Glory Outreach Assembly Us Inc
EIN: 262033832 · Marietta, GA · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $335K |
| Total Expenses | $489K |
| Net Assets | $27K |
Is Glory Outreach Assembly Us Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glory Outreach Assembly Us Inc
Glory Outreach Assembly Us Inc (EIN: 262033832) is a nonprofit organization based in Marietta, GA, classified under NTEE code Q33. The organization reported total revenue of $335K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glory Outreach Assembly Us Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glory Outreach Assembly Us Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $502K |
| Total Expenses | $489K |
| Surplus / Deficit | +$13K |
| Total Assets | $27K |
| Net Assets | $27K |
| Operating Margin | 2.6% |
| Months of Reserves | 0.7 months |
Financial Health Grade: A
In 2023, Glory Outreach Assembly Us Inc reported a surplus of $13K with revenue exceeding expenses, holds 0.7 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Glory Outreach Assembly Us Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.6% | +14.9% | +92.0% |
| 2022 | +7.8% | +11.8% | -31.4% |
| 2021 | +69.0% | +68.6% | +69.0% |
| 2020 | -33.9% | -35.2% | +50.2% |
| 2019 | +3.6% | +0.0% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Glory Outreach Assembly Us 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 Glory Outreach Assembly Us 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
Frequently Asked Questions about Glory Outreach Assembly Us Inc
Is Glory Outreach Assembly Us Inc a legitimate charity?
Glory Outreach Assembly Us Inc (EIN: 262033832) is a registered tax-exempt nonprofit based in Georgia. It has 13 years of IRS 990 filings on record. Total revenue: $335K. No red flags identified. Financial health grade: A.
How does Glory Outreach Assembly Us Inc spend its money?
Glory Outreach Assembly Us Inc reported $335K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Glory Outreach Assembly Us Inc tax-deductible?
Glory Outreach Assembly Us Inc is registered as a tax-exempt nonprofit (EIN: 262033832). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Glory Outreach Assembly Us Inc located?
Glory Outreach Assembly Us Inc is headquartered in Marietta, Georgia and files with the IRS under EIN 262033832. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Glory Outreach Assembly Us Inc have?
Glory Outreach Assembly Us Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $335K in total revenue.
Filing History
IRS 990 filing history for Glory Outreach Assembly Us Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Glory Outreach Assembly Us Inc's revenue has grown by 119.2%, moving from $229K to $502K. Total assets increased by 3.5% over the same period, from $26K to $27K. Total functional expenses rose by 119.7%, from $222K to $489K. In its most recent filing year (2023), Glory Outreach Assembly Us Inc reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $502K | $489K | $27K | $0 | — | — |
| 2022 | $419K | $425K | $14K | $0 | — | View 990 |
| 2021 | $389K | $381K | $20K | $0 | — | View 990 |
| 2020 | $230K | $226K | $12K | $0 | — | View 990 |
| 2019 | $348K | $348K | $8K | $0 | — | View 990 |
| 2018 | $336K | $348K | $8K | $0 | — | View 990 |
| 2017 | $90K | $95K | $20K | $0 | — | View 990 |
| 2016 | $64K | $45K | $25K | $0 | — | View 990 |
| 2015 | $113K | $113K | $6K | $0 | — | View 990 |
| 2014 | $52K | $96K | $6K | $0 | — | View 990 |
| 2013 | $32K | $124K | $50K | $-189 | — | View 990 |
| 2012 | $146K | $119K | $53K | $-189 | — | View 990 |
| 2011 | $229K | $222K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $502K, expenses of $489K, and assets of $27K (revenue +19.6% year-over-year).
- 2022: Revenue of $419K, expenses of $425K, and assets of $14K (revenue +7.8% year-over-year).
- 2021: Revenue of $389K, expenses of $381K, and assets of $20K (revenue +69.0% year-over-year).
- 2020: Revenue of $230K, expenses of $226K, and assets of $12K (revenue -33.9% year-over-year).
- 2019: Revenue of $348K, expenses of $348K, and assets of $8K (revenue +3.6% year-over-year).
- 2018: Revenue of $336K, expenses of $348K, and assets of $8K (revenue +274.2% year-over-year).
- 2017: Revenue of $90K, expenses of $95K, and assets of $20K (revenue +39.3% year-over-year).
- 2016: Revenue of $64K, expenses of $45K, and assets of $25K (revenue -42.9% year-over-year).
- 2015: Revenue of $113K, expenses of $113K, and assets of $6K (revenue +116.8% year-over-year).
- 2014: Revenue of $52K, expenses of $96K, and assets of $6K (revenue +60.6% year-over-year).
- 2013: Revenue of $32K, expenses of $124K, and assets of $50K (revenue -77.8% year-over-year).
- 2012: Revenue of $146K, expenses of $119K, and assets of $53K (revenue -36.1% year-over-year).
- 2011: Revenue of $229K, expenses of $222K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glory Outreach Assembly Us Inc:
Data Sources and Methodology
This transparency report for Glory Outreach Assembly Us 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.