Global Effect Ministries Inc
- Assets
- $664.6k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 3
- Location
- Rosemary Beach, FL
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 90-0405968
Organization Overview
Global Effect Ministries Inc is located in Rosemary Beach, FL. The organization was established in 2009. According to its NTEE Classification (X03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Global Effect Ministries Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Effect 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 12/2021, Global Effect Ministries Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $666.9k during the year ending 12/2021. While expenses have increased by 6.3% 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
GLOBAL EFFECT MINISTRY IS A CHARITABLE ORGANIZATION FOCUSING SPECIFICALLY ON ECONOMIC DEVELOPMENT IN 3RD WORLD COUNTRIES THROUGH OUR AGRICULTURAL PROJECT AND MICRO-LENDING PROGRAMS, CLEAN WATER DISTRIBUTION, AND EDUCATION PROGRAMS CONSISTING OF COLLEGE SCHOLARSHIP SPONSORS AND IMPLEMENTATION OF CHARACTER COUNTS PROGRAMS IN PUBLIC HIGH SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUTREACH AND MINISTRY
MINISTRY PROJECTS (EDUCATION SCHOLARSHIP/PROGRAM
MINISTRY PROJECTS (MISSIONARIES)
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Steelman President | OfficerTrustee | 40 | $117,905 |
Janet Marchaney Executive Ad | Officer | 40 | $39,300 |
Vicky Patterson CFO | OfficerTrustee | 40 | $15,480 |
Bob Coppedge Member | Trustee | $0 | |
Ted Davision Trustee | Trustee | $0 | |
Teri Parker Trustee | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $61,162 |
| All other contributions, gifts, grants, and similar amounts not included above | $963,762 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,024,924 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,024,924 |
| 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 | $357,224 |
| Compensation of current officers, directors, key employees. | $172,685 |
| Compensation of current officers, directors, key employees. | $15,480 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,224 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,646 |
| Payroll taxes | $3,186 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,965 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $319 |
| Office expenses | $26,224 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $18,615 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $398 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,146 |
| Insurance | $2,432 |
| All other expenses | $3,458 |
| Total functional expenses | $666,866 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $624,266 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,010 |
| 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 | $36,300 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $664,576 |
| Accounts payable and accrued expenses | $750 |
| 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 | $15,714 |
| Other liabilities | $0 |
| Total liabilities | $16,464 |
| 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 | $648,112 |
| Total liabilities and net assets/fund balances | $664,576 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Global Effect Ministries Inc has recieved totaling $219,523.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $212,000 |
Loomis Foundation Inc Overland Park, KS PURPOSE: GENERAL CHARITABLE PURPOSE | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $23 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Effect Ministries Inc Rosemary Beach, FL | $664,576 | $1,024,924 |
Bnai Torah Foundation Inc Boca Raton, FL | $8,130,200 | $1,028,869 |
Bigtime Ministries Birmingham, AL | $403,218 | $604,127 |
Chattahoochee Valley Episcopal Ministry Inc Columbus, GA | $717,740 | $194,785 |
St Martin De Porres Outreach Community Ministries Inc Fort Myers, FL | $916,908 | $352,073 |
Neshama Association Of Jewish Chaplains Inc Miami, FL | $256,964 | $208,225 |
Son Light Center Jemison, AL | $25,227 | $0 |
Legacy Ministry International Incorporated Evinston, FL | $41,560 | $0 |
Alan Harris Evangelistic Association Inc Foley, AL | $38,831 | $0 |
Association Of Christians In Tallassee For Services Inc Tallassee, AL | $222,116 | $0 |
H & L Ministries Inc Doral, FL | $4,952 | $31,270 |
Agape Foundation Inc Rome, GA | $368,033 | $65,323 |