GLORY TABERNACLE FAMILY LIFE CENTER INC

EIN: 223522814 501(c)(3) Human Services

BRIDGETON, NJ

Total Revenue
$1,713,354
Total Expenses
$2,064,607
Total Assets
$238,528
Net Assets
$-139,838
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NJ
Phone
8564511552
Tax Period
2023-07-01 to 2024-06-30

GLORY TABERNACLE FAMILY LIFE CENTER INC, founded in 1997, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $2.1M exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PROVIDE QUALITY CARE TO CHILDREN OF ALL AGES REGARDLESS OF RACE, COLOR, OR CREED.

Program Service Accomplishments

Program 1
Expenses: $2,044,935

DAY CARE, AFTER SCHOOL LATCHKEY AND FOOD SERVICE PROGRAM. AVERAGE ENROLLMENT, 200 CHILDREN

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,616,052
Program Service Revenue $97,144
Investment Income $7
Other Revenue $151
TOTAL REVENUE $1,713,354

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,553,280
Fundraising Expenses $0
Program Expenses $2,044,935
Other Expenses $511,327
TOTAL EXPENSES $2,064,607

Year-over-Year Comparison

2023 2022 Change
Revenue $1,713,354 $1,831,330 -0.1%
Expenses $2,064,607 $1,959,169 +0.1%
Net Income $-351,253 $-127,839 +1.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
74
Volunteers
5

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
$100,553
Total Directors
7
$100,553
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID A HADLEY JR Executive Dir. 40.00
Officer Director
$63,653 $0 $63,653
DAVID A HADLEY SR President 20.00
Officer Director
$36,900 $0 $36,900
DARLENE G HADLEY Secretary 5.00
Officer Director
$0 $0 $0
DIANE LEWIS Trustee 5.00
Director
$0 $0 $0
E DEIONNE THRBAK Trustee 5.00
Director
$0 $0 $0
LINDA RAHMING Trustee 5.00
Director
$0 $0 $0
DARLENE RICHMOND Treasurer 5.00
Officer 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
2025 No data No data No data No data
2024 $1,713,354 $2,064,607 $238,528 $-351,253
2023 $1,831,330 $1,959,169 $309,880 $-127,839
2022 $1,701,580 $1,781,055 $513,639 $-79,475
2021 $1,839,982 $1,778,879 $575,159 $61,103
2020 $1,918,061 $1,885,946 $650,817 $32,115
2019 $1,883,985 $1,936,044 $473,065 $-52,059
2018 $1,861,067 $1,897,527 $559,533 $-36,460
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