CHRIST GLORIOUS LIGHT MINISTRIES

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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

Tax Period

2021-01-01 to 2021-12-31

CHRIST GLORIOUS LIGHT MINISTRIES, founded in 2017, is a small nonprofit in the Religion sector that reported $113K in total revenue in fiscal year 2021.

Mission

Christ glorious Light Ministries is a registered Church ministry engaged in preaching and teaching the words of God. It is a christian non-profit 501(C)3 entity that represents and carries the great commission of Jesus Christ to provide divine healing and teaching to the world.

Program Service Accomplishments

Program 1

Christ Glorious Light Ministries purpose and achievements includes the education in religious matters, teaching the biblical doctrine so that the people of God are grounded in faith. The projection of and recognition of the divine ideal of human life, individual and social maintenance for itself and for all men.

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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 (2021)

Revenue Breakdown

Contributions & Grants $112,904

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $112,904

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,000

Fundraising Expenses $0

Other Expenses $92,517

TOTAL EXPENSES $110,517

Year-over-Year Comparison

	2021	2020	Change
Revenue	$112,904	N/A	N/A
Expenses	$110,517	N/A	N/A
Net Income	$2,387	N/A	N/A

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

N/A

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FUNMILAYO GARRISON	DIRECTOR	10.00	Director	$0	$0	$0
CHARLES SOETAN	DIRECTOR	10.00	Director	$0	$0	$0
MOBOLAJI OLAJIDE	RESIDENT PASTOR	40.00	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
2021	$112,904	$110,517	$16,100	$2,387
2019	$113,654	$118,654	$15,293	$-5,000