Civic Intelligence

Global Inheritance Inc.

990 • Fiscal year 2019 • EIN 55-0904687

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 22, 2020

1855 Industrial Street Suite 613Los Angeles, CA 90021

(213) 683-8442

Siviq Scores

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

Liabilities / Assets

78th percentile

0.09x

Higher debt load relative to assets than 78% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

30th percentile

-5.2%

Higher net margin than 30% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

85th percentile

$24,500

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

6th percentile

-65%

Faster asset growth than 6% of similar nonprofits.

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

Revenue Growth

28th percentile

-15%

Faster revenue growth than 28% of similar nonprofits.

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

Assets

Down

$37,827

Down $71,264 (-65%) from 2018

Net Assets

Down

$34,409

Down $73,405 (-68%) from 2018

Liabilities

Up

$3,418

Up $2,141 (+168%) from 2018

Revenue

Down

$278,811

Down $49,459 (-15%) from 2018

Expenses

Down

$293,206

Down $42,047 (-13%) from 2018

Net Income

Down

-$14,395

Down $7,412 (-106%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2008: $78,569Liabilities 2008: $7,5182008Assets 2009: $55,543Liabilities 2009: $3,6292009Assets 2010: $61,448Liabilities 2010: $2,776Net Assets 2010: $58,6722010Assets 2011: $122,214Liabilities 2011: $2,776Net Assets 2011: $119,4382011Assets 2012: $149,921Liabilities 2012: $0Net Assets 2012: $149,9212012Assets 2013: $111,685Liabilities 2013: $1,570Net Assets 2013: $110,1152013Assets 2014: $43,171Liabilities 2014: $0Net Assets 2014: $43,1712014Assets 2015: $83,802Liabilities 2015: $578Net Assets 2015: $83,2242015Assets 2016: $118,381Liabilities 2016: $1,534Net Assets 2016: $116,8472016Assets 2017: $118,161Liabilities 2017: $3,364Net Assets 2017: $114,7972017Assets 2018: $109,091Liabilities 2018: $1,277Net Assets 2018: $107,8142018Assets 2019: $37,827Liabilities 2019: $3,418Net Assets 2019: $34,4092019Assets 2020: $9,895Liabilities 2020: $1,641Net Assets 2020: $8,2542020Assets 2021: $17,690Liabilities 2021: $22,203Net Assets 2021: -$4,5132021Assets 2022: $55,557Liabilities 2022: $3,015Net Assets 2022: $52,5422022Assets 2023: $70,961Liabilities 2023: $6,979Net Assets 2023: $63,9822023

Highlighted filing

2019

Assets$37,827
Liabilities$3,418
Net Assets$34,409

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2008: $550,840Expenses 2008: $486,477Net Income 2008: $64,3632008Revenue 2009: $371,357Expenses 2009: $390,494Net Income 2009: -$19,1372009Revenue 2010: $418,106Expenses 2010: $411,348Net Income 2010: $6,7582010Expenses 2011: $601,4672011Expenses 2012: $621,0982012Revenue 2013: $413,616Expenses 2013: $452,585Net Income 2013: -$38,9692013Revenue 2014: $418,605Expenses 2014: $485,549Net Income 2014: -$66,9442014Revenue 2015: $403,639Expenses 2015: $386,558Net Income 2015: $17,0812015Revenue 2016: $339,210Expenses 2016: $287,250Net Income 2016: $51,9602016Revenue 2017: $306,016Expenses 2017: $308,066Net Income 2017: -$2,0502017Revenue 2018: $328,270Expenses 2018: $335,253Net Income 2018: -$6,9832018Revenue 2019: $278,811Expenses 2019: $293,206Net Income 2019: -$14,3952019Revenue 2020: $130,183Expenses 2020: $156,338Net Income 2020: -$26,1552020Revenue 2021: $111,419Expenses 2021: $124,186Net Income 2021: -$12,7672021Revenue 2022: $320,577Expenses 2022: $263,522Net Income 2022: $57,0552022Revenue 2023: $342,197Expenses 2023: $330,757Net Income 2023: $11,4402023

Highlighted filing

2019

Revenue$278,811
Expenses$293,206
Net Income-$14,395
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 22, 2020
Return Version
2019v5.0
Gross Receipts
$278,811
Mission and Program Overview

Mission

Global inheritance, inc. Works to reinvent activism for today's young generation. The various initiatives of the organization focus on the power of creativity to communicate and push for progressive social change while rejecting conflict.

