G42 INC

Gainesville, GAUnknown exempt organizationEIN 26-0734218

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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.

Run by 2 volunteers and 4 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990-EZIndependent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990-EZ
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $46K a year · 13% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Named funders
1
named funder · $16
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7K
-90% vs prior year
By yearFY2019–FY2024
Revenue
$7K
FY2024▼ -90%
Revenue by fiscal year
FY2019$429K
FY2020$579K
FY2021$240K
FY2022$157K
FY2023$67K
FY2024$7K
Expenses
—
FY2024
Expenses by fiscal year
FY2019$360K
FY2020$417K
FY2021$305K
FY2022$140K
FY2023Not on file
FY2024Not on file
Net assets
—
FY2024
Net assets by fiscal year
FY2019$136K
FY2020$299K
FY2021$234K
FY2022$254K
FY2023$33K
FY2024Not on file

From the FY2024 Form 990 (year ending September 2024) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

4 people listed on the 990-EZ.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2023FY2022FY2021FY2020FY2019
Andrew Shearman—$33,036$34,626$23,722$16,200
Gary Black—$25,305$34,350$15,000$6,200
David Hearn$7,625————
David Hearn—$5,500$6,000$6,000—
1680————$6,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Programs and updates

Plants churches and ministries globally, inspiring leaders to serve the poor and orphans.

Provided by the organization

This section is blank until G42 INC claims this page.

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1 program service account for $28K of program spending, described in the organization's own filed words · FY2021.
01

In 2021, Andrew Sherman has taken the message and ministry of the 42nd Generation worldwide, hosting events and teaching around the U.S. and England. Missionairies such as Sarah Hendee in Cambodia contintued their work multile ministries that have birthed out of G42 are still going strong, and leaders are teaching and directing them in…

$28Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$16

By the numbers

The FY2024 990-EZ, line by line.

1The main four
Money in
$7K
Other income$7K
People
4
listed
Paid0
2In more detail
Revenue in detail
Other income$7K
Total revenue$7K
Operations
Employees4
Volunteers2
Fiscal year endsSeptember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $7K 990 PDF
FY2023 $67K$33K 990 PDF
FY2022 $157K$140K$16K$254K 990 PDF
FY2021 $240K$305K−$65K$234K 990 PDF
FY2020 $579K$417K$162K$299K 990 PDF
FY2019 $429K$360K$69K$136K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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