Institute For Global Opportunities Inc
- Assets
- $556.2k
- Revenue
- $947.6k
- Investments
- $0.0
- Employees
- 35
- Location
- Ephrata, PA
- Founding
- 03/2005
- Data as of
- 06/2023
- EIN
- 20-2313547
Organization Overview
Institute For Global Opportunities Inc is located in Ephrata, PA. The organization was established in 2005. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 06/2023, Institute For Global Opportunities Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Global Opportunities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Institute For Global Opportunities Inc generated $947.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $925.2k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TRAINING AND TEACHING POTENTIAL MISSIONARIES BY PROVIDING STUDENTS WITH A CROSS CULTURAL SETTING IN WHICH MISSION WORK, BIBLICAL TEACHING, AND PERSONAL DISCIPLESHIP CAN TAKE SIMULTANEOUSLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISSIONARY TRAINING PROGRAM AND RELATED ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Duane Weaber Teacher | Officer | 40 | $52,426 |
Timothy Stoltzfus Teacher | Officer | 40 | $44,505 |
Michael Yoder Teacher | Officer | 40 | $33,486 |
Raymond Burkholder Teacher | Officer | 40 | $33,389 |
Rodney Musser Teacher | Officer | 0 | $32,192 |
Philip Siegrist Teacher | Officer | 40 | $31,534 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $781,240 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $781,240 |
| Total Program Service Revenue | $166,075 |
| Investment income | $251 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $947,566 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $379,522 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $39,699 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,220 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $270 |
| Advertising and promotion | $28,553 |
| Office expenses | $1,686 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,129 |
| Travel | $83,117 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $58,943 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,676 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $925,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $251,032 |
| Savings and temporary cash investments | $261,266 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $24,725 |
| Net Land, buildings, and equipment | $19,145 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $556,173 |
| Accounts payable and accrued expenses | $246 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $246 |
| Net assets without donor restrictions | $219,608 |
| Net assets with donor restrictions | $336,319 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $556,173 |