Civic Intelligence

Global Glimpse

990 • Fiscal year 2019 • EIN 26-0651273

Oct 01, 2018 to Sep 30, 2019 • Filed on Mar 04, 2020

Organization Profilewww.globalglimpse.org
2991 Shattuck AveBerkeley, CA 94705

(800) 499-0656

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.09x

Higher debt load relative to assets than 52% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

32nd percentile

0.03x

Higher debt load relative to revenue than 32% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

23rd percentile

-7.6%

Higher net margin than 23% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

8th percentile

-15%

Faster asset growth than 8% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

48th percentile

3.3%

Faster revenue growth than 48% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Down

$1,528,129

Down $277,604 (-15%) from 2018

Net Assets

Down

$1,385,272

Down $370,726 (-21%) from 2018

Liabilities

Up

$142,857

Up $93,122 (+187%) from 2018

Revenue And Expenses
Liabilities / Revenue32nd percentileNet Margin23rd percentile

Revenue

Up

$4,880,459

Up $153,969 (+3.3%) from 2018

Expenses

Up

$5,251,185

Up $1,360,666 (+35%) from 2018

Net Income

Down

-$370,726

Down $1,206,697 (-144%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $373,992Liabilities 2013: $26,601Net Assets 2013: $347,3912013Assets 2014: $751,738Liabilities 2014: $35,853Net Assets 2014: $715,8852014Assets 2015: $632,757Liabilities 2015: $54,637Net Assets 2015: $578,1202015Assets 2016: $506,024Liabilities 2016: $87,258Net Assets 2016: $418,7662016Assets 2017: $954,074Liabilities 2017: $34,047Net Assets 2017: $920,0272017Assets 2018: $1,805,733Liabilities 2018: $49,735Net Assets 2018: $1,755,9982018Assets 2019: $1,528,129Liabilities 2019: $142,857Net Assets 2019: $1,385,2722019Assets 2020: $1,378,646Liabilities 2020: $282,772Net Assets 2020: $1,095,8742020Assets 2021: $1,326,071Liabilities 2021: $248,113Net Assets 2021: $1,077,9582021Assets 2022: $1,539,243Liabilities 2022: $60,544Net Assets 2022: $1,478,6992022Assets 2023: $1,609,146Liabilities 2023: $50,528Net Assets 2023: $1,558,6182023Assets 2024: $986,100Liabilities 2024: $61,009Net Assets 2024: $925,0912024Assets 2025: $1,039,524Liabilities 2025: $76,276Net Assets 2025: $963,2482025

Highlighted filing

2019

Assets$1,528,129
Liabilities$142,857
Net Assets$1,385,272
Open 2019 Filing

Operations Trend

Revenue Growth48th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2013: $1,046,7592013Revenue 2014: $1,839,610Expenses 2014: $1,471,116Net Income 2014: $368,4942014Revenue 2015: $1,839,313Expenses 2015: $1,977,078Net Income 2015: -$137,7652015Revenue 2016: $2,419,756Expenses 2016: $2,579,110Net Income 2016: -$159,3542016Revenue 2017: $3,065,300Expenses 2017: $2,564,039Net Income 2017: $501,2612017Revenue 2018: $4,726,490Expenses 2018: $3,890,519Net Income 2018: $835,9712018Revenue 2019: $4,880,459Expenses 2019: $5,251,185Net Income 2019: -$370,7262019Revenue 2020: $2,676,245Expenses 2020: $2,965,643Net Income 2020: -$289,3982020Revenue 2021: $1,833,616Expenses 2021: $1,851,532Net Income 2021: -$17,9162021Revenue 2022: $3,790,947Expenses 2022: $3,390,206Net Income 2022: $400,7412022Revenue 2023: $5,991,917Expenses 2023: $5,908,188Net Income 2023: $83,7292023Revenue 2024: $5,029,462Expenses 2024: $5,666,799Net Income 2024: -$637,3372024Revenue 2025: $4,974,991Expenses 2025: $4,936,834Net Income 2025: $38,1572025

Highlighted filing

2019

Revenue$4,880,459
Expenses$5,251,185
Net Income-$370,726
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Mar 4, 2020
Return Version
2018v3.1
Gross Receipts
$4,880,459
Mission and Program Overview

Mission

Global Glimpse works to make experiential education abroad accessible to outstanding students from all socioeconomic backgrounds through need based scholarships.

