Global Gospel Action Inc

Global Gospel Action Inc reports consistent 0% officer compensation but faced an operating deficit in 2023.

EIN: 202797093 · Tulsa, OK · NTEE: X20 · Updated: 2026-03-28

$2.6MRevenue
$2.1MAssets
85/100Mission Score (Excellent)
X20
Global Gospel Action Inc Financial Summary
MetricValue
Total Revenue$2.6M
Total Expenses$1.2M
Program Spending90%
CEO/Top Officer Pay$1
Net Assets$1.0M
Transparency Score85/100

Is Global Gospel Action Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Global Gospel Action Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Global Gospel Action Inc

Global Gospel Action Inc (EIN: 202797093) is a nonprofit organization based in Tulsa, OK, classified under NTEE code X20. The organization reported total revenue of $2.6M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Gospel Action Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Global Gospel Action Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 21.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.1M
Total Expenses$1.2M
Surplus / Deficit$-56,599
Total Assets$1.0M
Net Assets$1.0M
Operating Margin-4.9%
Months of Reserves10.2 months

Financial Health Grade: B

In 2023, Global Gospel Action Inc reported a deficit of $57K with expenses exceeding revenue, holds 10.2 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Global Gospel Action Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023-11.6%+42.2%-5.8%
2022+130.7%+98.4%+78.3%
2021+12.3%+36.0%+28.7%
2020-40.8%-58.6%+65.3%
2019+16.6%+17.6%+44.5%

IRS Tax-Exempt Classification

IRS Classification Codes2700
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Global Gospel Action Inc demonstrates a mixed financial picture. While the organization has shown significant growth in revenue and assets over the past decade, with revenue peaking at $1,294,238 in 2022 and assets reaching $1,082,400 in the same year, the most recent filing (2023) shows a decline in revenue to $1,144,512 and an operating deficit where expenses ($1,201,111) exceeded revenue. This recent deficit, following a surplus in 2022, warrants attention. The organization consistently reports 0% officer compensation, which is a positive indicator of resource allocation directly to mission-related activities and strong transparency regarding executive pay. Spending efficiency appears to be strong, with no reported officer compensation across all filings, suggesting that a high proportion of funds are directed towards program services rather than administrative overhead or executive salaries. The organization's assets have grown substantially from $105,392 in 2014 to over $1 million in recent years, indicating good financial management in building reserves. However, the recent dip in revenue and the operating deficit in 2023 could signal potential challenges in maintaining financial stability if not addressed. Transparency is high regarding executive compensation, as consistently reported at 0%. The consistent filing of IRS Form 990s over 13 periods also indicates a commitment to regulatory compliance and public disclosure. The absence of reported liabilities in most years, including the latest 2023 filing, further suggests sound financial management and a low-risk profile in terms of debt.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Global Gospel Action Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 7%
  • programs: 90%
  • fundraising: 3%

According to IRS 990 filings, Global Gospel Action Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$1.1MTotal Revenue
$1.2MTotal Expenses
$1.0MTotal Assets
$1.0MNet Assets
  • The organization reported a deficit of $57K, with expenses exceeding revenue.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization with over $1 million in annual revenue and suggests a volunteer-led executive team.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Global Gospel Action Inc's IRS 990 filings:

  • Operating deficit in the most recent fiscal year (2023), where expenses ($1,201,111) exceeded revenue ($1,144,512).
  • Unusually consistent 0% officer compensation for an organization of this size, which might indicate alternative compensation structures or a reliance on unpaid leadership that could pose sustainability risks.

Strengths

The following positive indicators were identified for Global Gospel Action Inc:

  • Consistent reporting of 0% officer compensation, indicating a high proportion of funds likely directed to program services.
  • Significant growth in assets from $105,392 in 2014 to over $1 million in recent years, demonstrating strong financial management and reserve building.
  • Consistent filing of IRS Form 990s over 13 periods, indicating strong transparency and regulatory compliance.
  • Minimal to no reported liabilities in most years, including the latest 2023 filing, suggesting a low-debt financial profile.

