GLOBAL OUTREACH MINISTRIES (EIN 382612181) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

JOHN M VEREECKEN

Phone

6165320036

Tax Period

2023-01-01 to 2023-12-31

GLOBAL OUTREACH MINISTRIES, founded in 1985, is a community nonprofit in the Religion sector that reported $3.2M in total revenue in fiscal year 2023. Revenue surged 65% from the prior year, signaling strong growth momentum.

Mission

GLOBAL OUTREACH MINISTRIES EXISTS TO BRING TRANSFORMATION TO THE NATIONS OF LATIN AMERICA BY TRAINING INFLUENTIAL LEADERS, PLANTING RELEVANT CHURCHES, AND MOBILIZING CHRIST-FOLLOWERS TO TRANSFORM THEIR COMMUNITIES.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,828,839

Program Service Revenue $358,692

Investment Income $2,784

Other Revenue $2,729

TOTAL REVENUE $3,193,044

Expense Breakdown

Grants Paid $3,017,983

Salaries & Benefits $168,387

Fundraising Expenses $10,317

Program Expenses $3,214,770

Other Expenses $52,278

TOTAL EXPENSES $3,238,648

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,193,044	$1,930,363	+0.7%
Expenses	$3,238,648	$2,184,948	+0.5%
Net Income	$-45,604	$-254,585	-0.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$162,660

Total Directors

$100,910

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN M VEREECKEN	PRESIDENT	60.00	Officer Director	$83,575	$17,335	$100,910
KARLA VEREECKEN	TREASURER	40.00	Officer	$61,750	$0	$61,750
KARLA HUITSING	SECRETARY	4.00	Officer Director	$0	$0	$0
KELLY SCHUT	DIRECTOR	0.50	Director	$0	$0	$0
HAROLD VOORHEES SR	DIRECTOR	0.50	Director	$0	$0	$0
REV DUANE VANDERKLOK	DIRECTOR	0.50	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	$3,193,044	$3,238,648	$256,843	$-45,604
2022	$1,930,363	$2,184,948	$261,431	$-254,585
2021	$1,429,808	$1,143,701	$520,238	$286,107
2020	$891,571	$937,742	$222,203	$-46,171
2019	$879,445	$771,264	$282,177	$108,181
2018	$748,469	$821,802	$126,500	$-73,333

GLOBAL OUTREACH MINISTRIES