Civic Intelligence

Global Initiatives Inc

EIN 22-3080437 • 501(c)3 • Gloucester, MA

Profile

Raising money to build a replica of a 1922 american schooner that will be a platform for renewable energy and a green planet, schooner will be used for sail training and environmental education of high school students.

5 Old Bray StreetGloucester, MA 01930

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

11th percentile

-76%

Higher net margin than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

34th percentile

-14%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-51%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$35,428

Down $5,946 (-14%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$35,428

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin11th percentile

Revenue

Down

$7,875

Down $8,125 (-51%) from 2023

Expenses

Up

$13,821

Up $1,910 (+16%) from 2023

Net Income

Down

-$5,946

Down $10,035 (-245%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth34th percentile

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

$60K$40K$20K$0Assets 2010: $0Net Assets 2010: $02010Assets 2011: $0Net Assets 2011: $02011Assets 2012: $790Net Assets 2012: $7902012Assets 2013: $510Net Assets 2013: $5102013Assets 2014: $8,860Liabilities 2014: $0Net Assets 2014: $8,8602014Assets 2015: $1,766Liabilities 2015: $0Net Assets 2015: $1,7662015Assets 2016: $37,334Liabilities 2016: $0Net Assets 2016: $37,3342016Assets 2017: $39,605Liabilities 2017: $0Net Assets 2017: $39,6052017Assets 2018: $48,484Liabilities 2018: $0Net Assets 2018: $48,4842018Assets 2019: $51,200Net Assets 2019: $51,2002019Assets 2020: $37,569Net Assets 2020: $37,5692020Assets 2021: $35,230Net Assets 2021: $35,2302021Assets 2022: $37,285Net Assets 2022: $37,2852022Assets 2023: $41,374Liabilities 2023: $02023Assets 2024: $35,428Net Assets 2024: $35,4282024

Highlighted filing

2024

Assets$35,428
Liabilities-
Net Assets$35,428
Open 2024 Filing

Operations Trend

Revenue Growth16th percentile

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

$40K$20K$0-$20KRevenue 2010: $50Expenses 2010: $50Net Income 2010: $02010Revenue 2011: $480Expenses 2011: $480Net Income 2011: $02011Revenue 2012: $1,100Expenses 2012: $310Net Income 2012: $7902012Expenses 2013: $2802013Revenue 2014: $8,650Expenses 2014: $300Net Income 2014: $8,3502014Revenue 2015: $1,396Expenses 2015: $8,490Net Income 2015: -$7,0942015Revenue 2016: $39,772Expenses 2016: $4,204Net Income 2016: $35,5682016Revenue 2017: $12,291Expenses 2017: $10,020Net Income 2017: $2,2712017Revenue 2018: $18,913Expenses 2018: $10,034Net Income 2018: $8,8792018Revenue 2019: $17,756Expenses 2019: $15,040Net Income 2019: $2,7162019Revenue 2020: $100Expenses 2020: $13,731Net Income 2020: -$13,6312020Revenue 2021: $2,445Expenses 2021: $4,784Net Income 2021: -$2,3392021Revenue 2022: $2,600Expenses 2022: $545Net Income 2022: $2,0552022Revenue 2023: $16,000Expenses 2023: $11,911Net Income 2023: $4,0892023Revenue 2024: $7,875Expenses 2024: $13,821Net Income 2024: -$5,9462024

Highlighted filing

2024

Revenue$7,875
Expenses$13,821
Net Income-$5,946
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$35,428
Liabilities
-
Net assets
$35,428
Revenue
$7,875
Expenses
$13,821
Net income
-$5,946
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$35.4$35.4$7.88$13.8$5.95
2023Summary only. Only limited summary data is available for this year.$41.4$0.00$16.0$11.9$4.09
2022Detailed filing. Detailed filing data is available for this year.$37.3$37.3$2.60$0.55$2.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.2$35.2$2.45$4.78$2.34
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.6$37.6$0.10$13.7$13.6
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$51.2$51.2$17.8$15.0$2.72
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.5$0.00$48.5$18.9$10.0$8.88
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.6$0.00$39.6$12.3$10.0$2.27
2016Detailed filing. Detailed filing data is available for this year.$37.3$0.00$37.3$39.8$4.20$35.6
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.00$1.77$1.40$8.49$7.09
2014Detailed filing. Detailed filing data is available for this year.$8.86$0.00$8.86$8.65$0.30$8.35
2013Detailed filing. Detailed filing data is available for this year.$0.51$0.51$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.79$1.10$0.31$0.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.48$0.48$0.00
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.05$0.05$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 21, 2025
Return Version
2024v5.2
Gross Receipts
$7,875
Mission and Program Overview

Mission

Raising money to build a replica of a 1922 american schooner that will be a platform for renewable energy and a green planet, schooner will be used for sail training and environmental education of high school students.

