CENTER FOR GLOBAL MINISTRIES

EIN: 743074033 501(c)(3) Philanthropy & Grantmaking

PLANO, TX

Total Revenue
$112,266
Total Expenses
$109,883
Total Assets
$49,245
Net Assets
$49,245
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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
2003
Legal Domicile
TX
Principal Officer
STEPHEN THOMPSON
Phone
9722480451
Tax Period
2024-01-01 to 2024-12-31

CENTER FOR GLOBAL MINISTRIES, founded in 2003, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $112K in total revenue in fiscal year 2024. Revenue fell 54% from the prior year — a significant decline worth monitoring.

Mission

CENTER FOR GLOBAL MINISTRIES (CGM) IS A WORLDWIDE CHURCH-PLANTING MINISTRY.

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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 $112,266
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $112,266

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $269
Program Expenses $91,290
Other Expenses $109,883
TOTAL EXPENSES $109,883

Year-over-Year Comparison

2024 2023 Change
Revenue $112,266 $243,160 -0.5%
Expenses $109,883 $225,903 -0.5%
Net Income $2,383 $17,257 -0.9%
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
9
Independent Members
9
Employees
N/A
Volunteers
3

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
1
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FILIP BUYSE DIRECTOR 0.96
Director
$0 $0 $0
DAVID GASMIRE DIRECTOR 0.48
Director
$0 $0 $0
JOHN RAYBURN DIRECTOR 1.92
Director
$0 $0 $0
JAMES MCCULLOR DIRECTOR 1.92
Director
$0 $0 $0
BOB TEMPLE DIRECTOR 0.48
Director
$0 $0 $0
TERRY CARTER DIRECTOR 0.48
Director
$0 $0 $0
GARY MCGILVRAY DIRECTOR 0.48
Director
$0 $0 $0
STEVE THOMPSON CHAIRMAN 6.25
Director
$0 $0 $0
JIM SMITH TREASURER 2.00
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 $112,266 $109,883 $49,245 $2,383
2023 $243,160 $225,903 $46,862 $17,257
2022 $228,679 $240,761 $29,605 $-12,082
2021 $156,287 $163,513 $41,687 $-7,226
2020 $175,871 $184,091 $48,913 $-8,220
2019 $210,853 $194,117 $57,133 $16,736
2018 $211,245 $215,907 $40,397 $-4,662
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