Glory Fields Foundation
- Assets
- $291.9k
- Revenue
- $2.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Sayre, OK
- Founding
- 07/2002
- Data as of
- 12/2023
- EIN
- 75-6638171
Organization Overview
Glory Fields Foundation is located in Sayre, OK. The organization was established in 2002. According to its NTEE Classification (X19) the organization is classified as: Support 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. Glory Fields Foundation 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 Fields Foundation generated $2.2k 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 (35.5%) each year. All expenses for the organization totaled $53.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Glory Fields Foundation has awarded 111 individual grants totaling $314,597. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HOUSING FOR MINISTERS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,172 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,172 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,503 |
| Depreciation | $9,808 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,264 |
| Total operating and administrative expenses | $14,575 |
| Contributions, gifts, grants paid | $38,400 |
| Total expenses and disbursements | $52,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $94,868 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $197,080 |
| Other assets | $0 |
| Total assets | $291,948 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Glory Fields Foundation has awarded $38,400 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
BEN FIKE MINISTRIES PURPOSE: MINISTRY SUPPORT | $3,000 |
FIRST BAPTIST CHURCH PURPOSE: MINISTRY SUPPORT | $1,900 |
GOSPEL REACH FOUNDATION PURPOSE: MINISTRY SUPPORT | $300 |
GODS DRIFT FENCE FELLOWSHIP PURPOSE: MINISTRY SUPPORT | $1,000 |
HOUSE OF HEALING INC PURPOSE: MINISTRY SUPPORT | $3,200 |
LIFE CHURCH PURPOSE: MINISTRY SUPPORT | $4,000 |