Overview
What is Global Restoration Trading Co?
Global Restoration Trading Co is a nonprofit organization, based in Fayetteville, Arkansas, with a mission to empower disadvantaged individuals in underdeveloped regions worldwide. They achieve this by creating market mechanisms, teaching and training these individuals to produce goods. Due to a lack of skills and trusted local markets, these individuals often struggle to provide for themselves. By providing these opportunities, Global Restoration Trading Co aims to help them generate a sustenance living. In addition to their economic support, the organization also shares the Christian faith of Jesus Christ as part of their mission to offer relief to the distressed. Currently, the organization has a workforce of 76 individuals.
Official website here: www.global-outfitters.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Stars)
Global Restoration Trading Co has received a Two-Star rating from Charity Navigator, reflecting an overall score of 67%. This rating indicates that while the organization demonstrates some strengths, particularly in board independence and financial liabilities, there are significant areas for improvement, especially in financial transparency and governance practices.
The organization has a strong board composition with 80% of its members being independent, which is a positive sign for accountability. Additionally, it has a low liabilities-to-assets ratio, suggesting financial stability. The program expense ratio is also commendable at 68.28%, indicating that a substantial portion of its resources is directed towards its mission-related activities.
However, the charity has notable limitations, particularly its lack of financial statements and essential governance policies, including a conflict of interest policy and a whistleblower policy. These missing elements could raise concerns about transparency and ethical practices, which are critical for donor trust and organizational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Global Restoration Trading Co legitimate?
Global Restoration Trading Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Restoration Trading Co 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: $56,180
Professional Fundraising Fees: $0
Other Salaries and Wages: $709,351
For more financial information, click here
Official website here: www.global-outfitters.org
What is the mission statement of Global Restoration Trading Co?
Global Restoration Trading Company is dedicated to providing relief to the impoverished and distressed individuals worldwide as part of its Christian service. This is accomplished through the dissemination of the Gospel of Jesus Christ. The organization creates market mechanisms that enable disadvantaged people in underdeveloped regions to sell the goods they have been taught and trained to produce by various missionaries, organizations, and relief groups. These individuals often lack the necessary skills and local markets to sustain their livelihoods. By offering a platform for selling their products, Global Restoration Trading Co aims to alleviate poverty and improve their living conditions.
Official website here: www.global-outfitters.org
Who is the CEO of Global Restoration Trading Co?
Lee Epstein is the President of Global Restoration Trading Co.
Official website here: www.global-outfitters.org
What is the revenue of Global Restoration Trading Co?
Global Restoration Trading Co's revenue in 2022 was $1,901,965.
Official website here: www.global-outfitters.org
Who are the executives of Global Restoration Trading Co and what are their salaries?
The average compensation at Global Restoration Trading Co during 2022 was $10,073. There are 76 employees and 25 volunteers at Global Restoration Trading Co.
Here are 5 key members and their salaries:
- Compensation: $30,180
- Related: $0
- Other: $0
- Compensation: $26,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.global-outfitters.org
Where can I find the form 990 for Global Restoration Trading Co?
Global Restoration Trading Co's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.global-outfitters.org
Learn more at the official website: www.global-outfitters.org
Mission Statement of Global Restoration Trading Co
Global Restoration Trading Co, as a part of its Christian service, is committed to providing relief to the impoverished and distressed individuals worldwide. This nonprofit organization achieves its mission by establishing market mechanisms. These mechanisms enable disadvantaged people, who have been trained by missionaries, mission organizations, relief organizations, and the like, to sell the goods they produce. These individuals often find themselves in underserved regions, lacking the necessary skills and local trusted markets to sustain themselves. By providing a platform for these individuals, Global Restoration Trading Co aims to alleviate poverty and contribute to their livelihoods, all while sharing the message of Jesus Christ.
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Impact
October, 2024
Global Restoration Trading Co creates significant impacts by establishing market mechanisms that empower impoverished communities around the world. By providing training and resources, individuals in underdeveloped regions learn to produce goods that can be sold, transforming their economic prospects and enhancing their ability to support themselves and their families.
The organization addresses the critical issue of market access. Many people in these disadvantaged areas lack the skills and local markets to sell their products. Global Restoration Trading Co bridges this gap by connecting these producers with broader markets, enabling them to earn a sustainable living. This not only alleviates poverty but also fosters a sense of dignity and self-sufficiency among those served.
Through its initiatives, the company not only focuses on economic empowerment but also integrates the principles of social justice and Christian service, aiming to uplift the poor and distressed while sharing spiritual teachings. The dual approach of economic and spiritual support creates holistic development opportunities that lead to lasting changes in communities.
Their impact is felt globally, as they work with various mission and relief organizations, amplifying their reach and effectiveness in tackling poverty. In doing so, Global Restoration Trading Co is not just providing immediate relief but is also laying the groundwork for sustainable futures for countless individuals across the globe.
This information is meant to be a general summary of Global Restoration Trading Co. 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.
- Program Service Revenue: $51,028
- Gross Receipts: $1,901,965
Assets and Liabilities:
- Total Assets: $234,029
- Total Liabilities: $6,825
- Net Assets: $227,204
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NWA FOR THE NATIONS CONF
Revenue
$51,028
Organization Details
Founding Year
2010
Phone
(479) 527-6424Principal Officer
Lee Epstein
Main Address
3011 N COLLEGE AVE, FAYETTEVILLE, AR, 72703
Website
www.global-outfitters.orgNTEE Category
Code: Q32 - International
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