Totals
- Total revenue
- $67,230
- Total expenses
- $123,196
- Contributions and grants received
- $65,382
- Grants paid
- $1,000
- Program service revenue
- not reported
- Membership dues (line 3)
- not reported
- Investment income (line 4)
- $1
- Gain or loss on sale of assets (line 5c)
- not reported
- Gaming and fundraising events, net (line 6d)
- not reported
- Gross profit on inventory sales (line 7c)
- not reported
- Other revenue (line 8)
- $1,847
- Total assets, end of year
- $41,141
- Total liabilities, end of year
- $8,440
- Net assets or fund balances, end of year
- $32,701
- Program service expenses (Part III)
- $9,820
Program services were 8.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2022
Primary exempt purpose
G42 IS A NETWORK OF CHURCHES, MINISTRIES, AND BUSINESSES WITH THE MISSION TO PLANT CHURCHES AND MINISTRIES AND TO SPREAD THE KINGDOM OF GOD AROUND THE WORLD-TO INSPIRE AND DEVELOP LEADERS WHO ARE PASSIONATE ABOUT THE POOR, ORPHANS, AND LAYING THEIR LIVES DOWN FOR CHRIST.
-
THIS YEAR, ANDREW SHEARMAN CONTINUED HIS MINISTRY PROCLAIMING THE KINGDOM OF GOD TO CHURCHES ACROSS THE WORLD, INCLUDING SPAIN, NEW MEXICO, LOUISIANA, AND WASHINGTON STATE. G42 ALUMNI CONTINUE THEIR TREMENDOUS OUTREACH IN PLACES SUCH AS INDIA AND THAILAND, AND WE ARE GRATEFUL TO HEAR THEIR REPORTS OF LIVES CHANGED, PEOPLE HEALED, AND MANY COMING TO FAITH IN CHRIST. ANDREW CONTINUED TEACHING AT EXCEL COLLEGE IN BLACK MOUNTAIN, NORTH CAROLINA, WHERE HUNDREDS OF STUDENTS HAVE HEARD HIS MESSAGES OF BORN TO BE LOVED AND THE 42ND GENERATION. EXCEL COLLEGE, WHERE MANY ALUMNI ARE ON STAFF, ARE PREPARING TO CARRY ON THIS MESSAGE OF THE 42ND GENERATION TO THEIR LEADERSHIP INSTITUTE AS WELL.
Expenses $9,820 · Grants $1,000
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part IV
-
David HearnDAVID HEARN
SECRETARY
- Total calculated
- $7,625
- Compensation
- $7,625
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 4
-
Andrew ShermanANDREW SHERMAN
PRESIDENT
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 20
-
Michael ZajasMICHAEL ZAJAS
BOARD MEMBER
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 2
Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990_ez
- Tax year
- 2022
- Filed
- 19 August 2024
- IRS schema version
- 2022v5.0
- Source object
- 202442359349200924
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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