Global Shema Initiative Inc
- Assets
- $33.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Georgetown, KY
- Founding
- 02/2018
- Data as of
- 12/2021
- EIN
- 82-2440948
Organization Overview
Global Shema Initiative Inc is located in Georgetown, KY. The organization was established in 2018. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Shema Initiative 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 Shema Initiative Inc generated $50.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $151.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDING FAITH-BASED HUMANITARIAN AID AND TO PERFORMING MISSIONARY WORK IN ZENICA, BOSNIA, AND HERZEGOVINA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Summay Treasurer | 40 | $36,450 | |
Eric Quackenbush Director | 1 | $0 | |
Anthony Goodwin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,318 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $1,656 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,974 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,450 |
| Professional fees and other payments to independent contractors | $11,911 |
| Occupancy, rent, utilities, and maintenance | $5,661 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,190 |
| Total expenses | $151,945 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,459 |
| Other assets | $0 |
| Total assets | $33,459 |
| Total liabilities | $0 |
| Net assets or fund balances | $33,459 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Global Shema Initiative Inc has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
Christian Community Foundation Inc Colorado Springs, CO PURPOSE: GENERAL SUPPORT | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Blessing International Relief & Development Corp Virginia Beach, VA | $46,516,514 | $96,480,836 |
Blumont Global Development Inc Arlington, VA | $10,315,810 | $52,380,007 |
Christian Relief Services Charities Inc Alexandria, VA | $4,032,952 | $38,457,221 |
Lifesong For Orphans Inc Gridley, IL | $55,071,126 | $40,755,637 |
Christian Relief Services Charities Inc Alexandria, VA | $1,058,086 | $23,184,836 |
Blumont International Inc Arlington, VA | $12,865,572 | $19,569,982 |
Nph-Usa Chicago, IL | $9,523,398 | $16,657,427 |
Gleaning For The World Inc Concord, VA | $12,160,365 | $11,390,037 |
Coptic Orphans Support Association Merrifield, VA | $53,399,454 | $18,274,988 |
One Collective Nfp Elgin, IL | $3,863,320 | $13,470,210 |
Nascent Solutions Inc Alexandria, VA | $4,533,019 | $10,643,568 |
Good News In Action Inc Sidney, OH | $1,401,234 | $9,131,841 |