Civic Intelligence

Global Inheritance Inc.

990 • Fiscal year 2020 • EIN 55-0904687

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 16, 2021

Organization ProfileWWW.GLOBALINHERITANCE.ORG
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

79th percentile

0.17x

Higher debt load relative to assets than 79% of similar nonprofits.

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

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

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

Net Margin

21st percentile

-20%

Higher net margin than 21% of similar nonprofits.

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

Top Officer Pay

78th percentile

$3,100

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

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

Asset Growth

5th percentile

-74%

Faster asset growth than 5% of similar nonprofits.

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

Revenue Growth

20th percentile

-53%

Faster revenue growth than 20% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets79th percentile

Assets

Down

$9,895

Down $27,932 (-74%) from 2019

Net Assets

Down

$8,254

Down $26,155 (-76%) from 2019

Liabilities

Down

$1,641

Down $1,777 (-52%) from 2019

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin21st percentile

Revenue

Down

$130,183

Down $148,628 (-53%) from 2019

Expenses

Down

$156,338

Down $136,868 (-47%) from 2019

Net Income

Down

-$26,155

Down $11,760 (-82%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

2020

Assets$9,895
Liabilities$1,641
Net Assets$8,254
Open 2020 Filing

Operations Trend

Revenue Growth20th percentile

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

2020

Revenue$130,183
Expenses$156,338
Net Income-$26,155
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 16, 2021
Return Version
2020v4.0
Gross Receipts
$130,183
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
Cash and Non-Interest-Bearing Accounts$32,449$9,317▼ $23,132
Savings and Temporary Cash Investments$5,378$578▼ $4,800
Total Assets$37,827$9,895▼ $27,932
Liabilities
Accounts Payable and Accrued Expenses$3,418$1,641▼ $1,777
Total Liabilities$3,418$1,641▼ $1,777
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$34,409$8,254▼ $26,155
Total Net Assets Fund Balance$34,409$8,254▼ $26,155
Total Liabilities and Net Assets / Fund Balance$37,827$9,895▼ $27,932

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$5,000$5,000
Equipment-$33,751-
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleBaseTotal
Eric RitzExecutive Di$3,100$3,100
Magdalena Navarlatz RitzDirector$1,800$1,800

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$130,182
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$0
All Other Contributions
$130,182
Change in Net Assets
$-26,155

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 Table1$50,000Fair Market Value (FMV)
Other Non Cash Contri Table1$8,000Fair Market Value (FMV)
Other Non Cash Contri Table1$1,371Fair Market Value (FMV)
Works of Art1$550-
Other Non Cash Contri Table1$519Fair Market Value (FMV)
Total Noncash Contributions5$60,440-

Audited Revenue Reconciliation

Revenue per Audited Statements
$130,183
Total Revenue per Audited Statements
$130,183
Total Revenue per Form 990
$130,183
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$90,516
Grants and Similar Amounts Paid$60,439
Salaries, Compensation, and Employee Benefits$5,383
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$60,439--$60,439
Occupancy$32,190$3,576-$35,766
Insurance$13,504$1,347-$14,851
All Other Expenses$5,336$5,855-$11,191
Other Salaries and Wages$4,410$490-$4,900
Other Expenses$6,553$3,112-$3,112
Travel$2,105--$2,105
Advertising$645$72-$717
Conferences and Meetings$330$331-$661
Payroll Taxes$435$48-$483
Total Functional Expenses$136,017$20,321$0$156,338

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$156,338
Total Expenses per Audited Statements$156,338
Total Expenses per Form 990$156,338
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
2021-11-16
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

“Global inheritance developed and produced the art of recycling initiative at coachella music & arts festival (indio, ca) and stagecoach music festival (indio, ca). 50 different artists redesigned over 50 recycling bins. Due to covid-19 and the global pandemic, the art of recycling collection was shared online to promote sustainability and the arts. Global inheritance produced a nationwide tour of plastic surgery to showcase how people can cut plastic out of their lives and replace it with plastic-free alternatives. The plastic surgery tour was scheduled to appear at film studios throughout los angeles, several music and art festivals and city events in the united states. Plastic surgery is an experiential education program teaching people of all ages about the overconsumption of plastic products and providing advice on how individuals can help combat the issue. The program provides free personalized consultations from our team of "surgeons" (zero-waste experts) outlining steps they can take - and choices they can make - to cut plastic out of their lives. Once plastic waste enters our environment, it never leaves. As the polymers break down, they spoil groundwater, attract other pollutants, threaten wildlife, damage the ecosystem, poison the food chain, costs billions to abate, and negatively impact human health and longevity. The plastic surgery experience is similar to a doctor's office visit and is supported by a plastic-free pharmacy (with the ability to be stocked by your exhibiting brands) where patients fill their prescriptions to kick start their new healthier regimen. Rather than just inspiring people to live differently, this program can immediately change people's habits by providing plastic alternatives that can be integrated into their everyday life. The plastic surgery tour kicked off at paramount studio on february 25th and was placed on hold due to covid-19. Global inheritance online version of plastic surgery where people could schedule appointments during black friday and into december to learn the best ways to celebrate the holidays plastic- free. Global inheritance also produced a video featuring santa claus receiving plastic surgery. This 9+ minute video is available online to view at no charge. Global inheritance hosted a special version of posted studio online. 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 a professional artist 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 partnered with the scta and stacey abrams to encourage people to design poster concepts on the importance of voting and making your voice count. Several of these concepts were redesigned and shared online for free pre-election. Developed and produced movie club, a conversation starter and platform to educate and connect people with environmental and social issues. Starting in march 2020, global inheritance shared weekly recommendations of films and documentaries selected by our internal movie club team and discussion hosts. Global inheritance also hosted q/a sessions online with guest speakers, from live aid founder harvey goldsmith to pow founder jeremey jones, to talk about their films and the importance of inspiring others to take action.”

