Civic Intelligence

Globalworks Projects Fund

990EZ • Fiscal year 2014 • EIN 20-5170835

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 13, 2015

Organization ProfileN/A
888 17th Street NWWashington, DC 20006

(202) 296-8100

Siviq Scores

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

Liabilities / Assets

59th percentile

0.01x

Higher debt load relative to assets than 59% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

95th percentile

66%

Higher net margin than 95% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

64th percentile

11%

Faster asset growth than 64% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

11th percentile

-43%

Faster revenue growth than 11% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$482,508

Up $48,355 (+11%) from 2013

Net Assets

Up

$479,779

Up $52,825 (+12%) from 2013

Liabilities

Down

$2,729

Down $4,470 (-62%) from 2013

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin95th percentile

Revenue

Down

$80,000

Down $61,000 (-43%) from 2013

Expenses

Down

$27,175

Down $96,863 (-78%) from 2013

Net Income

Up

$52,825

Up $35,863 (+211%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

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

$600K$400K$200K$0Assets 2010: $292,407Liabilities 2010: $2,028Net Assets 2010: $290,3792010Assets 2011: $376,779Liabilities 2011: $3,184Net Assets 2011: $373,5952011Assets 2012: $412,722Liabilities 2012: $2,730Net Assets 2012: $409,9922012Assets 2013: $434,153Liabilities 2013: $7,199Net Assets 2013: $426,9542013Assets 2014: $482,508Liabilities 2014: $2,729Net Assets 2014: $479,7792014Assets 2015: $438,132Liabilities 2015: $2,7292015Assets 2016: $434,971Liabilities 2016: $2,7292016Assets 2017: $392,314Liabilities 2017: $2,7292017Assets 2018: $392,125Liabilities 2018: $5,9292018Assets 2019: $387,032Liabilities 2019: $2,7292019Assets 2020: $387,032Liabilities 2020: $2,7292020Assets 2021: $386,576Liabilities 2021: $2,729Net Assets 2021: $383,8472021Assets 2022: $386,555Liabilities 2022: $4,530Net Assets 2022: $382,0252022Assets 2023: $378,806Liabilities 2023: $629Net Assets 2023: $378,1772023Assets 2024: $375,992Liabilities 2024: $251Net Assets 2024: $375,7412024

Highlighted filing

2014

Assets$482,508
Liabilities$2,729
Net Assets$479,779
Open 2014 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $203,000Expenses 2010: $267,905Net Income 2010: -$64,9052010Revenue 2011: $510,002Expenses 2011: $426,786Net Income 2011: $83,2162011Revenue 2012: $180,025Expenses 2012: $143,628Net Income 2012: $36,3972012Revenue 2013: $141,000Expenses 2013: $124,038Net Income 2013: $16,9622013Revenue 2014: $80,000Expenses 2014: $27,175Net Income 2014: $52,8252014Revenue 2015: $0Expenses 2015: $44,376Net Income 2015: -$44,3762015Revenue 2016: $0Expenses 2016: $3,161Net Income 2016: -$3,1612016Revenue 2017: $0Expenses 2017: $42,658Net Income 2017: -$42,6582017Revenue 2018: $0Expenses 2018: $3,389Net Income 2018: -$3,3892018Revenue 2019: $0Expenses 2019: $1,893Net Income 2019: -$1,8932019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $456Net Income 2021: -$4562021Revenue 2022: $0Expenses 2022: $1,822Net Income 2022: -$1,8222022Revenue 2023: $0Expenses 2023: $3,848Net Income 2023: -$3,8482023Revenue 2024: $0Expenses 2024: $2,436Net Income 2024: -$2,4362024

Highlighted filing

2014

Revenue$80,000
Expenses$27,175
Net Income$52,825
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$80,000
Mission and Program Overview

Mission

To support the charitable activities of the supported entity, globalworks foundation

Program Services

DescriptionGrantsExpenses
SUPPORTS THE WORK OF GLOBALWORKS FOUNDATION AND ITS TASC PROGRAM, WHICH BUILDS INNOVATIVE PARTNERSHIPS AND PROVIDES SIGNIFICANT DEPTH EXPERTISE ON INTERNATIONAL TRADE AND ECONOMIC POLICY IN ORDER TO ALLEVIATE GLOBAL POVERTY-$27,175
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
D HOLLY HAMMONDSDirector-$0--
CLAUDE G B FONTHEIMChairman/DirectorPT$0--
JOSEPH PELZMANDirector-$0--
Filing and Contact Details

Filer

Filer Name
Globalworks Fund Ii
EIN
20-5170835
In Care Of
% WAYNE PALMER
Phone
2022968100
Address
888 17TH STREET NW, WASHINGTON, DC 20006