Global Glimpse designs and delivers global education, leadership, and service learning experiences in the developing world. Our program develops global competence, civic engagement, youth leadership, and college readiness, empowering students to become agents (continued page 2)

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,556,285$1,355,353▼ $200,932
Land, Buildings, and Equipment, Net$80,557$79,192▼ $1,365
Accounts Receivable$136,437$44,408▼ $92,029
Pledges and Grants Receivable-$42,089-
Prepaid Expenses and Deferred Charges$30,566$4,699▼ $25,867
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,805,733$1,528,129▼ $277,604
Other Assets Total$1,888$2,388▲ $500
Liabilities
Accounts Payable and Accrued Expenses$48,030$140,949▲ $92,919
Other Liabilities$1,705$1,908▲ $203
Total Liabilities$49,735$142,857▲ $93,122
Net Assets / Fund Balance
Unrestricted Net Assets$1,605,998$1,383,840▼ $222,158
Temporarily Rstr Net Assets$150,000$1,432▼ $148,568
Total Net Assets Fund Balance$1,755,998$1,385,272▼ $370,726
Total Liabilities and Net Assets / Fund Balance$1,805,733$1,528,129▼ $277,604

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$79,192$90,674$169,866
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Eliza PesuitExec DirectorFT$125,000$125,000
Ben PolanskyChief OperationsFT$115,000$115,000

Board Members and Trustees

NameTitle
Jennifer Ogden-ReeseBoard Chair
Abbas HasanDirector
Aparna RamaswamyDirector
Ben SchnakenbergDirector
Erol TamerDirector
Krishna KosuriDirector
Kristen MackDirector
Tressa JohnsonDirector
Sharon GrantFounder
Aisha TaylorSecretary
Michelle PatrickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,404,627
Program Service Revenue
$2,475,832
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,404,627
Change in Net Assets
$-370,726

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$1,362,375Fair Market Value (FMV)
Other Non Cash Contri Table1$37,712Fair Market Value (FMV)
Total Noncash Contributions2$1,400,087-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,880,459
Revenue Not Reported on Form 990
$48,372
Total Revenue per Audited Statements
$4,928,831
Total Revenue per Form 990
$4,880,459
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,875,456
Salaries, Compensation, and Employee Benefits$1,375,729
Total Fundraising Expense$391,594
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$772,822$106,690$160,628$1,040,140
Fees for Services Other$56,035$347,650$23,438$427,123
Other Expenses$54,368$97,182$13,846$165,396
Current Officers, Directors, Trustees, and Key Employees$21,875$6,250$96,875$125,000
Other Employee Benefits$79,956$10,092$27,565$117,613
All Other Expenses$55,337$38,215$6,340$99,892
Payroll Taxes$63,592$8,869$20,515$92,976
Travel$25,482$14,375$13,855$53,712
Occupancy$16,736$19,691-$36,427
Depreciation Depletion$23,130$2,881$6,632$32,643
Information Technology$6,334$14,941$117$21,392
Insurance$11,700$1,553$3,797$17,050
Fees for Services Accounting-$11,233-$11,233
Fees for Services Legal-$15-$15
Total Functional Expenses$4,165,904$693,687$391,594$5,251,185

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,299,557
Expenses per Audited Statements$5,251,185
Total Expenses per Form 990$5,251,185
Expenses Not Reported on Form 990$48,372
International Activity

International Summary

Offices
4
Employees
15
Spending
$590,219

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Dominican RepublicProgram servicesStudy/Service14$232,167
EcuadorProgram servicesStudy/Service13$155,304
PanamaProgram servicesStudy/Service13$102,522
NicaraguaProgram servicesStudy/Service15$100,226
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued payroll and related benefits$1,908
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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, Part VI, Line 4: Description of Significant Changes to Organizational Documents