Global inheritance works to reinvent activism and empower individuals to seek a global balance. Our initiatives focus on the power of creativity to communicate and drive progressive environmental and social change. Global inheritance develops campaigns which cater specifically to individual demographic groups, targeting the message and experience to be approachable for various subcultures.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$33,751--
Cash and Non-Interest-Bearing Accounts$44,358$32,449▼ $11,909
Accounts Receivable$24,260--
Savings and Temporary Cash Investments$4,276$5,378▲ $1,102
Total Assets$109,091$37,827▼ $71,264
Other Assets Total$2,446--
Liabilities
Accounts Payable and Accrued Expenses$1,277$3,418▲ $2,141
Total Liabilities$1,277$3,418▲ $2,141
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$107,814$34,409▼ $73,405
Total Net Assets Fund Balance$107,814$34,409▼ $73,405
Total Liabilities and Net Assets / Fund Balance$109,091$37,827▼ $71,264

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$38,751$5,000
Compensation and Service Providers

Employees

NameTitleBaseTotal
Eric RitzExecutive Di$24,500$24,500
Magdalena Navarlatz RitzDirector$8,378$8,378

Board Members and Trustees

NameTitle
Matt BradyCFO/v.p./Director
David BaconDirector
Gian Luca BrignoneSecretary/di
Revenue and Support

Revenue Composition

Contributions and Grants
$278,810
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$0
All Other Contributions
$278,810
Change in Net Assets
$-14,395

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table4$88,640Fair Market Value (FMV)
Other Non Cash Contri Table1$15,000Fair Market Value (FMV)
Other Non Cash Contri Table1$5,000Fair Market Value (FMV)
Other Non Cash Contri Table1$4,500Fair Market Value (FMV)
Total Noncash Contributions7$113,140-

Audited Revenue Reconciliation

Revenue per Audited Statements
$278,811
Total Revenue per Audited Statements
$278,811
Total Revenue per Form 990
$278,811
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$144,365
Grants and Similar Amounts Paid$113,140
Salaries, Compensation, and Employee Benefits$35,701
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$113,140--$113,140
Occupancy$34,619$3,846-$38,465
Other Salaries and Wages$29,590$3,288-$32,878
All Other Expenses$9,930$14,861-$24,791
Insurance$10,514$1,115-$11,629
Travel$10,524--$10,524
Other Expenses$8,697$6,249-$6,249
Depreciation Depletion$5,000--$5,000
Conferences and Meetings$2,355$2,354-$4,709
Advertising$2,915$324-$3,239
Payroll Taxes$932$1,891-$2,823
Total Functional Expenses$259,278$33,928$0$293,206

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$293,206
Total Expenses per Audited Statements$293,206
Total Expenses per Form 990$293,206
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
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 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, Page 6, Part VI, Line 11B

The governing body approves form 990 in its final form before it is electronically filed.

Form 990, Page 6, Part VI, Line 12C

The organization currently have a conflict of interest policy in place.

Form 990, Page 6, Part VI, Line 18

All forms are available for public inspection and guidestar.org or upon request.

Form 990, Page 6, Part VI, Line 19

All forms are available for public inspection and guidestar.org or upon request.

Filing and Contact Details

Filer

Filer Name
Global Inheritance Inc
EIN
55-0904687
Phone
2136838442
Address
1855 INDUSTRIAL STREET SUITE 613, LOS ANGELES, CA 90021

Signing Officer

Name
Eric Ritz
Title
Executive Director
Phone
2136260061
Signed
2020-09-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Ritz
Formed
2005
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
250

Preparer

Firm
Barry Ira Goldstein & Co Aac
Address
2029 CENTURY PARK EAST 4TH FLOOR, CENTURY CITY, CA 90067
Preparer
Barry Goldstein CPA
Phone
3104947996
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Global inheritance works to reinvent activism and empower individuals to seek a global balance. Our initiatives focus on the power of creativity to communicate and drive progressive environmental and social change. Global inheritance develops campaigns which cater specifically to individual demographic groups, targeting the message and experience to be approachable for various subcultures.

