Global Advance, 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

God has strategically placed catalytic, top-tier kingdom leaders who are called to push back the spiritual and economic poverty in their nations. We call these leaders changemakers. Global Advance unites these national leaders to build collaborative strategies, equipping them with the tools, training, resources, and encouragement needed to transform their nations. Together, we can ignite changemakers on the front lines of the gospel's advance!


Contact information

Mailing address:
Global Advance, Inc.
PO Box 742077
Dallas, TX 75374-2077

Website: www.globaladvance.org

Phone: (972) 771-9042

Email: info@globaladvance.org


Organization details

EIN: 752332727

CEO/President: Jonathan Shibley

Chairman: Michael Wurster

Board size: 10

Founder: Mr. David Shibley

Year founded: 1990

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1996


Purpose


Mission statement

Empowering frontline leaders to be catalysts for the fulfilling of the Great Commission


Statement of faith

Global Advance has the following statement of faith:

We believe in the full inerrancy of Scripture; in God the Father, Son and Holy Spirit; in the virgin birth, sinless life, atoning death, physical resurrection and visible, personal return of our Lord Jesus Christ; in salvation by grace through faith in the finished work of Christ; in the present ministry of the Holy Spirit expressed in His fruit, gifts and power; in New Testament evangelism, consecrated Christian living, the local church, the ministry of reconciliation and the urgency of fulfilling the Great Commission.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating916 of 94151 of 51
Fund acquisition rating879 of 94346 of 51
Resource allocation rating860 of 94348 of 51
Asset utilization rating776 of 94140 of 51

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%15%10%10%9%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%10%9%9%9%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%68%97%92%95%102%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%12%12%10%9%8%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%32%3%8%5%-2%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%69%72%73%80%82%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%84%80%92%94%98%
Program output ratio Program output ratio =
Program services /
Total revenue
79%58%58%67%75%81%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%16%20%8%6%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%7%11%4%4%1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%19%16%17%11%10%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.280.370.420.470.580.59
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.281.281.351.451.221.15
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.960.480.570.690.700.67
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
24.33369.73354.1791.16108.82280.17
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.030.000.000.010.010.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.7525.0221.1517.3216.9917.82
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
4%0%0%1%1%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%266%239%210%172%170%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$2,993,220$1,461,513$2,292,223$2,584,909$1,667,706
Receivables, inventories, prepaids$182,617$81,790$30,289$186,001$121,764
Short-term investments$1,367,018$2,438,383$1,012,992$1,041,501$2,089,513
Other current assets$0$3,063$0$0$0
Total current assets$4,542,855$3,984,749$3,335,504$3,812,411$3,878,983
Long-term investments$0$0$135,000$100,000$100,000
Fixed assets$1,092,078$1,142,218$1,111,444$570,621$323,083
Other long-term assets$167,483$261,825$256,637$150,978$145,682
Total long-term assets$1,259,561$1,404,043$1,503,081$821,599$568,765
Total assets$5,802,416$5,388,792$4,838,585$4,634,010$4,447,748
 
Liabilities20192018201720162015
Payables and accrued expenses$12,287$11,251$36,591$35,035$13,565
Other current liabilities$0$0$0$0$280
Total current liabilities$12,287$11,251$36,591$35,035$13,845
Debt$0$0$0$0$1,813
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$1,813
Total liabilities$12,287$11,251$36,591$35,035$15,658
 
Net assets20192018201720162015
Without donor restrictions$5,586,535$5,377,541$4,801,994$4,598,975$4,348,406
With donor restrictions$203,594$0$0$0$83,684
Net assets$5,790,129$5,377,541$4,801,994$4,598,975$4,432,090
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$1,771,139$2,736,850$2,292,040$2,683,332$2,699,496
Program service revenue$519,649$0$3,294$7,699$893
Membership dues$0$0$0$0$0
Investment income$185,226($31,233)$136,976$118,054($66,551)
Other revenue$109,630$124,628$55,900$25,859$18,126
Total other revenue$814,505$93,395$196,170$151,612($47,532)
Total revenue$2,585,644$2,830,245$2,488,210$2,834,944$2,651,964
 
Expenses20192018201720162015
Program services$1,497,792$1,633,575$1,670,551$2,128,203$2,137,359
Management and general$407,772$354,957$381,079$293,067$267,319
Fundraising$267,492$266,166$233,561$246,789$198,477
Total expenses$2,173,056$2,254,698$2,285,191$2,668,059$2,603,155
 
Change in net assets20192018201720162015
Surplus (deficit)$412,588$575,547$203,019$166,885$48,809
Other changes in net assets$0$0$0$0$0
Total change in net assets$412,588$575,547$203,019$166,885$48,809

Compensation

NameTitleCompensation
Jonathan ShibleyPresident/Di$164,104
David ShibleyFounder/Dire$129,200

Compensation data as of: 12/31/2019


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

Global Advance was founded in 1990 by Dr. David Shibley. In the 1980s, God put a vision and burden in his heart to provide encouragement, resources, and training for frontline pastors in destitute nations of the world. Global Advance became a friend and advocate for indigenous pastors and church planters worldwide, challenging them to be catalysts for fulfilling the Great Commission.

Since 1990, Global Advance has provided indigenous training and ministry encouragement for more than 850,000 frontline leaders in 110 nations. Two training centers have been built and numerous strategic partnerships developed with hundreds of churches and ministries.

In 2000, the Global Advance Ambassador Network was formed, and is now comprised of hundreds of individuals, churches, ministries, and businesses who work together to equip leaders globally.

In 2004, Global Advance launched Marketplace Missions with the goal to awaken kingdom vision and sharpen the skills of Christian entrepreneurs and professionals throughout the developing world. Thousands of business leaders partner with Global Advance Marketplace Missions through training conferences, business networks, economic development, mentoring, and ministry.

In 2010, Global Advance launched The Esther Initiative to encourage and empower women in underserved nations to be difference-makers in their spheres of influence. From this initiative national prayer networks have been birthed and multitudes of women are being ignited to impact their families, churches, communities, and nations with the gospel.

In 2014, Global Advance acquired Alpha Relief to provide a channel of support, relief aid, and development to Christians facing extreme persecution in many parts of the world.

In 2015, Global Advance launched the NextGen Engagement initiative to engage young adults in the global church. The purpose of this initiative is to resource and encourage NextGen leaders as they realize their generational calling to advance the gospel and lead with excellence in all sectors of life.

In 2019, Global Advance launched the David Shibley Institute, a vehicle for imparting a lifetime of insights, wisdom, and anointing to select young nation-builders. This year-long training, which includes a two-week in-person intensive in Dallas, is designed to lift and launch rising global missions leaders to fulfill the Great Commission.


Program accomplishments


Needs