Liabilities / Assets
68th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
69th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
35th percentile
Higher net margin than 35% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$251,000
No earlier filing loaded for comparison.
Net Assets
$251,000
No earlier filing loaded for comparison.
Liabilities
$0
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$1,000
No earlier filing loaded for comparison.
Expenses
$1,000
No earlier filing loaded for comparison.
Net Income
$0
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Aug 22, 2024
- Return Version
- 2022v5.0
- Gross Receipts
- $1,000
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 domestic and international 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
| Description | Grants | Expenses |
|---|---|---|
| Grant to Charities | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Linda Williams | Co-Founder | - | $0 | - | - |
| Gerald Coward | Chairman Of Board | - | $0 | - | - |
| Terry Williams | Founder / President | PT | $0 | - | - |
| Tracy Fox | Board Member | - | $0 | - | - |
| Flo Lattery | Board Member | - | $0 | - | - |
| Sandra Mishler | Board Member | - | $0 | - | - |
| Joesph Rangel | Board Member | - | $0 | - | - |
| Steve Sokolik | Board Member | - | $0 | - | - |
| Ernie Hafersat | Board 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
- Tery R Williams
- Title
- Founder / President / CEO
- Phone
- 3035912185
- Signed
- 2024-08-22
Supplemental Narrative
Additional Explanations
Part I, Line 10
“During the tax year 2022, GlobalTrust Funds was revoked due to our CPA not successfully filing our 990 tax return electronically. Due to this error by our CPA, we were not operating and receiving any tax-deductible donations. During the 2022 tax period, we only had business-related expenses as outlined in the 990 return”
Part I, Line 20
“The assets of the GlobalTrust Funds, as an organization, comprised of the investment of professional time, the building of the brand, platform systems integration, research by the founder, regulatory compliance during the years 2015 to 2022 tax reporting”
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, regulatory compliance during the years 2015 to 2022 tax reporting.”
Part II, Line 26
“GlobalTrust Funds, as an organization, does not have any liabilities as of the ending of the 2022 tax reporting year.”
Raw XML Appendix236 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/ExpenseAccountOtherAllwncAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 8 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Board Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Board Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Board Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Board Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | Board Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | Board Member |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 250000 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 250000 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherEmployeePaidOver100kCnt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 300 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 0 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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 domestic and international 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. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 100 |
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| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
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| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CO |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
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| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 1000 |
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| IRS990EZ/TransactionWithControlEntInd | 0 | false |
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| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://globaltrustfunds.org |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | GlobalTrust Funds in the tax year received all of its contribution from the general public |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Schedule A Part VI |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 63431 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 62131 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1100 |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 100 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 126862 |
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| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
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| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 126862 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 0 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | During the tax year 2022, GlobalTrust Funds was revoked due to our CPA not successfully filing our 990 tax return electronically. Due to this error by our CPA, we were not operating and receiving any tax-deductible donations. During the 2022 tax period, we only had business-related expenses as outlined in the 990 return |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The assets of the GlobalTrust Funds, as an organization, comprised of the investment of professional time, the building of the brand, platform systems integration, research by the founder, regulatory compliance during the years 2015 to 2022 tax reporting |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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, regulatory compliance during the years 2015 to 2022 tax reporting. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | GlobalTrust Funds, as an organization, does not have any liabilities as of the ending of the 2022 tax reporting year. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part I, Line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part II, Line 26 |
| ReasonableCauseExplanation/ExplanationTxt | 0 | GlobalTrust Funds was reinstated as a public charity on June 6, 2024. In receiving its reinstatement as a public charity, the IRS Tax Exemption Division indicated that it was required to file the 990 for 2022 and 2023. We will be filing both years separately |
| ReturnHeader/BuildTS | 0 | 2024-08-08 14:25:15Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Tery R Williams |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Founder / President / CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3035912185 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-08-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GLOBALTRUST FUNDS |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GLOB |
| ReturnHeader/Filer/EIN | 0 | 472525808 |
| ReturnHeader/Filer/PhoneNum | 0 | 3035912185 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3220 S Oneida Way |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Denver |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CO |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 80224 |
| ReturnHeader/ReturnTs | 0 | 2024-08-22T12:07:24Z |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $251,000
- Liabilities
- $0
- Net assets
- $251,000
- Revenue
- $1,000
- Expenses
- $1,000
- Net income
- $0