“Global Glimpse prepared and filed Amended and Restated Bylaws in September 2019.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“Form 990 is prepared by an outside tax professional. The form is then reviewed bythe organization's management, a member of the board of directors, and the executivedirector. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Members of the board of directors review all potential conflicts of interest atleast annually. All personnel and board members are required to disclose (inwriting) potential conflicts and any related party affiliations. Loans between theorganization and members of management and the board are strictly prohibited. Theorganization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Members of the board of directors review the compensation of all high-level personnel periodically in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Compensation of other high-level personnel and key employees is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“All of the organization's governing documents, financial statements and other legalfilings are maintained in a secure environment and held available for inspection bytax authorities and the general public. Tax returns are posted annually towww.guidestar.org (where they are available for viewing as electronic copies) and are also available for a physical inspection at the organization's office in oakland, california.”

Filing and Contact Details

Filer

Filer Name
Global Glimpse
EIN
26-0651273
Phone
8004990656
Address
2991 Shattuck Ave, Berkeley, CA 94705

Signing Officer

Name
Eliza Pesuit
Title
Executive Director
Phone
8004990656
Signed
2020-03-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eliza Pesuit
Formed
2007
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
23
Volunteers
215

Preparer

Firm
Regalia & Associates CPAs
Address
103 Town Country Dr Ste K, Danville, CA 94526
Preparer
Douglas W Regalia
Phone
9253140390
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, Global Glimpse is required to report information regarding its exposure to various tax positions taken by Global Glimpse and requires a two-step process that separates recognition from measurement. The first step is determining whether a tax position has met the recognition threshold; the second step is measuring a tax position that meets the recognition threshold. Management believes that Global Glimpse has adequately evaluated its current tax positions and has concluded that as of September 30, 2019, Global Glimpse does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.Global Glimpse has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. The exemptions are subject to periodic review by the federal and state taxing authorities and management is confident that Global Glimpse continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. Global Glimpse may periodically receive unrelated business income requiring Global Glimpse to file separate tax returns under federal and state statutes. Under such conditions, Global Glimpse will calculate, accrue and remit the applicable taxes.”

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IRS990/Form990PartVIISectionAGrp/PersonNm11Eliza Pesuit
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IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
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IRS990/MissionDesc0of change in their local communities and in the greater global community. Global Glimpse works to make experiential education abroad accessible to outstanding students from all socioeconomic backgrounds through need based scholarships.
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IRS990/OtherExpensesGrp/TotalAmt3165396
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IRS990/PoliticalCampaignActyInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04699
IRS990/PrincipalOfficerNm0Eliza Pesuit
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IRS990/ProgramServiceRevenueGrp/BusinessCd1624100
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IRS990/ProgSrvcAccomActy2Grp/Desc0Our programs are six months long and begin with engaging pre-trip after-school workshops led by Global Glimpse trained educators at our partner public high schools. These workshops prepare students with a base of understanding on leadership, globalization, aid and development, and international relations. During the three week summer immersion program students are involved in seminars and lectures, field trips, reality challenges, and community action projects that address the following curriculum themes in depth: History, Culture, Education, Poverty, Global Business, Politics, Human Rights, Aid and Development, and Immigration.
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Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,528,129
Liabilities
$142,857
Net assets
$1,385,272
Revenue
$4,880,459
Expenses
$5,251,185
Net income
-$370,726
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.04$0.08$0.96$4.97$4.94$0.04
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.06$0.93$5.03$5.67$0.64
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$0.05$1.56$5.99$5.91$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.06$1.48$3.79$3.39$0.40
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.25$1.08$1.83$1.85$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$0.28$1.10$2.68$2.97$0.29
2019Detailed filing. Detailed filing data is available for this year.$1.53$0.14$1.39$4.88$5.25$0.37
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.05$1.76$4.73$3.89$0.84
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.03$0.92$3.07$2.56$0.50
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.09$0.42$2.42$2.58$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.63$0.05$0.58$1.84$1.98$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.75$0.04$0.72$1.84$1.47$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.03$0.35$1.05