GLOBAL PARTNERSHIP MINISTRIES INC

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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

1991

Legal Domicile

Principal Officer

SCOTT KIRBY

Phone

9074404974

Tax Period

2024-01-01 to 2024-12-31

GLOBAL PARTNERSHIP MINISTRIES INC, founded in 1991, is a community nonprofit in the Religion sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $1.0M left a modest 9% surplus.

Mission

PRIMARILY TO FACILITATE CHRISTIAN MISSIONS AND SOCIAL WORK ACTIVITY IN ALASKA THROUGH THE USE OF VOLUNTEERS. WE MANAGE THE LOGISTICS AND MINISTRY FOR VISITING CHURCH TEAMS, SCHOOL GROUPS, AND INDIVIUALS.

Program Service Accomplishments

Program 1

Expenses: $791,948

THIS WAS THE LARGEST JESUS OUTREACH EVENT OF THE YEAR IN ALASKA. WE HAD 69 CHURCH GROUPS TOTALING 1040 MISSION VOLUNTEERS SERVE THIS PAST SUMMER-PLUS ABOUT 70 STAFF. CHURCH TEAMS CAME FROM 24 STATES INCLUDING HAWAII. OUR TEAMS WORK FOR EIGHT WEEKS FIVE DAYS A WEEK IN 14 DIFFERENT PUBLIC CITY PARKS AND MOBILE HOME PARKS. WE FED THOUSANDS OF MEALS IN UNDERSERVED NEIGHBORHOODS. PROVIDED SAFE AND FUN SPACES FOR ALL AGES TO ATTEND AND KEPT OUR EMPHASIS ON THE GOSPEL OF CHRIST AND GODS WORD THROUGH TEACHING, GAMES, CRAFTS, MUSIC AND PERSONAL CONVERSATIONS. WE DOCUMENTED OVER 3,060 GOSPEL SHARES, 49 SALVATIONS, AND 20 BAPTISMS IN THE PARKS. EACH WEEK GRACEWORKS HOSTED A NEW SET OF TEAMS TO CARRY OUT PARK MINISTRY. WE HOUSED OUR MISSION TEAMS IN 3 LOCATIONS. ALSO PROVIDED FOOD,LODGING AND TRANSPORTATION, AND SERVICE PROJECTS TO SERVE OUR COMMUNITIES.

Program 2

Expenses: $198,825

ECHO CHURCH LAUNCH. WE WERE VERY EXCITED TO HELP LAUNCH ECHO CHURCH ON SEPTEMBER 8-BASED AT OUR MAIN CAMPUS WITH 142 PEOPLE ATTENDING-MOSTLY NEW FACES. THIS WAS THE RESULT OF 2 1/2 YEARS OF PLANNING, LED BY THE PASTORS, THE BOARD, THE STAFF, AND HUNDREDS OF VOLUNTEERS. WE TOOK A TIRED AGED 1950 BUILDING AND TRANSFORMED IT INTO AN ATTRACTIVE, MODERN, FUNCTIONAL PLACE OF WORSHIPAND MINISTRY. WE ARE THANKFUL FOR THOSE WHO GAVE AND WORKED SO THAT NO MONEY WAS BORROWED. I WANT TO GIVE SPECIAL RECOGNITION TO OUR GRACEWORKS OPERATIONS DIRECTOR JAMIE CLEVELAND FOR HIS VISION, DESIGN, AND LEADERSHIP IN THIS RENOVATION PROJECT. WE ARE ALSO SO EXCITED THAT GOD LED JAX BRITZ AND HIS WIFE INETTE ALL THE WAY FROM SOUTH AFRICA TO LAUNCH AND LEAD THIS WORK. MORE INFO AT HTTPS://WWW.ECHOALASKA.ORG

Program 3

Expenses: $58,000

HELP SUPPORT CHRISTIAN MINISTRIES IN ROMANIA

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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 (2024)

Revenue Breakdown

Contributions & Grants $298,826

Program Service Revenue $853,076

Investment Income $557

Other Revenue $0

TOTAL REVENUE $1,152,459

Expense Breakdown

Grants Paid $20,365

Salaries & Benefits $56,334

Fundraising Expenses $0

Program Expenses $1,048,773

Other Expenses $972,074

TOTAL EXPENSES $1,048,773

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,152,459	$1,038,175	+0.1%
Expenses	$1,048,773	$1,380,399	-0.2%
Net Income	$103,686	$-342,224	-1.3%

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

1300

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

$10,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT KIRBY	PRESIDENT	60.00	Officer	$10,000	$0	$10,000
JERRY POSEY	CHAIRMAN	3.00	Director	$0	$0	$0
RYAN MCBRIDE	DIRECTOR	2.00	Director	$0	$0	$0
CLYDE UPCHURCH	DIRECTOR	2.00	Director	$0	$0	$0
BUDDY SCUDDER	DIRECTOR	2.00	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	$1,152,459	$1,048,773	$7,149,054	$103,686
2021	$872,140	$649,831	$1,280,342	$222,309
2020	$403,389	$422,277	$1,058,033	$-18,888