GLORIOUS POWER CHURCH

EIN: 815209205 501(c)(3) Religion

NORTH CHELMSFORD, MA

Total Revenue
$217,976
Total Expenses
$252,304
Total Assets
$-34,328
Net Assets
$-34,328
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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
2017
Legal Domicile
MA
Principal Officer
Lucy Paynter
Phone
6179534887
Tax Period
2024-01-01 to 2024-12-31

GLORIOUS POWER CHURCH, founded in 2017, is a small nonprofit in the Religion sector that reported $218K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $252K exceeded revenue, resulting in a 16% operating deficit.

Mission

RELIGIOUS

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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 $217,976
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $217,976

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $252,304
Other Expenses $220,272
TOTAL EXPENSES $252,304

Year-over-Year Comparison

2024 2023 Change
Revenue $217,976 $154,375 +0.4%
Expenses $252,304 N/A N/A
Net Income $-34,328 $154,375 -1.2%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN J PAYNTER CLERK 24
Director
$0 $0 $0
DANIEL MAINA ASSISTANT CLERK 24
Director
$0 $0 $0
PATIENCE WAIRIMU BOOKKEEPER 24
Director
$0 $0 $0
LUCY N PAYNTER PRESIDENT 40
Officer
$0 $0 $0
KATE APOLLOS TREASURER 24
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 $217,976 $252,304 $-34,328 $-34,328
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