Global Service Network

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 3/15/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Global Service Network partners with like-minded servants of Christ within campus ministries, churches, cross-cultural missionaries, Christian professionals, Seminaries, and short-term mission teams providing freedom from the distraction of administration duties, accountability in order to maximize Biblical stewardship of resources, and effective communication with ministry partners. GSN is a 501c3 nonprofit organization and a member of ECFA (Evangelical Council for Financial Accountability).


Contact information

Mailing address:
Global Service Network
PO Box 1809
Apex, NC 27502

Website: globalservicenetwork.org

Phone: 919-249-0146

Email: info@globalservicenetwork.org


Organization details

EIN: 208686806

CEO/President: Marc Mullin

Chairman:

Board size: 0

Founder:

Year founded: 2008

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2009


Purpose

The vision of Global Service Network is rooted in Jesus' command, "...The harvest is plentiful but the workers are few. Ask the Lord of the harvest, therefore, to send out workers into his harvest field." (Matthew 9:37-38).

Our Motivation

Great Commission

And Jesus came up and spoke to them, saying, "All authority has been given to Me in heaven and on earth. Go therefore and make disciples of all the nations, baptizing them in the name of the Father and the Son and the Holy Spirit, teaching them to observe all that I commanded you; and lo, I am with you always, even to the end of the age." Matthew 28:18-20

More Laborers

Then He said to His disciples, "The harvest is plentiful, but the workers are few. Therefore beseech the Lord of the harvest to send out workers into His harvest." Matthew 9:37-38

Changed Lives

Therefore if any man is in Christ, he is a new creature; the old things passed away; behold, new things have come. 2 Corinthians 5:17

Serving Others

"For even the Son of Man did not come to be served, but to serve, and to give His life a ransom for many." Mark 10:45


Mission statement

By providing the support and resources for men and women to be laborers in God's harvest, GSN accomplishes its mission, Empowering Servants of Christ to take the Gospel to the World. The stories of lives impacted through the ministries of associates consistently fuel momentum for helping to fulfill the Great Commission.


Statement of faith

Scriptures

We believe the Bible is God's infallible Word, written without errors, comprised of the sixty-six books of the Old and New Testaments. As the God-breathed, inspired work of the Holy Spirit, we believe the Bible is the final authority in all matters of faith and practice. God

We believe in one true God who eternally exists in three persons, Father, Son and Holy Spirit. Each member of the Holy Trinity equally possesses all the attributes of Deity as well as characteristics of personality.

Jesus Christ

We believe Jesus Christ is God, the living Word, who was miraculously conceived by the Holy Spirit and entered the world through the virgin birth. Hence, His nature is perfect deity and true humanity united in one person forever. We believe Jesus Christ lived a sinless life, voluntarily atoned for the sins of all mankind by dying on a cross, and rose from the dead in the same body, though glorified, according to the Scriptures. Thus, He satisfied divine justice and accomplished salvation for all who trust in Him alone. We believe in our Lord's bodily ascension into heaven where He sat down at the right hand of God as the only mediator between God and man who continually makes intercession for His own. He is head of the church, His Body, which is composed of all men and women, living and dead, who have joined to Him through saving faith. Jesus Christ will return physically to earth to consummate God's eternal plan.

Man

We believe Adam and Eve were originally created in the image of God, disobeyed through sin, and as a result, became alienated from their Creator. The historic act of rebellion resulted in the fall, passing on to all mankind divine condemnation. We believe man's nature is corrupt, totally unable to please God, and thus, in need of regeneration and renewal by the Holy Spirit.

Salvation

We believe salvation is wholly a work of God's grace freely given; it is not the work, in whole or in part, of human works, goodness or religious practice. For those who put their faith in Christ alone for salvation, God imputes His righteousness and transfers them into His spiritual kingdom. The privilege of every believer is to have assurance of salvation from the moment of trusting Christ as Lord and Savior. The believer's assurance of his eternal destiny is not based on human merit but upon the Holy Spirit's witnesses to the individual's spirit about belonging to God and the truth of God's written Word.We believe the Scripture teaches upon death the believer immediately enters the eternal, conscious fellowship with the Lord, awaiting resurrection of his body to everlasting glory and blessing. In contrast, the unbeliever upon death immediately enters eternal, conscious separation from the Lord, awaiting resurrection of his body to everlasting judgment and condemnation.