Form 990, Page 2, Part III, Line 4A

Developed and produced the art of recycling initiative at coachella music & arts festival (indio, ca), further fest (turin, italy), new york city and stagecoach music festival (indio, ca). Redesigned over 150 recycling bins by 70 different artists. The artwork was showcased at special pre-show free events, at the festival and then donated to schools after the festival to launch recycling programs on campus. Global inheritance produced a campaign called art of recycling mexico which allowed artists to share redesigned recycling bins across the border. Global inheritance worked with artists and teachers to launch recycling and waste education programs at schools along the california/mexico border. Global inheritance hosted the posted studio for its fourth year of programming. This interactive art studio encourages event attendees to develop poster concepts around environmental and social issues that they feel connected with. These poster concepts are put on display within the studio and then a handful of posters are selected by professional artists to redesign. These final redesigns are then placed online for people to download and use in school presentations, rallies and/or personal use free of charge. Global inheritance operated the posted studio at the coachella music & arts festival (indio, ca), stagecoach music festival (indio, ca), desert daze festival (lake perris, ca) designercon (anaheim, ca) and camp flog gnaw (los angeles, ca). Global inheritance developed and launched it's newest program, plastic surgery. This unique experience gets people to think more deeply about their plastic consumption while educating them on ways to have a healthier relationship with plastic. The experience begins with patients filling out an online patient form before entering our doctor's office. Our "plastic surgeons" - who are actually environmental scientists and zero waste experts - then provide free consultations for patients. After diagnosing a patient's plastic habits, the doctor writes a prescription for the plastic-free pharmacy where patients can have their scrip filled for a range of reusable items to help fight ingrained wasteful habits. Each filled prescription represents an individual taking a step forward towards living a lifestyle that is healthier for them and the planet. Global inheritance operated this program at desert daze festival (lake perris, ca) all of our doctor appointments were booked over a 3 day window. Over 500 patients were seen and over 1000 plastic alternative items were given out at our plastic free pharmacy. Global inheritance ran a public transportation/carpooling initiative to encourage people to leave their cars at home and/or drive with four or more people in their car when traveling to stagecoach music festival and coachella music & arts festival. This campaign inspired people from different social groups/musical tastes to try carpooling, the subway or bus and reconsider the way they viewed public transportation and shared rides. Over 8,000 people participated in the program. Developed and operated a recycling store exchange program at festivals that saved over 1,300,000 million bottles, cans and cups across the united states in 2019. The program provided incentives to festival attendees for participating in the act of recycling in exchange for prizes and experiences. These bottles, cans, and cups, if not recycled, would most likely land in a landfill. The recycling store visited a number of festivals across the united states and italy including kappa futur festival (turin, italy), desert daze (lake perris, ca) and coachella/stagecoach music festivals (indio, ca). Developed, executed, and toured a california energy education campaign at usc springfest in los angeles, ca and coachella music & arts festival in indio, ca and stagecoach music festival. These educational programs taught individuals and groups about kinetic energy, ways to create and convert energy using human power and reengineered playgro

