GLORIA WORLD MISSION

EIN: 330833027 501(c)(3) Religion

Chula Vista, CA

Total Revenue
$567,907
Total Expenses
$530,174
Total Assets
$983,055
Net Assets
$912,511
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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
1998
Legal Domicile
CA
Principal Officer
JANE HONG
Phone
6192161111
Tax Period
2024-01-01 to 2024-12-31

GLORIA WORLD MISSION, founded in 1998, is a small nonprofit in the Religion sector that reported $568K in total revenue in fiscal year 2024. Expenses of $530K left a modest 7% surplus.

Mission

TO OPERATE A MISSION TO PREACH THE GOSPEL OF JESUS CHRIST.

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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 $433,862
Program Service Revenue $71,583
Investment Income $62,462
Other Revenue $0
TOTAL REVENUE $567,907

Expense Breakdown

Grants Paid $281,224
Salaries & Benefits $100,880
Fundraising Expenses $0
Program Expenses $528,195
Other Expenses $148,070
TOTAL EXPENSES $530,174

Year-over-Year Comparison

2024 2023 Change
Revenue $567,907 $584,845 0.0%
Expenses $530,174 $612,771 -0.1%
Net Income $37,733 $-27,926 -2.4%
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
3
Independent Members
N/A
Employees
4
Volunteers
3

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
3
$66,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH D HONG CHIEF EXECUTIVE OFFICER 040.00
Officer
$66,000 $0 $66,000
JOHN SU SECRETARY 015.00
Officer
$0 $0 $0
JANE HONG FINANCIAL OFFICER 030.00
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
2024 $567,907 $530,174 $983,055 $37,733
2023 $584,845 $612,771 $954,310 $-27,926
2022 $702,701 $535,757 $991,900 $166,944
2021 $677,995 $661,962 $833,860 $16,033
2020 $788,198 $649,707 $819,627 $138,491
2019 $636,542 $550,548 $581,236 $85,994
2018 $819,784 $664,911 $495,242 $154,873
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