Global Commerce Network
- Assets
- $117.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 03/1997
- Data as of
- 12/2023
- EIN
- 33-0629280
Organization Overview
Global Commerce Network is located in Colorado Springs, CO. The organization was established in 1997. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Commerce Network 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 12/2023, Global Commerce Network generated $67.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $124.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE GROWTH, NURTURE, AND SPREAD OF THE CHRISTIAN FAITH AND THE TEACHING OF BIBLICAL VALUES AND TRUTHS BY PUBLISHING AND DISTRIBUTING OF HUNDREDS OF BOOKS DESIGNED FOR EQUIPPING YOUNG PROFESSIONALS, BUSINESS LEADERS, AND STARTUP ENTREPRENEURS, THEREBY HELPING THEM TO PRACTICE ETHICAL ACTIONS IN BUSINESS AND COMMERCE; AND HOLDING NUMEROUS CONFERENCES AND SEMINARS (VIRTUAL AND IN-PERSON) FOR YOUNG PROFESSIONALS AND BUSINESS LEADERS AT NO COST TO PARTICIPANTS AS WELL AS SUPPORTING NUMEROUS SMALL BUSINESS STARTUPS WITH PRO-BONO SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Mcmahan Chairman | 20 | $0 | |
Rob Oldach Board Member | 2 | $0 | |
Jack Benjamin Board Member | 2 | $0 | |
Jerry White Board Member | 1 | $0 | |
Darrell Dooyema Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,770 |
| Total Program Service Revenue | $1,855 |
| Membership dues | $0 |
| Investment income | $247 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,872 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $84,452 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,019 |
| Other expenses | $35,512 |
| Total expenses | $123,983 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $117,206 |
| Other assets | $0 |
| Total assets | $117,206 |
| Total liabilities | $0 |
| Net assets or fund balances | $117,206 |