Form 990, Page 2, Part III, Line 4D

GENERAL ADMINISTRATION

Raw XML Appendix379 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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IRS990/ActivityOrMissionDesc0GLOBAL INHERITANCE WORKS TO REINVENT ACTIVISM AND EMPOWER INDIVIDUALS TO SEEK A GLOBAL BALANCE. OUR INITIATIVES FOCUS ON THE POWER OF CREATIVITY TO COMMUNICATE AND DRIVE PROGRESSIVE ENVIRONMENTAL AND SOCIAL CHANGE. GLOBAL INHERITANCE DEVELOPS CAMPAIGNS WHICH CATER SPECIFICALLY TO INDIVIDUAL DEMOGRAPHIC GROUPS, TARGETING THE MESSAGE AND EXPERIENCE TO BE APPROACHABLE FOR VARIOUS SUBCULTURES.
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IRS990/Desc0DEVELOPED AND PRODUCED THE ART OF RECYCLING INITIATIVE AT COACHELLA MUSIC & ARTS FESTIVAL (INDIO, CA), FURTHER FEST (TURIN, ITALY), NEW YORK CITY AND STAGECOACH MUSIC FESTIVAL (INDIO, CA). REDESIGNED OVER 150 RECYCLING BINS BY 70 DIFFERENT ARTISTS. THE ARTWORK WAS SHOWCASED AT SPECIAL PRE-SHOW FREE EVENTS, AT THE FESTIVAL AND THEN DONATED TO SCHOOLS AFTER THE FESTIVAL TO LAUNCH RECYCLING PROGRAMS ON CAMPUS. GLOBAL INHERITANCE PRODUCED A CAMPAIGN CALLED ART OF RECYCLING MEXICO WHICH ALLOWED ARTISTS TO SHARE REDESIGNED RECYCLING BINS ACROSS THE BORDER. GLOBAL INHERITANCE WORKED WITH ARTISTS AND TEACHERS TO LAUNCH RECYCLING AND WASTE EDUCATION PROGRAMS AT SCHOOLS ALONG THE CALIFORNIA/MEXICO BORDER. GLOBAL INHERITANCE HOSTED THE POSTED STUDIO FOR ITS FOURTH YEAR OF PROGRAMMING. THIS INTERACTIVE ART STUDIO ENCOURAGES EVENT ATTENDEES TO DEVELOP POSTER CONCEPTS AROUND ENVIRONMENTAL AND SOCIAL ISSUES THAT THEY FEEL CONNECTED WITH. THESE POSTER CONCEPTS ARE PUT ON DISPLAY WITHIN THE STUDIO AND THEN A HANDFUL OF POSTERS ARE SELECTED BY PROFESSIONAL ARTISTS TO REDESIGN. THESE FINAL REDESIGNS ARE THEN PLACED ONLINE FOR PEOPLE TO DOWNLOAD AND USE IN SCHOOL PRESENTATIONS, RALLIES AND/OR PERSONAL USE FREE OF CHARGE. GLOBAL INHERITANCE OPERATED THE POSTED STUDIO AT THE COACHELLA MUSIC & ARTS FESTIVAL (INDIO, CA), STAGECOACH MUSIC FESTIVAL (INDIO, CA), DESERT DAZE FESTIVAL (LAKE PERRIS, CA) DESIGNERCON (ANAHEIM, CA) AND CAMP FLOG GNAW (LOS ANGELES, CA). GLOBAL INHERITANCE DEVELOPED AND LAUNCHED IT'S NEWEST PROGRAM, PLASTIC SURGERY. THIS UNIQUE EXPERIENCE GETS PEOPLE TO THINK MORE DEEPLY ABOUT THEIR PLASTIC CONSUMPTION WHILE EDUCATING THEM ON WAYS TO HAVE A HEALTHIER RELATIONSHIP WITH PLASTIC. THE EXPERIENCE BEGINS WITH PATIENTS FILLING OUT AN ONLINE PATIENT FORM BEFORE ENTERING OUR DOCTOR'S OFFICE. OUR "PLASTIC SURGEONS" - WHO ARE ACTUALLY ENVIRONMENTAL SCIENTISTS AND ZERO WASTE EXPERTS - THEN PROVIDE FREE CONSULTATIONS FOR PATIENTS. AFTER DIAGNOSING A PATIENT'S PLASTIC HABITS, THE DOCTOR WRITES A PRESCRIPTION FOR THE PLASTIC-FREE PHARMACY WHERE PATIENTS CAN HAVE THEIR SCRIP FILLED FOR A RANGE OF REUSABLE ITEMS TO HELP FIGHT INGRAINED WASTEFUL HABITS. EACH FILLED PRESCRIPTION REPRESENTS AN INDIVIDUAL TAKING A STEP FORWARD TOWARDS LIVING A LIFESTYLE THAT IS HEALTHIER FOR THEM AND THE PLANET. GLOBAL INHERITANCE OPERATED THIS PROGRAM