Globe Outreach Inc
- Assets
- $17.1k
- Revenue
- $72.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Colleyville, TX
- Founding
- 05/2004
- Data as of
- 12/2019
- EIN
- 20-0537295
Organization Overview
Globe Outreach Inc is located in Colleyville, TX. The organization was established in 2004. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2017, Globe Outreach Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Globe Outreach Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Globe Outreach Inc generated $72.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $71.2k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
CHRISTIAN MISSIONS, EVANGELISM AND PREACHING
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS IS THE 11TH YEAR OF OUR MINISTRY WORKING IN ZAMBIA THROUGH THE J.O. CHIFUNDO SCHOOL. THIS SCHOOL IS FOCUSED ON DEVELOPING CHILDEREN IN THE KALINGALINGA COMPOUND OF LUSAKA. THIS SCHOOL PROVIDES AN EDUCATION TO UNDERPRIVELEGED CHILDREN.
THIS IS OUR 11TH YEAR OF MINISTRY IN LUSAKA, ZAMBIA. OUR PRIMARY FOCUS IS TO SPIRITUALLY INVEST IN AND SUPPORT LOCAL LEADERS AND PASTORS IN ORDER TO MAKE DISCIPLES OF JESUS CHRIST. WE ARE CONDUCTING THE WORK THROUGH A NATIONAL LEADER AND TEAM WHO MAKE AN ONGOING INVESTMENT IN COUNTRY LEADERS.
THIS IS OUR THIRD YEAR IN WORKING IN THE AREA OF DISCIPLESHIP. THIS WORK IS CONDUCTED IN VARIOUS COUNTRIES. WE ARE IN ROMANIA, ZAMBIA, POLAND, EL SALVADOR AND BURKINA FASO. THIS WORK IS FOCUSED ON DISCIPLING AND TRAINING LEADERS AND PASTORS IN LOCAL CHURCHES IN EACH COUNTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Etheredge Director | Trustee | 0 | $0 |
David Fedele President | Officer | 40 | $0 |
Randy Daniels Vice President | Officer | 0 | $0 |
Shepherd Deetz Treasurer | Officer | 0 | $0 |
Glenn Underhill Secretary | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,110 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $72,110 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,827 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $467 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $7,149 |
| Total functional expenses | $71,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,091 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,091 |
| Accounts payable and accrued expenses | -$4,353 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | -$4,353 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $21,444 |