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

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating677 of 103381 of 124
Fund acquisition rating558 of 103565 of 124
Resource allocation rating752 of 103591 of 124
Asset utilization rating508 of 103364 of 124

Financial ratios

Funding ratiosSector median20202019201820172016
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 ratiosSector median20202019201820172016
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 ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.141.101.641.581.461.78
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.291.051.031.101.101.07
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.631.151.691.731.611.91
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
20.9830.80100.7930.160.00108.44
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.030.010.030.000.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.7010.087.046.737.466.23
 
Solvency ratiosSector median20202019201820172016
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
 
Assets20202019201820172016
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
 
Liabilities20202019201820172016
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 assets20202019201820172016
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
 
Revenue20202019201820172016
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
 
Expenses20202019201820172016
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 assets20202019201820172016
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

NameTitleCompensation
Johnny CondreyExecutive Dir.$90,860
Taylor CondreyDirector$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!


Needs