Globe International Ministries
The information on this page was last updated 5/8/2023. If you see errors or omissions, please email: [email protected]
Summary
In short, our vision is to release God's Missional People to the work He has given them to do with as little encumbrances as possible.
Contact information
Mailing address:
Globe International Ministries
8590 Hwy 98 West
Pensacola, FL 32516
Website: globeintl.org
Phone: (850) 453-3453
Email: [email protected]
Organization details
EIN: 237453583
CEO/President: Doug Gehman
Chairman: David Kerr
Board size: 7
Founder: Rev. Ken Sumrall
Ruling year: 1975
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 1986
Purpose
From Globe's earliest days, our purpose was summarized with these words: "Globe is called to assist those who have a God-given vision to implement that vision." Globe's founding Director, Bob Bishop, had a passion to release missionaries to their God-given calling. For over forty years Globe has empowered His people to take the Great Commission of Jesus Christ to the nations! Today, Globe is known for its commitment to the centrality of the Gospel, its priority to train, send, and serve God's Great Commission people, its flexibility in the implementation of ministry, its excellence in management and administration, and its commitment to integrity in personal and ministry life.
Mission statement
Globe International was founded to equip and assist those who are gifted by God for global ministry to fulfill their call.
Statement of faith
At Globe International, we believe that every word of the Bible is true and without error. With this belief as our At Globe International, we believe that every word of the Bible is true and without error. With this belief as our foundation, we know that Jesus Christ is the Son of the Living God who gave His life at Calvary for the sins of the world. But death did not defeat Him-He rose again three days later victorious over sin, death, and the grave.
Jesus then gave the commission to reach the world with His Gospel-the only way of salvation for mankind. We know that we have a secure home in heaven if we choose to accept Him. But those who refuse will be eternally lost.
As followers of Jesus, we strive to grow in our faith, study God's Word, and be more like Jesus Christ and honor Him in every area of our lives.
We believe that the Gospel of Jesus is a final directive that has guided His Church ever since. At Globe, it is our desire to follow His Commission by spreading His Message to all nations until He returns.
Globe's complete theological statement ascribes to the Statement of Faith as reflected in the Lausanne Covenant of 1974. https://www.lausanne.org/content/covenant/lausanne-covenant#cov
Donor confidence score
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Evangelism Support
This ministry has not been rated.
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 1% | 1% | 14% | 1% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 1% | 1% | 14% | 1% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 96% | 97% | 100% | 99% | 95% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 1% | 1% | 13% | 1% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 4% | 3% | 0% | 1% | 5% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 86% | 87% | 86% | 88% | 87% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 87% | 89% | 103% | 103% | 100% |
Program output ratio Program output ratio = Program services / Total revenue | 83% | 75% | 78% | 89% | 91% | 87% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 13% | 11% | -3% | -3% | 0% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | 22% | 22% | -7% | -7% | 0% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 12% | 12% | 0% | 11% | 12% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.17 | 1.37 | 1.64 | 1.94 | 1.95 | 1.81 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.33 | 1.23 | 1.30 | 1.47 | 1.49 | 1.49 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.69 | 1.69 | 2.13 | 2.85 | 2.90 | 2.69 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 39.03 | 12.07 | 11.23 | 7.37 | 8.85 | 7.90 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.03 | 0.08 | 0.09 | 0.14 | 0.11 | 0.13 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.59 | 6.53 | 5.12 | 3.64 | 3.67 | 3.89 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 6% | 7% | 7% | 9% | 8% | 9% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 79% | 68% | 57% | 47% | 47% | 51% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $1,667,653 | $1,022,728 | $508,822 | $590,962 | $797,952 |
| Receivables, inventories, prepaids | $219,748 | $279,818 | $256,196 | $244,353 | $385,806 |
| Short-term investments | $1,192,298 | $960,732 | $847,252 | $838,195 | $614,795 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $3,079,699 | $2,263,278 | $1,612,270 | $1,673,510 | $1,798,553 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $712,031 | $687,744 | $753,526 | $815,577 | $878,862 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $712,031 | $687,744 | $753,526 | $815,577 | $878,862 |
| Total assets | $3,791,730 | $2,951,022 | $2,365,796 | $2,489,087 | $2,677,415 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $255,076 | $201,609 | $218,875 | $189,111 | $227,767 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $255,076 | $201,609 | $218,875 | $189,111 | $227,767 |
| 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 | $255,076 | $201,609 | $218,875 | $189,111 | $227,767 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $788,610 | $457,409 | $428,305 | $468,644 | $496,144 |
| With donor restrictions | $2,748,044 | $2,292,004 | $1,718,616 | $1,831,332 | $1,953,504 |
| Net assets | $3,536,654 | $2,749,413 | $2,146,921 | $2,299,976 | $2,449,648 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $5,719,908 | $5,246,910 | $4,461,057 | $4,659,960 | $4,589,556 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $98,622 | $149,935 | ($46,282) | $90,814 | $306,292 |
| Other revenue | $158,812 | $37,507 | $29,712 | ($53,065) | ($41,652) |
| Total other revenue | $257,434 | $187,442 | ($16,570) | $37,749 | $264,640 |
| Total revenue | $5,977,342 | $5,434,352 | $4,444,487 | $4,697,709 | $4,854,196 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $4,478,554 | $4,227,463 | $3,975,632 | $4,274,790 | $4,231,584 |
| Management and general | $637,403 | $573,008 | $11,316 | $543,132 | $597,709 |
| Fundraising | $74,144 | $31,389 | $610,594 | $29,459 | $16,106 |
| Total expenses | $5,190,101 | $4,831,860 | $4,597,542 | $4,847,381 | $4,845,399 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $787,241 | $602,492 | ($153,055) | ($149,672) | $8,797 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $787,241 | $602,492 | ($153,055) | ($149,672) | $8,797 |
Compensation
Compensation data for this ministry has not been collected.
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 5/8/2023. To update the information below, please email: [email protected]
History
"To assist those who have a God-given vision to implement that vision." These words from J. Robert Bishop, Globe International's first Director from 1976 to 2001, not only reflect Globe's call to Kingdom service, but also our daily directive in helping others to achieve success in their purpose.
In the early 1970s, Globe was founded by a young Baptist pastor, Ken Sumrall. Pastor Sumrall attended a missionary conference where, in his words God touched him, "like liquid love for people all over the world." Pastor Sumrall determined his church would be a "sending church" that would send missionaries to the nations. Soon after, he founded Globe International (first called Globe Missionary Evangelism) and appointed the church's administrative pastor, J. Robert (Bob) Bishop, to be the founding Director. The goal was to raise up and send missionaries to the nations. Bob served Globe until 2001 and then asked Doug Gehman to take his place at the helm.
Globe's vision continues... now serving the Body of Christ around the world to fulfill the Great Commission of Jesus Christ and take the gospel across cultural boundaries to unreached people by encouraging them to accept Christ as Lord and Savior. With God's leading, we want to empower disciples to plant churches that will continue to grow and multiply on their own.