Global Training Network
The information on this page was last updated 5/3/2023. If you see errors or omissions, please email: [email protected]
Summary
Through intensive, on-site conferences, we serve pastors by providing teaching and training in essential doctrine, vital Christian character, and practical ministry skills.
Contact information
Mailing address:
Global Training Network
PO Box 6507
Peoria, AZ 85385
Website: gtn.org
Phone: 623-217-3867
Email: [email protected]
Organization details
EIN: 680586399
CEO/President: Paul & Lisa Madson
Chairman: Mr. Michael Temple
Board size: 7
Founder: Paul and Lisa Madson
Ruling year: 2004
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2009
Purpose
The vision of Global Training Network is to provide quality biblical and theological training to thousands of indigenous church planters, pastors and Christian leaders throughout the Majority World, so that these pastors and leaders can then effectively equip and lead their congregations to evangelize and disciple their communities for Christ.
Mission statement
Our mission is to encourage and equip indigenous church planters, pastors and Christian leaders throughout the developing world so that they can more effectively equip their congregations to be prepared to evangelize and disciple their community for Christ!
Statement of faith
God is the Creator and Ruler of the universe. He has eternally existed in three persons: the Father, the Son and the Holy Spirit. These three are co-equal and are one God.
(Genesis 1:1,26,27; 3:22; Psalm 90:2; Matthew 28:19; 1 Peter 1:2; 2 Corinthians 13:14)
Jesus Christ is the Son of God. He is co-equal with the Father. Jesus lived a sinless human life and offered Himself as the perfect sacrifice for the sins of all men by dying on a cross. He rose from the dead after three days to demonstrate His power over sin and death. He ascended to Heaven's glory and will return again to earth to reign as King of Kings and Lord of Lords.
(Matthew 1:22,23; Isaiah 9:6; John 1:1-5, 14:10-30; Hebrews 4:14,15; 1 Corinthians 15:3,4; Romans 1:3,4; Acts 1:9-11; 1 Timothy 6:14,15; Titus 2:13)
The Holy Spirit is equal with the Father and the Son as God. He is present in the world to make men aware of their need for Jesus Christ. He also lives in every Christian from the moment of salvation. He provides the Christian with power for living, understanding of spiritual truth, and guidance in doing what is right. The Christian seeks to live under His control daily.
(2 Corinthians 3:17; John 16:7-13, 14:16,17; Acts 1:8; 1 Corinthians 2:12, 3:16; Ephesians 1:13; Galatians 5:25; Ephesians 5:1)
Man is made in the spiritual image of God, to be like Him in character. He is the supreme object of God's creation. Although man has tremendous potential for good, he is marred by sin. In Adam, all mankind fell into sin with the result that all men are sinners. Men are justly condemned to eternal judgment and can do nothing to merit salvation.
(Genesis 1:27; 9:6; Psalm 8:3-6; Isaiah 53:6a; Romans 2:2,3,5; 3:23; 5:12; Isaiah 59:1,2; Ephesians 2:1, 8-9)
Salvation is a gift from God to man. Man can never make up for his sin by self-improvement or good works. Only by trusting in Jesus Christ as God's offer of forgiveness can man be saved from sin's penalty. Eternal life begins the moment one receives Jesus Christ into his life by faith.
(Romans 6:23; Ephesians 2:8,9; John 14:6, 1:12; Titus 3:5; Galatians 3:26; Romans 5:1)
The Bible is God's word to all men. It was written by human authors, under the supernatural guidance of the Holy Spirit. It is the supreme source of truth for Christian belief and living. Because it is inspired by God, it is truth without any mixture of error.
(2 Timothy 3:16; 2 Peter 1:20,21; 2 Timothy 1:13; Psalm 119:105,160, 12:6; Proverbs 30:5)
Man was created to exist forever. He will either exist eternally separated from God by sin, or in union with God through forgiveness and salvation. To be eternally separated from God is Hell. To be eternally in union with Him is eternal life. Heaven and Hell are places of eternal existence.
(John 3:16; John 2:25; John 5:11-13; Romans 6:23; Revelation 20:15; 1 John 5:11-12; Matthew 25:31-46)
The Church is composed of all believers. It is the body and bride of Christ, formed by the baptism of the Holy Spirit and existing in two aspects, universal and local. The universal Church is an elect company of believers, baptized by the Holy Spirit into one body. Its mission is to witness of its head, Jesus Christ, preaching the gospel among all nations. The local Church is a group of believers voluntarily joined together in love (fellowship) to worship God with praise and thanksgiving, and to glorify Jesus Christ through an involved effort to disciple others by the preaching of the gospel, and the exercise of spiritual gifts.
(Ephesians 1:22,23; 5:24-30; I Corinthians 12:4-13,27)
Angels were originally created holy, but now because of Satan's rebellion, there is also an unholy angelic kingdom, referred to as demons.
(Colossians 1:16; Job 38:6,7; Psalm 148:2-5; Jude 6; Matthew 25:41; Ephesians 6:11,12; I Timothy 5:21; Revelation 12:9)
The Bible sets forth two ordinances, the Lord's Supper and water baptism. The Lord's Supper is to be celebrated regularly in remembrance of Christ's death on the cross, and in expectation of His return. Water baptism is an outward testimony of a person's belief in Christ. Immersion is the ideal means set forth in Scripture.
