GLORY RIDGE INC

EIN: 561407216 501(c)(3) Recreation & Sports

MARSHALL, NC

Total Revenue
$220,902
Total Expenses
$184,777
Total Assets
$290,154
Net Assets
$288,330
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NC
Principal Officer
STEVE NEAS
Phone
8286490193
Tax Period
2024-01-01 to 2024-12-31

GLORY RIDGE INC, founded in 2013, is a small nonprofit in the Recreation & Sports sector that reported $221K in total revenue in fiscal year 2024. Revenue surged 81% from the prior year, signaling strong growth momentum. The organization ran a surplus of $36K, a strong 16% operating margin.

Mission

GLORY RIDGE IS A MULTI-DENOMINATIONAL CHRISTIAN CAMP BUILT ON A VISION AS A PLACE OF WELCOME, WORSHIP, WORK, PRAYER AND SIMIPLICITY WHERE THE PRESENCE OF JESUS CHRIST HEALS LIVES AND TRANSFORMS COMMUNITIES.

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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 $214,627
Program Service Revenue $3,806
Investment Income $1
Other Revenue $2,468
TOTAL REVENUE $220,902

Expense Breakdown

Grants Paid $500
Salaries & Benefits $123,465
Fundraising Expenses $0
Program Expenses $156,179
Other Expenses $60,812
TOTAL EXPENSES $184,777

Year-over-Year Comparison

2024 2023 Change
Revenue $220,902 $121,934 +0.8%
Expenses $184,777 $163,155 +0.1%
Net Income $36,125 $-41,221 -1.9%
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
12
Independent Members
12
Employees
12
Volunteers
274

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
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE NEAS CHAIRMAN 2.00
Officer Director
$0 $0 $0
STEVEN FISHER VICE-CHAIRMAN 3.00
Officer Director
$0 $0 $0
HOLLI POWELL SECRETARY 2.00
Officer Director
$0 $0 $0
KATHERINE CAPPS TREASURER 2.00
Officer Director
$0 $0 $0
TERRI BOYCE BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
GERALD CODY BOARD MEMBER 1.00
Director
$0 $0 $0
JIM MOYE BOARD MEMBER 1.00
Director
$0 $0 $0
KATIE GEISE BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT SANDERS BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT TAYLOR BOARD MEMBER 2.00
Director
$0 $0 $0
TOMMY MURRAH BOARD MEMBER 1.00
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 $220,902 $184,777 $290,154 $36,125
2023 $121,934 $163,155 $254,069 $-41,221
2022 $162,451 $155,803 $296,503 $6,648
2021 $159,993 $129,358 $288,054 $30,635
2020 $146,610 $127,870 $274,863 $18,740
2019 $136,909 $131,044 $239,042 $5,865
2018 $172,312 $115,898 $233,021 $56,414
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