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Global Impact Resources Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201662553 ✦ Greenville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Global Impact Resources Inc?

Global Impact Resources Inc is a small yet impactful nonprofit organization based in Greenville, North Carolina. With a focus on Christian outreach projects, they support 14 individuals and families who are actively engaged in these initiatives worldwide. These individuals are either affiliated with the organization or associated with other like-minded charitable organizations. The organization's mission is to assist Christian missionaries globally by offering spiritual support and practical administrative aid. This support helps minimize the time spent on fundraising, allowing missionaries to concentrate more on their charitable work. Global Impact Resources provides credibility, accountability, team synergy, administration, connectivity, and partnership training to its affiliated individuals and organizations, thereby enabling them to strengthen their ministry.


Official website here: www.globalimpactresources.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

Global Impact Resources Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 73%. This score indicates that while the organization meets some standards for accountability and finance, there are significant areas for improvement. Notably, the organization boasts a fully independent board and a strong liabilities to assets ratio, showcasing financial responsibility in certain aspects.

However, the nonprofit has several areas of concern that detract from its overall performance. The absence of a conflict of interest policy, whistleblower policy, and documentation practices, such as board meeting minutes, are critical shortcomings. These issues suggest a lack of transparency and governance that could undermine stakeholder confidence.

Additionally, while the program expense ratio is commendable, the low scores in governance practices highlight the need for enhanced oversight and ethical guidelines. Addressing these deficiencies could improve its overall rating and effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Global Impact Resources Inc legitimate?

Global Impact Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Impact Resources Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,225

For more financial information, click here


Official website here: www.globalimpactresources.com

What is the mission statement of Global Impact Resources Inc?

Global Impact Resources Inc. supports Christian missionaries globally by offering spiritual guidance and practical administration services. The organization's mission is to simplify the fundraising aspect of ministry for its affiliates, thereby enabling them to dedicate more time to their charitable work. Global Impact Resources provides credibility, accountability, team synergy, administration, connectivity, and partnership training to its affiliated individuals and organizations, thereby aiding them in the development and growth of their ministries.


Official website here: www.globalimpactresources.com

Who is the CEO of Global Impact Resources Inc?

Michael Williams is the President of Global Impact Resources Inc.


Official website here: www.globalimpactresources.com

What is the revenue of Global Impact Resources Inc?

Global Impact Resources Inc's revenue in 2022 was $491,242.


Official website here: www.globalimpactresources.com

Who are the executives of Global Impact Resources Inc and what are their salaries?

The average compensation at Global Impact Resources Inc during 2022 was $31,112. There are 2 employees and 10 volunteers at Global Impact Resources Inc.


Here are 3 key members and their salaries:


Michael Williams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beaty Bass (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Newberg (Sec./Treas.)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.globalimpactresources.com

Where can I find the form 990 for Global Impact Resources Inc?

Global Impact Resources Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.globalimpactresources.com

Learn more at the official website: www.globalimpactresources.com

Mission Statement of Global Impact Resources Inc

Global Impact Resources, a nonprofit organization, plays a pivotal role in supporting Christian missionaries globally. Its mission is twofold: to offer spiritual encouragement and provide practical administrative assistance. By doing so, the organization aims to simplify the fundraising aspect of ministry for its affiliated individuals and organizations. Global Impact Resources offers a range of services, including credibility and accountability, team synergy, efficient administration, connectivity, and partnership training. These offerings enable these missionaries to concentrate more on their charitable work, allowing them to expand and strengthen their ministries.

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Impact




July, 2024

Global Impact Resources Inc's impact can be seen through its partnership with Christian missionaries worldwide. By providing spiritual support and practical administration, the organization enables these missionaries to focus more on their charitable work. This support includes offering credibility, accountability, team synergy, administration, connectivity, and partnership training to affiliated individuals and organizations. Through its efforts, the organization has supported 14 individuals and families engaged in Christian outreach projects in various countries. Overall, Global Impact Resources Inc plays a crucial role in empowering and enabling missionaries to carry out their important work around the world.




This information is meant to be a general summary of Global Impact Resources Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$491,242 (2022)
Expenses
$500,589 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $36,226
  • Gross Receipts: $491,242

Assets and Liabilities:

  • Total Assets: $53,076
  • Total Liabilities: $717
  • Net Assets: $52,359

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Income - Other

Revenue

$36,226

Organization Details

Founding Year

2005

Principal Officer

Michael Williams

Main Address

PO Box 3012, Greenville, NC, 27836

NTEE Category

Code: Q32 - International

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