Civic Intelligence

Global Business Institute Inc

EIN 45-3063901 • 501(c)3 • Washington, DC

Profile

To research US-Korea relations

1001 Connecticut Avenue NW Ste 704Washington, DC 20036-5504

n/A

Siviq Scores

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

Liabilities / Assets

95th percentile

1.75x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

41st percentile

-8.8%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$214,097

Down $20,779 (-8.8%) from 2022

Liabilities

Down

$374,185

Down $2,454 (-0.7%) from 2022

Net Assets

-

No earlier filing loaded for comparison.

Revenue

Down

$0

Down $20,000 (-100%) from 2022

Expenses

Down

$18,325

Down $111,931 (-86%) from 2022

Net Income

Up

-$18,325

Up $91,931 (+83%) from 2022

Trend Graphs

Balance Sheet Trend

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

$400K$200K$0-$200KAssets 2013: $30,127Liabilities 2013: $0Net Assets 2013: $30,1272013Assets 2014: $33,736Liabilities 2014: $0Net Assets 2014: $33,7362014Assets 2015: $22,157Net Assets 2015: $22,1572015Assets 2016: $17,083Net Assets 2016: $17,0832016Assets 2017: $65,023Net Assets 2017: $65,0232017Assets 2018: $23,470Net Assets 2018: $23,4702018Assets 2019: $4,601Net Assets 2019: $4,6012019Assets 2020: $73,973Liabilities 2020: $115,736Net Assets 2020: -$41,7632020Assets 2021: $57,893Liabilities 2021: $89,400Net Assets 2021: -$31,5072021Assets 2022: $234,876Liabilities 2022: $376,639Net Assets 2022: -$141,7632022Assets 2023: $214,097Liabilities 2023: $374,1852023

Highlighted filing

2023

Assets$214,097
Liabilities$374,185
Net Assets-

Operations Trend

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

$400K$200K$0-$200KRevenue 2013: $315,379Expenses 2013: $374,284Net Income 2013: -$58,9052013Revenue 2014: $231,862Expenses 2014: $228,253Net Income 2014: $3,6092014Revenue 2015: $47,694Expenses 2015: $59,272Net Income 2015: -$11,5782015Revenue 2016: $45,798Expenses 2016: $50,872Net Income 2016: -$5,0742016Revenue 2017: $138,562Expenses 2017: $90,622Net Income 2017: $47,9402017Revenue 2018: $109,010Expenses 2018: $150,563Net Income 2018: -$41,5532018Revenue 2019: $163,770Expenses 2019: $182,639Net Income 2019: -$18,8692019Revenue 2020: $127,254Expenses 2020: $173,618Net Income 2020: -$46,3642020Revenue 2021: $119,822Expenses 2021: $109,566Net Income 2021: $10,2562021Revenue 2022: $20,000Expenses 2022: $130,256Net Income 2022: -$110,2562022Revenue 2023: $0Expenses 2023: $18,325Net Income 2023: -$18,3252023

Highlighted filing

2023

Revenue$0
Expenses$18,325
Net Income-$18,325

Filings

Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 3, 2024
Return Version
2022v5.0
Gross Receipts
$20,000
Mission and Program Overview

Mission

To research contemporary us-korea business and government relations so that cooperation is attained in various areas between the two countries.

Program Services

DescriptionGrantsExpenses
EXPENSES INCURRED TO CONDUCT COMPREHENSIVE BASIC ANDAPPLIED RESEARCH OF CONTEMPORARY UNITED STATES-SOUTHKOREA BUSINESS AND GOVERNMENT RELATIONS.$100,000$130,256
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FLORENCE LOWE-LEEDirectorPT$0--
PAUL CHEONG LEEDirectorPT$0--
LEONARDO A CANSECODirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Global Business Institute Inc
EIN
45-3063901
Phone
2024997979
Address
1001 Connecticut Avenue NW, Washington, DC 20036-5504

Signing Officer

Name
Florence Lowe-lee
Title
President
Phone
2024997979
Signed
2024-02-03
Discuss with paid preparer
Yes

Preparer

Firm
Patrick R Ferraren CPA
Address
45575 RUISLIP MANOR WAY, STERLING, VA 20166
Preparer
Patrick R Ferraren CPA
Phone
7034069747
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

To help defray expenses of scholarships dealing with us-korea relations; us-korea research; uti company: 128 yeoui-daero, yeongdeungpo-gu, seoul, ks, 07336; research institute, 100000.

