Engage Global EIN 46-1112682 Form 990 (PDF) Claim this org

Engage Global FY2023 filing

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Equips short-term teams and interns for long-term missions with unreached people globally. For fiscal year 2023 it reported $219K in revenue, $270K in expenses, and $1.3M in net assets.Pt I

Type
Religious organization · Religion
Location
Minneapolis, MN
Website
engageglobal.net
Filings
6 on file (2020–2023)
Revenue
$219KFY2023
Expenses
$270K
Net assets
$1.3M
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  46-1112682 Religious organization Minneapolis, MN
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Equips short-term teams and interns for long-term missions with unreached people globally.
Leadership
Rick Davis · Director
Money in and out
$219K revenue, $270K expenses
Bottom line
87% program efficiency
Where the money goes · FY2023
Total revenue
$219K
Pt VIII · Ln 12
Total expenses
$270K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$51K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.13
Program efficiency
87%
of spending reaches programs
Operating runway
12.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-23%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$219K
FY2023▲ +12%
Expenses
$270K
FY2023▲ +8%
Total assets
$1.3M
FY2023▼ -4%
Total liabilities
$1K
FY2023
Total revenue
$219K
Pt VIII · Ln 12
Total expenses
$270K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$51K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEngage Global
EINHdr · item D46-1112682
Principal addressHdr · item CMinneapolis, MN
WebsiteHdr · item Jengageglobal.net
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X90)
Ruling yearIRS BMFFeb 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer/Sec
$0Pt VII · Sec A
Executive Dir.
$0Pt VII · Sec A
See Engage Global executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $235K of program spending, described in the organization's own filed words · FY2023.
01

Engage global works to provide churches with world christian training to assist in mobilizing their congregation in completing the great commission through education, exposure of unreached people groups to religious compassion, and engagement of participants in living a world christian lifestyle through the five habits of praying…

$235Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$136K · 62%
Contributions & grants$69K · 31%
Other revenue$9K · 4%
Investment income$5K · 2%
Program service revenue62%$136K
Contributions & grants31%$69K
Other revenue4%$9K
Investment income2%$5K
Total revenueLn 12$219K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.13
Program services87%$235K
Management & general13%$34K
Total functional expensesLn 25$270K

Balance Sheet

Part X · end of year
CashLn 1$111K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$1K
Total net assetsLn 32$1.3M
Months of cash on handcomputed5.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $286K · Operating expenses (Pt IX) $270K · Less non-cash grants $2K · Cash operating expenses/yr $268K
12.8 months
Where the money goes
Program services
Program services $235K · Total expenses $270K
87%
Management & General
Management & general $34K · Total expenses $270K
13%
Fundraising
Fundraising $0 · Total expenses $270K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $74K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $69K · Total revenue $219K
31%
Government reliance
Government grants — · Total revenue $219K
Earned-income share
Program service revenue $136K · Total revenue $219K
62%
Investment reliance
Investment income $5K · Total revenue $219K
+2%
Program self-sufficiency
Program service revenue $136K · Total expenses $270K
50%
Growth & trend
Revenue growth (YoY)
This year $219K · Prior year $195K
+12%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $219K · Expenses $270K
-23%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $1.3M · Total assets $1.3M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $175K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.3M
14%
People & payroll
Highest Reported Total Compensation
Individual Rick Davis · Reported title Director · Highest reported compensation $0 · Total expenses $270K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $270K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 13%
Fundraising cost ratio 0%
Revenue growth 12%
Investment management fee ratio 0.09%
Legal fee ratio 0%
Accounting fee ratio 0.9%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Project42FY2023$5K
Total grants receivedfrom 1 funder$5K
Grants paid · 13 grants · $447K · 2020–2025
Global Horizons IncorporatedMN · FY2025$61,400
Pioneers USAFY2025$37,400
Global Horizons IncorporatedMN · FY2024$49,500
Pioneers USAFY2024$28,500
Global Horizons IncorporatedMN · FY2023$64,500
Pioneers USAFY2023$33,500
Global Horizons IncorporatedMN · FY2022$39,900
Pioneers USAFY2022$26,600
Global Horizons IncorporatedMN · FY2021$28,200
Pioneers USAFY2021$18,800
Global Horizons IncorporatedMN · FY2020$28,800
Pioneers USAFY2020$18,800

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$299K revenue · ⤓ 990 PDF
FY2024$295K revenue · ⤓ 990 PDF
FY2023$219K revenue · viewing · ⤓ 990 PDF
FY2022$195K revenue · ⤓ 990 PDF
FY2021$211K revenue · ⤓ 990 PDF
FY2020$224K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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