CHAPEL OF HIS GLORY OF THE REDEEMED CHRISTIAN CHUR

EIN: 061629161 501(c)(3) Religion

NEW HAVEN, CT

Total Revenue
$395,638
Total Expenses
$318,457
Total Assets
$283,513
Net Assets
$283,513
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
CT
Tax Period
2018-01-01 to 2018-12-31

CHAPEL OF HIS GLORY OF THE REDEEMED CHRISTIAN CHUR, founded in 2004, is a small nonprofit in the Religion sector that reported $396K in total revenue in fiscal year 2018. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $77K, a strong 20% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO ENGAGE IN ANY LAWFUL ACT OR ACTIVITY FOR WHICH A RELIGIOUS CORPORATION MAY BE FORMED INCLUDING BUT NOT LIMITED TO CHURCH, EVANGELISM,YOUTH EMPOWERMENT.

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Trantor Score

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

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

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $176,145
Investment Income $0
Other Revenue $219,493
TOTAL REVENUE $395,638

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $318,457
Other Expenses $308,321
TOTAL EXPENSES $318,457

Year-over-Year Comparison

2018 2017 Change
Revenue $395,638 $291,428 +0.4%
Expenses $318,457 $126,757 +1.5%
Net Income $77,181 $164,671 -0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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

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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
10

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ISAAC AJAYI RESIDENT PASTOR 0.00
Officer
$0 $0 $0
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 $395,638 $318,457 $283,513 $77,181
2017 $291,428 $126,757 $206,332 $164,671
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