Civic Intelligence

Globe Academy Foundation Inc

990EZ • Fiscal year 2020 • EIN 46-4838222

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 13, 2021

Organization Profilewww.globeptcc.weebly.com
PO Box 98348Atlanta, GA 30359

(404) 676-2749

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

50th percentile

5.2%

Higher net margin than 50% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

50th percentile

3.6%

Faster asset growth than 50% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

54th percentile

-9.4%

Faster revenue growth than 54% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$191,118

Up $6,630 (+3.6%) from 2019

Net Assets

Up

$191,118

Up $6,742 (+3.7%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin50th percentile

Revenue

Down

$130,752

Down $13,509 (-9.4%) from 2019

Expenses

Up

$124,010

Up $6,675 (+5.7%) from 2019

Net Income

Down

$6,742

Down $20,184 (-75%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$300K$200K$100K$0Assets 2015: $65,160Liabilities 2015: $0Net Assets 2015: $65,1602015Assets 2016: $78,950Liabilities 2016: $112Net Assets 2016: $78,8382016Assets 2017: $112,245Liabilities 2017: $112Net Assets 2017: $112,1332017Assets 2018: $157,562Liabilities 2018: $112Net Assets 2018: $157,4502018Assets 2019: $184,488Liabilities 2019: $112Net Assets 2019: $184,3762019Assets 2020: $191,118Net Assets 2020: $191,1182020Assets 2021: $49,922Net Assets 2021: $49,9222021Assets 2022: $246,225Net Assets 2022: $246,2252022Assets 2023: $277,881Liabilities 2023: $0Net Assets 2023: $277,8812023Assets 2024: $216,596Liabilities 2024: $0Net Assets 2024: $216,5962024Assets 2025: $159,776Liabilities 2025: $0Net Assets 2025: $159,7762025

Highlighted filing

2020

Assets$191,118
Liabilities-
Net Assets$191,118
Open 2020 Filing

Operations Trend

Revenue Growth54th percentile

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

$300K$200K$100K$0-$100KRevenue 2015: $64,497Expenses 2015: $14,292Net Income 2015: $50,2052015Revenue 2016: $152,441Expenses 2016: $127,902Net Income 2016: $24,5392016Revenue 2017: $108,294Expenses 2017: $74,999Net Income 2017: $33,2952017Revenue 2018: $155,771Expenses 2018: $110,394Net Income 2018: $45,3772018Revenue 2019: $144,261Expenses 2019: $117,335Net Income 2019: $26,9262019Revenue 2020: $130,752Expenses 2020: $124,010Net Income 2020: $6,7422020Revenue 2021: $75,822Expenses 2021: $67,485Net Income 2021: $8,3372021Revenue 2022: $114,389Expenses 2022: $67,620Net Income 2022: $46,7692022Revenue 2023: $138,300Expenses 2023: $106,644Net Income 2023: $31,6562023Revenue 2024: $145,007Expenses 2024: $206,292Net Income 2024: -$61,2852024Revenue 2025: $109,127Expenses 2025: $161,799Net Income 2025: -$52,6722025

Highlighted filing

2020

Revenue$130,752
Expenses$124,010
Net Income$6,742
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 13, 2021
Return Version
2019v5.0
Gross Receipts
$130,752
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

DescriptionGrantsExpenses
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.$114,393-
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NAMITA AGRAVATTreasurerPT$0--
APRIL FIELDSChairmanPT$0--
MICHELLE RIOSChairmanPT$0--
CHRISTINA WAIDESecretaryPT$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
Namita Agravat
Title
Treasurer
Signed
2021-01-13
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 $1214”

Other Expenses.1

“Classroom support $77851”

Other Expenses.2

“Teacher mini grants $12985”

Other Expenses.3

“Global awareness $8477”

Other Expenses.4

“Auction expenses $7342”

Other Expenses.5

“Spirit wear $7185”

Other Expenses.6

“MIsc Operating expenses $3161”

Other Expenses.7

“Communications support $553”

Total Liabilities.1

“Accounts payable and accrued expenses - Beginning $112 Accounts payable and accrued expenses - Ending $0”

Raw XML Appendix138 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/PhoneNum04046762749
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ATLANTA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030359
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0184488
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IRS990EZ/FundraisingGrossIncomeAmt00
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1APRIL FIELDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MICHELLE RIOS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0118768
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The 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/ProgramServiceRevenueAmt0130752
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The 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/GrantsAndAllocationsAmt0114393
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0112
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0124010
IRS990EZ/TotalProgramServiceExpensesAmt0114393
IRS990EZ/TotalRevenueAmt0130752
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.globeptcc.weebly.com
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Insurance $1214
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Classroom support $77851
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Teacher mini grants $12985
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Global awareness $8477
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Auction expenses $7342
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Spirit wear $7185
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MIsc Operating expenses $3161
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Communications support $553
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts payable and accrued expenses - Beginning $112 Accounts payable and accrued expenses - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NAMITA AGRAVAT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Globe Academy Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0464838222
ReturnHeader/Filer/PhoneNum04046762749
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 98348
ReturnHeader/Filer/USAddress/CityNm0Atlanta
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030359
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030452982
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Melissa D Preston CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 Hurt Plaza SE Suite 1438
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Atlanta
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030303
ReturnHeader/PreparerPersonGrp/PhoneNum04042145007
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Melissa Preston
ReturnHeader/ReturnTs02021-01-13T10:15:21-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$191,118
Liabilities
-
Net assets
$191,118
Revenue
$130,752
Expenses
$124,010
Net income
$6,742
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.60$0.00$1.60$1.09$1.62$0.53
2024Detailed filing. Detailed filing data is available for this year.$2.17$0.00$2.17$1.45$2.06$0.61
2023Detailed filing. Detailed filing data is available for this year.$2.78$0.00$2.78$1.38$1.07$0.32
2022Detailed filing. Detailed filing data is available for this year.$2.46$2.46$1.14$0.68$0.47
2021Detailed filing. Detailed filing data is available for this year.$0.50$0.50$0.76$0.67$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.91$1.91$1.31$1.24$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$1.44$1.17$0.27
2018Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.57$1.56$1.10$0.45
2017Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$1.08$0.75$0.33
2016Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$1.52$1.28$0.25
2015Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.64$0.14$0.50