Civic Intelligence

Global Business Coalition for Education Inc.

990 • Fiscal year 2018 • EIN 45-4960988

Dec 01, 2017 to Nov 30, 2018 • Filed on Apr 10, 2019

Organization ProfileWWW.GBC-EDUCATION.ORG
599 Lexington AvenueNew York, NY 10022

(203) 116-2735

Siviq Scores

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

Liabilities / Assets

68th percentile

0.08x

Higher debt load relative to assets than 68% of similar nonprofits.

2018 filings • NTEE B • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

70th percentile

0.07x

Higher debt load relative to revenue than 70% of similar nonprofits.

2018 filings • NTEE B • $500k-$1M nonprofits • Source year 2018

Net Margin

14th percentile

-17%

Higher net margin than 14% of similar nonprofits.

2018 filings • NTEE B • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2018 filings • NTEE B • $500k-$1M nonprofits • Source year 2018

Asset Growth

6th percentile

-30%

Faster asset growth than 6% of similar nonprofits.

2018 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

13th percentile

-24%

Faster revenue growth than 13% of similar nonprofits.

2018 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$560,418

Down $237,630 (-30%) from 2017

Net Assets

Down

$515,098

Down $101,770 (-16%) from 2017

Liabilities

Down

$45,320

Down $135,860 (-75%) from 2017

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin14th percentile

Revenue

Down

$605,021

Down $191,077 (-24%) from 2017

Expenses

Up

$706,791

Up $113,120 (+19%) from 2017

Net Income

Down

-$101,770

Down $304,197 (-150%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $180,053Liabilities 2010: $370,586Net Assets 2010: -$190,5332010Assets 2013: $809,566Liabilities 2013: $479,765Net Assets 2013: $329,8012013Assets 2014: $1,421,357Liabilities 2014: $220,300Net Assets 2014: $1,201,0572014Assets 2015: $1,037,979Liabilities 2015: $160,278Net Assets 2015: $877,7012015Assets 2016: $606,187Liabilities 2016: $191,746Net Assets 2016: $414,4412016Assets 2017: $798,048Liabilities 2017: $181,180Net Assets 2017: $616,8682017Assets 2018: $560,418Liabilities 2018: $45,320Net Assets 2018: $515,0982018Assets 2019: $818,219Liabilities 2019: $127,218Net Assets 2019: $691,0012019Assets 2020: $1,797,305Liabilities 2020: $208,140Net Assets 2020: $1,589,1652020Assets 2021: $2,982,896Liabilities 2021: $153,078Net Assets 2021: $2,829,8182021Assets 2022: $2,852,615Liabilities 2022: $185,811Net Assets 2022: $2,666,8042022Assets 2023: $2,075,365Liabilities 2023: $183,282Net Assets 2023: $1,892,0832023Assets 2024: $2,229,819Liabilities 2024: $113,714Net Assets 2024: $2,116,1052024

Highlighted filing

2018

Assets$560,418
Liabilities$45,320
Net Assets$515,098
Open 2018 Filing

Operations Trend

Revenue Growth13th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $129,414Expenses 2010: $319,947Net Income 2010: -$190,5332010Revenue 2013: $1,371,933Expenses 2013: $846,146Net Income 2013: $525,7872013Revenue 2014: $2,096,100Expenses 2014: $1,224,843Net Income 2014: $871,2572014Revenue 2015: $1,061,639Expenses 2015: $1,384,996Net Income 2015: -$323,3572015Revenue 2016: $493,061Expenses 2016: $956,321Net Income 2016: -$463,2602016Revenue 2017: $796,098Expenses 2017: $593,671Net Income 2017: $202,4272017Revenue 2018: $605,021Expenses 2018: $706,791Net Income 2018: -$101,7702018Revenue 2019: $1,328,832Expenses 2019: $1,152,929Net Income 2019: $175,9032019Revenue 2020: $2,546,338Expenses 2020: $1,648,174Net Income 2020: $898,1642020Revenue 2021: $3,104,641Expenses 2021: $1,863,988Net Income 2021: $1,240,6532021Revenue 2022: $2,335,994Expenses 2022: $2,424,846Net Income 2022: -$88,8522022Revenue 2023: $1,280,237Expenses 2023: $2,055,295Net Income 2023: -$775,0582023Revenue 2024: $1,788,312Expenses 2024: $1,564,329Net Income 2024: $223,9832024

Highlighted filing

2018

Revenue$605,021
Expenses$706,791
Net Income-$101,770
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Dec 1, 2017 to Nov 30, 2018
Signed
Apr 10, 2019
Return Version
2017v2.3
Gross Receipts
$605,021
Mission and Program Overview

Mission

To engage the business community in supporting the world's most pressing global education issues and support quality, inclusive and equitable education for all children and youth. Programs are funded through donations, grants and dues from member companies and other contributors.

