Civic Intelligence

Global Online Academy

990 • Fiscal year 2012 • EIN 45-1565078

Jul 01, 2011 to Jun 30, 2012 • Filed on May 14, 2013

Organization ProfileWWW.GLOBALONLINEACADEMY.ORG

View Organization Page

14050 1st Avenue NE98125
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$886,358

Flat from 2012

Net Assets

Flat

$129,459

Flat from 2012

Liabilities

Flat

$756,899

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$311,085

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $886,358Liabilities 2012: $756,899Net Assets 2012: $129,4592012Assets 2012: $886,358Liabilities 2012: $756,899Net Assets 2012: $129,4592012Assets 2013: $1,435,514Liabilities 2013: $1,006,474Net Assets 2013: $429,0402013Assets 2014: $2,234,153Liabilities 2014: $1,628,255Net Assets 2014: $605,8982014Assets 2015: $2,808,436Liabilities 2015: $1,843,038Net Assets 2015: $965,3982015Assets 2016: $3,334,984Liabilities 2016: $1,942,265Net Assets 2016: $1,392,7192016Assets 2017: $3,545,345Liabilities 2017: $1,935,203Net Assets 2017: $1,610,1422017Assets 2018: $2,634,920Liabilities 2018: $746,018Net Assets 2018: $1,888,9022018Assets 2019: $2,489,040Liabilities 2019: $143,188Net Assets 2019: $2,345,8522019Assets 2020: $3,732,635Liabilities 2020: $879,493Net Assets 2020: $2,853,1422020Assets 2021: $5,265,890Liabilities 2021: $448,050Net Assets 2021: $4,817,8402021Assets 2022: $5,152,898Liabilities 2022: $520,024Net Assets 2022: $4,632,8742022Assets 2023: $4,514,015Liabilities 2023: $515,247Net Assets 2023: $3,998,7682023

Highlighted filing

2012

Assets$886,358
Liabilities$756,899
Net Assets$129,459
Open 2012 Filing

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $311,0852012Revenue 2012: $439,737Expenses 2012: $311,085Net Income 2012: $128,6522012Expenses 2013: $677,8622013Revenue 2014: $1,297,409Expenses 2014: $1,120,551Net Income 2014: $176,8582014Revenue 2015: $2,136,398Expenses 2015: $1,776,898Net Income 2015: $359,5002015Revenue 2016: $2,553,667Expenses 2016: $2,126,346Net Income 2016: $427,3212016Revenue 2017: $2,522,031Expenses 2017: $2,304,608Net Income 2017: $217,4232017Revenue 2018: $2,840,511Expenses 2018: $2,511,751Net Income 2018: $328,7602018Revenue 2019: $3,267,831Expenses 2019: $2,810,881Net Income 2019: $456,9502019Revenue 2020: $4,174,566Expenses 2020: $3,667,276Net Income 2020: $507,2902020Revenue 2021: $6,995,921Expenses 2021: $5,031,223Net Income 2021: $1,964,6982021Revenue 2022: $5,094,009Expenses 2022: $5,278,975Net Income 2022: -$184,9662022Revenue 2023: $5,108,682Expenses 2023: $5,742,788Net Income 2023: -$634,1062023

Highlighted filing

2012

Revenue-
Expenses$311,085
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
May 14, 2013
Return Version
2011v1.5
Gross Receipts
$439,737
Mission and Program Overview

Mission

The mission of the global online academy is to replicate in online classrooms the intellectually rigorous programs and excellent teaching that are hallmarks of its member schools; to foster new and effective ways, through best practices in online education, for students to learn; and to promote students' global awareness and understanding by creating truly diverse, worldwide, online schoolroom communities.

