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Nonprofit · EIN 85-2986133

GLOBAL FACULTY INITIATIVE

Tax-exempt (reinstated) · EVANSTON, IL 60201

Financials

$33K$30K2024$32K$28K2025
Revenue Expenses · by fiscal year end
Financials of GLOBAL FACULTY INITIATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$31,601$28,288$3,313$15,620$0$15,620
December 31, 2024990-EZ$32,997$30,470$2,527$12,307$0$12,307
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$28,601
Other revenue
$3,000

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$3,501
Printing, publications and postage
$913
Other expenses
$23,874

Balance sheet and other

Total assets, start of year
$12,307
Total assets, end of year
$15,620
Total liabilities, end of year
$0
Net assets, end of year
$15,620
Cash, savings and investments
$15,620
Gross receipts
$31,601

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
TERENCE HALLIDAYPRESIDENT & TREASURER5$0
KHIO-KHNG YEOVICE PRESIDENT5$0
RICHARD BELLSECRETARY5$0
990-EZ for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
TERENCE HALLIDAYPRESIDENT & TREASURER5$0
KHIO-KHNG YEOVICE PRESIDENT5$0
RICHARD BELLSECRETARY5$0

Address and contacts

Address (IRS master file)
1 ARBOR LN APT 103, EVANSTON, IL 60201-1918
In care of
% CARE OF DR TERENCE C HALLIDAY
Signed the 990-EZ
TERENCE HALLIDAY, PRESIDENT
Phone
(847) 302-6550
Return prepared by
SUMMIT TAX GROUP LLC

Mission

TO BRING THEOLOGIANS INTO CONVERSATIONS WITH SCHOLARS IN RESEARCH UNIVERSITIES WORLDWIDE.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • THEOLOGIANS AND DISCIPLNARY SCHOLARS IN RESEARCH UNIVERSITIES WORLDWIDE ARE ENGAGED IN WRITTEN FAITH AND SCHOLARSHIP DIALOGUES ON TOPICS SUCH AS JUSTICE, FLOURISHING AND LOVE WHICH ARE PUBLISHED ONLINE AT WWW.FACULTYINITIATIVE.NET

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
85-2986133
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Religion-related (X20)
Assets (IRS master file)
$15,620
Income (IRS master file)
$31,601

Revocation and reinstatement

Exemption revoked
May 15, 2023
Posted by the IRS
August 14, 2023
Reinstated
Effective May 15, 2023

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$31,601$28,288$15,620IRS
990-EZDecember 2024$32,997$30,470$12,307XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-2986133).

Questions about GLOBAL FACULTY INITIATIVE

What is the EIN of GLOBAL FACULTY INITIATIVE?
The employer identification number (EIN) of GLOBAL FACULTY INITIATIVE is 85-2986133.
Is GLOBAL FACULTY INITIATIVE tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective May 15, 2023.
Are donations to GLOBAL FACULTY INITIATIVE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GLOBAL FACULTY INITIATIVE file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of GLOBAL FACULTY INITIATIVE due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GLOBAL FACULTY INITIATIVE last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of GLOBAL FACULTY INITIATIVE?
The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does GLOBAL FACULTY INITIATIVE have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $31,601, expenses of $28,288 and total assets of $15,620 at year end.

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