To engage the business community in supporting the world's most pressing global education issues.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$798,048$560,418▼ $237,630
Total Assets$798,048$560,418▼ $237,630
Liabilities
Deferred Revenue$160,825$37,833▼ $122,992
Accounts Payable and Accrued Expenses$20,355$7,487▼ $12,868
Total Liabilities$181,180$45,320▼ $135,860
Net Assets / Fund Balance
Unrestricted Net Assets$425,201$283,493▼ $141,708
Temporarily Rstr Net Assets$191,667$231,605▲ $39,938
Total Net Assets Fund Balance$616,868$515,098▼ $101,770
Total Liabilities and Net Assets / Fund Balance$798,048$560,418▼ $237,630
Compensation and Service Providers
Top Officer Pay54th percentile

Board Members and Trustees

NameTitle
Sarah BrownChair of the Board of Dire
Edward EstradaBoard Member
Lisa BelzbergBoard Member
David BoutcherSec. of the Board of Direc

Highest Paid Contractors

ContractorServicesLocationCompensation
Theirworld ProjectsCore Staff CostsBROADGATE TWR 20 PRIMROSE, London, ENGLAND, Uk$167,845
Revenue and Support

Revenue Composition

Contributions and Grants
$300,030
Program Service Revenue
$304,991
Investment Income
$0
Other Revenue
$0
All Other Contributions
$300,030
Change in Net Assets
$-101,770

Audited Revenue Reconciliation

Revenue per Audited Statements
$605,021
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$605,021
Total Revenue per Form 990
$605,021
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$362,036
Salaries, Compensation, and Employee Benefits$344,755
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$299,021--$299,021
Fees for Services Management$100,707$67,138-$167,845
Fees for Services Other$82,366--$82,366
Conferences and Meetings$39,838--$39,838
Fees for Services Accounting-$33,760-$33,760
Payroll Taxes$23,270--$23,270
Office Expenses$12,683$5,657-$18,340
Other Employee Benefits$18,131--$18,131
Travel$11,193--$11,193
Insurance$5,893--$5,893
Pension Plan Contributions$4,333--$4,333
Information Technology$1,602--$1,602
Advertising$1,199--$1,199
Total Functional Expenses$600,236$106,555$0$706,791

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$706,791
Total Expenses per Audited Statements$706,791
Total Expenses per Form 990$706,791
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
1
Employees
3
Spending
$220,211

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
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumAdministrative Support to Programs-11$167,845
Middle East and North AfricaProgram Support-01$35,000
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram Support-01$17,366
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Most of the management activities are performed by theirworld, a related organization.”

Form 990, Part VI, Section A, Line 8B

“The governing body did not have any committees as of 11/30/18.”

Form 990, Part VI, Section B, Line 11B

“Prior to filing, form 990 is distributed to the governing board for review”

Form 990, Part VI, Section B, Line 12C

“The organization periodically takes action to monitor compliance of all employees with the conflicts of interest policy. This is done through an annual communication to all employees setting forth the policy and asking employees to report any conflicts of interest that violate the policy. The board directors sign conflict of interest statements annually.”

Form 990, Part VI, Section B, Line 15

“The organization has no compensation policies as it does not compensate its top executive or its officers.”

Form 990, Part VI, Section C, Line 19

“The organization does not generally make its governing documents, policies and financial statements available to public, but will provide them to parties on an as needed basis.”

Filing and Contact Details

Filer

Filer Name
Global Business Coalition for Education
EIN
45-4960988
Phone
2031162735
Address
599 LEXINGTON AVENUE, NEW YORK, NY 10022

Signing Officer

Name
Sarah Brown
Title
Exec Chair of the Bd of Directors
Phone
2031162735
Signed
2019-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Brown
Formed
2012
Legal Domicile
De
Voting Board Members
4
Independent Board Members
4
Employees
9
Volunteers
0

Preparer

Firm
Rubino & Company Chartered
Address
6903 ROCKLEDGE DRIVE SUITE 1200, BETHESDA, MD 20817-1818
Preparer
PATRICIA A O'MALLEY CPA
Phone
3015643636
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting fees: program service expenses 82,366. Management and general expenses 0. Fundraising expenses 0. Total expenses 82,366.”

