Global Missions Foundation Inc
EIN: 311713750 · High Point, NC · NTEE: Q120
Is Global Missions Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Global Missions Foundation Inc
Global Missions Foundation Inc (EIN: 311713750) is a nonprofit organization based in High Point, NC, classified under NTEE code Q120. The organization reported total revenue of $214K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Missions Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Missions Foundation Inc is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $381K |
| Total Expenses | $3K |
| Surplus / Deficit | +$379K |
| Total Assets | $3.3M |
| Net Assets | $3.3M |
| Operating Margin | 99.3% |
| Months of Reserves | 15150.7 months |
Financial Health Grade: A
In 2023, Global Missions Foundation Inc reported a surplus of $379K with revenue exceeding expenses, holds 15150.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Global Missions Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +328.7% | -97.8% | +10.5% |
| 2022 | +22.6% | +1869.2% | -9.2% |
| 2021 | +19.1% | +196.7% | +2.0% |
| 2020 | -80.1% | -31.9% | +0.7% |
| 2019 | -11.1% | -93.9% | +10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Global Missions Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Global Missions Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $379K, with revenue exceeding expenses.
Frequently Asked Questions about Global Missions Foundation Inc
Is Global Missions Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Global Missions Foundation Inc (EIN: 311713750) insufficient data. 0 red flags identified, 0 strengths noted.
How does Global Missions Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Global Missions Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Global Missions Foundation Inc tax-deductible?
Global Missions Foundation Inc is registered as a tax-exempt nonprofit (EIN: 311713750). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Global Missions Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Global Missions Foundation Inc's revenue has declined by 53.4%, moving from $819K to $381K. Total assets increased by 245.1% over the same period, from $970K to $3.3M. Total functional expenses fell by 91.2%, from $30K to $3K. In its most recent filing year (2023), Global Missions Foundation Inc reported a surplus of $379K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $381K | $3K | $3.3M | $0 | — | View 990 |
| 2022 | $89K | $122K | $3.0M | $0 | — | View 990 |
| 2021 | $73K | $6K | $3.3M | $0 | — | View 990 |
| 2020 | $61K | $2K | $3.3M | $0 | — | — |
| 2019 | $306K | $3K | $3.2M | $0 | — | View 990 |
| 2018 | $345K | $50K | $2.9M | $0 | — | View 990 |
| 2017 | $136K | $4K | $2.7M | $0 | — | View 990 |
| 2016 | $198K | $147 | $2.5M | $0 | — | View 990 |
| 2015 | $461K | $2K | $2.3M | $0 | — | View 990 |
| 2014 | $543K | $5K | $1.9M | $0 | — | View 990 |
| 2013 | $244K | $119 | $1.3M | $0 | — | View 990 |
| 2012 | $99K | $0 | $1.1M | $0 | — | View 990 |
| 2011 | $819K | $30K | $970K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $381K, expenses of $3K, and assets of $3.3M (revenue +328.7% year-over-year).
- 2022: Revenue of $89K, expenses of $122K, and assets of $3.0M (revenue +22.6% year-over-year).
- 2021: Revenue of $73K, expenses of $6K, and assets of $3.3M (revenue +19.1% year-over-year).
- 2020: Revenue of $61K, expenses of $2K, and assets of $3.3M (revenue -80.1% year-over-year).
- 2019: Revenue of $306K, expenses of $3K, and assets of $3.2M (revenue -11.1% year-over-year).
- 2018: Revenue of $345K, expenses of $50K, and assets of $2.9M (revenue +153.3% year-over-year).
- 2017: Revenue of $136K, expenses of $4K, and assets of $2.7M (revenue -31.5% year-over-year).
- 2016: Revenue of $198K, expenses of $147, and assets of $2.5M (revenue -57.0% year-over-year).
- 2015: Revenue of $461K, expenses of $2K, and assets of $2.3M (revenue -15.1% year-over-year).
- 2014: Revenue of $543K, expenses of $5K, and assets of $1.9M (revenue +122.9% year-over-year).
- 2013: Revenue of $244K, expenses of $119, and assets of $1.3M (revenue +145.3% year-over-year).
- 2012: Revenue of $99K, expenses of $0, and assets of $1.1M (revenue -87.9% year-over-year).
- 2011: Revenue of $819K, expenses of $30K, and assets of $970K.
Data Sources and Methodology
This transparency report for Global Missions Foundation 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.