Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.39x
Liabilities / Revenue
81st percentile
Higher debt load relative to revenue than 81% of similar nonprofits.
Net Margin
84th percentile
Higher net margin than 84% of similar nonprofits.
Top Officer Pay
98th percentile
Higher top officer pay than 98% of similar nonprofits.
Top officer pay equals 74.5% of source-year revenue.
Asset Growth
85th percentile
Faster asset growth than 85% of similar nonprofits.
Revenue Growth
50th percentile
Faster revenue growth than 50% of similar nonprofits.
Balance Sheet
Assets
Up$1,138,507
Up $259,892 (+30%) from 2018
Net Assets
Up$692,569
Up $231,483 (+50%) from 2018
Liabilities
Up$445,938
Up $28,409 (+6.8%) from 2018
Revenue And Expenses
Revenue
Up$784,999
Up $30,547 (+4.0%) from 2018
Expenses
Down$553,516
Down $115,721 (-17%) from 2018
Net Income
Up$231,483
Up $146,268 (+172%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Nov 15, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $784,999
Mission and Program Overview
Mission
Global entrepreneurship week (gew) runs the world's largest celebration of the innovators and job creators who launch startups that bring ideas to life, drive economic growth and expand human welfare. Continued on schedule o. During one week each in november, gew inspires people everywhere through local, national and global activities designed to help them explore their potential as self-starters and innovators. These activities, from large-scale competitions and events to intimate networking gatherings, connect participants to potential collaborators, mentors and even investors - introducing them to new possibilities and exciting opportunities.
Celebrate the innovators and job creators who launch startups that bring ideas to life, drive economic growth and expand human welfare
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $862,561 | $1,138,507 | ▲ $275,946 |
| Accounts Receivable | $16,054 | - | - |
| Total Assets | $878,615 | $1,138,507 | ▲ $259,892 |
| Liabilities | |||
| Other Liabilities | $412,137 | $444,776 | ▲ $32,639 |
| Accounts Payable and Accrued Expenses | $5,392 | $1,162 | ▼ $4,230 |
| Total Liabilities | $417,529 | $445,938 | ▲ $28,409 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $461,086 | $692,569 | ▲ $231,483 |
| Total Net Assets Fund Balance | $461,086 | $692,569 | ▲ $231,483 |
| Total Liabilities and Net Assets / Fund Balance | $878,615 | $1,138,507 | ▲ $259,892 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Other | Total |
|---|---|---|---|---|
| Jonathan Ortmans | President/di | PT | $584,944 | $584,944 |
| Mark Marich | Exec. Vice P | PT | $219,939 | $219,939 |
| Buke Cuhadar | Vice Preside | PT | $118,691 | $118,691 |
| Cristina Fernandez | VP - Policy/ | PT | $115,502 | $115,502 |
Board Members and Trustees
| Name | Title |
|---|---|
| Jonathan Ortmans | President/director |
| Mark Marich | Exec. Vice President |
| Elmira Bayrasli | Director |
| Kevin Langley | Director |
| Neil Dhillon | Director |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $784,999
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $0
- All Other Contributions
- $784,999
- Change in Net Assets
- $231,483
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $363,272 |
| Other Expenses | $190,244 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $337,808 | - | - | $337,808 |
| Conferences and Meetings | $69,813 | - | - | $69,813 |
| Fees for Services Accounting | - | $46,433 | - | $46,433 |
| Travel | - | $25,467 | - | $25,467 |
| Other Employee Benefits | $25,464 | - | - | $25,464 |
| Office Expenses | - | $7,930 | - | $7,930 |
| Information Technology | - | $4,480 | - | $4,480 |
| Insurance | - | $2,716 | - | $2,716 |
| Other Expenses | $1,229 | - | - | $1,229 |
| Fees for Services Other | - | $22 | - | $22 |
| Total Functional Expenses | $466,468 | $87,048 | $0 | $553,516 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Due to Gen | $444,776 |
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 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Page 6, Part VI, Line 11B
“The directors, president, vp and secretary are provided with the 990 before it is filed, and are encouraged to review it carefully”
Form 990, Page 6, Part VI, Line 12C
“Not only have the board members and officers signed the conflict of interest policy stating that they agree to notify the board of any conflict of interest, but they are reminded of the policy at each board meeting. Furthermore, the point person employee for the whistle blower policy (global entrepreneurship network's policy)encourages members to disclose information about any activities that might be reviewed as potential conflicts of interest.”
