IRS revoked this organization's tax-exempt status on May 15, 2018

Glad World FY2023 filing

EIN 47-2819702 Religious organization Jackson, WY NTEE X12
Is this your organization?
Claim it free, then get the verified mark.
Claim
Revenue & expenses by yearFY2020–FY2024
Revenue
$229K
FY2023▲ +92%
Expenses
$224K
FY2023

Form 990 for the fiscal year ending December 2023 (IRS tax year 2023).


Glad World is a religious organization based in Jackson, WY. For fiscal year 2023 it reported $229K in revenue, $224K in expenses, and $24K in net assets.Pt I

Type
Religious organization · Religion
Location
Jackson, WY
Website
www.gladworldinc.org
Filings
5 on file (2020–2023)
Revenue
$229KFY2023
Expenses
$224K
Net assets
$24K
People
1
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Provided by the organization

This section is blank until Glad World claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
a religious organization
Leadership
Joel P Hill · President
Money in and out
$229K revenue, $224K expenses
Bottom line
93% program efficiency

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

CRITICAL

No — IRS exemption revoked

The IRS auto-revocation list shows this EIN's tax-exempt status revoked, so a contribution would not qualify as a deductible charitable gift. See detail →

Can I donate to this org right now?

CRITICAL

No — exemption revoked (2018-05-15)

This EIN appears on the IRS auto-revocation list with no later reinstatement on file. See detail →

Is this organization up to date?

GOOD

Filed FY2024 (typical filing lag)

Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

1 funder — Natl Christian Charitable Fdn INC

1 distinct foundation funder(s) on file, $9K received in the most recent year with grants. See detail →

How is the money spent?

GOOD

93% to programs

93% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M · ↑ +92% vs prior year

Revenue band $100K–1M, +92% versus the prior filing year (up). See detail →

Where the money goes · FY2023
Total revenue
$229K
Pt VIII · Ln 12
Total expenses
$224K
Pt IX · Ln 25
Net assets
$24K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $5K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07 Fundraising $0.00
Program efficiency
93%
of spending reaches programs
Operating runway
1.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+2%
revenue over expenses, this year

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Glad World →

Run this organization? Claim this page

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$24K
FY2023
Total liabilities
$0
FY2023
Revenue less expensesPt I · Ln 19$5K
Total assetsPt X · Ln 16$24K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CGlad World
EINHdr · item D47-2819702
Principal addressHdr · item CJackson, WY
WebsiteHdr · item Jwww.gladworldinc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWY
Exempt statusHdr · item IRevoked
NTEE classificationIRS BMFReligion (X12)
Ruling yearIRS BMFMay 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
See Glad World executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services account for $208K of program spending, described in the organization's own filed words · FY2023.
01

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.

$110Kprogram expense
02

Glad world trained christian leaders and provided bible teaching, outreach training and christian discipleship training in southern thailand, philippines, myanmar and nepal throughout 2023.

$83Kprogram expense
03

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.

$15Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants100%$229K
— government grantsLn 1e$229K
Total revenueLn 12$229K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07 Fundraising $0.00
Program services93%$208K
Management & general7%$15K
Fundraising$300
Total functional expensesLn 25$224K

Balance Sheet

Part X · end of year
CashLn 1$24K
Total assetsLn 16$24K
Total liabilitiesLn 26$0
Total net assetsLn 32$24K
Months of cash on handcomputed1.3

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $24K · Operating expenses/yr $224K
1.3 months
Where the money goes
Program services
Program services $208K · Total expenses $224K
93%
Management & General
Management & general $15K · Total expenses $224K
7%
Fundraising
Fundraising $300 · Total expenses $224K
0.1%
Cost to raise $1
Fundraising expense $300 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $229K · Total revenue $229K
100%
Government reliance
Government grants $229K · Total revenue $229K
100%
Earned-income share
Program service revenue $0 · Total revenue $229K
0%
Investment reliance
Investment income $0 · Total revenue $229K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $224K
0%
Growth & trend
Revenue growth (YoY)
This year $229K · Prior year $119K
+92%
Net-asset trend (YoY)
End of year $24K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $229K · Expenses $224K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $24K
—
Net-asset ratio
Net assets $24K · Total assets $24K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $24K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joel P Hill · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $224K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $63K · Total expenses $224K
28%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 93%——
Overhead ratio 7%——
Fundraising cost ratio 0.1%——
Revenue growth 92%——
Accounting fee ratio 0.3%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$9K

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$323K revenue · ⤓ 990 PDF
FY2023$229K revenue · viewing · ⤓ 990 PDF
FY2022$119K revenue · ⤓ 990 PDF
FY2021$149K revenue · ⤓ 990 PDF
FY2020$127K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.