Liabilities / Assets
68th percentile
Higher debt load relative to assets than 68% of similar nonprofits.
Global Midwest Alliance
990 • Fiscal year 2020 • EIN 46-3074458
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.04x
Liabilities / Revenue
72nd percentile
Higher debt load relative to revenue than 72% of similar nonprofits.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
5th percentile
Faster asset growth than 5% of similar nonprofits.
Revenue Growth
5th percentile
Faster revenue growth than 5% of similar nonprofits.
Balance Sheet
Assets
Down$37,767
Down $109,876 (-74%) from 2019
Net Assets
Down$36,399
Down $109,646 (-75%) from 2019
Liabilities
Down$1,368
Down $230 (-14%) from 2019
Revenue And Expenses
Revenue
Down$23,000
Down $240,250 (-91%) from 2019
Expenses
Down$132,646
Down $131,868 (-50%) from 2019
Net Income
Down-$109,646
Down $108,382 (-8575%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- May 15, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $23,000
Mission and Program Overview
Mission
Leveraging existing resources to develop new products and find customers throughout the world. The alliance is the private sector liaison office for the world bank and a member of global connect. Through these and other affiliations, the alliance facilitates access to global business opportunities for midwest business. The alliance offers educational and networking opportunities through a variety of programs and resources designed to promote innovation, technology development and access to global opportunities in the clean technology, energy, food, logistics, manufacturing and water industries.
Global midwest alliance is a business-led, region-wide not-for-profit educational organization
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $113,936 | $37,767 | ▼ $76,169 |
| Rtn Earn Endowment Incm Other Fnds | $146,045 | $36,399 | ▼ $109,646 |
| Other Notes and Loans Receivable, Net | $33,707 | - | - |
| Total Assets | $147,643 | $37,767 | ▼ $109,876 |
| Liabilities | |||
| Other Liabilities | $1,598 | $1,368 | ▼ $230 |
| Total Liabilities | $1,598 | $1,368 | ▼ $230 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $146,045 | $36,399 | ▼ $109,646 |
| Total Liabilities and Net Assets / Fund Balance | $147,643 | $37,767 | ▼ $109,876 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Anthony Nasharr | Chairman |
| Gail Longmore | CEO & Managi |
| Thomas Hacker | Secretary |
| Mil Ovan | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $23,000
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $0
- All Other Contributions
- $23,000
- Change in Net Assets
- $-109,646
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $132,646 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | $108,563 | - | - | $108,563 |
| Other Expenses | $2,608 | - | - | $2,608 |
| Advertising | $1,412 | - | - | $1,412 |
| All Other Expenses | $877 | - | - | $877 |
| Total Functional Expenses | $132,646 | $0 | $0 | $132,646 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Credit Card Payable | $1,368 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Business relationship with 35% controlled entity
- No
- 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
- No
Governance Explanations
Form 990, Page 6, Part VI, Line 11B
“Form 990 will be circulated to the board for comment and approval.”
Form 990, Page 6, Part VI, Line 12C
“Each covered person has signed a statement acknowledging that he or she has received a copy of this policy, has read and understands it, and agrees to comply with it. If the board of directors has reasonable cause to believe that a covered person has failed to comply with this policy, the board may counsel the covered person regarding such failure and, if the issue is not resolved to the board's satisfaction, may consider additional corrective as appropriate.”
Form 990, Page 6, Part VI, Line 19
“UPON REQUEST”
Filing and Contact Details
Filer
- Filer Name
- Global Midwest Alliance
- EIN
- 46-3074458
- Phone
- 8888080462
- Address
- 1 N WACKER DR SUITE 1700, CHICAGO, IL 60606
- Doing Business As
- Global Midwest Alliance
Signing Officer
- Name
- Gail Longmore
- Title
- CEO & Managing Director
- Phone
- 8888080462
- Signed
- 2021-05-15
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Gail Longmore
- Formed
- 2012
- Legal Domicile
- Il
- Voting Board Members
- 3
- Independent Board Members
- 3
- Employees
- 0
Preparer
- Firm
- D'ANDREA & ASSOCIATES LTD
- Address
- 53 W JACKSON BLVD STE 260, CHICAGO, IL 60604-3445
- Preparer
- CHRISTOPHER D'ANDREA
- Phone
- 3123419999
Supplemental Narrative
Additional Explanations
FORM 990 - ORGANIZATION'S MISSION
“Leveraging existing resources to develop new products and find customers throughout the world. The alliance is the private sector liaison office for the world bank and a member of global connect. Through these and other affiliations, the alliance facilitates access to global business opportunities for midwest business. The alliance offers educational and networking opportunities through a variety of programs and resources designed to promote innovation, technology development and access to global opportunities in the clean technology, energy, food, logistics, manufacturing and water industries.”
Form 990, Page 2, Part III, Line 4D
“Other services, including providing services as a private sector liaison office for the world bank and other international development banks; facilitating to access to global business opportunities, programs and resources for midwest businesses; encouraging and promoting educational and networking opportunities designed to promote innovation, technology development, and access to global opportunities in the clean technology, energy, food, logistics, manufacturing and water industries; and assisting businesses to grow by leveraging existing resources to develop new products and find customers throughout the world; and other services designed to transform the midwest into an internationally recognized leader in innovation and business growth.”
