Civic Intelligence

Globesity

990EZ • Fiscal year 2018 • EIN 46-2301633

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 24, 2019

Organization ProfileGlobesityInc.com
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

0.88x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

99th percentile

7.80x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

3rd percentile

-167%

Higher net margin than 3% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

61st percentile

8.3%

Faster asset growth than 61% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

25th percentile

-19%

Faster revenue growth than 25% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$20,022

Up $1,541 (+8.3%) from 2017

Net Assets

Up

$2,391

Up $479 (+25%) from 2017

Liabilities

Up

$17,631

Up $1,062 (+6.4%) from 2017

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin3rd percentile

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

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

2018

Assets$20,022
Liabilities$17,631
Net Assets$2,391
Open 2018 Filing

Operations Trend

Revenue Growth25th percentile

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

2018

Revenue$2,259
Expenses$6,041
Net Income-$3,782
Open 2018 Filing
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

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 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
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeanette ThorntonPresident & TreasurerPT$0--
Emile PoweVice PresidentPT$0--
Barry WalstonSecretary-$0--
Carol TyrellDirector-$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
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.”

Raw XML Appendix195 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/OfficerDirectorTrusteeEmplGrp/PersonNm5Mikki Ward Harper
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
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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, 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.
IRS990EZ/PrintingPublicationsPostageAmt0857
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 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Globesity 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/ExplanationTxt0payments for the sale of Food management textbooks, cookbooks, cooking classes and aprons
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1printing, 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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Jeanette Thornton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05184369705
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-24
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/ReturnTs02019-05-13T20:41:04-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$20,022
Liabilities
$17,631
Net assets
$2,391
Revenue
$2,259
Expenses
$6,041
Net income
-$3,782
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$20.0$17.6$2.39$2.26$6.04$3.78
2017Detailed filing. Detailed filing data is available for this year.$18.5$16.6$1.91$2.78$8.70$5.92
2016Summary only. Only limited summary data is available for this year.$12.8$0.00$0.58$5.72$5.15
2015Detailed filing. Detailed filing data is available for this year.$0.00$37.6$37.6$7.70$11.6$19.3