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

“GENERAL ADMINISTRATION”

Raw XML Appendix371 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/Desc0GLOBAL INHERITANCE DEVELOPED AND PRODUCED THE ART OF RECYCLING INITIATIVE AT COACHELLA MUSIC & ARTS FESTIVAL (INDIO, CA) AND STAGECOACH MUSIC FESTIVAL (INDIO, CA). 50 DIFFERENT ARTISTS REDESIGNED OVER 50 RECYCLING BINS. DUE TO COVID-19 AND THE GLOBAL PANDEMIC, THE ART OF RECYCLING COLLECTION WAS SHARED ONLINE TO PROMOTE SUSTAINABILITY AND THE ARTS. GLOBAL INHERITANCE PRODUCED A NATIONWIDE TOUR OF PLASTIC SURGERY TO SHOWCASE HOW PEOPLE CAN CUT PLASTIC OUT OF THEIR LIVES AND REPLACE IT WITH PLASTIC-FREE ALTERNATIVES. THE PLASTIC SURGERY TOUR WAS SCHEDULED TO APPEAR AT FILM STUDIOS THROUGHOUT LOS ANGELES, SEVERAL MUSIC AND ART FESTIVALS AND CITY EVENTS IN THE UNITED STATES. PLASTIC SURGERY IS AN EXPERIENTIAL EDUCATION PROGRAM TEACHING PEOPLE OF ALL AGES ABOUT THE OVERCONSUMPTION OF PLASTIC PRODUCTS AND PROVIDING ADVICE ON HOW INDIVIDUALS CAN HELP COMBAT THE ISSUE. THE PROGRAM PROVIDES FREE PERSONALIZED CONSULTATIONS FROM OUR TEAM OF "SURGEONS" (ZERO-WASTE EXPERTS) OUTLINING STEPS THEY CAN TAKE - AND CHOICES THEY CAN MAKE - TO CUT PLASTIC OUT OF THEIR LIVES. ONCE PLASTIC WASTE ENTERS OUR ENVIRONMENT, IT NEVER LEAVES. AS THE POLYMERS BREAK DOWN, THEY SPOIL GROUNDWATER, ATTRACT OTHER POLLUTANTS, THREATEN WILDLIFE, DAMAGE THE ECOSYSTEM, POISON THE FOOD CHAIN, COSTS BILLIONS TO ABATE, AND NEGATIVELY IMPACT HUMAN HEALTH AND LONGEVITY. THE PLASTIC SURGERY EXPERIENCE IS SIMILAR TO A DOCTOR'S OFFICE VISIT AND IS SUPPORTED BY A PLASTIC-FREE PHARMACY (WITH THE ABILITY TO BE STOCKED BY YOUR EXHIBITING BRANDS) WHERE PATIENTS FILL THEIR PRESCRIPTIONS TO KICK START THEIR NEW HEALTHIER REGIMEN. RATHER THAN JUST INSPIRING PEOPLE TO LIVE DIFFERENTLY, THIS PROGRAM CAN IMMEDIATELY CHANGE PEOPLE'S HABITS BY PROVIDING PLASTIC ALTERNATIVES THAT CAN BE INTEGRATED INTO THEIR EVERYDAY LIFE. THE PLASTIC SURGERY TOUR KICKED OFF AT PARAMOUNT STUDIO ON FEBRUARY 25TH AND WAS PLACED ON HOLD DUE TO COVID-19. GLOBAL INHERITANCE ONLINE VERSION OF PLASTIC SURGERY WHERE PEOPLE COULD SCHEDULE APPOINTMENTS DURING BLACK FRIDAY AND INTO DECEMBER TO LEARN THE BEST WAYS TO CELEBRATE THE HOLIDAYS PLASTIC- FREE. GLOBAL INHERITANCE ALSO PRODUCED A VIDEO FEATURING SANTA CLAUS RECEIVING PLASTIC SURGERY. THIS 9+ MINUTE VIDEO IS AVAILABLE ONLINE TO VIEW AT NO CHARGE. GLOBAL INHERITANCE HOSTED A SPECIAL VERSION OF POSTED STUDIO ONLINE. 