Glorian Publishing Inc
- Assets
- $384.6k
- Revenue
- $152.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Old Saybrook, CT
- Founding
- 09/2006
- Data as of
- 06/2022
- EIN
- 30-0335130
Organization Overview
Glorian Publishing Inc is located in Old Saybrook, CT. The organization was established in 2006. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. Glorian Publishing 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 06/2022, Glorian Publishing Inc generated $152.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $112.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RELIGIOUS ORGANIZATION FOR MEDIA PUBLISHING VIA WEB, EBOOKS, AND PRINT BOOKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WEBSITE TEACHING - WE OFFER 45 FREE COURSES, 1000'S ARTICLES, A DISCUSSION FORUM WITH INSTRUCTORS, STREAMING RADIO, ONLINE BOOKS, AND MORE.
ALL OTHER PROGRAMS INCLUDING: BOOKS, PRODUCTION/RADIO, AND GENERAL PROGRAMS.
GNOSTIC STORE - A NON-PROFIT ONLINE STORE OFFERING BOOKS, INCENSE, POSTERS, AND OTHER MATERIALS TO ANYONE IN THE WORLD. AVERAGED 4-5 SALES PER DAY, SHIPPING WORLDWIDE.
CLASSROOM TEACHING - PROVIDED FREE PUBLIC EVENTS (LECTURES AND MEDITATIONS). IN ADDITION, FUNDS WERE GRANTED TOWARDS THE CREATION OF A NEW NON-PROFIT (CHURCH OF GLORIAN) AND THE CONSTRUCTION OF A HEADQUARTERS (SOPHIA MEDITATION CENTER, TO BE OPERATED BY THE CHURCH).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew White President | OfficerTrustee | 55 | $50,452 |
Suzanne Kuczun Vice President | OfficerTrustee | 15 | $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 | $163,540 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,540 |
| Total Program Service Revenue | $0 |
| Investment income | $19 |
| 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 | -$12,100 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $152,248 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $35,027 |
| Compensation of current officers, directors, key employees. | $35,027 |
| 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 | $773 |
| Fees for services: Lobbying | $4,472 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,044 |
| Advertising and promotion | $3,125 |
| Office expenses | $28,803 |
| Information technology | $8,666 |
| Royalties | $0 |
| Occupancy | $11,582 |
| Travel | $6,549 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $300 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $876 |
| Insurance | $1,299 |
| All other expenses | $690 |
| Total functional expenses | $112,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,980 |
| Savings and temporary cash investments | $147,913 |
| 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 | $0 |
| Inventories for sale or use | $137,527 |
| 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 | $1,197 |
| Total assets | $384,617 |
| Accounts payable and accrued expenses | $549 |
| 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 | $549 |
| Net assets without donor restrictions | $384,068 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $384,617 |