Global Nomads USA

Tax-deductible

Lynchburg, VA501(c)(3)Since 2022ReligionEIN 88-3007768Revenue $563K in FY2025

On file with the IRS892 Dearing St, 24503-3908 · Lynchburg, VATax-exempt since Jul 2022Publicly supported — 509(a)(2)

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To identify, train, and equip entrepreneurial leaders who will be encouraged to start new churches, new ministries, and new businesses designed to grow the evangelical church.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $35K a year · 9% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $44K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$5K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$563K
+98% vs prior year
Spent
$495K
To programs
95%
Net assets
$110K
By yearFY2023–FY2025
Revenue
$563K
FY2025▲ +98%
Tap a bar for its year
Revenue by fiscal year
FY2023$252K
FY2024$284K
FY2025$563K
Expenses
$495K
FY2025▲ +83%
Tap a bar for its year
Expenses by fiscal year
FY2023$230K
FY2024$270K
FY2025$495K
Net assets
$110K
FY2025▲ +165%
Tap a bar for its year
Net assets by fiscal year
FY2023$28K
FY2024$42K
FY2025$110K

From the FY2025 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2022.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $470K Management & general 4% · $19K Fundraising 1% · $6K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Warren Stewart’s $60K as President is at the 61st percentile of top reported officer pay among 2133 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Trains leaders to start churches, ministries, and businesses that grow the evangelical church.

Questions for Global Nomads USA

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Provided by the organization

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1 program · $495K · in their own filed words · FY2025
01

To identify, train, and equip entrepreneurial leaders who will be encouraged to start new churches, new ministries, and new businesses designed to grow the global evangelical church.

$495Kprogram expense

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 · FY2024
Total grants receivedfrom 2 funders$44K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$563K
Ln 12
Gifts and grantsLn 1h$563K
Money outPt IX
$495K
Ln 25
Programscol B$470K
Managementcol C$19K
Fundraisingcol D$6K
Owns and owesPt X
$110K
net assets · Ln 32
Cash and savingsLn 1–2$73K
Total assetsLn 16$115K
LiabilitiesLn 26$5K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$563K
Total revenueLn 12$563K
Assets in detailPt X, end of year
CashLn 1$73K
Cash and savings togetherLn 1–2$73K
Land, buildings, equipmentLn 10c$6K
Other assetsLn 15$35K
Total assetsLn 16$115K
LiabilitiesLn 26$5K
Net assetsLn 32$110K
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$36K$73K
Land, buildings, equipmentLn 10c$9K$6K
Total assetsLn 16$46K$115K
LiabilitiesLn 26$5K$5K
Net assetsLn 32$42K$110K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$98K$83K$10K$5K
Payroll taxesLn 10$15K$12K$1K$732
Office expensesLn 13$6K$6K
TravelLn 17$39K$39K
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$6K$6K$641
Other expenses (24a–d)Ln 24$323K$323K
All other expensesLn 24e$4K$3K$693$196
Total functional expensesLn 25$495K$470K$19K$6K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $563K$495K$69K$110K 990 PDF
FY2024 $284K$270K$14K$42K 990 PDF
FY2023 $252K$230K$22K$28K 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
See the full FY2025 990 (6 parts)
Part I · Summary $563,284 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $283,847$563,284
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $283,847$563,284
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $79,793$112,793
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $190,499$381,837
I-18 Total expensesPrior year $270,292$494,630
I-19 Revenue less expensesPrior year $13,555$68,654
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $563,284 across 3 lines filed
VIII-1f All other contributions, gifts and grants$563,284
VIII-1h Total contributions, gifts and grants$563,284
VIII-12 Total revenue$563,284
Part IX · Statement of functional expenses $494,630 across 8 lines filed
IX-7 Other salaries and wagesPrograms $83,430 · Management $9,815 · Fundraising $4,908$98,153
IX-10 Payroll taxesPrograms $12,444 · Management $1,464 · Fundraising $732$14,640
IX-13 Office expensesManagement $6,241$6,241
IX-17 TravelPrograms $39,336$39,336
IX-22 Depreciation, depletion and amortizationPrograms $2,256$2,256
IX-23 InsurancePrograms $5,765 · Management $641$6,406
IX-24 Other expenses (24a–d)Programs $323,371$323,371
IX-24e All other expensesPrograms $3,338 · Management $693 · Fundraising $196$4,227
IX-25 Total functional expensesPrograms $469,940 · Management $18,854 · Fundraising $5,836$494,630
Part X · Balance sheet $114,862 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $35,940$73,289
X-10c Land, buildings and equipment, netStart of year $8,602$6,346
X-15 Other assetsStart of year $1,665$35,227
X-16 Total assetsStart of year $46,406$114,862
X-25 Other liabilitiesStart of year $4,705$4,507
X-26 Total liabilitiesStart of year $4,705$4,507
X-27 Net assets without donor restrictionsStart of year $41,701$110,355
X-32 Total net assets or fund balancesStart of year $41,701$110,355
X-33 Total liabilities and net assetsStart of year $46,406$114,862
Part XI · Reconciliation of net assets $110,355 net assets at year end
XI-1 Total revenue$563,284
XI-2 Total expenses$494,630
XI-3 Revenue less expenses$68,654
XI-4 Net assets at start of year$41,701
XI-10 Net assets at end of year$110,355

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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