Signing Officer

Name
Wayne D Palmer
Title
Executive Director
Phone
3013373300
Signed
2015-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Mn Blum LLC
Address
1395 PICCARD DRIVE SUITE 240, ROCKVILLE, MD 20850
Preparer
Maral Nakashian
Phone
3013373300
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 16

“Description:OUTSIDE SERVICES Amount:22260”

Form 990EZ Part I Line 16

“Description:DUES AND SUBSCRIPTIONS Amount:1500”

Form 990EZ Part I Line 16

“Description:LICENSES AND PERMITS Amount:25”

Form 990EZ Part I Line 16

“Description:BANK FEES Amount:33”

Form 990EZ Part I Line 16

“Description:POSTAGE Amount:7”

Form 990EZ Part II Line 24

“Description:DUE FROM GLOBALWORKS FOUNDATN BOY Amount:185040 EOY Amount:201920”

Form 990EZ Part II Line 26

“Description:DUE TO AFFILIATE BOY Amount:2479”

Raw XML Appendix159 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum02022968100
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020006
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0228803
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0280588
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt080000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt052825
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01374
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0434153
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0482508
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt080000
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt0310
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0426954
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0479779
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0426954
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0479779
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0D HOLLY HAMMONDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CLAUDE G B FONTHEIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOSEPH PELZMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIRMAN/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0205040
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0201920
IRS990EZ/OtherExpensesTotalAmt024135
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT THE CHARITABLE ACTIVITIES OF THE SUPPORTED ENTITY, GLOBALWORKS FOUNDATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SUPPORTS THE WORK OF GLOBALWORKS FOUNDATION AND ITS TASC PROGRAM, WHICH BUILDS INNOVATIVE PARTNERSHIPS AND PROVIDES SIGNIFICANT DEPTH EXPERTISE ON INTERNATIONAL TRADE AND ECONOMIC POLICY IN ORDER TO ALLEVIATE GLOBAL POVERTY
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt027175
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt01666
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt07199
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02729
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt027175
IRS990EZ/TotalProgramServiceExpensesAmt027175
IRS990EZ/TotalRevenueAmt080000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0522341571
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt027175
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0GLOBALWORKS FOUNDATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt027175
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description:OUTSIDE SERVICES Amount:22260
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:DUES AND SUBSCRIPTIONS Amount:1500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:LICENSES AND PERMITS Amount:25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:BANK FEES Amount:33
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description:POSTAGE Amount:7
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description:DUE FROM GLOBALWORKS FOUNDATN BOY Amount:185040 EOY Amount:201920
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Description:DUE TO AFFILIATE BOY Amount:2479
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990EZ PART II LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990EZ PART II LINE 26
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WAYNE D PALMER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03013373300
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOBALWORKS FUND II
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0205170835
ReturnHeader/Filer/InCareOfNm0% WAYNE PALMER
ReturnHeader/Filer/PhoneNum02022968100
ReturnHeader/Filer/USAddress/AddressLine1Txt0888 17TH STREET NW
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020006
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MN BLUM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01395 PICCARD DRIVE SUITE 240
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCKVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020850
ReturnHeader/PreparerPersonGrp/PhoneNum03013373300
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Maral Nakashian
ReturnHeader/ReturnTs02015-11-13T09:38:37-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$482,508
Liabilities
$2,729
Net assets
$479,779
Revenue
$80,000
Expenses
$27,175
Net income
$52,825
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.76$0.00$3.76$0.00$0.02$0.02
2023Detailed filing. Detailed filing data is available for this year.$3.79$0.01$3.78$0.00$0.04$0.04
2022Detailed filing. Detailed filing data is available for this year.$3.87$0.05$3.82$0.00$0.02$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.87$0.03$3.84$0.00$0.00$0.00
2020Summary only. Only limited summary data is available for this year.$3.87$0.03$0.00$0.00$0.00
2019Summary only. Only limited summary data is available for this year.$3.87$0.03$0.00$0.02$0.02
2018Summary only. Only limited summary data is available for this year.$3.92$0.06$0.00$0.03$0.03
2017Summary only. Only limited summary data is available for this year.$3.92$0.03$0.00$0.43$0.43
2016Summary only. Only limited summary data is available for this year.$4.35$0.03$0.00$0.03$0.03
2015Summary only. Only limited summary data is available for this year.$4.38$0.03$0.00$0.44$0.44
2014Detailed filing. Detailed filing data is available for this year.$4.83$0.03$4.80$0.80$0.27$0.53
2013Detailed filing. Detailed filing data is available for this year.$4.34$0.07$4.27$1.41$1.24$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.13$0.03$4.10$1.80$1.44$0.36
2011Summary only. Only limited summary data is available for this year.$3.77$0.03$3.74$5.10$4.27$0.83
2010Summary only. Only limited summary data is available for this year.$2.92$0.02$2.90$2.03$2.68$0.65