Global Year

Summary

Global Year is a ministry established to equip and mobilize young people (18-25 years old) to reach the lost with the Gospel through a year living abroad.


Contact information

Mailing address:
Global Year
6478 Putnam Ford Drive
Suite 228
Woodstock, GA 30189

Website: globalyear.org

Phone: 678-494-8228

Email: johnny@globalyear.org


Organization details

EIN: 271540951

CEO/President: Johnny Condrey

Chairman:

Board size: 0

Founder:

Year founded: 2010

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2020


Purpose

Our vision is to know God and make him known while equipping and mobilizing 10,000 young people to reach the nations with the gospel!


Mission statement

Our mission is to challenge students to take a year and learn a new language, immerse into a different culture, grow in their relationship with Christ and reach the nations with the gospel!


Statement of faith

We believe that all the Scriptures are verbally inspired of God, and are without error in the original writings, and they are the supreme and final authority for faith and life

We believe in one God, Creator and sustainer of the universe, who is eternally existent in three persons - Father, Son, and Holy Spirit.

We believe in the Deity of Jesus Christ, His virgin birth, sinless life, His death to pay the penalty for everyone's sins, His bodily resurrection, His exaltation at God's right hand, and His personal, imminent return.

We believe that all have sinned and are therefore guilty before God and are under His condemnation.

We believe that all who by faith receive Jesus Christ are born again of the Holy Spirit, therefore children of God and eternally saved, and that the Holy Spirit dwells within every believer to enlighten, guide, and enable the believer in life, testimony, and service. We believe that God answers the prayers of His people and meets their needs according to His purpose.

We believe that salvation is eternally secured by the finished work of Christ and the cross and by His intercessory work at the right hand of God.

We believe that God gives spiritual gifts to all believers for the building up of the body of Christ and extending His kingdom.

We believe in the bodily resurrection of the just and unjust, eternal life with Christ of the saved in heaven and the everlasting conscious punishment of the lost in hell.

We believe that all believers are called to a life of separation from all worldly and sinful practices and alliances.

We believe in the authority of the local church as the institution ordained by God to evangelize the world and disciple followers of Jesus.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating299 of 72540 of 94
Fund acquisition rating226 of 72634 of 94
Resource allocation rating446 of 72653 of 94
Asset utilization rating312 of 72540 of 94

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%4%1%0%0%6%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%4%1%0%0%6%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%100%100%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%4%1%0%0%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%0%0%0%0%0%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%82%96%90%89%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%98%89%92%90%92%
Program output ratio Program output ratio =
Program services /
Total revenue
82%80%86%83%79%72%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%2%11%8%10%8%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%3%17%15%20%23%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%14%3%10%11%15%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.461.581.461.781.722.46
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.351.101.101.071.031.06
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.191.731.611.911.782.62
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.9730.160.00108.4453.9834.25
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.030.000.010.020.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.016.737.466.236.614.45
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%3%1%2%2%5%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%62%68%55%57%39%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$463,399$437,413$392,131$345,019$274,852
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$463,399$437,413$392,131$345,019$274,852
Long-term investments$0$0$0$0$0
Fixed assets$44,025$44,001$28,861$11,375$17,062
Other long-term assets$0$0$0$0$0
Total long-term assets$44,025$44,001$28,861$11,375$17,062
Total assets$507,424$481,414$420,992$356,394$291,914
 
Liabilities20182017201620152014
Payables and accrued expenses$15,367$0$3,616$6,392$8,025
Other current liabilities$0$0$0$0$0
Total current liabilities$15,367$0$3,616$6,392$8,025
Debt$0$0$0$446$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$3,028$3,905$0$5,669
Total long-term liabilities$0$3,028$3,905$446$5,669
Total liabilities$15,367$3,028$7,521$6,838$13,694
 
Net assets20182017201620152014
Unrestricted$0$0$0$0$0
Temporarily restricted$0$0$0$0$278,220
Permanently restricted$0$0$0$0$0
Net assets$492,057$478,386$413,471$349,556$278,220
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$812,311$786,478$810,204$685,725$783,730
Program service revenue$0$0$1,330$0$0
Membership dues$0$0$0$0$0
Investment income$734$126$204$0$0
Other revenue$0$77$0$0$0
Total other revenue$734$203$1,534$0$0
Total revenue$813,045$786,681$811,738$685,725$783,730
 
Expenses20182017201620152014
Program services$651,747$674,728$673,482$543,833$561,353
Management and general$112,945$22,569$74,341$70,556$107,682
Fundraising$34,682$6,469$0$0$50,404
Total expenses$799,374$703,766$747,823$614,389$719,439
 
Change in net assets20182017201620152014
Surplus (deficit)$13,671$82,915$63,915$71,336$64,291
Other changes in net assets$0$0$0$0$0
Total change in net assets$13,671$82,915$63,915$71,336$64,291

Response from ministry

No response has been provided by this ministry.


History


Program accomplishments


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