Global Service Network
The information on this page was last updated 12/22/2023. If you see errors or omissions, please email: [email protected]
Summary
Global Service Network partners with like-minded servants of Christ within campus ministries, churches, cross-cultural missionaries, Christian professionals, Seminaries, and short-term mission teams providing freedom from the distraction of administration duties, accountability in order to maximize Biblical stewardship of resources, and effective communication with ministry partners.
Contact information
Mailing address:
Global Service Network
PO Box 1809
Apex, NC 27502
Website: globalservicenetwork.org
Phone: 919-249-0146
Email: [email protected]
Organization details
EIN: 208686806
CEO/President: Marc Mullin / Frank Self
Chairman: Vimalkumar Patel
Board size: 3
Founder: 4 missionaries
Ruling year: 2008
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2009
Purpose
The vision of Global Service Network is rooted in Jesus' command, "...The harvest is plentiful but the workers are few. Ask the Lord of the harvest, therefore, to send out workers into his harvest field." (Matthew 9:37-38).
Our Motivation
Great Commission - And Jesus came up and spoke to them, saying, "All authority has been given to Me in heaven and on earth. Go therefore and make disciples of all the nations, baptizing them in the name of the Father and the Son and the Holy Spirit, teaching them to observe all that I commanded you; and lo, I am with you always, even to the end of the age." Matthew 28:18-20
More Laborers - Then He said to His disciples, "The harvest is plentiful, but the workers are few. Therefore beseech the Lord of the harvest to send out workers into His harvest." Matthew 9:37-38
Changed Lives - Therefore if any man is in Christ, he is a new creature; the old things passed away; behold, new things have come. 2 Corinthians 5:17
Serving Others - "For even the Son of Man did not come to be served, but to serve, and to give His life a ransom for many." Mark 10:45
Mission statement
Men and women desiring to spread the Gospel message throughout the world find a reliable partner in Global Service Network.
Global Service Network partners with like-minded servants of Christ within campus ministries, churches, cross-cultural missionaries, Christian professionals, Seminaries, and short-term mission teams providing freedom from the distraction of administration duties, accountability in order to maximize Biblical stewardship of resources, and effective communication with ministry partners.
Statement of faith
Scriptures
We believe the Bible is God's infallible Word, written without errors, comprised of the sixty-six books of the Old and New Testaments. As the God-breathed, inspired work of the Holy Spirit, we believe the Bible is the final authority in all matters of faith and practice.
God
We believe in one true God who eternally exists in three persons, Father, Son and Holy Spirit. Each member of the Holy Trinity equally possesses all the attributes of Deity as well as characteristics of personality.
Jesus Christ
We believe Jesus Christ is God, the living Word, who was miraculously conceived by the Holy Spirit and entered the world through the virgin birth. Hence, His nature is perfect deity and true humanity united in one person forever. We believe Jesus Christ lived a sinless life, voluntarily atoned for the sins of all mankind by dying on a cross, and rose from the dead in the same body, though glorified, according to the Scriptures. Thus, He satisfied divine justice and accomplished salvation for all who trust in Him alone. We believe in our Lord's bodily ascension into heaven where He sat down at the right hand of God as the only mediator between God and man who continually makes intercession for His own. He is head of the church, His Body, which is composed of all men and women, living and dead, who have joined to Him through saving faith. Jesus Christ will return physically to earth to consummate God's eternal plan.
Man
We believe Adam and Eve were originally created in the image of God, disobeyed through sin, and as a result, became alienated from their Creator. The historic act of rebellion resulted in the fall, passing on to all mankind divine condemnation. We believe man's nature is corrupt, totally unable to please God, and thus, in need of regeneration and renewal by the Holy Spirit.
Salvation
We believe salvation is wholly a work of God's grace freely given; it is not the work, in whole or in part, of human works, goodness or religious practice. For those who put their faith in Christ alone for salvation, God imputes His righteousness and transfers them into His spiritual kingdom. The privilege of every believer is to have assurance of salvation from the moment of trusting Christ as Lord and Savior. The believer's assurance of his eternal destiny is not based on human merit but upon the Holy Spirit's witnesses to the individual's spirit about belonging to God and the truth of God's written Word.We believe the Scripture teaches upon death the believer immediately enters the eternal, conscious fellowship with the Lord, awaiting resurrection of his body to everlasting glory and blessing. In contrast, the unbeliever upon death immediately enters eternal, conscious separation from the Lord, awaiting resurrection of his body to everlasting judgment and condemnation.
Holy Spirit
We believe the Holy Spirit came into the world to reveal and glorify Jesus Christ and to apply His saving work to all those who trust Him. The Holy Spirit convicts sinners of their need for Christ, imparts new life, seals them until the day of redemption, and continually indwells believers. Every believer is called to live in the power of the Holy Spirit's fullness by faith so as not to fulfill the lust of the flesh but to bear fruit to the glory of God.
