GLORY CITY NETWORK INC

EIN: 814465301 501(c)(3) Religion

SUWANEE, GA

Total Revenue
$77,141
Total Expenses
$65,745
Total Assets
$41,710
Net Assets
$40,340
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
GA
Principal Officer
KATHERINE RUONALA
Phone
6788583383
Tax Period
2024-01-01 to 2024-12-31

GLORY CITY NETWORK INC, founded in 2017, is a micro nonprofit in the Religion sector that reported $77K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $66K left a modest 15% surplus.

Mission

THE SPECIFIC PURPOSE OF THIS ENTITY IS TO DEVELOP CHURCH NETWORKS, CHRISTIAN MEDIA, PUBLIC EVENTS AND OTHER VARIOUS FORMS OF RELIGIOUS ACTIVITY.

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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 $0
Program Service Revenue $77,141
Investment Income $0
Other Revenue $0
TOTAL REVENUE $77,141

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $65,745
Other Expenses $65,745
TOTAL EXPENSES $65,745

Year-over-Year Comparison

2024 2023 Change
Revenue $77,141 $104,277 -0.3%
Expenses $65,745 $106,940 -0.4%
Net Income $11,396 $-2,663 -5.3%
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

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
3
Employees
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DUSTIN DAVIS SECRETARY N/A
Officer
$0 $0 $0
KATHERINE RUONALA PRESIDENT N/A
Officer
$0 $0 $0
SHEILA H WILLIAMS TREASURER N/A
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
2024 $77,141 $65,745 $41,710 $11,396
2023 No data No data No data No data
2022 $166,906 $165,564 $32,977 $1,342
2021 $170,875 $180,635 $31,750 $-9,760
2020 $224,826 $188,871 $41,174 $35,955
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