Frequently Asked Questions about Global Gospel Action Inc

Is Global Gospel Action Inc a legitimate charity?

Global Gospel Action Inc (EIN: 202797093) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.6M. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Global Gospel Action Inc spend its money?

Global Gospel Action Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to Global Gospel Action Inc tax-deductible?

Global Gospel Action Inc is registered as a tax-exempt nonprofit (EIN: 202797093). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Global Gospel Action Inc CEO make?

Global Gospel Action Inc's highest-compensated officer earns $1 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Global Gospel Action Inc's spending goes to programs?

Global Gospel Action Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Global Gospel Action Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Global Gospel Action Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Global Gospel Action Inc located?

Global Gospel Action Inc is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 202797093. It is classified under NTEE code X20.

How many years of IRS 990 filings does Global Gospel Action Inc have?

Global Gospel Action Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.6M in total revenue.

How does Global Gospel Action Inc sustain its operations without officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation on the 990, which is highly efficient for program delivery.

What caused the operating deficit in the 2023 fiscal period?

In 2023, Global Gospel Action Inc reported expenses of $1,201,111 against revenues of $1,144,512, resulting in a deficit. The specific causes are not detailed in the provided data but warrant further investigation into spending categories or revenue shortfalls.

Is the recent decline in revenue a trend or an anomaly?

Revenue decreased from $1,294,238 in 2022 to $1,144,512 in 2023. While this is a single-year decline, it follows a period of significant growth. Monitoring future filings will be crucial to determine if this is a new trend or a temporary fluctuation.

Filing History

IRS 990 filing history for Global Gospel Action Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Global Gospel Action Inc's revenue has grown by 900.5%, moving from $114K to $1.1M. Total assets increased by 18923.2% over the same period, from $5K to $1.0M. Total functional expenses rose by 988.5%, from $110K to $1.2M. In its most recent filing year (2023), Global Gospel Action Inc reported a deficit of $57K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.1M $1.2M $1.0M $0
2022 $1.3M $845K $1.1M $23K
2021 $561K $426K $607K $0 View 990
2020 $499K $313K $472K $0
2019 $844K $756K $285K $0 View 990
2018 $724K $643K $198K $0 View 990
2017 $697K $654K $117K $0 View 990
2016 $481K $496K $73K $0 View 990
2015 $458K $475K $88K $0 View 990
2014 $430K $396K $105K $0 View 990
2013 $230K $176K $71K $0 View 990
2012 $146K $135K $16K $0 View 990
2011 $114K $110K $5K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.1M, expenses of $1.2M, and assets of $1.0M (revenue -11.6% year-over-year).
  • 2022: Revenue of $1.3M, expenses of $845K, and assets of $1.1M (revenue +130.7% year-over-year).
  • 2021: Revenue of $561K, expenses of $426K, and assets of $607K (revenue +12.3% year-over-year).
  • 2020: Revenue of $499K, expenses of $313K, and assets of $472K (revenue -40.8% year-over-year).
  • 2019: Revenue of $844K, expenses of $756K, and assets of $285K (revenue +16.6% year-over-year).
  • 2018: Revenue of $724K, expenses of $643K, and assets of $198K (revenue +3.8% year-over-year).
  • 2017: Revenue of $697K, expenses of $654K, and assets of $117K (revenue +44.9% year-over-year).
  • 2016: Revenue of $481K, expenses of $496K, and assets of $73K (revenue +4.9% year-over-year).
  • 2015: Revenue of $458K, expenses of $475K, and assets of $88K (revenue +6.6% year-over-year).
  • 2014: Revenue of $430K, expenses of $396K, and assets of $105K (revenue +86.7% year-over-year).
  • 2013: Revenue of $230K, expenses of $176K, and assets of $71K (revenue +57.9% year-over-year).
  • 2012: Revenue of $146K, expenses of $135K, and assets of $16K (revenue +27.6% year-over-year).
  • 2011: Revenue of $114K, expenses of $110K, and assets of $5K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Global Gospel Action Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Global Gospel Action Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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