Civic Intelligence

Globalization of Pharmaceutics Education Network Inc.

990 • Fiscal year 2017 • EIN 48-1209067

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

Organization Profilegpen.pharmchem.ku.edu
2095 Constant AveLawrence, KS 66047

(785) 864-4822

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

1st percentile

-664%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

19th percentile

-7.2%

Faster asset growth than 19% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-98%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets26th percentile

Assets

Down

$504,832

Down $38,958 (-7.2%) from 2016

Net Assets

Down

$504,832

Down $38,958 (-7.2%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin1st percentile

Revenue

Down

$5,870

Down $241,510 (-98%) from 2016

Expenses

Down

$44,828

Down $114,135 (-72%) from 2016

Net Income

Down

-$38,958

Down $127,375 (-144%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$800K$600K$400K$200K$0Assets 2010: $455,485Liabilities 2010: $105,552Net Assets 2010: $349,9332010Assets 2011: $368,443Net Assets 2011: $368,4432011Assets 2012: $411,593Liabilities 2012: $0Net Assets 2012: $411,5932012Assets 2013: $390,961Net Assets 2013: $390,9612013Assets 2014: $449,888Liabilities 2014: $0Net Assets 2014: $449,8882014Assets 2015: $455,373Net Assets 2015: $455,3732015Assets 2016: $543,790Liabilities 2016: $0Net Assets 2016: $543,7902016Assets 2017: $504,832Liabilities 2017: $0Net Assets 2017: $504,8322017Assets 2018: $659,163Liabilities 2018: $0Net Assets 2018: $659,1632018Assets 2019: $667,538Liabilities 2019: $0Net Assets 2019: $667,5382019Assets 2020: $769,029Liabilities 2020: $0Net Assets 2020: $769,0292020Assets 2021: $776,276Liabilities 2021: $0Net Assets 2021: $776,2762021Assets 2022: $754,565Liabilities 2022: $0Net Assets 2022: $754,5652022Assets 2023: $780,367Liabilities 2023: $0Net Assets 2023: $780,3672023Assets 2024: $643,910Liabilities 2024: $0Net Assets 2024: $643,9102024

Highlighted filing

2017

Assets$504,832
Liabilities$0
Net Assets$504,832
Open 2017 Filing

Operations Trend

Revenue Growth1st percentile

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

$400K$200K$0-$200KExpenses 2010: $175,1352010Revenue 2011: $21,615Expenses 2011: $3,105Net Income 2011: $18,5102011Revenue 2012: $288,333Expenses 2012: $245,183Net Income 2012: $43,1502012Revenue 2013: $10,723Expenses 2013: $31,355Net Income 2013: -$20,6322013Revenue 2014: $217,852Expenses 2014: $158,925Net Income 2014: $58,9272014Revenue 2015: $30,000Expenses 2015: $24,515Net Income 2015: $5,4852015Revenue 2016: $247,380Expenses 2016: $158,963Net Income 2016: $88,4172016Revenue 2017: $5,870Expenses 2017: $44,828Net Income 2017: -$38,9582017Revenue 2018: $225,686Expenses 2018: $69,687Net Income 2018: $155,9992018Revenue 2019: $31,851Expenses 2019: $23,306Net Income 2019: $8,5452019Revenue 2020: $142,824Expenses 2020: $40,238Net Income 2020: $102,5862020Revenue 2021: $19,694Expenses 2021: $11,579Net Income 2021: $8,1152021Revenue 2022: $121,825Expenses 2022: $142,254Net Income 2022: -$20,4292022Revenue 2023: $42,465Expenses 2023: $16,948Net Income 2023: $25,5172023Revenue 2024: $76,421Expenses 2024: $213,137Net Income 2024: -$136,7162024

Highlighted filing

2017

Revenue$5,870
Expenses$44,828
Net Income-$38,958
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.2
Gross Receipts
$455,406
Mission and Program Overview