Form 990, Page 6, Part VI, Line 15A
“There have been no reviews or adjustments to senior management compensation. Any further compensation reviews, which fall within the board-adopted policy will be led by an independent board member, will not involve the person concerned, and will be based on contemporaneous comparability data”
Form 990, Page 6, Part VI, Line 15B
“There have been no reviews or adjustments to senior management compensation. Any further compensation reviews, which fall within the board-adopted policy will be led by an independent board member, will not involve the person concerned, and will be based on contemporaneous comparability data”
Form 990, Page 6, Part VI, Line 19
“The organization's main governing documents, including its policies and financial statements are made available for inspection at the offices of the global entrepreneurship network to the public upon request.”
Filing and Contact Details
Filer
- Filer Name
- Global Entrepreneurship Week
- EIN
- 45-2604983
- Phone
- 2026834100
- Address
- 4527 17TH STREET N, ARLINGTON, VA 22207
Signing Officer
- Name
- Jonathan Ortmans
- Title
- President/director
- Phone
- 2026834100
- Signed
- 2020-11-15
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Jonathan Ortmans
- Formed
- 2011
- Legal Domicile
- Dc
- Voting Board Members
- 4
- Independent Board Members
- 3
- Employees
- 0
Preparer
- Firm
- Deleon & Stang Cpas and Advisors
- Address
- 100 LAKEFOREST BLVD STE 650, GAITHERSBURG, MD 20877-2609
- Preparer
- Clint Lehman CPA
- Phone
- 3019489825
Supplemental Narrative
Additional Explanations
Form 990, Page 2, Part III, Line 4A
“Gew, inc. Runs one program - global entrepreneurship week, an international campaign that occurs each november to get more people to consider the path of entrepreneurship. Firms less than five years old drive most net new jobs and struggling communities everywhere need more entrepreneurs. Diversity is a driver of innovation and economies cannot meet their full potential if a nation or group of people are underrepresented or face structural barriers. Therefore, gew aims, in particular, to engage historically underrepresented communities and those who have traditionally faced barriers to entrepreneurship in an effort to provide opportunities for individuals of all backgrounds. Global entrepreneurship week has now expanded to 180+ nations with roughly 40,000 events each year that engage millions of people.”
Financial Statement Notes
Schedule D, Page 3, Part X
“Global entrenpreneurship week (gew) complies with the provisions of the financial accounting standards board codification topic, accounting for uncertainty in income taxes. For the years ended december 31, 2019 and 2018, no unrecognized tax benefit or liability exists. Tax years 2016 through 2018 remain subject to examination by federal and state taxing authorities.”
Raw XML Appendix400 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.
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| IRS990/Desc | 0 | GEW, INC. RUNS ONE PROGRAM - GLOBAL ENTREPRENEURSHIP WEEK, AN INTERNATIONAL CAMPAIGN THAT OCCURS EACH NOVEMBER TO GET MORE PEOPLE TO CONSIDER THE PATH OF ENTREPRENEURSHIP. FIRMS LESS THAN FIVE YEARS OLD DRIVE MOST NET NEW JOBS AND STRUGGLING COMMUNITIES EVERYWHERE NEED MORE ENTREPRENEURS. DIVERSITY IS A DRIVER OF INNOVATION AND ECONOMIES CANNOT MEET THEIR FULL POTENTIAL IF A NATION OR GROUP OF PEOPLE ARE UNDERREPRESENTED OR FACE STRUCTURAL BARRIERS. THEREFORE, GEW AIMS, IN PARTICULAR, TO ENGAGE HISTORICALLY UNDERREPRESENTED COMMUNITIES AND THOSE WHO HAVE TRADITIONALLY FACED BARRIERS TO ENTREPRENEURSHIP IN AN EFFORT TO PROVIDE OPPORTUNITIES FOR INDIVIDUALS OF ALL BACKGROUNDS. GLOBAL ENTREPRENEURSHIP WEEK HAS NOW EXPANDED TO 180+ NATIONS WITH ROUGHLY 40,000 EVENTS EACH YEAR THAT ENGAGE MILLIONS OF PEOPLE. |
