Heaven Rules Ministries Inc

EIN: 205166310 501(c)(3) Religion

Charlotte, NC

Total Revenue
$160,290
Total Expenses
$169,798
Total Assets
N/A
Net Assets
N/A
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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
2019
Legal Domicile
NC
Principal Officer
Robert Gladstone
Phone
7047018024
Tax Period
2024-01-01 to 2024-12-31

Heaven Rules Ministries Inc, founded in 2019, is a small nonprofit in the Religion sector that reported $160K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring.

Mission

The purpose of this organization is to preach and teach the Gospel of Jesus Christ in such a way that peoples hearts come alive to God, burn with passion for Him, and become motiviated to servce their cities and neighborhoods with selfless love.

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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 (2024)

Revenue Breakdown

Contributions & Grants $159,933
Program Service Revenue $0
Investment Income $357
Other Revenue $0
TOTAL REVENUE $160,290

Expense Breakdown

Grants Paid $25,738
Salaries & Benefits $87,280
Fundraising Expenses $0
Program Expenses $168,104
Other Expenses $56,780
TOTAL EXPENSES $169,798

Year-over-Year Comparison

2024 2023 Change
Revenue $160,290 $251,939 -0.4%
Expenses $169,798 $210,028 -0.2%
Net Income $-9,508 $41,911 -1.2%
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
5
Employees
1
Volunteers
25

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
0
$0
Total Directors
5
$72,980
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert Gladstone President 40.00
Director
$72,980 $0 $72,980
Jeana Gladstone Vice President 20.00
Director
$0 $0 $0
Gary Panepinto Secretary 5.00
Director
$0 $0 $0
Cindy Panepinto Treasurer 5.00
Director
$0 $0 $0
Trinity Terry Director 5.00
Director
$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
2024 $160,290 $169,798 No data $-9,508
2023 $251,939 $210,028 No data $41,911
2022 $207,046 $186,185 No data $20,861
2021 $219,322 $159,216 No data $60,106
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