Civic Intelligence

Globalization of Pharmaceutics Education Network Inc.

990 • Fiscal year 2019 • EIN 48-1209067

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 25, 2020

Organization Profilegpen.pharmchem.ku.edu
2093 Constant AveLawrence, KS 66047

(785) 864-2626

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

82nd percentile

27%

Higher net margin than 82% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

44th percentile

1.3%

Faster asset growth than 44% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

1st percentile

-86%

Faster revenue growth than 1% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$667,538

Up $8,375 (+1.3%) from 2018

Net Assets

Up

$667,538

Up $8,375 (+1.3%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin82nd percentile

Revenue

Down

$31,851

Down $193,835 (-86%) from 2018

Expenses

Down

$23,306

Down $46,381 (-67%) from 2018

Net Income

Down

$8,545

Down $147,454 (-95%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth44th 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

2019

Assets$667,538
Liabilities$0
Net Assets$667,538
Open 2019 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

2019

Revenue$31,851
Expenses$23,306
Net Income$8,545
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 25, 2020
Return Version
2019v5.0
Gross Receipts
$510,412
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$659,163$667,538▲ $8,375
Investments in Publicly Traded Securities$370,142$568,095▲ $197,953
Cash and Non-Interest-Bearing Accounts$72,761$61,867▼ $10,894
Savings and Temporary Cash Investments$216,260$37,576▼ $178,684
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$659,163$667,538▲ $8,375
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$659,163$667,538▲ $8,375
Total Liabilities and Net Assets / Fund Balance$659,163$667,538▲ $8,375
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Kenneth L AudusChair
Teruna SiahaanCo-chair, Secr
Bianca LiedererDirector
Christel BergstromDirector
Christian SchoneichDirector
Joseph NicolazzoDirector
Kim BrouwerDirector
Patrick AugustijnsDirector
Yoshi TakakuraDirector
Ronald T BorchardtSenior Advisor
Jeff KriseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,000
Program Service Revenue
$0
Investment Income
$21,851
Other Revenue
$0
All Other Contributions
$10,000
Change in Net Assets
$8,545
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$23,306
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$20,000--$20,000
Fees for Service Investment Mgmnt Fees-$2,412-$2,412
Information Technology-$600-$600
Fees for Services Other-$254-$254
Other Expenses-$40-$40
Total Functional Expenses$20,000$3,306$0$23,306
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
Yes
Business relationship with 35% controlled entity
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
7858642626
Address
2093 Constant Ave, Lawrence, KS 66047

Signing Officer

Name
Jeffrey Krise
Title
Treasurer
Signed
2020-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Krise
Formed
1998
Legal Domicile
Ks
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
11

Preparer

Firm
Kindred CPA LLC
Address
211 East Eighth Street Ste A, Lawrence, KS 66044-2682
Preparer
Kenneth R Hite CPA
Phone
7858428844
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IRS990/ScheduleBRequiredInd0true
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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/UponRequestInd0X
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IRS990/WebsiteAddressTxt0gpen.pharmchem.ku.edu
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY KRISE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Globalization of Pharmaceutics
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Education Network Inc
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0481209067
ReturnHeader/Filer/PhoneNum07858642626
ReturnHeader/Filer/USAddress/AddressLine1Txt02093 Constant Ave
ReturnHeader/Filer/USAddress/CityNm0Lawrence
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KS
ReturnHeader/Filer/USAddress/ZIPCd066047
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0842546429
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kindred CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0211 East Eighth Street Ste A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lawrence

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$667,538
Liabilities
$0
Net assets
$667,538
Revenue
$31,851
Expenses
$23,306
Net income
$8,545
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