Galcom International USA Inc
Make waves
Galcom International USA Inc
EIN: 23-7248591
as of September 2023
as of September 18, 2023
Mission
TO PROMOTE THE NEW TESTAMENT MESSAGE OF JESUS CHRIST IN THE TAMPA BAY AREA AND AROUND THE WORLD BY ANY MEANS AVAILABLE, INCLUDING CHRISTIAN RADIO AND OTHER TOOLS THAT CURRENT TECHNOLOGY MAKES AVAILABLE. WE WILL ASSIST OTHER CHRISTIAN MINISTRIES BY FUNDING THE PURCHASE OF AUDIO BIBLES AND RADIOS TUNED ONLY TO CHRISTIAN RADIO STATIONS IN MISSION AREAS TO BE DONATED TO POTENTIAL LISTENERS.
Ruling year
1973
Executive Director
Tom Blackstone
Main address
PO Box 270956
Tampa, FL 33688 USA
EIN
23-7248591
Radio
Christianity
Population served
People of Middle Eastern descent
People of Asian descent
People of African descent
People of European descent
People of Latin American descent
NTEE code
Christian (X20)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Programs and results
What we aim to solve
Galcom funds and distributes durable audio technology (radios, audio Bibles, radio Bibles, portable radio stations etc.) to mission partners world-wide to advance the gospel of Jesus Christ.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Reaching oral learners
Galcom funds and distributes durable audio technology world-wide to reach oral learners with the Gospel of Jesus Christ.
Where we work
External reviews
Videos
Our results
How does this organization measure their results? It's a hard question but an important one.
Number of new grants received
This metric is no longer tracked.Totals By Year
Type of Metric
Outcome - describing the effects on people or issues
Direction of Success
Holding steady
Context Notes
In 2022, Galcom was for the first time awarded a $25,000 grant from the Elmer Schmidt Foundation for the purposes of advancing Christian radio in Belize in partnership with My Refuge Christian Radio.
Number of external speaking requests for members of the organization
This metric is no longer tracked.Totals By Year
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Our Executive Director regularly speaks at gatherings of the mission-minded community i.e local and national conferences and churches.
Number of organizations accessing technical assistance offerings
This metric is no longer tracked.Totals By Year
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Galcom International USA, Inc. provides volunteer-based technical assistance to Christian radio operators world-wide via in person and Zoom consulting.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
See above.
What are the organization's key strategies for making this happen?
*Identify strategic mission partners
*Form strategic mission partnerships
*Consistently educate and inform potential partners regarding our mission, vision and resources utilizing whatever tools are available (social media, written communications, in person gatherings, missions conferences, speaking engagements)
What are the organization's capabilities for doing this?
Because Galcom International USA, Inc. consistently maintains a low overhead ratio, we maintain our ability to seize opportunities as they arise as ongoing networking efforts reveal them.
What have they accomplished so far and what's next?
In 2022, more than 66,000 audio devices were funded and mobilized world-wide and new partnerships were initiated to maximize opportunities to utilize audio technology to reach oral learners.
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2022 info
249.05
Months of cash in 2022 info
8.2
Fringe rate in 2022 info
7%
Funding sources info
Assets & liabilities info
Financial data
Galcom International USA Inc
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of Galcom International USA Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
| Profitability info | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Unrestricted surplus (deficit) before depreciation | $39,630 | $55,017 | $30,386 | -$6,630 | $50,660 |
| As % of expenses | 5.4% | 8.2% | 4.5% | -0.9% | 4.6% |
| Unrestricted surplus (deficit) after depreciation | $38,125 | $53,999 | $29,573 | -$7,147 | $50,498 |
| As % of expenses | 5.2% | 8.0% | 4.4% | -1.0% | 4.6% |
| Revenue composition info | |||||
|---|---|---|---|---|---|
| Total revenue (unrestricted & restricted) | $707,563 | $714,507 | $706,117 | $836,321 | $1,186,091 |
| Total revenue, % change over prior year | -7.3% | 1.0% | -1.2% | 18.4% | 41.8% |
| Program services revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Investment income | 0.0% | 0.0% | 0.0% | 0.0% | 0.4% |
| Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| All other grants and contributions | 100.0% | 100.0% | 100.0% | 100.0% | 99.6% |
| Other revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Expense composition info | |||||
|---|---|---|---|---|---|
| Total expenses before depreciation | $733,988 | $671,405 | $674,330 | $744,684 | $1,091,971 |
| Total expenses, % change over prior year | 6.4% | -8.5% | 0.4% | 10.4% | 46.6% |
| Personnel | 14.4% | 16.0% | 17.1% | 15.9% | 11.6% |
| Professional fees | 0.7% | 0.8% | 0.8% | 0.8% | 0.5% |
| Occupancy | 1.9% | 2.7% | 2.7% | 2.3% | 0.9% |
| Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Pass-through | 11.3% | 5.9% | 1.3% | 7.2% | 6.0% |
| All other expenses | 71.8% | 74.7% | 78.1% | 73.9% | 80.9% |
| Full cost components (estimated) info | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Total expenses (after depreciation) | $735,493 | $672,423 | $675,143 | $745,201 | $1,092,133 |
| One month of savings | $61,166 | $55,950 | $56,194 | $62,057 | $90,998 |
| Debt principal payment | $0 | $0 | $0 | $0 | $0 |
| Fixed asset additions | $0 | $0 | $0 | $0 | $0 |
| Total full costs (estimated) | $796,659 | $728,373 | $731,337 | $807,258 | $1,183,131 |
Capital structure indicators
| Liquidity info | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Months of cash | 8.0 | 9.5 | 10.0 | 10.5 | 8.2 |
| Months of cash and investments | 8.0 | 9.5 | 10.0 | 10.5 | 8.2 |
| Months of estimated liquid unrestricted net assets | 6.7 | 8.3 | 8.8 | 7.8 | 5.9 |
| Balance sheet composition info | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Cash | $486,579 | $529,730 | $560,991 | $652,775 | $749,379 |
| Investments | $0 | $0 | $0 | $0 | $0 |
| Receivables | $0 | $0 | $0 | $0 | $0 |
| Gross land, buildings, equipment (LBE) | $12,414 | $12,414 | $12,414 | $12,414 | $9,540 |
| Accumulated depreciation (as a % of LBE) | 79.5% | 87.7% | 94.3% | 98.4% | 99.7% |
| Liabilities (as a % of assets) | 0.3% | 0.3% | 0.2% | 0.2% | 0.4% |
| Unrestricted net assets | $410,315 | $464,314 | $493,887 | $486,740 | $537,238 |
| Temporarily restricted net assets | $77,951 | N/A | N/A | N/A | N/A |
| Permanently restricted net assets | $0 | N/A | N/A | N/A | N/A |
| Total restricted net assets | $77,951 | $66,036 | $67,437 | $165,704 | $209,164 |
| Total net assets | $488,266 | $530,350 | $561,324 | $652,444 | $746,402 |
Key data checks
| Key data checks info | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Executive Director
Tom Blackstone
Number of employees
Source: IRS Form 990
Galcom International USA Inc
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Galcom International USA Inc
Board of directorsas of 09/08/2023
Board of directors data
Gary Nelson
Gary Nelson
Allan McGuirl
Susan Nelson
Patty Walker
Bob Nelson
Mark Nelson
Lura Mineau
Chuck Pollak
Fritz Ruhe
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
No data
Gender identity
No data
No data
Sexual orientation
No data
Disability
No data
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- Contractor and/or Paid Preparer data for 2022, 2021, 2020
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