Global Impact Ministries and Outreach Association

EIN: 364142327 501(c)(3) Religion

Rockford, IL

Total Revenue
$522,396
Total Expenses
$566,635
Total Assets
$123,347
Net Assets
$118,961
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
IL
Principal Officer
Amy Muranko
Phone
8664245622
Tax Period
2023-01-01 to 2023-12-31

Global Impact Ministries and Outreach Association, founded in 1997, is a small nonprofit in the Religion sector that reported $522K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year.

Mission

Our VISION is a world where communities are empowered with freedom and truth, taking action against injustice, delivering hope, rising in leadership and effecting change in this generation and those to come. And our MISSION is to release freedom and empower potential in communities globally through mentoring, education, and outreach.

Program Service Accomplishments

Program 1
Expenses: $325,187 Revenue: $325,187

Philippines: Education & Empowerment: Catalyst Leadership Academys (CLA) 15th year ran for 7 intense weeks with the theme KALINOW, meaning Peace Now. This comprehensive and dynamic program drew...

Read more

Philippines: Education & Empowerment: Catalyst Leadership Academys (CLA) 15th year ran for 7 intense weeks with the theme KALINOW, meaning Peace Now. This comprehensive and dynamic program drew participants from diverse backgrounds and locations with a range of events and activities aimed at fostering freedom and empowering the potential of youth as well as the wider community. This multifacited academy included a 3-day pastor training, womens emotional empowerment conference, first aid training and adventure leadership training all held at the Global Impact base in Davao City as well as events like Limitless Youth Summit at Davao Oriental State University in Mati, Davao Oriental, and Talaingod, Davao del Norte as well as CLA held in Talaingod, Davao del Norte. CLAs holistic approach fostered leadership skills and personal and spiritual growth teaching Christ-led principles empowering participants to become agents of change to create a ripple effect extending far beyond its confines. Collaberations with key partners such as the 56th Infantry Battalion (56IB), TATAG IP Foundation, Bureau of Fire Protection (BFP), and the Phillipine National Police (PNP) further enriched the experience, making it unforgettable and life-changing for all involved. Impacted Individuals: CLA Students: 44; Pastors Training Participants: 43; Limitless Youth Summit: 931; Womens Conference: 50; TATAG IP Scholars: 42; Military Personnel: 50. Speaking Engagements: Pastor Amy as Founding Director of Global Impact and dedicated Pastor of Ministry empowered individuals in their spiritual journeys. As speaker at the 43rd Mid-Year Baccalaureate program at the University of Mindanao, she profoundly impacted the 300 graduating students. Pastor Amy also preached in Iloilo City. Her messages You Always Have My Yes and Biblical Emotional Health empowered over 100 individuals. She also ministered and preaches in churches in the USA and New Zealand reaching over 2,400 individuals across various churches. Education Scholarships in Philippines: 15 scholars from elementary to university level were assisted through education scholarships. Besides financial scholarships, students also received help with school supplies, computer equipment and additional services such as counseling and learning support. Scholars included 7 university level students, 3 senior high students, 3 junior high students and 2 elementary scholars. These scholarships allow qualified, motivated students from underprivileged backgrounds to pursue an education that is otherwise out of reach. The holistic support greatly impacts their lives as well as the lives of their families and communities. Freedom Phillipines Anti-Trafficking Work: Awareness raising initiatives reached over 10,000 online and face to face participants in 2023. Four Limitless Youth Summits (LYS) were held throughout the regions reaching 1,781 participants. Global Impact delivered comprehensive lectures as part of the Officers Senior Executive Course at the National Police College providing executive officers from various agencies such as the Bureau of Fire Protection, Coast Guard, Bureau of Jail Management, and Phillipine National Police with in-depth insights and strategies to address human trafficking effectively. Over the year, two such classes were conducted, with a total of 90 ranking executive officers benefitting from this specialized training. As an active member of the Inter-Agency Council Against Trafficking Region XI (IACAT XI) Network, Global Impact hosted and facilitated events and programs supporting member agencies of the network, trafficking survivors, prostituted and trafficked women, social workers, investigators and prosecutors impacting 460 individuals. Radio Program: Support and advocacy for Overseas Filipino Workers (OFWs) through weekly broadcasts - both on air and live-streamed on social media-offered crucial assistance and guidance to OFWs and their families. The Usapang OFW Helpdesk in partnership with 1197 DXFE, a Christian media platform, serves as a vital conduit desseminating not only Global Impacts anti-human trafficking advocacy but also its ministry works, with a central message of Gods love resonating throughout each episode. Covering a diverse array of topics aligned with Global Impacts core focus areas, the program regularly features key stakeholders, partners, beneficiaries, and supporters as guests and resource speakers, enriching discussions and providing comprehensive insights. In 2023, an estimated 25,200 individual listeners and followers were reached. Special Projects: Christmas Outreaches (Philippines): A Family Fun Day in collaboration with community partners was held for the Sitio Milyong Community encompassing 129 households and impacting 492 Ata Manobo participants. Medical and dental interventions, engaging games, distribution of gifts and prizes brought joy and festivities to the Ata Manobo tribe at Christmastime. This event also marked the launch of the Abaca Nursery Project which will benefit these households by addressing root causes of vulnerabililty and economic instability due to income loss from declining abaca production in the area. Global Impact was also a part of the grand Peace Caravan in Davao del Norte where indingenous people (IP) community received comprehensive medical assistance and other necessary services. A Family Fun Day was also part of the event providing participants with a chance to enjoy games, raffle drawings and a heartfelt message of Peace in our Hearts by Pastor Amy impacting 5,000 Ata Manobo participants. USA: Besides speaking engagements in the Philippines, Pastor Amy empowered more than 800 individuals in the USA through transformative biblical teachings and trainings at various churches in the USA. New Zealand: More than 1,200 individuals were empowered with freedom and truth through Pastor Amys spiritual enhancement training at various churches in New Zealand.

