Global Impact Inc
- Assets
- $473.2k
- Revenue
- $878.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Montgomery, AL
- Founding
- 08/1999
- Data as of
- 12/2021
- EIN
- 63-1229918
Organization Overview
Global Impact Inc is located in Montgomery, AL. The organization was established in 1999. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Global Impact Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Impact 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 Impact Inc generated $878.9k in total revenue. All expenses for the organization totaled $844.5k during the year ending 12/2021. While expenses have increased by 78.0% per year over the past 5 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
PROVIDE HUMANITARIAN ASSISTANCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED INTERNATIONAL ASSISTANCE THROUGH MISSIONARY OUTREACH BY SUPPLYING & ASSISTING A SCHOOL IN UGANDA, HELPED WITH PUBLIC INFORMATIONAL RADIO IN BOTH UGANDA & TOGO, SUPPLIED ASSISTANCE WITH PHYSICAL NEEDS & EDUCATIONAL NEEDS WITH A WOMEN AND CHILDRENS HOME IN KENYA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard A Groover Jr President | Officer | 40 | $100,349 |
Michael T Perry Assistant Director | Trustee | 40 | $59,150 |
Tracy Groover Secretary - Treasurer | Officer | 40 | $0 |
Greg Salyers Board Member | Trustee | 1 | $0 |
S E Gillespie Board Member | Trustee | 1 | $0 |
Steven P Floyd Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,350 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $493,820 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $497,170 |
| Total Program Service Revenue | $379,019 |
| Investment income | $23 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,700 |
| 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 | $878,912 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $125,303 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $177,692 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,851 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $550 |
| 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 | $1,099 |
| Information technology | $1,231 |
| Royalties | $0 |
| Occupancy | $409,042 |
| Travel | $256 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,184 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $312 |
| Insurance | $3,230 |
| All other expenses | $71,613 |
| Total functional expenses | $844,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,217 |
| 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 | $380,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $473,217 |
| 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 | $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 | $473,217 |
| Total liabilities and net assets/fund balances | $473,217 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Global Impact Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Love A Child Inc Fort Myers, FL | $28,821,954 | $47,162,962 |
Salvadoran American Humanitarian Foundation Inc Miami, FL | $1,584,356 | $23,865,224 |
Global Outreach International Inc Tupelo, MS | $17,084,883 | $17,437,149 |
Advocates For World Health Inc Largo, FL | $1,849,097 | $14,932,639 |
Kids Alive International Inc Alpharetta, GA | $13,632,036 | $14,142,637 |
Compassion Heritage Foundation Inc Jacksonville, FL | $2,359,960 | $11,606,072 |
African Mission Healthcare Foundation DeLand, FL | $29,885,359 | $23,989,461 |
Amigos For Christ Buford, GA | $4,217,846 | $8,607,219 |
Insulin For Life Usa Inc Gainesville, FL | $7,217,189 | $8,108,896 |
Watoto Child Care Ministry Inc Tampa, FL | $4,552,352 | $8,144,856 |
Lwala Community Alliance Inc Nashville, TN | $17,369,042 | $16,360,531 |
Favor International Inc Bradenton, FL | $3,030,494 | $5,819,335 |