Overview
What is Resource Global?
Resource Global is a nonprofit organization situated in Chicago, Illinois, committed to revolutionizing international philanthropy. Their primary objective is to identify and analyze community needs globally, engaging local ministries and funders to collaboratively develop long-term solutions. Their vision is to empower ministries to create effective models tailored to each specific region and culture worldwide. Resource Global utilizes community analysis criteria and collaborates with indigenous leaders to facilitate goal setting, resource allocation, and capacity building. Their mission involves strategically investing finances and human resources into initiatives that promote the Gospel both locally and internationally. With a team of 20 dedicated individuals, they aim to impact international development and philanthropy through their unique methodology.
Official website here: www.resourceglobal.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating. This rating reflects Resource Global's commitment to transparency and effective financial management. The organization scored well in Accountability & Finance with an 81% rating, indicating a strong framework for governance and oversight, including a fully independent board and robust financial policies.
Resource Global excels in its operational structure, boasting a program expense ratio of 85.34%. This suggests that a significant portion of its funds is directed towards its programs and mission. Additionally, the organization has a clear set of strategic goals aimed at expanding its reach and enhancing its philanthropic culture, which bodes well for its future initiatives.
The Leadership & Adaptability score of 100 demonstrates the organization's strong leadership qualities and ability to adapt to changing circumstances. While the overall rating is solid, potential donors may want to monitor the organization’s progress on its strategic goals to gauge its ongoing effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Resource Global legitimate?
Resource Global is a legitimate nonprofit organization registered as a 501(c)(3) entity. Resource Global 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: $117,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $613,094
For more financial information, click here
Official website here: www.resourceglobal.org
What is the mission statement of Resource Global?
Resource Global's mission is to strategically invest, both financially and with human capital, into initiatives that promote the Gospel globally. The organization aims to redefine international philanthropy by engaging communities, identifying their needs, and uniting ministry partners to create long-term solutions. Resource Global's vision is to see community needs identified, analyzed, and supported by local ministries collaboratively. Their goal is to empower ministries to develop models that work in each specific region and culture worldwide, impacting international development and philanthropy. They achieve this through community analysis, cooperation with indigenous leaders, and partnerships with like-minded ministries and organizations.
Official website here: www.resourceglobal.org
Who is the CEO of Resource Global?
Tommy Lee is the Executive Dir. of Resource Global.
Official website here: www.resourceglobal.org
What is the revenue of Resource Global?
Resource Global's revenue in 2022 was $950,832.
Official website here: www.resourceglobal.org
Who are the executives of Resource Global and what are their salaries?
The average compensation at Resource Global during 2022 was $36,505. There are 20 employees and 50 volunteers at Resource Global.
Here are 12 key members and their salaries:
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Official website here: www.resourceglobal.org
Where can I find the form 990 for Resource Global?
Resource Global's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.resourceglobal.org
Learn more at the official website: www.resourceglobal.org
Mission Statement of Resource Global
Resource Global, a nonprofit organization, is dedicated to strategically investing both financially and with human capital into initiatives that propagate the Gospel globally. Their mission is to redefine international philanthropy by engaging communities, identifying their needs, and uniting ministry partners and funders to create sustainable solutions. They aim to see community needs recognized, analyzed, and supported by local ministries, fostering collaborative efforts among various organizations for the advancement of the Gospel. The long-term goal of Resource Global is to equip ministries with the necessary skills to develop effective models tailored to specific regional and cultural contexts, ultimately contributing to international development and philanthropy transformation. By employing community analysis criteria and forging partnerships with like-minded indigenous ministries, Resource Global serves as a resource manager and mediator, guiding the establishment of shared goals, resource allocation, and capacity building where required.
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Impact
October, 2024
Resource Global is making a significant impact by redefining the approach to philanthropy, particularly in relation to community development and the advancement of the Gospel. By strategically investing financial and human resources into local and global initiatives, the organization is addressing community needs in a thoughtful and systematic way.
The vision of Resource Global centers on identifying and analyzing specific community needs and fostering collaboration among local ministries and organizations. This collaborative approach ensures that resources are channeled effectively, enabling ministries to leverage their expertise and work together towards common goals. This initiative not only enhances the effectiveness of local ministries but also rebuilds the framework of international philanthropy by prioritizing long-term solutions over temporary fixes.
At the core of their methodology is a community analysis process that allows for a deep understanding of the unique characteristics and challenges faced by different communities. By partnering with indigenous leaders, Resource Global is positioned to act as a resource manager and mediator, ensuring that partner organizations receive the capacity-building support necessary to maximize their impact.
By creating networks among like-minded ministries and organizations working on shared issues, Resource Global amplifies efforts to address these challenges. Their commitment to coaching and developing sustainable models tailored to the regional and cultural context contributes to a transformative approach to international development.
Ultimately, Resource Global's work is not just about providing resources but about fostering a collaborative ecosystem where local ministries can thrive and make a lasting impact on their communities. Through this holistic approach, they are reshaping how the church serves communities worldwide, leading to a brighter, more impactful future for many vulnerable populations.
This information is meant to be a general summary of Resource Global. 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: $24
- Program Service Revenue: $259,755
- Gross Receipts: $950,832
Assets and Liabilities:
- Total Assets: $290,160
- Total Liabilities: $1,254,817
- Net Assets: -$964,657
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Agent Management Fees
Revenue
$3,235
Consulting Fees
Revenue
$254,347
Registration Fees
Revenue
$2,173
Organization Details
Founding Year
2011
Phone
(773) 519-8287Principal Officer
Tommy Lee
Main Address
3520 S Morgan Street 102, CHICAGO, IL, 60609
Website
www.resourceglobal.orgNTEE Category
Code: X20 - Religion related
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