Holy Spirit

We believe the Holy Spirit came into the world to reveal and glorify Jesus Christ and to apply His saving work to all those who trust Him. The Holy Spirit convicts sinners of their need for Christ, imparts new life, seals them until the day of redemption, and continually indwells believers. Every believer is called to live in the power of the Holy Spirit's fullness by faith so as not to fulfill the lust of the flesh but to bear fruit to the glory of God.

Believer/Church

We believe God admonishes His people to assemble together regularly for worship in order to participate in ordinances, receive edification through the Scriptures and draw strength from mutual encouragement. We adhere to the Lord's command to all believers to proclaim the gospel throughout the world and make disciples in every nation. When believers follow the Lord's mandate to help fulfill the Great Commission, all worldly and personal ambitions must be in a position of subordination to a total commitment to "Him who loved us and gave Himself for us."

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating90 of 9406 of 51
Fund acquisition rating279 of 94216 of 51
Resource allocation rating134 of 9428 of 51
Asset utilization rating219 of 94011 of 51

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%3%3%3%3%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%3%3%3%3%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%100%99%99%99%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%3%4%4%4%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%0%1%1%1%0%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%91%91%90%91%88%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%93%92%91%97%96%
Program output ratio Program output ratio =
Program services /
Total revenue
78%85%84%82%88%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%7%8%9%3%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%17%25%29%13%16%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%6%5%6%5%8%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.252.402.692.913.533.36
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.281.001.011.001.011.01
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.972.412.712.913.553.38
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
24.331009.842505.15390.65292.70277.04
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.030.000.000.000.000.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.684.974.434.113.373.54
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
4%0%0%0%0%0%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
73%42%37%34%28%30%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$3,091,122$2,545,234$1,925,140$1,360,178$1,189,315
Receivables, inventories, prepaids$0$0$0$0$0
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$3,091,122$2,545,234$1,925,140$1,360,178$1,189,315
Long-term investments$0$0$0$0$0
Fixed assets$9,281$13,295$5,412$7,830$6,875
Other long-term assets$0$0$0$0$0
Total long-term assets$9,281$13,295$5,412$7,830$6,875
Total assets$3,100,403$2,558,529$1,930,552$1,368,008$1,196,190
 
Liabilities20202019201820172016
Payables and accrued expenses$3,061$1,016$4,928$4,647$4,293
Other current liabilities$0$0$0$0$0
Total current liabilities$3,061$1,016$4,928$4,647$4,293
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$3,061$1,016$4,928$4,647$4,293
 
Net assets20202019201820172016
Without donor restrictions$855,258$725,974$560,539$557,127$307,090
With donor restrictions$2,242,084$1,831,539$1,365,085$806,234$884,807
Net assets$3,097,342$2,557,513$1,925,624$1,363,361$1,191,897
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$7,969,768$7,464,245$6,139,916$4,973,820$4,197,086
Program service revenue$15,544$45,621$23,119$23,839$0
Membership dues$0$0$0$0$0
Investment income$1,293$1,019$754$467$1,006
Other revenue$9,472$10,087$9,707$6,786$8,486
Total other revenue$26,309$56,727$33,580$31,092$9,492
Total revenue$7,996,077$7,520,972$6,173,496$5,004,912$4,206,578
 
Expenses20202019201820172016
Program services$6,775,361$6,295,735$5,071,334$4,397,129$3,544,924
Management and general$430,930$351,104$343,481$264,740$310,508
Fundraising$249,957$242,244$196,418$171,579$165,585
Total expenses$7,456,248$6,889,083$5,611,233$4,833,448$4,021,017
 
Change in net assets20202019201820172016
Surplus (deficit)$539,829$631,889$562,263$171,464$185,561
Other changes in net assets$0$0$0$0$0
Total change in net assets$539,829$631,889$562,263$171,464$185,561

Compensation

NameTitleCompensation
Frank SelfPresident$133,745
Marc MullinCEO/Secretary$115,145

Compensation data as of: 12/31/2020


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 3/15/2021. To update the information below, please email: info@ministrywatch.com


History

Global Service Network was launched in 2007 by four individuals whose combined ministry experience totals over 70 years. The founders recognized a need to form an administrative structure as they developed a ministry to those living in restricted-access countries. They did not imagine the network would grow and expand globally, encompassing a wide range of mission endeavors.


Program accomplishments


Needs