Glad World Inc

990EZ • Fiscal year 2020 • EIN 47-2819702

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 01, 2021

Organization Profile WWW.GLADWORLDINC.ORG

P O Box 8128Jackson, WY 83002

(757) 619-4608

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

9.1%

Higher net margin than 56% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

89%

Faster asset growth than 87% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2020

18%

Faster revenue growth than 78% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2020

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

$23,316

Up $16,805 (+258%) from 2018

Net Assets

$23,316

Up $16,805 (+258%) from 2018

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin56th percentile

Revenue

$126,964

Up $35,782 (+39%) from 2018

Expenses

$115,418

Up $24,236 (+27%) from 2018

Net Income

$11,546

Up $11,546 from 2018

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

Highlighted filing

2020

Assets$23,316

Liabilities-

Net Assets$23,316

Open 2020 Filing

Operations Trend

Revenue Growth78th percentile

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

Highlighted filing

2020

Revenue$126,964

Expenses$115,418

Net Income$11,546

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2020 to Dec 31, 2020
Signed: Jul 1, 2021
Return Version: 2020v4.0
Gross Receipts: $126,964

Mission and Program Overview

Mission

MISSIONARY WORK

Program Services

Description	Grants	Expenses
WHEN NOT IN LOCKDOWN, WE WENT TO OTHER PROVINCES IN THAILAND TO TEACH AND TRAIN LOCAL CHURCHES IN THE SCRIPTURES, AND IN HEALING AND EVANGELISM. WE ALSO TOOK MINISTRY TO THE STREETS, EVANGELIZING AND PRAYING FOR HEALING.	-	$12,057
DUE TO COVID TRAVEL RESTRICTIONS, WE WORKED FROM THAILAND TO SUPPLY HUMANITARIAN RELIEF TO A COMMUNITY IN THE PHILIPPINES.WE WERE ABLE TO MAKE ARRANGEMENTS FOR FOOD DELIVERIES TO A LARGE COMMUNITY THAT WAS IN SIGNIFICANT NEED.	-	$3,476
MINISTRY AND TRAINING FOR LEADERS WS ONLINE THIS YEAR. WE TRAINED LEADERS IN THE PHILIPPINES, RUSSIA, PAKISTAN AND THAILAND, EQUIPPING THEM FOR MINISTRY, PRAYING FOR HEALING, AND TEACHING THEM HOW TO WIN THE LOST AND ENCOURAGE THE CHURCH.	-	$2,704

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
JOEL P HILL	President	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Glad World Inc
EIN: 47-2819702
Phone: 7576194608
Address: P O BOX 8128, JACKSON, WY 83002

Signing Officer

Name: Joel P Hill
Title: President
Phone: 5303398480
Signed: 2021-07-01
Discuss with paid preparer: Yes

Preparer

Firm: La Rossa & Co
Address: 6052 PROVIDENCE RD STE 101, VIRGINIA BEACH, VA 23464-3816
Preparer: T Garry Larossa
Phone: 7574206379

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses supplies 38,895 fundraising 541 travel 3,476 conferences & leader 2,704 local outreach 12,057 visa/passport fees 1,440 continuing education 334 phone 3,102 taxes 3,004 total 65,553”

Form 990-ez, Part III, Line 28

“Due to covid travel restrictions, we worked from thailand to supply humanitarian relief to a community in the philippines.we were able to make arrangements for food deliveries to a large community that was in significant need.”

Form 990-ez, Part III, Line 29

“Ministry and training for leaders ws online this year. We trained leaders in the philippines, russia, pakistan and thailand, equipping them for ministry, praying for healing, and teaching them how to win the lost and encourage the church.”

Raw XML Appendix117 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.

Path	#	Value
CompensationExplanation/CompensationExplanationGrp/PersonNm	0	JOEL P HILL
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt	0	OFFICER
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	JOEL P HILL
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	7576194608
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	P O BOX 8128
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	JACKSON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	WY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	83002
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	11770
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	23316
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	126964
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	11546
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	450
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	11770
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	23316
IRS990EZ/GrossReceiptsAmt	0	126964
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	11770
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	23316
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	11770
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	23316
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	2174
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	JOEL P HILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherExpensesTotalAmt	0	65553
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	MISSIONARY WORK
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	DUE TO COVID TRAVEL RESTRICTIONS, WE WORKED FROM THAILAND TO SUPPLY HUMANITARIAN RELIEF TO A COMMUNITY IN THE PHILIPPINES.WE WERE ABLE TO MAKE ARRANGEMENTS FOR FOOD DELIVERIES TO A LARGE COMMUNITY THAT WAS IN SIGNIFICANT NEED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	MINISTRY AND TRAINING FOR LEADERS WS ONLINE THIS YEAR. WE TRAINED LEADERS IN THE PHILIPPINES, RUSSIA, PAKISTAN AND THAILAND, EQUIPPING THEM FOR MINISTRY, PRAYING FOR HEALING, AND TEACHING THEM HOW TO WIN THE LOST AND ENCOURAGE THE CHURCH.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	2	WHEN NOT IN LOCKDOWN, WE WENT TO OTHER PROVINCES IN THAILAND TO TEACH AND TRAIN LOCAL CHURCHES IN THE SCRIPTURES, AND IN HEALING AND EVANGELISM. WE ALSO TOOK MINISTRY TO THE STREETS, EVANGELIZING AND PRAYING FOR HEALING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	3476
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	1	2704
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	2	12057
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	47241
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	115418
IRS990EZ/TotalProgramServiceExpensesAmt	0	18237
IRS990EZ/TotalRevenueAmt	0	126964
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	WWW.GLADWORLDINC.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	126964
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	69850
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	91182
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	287996
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal170Amt	0	287996
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	126964
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	69850
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	91182
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	287996
IRS990ScheduleA/TotalSupportAmt	0	287996
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES SUPPLIES 38,895 FUNDRAISING 541 TRAVEL 3,476 CONFERENCES & LEADER 2,704 LOCAL OUTREACH 12,057 VISA/PASSPORT FEES 1,440 CONTINUING EDUCATION 334 PHONE 3,102 TAXES 3,004 TOTAL 65,553
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DUE TO COVID TRAVEL RESTRICTIONS, WE WORKED FROM THAILAND TO SUPPLY HUMANITARIAN RELIEF TO A COMMUNITY IN THE PHILIPPINES.WE WERE ABLE TO MAKE ARRANGEMENTS FOR FOOD DELIVERIES TO A LARGE COMMUNITY THAT WAS IN SIGNIFICANT NEED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	MINISTRY AND TRAINING FOR LEADERS WS ONLINE THIS YEAR. WE TRAINED LEADERS IN THE PHILIPPINES, RUSSIA, PAKISTAN AND THAILAND, EQUIPPING THEM FOR MINISTRY, PRAYING FOR HEALING, AND TEACHING THEM HOW TO WIN THE LOST AND ENCOURAGE THE CHURCH.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART III, LINE 29
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	JOEL P HILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	5303398480
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2021-07-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	GLAD WORLD INC
ReturnHeader/Filer/BusinessNameControlTxt	0	GLAD
ReturnHeader/Filer/EIN	0	472819702
ReturnHeader/Filer/PhoneNum	0	7576194608
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	P O BOX 8128
ReturnHeader/Filer/USAddress/CityNm	0	JACKSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	WY
ReturnHeader/Filer/USAddress/ZIPCd	0	83002
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	541606497
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	LA ROSSA & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	6052 PROVIDENCE RD STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	VIRGINIA BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	234643816
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7574206379
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2021-09-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	T GARRY LAROSSA
ReturnHeader/ReturnTs	0	2021-09-14T14:43:27-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	JOEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	HILL
ReturnHeader/TaxPeriodBeginDt	0	2020-01-01
ReturnHeader/TaxPeriodEndDt	0	2020-12-31
ReturnHeader/TaxYr	0	2020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $23,316
Liabilities: -
Net assets: $23,316
Revenue: $126,964
Expenses: $115,418
Net income: $11,546

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.49	$0.00	$0.49	$3.23	$2.98	$0.25
2023Summary only. Only limited summary data is available for this year.	$0.24	$0.00	$0.24	$2.29	$2.24	$0.05
2022Detailed filing. Detailed filing data is available for this year.	$0.19		$0.19	$1.19	$1.24	$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.24		$0.24	$1.49	$1.48	$0.00
2020Detailed filing. Detailed filing data is available for this year.	$0.23		$0.23	$1.27	$1.15	$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.07		$0.07	$0.91	$0.91	$0.00
2017Summary only. Only limited summary data is available for this year.	$0.07	$0.00		$0.85	$0.78	$0.07
2016Summary only. Only limited summary data is available for this year.	$0.00	$0.00		$0.70	$0.70	$0.00
2015Summary only. Only limited summary data is available for this year.	$0.00	$0.00		$0.76	$0.76	$0.00