Civic Intelligence

Glory Foundation

990EZ • Fiscal year 2023 • EIN 20-1660863

Oct 01, 2022 to Sep 30, 2023 • Filed on Jan 18, 2024

Organization Profile
5273 Prospect Road Ste 157San Jose, CA 95129

(650) 218-6178

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$86,311

Down $105 (-0.1%) from 2022

Net Assets

Down

$86,298

Down $105 (-0.1%) from 2022

Liabilities

Flat

$13

Flat from 2022

Revenue And Expenses

Revenue

Down

$43,217

Down $37,850 (-47%) from 2022

Expenses

Down

$43,322

Down $6,696 (-13%) from 2022

Net Income

Down

-$105

Down $31,154 (-100%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $338,798Liabilities 2010: $53,433Net Assets 2010: $285,3652010Assets 2011: $270,126Liabilities 2011: $21,983Net Assets 2011: $248,1432011Assets 2012: $240,372Liabilities 2012: $24,182Net Assets 2012: $216,1902012Assets 2013: $275,959Liabilities 2013: $20,319Net Assets 2013: $255,6402013Assets 2014: $229,803Liabilities 2014: $0Net Assets 2014: $229,8032014Assets 2015: $231,095Liabilities 2015: $3,854Net Assets 2015: $227,2412015Assets 2016: $208,408Liabilities 2016: $10,891Net Assets 2016: $197,5172016Assets 2017: $176,914Liabilities 2017: $25,688Net Assets 2017: $151,2262017Assets 2018: $104,075Liabilities 2018: $15,366Net Assets 2018: $88,7092018Assets 2019: $51,832Liabilities 2019: $6,0162019Assets 2020: $52,334Liabilities 2020: $12,9272020Assets 2021: $61,628Liabilities 2021: $6,274Net Assets 2021: $55,3542021Assets 2022: $86,416Liabilities 2022: $13Net Assets 2022: $86,4032022Assets 2023: $86,311Liabilities 2023: $13Net Assets 2023: $86,2982023Assets 2024: $100,653Liabilities 2024: $13Net Assets 2024: $100,6402024Assets 2025: $177,601Liabilities 2025: $13Net Assets 2025: $177,5882025

Highlighted filing

2023

Assets$86,311
Liabilities$13
Net Assets$86,298
Open 2023 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $393,212Expenses 2010: $206,053Net Income 2010: $187,1592010Revenue 2011: $313,952Expenses 2011: $424,403Net Income 2011: -$110,4512011Revenue 2012: $270,358Expenses 2012: $302,311Net Income 2012: -$31,9532012Revenue 2013: $434,435Expenses 2013: $394,985Net Income 2013: $39,4502013Revenue 2014: $239,623Expenses 2014: $265,460Net Income 2014: -$25,8372014Revenue 2015: $409,735Expenses 2015: $412,297Net Income 2015: -$2,5622015Revenue 2016: $285,618Expenses 2016: $315,342Net Income 2016: -$29,7242016Revenue 2017: $220,434Expenses 2017: $266,725Net Income 2017: -$46,2912017Revenue 2018: $178,729Expenses 2018: $241,236Net Income 2018: -$62,5072018Revenue 2019: $134,968Expenses 2019: $177,861Net Income 2019: -$42,8932019Revenue 2020: $162,641Expenses 2020: $169,050Net Income 2020: -$6,4092020Revenue 2021: $89,906Expenses 2021: $73,959Net Income 2021: $15,9472021Revenue 2022: $81,067Expenses 2022: $50,018Net Income 2022: $31,0492022Revenue 2023: $43,217Expenses 2023: $43,322Net Income 2023: -$1052023Revenue 2024: $162,631Expenses 2024: $148,289Net Income 2024: $14,3422024Revenue 2025: $144,788Expenses 2025: $82,179Net Income 2025: $62,6092025

Highlighted filing

2023

Revenue$43,217
Expenses$43,322
Net Income-$105
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Jan 18, 2024
Return Version
2022v5.0
Gross Receipts
$43,217
Mission and Program Overview

Mission

Distributed scholarships to high school & college students in China who need financial assistance to continue their education. Distributed relief fund to the needy in Western China and to organizations for supplies and materials for COVID 19 ministry. Donations to other ministries.

