICULUM UNDER THE "KIDS KOUNT" LABEL (WWW.KIDSKOUNTPUBLISHING.COM). CURRICULUM INCLUDES MATERIALS FOR SUNDAY SCHOOL, KID'S CHURCH AND FAMILY MINISTRIES AS WELL AS RESOURCES FOR USE IN OTHER MINISTRIES. MATERIALS ARE AVAILABLE FOR DOWNLOAD OR THROUGH THE MAIL. MATERIALS ARE ALSO USED BY KING OF KINGS LUTHERAN CHURCH FOR ITS OUTREACH MINISTRIES.
PROVIDE CHRISTIAN COUNSELING SERVICES TO KING OF KINGS CONGREGATION AND THE OMAHA COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Bartels President | 2 | $0 | |
Troy Woods Vice President | 2 | $0 | |
Heather Ruhter Secy/treas Non-Voting | 2 | $0 | |
Gwynne Gonnerman Board Member | 2 | $0 | |
June Wedergren Board Member | 2 | $0 | |
Dan Whithorn Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,167 |
| Total Program Service Revenue | $24,575 |
| Membership dues | $0 |
| Investment income | $47 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,851 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $60,655 |
| Professional fees and other payments to independent contractors | $18,251 |
| Occupancy, rent, utilities, and maintenance | $8,400 |
| Printing, publications, postage, and shipping | $599 |
| Other expenses | $12,128 |
| Total expenses | $100,033 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,616 |
| Other assets | $0 |
| Total assets | $46,625 |
| Total liabilities | $0 |
| Net assets or fund balances | $46,625 |