Civic Intelligence

Globalbike Inc.

990EZ • Fiscal year 2017 • EIN 20-8387372

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

1855 E Main St Suite 14 Rm 202Spartanburg, SC 29307

(864) 680-9464

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

45th percentile

1.1%

Higher net margin than 45% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

31st percentile

-7.9%

Faster asset growth than 31% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

71st percentile

19%

Faster revenue growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$63,188

Down $5,413 (-7.9%) from 2016

Net Assets

Down

$63,188

Down $5,413 (-7.9%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$111,687

Up $17,545 (+19%) from 2016

Expenses

Up

$110,443

Up $24,138 (+28%) from 2016

Net Income

Down

$1,244

Down $6,593 (-84%) from 2016

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $16,106Net Assets 2011: $16,1062011Assets 2013: $30,296Net Assets 2013: $30,2962013Assets 2014: $40,886Net Assets 2014: $40,8862014Assets 2015: $60,764Net Assets 2015: $60,7642015Assets 2016: $68,601Net Assets 2016: $68,6012016Assets 2017: $63,188Net Assets 2017: $63,1882017Assets 2018: $60,521Net Assets 2018: $60,5212018Assets 2019: $33,458Net Assets 2019: $33,4582019Assets 2020: $28,646Net Assets 2020: $28,6462020Assets 2021: $27,211Net Assets 2021: $27,2112021Assets 2022: $53,878Liabilities 2022: $0Net Assets 2022: $53,8782022Assets 2023: $24,677Liabilities 2023: $0Net Assets 2023: $24,6772023Assets 2024: $39,851Liabilities 2024: $0Net Assets 2024: $39,8512024

Highlighted filing

2017

Assets$63,188
Liabilities-
Net Assets$63,188

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $53,048Expenses 2011: $67,354Net Income 2011: -$14,3062011Revenue 2013: $152,500Expenses 2013: $178,304Net Income 2013: -$25,8042013Revenue 2014: $96,334Expenses 2014: $85,745Net Income 2014: $10,5892014Revenue 2015: $152,632Expenses 2015: $132,755Net Income 2015: $19,8772015Revenue 2016: $94,142Expenses 2016: $86,305Net Income 2016: $7,8372016Revenue 2017: $111,687Expenses 2017: $110,443Net Income 2017: $1,2442017Revenue 2018: $113,499Expenses 2018: $110,382Net Income 2018: $3,1172018Revenue 2019: $122,506Expenses 2019: $149,570Net Income 2019: -$27,0642019Revenue 2020: $112,223Expenses 2020: $117,034Net Income 2020: -$4,8112020Revenue 2021: $78,583Expenses 2021: $80,018Net Income 2021: -$1,4352021Revenue 2022: $293,446Expenses 2022: $266,779Net Income 2022: $26,6672022Revenue 2023: $183,171Expenses 2023: $210,372Net Income 2023: -$27,2012023Revenue 2024: $90,671Expenses 2024: $75,497Net Income 2024: $15,1742024

Highlighted filing

2017

Revenue$111,687
Expenses$110,443
Net Income$1,244
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.3
Gross Receipts
$112,813
Mission and Program Overview

Mission

Provide bikes to caregivers

Program Services

DescriptionGrantsExpenses
BIKE PHILANTHROPY - GLOBALBIKE PROVIDES LOCALLY SOURCED BICYCLES TO ORGANIZATIONS IN TANZANIA AND SOUTH AFRICA THAT ARE FOCUSED ON IMPROVING THE LIVES OF WOMAN, GIRLS, AND THE ENVIRONMENT.-$73,847
GLOBALBIKE CONNECT - GLOBALBIKE PROVIDES BICYCLE TRIPS AROUND MOUNT KILIMANJARO TO LOCAL USE AND AMERICAN TRAVELERS. THESE TRIPS ARE PART OF THE CULTURE EXCHANGE, VOLUTOURISM, AND PROVIDE AN OPPORTUNITY FOR BIKE PHILANTHROPY.-$11,071
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CALVIN PENNINGTONBoard ChairPT$0--
CARROLL FOSTERVice ChairPT$0--
JOAN TOBEYTreasurer-$0--
ROB HRUBALABoard Member-$0--
CURT MCPHAILBoard Member-$0--
JEAN CROWBoard Member-$0--
KELLY LOWRYBoard Member-$0--
SHELLY-ANNE TULIA SCOTTBoard Member-$0--
JOSILLIA JOHNSONBoard Member-$0--
CHARLES REFSHAUGEBoard Member-$0--
LAURA BAINBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Globalbike Inc
EIN
20-8387372
Phone
8646809464
Address
1855 E MAIN ST SUITE 14 RM 202, SPARTANBURG, SC 29307