Filing and Contact Details

Filer

EIN
45-1565078
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IRS990/MissionDescription0THE MISSION OF THE GLOBAL ONLINE ACADEMY IS TO REPLICATE IN ONLINE CLASSROOMS THE INTELLECTUALLY RIGOROUS PROGRAMS AND EXCELLENT TEACHING THAT ARE HALLMARKS OF ITS MEMBER SCHOOLS; TO FOSTER NEW AND EFFECTIVE WAYS, THROUGH BEST PRACTICES IN ONLINE EDUCATION, FOR STUDENTS TO LEARN; AND TO PROMOTE STUDENTS' GLOBAL AWARENESS AND UNDERSTANDING BY CREATING TRULY DIVERSE, WORLDWIDE, ONLINE SCHOOLROOM COMMUNITIES.
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IRS990ScheduleO/GeneralExplanation/Explanation0THERE ARE TWO CLASSES OF MEMBERS: FOUNDING MEMBERS WHICH SHALL BE THE 10 INDEPENDENT SCHOOLS THAT SIGNED TWO-YEAR MEMBERSHIP CONTRACTS WITH GLOBAL ONLINE ACADEMY BY JULY 8, 2011 AND PAID THE DESIGNATED MEMBERSHIP FEE; AND MEMBERS WHICH ARE SCHOOLS THAT HAVE JOINED THE ACADEMY AFTER THAT DATE. EVERY FOUNDING MEMBER SCHOOL WILL HAVE ONE SEAT ON GLOBAL ONLINE ACADEMY'S GOVERNING BOARD OF DIRECTORS DURING THE FIRST THREE YEARS OF OPERATION.
IRS990ScheduleO/GeneralExplanation/Explanation1THE TAX RETURN IS REVIEWED IN DETAIL BY THE EXECUTIVE DIRECTOR. A FINALIZED COPY OF THE RETURN IS SENT TO THE BOARD OF DIRECTORS PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/GeneralExplanation/Explanation2ALL TRUSTEES, OFFICERS AND KEY PERSONNEL SIGN A CONFLICT OF INTEREST POLICY. IF AN INDIVIDUAL BELIEVES THAT HE OR SHE MAY HAVE A CONFLICT OF INTEREST, THE INDIVIDUAL SHALL PROMPTLY AND FULLY DISCLOSE THE CONFLICT TO THE PRESIDENT OF THE BOARD OF TRUSTEES AND, WHEN APPROPRIATE, THE EXECUTIVE DIRECTOR, AND SHALL REFRAIN FROM PARTICIPATING IN ANY WAY IN THE MATTER TO WHICH THE CONFLICT RELATES UNTIL THE CONFLICT HAS BEEN RESOLVED. WHEN AN ISSUE BROUGHT TO THE FULL GLOBAL ONLINE ACADEMY BOARD OF TRUSTEES OR ONE OF ITS COMMITTEES FOR CONSIDERATION IS ONE IN WHICH A TRUSTEE HAS A DIRECT FINANCIAL INTEREST, THAT TRUSTEE IS ASKED TO MAKE THE CONFLICT OF INTEREST KNOWN IN WRITING TO THE PRESIDENT OF THE BOARD. IN ADDITION, WHEN THE ISSUE IS RAISED, EITHER IN COMMITTEE OR AT A REGULAR BOARD MEETING, THE TRUSTEE FOR WHOM THE ISSUE REPRESENTS A CONFLICT OF INTEREST SHOULD EXCUSE HIM OR HERSELF FROM THE MEETING DURING THE DISCUSSION AND VOTE. IN THE EVENT THAT THE ADMINISTRATION BELIEVES A TRANSACTION WITH A RELATED PARTY MAY BE IN THE BEST INTEREST OF THE ORGANIZATION, THE BOARD PRESIDENT AND EXECUTIVE DIRECTOR MAY SUBMIT A RECOMMENDATION TO THE BOARD OFFICERS FOR REVIEW, EVALUATION, AND RECOMMENDATION. AN INTERESTED TRUSTEE SHOULD NOT PARTICIPATE IN THIS DECISION.
IRS990ScheduleO/GeneralExplanation/Explanation3COMPENSATION FOR THE EXECUTIVE DIRECTOR WAS DETERMINED BY THE BOARD. THE BOARD BENCHMARKED COMPENSATION AGAINST DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. THE MISSION AND GOVERNANCE COMMITTEE DISCUSSED THE FINDINGS OF THE COMPENSATION BENCHMARKS TO DETERMINE REASONABLENESS. THE EXECUTIVE SESSION OF THE BOARD APPROVED THE FINAL COMPENSATION AMOUNTS DURING THE FISCAL YEAR ENDING JUNE 30, 2012.
IRS990ScheduleO/GeneralExplanation/Explanation4THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5THERE ARE ELEVEN VOLUNTEER BOARD MEMBERS.
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IRS990/TotalLiabNetAssetsFundBalances/BOY058606
IRS990/TotalLiabNetAssetsFundBalances/EOY0886358
IRS990/TotalNbrEmployees03
IRS990/TotalNbrVolunteers011
IRS990/TotalNetAssetsFundBalances/BOY0807
IRS990/TotalNetAssetsFundBalances/EOY0129459
IRS990/TotalOtherCompensation08420
IRS990/TotalOtherRevenue0500
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceExpense0201962
IRS990/TotalProgramServiceRevenue0439100
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg060000
IRS990/TotalRevenueCurrentYear0439737
IRS990/TotalRevenue/ExclusionAmount0637
IRS990/TotalRevenuePriorYear011200
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome0439100
IRS990/TotalRevenue/TotalRevenueColumn0439737
IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/TransactionRelatedEntity00
IRS990/TransfersToExemptNonChrtblOrg00
IRS990/Travel/ManagementAndGeneral06325
IRS990/Travel/Total06325
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome00
IRS990/UnrestrictedNetAssets/BOY0807
IRS990/UnrestrictedNetAssets/EOY0129459
IRS990/UponRequest0X
IRS990/WebSite0WWW.GLOBALONLINEACADEMY.ORG
IRS990/WhistleblowerPolicy00
IRS990/YearFormation02011
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0451565078
ReturnHeader/Filer/Name/BusinessNameLine10GLOBAL ONLINE ACADEMY
ReturnHeader/Filer/NameControl0GLOB
ReturnHeader/Filer/Phone02063683666
ReturnHeader/Filer/USAddress/AddressLine1014050 1ST AVENUE NE
ReturnHeader/Filer/USAddress/City0SEATTLE
ReturnHeader/Filer/USAddress/State0WA
ReturnHeader/Filer/USAddress/ZIPCode098125
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02013-05-14
ReturnHeader/Officer/Name0MICHAEL NACHBAR

Document Assets

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Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$886,358
Liabilities
$756,899
Net assets
$129,459
Revenue
-
Expenses
$311,085
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$4.51$0.52$4.00$5.11$5.74$0.63
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.15$0.52$4.63$5.09$5.28$0.18
2021Summary only. Only limited summary data is available for this year.$5.27$0.45$4.82$7.00$5.03$1.96
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$0.88$2.85$4.17$3.67$0.51
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.49$0.14$2.35$3.27$2.81$0.46
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$0.75$1.89$2.84$2.51$0.33
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.55$1.94$1.61$2.52$2.30$0.22
2016Detailed filing. Detailed filing data is available for this year.$3.33$1.94$1.39$2.55$2.13$0.43
2015Detailed filing. Detailed filing data is available for this year.$2.81$1.84$0.97$2.14$1.78$0.36
2014Detailed filing. Detailed filing data is available for this year.$2.23$1.63$0.61$1.30$1.12$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$1.01$0.43$0.68
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.76$0.13$0.31
2012Summary only. Only limited summary data is available for this year.$0.89$0.76$0.13$0.44$0.31$0.13