Gospel Of Glory Inc
- Assets
- $35.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Dallas, TX
- Founding
- 12/1991
- Data as of
- 12/2021
- 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 12/2021, Gospel Of Glory Inc generated $117.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $152.0k during the year ending 12/2021. While expenses have increased by 6.0% 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
2021
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 1167 COMING TO CHRIST FOR THE FIRST TIME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alemu Beeftu President | 50 | $119,224 | |
Timmerle Kelly Secretary/treasurer | 1 | $597 | |
Brian Kooiman Director | 0 | $0 | |
Donald Crum Director | 0 | $0 | |
Terry Tyson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,748 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $117,750 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $119,224 |
| Professional fees and other payments to independent contractors | $2,979 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $323 |
| Other expenses | $29,468 |
| Total expenses | $151,994 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,008 |
| Other assets | $0 |
| Total assets | $35,925 |
| Total liabilities | $172,264 |
| Net assets or fund balances | -$136,339 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gospel Of Glory Inc has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Global Spheres Inc Denton, TX PURPOSE: Ministerial support | $6,000 |
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