Program Services

DescriptionGrantsExpenses
Distributed relief fund to the needy in Western China and to organizations for supplies & materials for COVID 19 ministry.$26,346$0
Donation to other ministries$9,231$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kenneth JungChairman & PresidentPT$0--
Kat HsuSecretaryPT$0--
Alex HuaTreasurer-$0--
Louis ChanBoard Member-$0--
Victor KohBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Glory Foundation
EIN
20-1660863
Phone
6502186178
Address
5273 Prospect Road Ste 157, San Jose, CA 95129

Signing Officer

Name
Kenneth Jung
Title
Chairperson
Phone
4083358112
Signed
2024-01-18
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

“Relief Grant $26,346 + Grant to other ministries $9,231 + Administration expenses $4,974”

Form 990-EZ, Part I, Line 16

“Gift $2,500 + Bank Fees $30 + Other fees/penalty $241 = $2771”

Form 990-EZ, Part II, Line 24

“Accounts Receivable $481 + Undeposited Funds $26”

Form 990-EZ, Part II, Line 26

“Payroll Tax Payable $13”

Raw XML Appendix198 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Louis Chan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Victor Koh
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman & President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board member
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Distributed scholarships to high school & college students in China who need financial assistance to continue their education. Distributed relief fund to the needy in Western China and to organizations for supplies and materials for COVID 19 ministry. Donations to other ministries.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Relief Grant $26,346 + Grant to other ministries $9,231 + Administration expenses $4,974
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Gift $2,500 + Bank Fees $30 + Other fees/penalty $241 = $2771
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Accounts Receivable $481 + Undeposited Funds $26
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Payroll Tax Payable $13
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Kenneth Jung
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairperson
ReturnHeader/BusinessOfficerGrp/PhoneNum04083358112
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-18
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ReturnHeader/Filer/BusinessNameControlTxt0GLOR
ReturnHeader/Filer/EIN0201660863
ReturnHeader/Filer/PhoneNum06502186178
ReturnHeader/Filer/USAddress/AddressLine1Txt05273 Prospect Road Ste 157
ReturnHeader/Filer/USAddress/CityNm0San Jose
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095129
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ReturnHeader/ReturnTs02024-01-18T01:22:09-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Kenneth
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Jung
ReturnHeader/TaxPeriodBeginDt02022-10-01
ReturnHeader/TaxPeriodEndDt02023-09-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$86,311
Liabilities
$13
Net assets
$86,298
Revenue
$43,217
Expenses
$43,322
Net income
-$105
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.78$0.00$1.78$1.45$0.82$0.63
2024Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$1.63$1.48$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.43$0.43$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.81$0.50$0.31
2021Detailed filing. Detailed filing data is available for this year.$0.62$0.06$0.55$0.90$0.74$0.16
2020Summary only. Only limited summary data is available for this year.$0.52$0.13$1.63$1.69$0.06
2019Summary only. Only limited summary data is available for this year.$0.52$0.06$1.35$1.78$0.43
2018Summary only. Only limited summary data is available for this year.$1.04$0.15$0.89$1.79$2.41$0.63
2017Summary only. Only limited summary data is available for this year.$1.77$0.26$1.51$2.20$2.67$0.46
2016Summary only. Only limited summary data is available for this year.$2.08$0.11$1.98$2.86$3.15$0.30
2015Summary only. Only limited summary data is available for this year.$2.31$0.04$2.27$4.10$4.12$0.03
2014Summary only. Only limited summary data is available for this year.$2.30$0.00$2.30$2.40$2.65$0.26
2013Summary only. Only limited summary data is available for this year.$2.76$0.20$2.56$4.34$3.95$0.39
2012Summary only. Only limited summary data is available for this year.$2.40$0.24$2.16$2.70$3.02$0.32
2011Summary only. Only limited summary data is available for this year.$2.70$0.22$2.48$3.14$4.24$1.10
2010Summary only. Only limited summary data is available for this year.$3.39$0.53$2.85$3.93$2.06$1.87