Quick charity verification for Global Service Network Inc (EIN: 208686806)
Verdict: Global Service Network Inc appears trustworthy
92/100Mission Score
$11.4MRevenue
$5.4MAssets
1Red Flags
5Strengths
Red Flags
Unusually low or zero reported officer compensation for an organization of this size, which might warrant further investigation into how leadership is compensated or structured.
Strengths
Consistent and significant revenue growth over a decade, from $2.56M in 2013 to $10.76M in 2023.
High program spending ratio (85% in 2023), indicating efficient use of funds for its mission.
Strong asset growth and very low liabilities, demonstrating excellent financial health and stability.
Zero reported officer compensation across all filings, suggesting a strong commitment to directing funds to programs.
Positive net income in most years, contributing to asset accumulation and sustainability.
AI Transparency Report
Global Service Network Inc demonstrates consistent financial growth and strong program spending efficiency over the past decade. The organization's revenue has steadily increased from $2.56 million in 2013 to over $10.76 million in 2023, indicating robust fundraising and operational expansion. A key strength is its commitment to program services, with 85% of its expenses dedicated to programs in the latest filing period (202312), reflecting a highly efficient use of donor funds towards its mission.
The organization maintains a healthy asset base, growing from $655,339 in 2013 to over $5 million in 2023, while keeping liabilities remarkably low, suggesting sound financial management and stability. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a focus on directing resources to charitable activities rather than executive pay. This financial discipline, combined with a clear program focus, positions Global Service Network Inc as a financially healthy and efficient nonprofit.