Believer/Church
We believe God admonishes His people to assemble together regularly for worship in order to participate in ordinances, receive edification through the Scriptures and draw strength from mutual encouragement. We adhere to the Lord's command to all believers to proclaim the gospel throughout the world and make disciples in every nation. When believers follow the Lord's mandate to help fulfill the Great Commission, all worldly and personal ambitions must be in a position of subordination to a total commitment to "Him who loved us and gave Himself for us."
Donor confidence score
Show donor confidence score detailsTransparency grade
A
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Financial efficiency ratings
Sector: Evangelism Support
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 69 of 1095 | 6 of 33 | |
Fund acquisition rating | 281 of 1096 | 8 of 33 | |
Resource allocation rating | 110 of 1096 | 8 of 33 | |
Asset utilization rating | 226 of 1095 | 8 of 33 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 4% | 4% | 3% | 3% | 3% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 4% | 4% | 3% | 3% | 3% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 99% | 99% | 100% | 100% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 4% | 4% | 3% | 3% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 1% | 1% | 0% | 0% | 1% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 91% | 91% | 91% | 91% | 91% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 99% | 91% | 91% | 93% | 92% |
Program output ratio Program output ratio = Program services / Total revenue | 79% | 90% | 83% | 83% | 85% | 84% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 1% | 9% | 9% | 7% | 8% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | 2% | 19% | 21% | 17% | 25% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 5% | 5% | 6% | 6% | 5% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.20 | 2.12 | 1.91 | 2.16 | 2.40 | 2.69 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.33 | 1.01 | 1.00 | 1.00 | 1.00 | 1.01 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.70 | 2.15 | 1.91 | 2.16 | 2.41 | 2.71 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 35.05 | 692.84 | 276.81 | 595.31 | 1009.84 | 2505.15 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.59 | 5.58 | 6.25 | 5.55 | 4.97 | 4.43 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 5% | 1% | 1% | 0% | 0% | 0% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 79% | 47% | 52% | 46% | 42% | 37% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $4,961,455 | $4,852,432 | $3,936,810 | $3,091,122 | $2,545,234 |
Receivables, inventories, prepaids | $0 | $0 | $0 | $0 | $0 |
Short-term investments | $0 | $0 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $4,961,455 | $4,852,432 | $3,936,810 | $3,091,122 | $2,545,234 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $866 | $3,072 | $5,769 | $9,281 | $13,295 |
Other long-term assets | $62,866 | $11,846 | $0 | $0 | $0 |
Total long-term assets | $63,732 | $14,918 | $5,769 | $9,281 | $13,295 |
Total assets | $5,025,187 | $4,867,350 | $3,942,579 | $3,100,403 | $2,558,529 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $7,161 | $17,530 | $6,613 | $3,061 | $1,016 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $7,161 | $17,530 | $6,613 | $3,061 | $1,016 |
Debt | $0 | $0 | $0 | $0 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $62,866 | $11,846 | $0 | $0 | $0 |
Total long-term liabilities | $62,866 | $11,846 | $0 | $0 | $0 |
Total liabilities | $70,027 | $29,376 | $6,613 | $3,061 | $1,016 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $1,360,186 | $1,159,041 | $1,001,464 | $855,258 | $725,974 |
With donor restrictions | $3,594,974 | $3,678,933 | $2,934,502 | $2,242,084 | $1,831,539 |
Net assets | $4,955,160 | $4,837,974 | $3,935,966 | $3,097,342 | $2,557,513 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $10,634,999 | $10,112,061 | $9,315,577 | $7,969,768 | $7,464,245 |
Program service revenue | $74,999 | $56,999 | $15,803 | $15,544 | $45,621 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $52,519 | $766 | $1,457 | $1,293 | $1,019 |
Other revenue | $2,195 | $13,830 | $5,725 | $9,472 | $10,087 |
Total other revenue | $129,713 | $71,595 | $22,985 | $26,309 | $56,727 |
Total revenue | $10,764,712 | $10,183,656 | $9,338,562 | $7,996,077 | $7,520,972 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $9,721,146 | $8,456,119 | $7,726,804 | $6,775,361 | $6,295,735 |
Management and general | $514,169 | $462,334 | $494,137 | $430,930 | $351,104 |
Fundraising | $412,211 | $363,195 | $278,997 | $249,957 | $242,244 |
Total expenses | $10,647,526 | $9,281,648 | $8,499,938 | $7,456,248 | $6,889,083 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | $117,186 | $902,008 | $838,624 | $539,829 | $631,889 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $117,186 | $902,008 | $838,624 | $539,829 | $631,889 |
Compensation
Name | Title | Compensation |
Frank Self | President | $156,385 |
Marc Mullin | CEO | $154,485 |
Compensation data as of: 12/31/2023
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 12/22/2023. To update the information below, please email: [email protected]
History
Global Service Network was launched in 2007 by four individuals whose combined ministry experience totals over 70 years. The founders recognized a need to form an administrative structure as they developed a ministry to those living in restricted-access countries. They did not imagine the network would grow and expand globally, encompassing a wide range of mission endeavors.