Global Celebration FY2023 filing

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Global Celebration is committed to proclaiming the gospel through missions, evangelism, and leadership training. With a strong passion for the poorest of the poor, we support orphans and at-risk children on 3 continents.

501(c)(3) charity; gifts are tax-deductible.
60¢ of each $1 spent went to programs.
$86K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $13K a year · under 1% of revenue · last 3 filings
Worth a look: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
60%
of spending
Worth a look: 60% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$86K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $9K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$54K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 5 voting members
Looks good: 3 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
$2.1M
-2% vs prior year
Spent
$2.3M
To programs
60%
Net assets
$519K
By yearFY2021–FY2024
Revenue
$2.1M
FY2023▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2021$2.1M
FY2023$2.1M
FY2024$2.1M
Expenses
$2.3M
FY2023▲ +29%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.8M
FY2023$2.3M
FY2024$2.2M
Net assets
$519K
FY2023▲ +32%
Tap a bar for its year
Net assets by fiscal year
FY2021$392K
FY2023$519K
FY2024$406K

From the FY2023 Form 990 (year ending January 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2017-06-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Feb 2018.

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

Where the money goes

60 cents of each dollar spent went to programs.

Program services 60% · $1.4M Management & general 40% · $905K

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; $86K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President/Treasurer/Director
$52,453Pt VII · Sec A
Vice President/Director
$34,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Karen Vangor’s $67K as Director is at the 25th percentile of top reported officer pay among 1636 $1–10M 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.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2021
Karen Vangor$66,613——
Georgian Banov$36,666$52,453$19,106
Winnie Banov$3,000$34,000$20,000

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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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Proclaims the Gospel through missions, evangelism, and training, supporting orphans and children globally.

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Provided by the organization

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1 program · $1.4M · in their own filed words · FY2022
01

Global Celebration is dedicated to spreading the gospel and developing uncompromising followers of Christ, including pastors and leaders, who transform our world through the means of evangelism, revivals, seminars, schools, mission trips, and crusades.

$1.4Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$9K
Grants paid · 12 grants · $495K · 2020–2023
Iris GlobalTN · FY2023$78,000
Inheritance FireTN · FY2023$49,000
Inheritance FireTN · FY2022$89,000
Iris GlobalTN · FY2022$79,000
Inheritance FireTN · FY2020$91,000
Iris GlobalTN · FY2020$65,000
Global Mission AwarenessGA · FY2020$13,950