(Matthew 28:19,20; Mark 16:15,16; Acts 8:12,36-38; 9:18; 10:47; I Corinthians 11:23-26)
Donor confidence score
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Financial efficiency ratings
Sector: Evangelism Support
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 238 of 1115 | 12 of 35 | |
Fund acquisition rating | 432 of 1116 | 14 of 35 | |
Resource allocation rating | 298 of 1116 | 11 of 35 | |
Asset utilization rating | 405 of 1115 | 15 of 35 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 5% | 5% | 5% | 5% | 5% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 5% | 5% | 5% | 5% | 5% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 99% | 100% | 100% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 5% | 5% | 5% | 6% | 5% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 1% | 0% | 0% | 0% | 0% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 88% | 91% | 90% | 90% | 90% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 97% | 98% | 91% | 80% | 96% |
Program output ratio Program output ratio = Program services / Total revenue | 81% | 85% | 90% | 82% | 73% | 87% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 3% | 2% | 9% | 20% | 4% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | 7% | 3% | 17% | 44% | 20% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 6% | 4% | 4% | 4% | 4% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.23 | 1.42 | 1.95 | 1.76 | 1.81 | 5.00 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.33 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.70 | 1.42 | 1.95 | 1.76 | 1.81 | 5.00 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 35.34 | 3.40 | 0.00 | 0.00 | 0.00 | 0.00 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.03 | 0.29 | 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 | 5.94 | 6.15 | 6.82 | 6.61 | 2.40 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 29% | 0% | 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 | 78% | 50% | 51% | 57% | 55% | 20% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $5,445,386 | $3,555,807 | $3,440,776 | $2,870,880 | $1,057,012 |
Receivables, inventories, prepaids | $5,852 | $0 | $5,114 | $3,551 | $3,144 |
Short-term investments | $0 | $0 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $5,451,238 | $3,555,807 | $3,445,890 | $2,874,431 | $1,060,156 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $0 | $0 | $0 | $0 | $0 |
Other long-term assets | $0 | $0 | $0 | $0 | $0 |
Total long-term assets | $0 | $0 | $0 | $0 | $0 |
Total assets | $5,451,238 | $3,555,807 | $3,445,890 | $2,874,431 | $1,060,156 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $0 | $0 | $0 | $0 | $0 |
Other current liabilities | $1,603,828 | $0 | $0 | $0 | $0 |
Total current liabilities | $1,603,828 | $0 | $0 | $0 | $0 |
Debt | $0 | $0 | $0 | $0 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
Total long-term liabilities | $0 | $0 | $0 | $0 | $0 |
Total liabilities | $1,603,828 | $0 | $0 | $0 | $0 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $3,847,410 | $3,555,807 | $3,445,890 | $2,874,431 | $1,060,156 |
With donor restrictions | $0 | $0 | $0 | $0 | $0 |
Net assets | $3,847,410 | $3,555,807 | $3,445,890 | $2,874,431 | $1,060,156 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $7,954,666 | $7,031,388 | $6,625,553 | $6,478,042 | $5,512,758 |
Program service revenue | $0 | $0 | $0 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $92,277 | $14,735 | $9,134 | $6,566 | $0 |
Other revenue | $0 | $0 | $0 | $0 | $0 |
Total other revenue | $92,277 | $14,735 | $9,134 | $6,566 | $0 |
Total revenue | $8,046,943 | $7,046,123 | $6,634,687 | $6,484,608 | $5,512,758 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $6,849,904 | $6,330,321 | $5,468,804 | $4,701,879 | $4,783,150 |
Management and general | $501,175 | $271,555 | $263,276 | $215,570 | $232,654 |
Fundraising | $415,965 | $334,330 | $331,148 | $297,886 | $286,030 |
Total expenses | $7,767,044 | $6,936,206 | $6,063,228 | $5,215,335 | $5,301,834 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | $279,899 | $109,917 | $571,459 | $1,269,273 | $210,924 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $279,899 | $109,917 | $571,459 | $1,269,273 | $210,924 |
Compensation
Name | Title | Compensation |
Paul Madson | President | $300,857 |
Joel Madson | Executive Vice President | $132,516 |
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 5/3/2023. To update the information below, please email: [email protected]
History
In 2004, Paul and Lisa Madson began the ministry of Global Training Network (GTN). After 25 years serving in the pastorate (first as an associate pastor and then extensively as a church planter and senior pastor), Paul experienced an increasing desire to help meet the growing global need for pastoral and leadership training throughout the Majority World. His awareness of this need began in the late 1990's via several international trips to do pastoral training.
After much prayer and consultation with fellow pastors, mission leaders, and close friends, Paul and Lisa decided to transition out of the pastorate and into fulltime missions work. In June of 2004, they formed Global Training Network, an organization devoted to training, equipping and encouraging pastors, church planters and Christian leaders around the world.
Since 2004, the ministry has grown from a staff of two to over 150. The majority of GTN's staff have served in full-time pastoral ministry for 25 years or more.
While the work of GTN initially began in north India, it has now expanded to 78 nations throughout the Majority World.