Global Training Network Inc
- Assets
- $3.4m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 59
- Location
- Peoria, AZ
- Founding
- 08/2004
- Data as of
- 12/2021
- EIN
- 68-0586399
Organization Overview
Global Training Network Inc is located in Peoria, AZ. The organization was established in 2004. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Global Training Network Inc employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Training Network 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 Training Network Inc generated $6.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $6.1m during the year ending 12/2021. While expenses have increased by 7.6% per year over the past 7 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
THE ORGANIZATION IS AN INTER-DENOMINATIONAL MINISTRY UNITING EVANGELICAL CHRISTIAN CHURCHES AND LEADERS AROUND THE MISSION OF EQUIPPING AND TRAINING INDIGENOUS CHURCH PLANTERS,PASTORS AND CHRISTIAN LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBAL TRAINING NETWORK HOLD PASTORS TRAINING CONFERENCES THROUGHTOUT THE WORLD
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Madson President | OfficerTrustee | 50 | $170,386 |
Joel Madson Independent Vice Pres | OfficerTrustee | 50 | $85,790 |
Harold Harris Independent Board Member | OfficerTrustee | 5 | $0 |
Michael Temple Chairman | OfficerTrustee | 5 | $0 |
Bruce Beyler Secretary/independent | OfficerTrustee | 5 | $0 |
Brian Mee Independent Board Member | OfficerTrustee | 5 | $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 | $6,625,553 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,625,553 |
| Total Program Service Revenue | $0 |
| Investment income | $9,134 |
| 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 | $6,634,687 |
| 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. | $598,331 |
| Compensation of current officers, directors, key employees. | $29,661 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,453,617 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,251,941 |
| Payroll taxes | $20,895 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,192 |
| 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 | $27,781 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $521,975 |
| 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 | $6,063,228 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,440,776 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,114 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,445,890 |
| 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 | $3,445,890 |
| 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 | $3,445,890 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Global Training Network Inc has recieved totaling $4,500.
| Awarding Organization | Amount |
|---|---|
Diane And Steve Clark Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $3,500 |
Diane And Steve Clark Family Foundation Wilmington, DE PURPOSE: JOEL AND KATHY MADSON MISSIONARY FUND | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amazing Facts International Granite Bay, CA | $89,775,280 | $35,047,793 |
Kingdom Causes Long Beach, CA | $4,022,983 | $21,219,613 |
Youth With A Mission San Diego-Baja Chula Vista, CA | $22,048,486 | $17,148,909 |
Christ-Centered Ministries Inglewood, CA | $3,642,191 | $13,458,260 |
Neighborhood Ministries Inc Phoenix, AZ | $8,839,353 | $14,695,989 |
Latino Coalition For Community Leadership Bakersfield, CA | $2,661,885 | $14,445,845 |
Living Stream Anaheim, CA | $110,298,756 | $20,926,950 |
Community Bible Study Colorado Springs, CO | $19,076,306 | $12,975,441 |
Cadence International Englewood, CO | $9,762,190 | $12,602,895 |
Youth For Christ International Ministries Englewood, CO | $7,359,781 | $13,249,220 |
Rescue International Dana Point, CA | $7,874,025 | $9,695,100 |
Summit Ministries Inc Manitou Springs, CO | $15,859,073 | $12,358,452 |