Civic Intelligence

Globe Academy Foundation Inc

990EZ • Fiscal year 2024 • EIN 46-4838222

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 10, 2024

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

56th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

11th percentile

-42%

Higher net margin than 11% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

23rd percentile

-22%

Faster asset growth than 23% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

4.8%

Faster revenue growth than 53% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$216,596

Down $61,285 (-22%) from 2023

Net Assets

Down

$216,596

Down $61,285 (-22%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Up

$145,007

Up $6,707 (+4.8%) from 2023

Expenses

Up

$206,292

Up $99,648 (+93%) from 2023

Net Income

Down

-$61,285

Down $92,941 (-294%) from 2023

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

2024

Assets$216,596
Liabilities$0
Net Assets$216,596

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

2024

Revenue$145,007
Expenses$206,292
Net Income-$61,285
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 10, 2024
Return Version
2023v5.0
Gross Receipts
$145,007
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
TestTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Globe Academy Foundation
EIN
46-4838222
Phone
0000000000
Address
PO BOX 98348, ATLANTA, GA 30359

Signing Officer

Name
Ann Teh
Title
Treasurer
Phone
0000000000
Signed
2024-11-10
Supplemental Narrative

Additional Explanations

Schedule O:

Form 990-EZ, Part I, Line 16 - Classroom Support PAC Expenses 21,872.93 Communications Coordination PAC 300.00 Community Support PAC 10,536.88 Foundation Operating Expenses 12,053.62 Fundraising PAC Expenses 39,799.04 Global Awareness PAC 16,741.11 Officers School Support 71,576.42 Other expenses (PY Expense Capture) 26,159 Total $ 199,039 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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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990-EZ, Part I, Line 16 - Classroom Support PAC Expenses 21,872.93 Communications Coordination PAC 300.00 Community Support PAC 10,536.88 Foundation Operating Expenses 12,053.62 Fundraising PAC Expenses 39,799.04 Global Awareness PAC 16,741.11 Officers School Support 71,576.42 Other expenses (PY Expense Capture) 26,159 Total $ 199,039 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/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Ann Teh
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum00000000000
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOBE ACADEMY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0464838222
ReturnHeader/Filer/PhoneNum00000000000
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ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030359
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ReturnHeader/ReturnTs02024-11-10T22:30:03Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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