Signing Officer

Name
Calvin Pennington
Title
Board Chair
Phone
8646809464
Signed
2018-05-14

Preparer

Firm
Elliott & Painter Llp
Address
390 EAST HENRY STREET SUITE 203, SPARTANBURG, SC 29302
Preparer
Nicole T Baker CPA
Phone
8645831476
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing 700 office supplies 1,145 website 1,130 travel 11,071 travel 2,006 events 825 meetings 238 liability insurance 1,106 parts 11,173 bike philanthropy 4,715 research 1,460 training 5,501 bank sevice charges 629 bike shop 4,000 tanzanian office expenses 8,424 total 54,123

Form 990-ez, Part I, Line 20

Moved from restricted funds to income -6,658

Form 990-ez, Part II, Line 24

Bike facility 2,000 2,000 total 2,000 2,000

Form 990-ez, Part III, Line 29

Globalbike connect - globalbike provides bicycle trips around mount kilimanjaro to local use and american travelers. These trips are part of the culture exchange, volutourism, and provide an opportunity for bike philanthropy.

Raw XML Appendix187 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/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CALVIN PENNINGTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CARROLL FOSTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOAN TOBEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ROB HRUBALA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CURT MCPHAIL
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JOSILLIA JOHNSON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10LAURA BAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02000
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IRS990EZ/OtherChangesInNetAssetsAmt0-6658
IRS990EZ/OtherExpensesTotalAmt054123
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/PrintingPublicationsPostageAmt01220
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING 700 OFFICE SUPPLIES 1,145 WEBSITE 1,130 TRAVEL 11,071 TRAVEL 2,006 EVENTS 825 MEETINGS 238 LIABILITY INSURANCE 1,106 PARTS 11,173 BIKE PHILANTHROPY 4,715 RESEARCH 1,460 TRAINING 5,501 BANK SEVICE CHARGES 629 BIKE SHOP 4,000 TANZANIAN OFFICE EXPENSES 8,424 TOTAL 54,123
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MOVED FROM RESTRICTED FUNDS TO INCOME -6,658
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BIKE FACILITY 2,000 2,000 TOTAL 2,000 2,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GLOBALBIKE CONNECT - GLOBALBIKE PROVIDES BICYCLE TRIPS AROUND MOUNT KILIMANJARO TO LOCAL USE AND AMERICAN TRAVELERS. THESE TRIPS ARE PART OF THE CULTURE EXCHANGE, VOLUTOURISM, AND PROVIDE AN OPPORTUNITY FOR BIKE PHILANTHROPY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 29
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CALVIN PENNINGTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum08646809464
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOBALBIKE INC
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0208387372
ReturnHeader/Filer/PhoneNum08646809464
ReturnHeader/Filer/USAddress/AddressLine1Txt01855 E MAIN ST SUITE 14 RM 202
ReturnHeader/Filer/USAddress/CityNm0SPARTANBURG
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ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm008:09:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200758852
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ELLIOTT & PAINTER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0390 EAST HENRY STREET SUITE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPARTANBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029302
ReturnHeader/PreparerPersonGrp/PhoneNum08645831476
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NICOLE T BAKER CPA
ReturnHeader/ReturnTs02018-11-15T09:09:44-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings