Civic Intelligence

Glad World Inc

990EZ • Fiscal year 2022 • EIN 47-2819702

Jan 01, 2022 to Dec 31, 2022 • Filed on May 26, 2023

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.

Liabilities / Assets

Score unavailable

No value available

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

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

33rd percentile

-4.0%

Higher net margin than 33% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

22nd percentile

-20%

Faster asset growth than 22% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

24th percentile

-20%

Faster revenue growth than 24% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$18,923

Down $4,798 (-20%) from 2021

Net Assets

Down

$18,923

Down $4,798 (-20%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$119,251

Down $29,391 (-20%) from 2021

Expenses

Down

$124,049

Down $24,188 (-16%) from 2021

Net Income

Down

-$4,798

Down $5,203 (-1285%) from 2021

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2015: $1Liabilities 2015: $02015Assets 2016: $0Liabilities 2016: $02016Assets 2017: $6,510Liabilities 2017: $02017Assets 2018: $6,511Net Assets 2018: $6,5112018Assets 2020: $23,316Net Assets 2020: $23,3162020Assets 2021: $23,721Net Assets 2021: $23,7212021Assets 2022: $18,923Net Assets 2022: $18,9232022Assets 2023: $24,129Liabilities 2023: $0Net Assets 2023: $24,1292023Assets 2024: $49,402Liabilities 2024: $0Net Assets 2024: $49,4022024

Highlighted filing

2022

Assets$18,923
Liabilities-
Net Assets$18,923

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2015: $75,723Expenses 2015: $75,723Net Income 2015: $02015Revenue 2016: $70,283Expenses 2016: $70,283Net Income 2016: $02016Revenue 2017: $84,732Expenses 2017: $78,221Net Income 2017: $6,5112017Revenue 2018: $91,182Expenses 2018: $91,182Net Income 2018: $02018Revenue 2020: $126,964Expenses 2020: $115,418Net Income 2020: $11,5462020Revenue 2021: $148,642Expenses 2021: $148,237Net Income 2021: $4052021Revenue 2022: $119,251Expenses 2022: $124,049Net Income 2022: -$4,7982022Revenue 2023: $229,303Expenses 2023: $224,097Net Income 2023: $5,2062023Revenue 2024: $323,007Expenses 2024: $297,734Net Income 2024: $25,2732024

Highlighted filing

2022

Revenue$119,251
Expenses$124,049
Net Income-$4,798
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 26, 2023
Return Version
2022v5.0
Gross Receipts
$119,251
Mission and Program Overview

Mission

MISSIONARY WORK

Program Services

DescriptionGrantsExpenses
GLAD WORLD RENTED AND MAINTAINED A MINISTRY CENTER IN PHUKET, THAILAND. THIS IS USED FOR ADMINISTRATIVE MEETINGS, TRAININGS AND CLASSES, AS WELL AS BEING A CENTER FOR WORSHIP AND PRAYER.-$87,139
GLAD WORLD PROVIDED HUMANITARIAN AID FOR FAMILIES THAT HAVE BEEN DISPLACED BY THE CIVIL WAR IN MYANMAR. WE PROVIDED FOOD, MEDICINE, SURVIVAL SUPPLIES AND SUPPORT FOR MENTAL AND SPIRITUAL HEALTH IN APPROXIMATELY 29 VILLAGES AFFECTED BY THE ARMED CONFLICT.-$19,545
GLAD WORLD TRAINED CHRISTIAN LEADERS AND PROVIDED BIBLE TEACHING, OUTREACH TRAINING AND CHRISTIAN DISCIPLESHIP TRAINING FOR THAI CHRISTIANS IN SOUTHERN THAILAND THROUGHOUT 2022.-$2,632
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOEL P HILLPresident-$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
2023-05-26
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 16,615 professional fees 8,560 travel 15,433 visa/passport fees 335 phone 1,723 taxes 5,098 bank fees 377 meals/food 1,095 total 49,236

Form 990-ez, Part III, Line 29

Glad world provided humanitarian aid for families that have been displaced by the civil war in myanmar. We provided food, medicine, survival supplies and support for mental and spiritual health in approximately 29 villages affected by the armed conflict.