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.1M
Ln 12
Gifts and grantsLn 1h$1.2M
Fees for servicesLn 2g$668K
Other incomeLn 4–11$183K
Money outPt IX
$2.3M
Ln 25
Programscol B$1.4M
Managementcol C$905K
Owns and owesPt X
$519K
net assets · Ln 32
Cash and savingsLn 1–2$552K
Total assetsLn 16$573K
LiabilitiesLn 26$54K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Fees for servicesLn 2g$668K
Other incomeLn 4–11$183K
Total revenueLn 12$2.1M
Assets in detailPt X, end of year
CashLn 1$552K
Cash and savings togetherLn 1–2$552K
Land, buildings, equipmentLn 10c$4K
Other assetsLn 15$15K
Total assetsLn 16$573K
LiabilitiesLn 26$54K
Net assetsLn 32$519K
OperationsPt I, VI
EmployeesI 52
VolunteersI 63
Fiscal year endsHeaderJanuary
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$194K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$736K$552K
Land, buildings, equipmentLn 10c$5K$4K
Total assetsLn 16$757K$573K
LiabilitiesLn 26$32K$54K
Net assetsLn 32$726K$519K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$269K$269K
Grants and assistance to foreign recipientsLn 3$209K$209K
Pay of current officers, directors and key staffLn 5$82K$0$82K$0
Other salaries and wagesLn 7$151K$500$151K$0
Other employee benefitsLn 9$2K$2K$0$0
Payroll taxesLn 10$51K$0$51K$0
Legal feesLn 11b$576$0$576$0
Accounting feesLn 11c$19K$0$19K$0
Other fees for servicesLn 11g$630K$272K$357K$0
Advertising and promotionLn 12$337K$201K$136K$0
Office expensesLn 13$140K$51K$89K$0
Information technologyLn 14$22K$21K$229$0
OccupancyLn 16$22K$14K$8K$0
TravelLn 17$328K$322K$6K$0
Depreciation, depletion and amortizationLn 22$657$0$657$0
InsuranceLn 23$4K$421$4K$0
Other expenses (24a–d)Ln 24$1K$1K$0$0
Total functional expensesLn 25$2.3M$1.4M$905K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Dec 16, 2024 $2.1M$2.2M−$116K$406K 990 PDF
FY2023 ViewingFiled with the IRS Dec 15, 2023 $2.1M$2.3M−$203K$519K 990 PDF
FY2022 Not on file
FY2021Filed with the IRS Dec 13, 2021 $2.1M$1.8M$358K$392K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $2,065,368 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,311,511$1,214,352
I-9 Program service revenuePrior year $130,555$667,549
I-10 Investment income$0
I-11 Other revenuePrior year $634,359$183,467
I-12 Total revenuePrior year $2,076,425$2,065,368
I-13 Grants and similar amounts paidPrior year $419,523$478,041
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $188,440$286,818
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,134,938$1,503,134
I-18 Total expensesPrior year $1,742,901$2,267,993
I-19 Revenue less expensesPrior year $333,524−$202,625
Part VI · Governance 3 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,065,368 across 4 lines filed
Lines not itemized here account for $183,467 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$1,214,352
VIII-1h Total contributions, gifts and grants$1,214,352
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$667,549
VIII-12 Total revenueRelated to mission $851,016 · Unrelated business $0 · Excluded from tax $0$2,065,368
Part IX · Statement of functional expenses $2,267,993 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $268,693$268,693
IX-3 Grants and assistance to foreign recipientsPrograms $209,348$209,348
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $81,556 · Fundraising $0$81,556
IX-7 Other salaries and wagesPrograms $500 · Management $150,931 · Fundraising $0$151,431
IX-9 Other employee benefitsPrograms $2,364 · Management $0 · Fundraising $0$2,364
IX-10 Payroll taxesPrograms $0 · Management $51,467 · Fundraising $0$51,467
IX-11b Legal feesPrograms $0 · Management $576 · Fundraising $0$576
IX-11c Accounting feesPrograms $0 · Management $19,047 · Fundraising $0$19,047
IX-11g Other fees for servicesPrograms $272,078 · Management $357,437 · Fundraising $0$629,515
IX-12 Advertising and promotionPrograms $200,596 · Management $136,176 · Fundraising $0$336,772
IX-13 Office expensesPrograms $50,789 · Management $89,225 · Fundraising $0$140,014
IX-14 Information technologyPrograms $21,449 · Management $229 · Fundraising $0$21,678
IX-16 OccupancyPrograms $14,243 · Management $7,614 · Fundraising $0$21,857
IX-17 TravelPrograms $321,727 · Management $6,058 · Fundraising $0$327,785
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $657 · Fundraising $0$657
IX-23 InsurancePrograms $421 · Management $3,807 · Fundraising $0$4,228
IX-24 Other expenses (24a–d)Programs $1,005 · Management $0 · Fundraising $0$1,005
IX-25 Total functional expensesPrograms $1,363,213 · Management $904,780 · Fundraising $0$2,267,993
Part X · Balance sheet $572,952 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $735,701$552,025
X-10c Land, buildings and equipment, netStart of year $4,741$4,183
X-14 Intangible assetsStart of year $1,619$1,516
X-15 Other assetsStart of year $15,228$15,228
X-16 Total assetsStart of year $757,289$572,952
X-17 Accounts payable and accrued expensesStart of year $731$23,363
X-26 Total liabilitiesStart of year $31,701$54,333
X-27 Net assets without donor restrictionsStart of year $725,588$518,619
X-32 Total net assets or fund balancesStart of year $725,588$518,619
X-33 Total liabilities and net assetsStart of year $757,289$572,952
Part XI · Reconciliation of net assets $518,619 net assets at year end
XI-1 Total revenue$2,065,368
XI-2 Total expenses$2,267,993
XI-3 Revenue less expenses−$202,625
XI-4 Net assets at start of year$725,588
XI-9 Other changes in net assets−$4,344
XI-10 Net assets at end of year$518,619

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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