GLOBAL FAITH MISSION AGENCY INC

EIN: 412157438 501(c)(3) Religion

HIXSON, TN

Total Revenue
$3,188,175
Total Expenses
$3,065,781
Total Assets
$1,842,838
Net Assets
$1,836,356
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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
2004
Legal Domicile
TN
Principal Officer
ROY SEALS
Tax Period
2023-01-01 to 2023-12-31

GLOBAL FAITH MISSION AGENCY INC, founded in 2004, is a community nonprofit in the Religion sector that reported $3.2M in total revenue in fiscal year 2023. Expenses of $3.1M left a modest 4% surplus.

Mission

TO SEND MISSIONARIES THROUGHOUT THE WORLD TO SPREAD THE GOSPEL OF JESUS CHRIST BY EVERY LEGAL AND SPIRITUAL MEANS

Program Service Accomplishments

Program 1
Expenses: $2,901,583 Revenue: $3,188,175

SUPPORT MISSIONARIES IN THE US AND FOREIGN COUNTRIES TO SPREAD THE GOSPEL AND ESTABLISH CHURCHES, EDUCATIONAL FACILITIES, HOMELESS SHELTERS, AND BIBLE CAMPS, BOOK STORES, PRINT SHOPS, RADIO STATIONS...

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SUPPORT MISSIONARIES IN THE US AND FOREIGN COUNTRIES TO SPREAD THE GOSPEL AND ESTABLISH CHURCHES, EDUCATIONAL FACILITIES, HOMELESS SHELTERS, AND BIBLE CAMPS, BOOK STORES, PRINT SHOPS, RADIO STATIONS ETC.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,949,169
Investment Income $20,636
Other Revenue $218,370
TOTAL REVENUE $3,188,175

Expense Breakdown

Grants Paid $0
Salaries & Benefits $83,248
Fundraising Expenses $0
Program Expenses $2,901,583
Other Expenses $2,982,533
TOTAL EXPENSES $3,065,781

Year-over-Year Comparison

2023 2022 Change
Revenue $3,188,175 $3,246,805 0.0%
Expenses $3,065,781 $3,103,056 0.0%
Net Income $122,394 $143,749 -0.1%
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

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Governance

Voting Members
12
Independent Members
11
Employees
3
Volunteers
N/A

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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON SNEED BOARD MEMBER 0.50
Director
$0 $0 $0
CHANCE STRICKLAND BOARD MEMBER 0.50
Director
$0 $0 $0
CHAD CAMPBELL BOARD MEMBER 0.50
Director
$0 $0 $0
JUSTIN BURNS BOARD MEMBER 0.50
Director
$0 $0 $0
DARWIN BLANDON TRUSTEE 0.00
Director
$0 $0 $0
JAY HARVEY TRUSTEE 0.00
Director
$0 $0 $0
BRIAN BURKHOLDER TRUSTEE 0.00
Director
$0 $0 $0
PHIL WINFIELD BOARD MEMBER 0.50
Director
$0 $0 $0
SCOTTY MARCUM TRUSTEE 0.00
Director
$0 $0 $0
ROY SEALS EXECUTIVE DIRECTOR 0.00
Officer
$0 $0 $0
JEREMY WALLACE SECRETARYTREASURER 0.00
Officer
$0 $0 $0
TOM GOSS CHAIRMAN 0.00
Officer
$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 $3,188,175 $3,065,781 $1,842,838 $122,394
2022 $3,246,805 $3,103,056 $1,725,898 $143,749
2021 $3,020,777 $2,834,569 $1,578,114 $186,208
2020 $2,621,015 $2,471,934 $1,393,802 $149,081
2020 $2,620,211 $2,444,879 $1,387,439 $175,332
2019 $2,663,025 $2,489,708 $1,218,813 $173,317
2018 $2,556,130 $2,353,328 $1,042,841 $202,802
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