Civic Intelligence

Global Professional Network Inc

EIN 20-2905483 • 501(c)6 • Iselin, NJ

Profile

BUSINESS NETWORKING

132 W Edward StIselin, NJ 08830
Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE S41 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE S41 • <$500k nonprofits • Source year 2024

Net Margin

31st percentile

-5.7%

Higher net margin than 31% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

NTEE S41 • <$500k nonprofits • Source year 2024

Asset Growth

39th percentile

-4.7%

Faster asset growth than 39% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-41%

Faster revenue growth than 14% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$100,589

Down $4,985 (-4.7%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$100,589

Down $4,985 (-4.7%) from 2023

Operations
Liabilities / Revenue56th percentileNet Margin31st percentile

Revenue

Down

$87,673

Down $59,959 (-41%) from 2023

Expenses

Up

$92,658

Up $16,154 (+21%) from 2023

Net Income

Down

-$4,985

Down $76,113 (-107%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth39th percentile

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

$150K$100K$50K$0Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $34,446Liabilities 2022: $0Net Assets 2022: $34,4462022Assets 2023: $105,574Liabilities 2023: $0Net Assets 2023: $105,5742023Assets 2024: $100,589Liabilities 2024: $0Net Assets 2024: $100,5892024

Highlighted filing

2024

Assets$100,589
Liabilities$0
Net Assets$100,589
Open 2024 Filing

Operations Trend

Revenue Growth14th percentile

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

$300K$200K$100K$0-$100KRevenue 2021: $44,220Expenses 2021: $44,220Net Income 2021: $02021Revenue 2022: $210,353Expenses 2022: $175,907Net Income 2022: $34,4462022Revenue 2023: $147,632Expenses 2023: $76,504Net Income 2023: $71,1282023Revenue 2024: $87,673Expenses 2024: $92,658Net Income 2024: -$4,9852024

Highlighted filing

2024

Revenue$87,673
Expenses$92,658
Net Income-$4,985
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$100,589
Liabilities
$0
Net assets
$100,589
Revenue
$87,673
Expenses
$92,658
Net income
-$4,985
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.88$0.93$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$1.48$0.77$0.71
2022Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$2.10$1.76$0.34
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.44$0.44$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 4, 2025
Return Version
2024v5.0
Gross Receipts
$87,673
Mission and Program Overview

Mission

BUSINESS NETWORKING

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$105,574$100,589▼ $4,985
Total Assets$105,574$100,589▼ $4,985
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$105,574$100,589▼ $4,985
Total Net Assets Fund Balance$105,574$100,589▼ $4,985
Total Liabilities and Net Assets / Fund Balance$105,574$100,589▼ $4,985
Compensation and Service Providers
Top Officer Pay83rd percentile

Board Members and Trustees

NameTitle
Olumide OlufowobiPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$87,673
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-4,985
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$92,658
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$92,355-$92,355
Advertising-$303-$303
Total Functional Expenses$0$92,658$0$92,658
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Awards Dinne----
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“Governing body review all documents”

Form 990 availability to public Part VI line 18

“All records available to the public”

Governing documents etc available to public Part VI line 19

“All records available to the public”

Filing and Contact Details

Filer

Filer Name
Global Professional Network Inc
EIN
20-2905483
In Care Of
% OLUMIDE OLUFOWOBI
Phone
3475289904
Address
132 W EDWARD ST, Iselin, NJ 08830

Signing Officer

Name
Olumide Olufowobi
Title
president
Phone
3475289904
Signed
2025-03-04
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
Nj
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Baker Tax & Accounting Services
Address
622 West St Georges Ave, Linden, NJ 07036
Preparer
Mary Baker
Phone
9084868131
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“CONTRACTORS”

Raw XML Appendix226 raw XML fields

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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IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
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IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0BUSINESS NETWORKING
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0105574
IRS990/NetAssetsOrFundBalancesEOYAmt0100589
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
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IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AWARDS DINNE
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0president
ReturnHeader/BusinessOfficerGrp/PhoneNum03475289904
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-04
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ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0202905483
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ReturnHeader/Filer/PhoneNum03475289904
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ReturnHeader/ReturnTs02025-03-22T17:34:23-04:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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