Global Networks Inc
- Assets
- $156.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dothan, AL
- Founding
- 02/2000
- Data as of
- 12/2021
- EIN
- 62-1723393
Organization Overview
Global Networks Inc is located in Dothan, AL. The organization was established in 2000. According to its NTEE Classification (U02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Networks 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 12/2021, Global Networks Inc generated $18.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (20.3%) each year. All expenses for the organization totaled $22.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.4%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
MISSION TRIPS TO HONDERUS TO CARRY FOOD AND MEDICINE AND SPREAD THE GOSPEL OF JESUS CHRIST
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Steinke CEO | 10 | $0 | |
Bob Simpkins Director | 40 | $0 | |
Roberta Simmons Sec/treas | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,225 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,225 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,548 |
| Total expenses | $22,548 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $156 |
| Other assets | $0 |
| Total assets | $156 |
| Total liabilities | $0 |
| Net assets or fund balances | $156 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Global Networks Inc has recieved totaling $36,583.
| Awarding Organization | Amount |
|---|---|
Kingsway Charities Inc Bristol, VA PURPOSE: Global healthcare | $36,583 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Innovate Mississippi Jackson, MS | $937,142 | $1,482,573 |
Manufacturing Technology Deployment Group Clearwater, FL | $86,837 | $1,415,572 |
Greater Memphis It Council Memphis, TN | $26,804 | $121,948 |
Global Networks Inc Dothan, AL | $156 | $0 |
Panoscience Education Cocoa, FL | $37,640 | $0 |