Civic Intelligence

Christ Glorious Light Ministries

990 • Fiscal year 2019 • EIN 82-2749139

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 06, 2021

2222 Marine AvenueGardena, CA 90249

(310) 200-8986

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.16x

Higher debt load relative to assets than 82% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

71st percentile

0.02x

Higher debt load relative to revenue than 71% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

31st percentile

-4.4%

Higher net margin than 31% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

60th percentile

8.8%

Faster asset growth than 60% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

89th percentile

66%

Faster revenue growth than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$15,293

Up $1,243 (+8.8%) from 2018

Net Assets

Up

$12,793

Up $8,163 (+176%) from 2018

Liabilities

Down

$2,500

Down $6,920 (-73%) from 2018

Revenue

Up

$113,654

Up $45,276 (+66%) from 2018

Expenses

Up

$118,654

Up $51,706 (+77%) from 2018

Net Income

Down

-$5,000

Down $6,430 (-450%) from 2018

Historical Trend

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2017: $10,455Liabilities 2017: $7,255Net Assets 2017: $3,2002017Assets 2018: $14,050Liabilities 2018: $9,420Net Assets 2018: $4,6302018Assets 2019: $15,293Liabilities 2019: $2,500Net Assets 2019: $12,7932019Assets 2020: $17,027Liabilities 2020: $3,312Net Assets 2020: $13,7152020Assets 2021: $16,100Liabilities 2021: $6,350Net Assets 2021: $9,7502021

Highlighted filing

2019

Assets$15,293
Liabilities$2,500
Net Assets$12,793

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2017: $22,359Expenses 2017: $72,978Net Income 2017: -$50,6192017Revenue 2018: $68,378Expenses 2018: $66,948Net Income 2018: $1,4302018Revenue 2019: $113,654Expenses 2019: $118,654Net Income 2019: -$5,0002019Revenue 2020: $64,227Expenses 2020: $63,305Net Income 2020: $9222020Revenue 2021: $112,904Expenses 2021: $110,517Net Income 2021: $2,3872021

Highlighted filing

2019

Revenue$113,654
Expenses$118,654
Net Income-$5,000
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 6, 2021
Return Version
2019v5.1
Gross Receipts
$113,654
Mission and Program Overview

Mission

Christ glorious light ministries is a church non-profit 501 (c) 3 organization that was established to carry out church activities and the spreading of the gospel of jesus christ within the direction of the holy spirit.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net-$7,480-
Inventories for Sale or Use-$6,250-
Cash and Non-Interest-Bearing Accounts-$1,563-
Total Assets$0$15,293▲ $15,293
Liabilities
Accounts Payable and Accrued Expenses-$2,500-
Total Liabilities$0$2,500▲ $2,500
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$12,793-
Total Net Assets Fund Balance$0$12,793▲ $12,793
Total Liabilities and Net Assets / Fund Balance$0$15,293▲ $15,293
Compensation and Service Providers

Board Members and Trustees

NameTitle
Olajide MobolajiPastor
Revenue and Support

Revenue Composition

Contributions and Grants
$113,654
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-5,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$73,654
Salaries, Compensation, and Employee Benefits$45,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$45,000-$45,000
Occupancy-$31,200-$31,200
Office Expenses-$20,293-$20,293
Other Expenses-$20,286-$20,286
Depreciation Depletion-$1,875-$1,875
Total Functional Expenses$0$118,654$0$118,654
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Governing body has the responsibility of review oversight

Officer director etc mailing address Part VI line 9

Officers of the church are responsible for different responsibility as assigned by the governing body

CEO executive director top management comp Part VI line 15A

The pastor acts as the ceo and complies with all regulations

Governing documents etc available to public Part VI line 19

Information is made available to the public

Filing and Contact Details

Filer

Filer Name
Christ Glorious Light Ministries
EIN
82-2749139
Address
2222 MARINE AVENUE, Gardena, CA 90249

Signing Officer

Name
O
Title
Pastor Mobolaji
Phone
3102008986
Signed
2021-09-06
Discuss with paid preparer
No

Organization Details

Formed
2017
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
0
Employees
8
Volunteers
8

Preparer

Firm
Martnege & Associates
Address
406 AMAPOLA AVENUE SUITE 210, Torrance, CA 90501
Preparer
M O N
Phone
3104365760
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Operating cost exceeded revenue due to unrealised pledges

Raw XML Appendix230 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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IRS990/ActivityOrMissionDesc0CHRIST GLORIOUS LIGHT MINISTRIES IS A CHURCH NON-PROFIT 501 (C) 3 ORGANIZATION THAT WAS ESTABLISHED TO CARRY OUT CHURCH ACTIVITIES AND THE SPREADING OF THE GOSPEL OF JESUS CHRIST WITHIN THE DIRECTION OF THE HOLY SPIRIT.
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IRS990/Desc0The entity Christ Glorious Light Ministry is a full-fledged registered church organization engaged in church activities which involves the building, teaching and maintenance of faith through our Lord Jesus Christ. This activity involves the preaching and spreading of the word of God to its congregation and all nations and people by developing and teaching bible in the church during and after worship sessions. Through faith, the church performs under the direction of the holy spirit by which the power of the almighty God manifests and establishes. Attached are different copies of the church magazines, bulletins and literature for your review.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INFORMATION IS MADE AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OPERATING COST EXCEEDED REVENUE DUE TO UNREALISED PLEDGES
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-06
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ReturnHeader/Filer/BusinessNameControlTxt0CHRI
ReturnHeader/Filer/EIN0822749139
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-09-09T17:39:05-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings