Globe International Ministries, Inc.

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 10/21/2021. To update the information in this column, please email: info@ministrywatch.com


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, Inc.
PO Box 3040
Pensacola, FL 32516-3040

Website: www.globeintl.org

Phone: (850) 453-3453

Email: info@globeintl.org


Organization details

EIN: 237453583

CEO/President: Mr. J. Douglas 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

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating241 of 10109 of 51
Fund acquisition rating154 of 10127 of 51
Resource allocation rating423 of 101218 of 51
Asset utilization rating497 of 101021 of 51

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%1%1%14%1%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%1%1%14%1%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
97%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
3%4%3%0%1%5%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%86%87%86%88%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%87%89%103%103%100%
Program output ratio Program output ratio =
Program services /
Total revenue
79%75%78%89%91%87%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%13%11%-3%-3%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
8%22%22%-7%-7%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%12%12%0%11%12%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.281.371.641.941.951.81
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.261.231.301.471.491.49
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.961.692.132.852.902.69
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
24.3312.0711.237.378.857.90
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.030.080.090.140.110.13
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.756.535.123.643.673.89
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
4%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
73%68%57%47%47%51%

Financials

Balance sheet
 
Assets20202019201820172016
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
 
Liabilities20202019201820172016
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 assets20202019201820172016
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
 
Revenue20202019201820172016
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
 
Expenses20202019201820172016
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 assets20202019201820172016
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 10/21/2021. To update the information below, please email: info@ministrywatch.com


History

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.


Program accomplishments


Needs