Overview
What is G42 Inc?
G42 Inc is a nonprofit organization situated in Gainesville, Georgia, with a headquarters at 6000 Wellspring Trail. The core mission of G42 is to propagate the Kingdom of God globally by inspiring and nurturing leaders who are committed to serving the underprivileged, orphans, and dedicating their lives to Christ. The organization has successfully established a network of churches, ministries, and businesses, and its influence extends beyond the U.S., reaching various international locations such as England. G42's efforts have also led to the establishment of numerous ministries, with dedicated leaders guiding them in cities like Denver, Indianapolis, Asheville, and Gainesville, GA. Furthermore, the organization supports missionaries like Sarah Hendee, who is currently making a difference in Cambodia. G42 currently employs a team of 4 individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Stars)
G42 Inc has received a Two-Star rating from Charity Navigator, reflecting an overall score of 71%. This rating highlights the organization's commitment to accountability and finance, with a perfect score in several areas, including board independence and the absence of material asset diversion. However, the score is primarily influenced by the organization's performance in the Program Expense Ratio, which stands at 62.78%, indicating that a substantial portion of funds is allocated to programs.
The organization has a solid governance structure, boasting a board comprised of 75% independent members and a clear conflict of interest policy. However, it lacks essential policies such as a whistleblower policy and a document retention and destruction policy, which have contributed to the overall score not reaching higher ratings.
Despite these limitations, G42 Inc demonstrates transparency and effective management through its documented board meeting minutes and a favorable liabilities-to-assets ratio at 2.92%. Continuous improvement in governance practices and resource allocation could enhance its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is G42 Inc legitimate?
G42 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. G42 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: $63,841
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,252
For more financial information, click here
What is the mission statement of G42 Inc?
G42 Inc, as a network of churches, ministries, and businesses, is dedicated to a mission of planting churches and ministries globally and promoting the spread of God's Kingdom. The organization seeks to inspire and cultivate leaders who are deeply passionate about serving the impoverished, orphans, and those willing to lay down their lives for Christ. In 2021, the message and ministry of G42 has been disseminated through events and teachings in various parts of the U.S. and England. Furthermore, the impact of G42 is evident in the ongoing work of missionaries and the flourishing of ministries that have originated from this network, including those in Denver, Indianapolis, Asheville, and Gainesville, GA.
Who is the CEO of G42 Inc?
David Hearn is the President of G42 Inc.
What is the revenue of G42 Inc?
G42 Inc's revenue in 2022 was $156,551.
Who are the executives of G42 Inc and what are their salaries?
The average compensation at G42 Inc during 2022 was $22,273. There are 4 employees at G42 Inc.
Here are 4 key members and their salaries:
- Compensation: $33,036
- Related: $0
- Other: $0
- Compensation: $25,305
- Related: $0
- Other: $0
- Compensation: $5,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for G42 Inc?
G42 Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of G42 Inc
G42 Inc, a network comprising churches, ministries, and businesses, is driven by a mission to spread the Kingdom of God globally. Their primary objective is to inspire and cultivate leaders who are deeply committed to serving the poor, orphans, and are willing to lay down their lives for Christ. Through this mission, G42 Inc seeks to plant churches and ministries, expanding its influence and impact around the world.
In fulfilling its mission, G42 Inc has witnessed the growth and success of various ministries that have emerged from its network. These ministries, led by dedicated leaders, are making a significant difference in different parts of the world, including cities like Denver, Indianapolis, Asheville, and Gainesville, GA. The organization, under the leadership of Andrew Sherman, has taken its message and ministry across the United States and England, hosting events and teaching sessions. One of its missionaries, Sarah Hendee, is actively engaged in serving the community in Cambodia.
In summary, G42 Inc is a mission-driven organization that is dedicated to spreading the word of God and inspiring leaders to make a difference in the lives of the poor, orphans, and those willing to serve Christ selflessly. Through its network of churches, ministries, and businesses, G42 Inc is planting seeds of faith and hope around the world, empowering individuals to make a lasting impact in their communities.
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Impact
October, 2024
G42 Inc significantly impacts communities through its dedicated efforts in church planting, leadership development, and support for vulnerable populations. By fostering a network of churches, ministries, and businesses, G42 empowers local leaders to initiate change and inspire others to take action. This is particularly evident in places like Gainesville, GA, where the organization has created a strong foundation for outreach and ministry.
The active hosting of events and teachings by leaders such as Andrew Sherman has helped disseminate the core messages of the 42nd Generation. This outreach extends internationally, with individuals like Sarah Hendee making a substantial difference in Cambodia. Such initiatives not only aim to spread the Kingdom of God but also address crucial social issues, focusing on the poor and orphans, thereby uplifting entire communities.
Moreover, the ministries birthed from G42 continue to thrive in various cities, including Denver, Indianapolis, and Asheville, demonstrating the sustainability and reach of their mission. Through their efforts, G42 Inc cultivates a sense of purpose and community engagement that resonates deeply within and beyond the local context, inspiring individuals to commit their lives to service and leadership.
This information is meant to be a general summary of G42 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3
- Program Service Revenue: $345
- Gross Receipts: $156,551
Assets and Liabilities:
- Total Assets: $261,252
- Total Liabilities: $7,635
- Net Assets: $253,617
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Fees
Revenue
$345
Organization Details
Founding Year
2008
Principal Officer
David Hearn
Main Address
6000 Wellspring Trail, Gainesville, GA, 30506
NTEE Category
Code: X20 - Religion related
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