Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
Globe Academy Foundation Inc
990EZ • Fiscal year 2017 • EIN 46-4838222
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
57th percentile
Higher debt load relative to revenue than 57% of similar nonprofits.
Net Margin
84th percentile
Higher net margin than 84% 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
82nd percentile
Faster asset growth than 82% of similar nonprofits.
Revenue Growth
17th percentile
Faster revenue growth than 17% of similar nonprofits.
Balance Sheet
Assets
Up$112,245
Up $33,295 (+42%) from 2016
Net Assets
Up$112,133
Up $33,295 (+42%) from 2016
Liabilities
Flat$112
Flat from 2016
Revenue And Expenses
Revenue
Down$108,294
Down $44,147 (-29%) from 2016
Expenses
Down$74,999
Down $52,903 (-41%) from 2016
Net Income
Up$33,295
Up $8,756 (+36%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2016 to Jun 30, 2017
- Signed
- May 11, 2018
- Return Version
- 2016v3.0
- Gross Receipts
- $108,294
Mission and Program Overview
Mission
The foundation offers to further the mission and the purposes of the school, including by providing resources for improvements to the school's faculty, facilities, technology, teacher and program improvements. The activities of the foundation will be to solicit charitable contributions, to expand funds to offset expenses of the school's eductional activities that are not funded by public authorities, and to seek to raise an endowment to generate future income for similar purposes.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The foundation offers to further the mission and the purposes of the school, including by providing resources for improvements to the school's faculty, facilities, technology, teacher and program improvements. The activities of the foundation will be to solicit charitable contributions, to expand funds to offset expenses of the school's eductional activities that are not funded by public authorities, and to seek to raise an endowment to generate future income for similar purposes. | $71,915 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JARED BRANDMAN | Director | - | $0 | - | - |
| SHAWN MADGETT | Treasurer | PT | $0 | - | - |
| KIM ROSERO | Chairman | PT | $0 | - | - |
| RACHEL MAY | Chairman | PT | $0 | - | - |
| LIEANA CUI | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Globe Academy Foundation Inc
- EIN
- 46-4838222
- Phone
- 4044647040
- Address
- PO Box 98348, Atlanta, GA 30359
Signing Officer
- Name
- Kim Rosero
- Title
- Chairman
- Signed
- 2018-05-11
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Melissa D Preston CPA PC
- Address
- 50 Hurt Plaza SE Suite 1438, Atlanta, GA 30303
- Preparer
- Melissa Preston
- Phone
- 4042145007
Supplemental Narrative
Additional Explanations
Other Expenses.1002
“Office Expenses $208”
Other Expenses.1003
“Information Technology $104”
Other Expenses.1012
“Insurance $1083”
Other Expenses.1
“Classroom support $31041”
Other Expenses.2
“WISHLIST GRANT $13918”
Other Expenses.3
“Yearbook $7460”
Other Expenses.4
“GLOBAL AWARENESS $6186”
Other Expenses.5
“Schhol fund reserve $4938”
Other Expenses.6
“ANNUAL FUND $3450”
Other Expenses.7
“Field Day $2075”
Other Expenses.8
“Communications coordination $1714”
Other Expenses.9
“Campus beautification $647”
Other Expenses.10
“MIscellaneous overhead $399”
Other Expenses.11
“Miscellaneous program expense $300”
Other Expenses.12
“Book Fair $186”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $112 Accounts Payable and Accrued Expenses - Ending $112”
Raw XML Appendix156 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Kim Rosero |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4045580444 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 93348 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ATLANTA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 30359 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 78950 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 112245 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 33295 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1290 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 78950 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 112245 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 108294 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 78838 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 112133 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 78838 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 112133 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JARED BRANDMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SHAWN MADGETT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KIM ROSERO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | RACHEL MAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | LIEANA CUI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 73709 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The foundation offers to further the mission and the purposes of the school, including by providing resources for improvements to the school's faculty, facilities, technology, teacher and program improvements. The activities of the foundation will be to solicit charitable contributions, to expand funds to offset expenses of the school's eductional activities that are not funded by public authorities, and to seek to raise an endowment to generate future income for similar purposes. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 108294 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The foundation offers to further the mission and the purposes of the school, including by providing resources for improvements to the school's faculty, facilities, technology, teacher and program improvements. The activities of the foundation will be to solicit charitable contributions, to expand funds to offset expenses of the school's eductional activities that are not funded by public authorities, and to seek to raise an endowment to generate future income for similar purposes. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 71915 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 112 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 112 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 74999 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 71915 |
| IRS990EZ/TotalRevenueAmt | 0 | 108294 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://globeacademyptcc.ptoffice.com/ |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Office Expenses $208 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Information Technology $104 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Insurance $1083 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Classroom support $31041 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | WISHLIST GRANT $13918 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Yearbook $7460 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | GLOBAL AWARENESS $6186 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Schhol fund reserve $4938 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | ANNUAL FUND $3450 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Field Day $2075 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | COMMUNICATIONS COORDINATION $1714 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | CAMPUS BEAUTIFICATION $647 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | MIscellaneous overhead $399 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | MISCELLANEOUS PROGRAM EXPENSE $300 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Book Fair $186 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Accounts Payable and Accrued Expenses - Beginning $112 Accounts Payable and Accrued Expenses - Ending $112 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Expenses.9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Expenses.10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Other Expenses.11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Other Expenses.12 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Total Liabilities.1001 |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Kim Rosero |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Chairman |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-05-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Globe Academy Foundation Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GLOB |
| ReturnHeader/Filer/EIN | 0 | 464838222 |
| ReturnHeader/Filer/PhoneNum | 0 | 4044647040 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 98348 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Atlanta |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 30359 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Melissa D Preston CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 50 Hurt Plaza SE Suite 1438 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Atlanta |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 30303 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4042145007 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Melissa Preston |
| ReturnHeader/ReturnTs | 0 | 2018-05-11T09:59:02-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-06-30 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $112,245
- Liabilities
- $112
- Net assets
- $112,133
- Revenue
- $108,294
- Expenses
- $74,999
- Net income
- $33,295