Gospelnet Global Ministries Inc
- Assets
- $1.6k
- Revenue
- $925.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hendersonville, TN
- Founding
- 07/2016
- Data as of
- 12/2022
- EIN
- 47-5290546
Organization Overview
Gospelnet Global Ministries Inc is located in Hendersonville, TN. The organization was established in 2016. 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. Gospelnet Global Ministries 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 12/2022, Gospelnet Global Ministries Inc generated $925.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (34.9%) each year. All expenses for the organization totaled $780.0 during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (40.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE CONDUCTED AN ONLINE GOSPEL SUMMIT FROM 9 24 TO 9 26. RIGHTEOUSNESS BY FAITH REFOCUS: LOOK AND LIVE. A FEW TOPICS WERE: KEEPING THE MIND OF CHRIST CHRIST'S MINISTRY TO THE GRIEVING AND THE OATH OF GOD.
WE CONDUCTED AN ONLINE GOSPEL SUMMIT FROM 9 24 TO 9 26. RIGHTEOUSNESS BY FAITH REFOCUS: LOOK AND LIVE. A FEW TOPICS WERE: KEEPING THE MIND OF CHRIST CHRIST'S MINISTRY TO THE GRIEVING AND THE OATH OF GOD.
WE CONDUCTED AN ONLINE GOSPEL SUMMIT FROM 9 24 TO 9 26. RIGHTEOUSNESS BY FAITH REFOCUS: LOOK AND LIVE. A FEW TOPICS WERE: KEEPING THE MIND OF CHRIST CHRIST'S MINISTRY TO THE GRIEVING AND THE OATH OF GOD.
WE CONDUCTED AN ONLINE GOSPEL SUMMIT FROM 9 24 TO 9 26. RIGHTEOUSNESS BY FAITH REFOCUS: LOOK AND LIVE. A FEW TOPICS WERE: KEEPING THE MIND OF CHRIST CHRIST'S MINISTRY TO THE GRIEVING AND THE OATH OF GOD.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Pergerson President | 30 | $0 | |
Oliver Nelson Secretary | 10 | $0 | |
Chernae Saka Treasurer | 10 | $0 | |
Rey Forde Officer | 10 | $0 | |
Walton Whaley Director | 10 | $0 | |
Jenks Brutus Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $925 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $925 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $189 |
| Total operating and administrative expenses | $530 |
| Contributions, gifts, grants paid | $250 |
| Total expenses and disbursements | $780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,360 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $200 |
| Other assets | $0 |
| Total assets | $1,560 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
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