Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Globesity
EIN 46-2301633 • 501(c)3 • Albany, NY
Profile
The primary exempt purpose is to provide primary obesity prevention by obesity-specialist physicians through obesity screening, education, nutritional and dietary counseling and psychosocial behavioral and dance therapies. This 6-month weight loss and weight loss maintenance program is free to target those ethnic groups with highest rates of obesity and the lowest rates of financial resources to pay for obesity treatment. In doing this, Globesity, Inc.'s primary goal is to reduce the incidence of such obesity related diseases such as hypertension, Type 2 diabetes mellitus, heart disease, stroke, peripheral vascular disease, arthritis, cancer and hepatitis( NASH) in the Capital Region and its contiguous communities.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.88x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
7th percentile
Higher net margin than 7% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
66th percentile
Faster asset growth than 66% of similar nonprofits.
Revenue Growth
35th percentile
Faster revenue growth than 35% of similar nonprofits.
Balance Sheet
Assets
Up$20,022
Up $1,541 (+8.3%) from 2017
Liabilities
Up$17,631
Up $1,062 (+6.4%) from 2017
Net Assets
Up$2,391
Up $479 (+25%) from 2017
Revenue
Down$2,259
Down $522 (-19%) from 2017
Expenses
Down$6,041
Down $2,655 (-31%) from 2017
Net Income
Up-$3,782
Up $2,133 (+36%) from 2017
Trend Graphs
Filings
Most recent year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $20,022
- Liabilities
- $17,631
- Net assets
- $2,391
- Revenue
- $2,259
- Expenses
- $6,041
- Net income
- -$3,782
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Apr 24, 2019
- Return Version
- 2018v3.0
- Gross Receipts
- $7,443
Mission and Program Overview
Mission
Globesity Inc.,'s purpose is to reduce the incidence and prevalence of obesity and obesity-related diseases in those ethnic groups with the highest rates of obesity but the lowest rate of financial resources or health insurance options to pay for primary and secondary obesity prevention treatment. By providing a free, 18-week primary and secondary obesity prevention program for those who qualify,using obesity specialist physicians, the incidence of obesity and obesity related diseases such as hypertension, type 2 diabetes, heart disease, stroke and others can be significantly reduced in those target populations.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Globesity Inc. provides a free 24-week weight loss/weight loss maintenance program to reduce the incidence and prevalence of obesity when obesity treatment itself has a 5% success rate. Our program was able to accomplish a 40% success rate or 8 time the national average by utilizing obesity-prevention physician specialists and focusing on the real aspects of obesity treatment that minimize relapse and weight gain. The 40% success rate was over an 8 fold increase in the current obesity treatment success rate. By utilizing obesity screening, education, nutritional and dietary counseling as well as psychosocial, behavioral and dance fitness therapies our participants lost over 1000 pounds in 24 weeks. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jeanette Thornton | President & Treasurer | PT | $0 | - | - |
| Emile Powe | Vice President | PT | $0 | - | - |
| Barry Walston | Secretary | - | $0 | - | - |
| Carol Tyrell | Director | - | $0 | - | - |
| Ireta London | Director | - | $0 | - | - |
| Mikki Ward Harper | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Globesity
- EIN
- 46-2301633
- Phone
- 5184369705
- Address
- 692 North Pearl Street, Albany, NY 12204
Signing Officer
- Name
- Jeanette Thornton
- Title
- President
- Phone
- 5184369705
- Signed
- 2019-04-24
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 20
“payments for the sale of Food management textbooks, cookbooks, cooking classes and aprons”
Form 990-EZ, Part II, Line 26
“printing, rental space and food for fundraiser, T shirts, entertainment for fundraiser, professional instructors and cash prizes for the biggest losers. Also, cooking supplies for cooking classes.”
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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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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Globesity Inc.,'s purpose is to reduce the incidence and prevalence of obesity and obesity-related diseases in those ethnic groups with the highest rates of obesity but the lowest rate of financial resources or health insurance options to pay for primary and secondary obesity prevention treatment. By providing a free, 18-week primary and secondary obesity prevention program for those who qualify,using obesity specialist physicians, the incidence of obesity and obesity related diseases such as hypertension, type 2 diabetes, heart disease, stroke and others can be significantly reduced in those target populations. |
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| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | Globesity Inc. is an obesity prevention corporation that offers free obesity prevention treatment to those ethnic groups with the highest rates of obesity and the lowest financial resources to treat this disease which according to the CDC is now an epidemic. Obesity prevention physicians provide weight management treatment for weight reduction and weight loss maintenance. Also, for the first time this year, we offered CHEF cooking classes to increase obesity prevention awareness and public outreach based on the tenets of culinary and lifestyle medicine with all proceeds going to Globesity Inc. In addition a new cookbook was released with again all proceeds going to Globesity Inc. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | payments for the sale of Food management textbooks, cookbooks, cooking classes and aprons |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | printing, rental space and food for fundraiser, T shirts, entertainment for fundraiser, professional instructors and cash prizes for the biggest losers. Also, cooking supplies for cooking classes. |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part II, Line 26 |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Jeanette Thornton |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
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| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 24.29.49.82 |
| ReturnHeader/ReturnTs | 0 | 2019-05-13T20:41:04-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.