Raw XML Appendix297 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/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CHAIRMAN |
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| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 2012 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 23000 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
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| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | LEVERAGING EXISTING RESOURCES TO DEVELOP NEW PRODUCTS AND FIND CUSTOMERS THROUGHOUT THE WORLD. THE ALLIANCE IS THE PRIVATE SECTOR LIAISON OFFICE FOR THE WORLD BANK AND A MEMBER OF GLOBAL CONNECT. THROUGH THESE AND OTHER AFFILIATIONS, THE ALLIANCE FACILITATES ACCESS TO GLOBAL BUSINESS OPPORTUNITIES FOR MIDWEST BUSINESS. THE ALLIANCE OFFERS EDUCATIONAL AND NETWORKING OPPORTUNITIES THROUGH A VARIETY OF PROGRAMS AND RESOURCES DESIGNED TO PROMOTE INNOVATION, TECHNOLOGY DEVELOPMENT AND ACCESS TO GLOBAL OPPORTUNITIES IN THE CLEAN TECHNOLOGY, ENERGY, FOOD, LOGISTICS, MANUFACTURING AND WATER INDUSTRIES. |
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| IRS990/NondeductibleContributionsInd | 0 | false |
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| IRS990/OperateHospitalInd | 0 | false |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | LEVERAGING EXISTING RESOURCES TO DEVELOP NEW PRODUCTS AND FIND CUSTOMERS THROUGHOUT THE WORLD. THE ALLIANCE IS THE PRIVATE SECTOR LIAISON OFFICE FOR THE WORLD BANK AND A MEMBER OF GLOBAL CONNECT. THROUGH THESE AND OTHER AFFILIATIONS, THE ALLIANCE FACILITATES ACCESS TO GLOBAL BUSINESS OPPORTUNITIES FOR MIDWEST BUSINESS. THE ALLIANCE OFFERS EDUCATIONAL AND NETWORKING OPPORTUNITIES THROUGH A VARIETY OF PROGRAMS AND RESOURCES DESIGNED TO PROMOTE INNOVATION, TECHNOLOGY DEVELOPMENT AND ACCESS TO GLOBAL OPPORTUNITIES IN THE CLEAN TECHNOLOGY, ENERGY, FOOD, LOGISTICS, MANUFACTURING AND WATER INDUSTRIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | OTHER SERVICES, INCLUDING PROVIDING SERVICES AS A PRIVATE SECTOR LIAISON OFFICE FOR THE WORLD BANK AND OTHER INTERNATIONAL DEVELOPMENT BANKS; FACILITATING TO ACCESS TO GLOBAL BUSINESS OPPORTUNITIES, PROGRAMS AND RESOURCES FOR MIDWEST BUSINESSES; ENCOURAGING AND PROMOTING EDUCATIONAL AND NETWORKING OPPORTUNITIES DESIGNED TO PROMOTE INNOVATION, TECHNOLOGY DEVELOPMENT, AND ACCESS TO GLOBAL OPPORTUNITIES IN THE CLEAN TECHNOLOGY, ENERGY, FOOD, LOGISTICS, MANUFACTURING AND WATER INDUSTRIES; AND ASSISTING BUSINESSES TO GROW BY LEVERAGING EXISTING RESOURCES TO DEVELOP NEW PRODUCTS AND FIND CUSTOMERS THROUGHOUT THE WORLD; AND OTHER SERVICES DESIGNED TO TRANSFORM THE MIDWEST INTO AN INTERNATIONALLY RECOGNIZED LEADER IN INNOVATION AND BUSINESS GROWTH. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FORM 990 WILL BE CIRCULATED TO THE BOARD FOR COMMENT AND APPROVAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | EACH COVERED PERSON HAS SIGNED A STATEMENT ACKNOWLEDGING THAT HE OR SHE HAS RECEIVED A COPY OF THIS POLICY, HAS READ AND UNDERSTANDS IT, AND AGREES TO COMPLY WITH IT. IF THE BOARD OF DIRECTORS HAS REASONABLE CAUSE TO BELIEVE THAT A COVERED PERSON HAS FAILED TO COMPLY WITH THIS POLICY, THE BOARD MAY COUNSEL THE COVERED PERSON REGARDING SUCH FAILURE AND, IF THE ISSUE IS NOT RESOLVED TO THE BOARD'S SATISFACTION, MAY CONSIDER ADDITIONAL CORRECTIVE AS APPROPRIATE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 147643 |
| IRS990/TotalAssetsEOYAmt | 0 | 37767 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 147643 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 37767 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 23000 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 132646 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 132646 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1598 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1368 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1598 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1368 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 146045 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 36399 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 120372 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 132646 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 23000 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 147643 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 37767 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1 N WACKER DR SUITE 1700 |
| IRS990/USAddress/CityNm | 0 | CHICAGO |
| IRS990/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/USAddress/ZIPCd | 0 | 60606 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | WWW.GLOBALMIDWESTALLIANCE.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GAIL LONGMORE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO & MANAGING DIR. |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8888080462 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GLOBAL MIDWEST ALLIANCE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GLOB |
| ReturnHeader/Filer/EIN | 0 | 463074458 |
| ReturnHeader/Filer/PhoneNum | 0 | 8888080462 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1 N WACKER DR SUITE 1700 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CHICAGO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60606 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 364028688 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | D'ANDREA & ASSOCIATES LTD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 53 W JACKSON BLVD STE 260 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CHICAGO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 606043445 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3123419999 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-05-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CHRISTOPHER D'ANDREA |
| ReturnHeader/ReturnTs | 0 | 2021-05-12T15:54:23-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | GAIL |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | LONGMORE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $37,767
- Liabilities
- $1,368
- Net assets
- $36,399
- Revenue
- $23,000
- Expenses
- $132,646
- Net income
- -$109,646