Global Year 
The information on this page was last updated 6/27/2022. If you see errors or omissions, please email: [email protected]
Summary
Global Year is a ministry established to equip and mobilize young people (18-25 years old) to reach the lost with the Gospel through a year living abroad.
Contact information
Mailing address:
Global Year
11180 Henderson Mountain Rd
Fairmount, GA 30139
Website: globalyear.org
Phone: 678-494-8228
Email: [email protected]
Organization details
EIN: 271540951
CEO/President: Johnny Condrey
Chairman: Timothy Nall
Board size: 5
Founder: Johnny and Natalie Condrey
Ruling year: 2010
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2020
Purpose
Our vision is to know God and make him known while equipping and mobilizing 10,000 young people to reach the nations with the gospel!
Mission statement
Our mission is to challenge students to take a year and learn a new language, immerse into a different culture, grow in their relationship with Christ and reach the nations with the gospel!
Statement of faith
We believe that all the Scriptures are verbally inspired of God, and are without error in the original writings, and they are the supreme and final authority for faith and life
We believe in one God, Creator and sustainer of the universe, who is eternally existent in three persons - Father, Son, and Holy Spirit.
We believe in the Deity of Jesus Christ, His virgin birth, sinless life, His death to pay the penalty for everyone's sins, His bodily resurrection, His exaltation at God's right hand, and His personal, imminent return.
We believe that all have sinned and are therefore guilty before God and are under His condemnation.
We believe that all who by faith receive Jesus Christ are born again of the Holy Spirit, therefore children of God and eternally saved, and that the Holy Spirit dwells within every believer to enlighten, guide, and enable the believer in life, testimony, and service. We believe that God answers the prayers of His people and meets their needs according to His purpose.
We believe that salvation is eternally secured by the finished work of Christ and the cross and by His intercessory work at the right hand of God.
We believe that God gives spiritual gifts to all believers for the building up of the body of Christ and extending His kingdom.
We believe in the bodily resurrection of the just and unjust, eternal life with Christ of the saved in heaven and the everlasting conscious punishment of the lost in hell.
We believe that all believers are called to a life of separation from all worldly and sinful practices and alliances.
We believe in the authority of the local church as the institution ordained by God to evangelize the world and disciple followers of Jesus.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 677 of 1033 | 81 of 124 |
| Fund acquisition rating | | 558 of 1035 | 65 of 124 |
| Resource allocation rating | | 752 of 1035 | 91 of 124 |
| Asset utilization rating | | 508 of 1033 | 64 of 124 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 5% | 5% | 4% | 4% | 1% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 4% | 5% | 4% | 4% | 1% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 100% | 100% | 100% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 6% | 4% | 4% | 1% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 0% | 0% | 0% | 0% | 0% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 79% | 80% | 82% | 96% | 90% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 92% | 98% | 98% | 89% | 92% |
Program output ratio Program output ratio = Program services / Total revenue | 77% | 72% | 78% | 80% | 86% | 83% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 8% | 2% | 2% | 11% | 8% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 11% | 10% | 4% | 3% | 17% | 15% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 10% | 16% | 16% | 14% | 3% | 10% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.14 | 1.10 | 1.64 | 1.58 | 1.46 | 1.78 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.29 | 1.05 | 1.03 | 1.10 | 1.10 | 1.07 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.63 | 1.15 | 1.69 | 1.73 | 1.61 | 1.91 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 20.98 | 30.80 | 100.79 | 30.16 | 0.00 | 108.44 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.03 | 0.01 | 0.03 | 0.00 | 0.01 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.70 | 10.08 | 7.04 | 6.73 | 7.46 | 6.23 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 3% | 1% | 3% | 1% | 2% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 77% | 88% | 61% | 62% | 68% | 55% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $535,061 | $477,521 | $463,399 | $437,413 | $392,131 |
| 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 | $535,061 | $477,521 | $463,399 | $437,413 | $392,131 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $25,873 | $15,197 | $44,025 | $44,001 | $28,861 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $25,873 | $15,197 | $44,025 | $44,001 | $28,861 |
| Total assets | $560,934 | $492,718 | $507,424 | $481,414 | $420,992 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $17,372 | $4,738 | $15,367 | $0 | $3,616 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $17,372 | $4,738 | $15,367 | $0 | $3,616 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $3,028 | $3,905 |
| Total long-term liabilities | $0 | $0 | $0 | $3,028 | $3,905 |
| Total liabilities | $17,372 | $4,738 | $15,367 | $3,028 | $7,521 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $0 | $0 | $0 | $0 | $0 |
| With donor restrictions | $0 | $0 | $0 | $0 | $0 |
| Net assets | $543,562 | $487,980 | $492,057 | $478,386 | $413,471 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $670,834 | $824,024 | $812,311 | $786,478 | $810,204 |
| Program service revenue | $0 | $0 | $0 | $0 | $1,330 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $1,192 | $2,366 | $734 | $126 | $204 |
| Other revenue | $0 | $0 | $0 | $77 | $0 |
| Total other revenue | $1,192 | $2,366 | $734 | $203 | $1,534 |
| Total revenue | $672,026 | $826,390 | $813,045 | $786,681 | $811,738 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $484,075 | $646,852 | $651,747 | $674,728 | $673,482 |
| Management and general | $97,825 | $127,369 | $112,945 | $22,569 | $74,341 |
| Fundraising | $34,544 | $32,149 | $34,682 | $6,469 | $0 |
| Total expenses | $616,444 | $806,370 | $799,374 | $703,766 | $747,823 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $55,582 | $20,020 | $13,671 | $82,915 | $63,915 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $55,582 | $20,020 | $13,671 | $82,915 | $63,915 |
Compensation
| Name | Title | Compensation |
| Johnny Condrey | Executive Dir. | $90,860 |
| Taylor Condrey | Director | $12,875 |
Compensation data as of: 12/31/2020
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 6/27/2022. To update the information below, please email: [email protected]
History
Program accomplishments
Global Year has sent 500+ students to over 15 countries. We continue to send students every year all over the world and by God's grace, we plan to see 10,000 young people go and reach the world with the Gospel!