GLOBAL TRAINING NETWORK INC

EIN: 680586399 501(c)(3) Religion

PEORIA, AZ

Total Revenue
$9,416,805
Total Expenses
$8,572,109
Total Assets
$6,284,230
Net Assets
$4,680,402
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
AZ
Phone
6232173867
Tax Period
2024-01-01 to 2024-12-31

GLOBAL TRAINING NETWORK INC, founded in 2004, is a community nonprofit in the Religion sector that reported $9.4M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $8.6M left a modest 9% surplus.

Mission

The organization is an inter-denominational ministry uniting evangelical christian churches and leaders around the mission of equipping and training indigenous church planters,pastors and christian leaders.

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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 (2024)

Revenue Breakdown

Contributions & Grants $9,249,181
Program Service Revenue $0
Investment Income $167,624
Other Revenue $0
TOTAL REVENUE $9,416,805

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,417,310
Fundraising Expenses $437,054
Program Expenses $7,766,736
Other Expenses $4,154,799
TOTAL EXPENSES $8,572,109

Year-over-Year Comparison

2024 2023 Change
Revenue $9,416,805 $8,046,943 +0.2%
Expenses $8,572,109 $7,767,044 +0.1%
Net Income $844,696 $279,899 +2.0%
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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Governance

Voting Members
7
Independent Members
5
Employees
68
Volunteers
14

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
7
$454,721
Total Directors
7
$454,721
Key Employees
2
$454,721
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL MADSON PRESIDENT 40.00
Officer Director Key Emp Highest
$234,067 $93,000 $327,067
BRUCE BEYLER SECRETARY/INDEPENDENT 5.00
Officer Director
$0 $0 $0
MICHAEL TEMPLE CHAIRMAN 5.00
Officer Director
$0 $0 $0
BRIAN MEE INDEPENDENT BOARD MEMBER 3.00
Officer Director
$0 $0 $0
JOEL MADSON VICE PRESIDENT 40.00
Officer Director Key Emp
$87,654 $40,000 $127,654
PERRY HARRIS INDEPENDENT BOARD MEMBER 5.00
Officer Director
$0 $0 $0
RON AMSTUTZ INDEPENDENT BOARD MEMBER 3.00
Officer 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 $9,416,805 $8,572,109 $6,284,230 $844,696
2023 $8,046,943 $7,767,044 $5,451,238 $279,899
2022 $7,046,123 $6,936,206 $3,555,807 $109,917
2021 $6,634,687 $6,063,228 $3,445,890 $571,459
2020 $6,484,608 $5,215,335 $2,874,431 $1,269,273
2019 $5,512,758 $5,301,834 $1,060,156 $210,924
2018 $5,115,669 $4,905,995 $863,001 $209,674
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