Program Services

DescriptionGrantsExpenses
SCHOONER WILL BE USED FOR SAIL TRAINING AND ENVIRONMENTAL EDUCATION OF HIGH SCHOOL STUDENTS.-$7,000
RAISING MONEY TO BUILD A REPLICA OF A 1922 AMERICAN SCHOONER THAT WILL BE A PLATFORM FOR RENEWABLE ENERGY AND A GREEN PLANET.$375$6,282
SCHOLARSHIPS--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
THOMAS ELLISPres,Treas,Cler-$0--
PETER FEINSTEINDirector-$0--
STEPHEN SACCADirector-$0--
BRIAN ELLISDirector-$0--
Filing and Contact Details

Filer

Filer Name
Global Initiatives Inc
EIN
22-3080437
Phone
9788693170
Address
5 OLD BRAY STREET, GLOUCESTER, MA 01930

Signing Officer

Name
Thomas E Ellis
Title
President
Signed
2025-10-21
Discuss with paid preparer
Yes

Preparer

Firm
Harvey & Martin PLLC
Address
43 High St Suite 210, North Andover, MA 01845
Preparer
Jodi Ann Anselmo
Phone
9786887701
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $44”

Other Expenses.1007

“Conferences, Conventions, and Meetings $5907”

Other Expenses.1

“Fifth grade schooner outing $7000”

Raw XML Appendix152 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0THOMAS ELLIS
IRS990EZ/BooksInCareOfDetail/PhoneNum09782811206
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05 OLD BRAY STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GLOUCESTER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001930
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt041374
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt035428
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt07875
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-5946
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0495
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt041374
IRS990EZ/Form990TotalAssetsGrp/EOYAmt035428
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0375
IRS990EZ/GrossReceiptsAmt07875
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt041374
IRS990EZ/NetAssetsOrFundBalancesEOYAmt035428
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt041374
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt035428
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0THOMAS ELLIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PETER FEINSTEIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2STEPHEN SACCA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BRIAN ELLIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRES,TREAS,CLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt012951
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0RAISING MONEY TO BUILD A REPLICA OF A 1922 AMERICAN SCHOONER THAT WILL BE A PLATFORM FOR RENEWABLE ENERGY AND A GREEN PLANET, SCHOONER WILL BE USED FOR SAIL TRAINING AND ENVIRONMENTAL EDUCATION OF HIGH SCHOOL STUDENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RAISING MONEY TO BUILD A REPLICA OF A 1922 AMERICAN SCHOONER THAT WILL BE A PLATFORM FOR RENEWABLE ENERGY AND A GREEN PLANET.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1SCHOONER WILL BE USED FOR SAIL TRAINING AND ENVIRONMENTAL EDUCATION OF HIGH SCHOOL STUDENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2SCHOLARSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0375
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt06282
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt17000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt013821
IRS990EZ/TotalProgramServiceExpensesAmt013282
IRS990EZ/TotalRevenueAmt07875
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt07875
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt016000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02600
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02445
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt029020
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt029020
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt07875
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt016000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02600
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02445
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/Total509Grp/TotalAmt029020
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt07875
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt016000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02445
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt029020
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $44
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, Conventions, and Meetings $5907
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FIFTH GRADE SCHOONER OUTING $7000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS E ELLIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOBAL INITIATIVES INC
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0223080437
ReturnHeader/Filer/PhoneNum09788693170
ReturnHeader/Filer/USAddress/AddressLine1Txt05 OLD BRAY STREET
ReturnHeader/Filer/USAddress/CityNm0GLOUCESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001930
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0832002817
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Harvey & Martin PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt043 High St Suite 210
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0North Andover
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001845
ReturnHeader/PreparerPersonGrp/PhoneNum09786887701
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JODI ANN ANSELMO
ReturnHeader/ReturnTs02025-10-21T06:47:54-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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