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Global Renewal Inc

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

EIN: 272190573 ✦ Frisco, TX ✦ Designated as a 501(c)(3)

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Overview

What is Global Renewal Inc?

Global Renewal Inc is a nonprofit organization based in Frisco, Texas, with a focus on Cambodia. They are committed to tackling issues such as child trafficking and extreme poverty, which are prevalent in the country. Their initiatives include operating safe houses for boys and girls, leadership training institutes, online educational programs, school sponsorships, and community outreach programs. The organization aims to empower local leaders and provide a hopeful environment for the vulnerable, striving to transform and impact Cambodian societies. With a small team of two employees, Global Renewal Inc is dedicated to addressing the nation's challenges and fostering a brighter future for its people.


Official website here: www.globalrenewal.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star Rating.

Global Renewal Inc demonstrates solid accountability and finance practices, with a notable Program Expense Ratio of 80.59%. The organization boasts a strong Culture & Community score of 100, reflecting its commitment to fostering a supportive environment. While the majority of board members are independent, there is a noted absence of a whistleblower policy, which may be a consideration for potential donors and volunteers.

User reviews on Great Nonprofits highlight the impactful work Global Renewal is doing, particularly in combating human trafficking in Southeast Asia. Volunteers express deep appreciation for the organization's effectiveness and transparency, emphasizing the transformative influence it has on local communities and leaders. The experiences shared illustrate a strong commitment to the cause and a supportive team environment.

Overall, Global Renewal Inc presents a strong profile with a focus on leadership development and adaptability. However, addressing the lack of a whistleblower policy could enhance its accountability framework further.


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

Is Global Renewal Inc legitimate?

Global Renewal Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Renewal 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: $0

For more financial information, click here


Official website here: www.globalrenewal.org

What is the mission statement of Global Renewal Inc?

Global Renewal Inc's mission is centered around two key objectives. Firstly, the organization aims to train nationals to become influential leaders who can positively transform and impact societies through their actions and words. Secondly, Global Renewal is committed to rescuing the vulnerable and providing them with an environment filled with hope and restoration. This is achieved through various initiatives, including safe houses for children, leadership training institutes, online educational programs, school sponsorships, and community outreach programs. The organization's efforts are primarily focused on addressing challenges such as child trafficking and extreme poverty in various communities.


Official website here: www.globalrenewal.org

Who is the CEO of Global Renewal Inc?

David Chacko is the President of Global Renewal Inc.


Official website here: www.globalrenewal.org

What is the revenue of Global Renewal Inc?

Global Renewal Inc's revenue in 2022 was $650,244.


Official website here: www.globalrenewal.org

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

There are 2 employees and 58 volunteers at Global Renewal Inc.


Here are 10 key members and their salaries:


David Chacko (President)
  • Compensation: $48,000
  • Related: $0
  • Other: $0
Liney Chacko (Vice President/Secretary)
  • Compensation: $36,000
  • Related: $0
  • Other: $0
Kyle Coe (Treasurer)
  • Compensation: $2,100
  • Related: $0
  • Other: $0
Gordon Banks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derozette Banks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Samuel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Tripode (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenniefer Tripode (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Price (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Price (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.globalrenewal.org

Where can I find the form 990 for Global Renewal Inc?

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


Official website here: www.globalrenewal.org

Learn more at the official website: www.globalrenewal.org

Mission Statement of Global Renewal Inc

Global Renewal Inc, as a nonprofit organization, is dedicated to two primary objectives. Firstly, it aims to cultivate local leaders who can transform and positively influence their societies through their actions and words. This is achieved by providing training and guidance to individuals, empowering them to make a lasting impact in their communities.

Secondly, Global Renewal Inc is committed to rescuing and providing a sanctuary of hope for the helpless. It creates an environment where those in dire circumstances can find restoration and recovery. This is evident in its operation of safe houses for children in Cambodia, a country known for child trafficking. In addition to these safe houses, Global Renewal Inc also operates leadership training institutes, online educational programs, school sponsorships, and community outreach programs in impoverished areas of Cambodia. These initiatives aim to tackle the challenges of extreme poverty and limited economic opportunities in the nation.

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Impact




July, 2024

Global Renewal Inc's impact lies in its comprehensive efforts to address the critical issues of child trafficking and extreme poverty in Cambodia. Through its initiatives such as operating safe houses for children, providing leadership training institutes, online educational programs, school sponsorships for impoverished children, and community outreach and feeding programs, Global Renewal is actively working to transform Cambodian society and provide hope and restoration to those in need. With a focus on training nationals to become leaders who can make a lasting impact, Global Renewal is making a significant difference in the lives of vulnerable populations and helping to create a better future for Cambodia.




This information is meant to be a general summary of Global Renewal 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
$650,244 (2022)
Expenses
$438,362 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18
  • Gross Receipts: $688,702

Assets and Liabilities:

  • Total Assets: $804,014
  • Total Liabilities: $16,859
  • Net Assets: $787,155

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Organization Details

Founding Year

2010

Principal Officer

David Chacko

Main Address

PO Box 6005, Frisco, TX, 75035

NTEE Category

Code: P20 - Human services

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