Overview
What is Global Advance Inc?
Global Advance Inc is a nonprofit organization situated in Dallas, Texas. With a mission to fulfill the Great Commission of Jesus Christ, they strive to empower local church leaders worldwide, encouraging them to spread the gospel and establish churches among the unreached. Their primary focus is on empowerment, aiming to help these leaders advance their ministries and fulfill their full missions potential. To accomplish this, Global Advance Inc provides various resources, training, and coaching, fostering collaborative teams and strategies. With a modest workforce of 13 individuals, they play a significant role in supporting global evangelism efforts.
Official website here: www.globaladvance.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 85% (Three-Star out of Four Star rating)
Global Advance Inc has earned an 85% rating on Charity Navigator, reflecting a solid performance in accountability and financial management. The organization demonstrates strong governance with 81% of its board members being independent and has no material diversion of assets, which indicates a commitment to ethical practices. Their financial ratios show a healthy organization, particularly with a low liabilities to assets ratio and high program expense ratio, showcasing effective use of funds towards their mission.
The charity's high program expense ratio of 74.22% suggests that a significant portion of its expenditures is directed towards its programs, rather than administrative costs. This efficiency is further underscored by an impressive fundraising efficiency ratio, indicating that very little is spent to raise each dollar of donations, which can be attractive to potential donors. Additionally, the organization maintains important policies such as conflict of interest and whistleblower policies, ensuring transparency and accountability.
Overall, while Global Advance Inc shows many strengths in governance and financial management, the three-star rating suggests there may still be some areas for improvement as they strive for higher recognition in the nonprofit sector. However, their current standing reflects a trustworthy organization that effectively manages its resources to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Global Advance Inc legitimate?
Global Advance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Advance 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: $274,493
Professional Fundraising Fees: $0
Other Salaries and Wages: $721,646
For more financial information, click here
Official website here: www.globaladvance.org
What is the mission statement of Global Advance Inc?
Global Advance Inc's mission is centered around fulfilling Jesus Christ's Great Commission to spread the gospel and make disciples of all nations. They achieve this by empowering national church leaders to advance the gospel and plant churches among the unreached. Furthermore, Global Advance encourages the church to reach its full missions potential by providing training, ministry, coaching, resources, and collaborative strategies for leaders worldwide. Their aim is to equip and support these leaders globally, contributing to the spread of Christianity and the establishment of new churches.
Official website here: www.globaladvance.org
Who is the CEO of Global Advance Inc?
Jonathan Shibley is the President/Dir of Global Advance Inc.
Official website here: www.globaladvance.org
What is the revenue of Global Advance Inc?
Global Advance Inc's revenue in 2022 was $2,550,715.
Official website here: www.globaladvance.org
Who are the executives of Global Advance Inc and what are their salaries?
The average compensation at Global Advance Inc during 2022 was $76,626. There are 13 employees and 206 volunteers at Global Advance Inc.
Here are 11 key members and their salaries:
- Compensation: $178,500
- Related: $0
- Other: $12,540
- Compensation: $74,320
- Related: $0
- Other: $9,133
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.globaladvance.org
Where can I find the form 990 for Global Advance Inc?
Global Advance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.globaladvance.org
Learn more at the official website: www.globaladvance.org
Mission Statement of Global Advance Inc
Global Advance Inc is a nonprofit organization dedicated to fulfilling Jesus Christ's Great Commission of spreading the Gospel to all nations. Their mission is threefold: firstly, they empower national church leaders to advance the Gospel and plant churches among the unreached. Secondly, they encourage the church to realize its full missions potential. This is achieved through providing training, ministry, coaching, resources, and building collaborative teams and strategies for leaders worldwide. By doing so, Global Advance Inc plays a crucial role in the global spread of Christianity and the establishment of new churches in under-reached areas.
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Impact
July, 2024
Global Advance Inc's impact is felt worldwide as it empowers national church leaders to advance the gospel and plant churches among the unreached. By providing training, ministry, coaching, resources, and building collaborative teams and strategies, Global Advance is enabling leaders to fulfill the Great Commission of Jesus Christ. Through their efforts, they are encouraging the church to reach its full missions potential and make disciples of all nations.
This information is meant to be a general summary of Global Advance 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: $116,256
- Gross Receipts: $3,820,508
Assets and Liabilities:
- Total Assets: $7,496,423
- Total Liabilities: $10,520
- Net Assets: $7,485,903
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Organization Details
Founding Year
1990
Phone
(972) 771-9042Principal Officer
Jonathan Shibley
Main Address
PO BOX 742077, DALLAS, TX, 75374
Website
www.globaladvance.orgNTEE Category
Code: X20Z - Religion related
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