Civic Intelligence

Globaltrust Funds

990EZ • Fiscal year 2023 • EIN 47-2525808

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 22, 2024

3220 S Oneida WayDenver, CO 80224

(303) 591-2185

Siviq Scores

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

Liabilities / Assets

69th percentile

0.00x

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

2023 filings • NTEE K31 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

70th percentile

0.00x

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

2023 filings • NTEE K31 • <$500k nonprofits • Source year 2023

Net Margin

33rd percentile

0.0%

Higher net margin than 33% of similar nonprofits.

2023 filings • NTEE K31 • <$500k nonprofits • Source year 2023

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

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

2023 filings • NTEE K31 • <$500k nonprofits • Source year 2023

Asset Growth

40th percentile

0.0%

Faster asset growth than 40% of similar nonprofits.

2023 filings • NTEE K31 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

99th percentile

4076%

Faster revenue growth than 99% of similar nonprofits.

2023 filings • NTEE K31 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Flat

$251,000

Flat from 2022

Net Assets

Flat

$251,000

Flat from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$41,758

Up $40,758 (+4076%) from 2022

Expenses

Up

$41,758

Up $40,758 (+4076%) from 2022

Net Income

Flat

$0

Flat 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 2022: $251,000Liabilities 2022: $0Net Assets 2022: $251,0002022Assets 2023: $251,000Liabilities 2023: $0Net Assets 2023: $251,0002023Assets 2024: $250,500Liabilities 2024: $0Net Assets 2024: $250,5002024Assets 2025: $250,000Liabilities 2025: $0Net Assets 2025: $250,0002025

Highlighted filing

2023

Assets$251,000
Liabilities$0
Net Assets$251,000

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2022: $1,000Expenses 2022: $1,000Net Income 2022: $02022Revenue 2023: $41,758Expenses 2023: $41,758Net Income 2023: $02023Revenue 2024: $32,394Expenses 2024: $3,268,508Net Income 2024: -$3,236,1142024Revenue 2025: $18,173Expenses 2025: $3,212,348Net Income 2025: -$3,194,1752025

Highlighted filing

2023

Revenue$41,758
Expenses$41,758
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 22, 2024
Return Version
2023v5.0
Gross Receipts
$41,758
Mission and Program Overview

Mission

GlobalTrust Funds' primary program is hunger relief. The public charity receives in-kind donations of food and other personal resources from national retail stores aligned with our mission, We then redistribute the food and other personal products to the communities we serve through community groups, churches, and volunteers. GlobalTrust Funds support approbatively 650 families per day that are facing food insecurity in their lives. We are in the early-stage development process of building a national Donor Advised Funds sponsorship in other regions of the United States to support donors and communities in need of new programs affordable housing, healthcare, quality education and protecting women and children from human trafficking.

GlobalTrust Funds is a 501(c)(3) public charity dedicated to providing philanthropic expertise to donors, charities, foundations, and corporations. Our organization was founded in 2015 with the aim to increase philanthropic giving globally through domestil grants. We have the desire and expertise to make a significant difference in the lives of others in the global communities we serve through charitable giving.

Program Services

DescriptionGrantsExpenses
Public Charity Children and Mental Healthcare$38,163$6,189
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terry WilliamsFounder/ CEOPT$0--
Linda WilliamsCo-Founder / Board Member-$0--
Tracy FoxBoard Member-$0--
Gerald CowardChairman Of Board-$0--
Sandra Mishler-Board Member-$0--
Flo LatteryBoard Member-$0--
Joseph RangelBoard Member-$0--
Ernie HafersatBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Globaltrust Funds
EIN
47-2525808
Phone
3035912185
Address
3220 S Oneida Way, Denver, CO 80224

Signing Officer

Name
Terry Williams
Title
Founder/ CEO
Phone
3035912185
Signed
2024-08-22
Supplemental Narrative

Additional Explanations

Part I, Line 10

During the tax year 2023, GlobalTrust Funds started making grants in support of other public charities that supported children and mental health initiatives.

Part I, Line 20

The $250,000 net assets of the GlobalTrust Funds, as an organization, comprised of the investment of corporate formation costs, professional time, the building of the brand, platform systems integration, research by the founder, regulatory compliance during the years 2015 to 2023 tax reporting.

Part I, Line 8

The revenue was from public charity in 2023 in support of children and mental health initiatives in the United States

Part II, Line 24

The $250,000 assets of the GlobalTrust Funds, as an organization, comprised of the investment of corporate formation costs, professional time, the building of the brand, platform systems integration, research by the founder, and regulatory compliance during the years 2015 to 2023 tax reporting.

Part II, Line 26

GlobalTrust Funds, as an organization, does not have any liabilities as of the end of the 2022 tax reporting year.

Raw XML Appendix194 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/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
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IRS990EZ/PrimaryExemptPurposeTxt0GlobalTrust Funds is a 501(c)(3) public charity dedicated to providing philanthropic expertise to donors, charities, foundations, and corporations. Our organization was founded in 2015 with the aim to increase philanthropic giving globally through domestil grants. We have the desire and expertise to make a significant difference in the lives of others in the global communities we serve through charitable giving.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0During the tax year 2023, GlobalTrust Funds started making grants in support of other public charities that supported children and mental health initiatives.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The $250,000 net assets of the GlobalTrust Funds, as an organization, comprised of the investment of corporate formation costs, professional time, the building of the brand, platform systems integration, research by the founder, regulatory compliance during the years 2015 to 2023 tax reporting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The revenue was from public charity in 2023 in support of children and mental health initiatives in the United States
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The $250,000 assets of the GlobalTrust Funds, as an organization, comprised of the investment of corporate formation costs, professional time, the building of the brand, platform systems integration, research by the founder, and regulatory compliance during the years 2015 to 2023 tax reporting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GlobalTrust Funds, as an organization, does not have any liabilities as of the end of the 2022 tax reporting year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0GlobalTrust Funds, on June 6, 2024, was established by the IRS as a public charity. We were required in the reinstatement of our tax-exempt status to file electronically 990s for tax years 2022 and 2023, which we are doing in this 990 EZ filing. The 2022 has already been filed and accepted by the IRS on August 22, 2024
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Terry Williams
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Founder/ CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03035912185
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOBALTRUST FUNDS
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0472525808
ReturnHeader/Filer/PhoneNum03035912185
ReturnHeader/Filer/USAddress/AddressLine1Txt03220 S Oneida Way
ReturnHeader/Filer/USAddress/CityNm0Denver
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080224
ReturnHeader/ReturnTs02024-08-23T02:43:07Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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