Mission

To foster and facilitate international scientific exchange in the pharmaceutical sciences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$543,790$504,832▼ $38,958
Investments in Publicly Traded Securities$387,964$388,177▲ $213
Cash and Non-Interest-Bearing Accounts$141,663$98,434▼ $43,229
Savings and Temporary Cash Investments$14,163$18,221▲ $4,058
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$543,790$504,832▼ $38,958
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$543,790$504,832▼ $38,958
Total Liabilities and Net Assets / Fund Balance$543,790$504,832▼ $38,958
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Kenneth L AudusChair
Ronald T BorchardtChair-em/treasr
Teruna SiahaanCo-chair, Secr
Christian SchoneichDirector
Jay SiscoDirector
Joseph NicolazzoDirector
Kim BrouwerDirector
Patrick AugustijnsDirector
Yoshi TakakuraDirector
Christel BergstromMember-at-large
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$5,870
Other Revenue
$0
Change in Net Assets
$-38,958
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$30,000
Other Expenses$14,828
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$30,000--$30,000
Conferences and Meetings$9,140--$9,140
Fees for Services Accounting-$1,850-$1,850
Fees for Service Investment Mgmnt Fees-$1,600-$1,600
Information Technology$1,260--$1,260
Fees for Services Other-$938-$938
Other Expenses-$40-$40
Total Functional Expenses$40,400$4,428$0$44,828
International Activity

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“The organization is a nonstock corporation that has member institutions from around the world.”

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

“Minutes of the board meetings are recorded by the organization's secretary. The Board of Directors did not grant any committees the authority to act on behalf of the Board.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“A .pdf copy of the form 990 was e-mailed to the board of directors prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The directors and officers complete a conflict of interest disclosure statement annually.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Globalization of Pharmaceutics
EIN
48-1209067
Phone
7858644822
Address
2095 Constant Ave, Lawrence, KS 66047

Signing Officer

Name
Ronald T Borchardt
Title
Chair-em/treasr
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronald T Borchardt
Formed
1998
Legal Domicile
Ks
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
10

Preparer

Firm
Mize Houser & Company PA
Address
211 East Eighth Street Suite A, Lawrence, KS 66044-2682
Preparer
Kenneth R Hite CPA
Phone
7858428844
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0163722
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt015000
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08155
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03572
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04968
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt086781
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
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IRS990ScheduleA/SubstantialContributorsTotAmt0130804
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IRS990ScheduleA/TotalSupportAmt0435959
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt030000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0EDUCATION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0EAST ASIA & PAC
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING RECORDS ARE SHARED WITH ORGANIZATION.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1CASH BASIS
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 3f - Method of Accounting
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NONSTOCK CORPORATION THAT HAS MEMBER INSTITUTIONS FROM AROUND THE WORLD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Minutes of the board meetings are recorded by the organization's secretary. The Board of Directors did not grant any committees the authority to act on behalf of the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A .PDF COPY OF THE FORM 990 WAS E-MAILED TO THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DIRECTORS AND OFFICERS COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-2285
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05870
IRS990/TotalVolunteersCnt010
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0504832
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0gpen.pharmchem.ku.edu
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD T BORCHARDT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR-EM/TREASR
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Globalization of Pharmaceutics
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Education Network Inc
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0481209067

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$504,832
Liabilities
$0
Net assets
$504,832
Revenue
$5,870
Expenses
$44,828
Net income
-$38,958
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.44$0.00$6.44$0.76$2.13$1.37
2023Detailed filing. Detailed filing data is available for this year.$7.80$0.00$7.80$0.42$0.17$0.26
2022Detailed filing. Detailed filing data is available for this year.$7.55$0.00$7.55$1.22$1.42$0.20
2021Detailed filing. Detailed filing data is available for this year.$7.76$0.00$7.76$0.20$0.12$0.08
2020Detailed filing. Detailed filing data is available for this year.$7.69$0.00$7.69$1.43$0.40$1.03
2019Detailed filing. Detailed filing data is available for this year.$6.68$0.00$6.68$0.32$0.23$0.09
2018Detailed filing. Detailed filing data is available for this year.$6.59$0.00$6.59$2.26$0.70$1.56
2017Detailed filing. Detailed filing data is available for this year.$5.05$0.00$5.05$0.06$0.45$0.39
2016Detailed filing. Detailed filing data is available for this year.$5.44$0.00$5.44$2.47$1.59$0.88
2015Detailed filing. Detailed filing data is available for this year.$4.55$4.55$0.30$0.25$0.05
2014Detailed filing. Detailed filing data is available for this year.$4.50$0.00$4.50$2.18$1.59$0.59
2013Detailed filing. Detailed filing data is available for this year.$3.91$3.91$0.11$0.31$0.21
2012Summary only. Only limited summary data is available for this year.$4.12$0.00$4.12$2.88$2.45$0.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.68$3.68$0.22$0.03$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.55$1.06$3.50$1.75