AT DESERT DAZE FESTIVAL (LAKE PERRIS, CA) ALL OF OUR DOCTOR APPOINTMENTS WERE BOOKED OVER A 3 DAY WINDOW. OVER 500 PATIENTS WERE SEEN AND OVER 1000 PLASTIC ALTERNATIVE ITEMS WERE GIVEN OUT AT OUR PLASTIC FREE PHARMACY. GLOBAL INHERITANCE RAN A PUBLIC TRANSPORTATION/CARPOOLING INITIATIVE TO ENCOURAGE PEOPLE TO LEAVE THEIR CARS AT HOME AND/OR DRIVE WITH FOUR OR MORE PEOPLE IN THEIR CAR WHEN TRAVELING TO STAGECOACH MUSIC FESTIVAL AND COACHELLA MUSIC & ARTS FESTIVAL. THIS CAMPAIGN INSPIRED PEOPLE FROM DIFFERENT SOCIAL GROUPS/MUSICAL TASTES TO TRY CARPOOLING, THE SUBWAY OR BUS AND RECONSIDER THE WAY THEY VIEWED PUBLIC TRANSPORTATION AND SHARED RIDES. OVER 8,000 PEOPLE PARTICIPATED IN THE PROGRAM. DEVELOPED AND OPERATED A RECYCLING STORE EXCHANGE PROGRAM AT FESTIVALS THAT SAVED OVER 1,300,000 MILLION BOTTLES, CANS AND CUPS ACROSS THE UNITED STATES IN 2019. THE PROGRAM PROVIDED INCENTIVES TO FESTIVAL ATTENDEES FOR PARTICIPATING IN THE ACT OF RECYCLING IN EXCHANGE FOR PRIZES AND EXPERIENCES. THESE BOTTLES, CANS, AND CUPS, IF NOT RECYCLED, WOULD MOST LIKELY LAND IN A LANDFILL. THE RECYCLING STORE VISITED A NUMBER OF FESTIVALS ACROSS THE UNITED STATES AND ITALY INCLUDING KAPPA FUTUR FESTIVAL (TURIN, ITALY), DESERT DAZE (LAKE PERRIS, CA) AND COACHELLA/STAGECOACH MUSIC FESTIVALS (INDIO, CA). DEVELOPED, EXECUTED, AND TOURED A CALIFORNIA ENERGY EDUCATION CAMPAIGN AT USC SPRINGFEST IN LOS ANGELES, CA AND COACHELLA MUSIC & ARTS FESTIVAL IN INDIO, CA AND STAGECOACH MUSIC FESTIVAL. THESE EDUCATIONAL PROGRAMS TAUGHT INDIVIDUALS AND GROUPS ABOUT KINETIC ENERGY, WAYS TO CREATE AND CONVERT ENERGY USING HUMAN POWER AND REENGINEERED PLAYGRO
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GLOBAL INHERITANCE WORKS TO REINVENT ACTIVISM AND EMPOWER INDIVIDUALS TO SEEK A GLOBAL BALANCE. OUR INITIATIVES FOCUS ON THE POWER OF CREATIVITY TO COMMUNICATE AND DRIVE PROGRESSIVE ENVIRONMENTAL AND SOCIAL CHANGE. GLOBAL INHERITANCE DEVELOPS CAMPAIGNS WHICH CATER SPECIFICALLY TO INDIVIDUAL DEMOGRAPHIC GROUPS, TARGETING THE MESSAGE AND EXPERIENCE TO BE APPROACHABLE FOR VARIOUS SUBCULTURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DEVELOPED AND PRODUCED THE ART OF RECYCLING INITIATIVE AT COACHELLA MUSIC & ARTS FESTIVAL (INDIO, CA), FURTHER FEST (TURIN, ITALY), NEW YORK CITY AND STAGECOACH MUSIC FESTIVAL (INDIO, CA). REDESIGNED OVER 150 RECYCLING BINS BY 70 DIFFERENT ARTISTS. THE ARTWORK WAS SHOWCASED AT SPECIAL PRE-SHOW FREE EVENTS, AT THE FESTIVAL AND THEN DONATED TO SCHOOLS AFTER THE FESTIVAL TO LAUNCH RECYCLING PROGRAMS ON CAMPUS. GLOBAL INHERITANCE PRODUCED A CAMPAIGN CALLED ART OF RECYCLING MEXICO WHICH ALLOWED ARTISTS TO SHARE REDESIGNED RECYCLING BINS ACROSS THE BORDER. GLOBAL INHERITANCE WORKED WITH ARTISTS AND TEACHERS TO LAUNCH RECYCLING AND WASTE EDUCATION PROGRAMS AT SCHOOLS ALONG THE CALIFORNIA/MEXICO BORDER. GLOBAL INHERITANCE HOSTED THE POSTED STUDIO FOR ITS FOURTH YEAR OF PROGRAMMING. THIS INTERACTIVE ART STUDIO ENCOURAGES EVENT ATTENDEES TO DEVELOP POSTER CONCEPTS AROUND ENVIRONMENTAL