Gloria Dei Ministries Inc
EIN: 541872268 · Hampton, VA · NTEE: P70
Is Gloria Dei Ministries Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gloria Dei Ministries Inc
Gloria Dei Ministries Inc (EIN: 541872268) is a nonprofit organization based in Hampton, VA, classified under NTEE code P70. The organization reported total revenue of $187K and total assets of $718K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gloria Dei Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gloria Dei Ministries Inc is a small nonprofit that has been operating for 28 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -13.2%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $187K |
| Total Expenses | $263K |
| Surplus / Deficit | $-76,110 |
| Total Assets | $718K |
| Total Liabilities | $1.1M |
| Net Assets | $-341,608 |
| Operating Margin | -40.8% |
| Debt-to-Asset Ratio | 147.6% |
| Months of Reserves | 32.8 months |
Financial Health Grade: C
In 2018, Gloria Dei Ministries Inc reported a deficit of $76K with expenses exceeding revenue, holds 32.8 months of operating reserves (strong position), has a debt-to-asset ratio of 147.6% (high leverage).
Financial Trends
Over 8 years of filings (2011–2018), Gloria Dei Ministries Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +12.2% | -7.5% | -1.7% |
| 2017 | -35.2% | -2.1% | -6.7% |
| 2016 | -5.6% | -0.8% | +0.9% |
| 2015 | +2.2% | +8.5% | -2.6% |
| 2014 | -8.1% | -9.3% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gloria Dei Ministries Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gloria Dei Ministries Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $76K, with expenses exceeding revenue.
- Debt-to-asset ratio: 147.6%.
Frequently Asked Questions about Gloria Dei Ministries Inc
Is Gloria Dei Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gloria Dei Ministries Inc (EIN: 541872268) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gloria Dei Ministries Inc spend its money?
Detailed spending breakdown data is not yet available for Gloria Dei Ministries Inc. Check back for updated IRS 990 analysis.
Are donations to Gloria Dei Ministries Inc tax-deductible?
Gloria Dei Ministries Inc is registered as a tax-exempt nonprofit (EIN: 541872268). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Gloria Dei Ministries Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Gloria Dei Ministries Inc's revenue has declined by 62.9%, moving from $504K to $187K. Total assets decreased by 27.1% over the same period, from $985K to $718K. Total functional expenses fell by 30.6%, from $379K to $263K. In its most recent filing year (2018), Gloria Dei Ministries Inc reported a deficit of $76K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $718K in assets (debt-to-asset ratio: 147.6%), resulting in net assets of $-341,608.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $187K | $263K | $718K | $1.1M | — | View 990 |
| 2017 | $166K | $284K | $730K | $996K | — | View 990 |
| 2016 | $257K | $291K | $783K | $930K | — | View 990 |
| 2015 | $272K | $293K | $776K | $890K | — | View 990 |
| 2014 | $266K | $270K | $796K | $889K | — | View 990 |
| 2013 | $289K | $297K | $817K | $906K | — | View 990 |
| 2012 | $395K | $342K | $902K | $983K | — | View 990 |
| 2011 | $504K | $379K | $985K | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $187K, expenses of $263K, and assets of $718K (revenue +12.2% year-over-year).
- 2017: Revenue of $166K, expenses of $284K, and assets of $730K (revenue -35.2% year-over-year).
- 2016: Revenue of $257K, expenses of $291K, and assets of $783K (revenue -5.6% year-over-year).
- 2015: Revenue of $272K, expenses of $293K, and assets of $776K (revenue +2.2% year-over-year).
- 2014: Revenue of $266K, expenses of $270K, and assets of $796K (revenue -8.1% year-over-year).
- 2013: Revenue of $289K, expenses of $297K, and assets of $817K (revenue -26.8% year-over-year).
- 2012: Revenue of $395K, expenses of $342K, and assets of $902K (revenue -21.6% year-over-year).
- 2011: Revenue of $504K, expenses of $379K, and assets of $985K.
Data Sources and Methodology
This transparency report for Gloria Dei Ministries Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.