Gospel Of Glory Inc
- Assets
- $32.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Dallas, TX
- Founding
- 12/1991
- Data as of
- 12/2023
- EIN
- 84-1173208
Organization Overview
Gospel Of Glory Inc is located in Lake Dallas, TX. The organization was established in 1991. 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. Gospel Of Glory 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, Gospel Of Glory Inc generated $165.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $154.8k during the year ending 12/2023. While expenses have increased by 6.3% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
LEADERSHIP DEVELOPMENT WAS ACHIEVED BY PRODUCING CHRISTIAN LITERATURE, ENABLING CHURCHES IN DOMESTIC AND DEVELOPING NATIONS TO TRAIN WORKERS. 2 NEW BOOKS WERE PUBLISHED. TRAINING EVENTS FOR CHURCH LEADERS WERE HELD BY ZOOM AND IN-PERSON DOMESTICALLY AND INTERNATIONALLY. MINISTRY EVENTS TOUCHED MANY THOUSANDS, WITH OVER 750 COMING TO CHRIST FOR THE FIRST TIME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alemu Beeftu President | 40 | $102,306 | |
Timmerle Kelly Secretary/treasurer | 1 | $0 | |
Terry Tyson Director | 0 | $0 | |
Brian Kooiman Director | 0 | $0 | |
Donald Crum Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $165,134 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $37 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $164,986 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $102,306 |
| Professional fees and other payments to independent contractors | $996 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $138 |
| Other expenses | $51,330 |
| Total expenses | $154,770 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,051 |
| Other assets | $0 |
| Total assets | $32,366 |
| Total liabilities | $163,374 |
| Net assets or fund balances | -$131,008 |