Civic Intelligence

Global Online Academy

990 • Fiscal year 2013 • EIN 45-1565078

Jul 01, 2012 to Jun 30, 2013 • Filed on Feb 27, 2014

Organization ProfileWWW.GLOBALONLINEACADEMY.ORG
14050 1st Avenue NE98125
Siviq Scores

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

Liabilities / Assets

84th percentile

0.70x

Higher debt load relative to assets than 84% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

93rd percentile

62%

Faster asset growth than 93% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$1,435,514

Up $549,156 (+62%) from 2012

Net Assets

Up

$429,040

Up $299,581 (+231%) from 2012

Liabilities

Up

$1,006,474

Up $249,575 (+33%) from 2012

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$677,862

Up $366,777 (+118%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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 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

2013

Assets$1,435,514
Liabilities$1,006,474
Net Assets$429,040
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 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

2013

Revenue-
Expenses$677,862
Net Income-
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Feb 27, 2014
Return Version
2012v2.1
Gross Receipts
$978,073
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.

Major Activities

Activity 2
Global online academy holds a summer teacher training workshop for teachers of the member schools. It is a week-long intensive professional development workshop focused on taking great teaching online. Teachers receive advanced training in online teaching pedagogy, learn and share technology skills, and collaborate with colleagues on course design.
Activity 3
Global online academy offers courses that allow teachers to expand their professional knowledge and to develop new ways of thinking about their practice to match the modern world and to prepare their students for a global future. Both synchronous and asynchronous programs are offered. Participants spend approximately four hours engaged in the course each week. The two-week format of each chapter of the series is designed with faculty's busy schedules in mind.
Filing and Contact Details

Filer

EIN
45-1565078
Raw XML AppendixShowing 400 of 470 raw XML fields

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IRS990/Activity2/Description0GLOBAL ONLINE ACADEMY HOLDS A SUMMER TEACHER TRAINING WORKSHOP FOR TEACHERS OF THE MEMBER SCHOOLS. IT IS A WEEK-LONG INTENSIVE PROFESSIONAL DEVELOPMENT WORKSHOP FOCUSED ON TAKING GREAT TEACHING ONLINE. TEACHERS RECEIVE ADVANCED TRAINING IN ONLINE TEACHING PEDAGOGY, LEARN AND SHARE TECHNOLOGY SKILLS, AND COLLABORATE WITH COLLEAGUES ON COURSE DESIGN.
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IRS990/Description0GLOBAL ONLINE ACADEMY IS AN ONLINE SCHOOL THAT PARTNERS WITH OTHER PRIVATE SCHOOLS WORLDWIDE. DURING THE FISCAL YEAR ENDING JUNE 30, 2013, THERE WERE 32 MEMBER SCHOOLS AND 500 INDIVIDUALS ENROLLED IN ONLINE CLASSES. GLOBAL ONLINE ACADEMY CONNECTS STUDENTS FROM ALL OVER THE WORLD AND ALLOWS THEM TO OFFER THEIR LOCAL PERSPECTIVES ON GLOBAL ISSUES. SCHOOLS IN JORDAN, INDONESIA, CHINA AND JAPAN ARE ALSO MEMBERS.
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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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IRS990ScheduleD/TotalOfBookValueLandBuildings028811
IRS990/ScheduleJRequired00
IRS990ScheduleL/Form990ScheduleLPartV/Explanation0SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS:(B) RELATIONSHIP WITH ORGANIZATION: OFFICER(B) PURPOSE OF LOAN: SUPPLIES
IRS990ScheduleL/LoanTable/ApprovedByBoard00
IRS990ScheduleL/LoanTable/BalanceDue01386
IRS990ScheduleL/LoanTable/Default00
IRS990ScheduleL/LoanTable/LoanFromOrganization0X
IRS990ScheduleL/LoanTable/NamePerson0MICHAEL NACHBAR
IRS990ScheduleL/LoanTable/OriginalPrincipalAmount01386
IRS990ScheduleL/LoanTable/PurposeOfLoan0PART V
IRS990ScheduleL/LoanTable/RelationshipWithOrganization0PART V
IRS990ScheduleL/LoanTable/WrittenAgreement00
IRS990ScheduleL/TotalBalanceDue01386
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 PREPARED BY A THIRD PARTY CPA AND IS REVIEWED IN DETAIL BY THE EXECUTIVE DIRECTOR PRIOR TO FILING WITH THE IRS. 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, 2013.
IRS990ScheduleO/GeneralExplanation/Explanation4THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5THERE ARE THIRTEEN VOLUNTEER BOARD MEMBERS.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART I, LINE 6, VOLUNTEERS:
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0WA
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1014050 1ST AVENUE NE
IRS990/TheBooksAreInCareOf/AddressUS/City0SEATTLE
IRS990/TheBooksAreInCareOf/AddressUS/State0WA
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode098125
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10MICHAEL NACHBAR
IRS990/TheBooksAreInCareOf/TelephoneNumber02063683666
IRS990/TotalAssets/BOY0886358
IRS990/TotalAssetsBOY0886358
IRS990/TotalAssets/EOY01435514
IRS990/TotalAssetsEOY01435514
IRS990/TotalCompGT150K00
IRS990/TotalExpensesCurrentYear0677862

Document Assets

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Filings

Displayed year

2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,435,514
Liabilities
$1,006,474
Net assets
$429,040
Revenue
-
Expenses
$677,862
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
2012Summary only. Only limited summary data is available for this year.$0.89$0.76$0.13$0.44$0.31$0.13