AND SOCIAL ISSUES THAT THEY FEEL CONNECTED WITH. THESE POSTER CONCEPTS ARE PUT ON DISPLAY WITHIN THE STUDIO AND THEN A HANDFUL OF POSTERS ARE SELECTED BY PROFESSIONAL ARTISTS TO REDESIGN. THESE FINAL REDESIGNS ARE THEN PLACED ONLINE FOR PEOPLE TO DOWNLOAD AND USE IN SCHOOL PRESENTATIONS, RALLIES AND/OR PERSONAL USE FREE OF CHARGE. GLOBAL INHERITANCE OPERATED THE POSTED STUDIO AT THE COACHELLA MUSIC & ARTS FESTIVAL (INDIO, CA), STAGECOACH MUSIC FESTIVAL (INDIO, CA), DESERT DAZE FESTIVAL (LAKE PERRIS, CA) DESIGNERCON (ANAHEIM, CA) AND CAMP FLOG GNAW (LOS ANGELES, CA). GLOBAL INHERITANCE DEVELOPED AND LAUNCHED IT'S NEWEST PROGRAM, PLASTIC SURGERY. THIS UNIQUE EXPERIENCE GETS PEOPLE TO THINK MORE DEEPLY ABOUT THEIR PLASTIC CONSUMPTION WHILE EDUCATING THEM ON WAYS TO HAVE A HEALTHIER RELATIONSHIP WITH PLASTIC. THE EXPERIENCE BEGINS WITH PATIENTS FILLING OUT AN ONLINE PATIENT FORM BEFORE ENTERING OUR DOCTOR'S OFFICE. OUR "PLASTIC SURGEONS" - WHO ARE ACTUALLY ENVIRONMENTAL SCIENTISTS AND ZERO WASTE EXPERTS - THEN PROVIDE FREE CONSULTATIONS FOR PATIENTS. AFTER DIAGNOSING A PATIENT'S PLASTIC HABITS, THE DOCTOR WRITES A PRESCRIPTION FOR THE PLASTIC-FREE PHARMACY WHERE PATIENTS CAN HAVE THEIR SCRIP FILLED FOR A RANGE OF REUSABLE ITEMS TO HELP FIGHT INGRAINED WASTEFUL HABITS. EACH FILLED PRESCRIPTION REPRESENTS AN INDIVIDUAL TAKING A STEP FORWARD TOWARDS LIVING A LIFESTYLE THAT IS HEALTHIER FOR THEM AND THE PLANET. GLOBAL INHERITANCE OPERATED THIS PROGRAM AT DESERT DAZE FESTIVAL (LAKE PERRIS, CA) ALL OF OUR DOCTOR APPOINTMENTS WERE BOOKED OVER A 3 DAY WINDOW. OVER 500 PATIENTS WERE SEEN AND OVER 1000 PLASTIC ALTERNATIVE ITEMS WERE GIVEN OUT AT OUR PLASTIC FREE PHARMACY. GLOBAL INHERITANCE RAN A PUBLIC TRANSPORTATION/CARPOOLING INITIATIVE TO ENCOURAGE PEOPLE TO LEAVE THEIR CARS AT HOME AND/OR DRIVE WITH FOUR OR MORE PEOPLE IN THEIR CAR WHEN TRAVELING TO STAGECOACH MUSIC FESTIVAL AND COACHELLA MUSIC & ARTS FESTIVAL. THIS CAMPAIGN INSPIRED PEOPLE FROM DIFFERENT SOCIAL GROUPS/MUSICAL TASTES TO TRY CARPOOLING, THE SUBWAY OR BUS AND RECONSIDER THE WAY THEY VIEWED PUBLIC TRANSPORTATION AND SHARED RIDES. OVER 8,000 PEOPLE PARTICIPATED IN THE PROGRAM. DEVELOPED AND OPERATED A RECYCLING STORE EXCHANGE PROGRAM AT FESTIVALS THAT SAVED OVER 1,300,000 MILLION BOTTLES, CANS AND CUPS ACROSS THE UNITED STATES IN 2019. THE PROGRAM PROVIDED INCENTIVES TO FESTIVAL ATTENDEES FOR PARTICIPATING IN THE ACT OF RECYCLING IN EXCHANGE FOR PRIZES AND EXPERIENCES. THESE BOTTLES, CANS, AND CUPS, IF NOT RECYCLED, WOULD MOST LIKELY LAND IN A LANDFILL. THE RECYCLING STORE VISITED A NUMBER OF FESTIVALS ACROSS THE UNITED STATES AND ITALY INCLUDING KAPPA FUTUR FESTIVAL (TURIN, ITALY), DESERT DAZE (LAKE PERRIS, CA) AND COACHELLA/STAGECOACH MUSIC FESTIVALS (INDIO, CA). DEVELOPED, EXECUTED, AND TOURED A CALIFORNIA ENERGY EDUCATION CAMPAIGN AT USC SPRINGFEST IN LOS ANGELES, CA AND COACHELLA MUSIC & ARTS FESTIVAL IN INDIO, CA AND STAGECOACH MUSIC FESTIVAL. THESE EDUCATIONAL PROGRAMS TAUGHT INDIVIDUALS AND GROUPS ABOUT