Civic Intelligence

Christ Glorious Light Ministries

990 • Fiscal year 2021 • EIN 82-2749139

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 04, 2024

Organization Profile
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

87th percentile

0.39x

Higher debt load relative to assets than 87% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

0.06x

Higher debt load relative to revenue than 75% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

40th percentile

2.1%

Higher net margin than 40% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

31st percentile

-5.4%

Faster asset growth than 31% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

82nd percentile

76%

Faster revenue growth than 82% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$16,100

Down $927 (-5.4%) from 2020

Net Assets

Down

$9,750

Down $3,965 (-29%) from 2020

Liabilities

Up

$6,350

Up $3,038 (+92%) from 2020

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin40th percentile

Revenue

Up

$112,904

Up $48,677 (+76%) from 2020

Expenses

Up

$110,517

Up $47,212 (+75%) from 2020

Net Income

Up

$2,387

Up $1,465 (+159%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

2021

Assets$16,100
Liabilities$6,350
Net Assets$9,750
Open 2021 Filing

Operations Trend

Revenue Growth82nd percentile

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

2021

Revenue$112,904
Expenses$110,517
Net Income$2,387
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 4, 2024
Return Version
2021v4.2
Gross Receipts
$112,904
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.

Christ glorious Light Ministries is a registered Church ministry engaged in preaching and teaching the words of God. It is a christian non-profit 501(C)3 entity that represents and carries the great commission of Jesus Christ to provide divine healing and teaching to the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$8,750-
Cash and Non-Interest-Bearing Accounts-$7,350-
Total Assets$0$16,100▲ $16,100
Liabilities
Accounts Payable and Accrued Expenses-$6,350-
Total Liabilities$0$6,350▲ $6,350
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$9,750-
Total Net Assets Fund Balance$0$9,750▲ $9,750
Total Liabilities and Net Assets / Fund Balance$0$16,100▲ $16,100
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Charles SoetanDirector
Funmilayo GarrisonDirector
Mobolaji OlajideResident Pastor
Revenue and Support

Revenue Composition

Contributions and Grants
$112,904
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$2,387
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$92,517
Salaries, Compensation, and Employee Benefits$18,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses-$46,520-$46,520
Occupancy-$30,000-$30,000
Current Officers, Directors, Trustees, and Key Employees-$18,000-$18,000
Other Expenses-$9,372-$9,372
Fees for Services Accounting-$4,750-$4,750
Depreciation Depletion-$1,875-$1,875
Total Functional Expenses$0$110,517$0$110,517
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

Governing body meeting documentation Part VI line 8A

“COMPLIED”

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”

Conflict of interest policy compliance Part VI line 12C

“COMPLIED”

CEO executive director top management comp Part VI line 15A

“The pastor acts as the ceo and complies with all regulations”

Form 990 availability to public Part VI line 18

“COMPLIED”

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
Mobolaji Olajide
Title
Pastor
Phone
3102008986
Signed
2024-04-04
Discuss with paid preparer
No

Organization Details

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

Preparer

Firm
Martnege & Associates
Address
406 AMAPOLA AVENUE SUITE 210, Torrance, CA 90501
Preparer
Martins Nwaege - CPFA MIPA
Phone
3104365760
Supplemental Narrative

Additional Explanations

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

“Governing body has the responsibility of review oversight”

Raw XML Appendix259 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMPLIED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS OF THE CHURCH ARE RESPONSIBLE FOR DIFFERENT RESPONSIBILITY AS ASSIGNED BY THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPLIED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPLIED
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ReturnHeader/Filer/EIN0822749139
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-04-05T15:59:50-04:00
ReturnHeader/ReturnTypeCd0990
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,100
Liabilities
$6,350
Net assets
$9,750
Revenue
$112,904
Expenses
$110,517
Net income
$2,387
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.16$0.06$0.10$1.13$1.11$0.02
2020Summary only. Only limited summary data is available for this year.$0.17$0.03$0.14$0.64$0.63$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.15$0.03$0.13$1.14$1.19$0.05
2018Summary only. Only limited summary data is available for this year.$0.14$0.09$0.05$0.68$0.67$0.01
2017Summary only. Only limited summary data is available for this year.$0.10$0.07$0.03$0.22$0.73$0.51
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • <$500k nonprofits