Glory Baptist Church

Nonprofit profile at a glance

EIN
651054408
IRS 990-EZ coverage
2017–2021
Forms available
Form 990-EZ 2021
Location
West Palm Beach, FL, USA
Phone
5613365482
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$58,343
Expenses
$32,449
Assets
$405,345
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Abner Pierre (President)

People named in this filing

  • Abner Pierre (President)
  • Julienne Etienne (Treasurer)
  • Marie Lourdes Paul (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is to establish, maintain religious activities, spread the word of the Lord through local, national missions, and help believers to grow physically, emotionally, and spiritually via Christian education and Bible Study.

What it reported doing in 2021

Church services are held weekly on Sunday at Belvedere Baptist Church. We pay rent to occupy this space for our 100+ member congregation who would attend weekly services. Due to the COVID-19 pandemic, we now meet via Zoom. However, we continue to pay the monthly rent as a contribution to Belvedere Baptist Church.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 81% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 100
  • Sustainability: 81
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 55.6%; rating input score 56
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 44.4%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 12.49; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -6% per year; rating input score 0; 42nd percentile among comparable filings
  • Revenue growth: -0.4% per year; rating input score 0; 59th percentile among comparable filings
  • Asset growth: 5.3% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 55.6% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $32K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2017 to 2021
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 56/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.