GLC Hope Ministries

EIN: 010759720 501(c)(3)

Greenville, MI

Total Revenue
$278,543
Total Expenses
$287,992
Total Assets
$424,712
Net Assets
$72,997
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MI
Principal Officer
Nathaniel Smith
Tax Period
2018-01-01 to 2018-12-31

GLC Hope Ministries, founded in 2003, is a small nonprofit that reported $279K in total revenue in fiscal year 2018. Revenue decreased 7% compared to the prior year.

Mission

To provide a safe place to live and encounter God on a daily basis, provide for basic needs of food and clothing, and restoration of relationships.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $226,908
Program Service Revenue $39,319
Investment Income $7,066
Other Revenue $5,250
TOTAL REVENUE $278,543

Expense Breakdown

Grants Paid $55,990
Salaries & Benefits $61,919
Fundraising Expenses $8,676
Program Expenses $250,288
Other Expenses $170,083
TOTAL EXPENSES $287,992

Year-over-Year Comparison

2018 2017 Change
Revenue $278,543 $300,796 -0.1%
Expenses $287,992 $299,291 0.0%
Net Income $-9,449 $1,505 -7.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
3
Employees
3
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$31,200
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Jones Treasurer 1.00
Officer Director
$0 $0 $0
Todd McCord Director 1.00
Director
$0 $0 $0
Mike McCord Vice Presient 1.00
Officer Director
$0 $0 $0
John Piercefield Secretary 1.00
Officer Director
$0 $0 $0
Nathaniel Smith Executive DirectorPresident 40.00
Officer
$31,200 $0 $31,200
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $278,543 $287,992 $424,712 $-9,449
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GLC Hope Ministries with other nonprofits in Michigan and across the country.