Overview
What is Global Effect Ministry Inc?
Global Effect Ministry Inc is a charitable organization committed to uplifting economically disadvantaged countries. Their mission encompasses various projects, including agricultural initiatives, micro-lending programs, and clean water distribution. Additionally, they are involved in education, sponsoring college scholarships and implementing character development programs in public high schools. Furthermore, Global Effect Ministry Inc extends its reach through micro-lending, empowering local communities to become self-sufficient.
Official website here: www.globaleffect.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (58%)
Global Effect Ministry Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. With a score of 58%, the organization lacks independent board members and fails to provide financial statements, which raises red flags about transparency and governance practices.
Despite the low rating, the nonprofit does have strengths in certain areas. It demonstrates a strong program expense ratio of 91.69%, suggesting that a large portion of its funds is directed towards its programs. Additionally, the organization has policies in place for conflict of interest and maintains minutes from board meetings, showing some level of operational diligence.
However, the absence of critical policies such as a whistleblower policy and document retention guidelines, coupled with missing tax forms on its website, points to potential weaknesses in its overall governance. These limitations may hinder donor trust and could impact the organization's ability to attract funding and support in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is Global Effect Ministry Inc legitimate?
Global Effect Ministry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Effect Ministry 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: $172,985
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,686
For more financial information, click here
Official website here: www.globaleffect.org
What is the mission statement of Global Effect Ministry Inc?
Global Effect Ministry Inc is a charitable organization dedicated to promoting economic development in third-world nations. They achieve this through various initiatives, including agricultural projects, micro-lending programs, clean water distribution, and education programs. The education sector involves sponsoring college scholarships and implementing Character Counts programs in public high schools. Their mission is to foster economic growth and improve living standards in these countries.
Official website here: www.globaleffect.org
Who is the CEO of Global Effect Ministry Inc?
Scott Steelman is the President of Global Effect Ministry Inc.
Official website here: www.globaleffect.org
What is the revenue of Global Effect Ministry Inc?
Global Effect Ministry Inc's revenue in 2022 was $868,382.
Official website here: www.globaleffect.org
Who are the executives of Global Effect Ministry Inc and what are their salaries?
The average compensation at Global Effect Ministry Inc during 2022 was $77,557. There are 3 employees at Global Effect Ministry Inc.
Here are 6 key members and their salaries:
- Compensation: $117,905
- Related: $0
- Other: $0
- Compensation: $39,600
- Related: $0
- Other: $0
- Compensation: $15,480
- 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.globaleffect.org
Where can I find the form 990 for Global Effect Ministry Inc?
Global Effect Ministry Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.globaleffect.org
Learn more at the official website: www.globaleffect.org
Mission Statement of Global Effect Ministry Inc
Global Effect Ministry, a charitable organization, is dedicated to driving economic development in third-world countries. They accomplish this through various initiatives, including agricultural projects, micro-lending programs, and clean water distribution. Furthermore, their education programs extend to sponsoring college scholarships and implementing Character Counts programs in public high schools. The organization's mission is to foster growth and improve living standards in these countries, empowering communities and individuals to build a better future.
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Impact
July, 2024
Global Effect Ministry Inc's impact can be seen in the positive changes it brings to 3rd world countries through economic development initiatives. Their agricultural project and micro-lending programs create sustainable solutions that help communities thrive. By distributing clean water and providing education programs, including college scholarships and character-building initiatives in public high schools, Global Effect Ministry is empowering individuals to break the cycle of poverty and improve their quality of life. Through their dedication to these causes, they are making a significant difference in the lives of those in need.
This information is meant to be a general summary of Global Effect Ministry 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.
- Gross Receipts: $868,382
Assets and Liabilities:
- Total Assets: $501,715
- Total Liabilities: $76,197
- Net Assets: $425,518
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Organization Details
Founding Year
2008
Phone
(954) 892-9420Principal Officer
Scott Steelman
Main Address
PO BOX 611635, ROSEMARY BEACH, FL, 32461
Website
www.globaleffect.orgNTEE Category
Code: X032 - Religion related
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