Civic Intelligence

Globe Academy Foundation Inc

990EZ • Fiscal year 2023 • EIN 46-4838222

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 09, 2023

PO Box 98348Atlanta, GA 30359

(000) 000-0000

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

76th percentile

23%

Higher net margin than 76% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

67th percentile

13%

Faster asset growth than 67% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

66th percentile

21%

Faster revenue growth than 66% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$277,881

Up $31,656 (+13%) from 2022

Net Assets

Up

$277,881

Up $31,656 (+13%) from 2022

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$138,300

Up $23,911 (+21%) from 2022

Expenses

Up

$106,644

Up $39,024 (+58%) from 2022

Net Income

Down

$31,656

Down $15,113 (-32%) from 2022

Historical Trend

Balance Sheet Trend

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

2023

Assets$277,881
Liabilities$0
Net Assets$277,881

Operations Trend

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

2023

Revenue$138,300
Expenses$106,644
Net Income$31,656
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$138,300
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.

The foundation offers to further the mission and the purposes of the school including providing resources for improvements to the schools faculty facilities technology teach and program improvements The activities of the foundation will be to solicit charitable contributions to expand funds to offset expenses of the schools education activities that are not funded by public authorities and seek to raise an endowment to generate future income for similar purposes

Program Services

DescriptionGrantsExpenses
0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ana Catarina TeixeiraCo-ChairPT$0--
Ariel IntondiSecretaryPT$0--
Melissa LevineCo-ChairPT$0--
Ann TehTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Globe Academy Foundation Inc
EIN
46-4838222
Phone
0000000000
Address
PO Box 98348, Atlanta, GA 30359

Signing Officer

Name
Ann Teh
Title
Treasurer
Phone
0000000000
Signed
2023-11-09
Supplemental Narrative

Additional Explanations

Schedule O:

Form 990-EZ, Part I, Line 16 - Other Expenses Description Amount Expenses Insurance $ 925 Classroom Support $ 50,869 Auction Expenses $ 24,265 Global Awareness $ 6,223 Spirit Wear $ 12,150 Other costs $ 6,609 Supplies $ 2,198 Total $ 103,239 Form 990-EZ, Part III - Primary Exempt Purpose The foundation offers to further the mission and the purposes of the school, including by providing resources for improvements to the schools 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 schools educational activities that are not funded by public authorities, and to seek to raise an endowment to generate future income for similar purposes. Form 990-EZ, Part III, Line 28 - First Accomplishment The foundation offers to further the mission and the purposes of the school, including by providing resources for improvements to the schools 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 schools educational activities that are not funded by public authorities, and to seek to raise an endowment to generate future income for similar purposes.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990-EZ, Part I, Line 16 - Other Expenses Description Amount Expenses Insurance $ 925 Classroom Support $ 50,869 Auction Expenses $ 24,265 Global Awareness $ 6,223 Spirit Wear $ 12,150 Other costs $ 6,609 Supplies $ 2,198 Total $ 103,239 Form 990-EZ, Part III - Primary Exempt Purpose The foundation offers to further the mission and the purposes of the school, including by providing resources for improvements to the schools 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 schools educational activities that are not funded by public authorities, and to seek to raise an endowment to generate future income for similar purposes. Form 990-EZ, Part III, Line 28 - First Accomplishment The foundation offers to further the mission and the purposes of the school, including by providing resources for improvements to the schools 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 schools educational activities that are not funded by public authorities, and to seek to raise an endowment to generate future income for similar purposes.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule O:
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Ann Teh
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum00000000000
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Globe Academy Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0464838222
ReturnHeader/Filer/PhoneNum00000000000
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 98348
ReturnHeader/Filer/USAddress/CityNm0Atlanta
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030359
ReturnHeader/ReturnTs02023-11-09T02:00:10Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Ann
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Teh
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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