Civic Intelligence

Global Evangelical Church Inc

EIN 04-3574626 • 501(c)3 • Billerica, MA

Profile

CHURCH

34 Linnell CirBillerica, MA 01821

globalchurchus.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.74x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

2.74x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

67th percentile

15%

Higher net margin than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

57th percentile

5.9%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-13%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$2,787,547

Up $155,222 (+5.9%) from 2023

Liabilities

Up

$2,067,905

Up $28,242 (+1.4%) from 2023

Net Assets

Up

$719,642

Up $126,980 (+21%) from 2023

Operations
Liabilities / Revenue94th percentileNet Margin67th percentile

Revenue

Down

$754,929

Down $108,498 (-13%) from 2023

Expenses

Down

$644,128

Down $219,121 (-25%) from 2023

Net Income

Up

$110,801

Up $110,623 (+62148%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth57th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2021: $3,002,521Liabilities 2021: $2,237,965Net Assets 2021: $764,5562021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $2,632,325Liabilities 2023: $2,039,663Net Assets 2023: $592,6622023Assets 2024: $2,787,547Liabilities 2024: $2,067,905Net Assets 2024: $719,6422024

Highlighted filing

2024

Assets$2,787,547
Liabilities$2,067,905
Net Assets$719,642
Open 2024 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0Revenue 2021: $566,356Expenses 2021: $350,910Net Income 2021: $215,4462021Revenue 2022: $780,866Expenses 2022: $652,351Net Income 2022: $128,5152022Revenue 2023: $863,427Expenses 2023: $863,249Net Income 2023: $1782023Revenue 2024: $754,929Expenses 2024: $644,128Net Income 2024: $110,8012024

Highlighted filing

2024

Revenue$754,929
Expenses$644,128
Net Income$110,801
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,787,547
Liabilities
$2,067,905
Net assets
$719,642
Revenue
$754,929
Expenses
$644,128
Net income
$110,801
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.79$2.07$0.72$0.75$0.64$0.11
2023Detailed filing. Detailed filing data is available for this year.$2.63$2.04$0.59$0.86$0.86$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.78$0.65$0.13
2021Detailed filing. Detailed filing data is available for this year.$3.00$2.24$0.76$0.57$0.35$0.22
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$754,929
Mission and Program Overview

Mission

CHURCH

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,545,073$2,549,886▲ $4,813
Cash and Non-Interest-Bearing Accounts$85,252$110,801▲ $25,549
Pledges and Grants Receivable-$102,180-
Accounts Receivable-$24,680-
Other Notes and Loans Receivable, Net$2,000--
Total Assets$2,632,325$2,787,547▲ $155,222
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,934,388$1,125,112▼ $809,276
Unsecured Notes Loans Payable-$712,602-
Other Liabilities$71,733$226,872▲ $155,139
Accounts Payable and Accrued Expenses$33,542$3,319▼ $30,223
Total Liabilities$2,039,663$2,067,905▲ $28,242
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$592,662$719,642▲ $126,980
Total Net Assets Fund Balance$592,662$719,642▲ $126,980
Total Liabilities and Net Assets / Fund Balance$2,632,325$2,787,547▲ $155,222

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$-399,193$399,193-
Land$2,949,079--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
William SserebeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$560,002
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$194,927
All Other Contributions
$560,002
Change in Net Assets
$110,801
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$512,266
Salaries, Compensation, and Employee Benefits$131,862
Total Fundraising Expense$104,843
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$8,682$127,939$79,024$215,645
Other Salaries and Wages$75,161$38,240$18,461$131,862
Depreciation Depletion$29,735$81,063$3,540$114,338
Fees for Services Other$46,055$58,727-$104,782
Conferences and Meetings$31,135--$31,135
Other Expenses$7,780$9,725$1,945$19,450
Information Technology$3,591$4,591-$8,182
Fees for Services Legal$3,200$4,000$800$8,000
Fees for Services Accounting$1,520$1,900$380$3,800
Total Functional Expenses$209,633$329,652$104,843$644,128
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Current Portion of Long T$226,872
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

“The tre”

Part VI Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Global Evangelical Church Inc
EIN
04-3574626
In Care Of
% WILLIAM SEREBE
Phone
7817508008
Address
34 Linnell Cir, Billerica, MA 01821

Signing Officer

Name
William Serebe
Title
President
Phone
7817508008
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Sserebe
Legal Domicile
Ma
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Mk Accounting Firm LLC
Address
600 KINGS HIGHWAY-NORTH, STE 1 8109, CHERRY HILL, NJ 08002
Preparer
Michael Kiyaga CPA
Phone
8562781900
Supplemental Narrative

Additional Explanations

Part IX Line 11G

“Office Expenses Total expenses - $24191.00 Program service expenses - $0.00 Mgmt and general expenses - $24191.00 Fundraising expenses - $0.00”

Part IX Line 11G

“Telephone Total expenses - $10411.00 Program service expenses - $4997.00 Mgmt and general expenses - $5414.00 Fundraising expenses - $0.00”

Part IX Line 11G

“Repairs and Maintenance Total expenses - $25061.00 Program service expenses - $0.00 Mgmt and general expenses - $25061.00 Fundraising expenses - $0.00”

Part IX Line 11G

“Supplies Total expenses - $45119.00 Program service expenses - $41058.00 Mgmt and general expenses - $4061.00 Fundraising expenses - $0.00”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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