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)

4 risk indicators measuring financial stability and operational resilience

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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

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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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Financial Health Indicators

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

Financial Distress Indicator

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
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
2019 $276,515 $288,105 $78,333 $-11,590
2018 $382,121 $416,631 $91,725 $-34,510
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