KINETIC ENERGY, WAYS TO CREATE AND CONVERT ENERGY USING HUMAN POWER AND REENGINEERED PLAYGRO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GENERAL ADMINISTRATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BODY APPROVES FORM 990 IN ITS FINAL FORM BEFORE IT IS ELECTRONICALLY FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION CURRENTLY HAVE A CONFLICT OF INTEREST POLICY IN PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL FORMS ARE AVAILABLE FOR PUBLIC INSPECTION AND GUIDESTAR.ORG OR UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL FORMS ARE AVAILABLE FOR PUBLIC INSPECTION AND GUIDESTAR.ORG OR UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC RITZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02136260061
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOBAL INHERITANCE INC
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ReturnHeader/Filer/EIN0550904687
ReturnHeader/Filer/PhoneNum02136838442
ReturnHeader/Filer/USAddress/AddressLine1Txt01855 INDUSTRIAL STREET SUITE 613
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.38.98.93
ReturnHeader/FilingSecurityInformation/IPDt02020-10-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:39:53
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205576124
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARRY IRA GOLDSTEIN & CO AAC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02029 CENTURY PARK EAST 4TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CENTURY CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090067
ReturnHeader/PreparerPersonGrp/PhoneNum03104947996
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BARRY GOLDSTEIN CPA
ReturnHeader/ReturnTs02020-10-30T09:39:53-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.71$0.07$0.64$3.42$3.31$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.03$0.53$3.21$2.64$0.57
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.22$0.05$1.11$1.24$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.02$0.08$1.30$1.56$0.26
2019Detailed filing. Detailed filing data is available for this year.$0.38$0.03$0.34$2.79$2.93$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.01$1.08$3.28$3.35$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.03$1.15$3.06$3.08$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.02$1.17$3.39$2.87$0.52
2015Detailed filing. Detailed filing data is available for this year.$0.84$0.01$0.83$4.04$3.87$0.17
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$4.19$4.86$0.67
2013Detailed filing. Detailed filing data is available for this year.$1.12$0.02$1.10$4.14$4.53$0.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.00$1.50$6.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.03$1.19$6.01
2010Summary only. Only limited summary data is available for this year.$0.61$0.03$0.59$4.18$4.11$0.07
2009Summary only. Only limited summary data is available for this year.$0.56$0.04$3.71$3.90$0.19
2008Summary only. Only limited summary data is available for this year.$0.79$0.08$5.51$4.86$0.64