KING OF GLORY MINISTRIES INTL

EIN: 201502244 501(c)(3)

COEUR D ALENE, ID

Total Revenue
$276,515
Total Expenses
$288,105
Total Assets
$78,333
Net Assets
$78,333
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NC
Principal Officer
KEVIN BASCONI
Tax Period
2019-01-01 to 2019-12-31

KING OF GLORY MINISTRIES INTL, founded in 2005, is a small nonprofit that reported $277K in total revenue in fiscal year 2019. Revenue fell 28% from the prior year — a significant decline worth monitoring.

Mission

RELIGIOUS MINISTRY AND MISSIONARY OUTREACH TO WIDOWS & ORPHANS

Program Service Accomplishments

Program 1
Expenses: $178,503

KING OF GLORY ORGANIZED AND HOSTED VARIOUS MEETINGS AND 4 CONFERENCES IN 2019 IN THE USA. THE GOSPEL WAS ALSO PREACHED THROUGH OUR DIGITAL OUTREACH, CALLED THE MORAVIAN FALLS SCHOOL OF HIGHER...

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KING OF GLORY ORGANIZED AND HOSTED VARIOUS MEETINGS AND 4 CONFERENCES IN 2019 IN THE USA. THE GOSPEL WAS ALSO PREACHED THROUGH OUR DIGITAL OUTREACH, CALLED THE MORAVIAN FALLS SCHOOL OF HIGHER LEARNING, WHICH HAS REACHED PEOPLE IN 40 TO 50 NATIONS EACH MONTH AND AN ESTIMATED 39,000 INDIVIDUALS MONTHLY. WE ALSO SPOKE IN CHURCHES AND CONFERENCES IN THE US. 10S OF 1000S OF PEOPLE WERE REACHED WITH THE GOSPEL MESSAGE IN CONFERENCES, CHURCHES AND THROUGH THE INTERNET IN THE US AND NUMEROUS NATIONS. WE PROVIDED MONTHLY SUPPORT TO WIDOWS AND ORPHANS THROUGH OTHER US BASED NONPROFIT, CHARITABLE, RELIGIOUS MINISTRIES. WE SENT A MISSION TEAM TO DO ORPHANAGE MINISTRY. ALL THE MINISTRIES WE SUPPORTED USED THE FUNDS TO MEET THE NEEDS OF THE POOR AND WIDOWS AND ORPHANS.

Program 2
Expenses: $54,105

WE HAVE BUILT AND SUPPORTED 5 ORPHANAGES IN SUB SAHARAN AFRICA. WE ALSO SUPPORTED AN ESTIMATED 49 CHILDREN OUTSIDE OF THE ORPHANAGES. SUPPORT OF ORPHANAGES INCLUDED FOOD PROGRAMS AND THE CONSTRUCTION...

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WE HAVE BUILT AND SUPPORTED 5 ORPHANAGES IN SUB SAHARAN AFRICA. WE ALSO SUPPORTED AN ESTIMATED 49 CHILDREN OUTSIDE OF THE ORPHANAGES. SUPPORT OF ORPHANAGES INCLUDED FOOD PROGRAMS AND THE CONSTRUCTION AND MAINTENANCE OF ORPHANAGES. KING OF GLORY HELPS PROVIDE FOOD, CLOTHING, SHELTER AND MEDICAL CARE FOR ORPHANS, WIDOWS AND THE POOR IN VARIOUS NATIONS. WE WORK WITH HOPE FOR THE NATIONS, A CANADIAN CHARITY THAT SPECIALIZES IN WORKING WITH ORPHANAGES IN MANY NATIONS, ALSO.IN ADDITION TO PROVIDING AID AND SUPPORT TO WIDOWS AND ORPHANS IN SUB SAHARA AFRICA, WE ALSO PROVIDE SUPPORT FOR WIDOWS AND ORPHANS IN ISRAEL THROUGH VISION OF ISRAEL. THROUGH THIS OUTREACH WE HAVE HELPED HUNDREDS OF WIDOWS, ORPHANS AND THE POOR IN ISRAEL.

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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 (2019)

Revenue Breakdown

Contributions & Grants $256,827
Program Service Revenue $0
Investment Income $3
Other Revenue $19,685
TOTAL REVENUE $276,515

Expense Breakdown

Grants Paid $70,788
Salaries & Benefits $89,579
Fundraising Expenses $0
Program Expenses $232,608
Other Expenses $127,738
TOTAL EXPENSES $288,105

Year-over-Year Comparison

2019 2018 Change
Revenue $276,515 $382,121 -0.3%
Expenses $288,105 $416,631 -0.3%
Net Income $-11,590 $-34,510 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
4
Employees
2
Volunteers
15

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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALAN KOCH BOARD MEMBER 1.00
Director
$0 $0 $0
CAROL KOCH BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT WARD BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MACGIRVIN BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN BASCONI PRESIDENT 50.00
Officer
$0 $0 $0
KATHLEEN BASCONI VICE PRESIDENT 40.00
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
2025 No data No data No data No data
2019 $276,515 $288,105 $78,333 $-11,590
2018 $382,121 $416,631 $91,725 $-34,510
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