Raw XML Appendix120 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/ShortExplanationTxt0OFFICER
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DEBORAH HILL
IRS990EZ/BooksInCareOfDetail/PhoneNum07576194608
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O BOX 8128
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0P O BOX 8128
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0JACKSON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd083002
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt023721
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt018923
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0119251
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4798
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0500
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt023721
IRS990EZ/Form990TotalAssetsGrp/EOYAmt018923
IRS990EZ/GrossReceiptsAmt0119251
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt023721
IRS990EZ/NetAssetsOrFundBalancesEOYAmt018923
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt023721
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt018923
IRS990EZ/OccupancyRentUtltsAndMaintAmt07666
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOEL P HILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt049236
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MISSIONARY WORK
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GLAD WORLD TRAINED CHRISTIAN LEADERS AND PROVIDED BIBLE TEACHING, OUTREACH TRAINING AND CHRISTIAN DISCIPLESHIP TRAINING FOR THAI CHRISTIANS IN SOUTHERN THAILAND THROUGHOUT 2022.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1GLAD WORLD PROVIDED HUMANITARIAN AID FOR FAMILIES THAT HAVE BEEN DISPLACED BY THE CIVIL WAR IN MYANMAR. WE PROVIDED FOOD, MEDICINE, SURVIVAL SUPPLIES AND SUPPORT FOR MENTAL AND SPIRITUAL HEALTH IN APPROXIMATELY 29 VILLAGES AFFECTED BY THE ARMED CONFLICT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2GLAD WORLD RENTED AND MAINTAINED A MINISTRY CENTER IN PHUKET, THAILAND. THIS IS USED FOR ADMINISTRATIVE MEETINGS, TRAININGS AND CLASSES, AS WELL AS BEING A CENTER FOR WORSHIP AND PRAYER.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02632
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt119545
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt287139
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt066647
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0124049
IRS990EZ/TotalProgramServiceExpensesAmt0109316
IRS990EZ/TotalRevenueAmt0119251
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.GLADWORLDINC.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0119251
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0148642
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0126964
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt069850
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt091182
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0555889
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0555889
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0119251
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0148642
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0126964
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt069850
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt091182
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0555889
IRS990ScheduleA/TotalSupportAmt0555889
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES SUPPLIES 16,615 PROFESSIONAL FEES 8,560 TRAVEL 15,433 VISA/PASSPORT FEES 335 PHONE 1,723 TAXES 5,098 BANK FEES 377 MEALS/FOOD 1,095 TOTAL 49,236
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GLAD WORLD PROVIDED HUMANITARIAN AID FOR FAMILIES THAT HAVE BEEN DISPLACED BY THE CIVIL WAR IN MYANMAR. WE PROVIDED FOOD, MEDICINE, SURVIVAL SUPPLIES AND SUPPORT FOR MENTAL AND SPIRITUAL HEALTH IN APPROXIMATELY 29 VILLAGES AFFECTED BY THE ARMED CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III, LINE 29
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOEL P HILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05303398480
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLAD WORLD INC
ReturnHeader/Filer/BusinessNameControlTxt0GLAD
ReturnHeader/Filer/EIN0472819702
ReturnHeader/Filer/PhoneNum07576194608
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 8128
ReturnHeader/Filer/USAddress/CityNm0JACKSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WY
ReturnHeader/Filer/USAddress/ZIPCd083002
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541606497
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LA ROSSA & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06052 PROVIDENCE RD STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VIRGINIA BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0234643816
ReturnHeader/PreparerPersonGrp/PhoneNum07574206379
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0T GARRY LAROSSA
ReturnHeader/ReturnTs02023-06-19T17:18:00-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HILL
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits