Form 990 for tax year 2023

Totals

Total revenue

$2,576,705

Total expenses

$1,836,781

Contributions and grants received

$2,450,447

Grants paid

$1,661,433

Program service revenue

$0

Investment income

$126,258

Other revenue

$0

Total assets, end of year

$8,256,614

Total liabilities, end of year

$0

Net assets or fund balances, end of year

$8,256,614

Program services expenses (Part IX)

$1,799,020

Management and general expenses

$17,833

Fundraising expenses

$19,928

Program service expenses (Part III)

$1,799,020

Program services were 97.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• GNFI SUPPORTS BHARAT SUSAMACHAR SAMITI (BSS) FINANCIALLY. BSS OPERATES THE FOLLOWING MINISTRIES, ALL IN THE NORTHERN PART OF INDIA: 1) NEW THEOLOGICAL COLLEGE (NTC). NTC IS A BIBLE COLLEGE / SEMINARY THAT PROVIDES TRAINING FOR PASTORS, PRIESTS, CHRISTIAN SCHOOL TEACHERS, AND OTHER CHRISTIAN LEADERS. WHEN IT WAS FOUNDED IN 1989, NTC HAD 22 STUDENTS. TODAY IT IS THE LARGEST, FULLY ACCREDITED, EVANGELICAL THEOLOGICAL SEMINARY IN NORTH INDIA WITH NEARLY 300 STUDENTS. SINCE ITS INAUGURATION, NEARLY 3,000 MEN AND WOMEN HAVE BEEN TRAINED BY NTC AND ITS SATELLITE TRAINING CENTERS. FOR MORE INFORMATION SEE SCHEDULE O

  Expenses $1,160,133 · Grants $1,080,333

• TWO OTHER ORGANIZATIONS SUPPORTED FINANCIALLY BY GNFI ARE CHRISTIAN EVANGELISTIC ASSEMBLIES (CEA) AND EVANGELICAL TRUST ASSOCIATION OF NORTH INDIA (ETANI). CEA IS AN ORGANIZATION THAT SUPPORTS PRIESTS AND PASTORS AS THEY AS THEY PROVIDE SPIRITUAL CARE FOR PEOPLE. CEA SERVES PEOPLE IN THESE WAYS: 1) BY PROVIDING OPPORTUNITIES FOR PEOPLE TO LEARN THE ETHICAL AND MORAL TEACHINGS OF THE HOLY BIBLE AND ORGANIZING PLACES OF WORSHIP WHERE THE LORD JESUS CHRIST IS WORSHIPPED. THERE ARE CURRENTLY 612 SUCH PLACES OF WORSHIP UNDER THE CARE OF CEA. FOR MORE INFORMATION SEE SCHEDULE O

  Expenses $609,644 · Grants $554,500

• IN ADDITION TO THE ORGANIZATIONS MENTIONED ABOVE, GNFI ALSO REGULARLY SUPPORTS TWO OTHER ORGANIZATIONS: GOOD NEWS SERVICE SOCIETY - THIS SOCIETY ACCOMPLISHES THE FOLLOWING: 1) PROVIDING QUALITY EDUCATION TO SEVERAL HUNDRED NEEDY CHILDREN THROUGH ONE PRIMARY SCHOOL. 2) CARING FOR SEVERAL DOZEN STREET CHILDREN IN THE CITY OF BHOPAL BY TEACHING THEM HOW TO READ AND WRITE, PROVIDING THEM WITH FOOD, CLOTHING, AND OCCASIONAL MEDICAL CARE. FOR MORE INFORMATION SEE SCHEDULE O

  Expenses $29,243 · Grants $26,600

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, 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. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2023

Filed

29 October 2024

IRS schema version

2023v5.0

Source object

202413039349302411

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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