Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
Globe Academy Foundation Inc
990EZ • Fiscal year 2018 • 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
83rd percentile
Higher net margin than 83% 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
84th percentile
Faster revenue growth than 84% of similar nonprofits.
Balance Sheet
Assets
Up$157,562
Up $45,317 (+40%) from 2017
Net Assets
Up$157,450
Up $45,317 (+40%) from 2017
Liabilities
Flat$112
Flat from 2017
Revenue And Expenses
Revenue
Up$155,771
Up $47,477 (+44%) from 2017
Expenses
Up$110,394
Up $35,395 (+47%) from 2017
Net Income
Up$45,377
Up $12,082 (+36%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2017 to Jun 30, 2018
- Signed
- May 15, 2019
- Return Version
- 2017v2.2
- Gross Receipts
- $155,771
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. | $97,586 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JASON KORZAN | Treasurer | PT | $0 | - | - |
| KIM ROSERO | Chairman | PT | $0 | - | - |
| APRIL FIELDS | Secretary | PT | $0 | - | - |
| KADY WEINGART | Chairman | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Globe Academy Foundation Inc
- EIN
- 46-4838222
- Phone
- 4046762749
- Address
- PO Box 98348, Atlanta, GA 30359
Signing Officer
- Name
- Jason Korzan
- Title
- Treasurer
- Signed
- 2019-05-15
- 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.1012
“Insurance $1051”
Other Expenses.1
“Classroom support $58609”
Other Expenses.2
“Auction expense $10722”
Other Expenses.3
“Spirit Wear $10274”
Other Expenses.4
“Teacher grants $8540”
Other Expenses.5
“Fund reserve $6535”
Other Expenses.6
“Global awareness $5793”
Other Expenses.7
“MIscellaneous overhead $3894”
Other Expenses.8
“MIscellaneous program expenses $3376”
Other Expenses.9
“Communications Coordination $272”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $112 Accounts Payable and Accrued Expenses - Ending $112”
Raw XML Appendix144 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 | JASON KORZAN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4046762749 |
| 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 | 112245 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 157562 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 45377 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 943 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 112245 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 157562 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 155771 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 112133 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 157450 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 112133 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 157450 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 385 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JASON KORZAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KIM ROSERO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | APRIL FIELDS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | KADY WEINGART |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Chairman |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -60 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 109066 |
| 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 | 155771 |
| 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 | 97586 |
| 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 | 110394 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 97586 |
| IRS990EZ/TotalRevenueAmt | 0 | 155771 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.globeptcc.weebly.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 | Insurance $1051 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Classroom support $58609 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Auction expense $10722 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Spirit Wear $10274 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Teacher grants $8540 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Fund reserve $6535 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Global awareness $5793 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | MIscellaneous overhead $3894 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | MIscellaneous program expenses $3376 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Communications Coordination $272 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Accounts Payable and Accrued Expenses - Beginning $112 Accounts Payable and Accrued Expenses - Ending $112 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.1001 |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JASON KORZAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Globe Academy Foundation Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GLOB |
| ReturnHeader/Filer/EIN | 0 | 464838222 |
| ReturnHeader/Filer/PhoneNum | 0 | 4046762749 |
| 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/PreparerFirmEIN | 0 | 030452982 |
| 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 | 2019-05-15T06:44:51-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-06-30 |
| ReturnHeader/TaxYr | 0 | 2017 |
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.
- Assets
- $157,562
- Liabilities
- $112
- Net assets
- $157,450
- Revenue
- $155,771
- Expenses
- $110,394
- Net income
- $45,377