Civic Intelligence

Global Professional Network Inc

990 • Fiscal year 2023 • EIN 20-2905483

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 02, 2024

132 W Edward StIselin, NJ 08830

(347) 528-9904

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

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

2023 filings • NTEE S41 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

54th percentile

0.00x

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

2023 filings • NTEE S41 • <$500k nonprofits • Source year 2023

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2023 filings • NTEE S41 • <$500k nonprofits • Source year 2023

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

2023 filings • NTEE S41 • <$500k nonprofits • Source year 2023

Asset Growth

97th percentile

206%

Faster asset growth than 97% of similar nonprofits.

2023 filings • NTEE S41 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

13th percentile

-30%

Faster revenue growth than 13% of similar nonprofits.

2023 filings • NTEE S41 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$105,574

Up $71,128 (+206%) from 2022

Net Assets

Up

$105,574

Up $71,128 (+206%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$147,632

Down $62,721 (-30%) from 2022

Expenses

Down

$76,504

Down $99,403 (-57%) from 2022

Net Income

Up

$71,128

Up $36,682 (+106%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2023

Assets$105,574
Liabilities$0
Net Assets$105,574

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2023

Revenue$147,632
Expenses$76,504
Net Income$71,128
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 2, 2024
Return Version
2023v5.0
Gross Receipts
$147,632
Mission and Program Overview

Mission

BUSINESS NETWORKING

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$34,446$105,574▲ $71,128
Total Assets$34,446$105,574▲ $71,128
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$34,446$105,574▲ $71,128
Total Net Assets Fund Balance$34,446$105,574▲ $71,128
Total Liabilities and Net Assets / Fund Balance$34,446$105,574▲ $71,128
Compensation and Service Providers

Board Members and Trustees

NameTitle
Olumide OlufowobiPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$147,632
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$71,128
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$76,504
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-$66,374-$66,374
Advertising-$10,130-$10,130
Total Functional Expenses$0$76,504$0$76,504
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
Address
132 W EDWARD ST, Iselin, NJ 08830

Signing Officer

Name
Olumide Olufowobi
Title
president
Phone
3475289904
Signed
2024-03-02
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 Appendix229 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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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AWARDS DINNE
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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