Form 990, Part XII, Line 2C

“The organization does not have a committee, however the board reviews and approves the compiled financial statements. The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Gbc-education has processes in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. Gbc-education has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 425 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/Desc0TACKLING THE GLOBAL EDUCATION CRISIS TAKES THE COLLECTIVE POWER OF BUSINESS AND OTHER STAKEHOLDERS - AND KNOW-HOW TO BRING THESE VOICES TOGETHER FOR POSITIVE CHANGE. THE GLOBAL BUSINESS COALITION FOR EDUCATION SERVES AS THE BUSINESS COMMUNITY'S SOCIAL IMPACT ADVISOR, COMBINING THE EXPERTISE OF EDUCATION AND BUSINESS TO DEVELOP CUSTOMIZED PROGRAMS AND IDENTIFY INVESTMENTS, PARTNERSHIPS, AND OPPORTUNITIES THAT WILL HAVE THE GREATEST IMPACT. GBC-EDUCATION MEMBERS ARE 'NEXT GENERATION ACTIONISTS' WHO UNDERSTAND THE POWER AND POTENTIAL OF LEVERAGING THEIR KNOWLEDGE, RESOURCES, AND SCALE IN COORDINATION WITH PEERS, GOVERNMENT, INTERNATIONAL ORGANIZATIONS, AND NGOS. WE BELIEVE TRANSFORMATIVE CHANGE REQUIRES MORE THAN INDIVIDUAL EFFORTS TO ADDRESS A PROBLEM NO MATTER HOW LARGE OR SIGNIFICANT THE EFFORT. A BUSINESS-LED, ACTION-ORIENTED ORGANIZATION, GBC-EDUCATION FOCUSES ON FOUR CORE FUNCTIONS: CONNECTWHILE MANY COMPANIES ALREADY ENGAGE IN EDUCATION THROUGH PHILANTHROPIC OR SOCIAL INVESTMENT PROGRAMS, THESE ACTIONS REQUIRE COORDINATION TO HAVE GREATER IMPACT. GBC-EDUCATION'S FORUM INCREASES COMPANIES' EFFECTIVENESS BY CREATING "MEMBERS-ONLY" SPACES FOR COMPANY LEADERS TO CONNECT AND IDENTIFY OPPORTUNITIES FOR INNOVATION AND COLLABORATION. WE WORK WITH OUR MEMBERS TO CREATE ECONOMIES OF SCALE AND IDENTIFY HOW CORE BUSINESS CAN BE LEVERAGED TO GENERATE GREATER IMPACT. COOPERATEGBC-EDUCATION CREATES AVENUES FOR COOPERATION WITH INTERNATIONAL AGENCIES, GOVERNMENTS, DEVELOPMENT BANKS, FOUNDATIONS, AND CIVIL SOCIETY ORGANIZATIONS. THROUGH GBC-EDUCATION, MEMBERS HAVE UNPARALLELED ACCESS TO EXPERTS, INFLUENCERS, AND POLICYMAKERS AS THEY WORK TOGETHER TO INCREASE THE NUMBER OF CHILDREN IN SCHOOL AND PREPARE THE WORKFORCE OF TOMORROW. SHOWCASEWE SHOW THAT BUSINESSES CAN BE ACTIVE PARTNERS IN EDUCATING THE WORLD'S CHILDREN AND YOUTH. GBC-EDUCATION SHOWCASES ITS MEMBERS' WORK AND THEIR THOUGHT LEADERSHIP TO LARGE INTERNATIONAL AUDIENCES TO COMMUNICATE THE IMPORTANCE OF GETTING INVOLVED IN EDUCATION AND INSPIRE OTHERS TO ACT. WE IDENTIFY, HELP DOCUMENT, AND SHOWCASE EXEMPLARY EDUCATION INITIATIVES BY COMPANIES THAT ARE USING CORE ASSETS AND COMPETENCIES, INTERNAL POLICIES, SOCIAL RESPONSIBILITY, AND STRATEGIC PHILANTHROPY. DISCOVERWE FACILITATE RESEARCH PROJECTS THAT HELP BUSINESSES DISCOVER THE BEST OPPORTUNITIES FOR EFFECTIVE INVESTMENTS IN EDUCATION AND ESTABLISH BEST PRACTICES TO GUIDE CORPORATE EFFORTS THAT AIM TO PRODUCE REAL EDUCATIONAL OUTCOMES FOR CHILDREN AND YOUTH.
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0304991
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0300030
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0360000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt034855
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0229461
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01188449
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02112795
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02031473
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62550
IRS990ScheduleA/PublicSupportPY170Pct00.49950
IRS990ScheduleA/PublicSupportTotal170Amt01321530
IRS990ScheduleA/SubstantialContributorsTotAmt0791265
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0300030
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0360000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt034855
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0229461
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01188449
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02112795
IRS990ScheduleA/TotalSupportAmt02112795
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0706791
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0605021
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GBC-EDUCATION HAS PROCESSES IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. GBC-EDUCATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0706791
IRS990ScheduleD/TotalRevenuePerForm990Amt0605021
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0605021
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0706791
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt11
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt21
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0167845
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt117366
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt235000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2MIDDLE EAST AND NORTH AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0ADMINISTRATIVE SUPPORT TO PROGRAMS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SUPPORT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAM SUPPORT
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt03
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0220211
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION USED APPLICATIONS AND SUBSEQUENT REPORTING TO MONITOR ACTIVITIES.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/TotalEmployeeCnt03
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0220211
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MOST OF THE MANAGEMENT ACTIVITIES ARE PERFORMED BY THEIRWORLD, A RELATED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY DID NOT HAVE ANY COMMITTEES AS OF 11/30/18.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR TO FILING, FORM 990 IS DISTRIBUTED TO THE GOVERNING BOARD FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION PERIODICALLY TAKES ACTION TO MONITOR COMPLIANCE OF ALL EMPLOYEES WITH THE CONFLICTS OF INTEREST POLICY. THIS IS DONE THROUGH AN ANNUAL COMMUNICATION TO ALL EMPLOYEES SETTING FORTH THE POLICY AND ASKING EMPLOYEES TO REPORT ANY CONFLICTS OF INTEREST THAT VIOLATE THE POLICY. THE BOARD DIRECTORS SIGN CONFLICT OF INTEREST STATEMENTS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS NO COMPENSATION POLICIES AS IT DOES NOT COMPENSATE ITS TOP EXECUTIVE OR ITS OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT GENERALLY MAKE ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO PUBLIC, BUT WILL PROVIDE THEM TO PARTIES ON AN AS NEEDED BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONSULTING FEES: PROGRAM SERVICE EXPENSES 82,366. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 82,366.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION DOES NOT HAVE A COMMITTEE, HOWEVER THE BOARD REVIEWS AND APPROVES THE COMPILED FINANCIAL STATEMENTS. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0THEIRWORLD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THEIRWORLD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1THEIRWORLD PROJECTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/AddressLine1Txt0BROADGATE TOWER 20 PRIMROSE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/AddressLine1Txt1BROADGATE TOWER 20 PRIMROSE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CityNm0LONDON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CityNm1LONDON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CountryCd0UK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CountryCd1UK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/ProvinceOrStateNm0ENGLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/ProvinceOrStateNm1ENGLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileForeignCountryCd0UK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileForeignCountryCd1UK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATIONAL MISSION SIMILAR TO THE US ORGANIZATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1EDUCATIONAL MISSION SIMILAR TO THE US ORGANIZATION
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0167845
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THEIRWORLD PROJECTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0191667
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0231605
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0798048
IRS990/TotalAssetsEOYAmt0560418
IRS990/TotalAssetsGrp/BOYAmt0798048
IRS990/TotalAssetsGrp/EOYAmt0560418
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0300030
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0106555
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0600236
IRS990/TotalFunctionalExpensesGrp/TotalAmt0706791
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0181180
IRS990/TotalLiabilitiesEOYAmt045320
IRS990/TotalLiabilitiesGrp/BOYAmt0181180
IRS990/TotalLiabilitiesGrp/EOYAmt045320
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0616868
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0515098
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0600236
IRS990/TotalProgramServiceRevenueAmt0304991
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0304991
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0605021
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0798048
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0560418
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt011193
IRS990/TravelGrp/TotalAmt011193
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0425201
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0283493
IRS990/USAddress/AddressLine1Txt0599 LEXINGTON AVENUE
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010022
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.GBC-EDUCATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SARAH BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXEC CHAIR OF THE BD OF DIRECTORS
ReturnHeader/BusinessOfficerGrp/PhoneNum02031162735
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOBAL BUSINESS COALITION FOR EDUCATION
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0454960988

