Glory Enterprises Inc
Nonprofit profile at a glance
- EIN
- 202595199
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990 2019, Form 990-EZ 2024
- Location
- Omaha, NE, USA
- Phone
- 4023336464
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Religious Printing, Publishing
- Affiliation
- Christianity
Reported finances
- Revenue
- $56,551
- Expenses
- $81,273
- Assets
- $21,903
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- TROY WOODS (VICE PRESIDENT UNTIL JUNE 2024)
- JOSH BENSON (VICE PRESIDENT AS OF JUNE 2024)
- BRYAN BARTELS (PRESIDENT UNTIL JUNE 2024)
- KAYLA MARTY (PRESIDENT AS OF JUNE 2024)
People named in this filing
- GWYNNE GONNERMAN (BOARD MEMBER UNTIL JUNE 2024)
- JUNE WEDERGREN (BOARD MEMBER UNTIL JUNE 2024)
- DAN WHITHORN (BOARD MEMBER UNTIL JUNE 2024)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A religious corporation organized to further the ministries of king of kings lutheran church, primarily by publishing curriculum for the education of christian youth. The core center, llc provides christian counseling services to the community.
What it reported doing in 2024
Development and web-based distribution of curriculum under the "kids kount" label (www.kidskountpublishing.com). Curriculum includes materials for sunday school, kid's church and family ministries as well as resources for use in other ministries. Materials are available for download or through the mail. Materials are also used by king of kings lutheran church for its outreach ministries.
Operating model
- Revenue model
- Earned-program. 61% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 79% for direct work, and 21% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 100
- Sustainability: 27
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 89.4%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -43.7%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 0.27; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -0.6% per year; rating input score 0; 46th percentile among comparable filings
- Revenue growth: -12.1% per year; rating input score 0; 21st percentile among comparable filings
- Asset growth: -6% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 89.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $73K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- 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.
- High — Sustainability: Operating margin scored 14/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.