Global Renewal Inc
- Assets
- $582.7k
- Revenue
- $565.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Frisco, TX
- Founding
- 08/2010
- Data as of
- 12/2021
- EIN
- 27-2190573
Organization Overview
Global Renewal Inc is located in Frisco, TX. The organization was established in 2010. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Global Renewal Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Renewal 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 12/2021, Global Renewal Inc generated $565.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $346.7k during the year ending 12/2021. While expenses have increased by 6.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
GLOBAL RENEWAL EXISTS TO 1 TRAIN NATIONALS TO BECOME LEADERS WHO THROUGH WORD AND DEED TRANSFORM AND IMPACT SOCIETIES, AND 2 TO RESCUE THE HELPLESS AND PROVIDE AN ENVIRONMENT OF HOPE AND RESTORATION. SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMBODIA IN CAMBODIA, WE ARE INVOLVED IN ANTI TRAFFICKING EFFORTS WHICH INCLUDE RESCUE AND SAFE HOUSES, LEADERSHIP TRAINING, EDUCATIONAL SPONSORSHIPS, COMMUNITY OUTREACHES AND FEEDING PROGRAMS.
VIETNAM OUR FOCUS IN VIETNAM IS LEADERSHIP TRAINING AND HUMANITARIAN EFFORTS IN TIMES OF NATURAL DISASTERS.
INDONESIA -- IN INDONESIA, WE ARE INVOLVED IN ANTI TRAFFICKING EFFORTS WHICH INCLUDE RESCUE AND SAFE HOUSES, LEADERSHIP TRAINING, COMMUNITY OUTREACH TO A BROTHEL VILLAGE, AN EDUCATIONAL CENTER, AND FEEDING PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Chacko President | OfficerTrustee | 50 | $48,000 |
Liney Chacko Vice President/secretary | OfficerTrustee | 45 | $36,000 |
Kyle Coe Treasurer | OfficerTrustee | 0.3 | $0 |
Gordon Banks Board Member | Trustee | 1 | $0 |
Ryan Tripode Board Member | Trustee | 1.1 | $0 |
Jenniefer Tripode Board Member | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $529,230 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $529,230 |
| Total Program Service Revenue | $0 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $36,081 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $565,317 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,500 |
| Grants and other assistance to domestic individuals. | $10,406 |
| Grants and other assistance to Foreign Orgs/Individuals | $845 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $83,500 |
| Compensation of current officers, directors, key employees. | $8,350 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,648 |
| Payroll taxes | $0 |
| Fees for services: Management | $21,213 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,540 |
| Office expenses | $15,605 |
| Information technology | $3,930 |
| Royalties | $0 |
| Occupancy | $665 |
| Travel | $11,084 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,371 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,192 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $346,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $477,015 |
| 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 |
| Net Land, buildings, and equipment | $105,713 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $582,728 |
| Accounts payable and accrued expenses | $8,098 |
| 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 | $8,098 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $574,630 |
| Total liabilities and net assets/fund balances | $582,728 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Global Renewal Inc has recieved totaling $6,152.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $152 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lutheran Social Service Of The South Inc Austin, TX | $61,046,286 | $96,832,412 |
El Centro Del Barrio Inc San Antonio, TX | $91,252,083 | $101,246,096 |
Community Action Project Of Tulsa County Inc Tulsa, OK | $75,774,694 | $60,674,476 |
St Hope Foundation Inc Houston, TX | $24,463,545 | $68,716,621 |
South Plains Community Action Association Inc Levelland, TX | $29,457,762 | $62,394,779 |
Community Action Corporation Of South Texas Alice, TX | $17,286,971 | $61,888,354 |
Catholic Charities Of Dallas Inc Dallas, TX | $38,189,744 | $60,557,267 |
Goodwill Industries Of San Antonio Contract Services San Antonio, TX | $23,203,084 | $40,622,954 |
Texas Pregnancy Care Network Austin, TX | $10,724,863 | $36,961,915 |
West Texas Opportunities Lamesa, TX | $6,432,231 | $36,739,532 |
Catholic Charities Diocese Of Fort Worth Fort Worth, TX | $33,220,571 | $32,415,025 |
Louisiana United Methodist Children And Family Services Inc Ruston, LA | $89,566,145 | $35,567,717 |