Global Commerce Network
- Assets
- $94.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 03/1997
- Data as of
- 12/2021
- EIN
- 33-0629280
Organization Overview
Global Commerce Network is located in Colorado Springs, CO. The organization was established in 1997. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Commerce Network 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 Commerce Network generated $104.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $93.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE GROWTH, NURTURE, AND SPREAD OF THE CHRISTIAN FAITH AND THE TEACHING OF BIBLICAL VALUES AND TRUTHS BY PUBLISHING AND DISTRIBUTING OF HUNDREDS OF EDUCATION BOOKS DESIGNED FOR YOUNG PROFESSIONALS, BUSINESS LEADERS, AND STARTUP ENTREPRENEURS AND HOLDING NUMBEROUS CONFERENCES AND SEMINARS FOR YUNG PROFESSIONALS AND BUSINESS LEADERS AT NO COST TO PARTICIPANTS AS WELL AS SUPPORTING NUMEROUS SMALL BUSINESS STARTUPS WITH PRO-BONO SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Mcmahan Chairman | 40 | $0 | |
Rob Oldach Director | 2 | $0 | |
Tom Peterson Director | 0 | $0 | |
Jack Benjamin Director | 1 | $0 | |
Jerry White Director | 1 | $0 | |
Darrell Dooyema Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,282 |
| Total Program Service Revenue | $1,356 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,638 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,331 |
| Other expenses | $89,999 |
| Total expenses | $93,130 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,233 |
| Other assets | $0 |
| Total assets | $94,233 |
| Total liabilities | $0 |
| Net assets or fund balances | $94,233 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Global Commerce Network has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
The Teubner Foundation Stillwater, OK PURPOSE: GENERAL BUDGET | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Summit Ministries Inc Manitou Springs, CO | $15,859,073 | $12,358,452 |
Glorieta 2-0 Inc Glorieta, NM | $10,000,063 | $8,243,412 |
India Transformed Denver, CO | $8,662,864 | $16,064,070 |
Messenger International Inc Palmer Lake, CO | $6,208,879 | $7,054,114 |
New Life Ranch Inc Colcord, OK | $22,344,755 | $6,024,517 |
C I O S Wilson, WY | $98,349,403 | $2,570,504 |
Bfp International Inc Tulsa, OK | $1,723,620 | $6,364,406 |
Global Training Network Inc Peoria, AZ | $3,445,890 | $6,634,687 |
The Colson Center For Christian Worldview Colorado Springs, CO | $4,055,762 | $6,867,019 |
China Harvest Inc Wichita, KS | $5,105,499 | $5,918,919 |
Langham Partnership Usa Inc Nfp Cave Creek, AZ | $4,743,435 | $6,322,505 |
The Officers Christian Fellowship Of The United States Of America Englewood, CO | $22,544,775 | $9,225,583 |