Civic Intelligence

Globesity

990EZ • Fiscal year 2017 • EIN 46-2301633

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 23, 2018

692 North Pearl StreetAlbany, NY 12204

(518) 436-9705

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.90x

Higher debt load relative to assets than 93% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

99th percentile

5.96x

Higher debt load relative to revenue than 99% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

3rd percentile

-213%

Higher net margin than 3% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

83rd percentile

44%

Faster asset growth than 83% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

98th percentile

382%

Faster revenue growth than 98% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$18,481

Up $5,662 (+44%) from 2016

Net Assets

$1,912

No earlier filing loaded for comparison.

Liabilities

Up

$16,569

Up $16,569 from 2016

Revenue

Up

$2,781

Up $2,204 (+382%) from 2016

Expenses

Up

$8,696

Up $2,973 (+52%) from 2016

Net Income

Down

-$5,915

Down $769 (-15%) from 2016

Historical Trend

Balance Sheet Trend

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

$40K$20K$0-$20K-$40KAssets 2015: $1Liabilities 2015: $37,611Net Assets 2015: -$37,6112015Assets 2016: $12,819Liabilities 2016: $02016Assets 2017: $18,481Liabilities 2017: $16,569Net Assets 2017: $1,9122017Assets 2018: $20,022Liabilities 2018: $17,631Net Assets 2018: $2,3912018

Highlighted filing

2017

Assets$18,481
Liabilities$16,569
Net Assets$1,912

Operations Trend

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

$20K$10K$0-$10K-$20KRevenue 2015: -$7,697Expenses 2015: $11,582Net Income 2015: -$19,2792015Revenue 2016: $577Expenses 2016: $5,723Net Income 2016: -$5,1462016Revenue 2017: $2,781Expenses 2017: $8,696Net Income 2017: -$5,9152017Revenue 2018: $2,259Expenses 2018: $6,041Net Income 2018: -$3,7822018

Highlighted filing

2017

Revenue$2,781
Expenses$8,696
Net Income-$5,915
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 23, 2018
Return Version
2017v2.0
Gross Receipts
$9,735
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.

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, 24-week primary and secondary obesity prevention program 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

DescriptionGrantsExpenses
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 59% success rate by utilizing obesity-prevention physician specialists and focusing on the real aspects of obesity treatment that minimize relapse and weight gain. The 59% success rate was over an 10 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.$0$8,696
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeanette ThorntonPresident & TreasurerPT$0--
Emile PoweVice PresidentPT$0--
Barry WalstonSecretary-$0--
Richard ProppDirector-$0--
Janice Pride-BooneDirector-$0--
Carol TyrellDirector-$0--
June BeckfordDirector-$0--
Ireta LondonDirector-$0--
Mikki Ward HarperDirector-$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
2018-04-23
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

This is the dollar amount of cookbooks, textbooks and T shirts sold on site during the fundraiser

Form 990-EZ, Part I, Line 20

After reading page 16 on the instructions, I understood what you were asking when previously I didn't understand what other changes in net assets meant. Therefore, the corrected cash asset fund balance for this year was based on all monies collected from the sale of cookbooks, textbooks and T-shirts outside of those funds collected directly at the fundraising event. These monies were deposited directly into savings.

Form 990-EZ, Part II, Line 26

This is the amount that should have been entered

Raw XML Appendix212 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Albany
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Barry Walston
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Richard Propp
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Carol Tyrell
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Mikki Ward Harper
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
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IRS990EZ/PrimaryExemptPurposeTxt0Globesity 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, 24-week primary and secondary obesity prevention program 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.
IRS990EZ/PrintingPublicationsPostageAmt01742
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Globesity 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 59% success rate by utilizing obesity-prevention physician specialists and focusing on the real aspects of obesity treatment that minimize relapse and weight gain. The 59% success rate was over an 10 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0This is the dollar amount of cookbooks, textbooks and T shirts sold on site during the fundraiser
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1After reading page 16 on the instructions, I understood what you were asking when previously I didn't understand what other changes in net assets meant. Therefore, the corrected cash asset fund balance for this year was based on all monies collected from the sale of cookbooks, textbooks and T-shirts outside of those funds collected directly at the fundraising event. These monies were deposited directly into savings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2This is the amount that should have been entered
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Jeanette Thornton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05184369705
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOBESITY
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0462301633
ReturnHeader/Filer/PhoneNum05184369705
ReturnHeader/Filer/USAddress/AddressLine1Txt0692 North Pearl Street
ReturnHeader/Filer/USAddress/CityNm0Albany
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012204
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.29.49.82
ReturnHeader/ReturnTs02018-05-14T12:03:59-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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