Global Development Services Inc
- Assets
- $641.1k
- Revenue
- $190.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Spicer, MN
- Founding
- 06/2001
- Data as of
- 12/2021
- EIN
- 41-1996847
Organization Overview
Global Development Services Inc is located in Spicer, MN. The organization was established in 2001. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, 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. Global Development Services 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 Development Services Inc generated $190.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $168.4k during the year ending 12/2021. 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
TO PROMOTE THE DEVELOPMENT OF AND TO PROVIDE SOCIAL AND FINANCIAL SUPPORT TO CHILDREN'S HOMES, SCHOOLS AND MEDICAL FACILITIES WITHIN AND WITHOUT THE U.S.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SOCIAL AND FINANCIAL AID TO CHILDREN'S HOMES, SCHOOLS, AND MEDICAL FACILITIES FOR THE UNDERPRIVILEGED IN GUATEMALA. WORKING TOWARD THE CONSTRUCTION OF A VOCATIONAL SCHOOL IN THE REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Clark Secretary | OfficerTrustee | 0.23 | $0 |
Fred Roguske President | OfficerTrustee | 3 | $0 |
Mike Calvin Director | Trustee | 0.23 | $0 |
Heather Carver Director | Trustee | 0.23 | $0 |
Ron Haraldson Director | Trustee | 0.23 | $0 |
Cindy Roelofs Director | Trustee | 0.23 | $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 | $190,143 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $190,143 |
| Total Program Service Revenue | $0 |
| Investment income | $67 |
| 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 | $190,210 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $45,800 |
| Grants and other assistance to Foreign Orgs/Individuals | $118,777 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,315 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $33 |
| 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 | $0 |
| Total functional expenses | $168,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $326 |
| Savings and temporary cash investments | $90,782 |
| 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 | $550,000 |
| 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 | $641,108 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $68,628 |
| 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 | $68,628 |
| Net assets without donor restrictions | $572,480 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $641,108 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Global Development Services Inc has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
P E O International Peace Scholarship Fund Des Moines, IA | $7,924,621 | $2,011,865 |
Worldwide Foundation For Credit Unions Inc Madison, WI | $2,638,598 | $2,495,321 |
American Friends Of Orr Shalom Inc Janesville, WI | $19,611 | $1,505,147 |
Outstretched Hands Of Romania Inc New Berlin, WI | $104,711 | $425,410 |
International Academy Of Trial Lawyers Foundation Roseville, MN | $8,069,641 | $195,874 |
Gather1 Stoughton, WI | $29,015 | $213,800 |
Global Development Services Inc Spicer, MN | $641,108 | $190,210 |
Friends Of Madagascar Mission Inc Victoria, MN | $571,729 | $455,139 |
Mazahua Valley Ministries Plymouth, MN | $169,587 | $0 |
Chenrezig Fund Inc Madison, WI | $70,093 | $0 |
East Africa Medical Assistance Foundation Minneapolis, MN | $149,750 | $53,713 |
Outreach Africa Inc Merrifield, MN | $25,009 | $0 |