Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Globe Academy Foundation Inc
990EZ • Fiscal year 2021 • EIN 46-4838222
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
53rd percentile
Higher net margin than 53% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% 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
20th percentile
Faster revenue growth than 20% of similar nonprofits.
Balance Sheet
Assets
Down$49,922
Down $141,196 (-74%) from 2020
Net Assets
Down$49,922
Down $141,196 (-74%) from 2020
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Down$75,822
Down $54,930 (-42%) from 2020
Expenses
Down$67,485
Down $56,525 (-46%) from 2020
Net Income
Up$8,337
Up $1,595 (+24%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2020 to Jun 30, 2021
- Signed
- May 6, 2022
- Return Version
- 2020v4.0
- Gross Receipts
- $75,822
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. | $64,734 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| NAMITA AGRAVAT | Treasurer | PT | $0 | - | - |
| LAURA HANCOCK | Chairman | PT | $0 | - | - |
| MICHELLE RIOS | Chairman | PT | $0 | - | - |
| KRISTEENA SPIVEY | Secretary | 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
- Farah Chang
- Title
- Treasurer
- Signed
- 2022-05-06
- 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 $626”
Other Expenses.1
“Classroom support $47278”
Other Expenses.2
“Other costs $9046”
Other Expenses.3
“Spirit wear $1916”
Other Expenses.4
“Auction expenses $1771”
Other Expenses.5
“Global awareness $250”
Other Expenses.6
“Teacher mini grants $-1225”
Raw XML Appendix139 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 | FARAH CHANG |
| 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 | 191118 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 49922 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 8337 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 315 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 191118 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 49922 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 75822 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 191118 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 49922 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 191118 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 49922 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 7508 |
| 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 | NAMITA AGRAVAT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | LAURA HANCOCK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MICHELLE RIOS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | KRISTEENA SPIVEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -149533 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 59662 |
| 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 | 75822 |
| 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 | 64734 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 67485 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 64734 |
| IRS990EZ/TotalRevenueAmt | 0 | 75822 |
| 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 $626 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Classroom support $47278 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Other costs $9046 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Spirit wear $1916 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Auction expenses $1771 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Global awareness $250 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Teacher mini grants $-1225 |
| 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 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | FARAH CHANG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-05-06 |
| 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 | 2022-05-06T05:13:41-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | FARAH |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | CHANG |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-06-30 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $49,922
- Liabilities
- -
- Net assets
- $49,922
- Revenue
- $75,822
- Expenses
- $67,485
- Net income
- $8,337