New Glory International (EIN 452935605) - Form 990 Financial Analysis & Trantor Score

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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

2011

Legal Domicile

Phone

2144942265

Tax Period

2024-01-01 to 2024-12-31

New Glory International, founded in 2011, is a small nonprofit in the Religion sector that reported $272K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $244K left a modest 10% surplus.

Mission

To be a channel for the manifest presence of God; to lead the church to a place of deeper intimacy; and to teach a greater understanding of true worship and victorious living to the bride of 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $270,839

Program Service Revenue $0

Investment Income $1,204

Other Revenue $0

TOTAL REVENUE $272,043

Expense Breakdown

Grants Paid $0

Salaries & Benefits $124,134

Fundraising Expenses $12,204

Program Expenses $207,484

Other Expenses $119,964

TOTAL EXPENSES $244,098

Year-over-Year Comparison

	2024	2023	Change
Revenue	$272,043	$214,877	+0.3%
Expenses	$244,098	$227,891	+0.1%
Net Income	$27,945	$-13,014	-3.1%

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

Employees

Volunteers

N/A

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

$124,134

Total Directors

$124,134

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Terry MacAlmon	President	60.00	Officer Director	$48,000	$76,134	$124,134
Jeff Walker	Secretary	0.50	Officer Director	$0	$0	$0
Jay Iranon	Treasurer	0.50	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
2024	$272,043	$244,098	$130,218	$27,945
2023	$214,877	$227,891	$101,442	$-13,014
2022	$281,800	$252,728	$114,456	$29,072
2021	$220,777	$217,476	$85,925	$3,301
2020	$252,567	$183,583	$82,124	$68,984
2019	$147,214	$144,565	$13,139	$2,649
2018	$158,320	$148,437	$12,820	$9,883

New Glory International