Global Aid Network
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔
FINANCIAL TRANSPARENCY
Most recent Audited financial statements available on the charity’s website.
C
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Fair
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
90%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 90 cents are available for programs.
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OVERVIEW
About Global Aid Network:
Global Aid Network is a 3-star charity. It has Fair demonstrated impact and has a below average results reporting grade of C.
Global Aid Network (GAiN) is a Christian humanitarian relief and development charity. It helps those living in poverty and crisis around the world. GAiN’s mission is to "reveal hope by sharing God's unconditional love and restore life by demonstrating the gospel through compassionate action to those who are living in poverty, injustice and crisis around the world".
GAiN is part of a larger global network of Global Aid Network charities. The network has offices in 11 countries. The Canadian branch of GAiN is currently working in 14 countries. In F2022, most of GAiN’s international program spending went to Benin ($1.2m), Tanzania ($913k), and Togo ($368k).
Global Aid Network has four main programs: Water for Life Initiative, Disaster Relief and Preparedness, Economic Empowerment, and Local Church Partnerships. It does not disclose how much money it spent on each program.
GAiN works with local partners to run the Water for Life Initiative. This program helps give clean water to people in developing countries who do not have access. In F2022, GAiN drilled 324 deep water-capped wells. It provided 324,000 people with access to safe water. It also trained 21,132 people in hygiene practices.
GAiN helps people in need through its Disaster Relief and Preparedness Program. In F2022, it responded to 1 disaster. It gave relief to 2.2 million displaced people in Ukraine. During F2022, it sent 2,844 tons of relief goods to people in Ukraine.
The charity runs an Economic Empowerment program. This program helps women through loans, vocational training, and other entrepreneurship training. In Paraguay, GAiN's funded partner provided 6,015 microloans. It also provided vocational training to 5,297 people and trained 3,150 women in financial literacy.
Global Aid Network has Local Church Partnerships. It partners with local churches to form new churches and share God’s message. These churches also help deliver its development programs. In F2022, it planted 78 new churches and built 11 church structures. It helped 26,311 people understand God's love for the first time and taught 6,818 the basics of their faith.
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Results and Impact
Since the start of its program, GAiN helped 163,281 people decide to follow Jesus through its Local Church Partnerships.
While Ci highlights this key result, this may not be a complete representation of Global Aid Network’s results and impact.
Charity Intelligence has rated Global Aid Network as Fair in demonstrated impact per dollar spent.
Impact Rating: Fair
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Finances
Global Aid Network received $5.5m in donations in F2022. It also received $540k in donated goods-in-kind.
Administrative costs are 8% of revenues and fundraising costs are 2% of donations. This means it has total overhead costs of 10%. For each dollar donated, 90 cents go to the cause. This is within Charity Intelligence’s reasonable range for overhead spending.
Global Aid Network spent $4.8m on international programs in F2022. It also granted a total of $174k to three Canadian organizations. These are Power to Change Ministries (a related party), Gateway community Christian Reformed Church, and The Samaritan’s Purse Canada.
GAiN had a program cost coverage ratio of 50% in F2022. This means that with its $2.5m in funding reserves, it can fund programs and grants at current levels for six months. GAiN’s program cost coverage ratio is within Ci’s acceptable limits.
Global Aid Network shares a common administration with Power to Change Ministries. As such, GAiN has no staff and reports $0 in compensation.
This profile is an update that has been sent to Global Aid Network for review. Changes and edits may be forthcoming.
Updated on August 1, 2023 by Emily Downing.
Financial Review
Fiscal year ending June
|
2022 | 2021 | 2020 |
---|---|---|---|
Administrative costs as % of revenues | 8.1% | 9.5% | 9.9% |
Fundraising costs as % of donations | 1.8% | 0.9% | 5.1% |
Total overhead spending | 9.9% | 10.5% | 15.0% |
Program cost coverage (%) | 50.4% | 36.4% | 37.3% |
Summary Financial StatementsAll figures in $000s |
2022 | 2021 | 2020 |
---|---|---|---|
Donations | 5,540 | 4,837 | 3,395 |
Goods in kind | 540 | 127 | 118 |
Government funding | 0 | 182 | 0 |
Other income | 641 | 267 | 491 |
Total revenues | 6,721 | 5,413 | 4,004 |
Program costs - International | 4,826 | 4,858 | 4,351 |
Grants | 174 | 59 | 17 |
Administrative costs | 545 | 517 | 395 |
Fundraising costs | 99 | 45 | 175 |
Total spending | 5,643 | 5,479 | 4,937 |
Cash flow from operations | 1,078 | (66) | (933) |
Capital spending | 6 | 1 | 3 |
Funding reserves | 2,521 | 1,788 | 1,628 |
Note: Ci adjusted Canadian donations by amounts received from Power to Change Ministries, allocating this amount to other revenue. This affected Canadian donations by ($597k) in F2022, ($221k) in F2021, and ($424k) in F2020. Ci removed gifts to qualified donees from international program costs and reported these amounts as grants. This affected international program costs by ($174k) in F2022, ($59k) in F2021, and ($17k) in F2020. Ci included fundraising and administrative costs reported below the line on the audited financial statements as part of total expenses. Ci reported amortization as a non-cash expense and removed it from international program costs, administrative costs, and fundraising costs on a pro-rata basis.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2022
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Comments & Contact
Comments added by the Charity:
Charity Contact
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