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$560,418
Liabilities
$45,320
Net assets
$515,098
Revenue
$605,021
Expenses
$706,791
Net income
-$101,770
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.23$0.11$2.12$1.79$1.56$0.22
2023Detailed filing. Detailed filing data is available for this year.$2.08$0.18$1.89$1.28$2.06$0.78
2022Detailed filing. Detailed filing data is available for this year.$2.85$0.19$2.67$2.34$2.42$0.09
2021Detailed filing. Detailed filing data is available for this year.$2.98$0.15$2.83$3.10$1.86$1.24
2020Detailed filing. Detailed filing data is available for this year.$1.80$0.21$1.59$2.55$1.65$0.90
2019Detailed filing. Detailed filing data is available for this year.$0.82$0.13$0.69$1.33$1.15$0.18
2018Detailed filing. Detailed filing data is available for this year.$0.56$0.05$0.52$0.61$0.71$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.80$0.18$0.62$0.80$0.59$0.20
2016Detailed filing. Detailed filing data is available for this year.$0.61$0.19$0.41$0.49$0.96$0.46
2015Detailed filing. Detailed filing data is available for this year.$1.04$0.16$0.88$1.06$1.38$0.32
2014Detailed filing. Detailed filing data is available for this year.$1.42$0.22$1.20$2.10$1.22$0.87
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.48$0.33$1.37$0.85$0.53
2010Summary only. Only limited summary data is available for this year.$0.18$0.37$0.19$0.13$0.32$0.19