GLORIA WORLD MISSION

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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

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.

Program Service Accomplishments

Program 1

Expenses: $528,195 Revenue: $567,907

GLORIA WORLD MISSION IS ORGAZINED FOR EVANGELIZING THROUGH SPORTS, MEN AND WOMEN MINISTRY, HOMELESS, ORPHANGE, ELDERY CARE, PRISON MINISTRY AND GOSPEL MEETINGS.

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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%)

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

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

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

$66,000

Total Directors

Key Employees

Highest Compensated

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