Step Forward Global Ministries Inc
- Assets
- $1.8m
- Revenue
- $846.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Duluth, GA
- Founding
- 02/2017
- Data as of
- 12/2023
- EIN
- 81-4496446
Organization Overview
Step Forward Global Ministries Inc is located in Duluth, GA. The organization was established in 2017. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Step Forward 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 12/2023, Step Forward Global Ministries Inc generated $846.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.4% each year . All expenses for the organization totaled $386.3k during the year ending 12/2023. While expenses have increased by 32.9% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
STEP FORWARD GLOBAL MINISTRIES EXISTS TO PRODIVE RELIGIOUS TRAINING, EDUCATION AND CONFERENCES IN THE AREAS OF BIBLICAL LEADERSHIP, DISCIPLESHIP TRAINING, CHURCH MATURITY, STEWARDSHIP & GENORSITY, AS WELL AS OTHER SPECIAILITY RELIGIOUS TRAINING FOR CHURCH LEADERS AROUND THE WORLD. THE ORGANIZATION WILL ALSO ASSIST WITH THE HUMANITARIAN CAUSES INCLUDING RESPONDING TO REFUGEE CRISES, NATURAL DISATERS (EARTHQUAKES, TSUNAMI, ETC.) AND ASSISTING THE POOR AND NEEDY BY PROVIDING FOOD, CLOTHING AND OTHER LIFE NECESSITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING ONGOING FINANCIAL AND OTHER SUPPORT TO MISSIONARIES, CHURCHES, AND MINISTRIES WHO ARE PROVIDING RELIGIOUS TRAINING AND TEACHING IN THE MIDDLE EAST, NORTH AFRICA, AND EUROPE. STEP FORWARD GLOBAL MINISTRIES PROVIDES SEVERAL OVERSEAS CONFERENCES EACH YEAR WHERE THE SUBJECTS OF BIBLICAL LEADERSHIP AND DISCIPLESHIP TRAINING ARE TAUGHT. PASTORS AND THEIR WIVES ARE INVITED TO THESE CONFERENCES FROM VARIOUS COUNTRIES WHERE THEY RECEIVE TEACHING AND TRAINING SERVICES ALONG WITH MEALS AND ENCOURAGEMENT. STEP FORWARD GLOBAL MINISTRIES ALSO PROVIDES FINANCIAL SUPPORT TO MISSIONARIES WORKING OVERSEAS IN DIFFICULT AND DISADVANTAGED COUNTRIES AS WELL AS PROVIDING FINANCIAL AND SUPPORT ASSISTANCE TO REFUGEES FROM WORN-TORN COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michel Khalil President | Officer | 50 | $0 |
Roula Khalil CFO & Secretary | Officer | 40 | $36,000 |
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 | $822,591 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $822,591 |
| Total Program Service Revenue | $0 |
| Investment income | $23,867 |
| 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 | $846,634 |
| 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 | $58,500 |
| 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 | $2,056 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,500 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $862 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,434 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $102,207 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $11,354 |
| Total functional expenses | $386,318 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,283,357 |
| 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 | $0 |
| Investments—publicly traded securities | $523,500 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,806,857 |
| Accounts payable and accrued expenses | $1,580 |
| 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 | $1,580 |
| Net assets without donor restrictions | $1,805,277 |
| 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 | $1,806,857 |