2013-08-14T13:40:05-07:00 2012-12-31 990 2012-01-01 582390166 GOSPELINK INC GOSP 4344857007 PO Box 4299 Lynchburg VA 245020299 Charles Pace 4344857007 2013-08-14 2012 2016-02-24 21:20:13Z Lewis Nelms 6000 Boonsboro Road Suite F Lynchburg VA 24503 3616745 0 X gospelink.org X 1998 GA Funding and assisting national missionaries worldwide, providing short-term mission trips to work with the nationals, helping with their spiritual training and physical needs. 6 5 14 25 0 0 3245682 3609326 0 0 1678 1611 0 5808 3247360 3616745 1790564 1868606 0 0 353939 352181 0 0 140058 1024897 1169956 3169400 3390743 77960 226002 948295 1175477 221 1080 948074 1174397 Funding and assisting national missionaries worldwide, providing short-term mission trips to work with the nationals, helping with their spiritual training and physical needs. 0 0 2305581 0 0 Gospelink functions as an intermediary to locate and assist national missionaries primarily through financial sponsorships. At 12/31/12 there were over 1250 preachers being sponsored in 13 countries throughout the world. 403220 0 0 Gospelink provides short term mission trips for individuals to work with the national missionaries and assist with various ministry opportunities. Over 150 individuals participated with the trips in 2012. 220791 0 0 Gospelink assists the national missionaries through various training programs. One such program is a Bible college in Zambia which helps train the nationals. The Bible college trained over 50 students in 2012. 12 students graduated with their bachelors degree. 96353 0 0 Gospelink endeavors to help the national missionaries with many spiritual and physical needs. One way to provide for some of these practical needs is to help them raise their own crops. Gospelink has developed a project in Malawi focused specifically upon meeting the practical needs of the national missionaries and the orphans and widows in their areas. 96353 0 0 3025945 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 14 1 0 0 0 0 0 0 X 6 5 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 AK AZ CO FL GA MN MS ND NH PA SC TN UT VA WA WV X Lewis Nelms 4344857007 PO Box 4299 Lynchburg VA 245020299 Lewis Nelms 40 0 X X 50523 0 42000 Al Haywood 2 0 X 0 0 0 John Beiler 2 0 X 0 0 0 John Colyer 2 0 X 0 0 0 Cliff Morris 2 0 X 0 0 0 David Nelms 2 0 X 0 0 0 Charles Pace 40 0 X 37823 0 18000 88346 0 60000 0 0 0 0 0 0 0 0 0 0 3609326 0 3609326 0 1611 0 0 1611 0 0 0 0 0 0 0 0 0 0 0 0 0 Proceeds from promotional items 813110 5808 5808 0 0 0 0 0 0 5808 3616745 5808 0 1611 1868606 1868606 148346 65800 65877 16669 191008 103124 80905 6979 12827 6385 5548 894 67242 35918 7196 24128 22146 11073 6643 4430 4538 2269 1361 908 5443 2721 1633 1089 Representative Commission 334792 200875 50219 83698 Mission Trip Int'l Travel 292222 292222 0 0 Int'l Bible College 189045 189045 0 0 Mission Trip Costs 110998 110998 0 0 143530 136909 5358 1263 3390743 3025945 224740 140058 X 13965 6983 698 6284 221524 257385 702423 896353 540 61592 40393 24348 21199 948295 1175477 1080 221 0 221 1080 X 215024 182032 733050 992365 0 0 948074 1174397 948295 1175477 X 226002 0 0 0 0 321 X X 0 1 X 0 0 X 3064765 2946844 2978908 3245682 3609326 15845525 0 0 0 0 0 0 0 0 0 0 0 0 3064765 2946844 2978908 3245682 3609326 15845525 0 15845525 12591 4539 3732 1678 1611 24151 0 0 0 0 0 0 0 0 0 0 5808 5808 15875484 0 0.99811 0.9967 X Part II, Line 1(e). Other: $3,442,034; David and Lillian Lay: $83,875; Grace Fellowship: $83,417; Total: $3,609,326. Part II, Line 8(e). Tax exempt interest on cash deposits: $1,611. Part II, Line 10. Proceeds from promotional items: $5,808. One time, limited supply items promoting Gospelink or its various specific projects were produced and offered for purchase. No charitable contribution credit was given for these transactions. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 17315 1671 15644 0 44277 38722 5555 0 0 0 0 21199 3616745 0 0 0 0 0 3616745 0 0 0 3616745 3390743 0 0 0 0 0 3390743 0 0 0 3390743 Missionary assistance Sub-Saharan Africa 1030 1527968 wire transfer 0 Missionary assistance Russia and the newly independent States 112 155168 wire transfer 0 Missionary assistance South Asia 52 64520 wire transfer 0 Missionary assistance East Asia and the Pacific 97 120950 wire transfer 0 0 0 0 0 0 0 F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Lewis Nelms, President, and David Nelms, Director are brothers. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Form 990 is submitted to the board treasurer for his review. He raises applicable questions and observations with the organization's officers about the Form 990. He discusses the pertinent financial information with the organization's board. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The board of directors reviews and approves the compensation amounts on an annual basis. The information is recorded in the board minutes. The compensation amounts are based on the CEO's and officers' experience, education, and capabilities. The amounts are also determined in light of inflationary factors and comparable compensation levels of other similar organizations. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Gospelink, Inc. makes its governing documents, Form 990, and other public financial information available to the public upon written or verbal request. F990_P11_S00_L09 Form 990, Part XI, Line 9 Accumulated depreciation prior to January 1, 2012 was adjusted by a decrease of $321. The result was a change in 2012 beginning net assets from $948,074 to $948,395. F990_P12_S00_L01 Form 990, Part XII, Line 1 2012 financial statements were prepared using the accrual method as recommended by the organization's newly retained independent auditing firm. 2011 financial statements were prepared using the cash basis without the input of an independent auditing firm.