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| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | GLOBAL ENTRENPRENEURSHIP WEEK (GEW) COMPLIES WITH THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD CODIFICATION TOPIC, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018, NO UNRECOGNIZED TAX BENEFIT OR LIABILITY EXISTS. TAX YEARS 2016 THROUGH 2018 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | EXEC. VICE PRESIDENT |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | GEW, INC. RUNS ONE PROGRAM - GLOBAL ENTREPRENEURSHIP WEEK, AN INTERNATIONAL CAMPAIGN THAT OCCURS EACH NOVEMBER TO GET MORE PEOPLE TO CONSIDER THE PATH OF ENTREPRENEURSHIP. FIRMS LESS THAN FIVE YEARS OLD DRIVE MOST NET NEW JOBS AND STRUGGLING COMMUNITIES EVERYWHERE NEED MORE ENTREPRENEURS. DIVERSITY IS A DRIVER OF INNOVATION AND ECONOMIES CANNOT MEET THEIR FULL POTENTIAL IF A NATION OR GROUP OF PEOPLE ARE UNDERREPRESENTED OR FACE STRUCTURAL BARRIERS. THEREFORE, GEW AIMS, IN PARTICULAR, TO ENGAGE HISTORICALLY UNDERREPRESENTED COMMUNITIES AND THOSE WHO HAVE TRADITIONALLY FACED BARRIERS TO ENTREPRENEURSHIP IN AN EFFORT TO PROVIDE OPPORTUNITIES FOR INDIVIDUALS OF ALL BACKGROUNDS. GLOBAL ENTREPRENEURSHIP WEEK HAS NOW EXPANDED TO 180+ NATIONS WITH ROUGHLY 40,000 EVENTS EACH YEAR THAT ENGAGE MILLIONS OF PEOPLE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE DIRECTORS, PRESIDENT, VP AND SECRETARY ARE PROVIDED WITH THE 990 BEFORE IT IS FILED, AND ARE ENCOURAGED TO REVIEW IT CAREFULLY |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NOT ONLY HAVE THE BOARD MEMBERS AND OFFICERS SIGNED THE CONFLICT OF INTEREST POLICY STATING THAT THEY AGREE TO NOTIFY THE BOARD OF ANY CONFLICT OF INTEREST, BUT THEY ARE REMINDED OF THE POLICY AT EACH BOARD MEETING. FURTHERMORE, THE POINT PERSON EMPLOYEE FOR THE WHISTLE BLOWER POLICY (GLOBAL ENTREPRENEURSHIP NETWORK'S POLICY)ENCOURAGES MEMBERS TO DISCLOSE INFORMATION ABOUT ANY ACTIVITIES THAT MIGHT BE REVIEWED AS POTENTIAL CONFLICTS OF INTEREST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THERE HAVE BEEN NO REVIEWS OR ADJUSTMENTS TO SENIOR MANAGEMENT COMPENSATION. ANY FURTHER COMPENSATION REVIEWS, WHICH FALL WITHIN THE BOARD-ADOPTED POLICY WILL BE LED BY AN INDEPENDENT BOARD MEMBER, WILL NOT INVOLVE THE PERSON CONCERNED, AND WILL BE BASED ON CONTEMPORANEOUS COMPARABILITY DATA |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THERE HAVE BEEN NO REVIEWS OR ADJUSTMENTS TO SENIOR MANAGEMENT COMPENSATION. ANY FURTHER COMPENSATION REVIEWS, WHICH FALL WITHIN THE BOARD-ADOPTED POLICY WILL BE LED BY AN INDEPENDENT BOARD MEMBER, WILL NOT INVOLVE THE PERSON CONCERNED, AND WILL BE BASED ON CONTEMPORANEOUS COMPARABILITY DATA |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION'S MAIN GOVERNING DOCUMENTS, INCLUDING ITS POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE FOR INSPECTION AT THE OFFICES OF THE GLOBAL ENTREPRENEURSHIP NETWORK TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 692569 |
| IRS990/TotalOtherCompensationAmt | 0 | 100945 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 466468 |
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| IRS990/USAddress/CityNm | 0 | ARLINGTON |
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| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | WWW.GEW.CO |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JONATHAN ORTMANS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT/DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2026834100 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GLOBAL ENTREPRENEURSHIP WEEK |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GLOB |
| ReturnHeader/Filer/EIN | 0 | 452604983 |
| ReturnHeader/Filer/PhoneNum | 0 | 2026834100 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4527 17TH STREET N |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ARLINGTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 22207 |
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| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | C1375CFED7D573E857832949DCFA5E4AEB15232C |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 64.88.174.3 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-11-12 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 09:15:24 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 521373858 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DELEON & STANG CPAS AND ADVISORS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 100 LAKEFOREST BLVD STE 650 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GAITHERSBURG |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 208772609 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3019489825 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-11-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CLINT LEHMAN CPA |
| ReturnHeader/ReturnTs | 0 | 2020-11-12T09:15:24-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $1,138,507
- Liabilities
- $445,938
- Net assets
- $692,569
- Revenue
- $784,999
- Expenses
- $553,516
- Net income
- $231,483