Global Partnership Ministries Inc
- Assets
- $1.3m
- Revenue
- $872.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Anchorage, AK
- Founding
- 01/1991
- Data as of
- 12/2021
- EIN
- 58-1898933
Organization Overview
Global Partnership Ministries Inc, operating under the name GraceWorks Alaska, is located in Anchorage, AK. The organization was established in 1991. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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. GraceWorks Alaska 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 12/2021, GraceWorks Alaska generated $872.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $649.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE PRIMARILY FACILITATE CHRISTIAN MISSION AND SOCIAL WORK ACTIVITY IN ALASKA THROUGH THE USE OF VOLUNTEERS. WE MANAGE THE LOGISTIC AND MINISTRY FOR VISITING CHURCH TEAMS, SCHOOL GROUPS AND INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRACEWORKS HOSTED ABOUT 1019 VOLUNTEERS SERVING IN 2021. IN ADDITION TO OUR ANNUAL SPRING IDITAROD MISSION, WE WORKED IN 13 LOCAL PARKS AND MOBILE HOME PARKS 5 DAYS PER WEEK ALL SUMMER. WE DID RECREATIONAL AND SPORTS ACTIVITIES, CRAFTS AND BIBLE CLUBS IN THE PARKS WITH KIDS. IN ADDITION, WE DISTRIBUTED ABOUT 13,000 MEALS TO DISADVANTAGED KIDS. FURTHERMORE, WE ASSISTED SEVERAL OTHER NONPROFITS INCLUDING NORTHERN LIGHTS MISSION, TREASURE ANGELS, REMAD AND THE HOPE CENTER. WE ALSO PURCHASED AND DISTRIBUTED THOUSANDS OF DOLLARS WORTH OF FOOD TO FAMILIES IN NEED.
OVERSEAS. THIS YEAR DUE TO COVID WE WERE UNABLE TO TAKE TEAMS TO ROMANIA AND UKRAINE. INSTEAD WE SENT GIFTS OF 69,700 TO LOCAL ROMANIAN CHURCH WORKERS TO AID WITH COVID RELIEF AND HELP ROMANIAN PASTORS AND THEIR FAMILIES IN NEED. SOME FUNDS ALSO WENT TO UKRAINE TO HELP CONSTRUCT A CHURCH IN A UKRAINIAN VILLAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheryl Farr Member | Trustee | 2 | $0 |
Ryan Mcbride Member | Trustee | 2 | $0 |
Jerry Posey Vice President | Trustee | 5 | $0 |
Larry Blackmon Member | Trustee | 2 | $0 |
Scott Kirby President | Trustee | 50 | $0 |
Robin Hiatt Secretary | Trustee | 2 | $0 |
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 | $288,761 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $288,761 |
| Total Program Service Revenue | $565,777 |
| Investment income | $102 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $872,140 |
| 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 | $70,400 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $52,004 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $18,000 |
| Other employee benefits | $47,946 |
| Payroll taxes | $0 |
| Fees for services: Management | $95,374 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,840 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,603 |
| Office expenses | $10,446 |
| Information technology | $3,931 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,816 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,025 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,340 |
| All other expenses | $0 |
| Total functional expenses | $649,831 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $450,263 |
| Savings and temporary cash investments | $15,469 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $814,610 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,280,342 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $465,732 |
| Paid-in or capital surplus, or land, building, or equipment fund | $814,610 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,280,342 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Global Partnership Ministries Inc has recieved totaling $39.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bridge Ministries Bellevue, WA | $2,376,467 | $5,280,770 |
Tacoma New Life Presbyterian Church Tacoma, WA | $6,383,396 | $1,529,207 |
Seabeck Conference Center Seabeck, WA | $8,634,515 | $1,648,729 |
National Christian Forensics And Communications Association Yakima, WA | $658,986 | $1,127,319 |
Vipassana Community Foundation Onalaska, WA | $1,437,686 | $1,373,097 |
Experience Mission Inc Nordland, WA | $149,819 | $967,227 |
Pyung An Presbyterian Church Auburn, WA | $2,407,251 | $1,427,456 |
Antioch World Ministries Inc Monroe, WA | $2,436,091 | $545,636 |
Christ Kitchen Spokane, WA | $807,006 | $782,679 |
Global Partnership Ministries Inc Anchorage, AK | $1,280,342 | $872,140 |
Project 92 Lynden, WA | $327,739 | $739,487 |
Alongside Ministries International Langley, WA | $198,903 | $643,360 |