Form 990EZ, Part I, Line 16

Depreciation 0.

Form 990EZ, Part II, Line 26

Ppp 1 loan payable due to 2020 pandemic 0.

Form 990EZ, Part II, Line 26

EIDL Covid 19 Payable to SBA 89400. 376639.

Raw XML Appendix180 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/PersonNm0FLORENCE LOWE-LEE
IRS990EZ/BooksInCareOfDetail/PhoneNum02024997979
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01001 CONNECTICUT AVENUE NW
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0200365504
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt057893
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0234876
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt020000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-110256
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0450
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt057893
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0234876
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0100000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt020000
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-31507
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-141763
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-31507
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-141763
IRS990EZ/OccupancyRentUtltsAndMaintAmt013339
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0FLORENCE LOWE-LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAUL CHEONG LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LEONARDO A CANSECO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO RESEARCH CONTEMPORARY US-KOREA BUSINESS AND GOVERNMENT RELATIONS SO THAT COOPERATION IS ATTAINED IN VARIOUS AREAS BETWEEN THE TWO COUNTRIES.
IRS990EZ/PrintingPublicationsPostageAmt046
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EXPENSES INCURRED TO CONDUCT COMPREHENSIVE BASIC ANDAPPLIED RESEARCH OF CONTEMPORARY UNITED STATES-SOUTHKOREA BUSINESS AND GOVERNMENT RELATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0100000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0130256
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt016421
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt089400
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0376639
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0130256
IRS990EZ/TotalProgramServiceExpensesAmt0130256
IRS990EZ/TotalRevenueAmt020000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: EIDL GRANT 2020 PANDEMIC 2020: 2000. Description: PPP LOANS FORGIVEN 2021: 52671.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt067151
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0125254
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0143770
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0109010
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0465185
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt020000
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt052671
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02000
IRS990ScheduleA/OtherIncome509Grp/TotalAmt054671
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.89870
IRS990ScheduleA/PublicSupportPY509Pct00.91700
IRS990ScheduleA/PublicSupportTotal509Amt0485185
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt020000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt067151
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0125254
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0163770
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0109010
IRS990ScheduleA/Total509Grp/TotalAmt0485185
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0539856
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO HELP DEFRAY EXPENSES OF SCHOLARSHIPS DEALING WITH US-KOREA RELATIONS; US-KOREA RESEARCH; UTI COMPANY: 128 YEOUI-DAERO, YEONGDEUNGPO-GU, SEOUL, KS, 07336; RESEARCH INSTITUTE, 100000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PPP 1 LOAN PAYABLE DUE TO 2020 PANDEMIC 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EIDL Covid 19 Payable to SBA 89400. 376639.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FLORENCE LOWE-LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02024997979
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-02-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Global Business Institute Inc
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0453063901
ReturnHeader/Filer/PhoneNum02024997979
ReturnHeader/Filer/USAddress/AddressLine1Txt01001 Connecticut Avenue NW
ReturnHeader/Filer/USAddress/CityNm0Washington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd0200365504
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541832633
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PATRICK R FERRAREN CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt045575 RUISLIP MANOR WAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STERLING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020166
ReturnHeader/PreparerPersonGrp/PhoneNum07034069747
ReturnHeader/PreparerPersonGrp/PreparationDt02024-02-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Patrick R Ferraren CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-02-03T16:21:16-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FLORENCE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LOWE-LEE
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.