Gem Resources International
- Assets
- $337.7k
- Revenue
- $255.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Berrien Springs, MI
- Founding
- 10/1993
- Data as of
- 12/2021
- EIN
- 38-3114488
Organization Overview
Gem Resources International is located in Berrien Springs, MI. The organization was established in 1993. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gem Resources International 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, Gem Resources International generated $255.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.4%) each year. All expenses for the organization totaled $256.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.8%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FUNDING FOR EDUCATIONAL AND MEDICAL PROJECTS IN DEV COUNTRIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUNGULUNI PROJECT
CRADLE OF LOVE ORPHANAGE
SWISS SIERRA LEONE DEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Von Dorpowski Treasurer | Officer | 3 | $4,960 |
David Grellmann President | OfficerTrustee | 5 | $0 |
Gorden Doss Board Member | Trustee | $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 | $239,980 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $239,980 |
| Total Program Service Revenue | $0 |
| Investment income | $15,748 |
| 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 | $255,728 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $246,848 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,960 |
| Compensation of current officers, directors, key employees. | $4,960 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,250 |
| Fees for services: Accounting | $765 |
| 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 | $927 |
| Information technology | $130 |
| 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 | $50 |
| Total functional expenses | $256,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,056 |
| Savings and temporary cash investments | $177,642 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $110,000 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $337,698 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $167,757 |
| Net assets with donor restrictions | $169,941 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $337,698 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gem Resources International has recieved totaling $13.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mercy-Usa For Aid And Development Inc Plymouth, MI | $10,231,459 | $64,709,039 |
Caring Partners International Inc Franklin, OH | $5,257,650 | $39,639,257 |
Cure International Inc Grand Rapids, MI | $64,472,066 | $39,923,691 |
World Medical Relief Incorporated Southfield, MI | $2,456,304 | $31,548,187 |
Christel House International Inc Indianapolis, IN | $93,680,993 | $18,546,381 |
Palestine Childrens Relief Fund Kent, OH | $38,017,792 | $21,671,085 |
Adventist Frontier Missions Inc Berrien Springs, MI | $13,681,877 | $9,406,971 |
Water For Good Indianapolis, IN | $3,104,528 | $5,973,756 |
Afrika Tikkun Usa Inc Columbus, OH | $5,127,068 | $10,291,044 |
Central American Medical Outreach Inc Orrville, OH | $1,259,322 | $3,903,731 |
International Samaritan Ann Arbor, MI | $25,596,341 | $2,530,295 |
Community Systems Foundation Ann Arbor, MI | $1,779,833 | $2,966,882 |