New Glory International is located in Frisco, TX. The organization was established in 2011. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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 Glory International 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 Glory International generated $220.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $217.5k during the year ending 12/2021. While expenses have increased by 4.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BE A CHANNEL FOR THE MANIFEST PRESENCE OF GOD; TO LEAD THE CHURCH TO A PLACE OF DEEPER INTIMACY; AND TO TEACH A GREATER UNDERSTANDING OF TRUE WORSHIP AND VICTORIOUS LIVING TO THE BRIDE OF CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MINISTRY IN 2021 FOLLOWED QUITE LIKE 2020, WITH COVID-19 STILL HAVING A LARGE EFFECT IN OPENINGS TO MINISTER IN CHURCHES AROUND THE USA, AND IT BASICALLY SHUT DOWN ALL INTERNATIONAL TRAVEL AS THE COUNTRIES ALL HAD INSTILLED MANY REGULATIONS RESTRICTING TRAVEL AND CHURCH ATTENDANCE.AS A FEW CHURCHES BEGAN TO REOPEN, TERRY MINISTERED IN CHURCHES IN HAWAII, BALTIMORE, COLORADO SPRINGS, NEW YORK CITY, AND THREE SERVICES IN DIFFERENT CITIES IN TEXAS. HE DID SEVERAL VIRTUAL SERVICES AND INTERVIEWS DURING THE YEAR, ONE FOR A CHURCH IN TRINIDAD. TERRY ALSO MADE A TRIP TO PALM SPRINGS TO PARTICIPATE IN A MEMORIAL FOR GAVIN MACLEOD, ONE OF NGL'S GLORY PARTNERS.THE LIVE STREAM FROM TERRY'S HOME STUDIO IS STILL STREAMING ON WEDNESDAY NIGHTS, WITH THOUSANDS WATCHING WEEKLY. AN HOUR WITH JESUS IS DRAWING VIEWERS FROM ALL OVER THE WORLD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Terry Macalmon President | OfficerTrustee | 60 | $70,684 |
Gonzalo Fluentes Secretary | OfficerTrustee | 0.5 | $0 |
Gregg Candy Treasurer | OfficerTrustee | 0.5 | $0 |
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 | $220,777 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $220,777 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $220,777 |
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. | $143,984 |
Compensation of current officers, directors, key employees. | $14,399 |
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 | $700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $26,300 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $12,774 |
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 | $0 |
All other expenses | $12,007 |
Total functional expenses | $217,476 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $85,384 |
Savings and temporary cash investments | $541 |
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 | $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 | $85,925 |
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 | $85,925 |
Total liabilities and net assets/fund balances | $85,925 |
Over the last fiscal year, we have identified 1 grants that New Glory International has recieved totaling $40.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $40 |
Organization Name | Assets | Revenue |
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Mission Of Hope Austin, TX | $30,630,297 | $30,889,522 |
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Presbyterian Village Inc Little Rock, AR | $7,163,719 | $8,947,997 |
Village At Gleannloch Farms Inc Austin, TX | $0 | $0 |
City Of Faith Prison Ministries Monroe, LA | $6,013,159 | $9,077,995 |
Usatransform Southlake, TX | $4,678,487 | $10,648,450 |
Iglesia Bethel Ministries Inc San Antonio, TX | $9,077,539 | $1,090,041 |
Powerpoint Ministries Plano, TX | $1,308,223 | $5,704,956 |
Permanent Endowment Fund Of The Moody Memorial First United Method Galveston, TX | $123,313,594 | $19,045,257 |
Greater St Stephen Ministries New Orleans, LA | $35,746,422 | $4,835,716 |
Abundant Rain Ministries Inc Coweta, OK | $1,184,763 | $4,705,451 |
Reaching Souls International Inc Oklahoma City, OK | $9,096,171 | $6,014,810 |