Program 2
Expenses: $108,409 Revenue: $108,409

Ukraine: Living Pearl Childrens Home: Provided care for orphaned, abandoned and neglected Ukrainian children in a full-time residential care home. Holistic support in a family environment included...

Read more

Ukraine: Living Pearl Childrens Home: Provided care for orphaned, abandoned and neglected Ukrainian children in a full-time residential care home. Holistic support in a family environment included shelter, meals, medical treatments, education, enrichment, and spiritual activites. 57 children in total were cared for at Living Pearl in 2023. Annual Projects: The school supply campaign raised funds to cover the full budget for fall clothing, shoes, school supplies and textbooks for 34 school age children as well as graduation expenses for 2 high school seniors at Living Pearl. The Christmas Outreach Campaign raised funds to provide church and community outreaches in Onufrievka with approximately 300 people served providing treats and events for the community including war refugees still living in the region. A combined Christmas celebration and 12th anniversary of Living Pearl provided a wonderful party for our children as well as the staff that serves them daily. This year we welcomed our former residents of Living Pearl to the festivities and anniversary celebration. In Dnipro, we partnered with City of Light church to provide food and Christmas treats to 65 children in need. Special Projects: Through our Ukraine Emergency Fund established at the start of the Russian invasion of Ukraine in February 2022, special projects included: aid packages of food, diapers and other basic necessities for 6 families; purchase and installation of fence and gate for mom and child crisis center; financial assistance to pastors and churches who are supporting families in need affected by the war (Dnipro region); the existing cellar at Living Pearl was renovated into a functional, fully equipped bomb shelter ensuring the safety of children and staff at Living Pearl during wartime. Close to 350 people received aid packages and food approximately twice a month, many of whom are war refugees living in the region. Global Impact supported over 25 charity events to aid war refugees and socially vulnerable sections of the population. These outreaches included about 7,000 grocery bags with food and personal hygiene items. Assistance to the military was also provided including food, medicine, and basic necessities. At Living Pearl, a child in our care received crucial eye surgery; repairs were made at both the Ukraine pastoral/missions house as well as new AC installation at Living Pearl Childrens Home.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $521,748
Program Service Revenue $180
Investment Income $44
Other Revenue $424
TOTAL REVENUE $522,396

Expense Breakdown

Grants Paid $435,291
Salaries & Benefits $58,348
Fundraising Expenses $0
Program Expenses $566,635
Other Expenses $72,996
TOTAL EXPENSES $566,635

Year-over-Year Comparison

2023 2022 Change
Revenue $522,396 $632,945 -0.2%
Expenses $566,635 $601,865 -0.1%
Net Income $-44,239 $31,080 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
2
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
2
$0
Key Employees
1
$36,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amy S Muranko Board of Directors 40.00
Key Emp Highest
$36,000 $0 $36,000
Kevin J Cortez Board of Directors 1.00
Director
$0 $0 $0
Rolando R Lopez Board of Directors 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $522,396 $566,635 $123,347 $-44,239
2022 $632,945 $601,865 $171,074 $31,080
2021 $451,334 $494,952 $133,780 $-43,618
2020 $380,845 $404,459 $169,085 $-23,614
2019 $516,563 $472,578 $180,846 $43,985
2018 $435,656 $424,956 $137,585 $10,700
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Global Impact Ministries and Outreach Association with other nonprofits in Illinois and across the country.