Civic Intelligence

New Global Ed

990EZ • Fiscal year 2020 • EIN 47-4776386

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 15, 2021

Organization Profile
16407 Horst AveNorwalk, CA 90650

(714) 553-3500

Siviq Scores

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

Liabilities / Assets

85th percentile

0.35x

Higher debt load relative to assets than 85% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

0.37x

Higher debt load relative to revenue than 88% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

7th percentile

-116%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

10th percentile

-43%

Faster asset growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

8th percentile

-82%

Faster revenue growth than 8% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$15,401

Down $11,740 (-43%) from 2019

Net Assets

Down

$10,084

Down $16,794 (-62%) from 2019

Liabilities

Up

$5,317

Up $5,054 (+1922%) from 2019

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin7th percentile

Revenue

Down

$14,475

Down $65,620 (-82%) from 2019

Expenses

Down

$31,269

Down $56,359 (-64%) from 2019

Net Income

Down

-$16,794

Down $9,261 (-123%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2015: $40,609Liabilities 2015: $494Net Assets 2015: $40,1152015Assets 2016: $49,363Liabilities 2016: $1,032Net Assets 2016: $48,3312016Assets 2017: $35,860Liabilities 2017: $11,067Net Assets 2017: $24,7932017Assets 2018: $35,930Liabilities 2018: $1,519Net Assets 2018: $34,4112018Assets 2019: $27,141Liabilities 2019: $263Net Assets 2019: $26,8782019Assets 2020: $15,401Liabilities 2020: $5,317Net Assets 2020: $10,0842020

Highlighted filing

2020

Assets$15,401
Liabilities$5,317
Net Assets$10,084
Open 2020 Filing

Operations Trend

Revenue Growth8th percentile

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

$150K$100K$50K$0-$50KRevenue 2015: $111,014Expenses 2015: $70,899Net Income 2015: $40,1152015Revenue 2016: $128,722Expenses 2016: $120,506Net Income 2016: $8,2162016Revenue 2017: $111,426Expenses 2017: $134,964Net Income 2017: -$23,5382017Revenue 2018: $89,774Expenses 2018: $80,156Net Income 2018: $9,6182018Revenue 2019: $80,095Expenses 2019: $87,628Net Income 2019: -$7,5332019Revenue 2020: $14,475Expenses 2020: $31,269Net Income 2020: -$16,7942020

Highlighted filing

2020

Revenue$14,475
Expenses$31,269
Net Income-$16,794
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 15, 2021
Return Version
2020v4.1
Gross Receipts
$14,475
Mission and Program Overview

Mission

Educational public benefit

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS HAVE BEEN AWARDED TO THE HIGH PERFORMING AND LOW INCOME FAMILY STUDENTS WHO APPLIED FOR THE SCHOLARSHIPS. TOTAL 11 STUDENTS WERE BENEFITED.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERIC GUTIERREZCEOPT$0--
JESSE KIMCFOPT$0--
JUN HANG HURSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
New Global Ed
EIN
47-4776386
Address
16407 HORST AVE, NORWALK, CA 90650

Signing Officer

Name
Jesse Kim
Title
CFO
Signed
2021-09-15
Discuss with paid preparer
No

Preparer

Firm
Jeong Shik Yu CPA
Address
208 OAKWELL DR, WALNUT, CA 91789
Preparer
Jeong Shik Yu
Phone
2133841684
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountamortization 329depreciation 686dues and subscription 60insurance 327meals 286office expense 3,467outside service 2,255payroll tax 1,287telephone 1,088travel 67moving expense 1,317education materials 49”

Description of other assets Part II line 24

“Category beginning of year end of yearfurniture and fixture 230 115computer 0 2,284startup cost 3,288 2,959”

Description of total liabilities Part II line 26

“Category beginning of year end of yearpayroll tax payable 263 0ppp loan 0 5,317”

Raw XML Appendix142 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JESSE KIM
IRS990EZ/BooksInCareOfDetail/PhoneNum07145533500
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07372 SPRUCE CIRCLE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LA PALMA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090623
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt023623
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010043
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-16794
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02090
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt027141
IRS990EZ/Form990TotalAssetsGrp/EOYAmt015401
IRS990EZ/GrossReceiptsAmt014475
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt026878
IRS990EZ/NetAssetsOrFundBalancesEOYAmt010084
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt026878
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt010084
IRS990EZ/OccupancyRentUtltsAndMaintAmt05095
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ERIC GUTIERREZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JESSE KIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JUN HANG HUR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03518
IRS990EZ/OtherAssetsTotalDetail/EOYAmt05358
IRS990EZ/OtherExpensesTotalAmt011218
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATIONAL PUBLIC BENEFIT
IRS990EZ/PrintingPublicationsPostageAmt0435
IRS990EZ/ProgramServiceRevenueAmt014475
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOLARSHIPS HAVE BEEN AWARDED TO THE HIGH PERFORMING AND LOW INCOME FAMILY STUDENTS WHO APPLIED FOR THE SCHOLARSHIPS. TOTAL 11 STUDENTS WERE BENEFITED.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt012431
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0263
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt05317
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt031269
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt014475
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt014475
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt058095
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt067774
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt052653
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt064022
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0257019
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0257019
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt014475
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt058095
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt067774
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt052653
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt064022
IRS990ScheduleA/Total509Grp/TotalAmt0257019
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt014475
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt058095
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt067774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt052653
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt064022
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0257019
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTAMORTIZATION 329DEPRECIATION 686DUES AND SUBSCRIPTION 60INSURANCE 327MEALS 286OFFICE EXPENSE 3,467OUTSIDE SERVICE 2,255PAYROLL TAX 1,287TELEPHONE 1,088TRAVEL 67MOVING EXPENSE 1,317EDUCATION MATERIALS 49
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARFURNITURE AND FIXTURE 230 115COMPUTER 0 2,284STARTUP COST 3,288 2,959
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARPAYROLL TAX PAYABLE 263 0PPP LOAN 0 5,317
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JESSE KIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW GLOBAL ED
ReturnHeader/Filer/BusinessNameControlTxt0NEWG
ReturnHeader/Filer/EIN0474776386
ReturnHeader/Filer/USAddress/AddressLine1Txt016407 HORST AVE
ReturnHeader/Filer/USAddress/CityNm0NORWALK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090650
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JEONG SHIK YU CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0208 OAKWELL DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WALNUT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091789
ReturnHeader/PreparerPersonGrp/PhoneNum02133841684
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEONG SHIK YU
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-10-01T19:46:19-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JESSE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KIM
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,401
Liabilities
$5,317
Net assets
$10,084
Revenue
$14,475
Expenses
$31,269
Net income
-$16,794
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.15$0.05$0.10$0.14$0.31$0.17
2019Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.80$0.88$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.36$0.02$0.34$0.90$0.80$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.36$0.11$0.25$1.11$1.35$0.24
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.01$0.48$1.29$1.21$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.40$1.11$0.71$0.40