New Glory International

EIN: 452935605 501(c)(3) Religion

Frisco, TX

Total Revenue
$201,177
Total Expenses
$208,855
Total Assets
$122,540
Net Assets
$122,540
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
TX
Phone
2144942265
Tax Period
2025-01-01 to 2025-12-31

New Glory International, founded in 2011, is a small nonprofit in the Religion sector that reported $201K in total revenue in fiscal year 2025. Revenue fell 26% from the prior year — a significant decline worth monitoring.

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.

Program Service Accomplishments

Program 1
Expenses: $177,527

In 2025, Terry ministered in churches in California, Florida, Hawaii, Maryland, Massachusetts, Missouri, North Carolina and once in his home state of Texas.Terry made two international trips during...

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In 2025, Terry ministered in churches in California, Florida, Hawaii, Maryland, Massachusetts, Missouri, North Carolina and once in his home state of Texas.Terry made two international trips during 2025.In November traveled to South Africa where he ministered for eight (8) churches in four (4) different Provinces. One highlight of his trip was in an open-air stadium with over 8,000 people attending.On December 31, Terry led worship along with several worship leaders in Calgary, Alberta, Canada that was attended by thousands of worshipers for a special New Year's Eve service.An Hour With Jesus, Terry's ministry live stream, still continues into its seventh season, with the original live program on Wednesday nights and a Replay of that program airing on Saturday mornings. Thousands of viewers tune in faithfully each week from the US and from over 50 nations around the world.

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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 (2025)

Revenue Breakdown

Contributions & Grants $199,035
Program Service Revenue $0
Investment Income $2,142
Other Revenue $0
TOTAL REVENUE $201,177

Expense Breakdown

Grants Paid $0
Salaries & Benefits $111,902
Fundraising Expenses $10,441
Program Expenses $177,527
Other Expenses $96,953
TOTAL EXPENSES $208,855

Year-over-Year Comparison

2025 2024 Change
Revenue $201,177 $272,043 -0.3%
Expenses $208,855 $244,098 -0.1%
Net Income $-7,678 $27,945 -1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
3
Employees
1
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
4
$111,902
Total Directors
5
$111,902
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Terry MacAlmon President 60.00
Officer Director
$36,000 $75,902 $111,902
Jeff Walker Secretary 0.50
Officer Director
$0 $0 $0
Jay Iranon Treasurer 0.50
Officer Director
$0 $0 $0
Elizabeth MacAlmon Vice President 2.00
Officer Director
$0 $0 $0
Kyle MacAlmon Director 0.50
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 $201,177 $208,855 $122,540 $-7,678
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
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