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 A PROFESSIONAL ARTIST 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 PARTNERED WITH THE SCTA AND STACEY ABRAMS TO ENCOURAGE PEOPLE TO DESIGN POSTER CONCEPTS ON THE IMPORTANCE OF VOTING AND MAKING YOUR VOICE COUNT. SEVERAL OF THESE CONCEPTS WERE REDESIGNED AND SHARED ONLINE FOR FREE PRE-ELECTION. DEVELOPED AND PRODUCED MOVIE CLUB, A CONVERSATION STARTER AND PLATFORM TO EDUCATE AND CONNECT PEOPLE WITH ENVIRONMENTAL AND SOCIAL ISSUES. STARTING IN MARCH 2020, GLOBAL INHERITANCE SHARED WEEKLY RECOMMENDATIONS OF FILMS AND DOCUMENTARIES SELECTED BY OUR INTERNAL MOVIE CLUB TEAM AND DISCUSSION HOSTS. GLOBAL INHERITANCE ALSO HOSTED Q/A SESSIONS ONLINE WITH GUEST SPEAKERS, FROM LIVE AID FOUNDER HARVEY GOLDSMITH TO POW FOUNDER JEREMEY JONES, TO TALK ABOUT THEIR FILMS AND THE IMPORTANCE OF INSPIRING OTHERS TO TAKE ACTION.
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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/ExplanationTxt1GLOBAL INHERITANCE DEVELOPED AND PRODUCED THE ART OF RECYCLING INITIATIVE AT COACHELLA MUSIC & ARTS FESTIVAL (INDIO, CA) AND STAGECOACH MUSIC FESTIVAL (INDIO, CA). 50 DIFFERENT ARTISTS REDESIGNED OVER 50 RECYCLING BINS. DUE TO COVID-19 AND THE GLOBAL PANDEMIC, THE ART OF RECYCLING COLLECTION WAS SHARED ONLINE TO PROMOTE SUSTAINABILITY AND THE ARTS. GLOBAL INHERITANCE PRODUCED A NATIONWIDE TOUR OF PLASTIC SURGERY TO SHOWCASE HOW PEOPLE CAN CUT PLASTIC OUT OF THEIR LIVES AND REPLACE IT WITH PLASTIC-FREE ALTERNATIVES. THE PLASTIC SURGERY TOUR WAS SCHEDULED TO APPEAR AT FILM STUDIOS THROUGHOUT LOS ANGELES, SEVERAL MUSIC AND ART FESTIVALS AND CITY EVENTS IN THE UNITED STATES. PLASTIC SURGERY IS AN EXPERIENTIAL EDUCATION PROGRAM TEACHING PEOPLE OF ALL AGES ABOUT THE OVERCONSUMPTION OF PLASTIC PRODUCTS AND PROVIDING ADVICE ON HOW INDIVIDUALS CAN HELP COMBAT THE ISSUE. THE PROGRAM PROVIDES FREE PERSONALIZED CONSULTATIONS FROM OUR TEAM OF "SURGEONS" (ZERO-WASTE EXPERTS) OUTLINING STEPS THEY CAN TAKE - AND CHOICES THEY CAN MAKE - TO CUT PLASTIC OUT OF THEIR LIVES. ONCE PLASTIC WASTE ENTERS OUR ENVIRONMENT, IT NEVER LEAVES. AS THE POLYMERS BREAK DOWN, THEY SPOIL GROUNDWATER, ATTRACT OTHER POLLUTANTS, THREATEN WILDLIFE, DAMAGE THE ECOSYSTEM, POISON THE FOOD CHAIN, COSTS BILLIONS TO ABATE, AND NEGATIVELY IMPACT HUMAN HEALTH AND LONGEVITY. THE PLASTIC SURGERY EXPERIENCE IS SIMILAR TO A DOCTOR'S OFFICE VISIT AND IS SUPPORTED BY A PLASTIC-FREE PHARMACY (WITH THE ABILITY TO BE STOCKED BY YOUR EXHIBITING BRANDS) WHERE PATIENTS FILL THEIR PRESCRIPTIONS TO KICK START THEIR NEW HEALTHIER REGIMEN. RATHER THAN JUST INSPIRING PEOPLE TO LIVE DIFFERENTLY, THIS PROGRAM CAN IMMEDIATELY CHANGE PEOPLE'S HABITS BY PROVIDING PLASTIC ALTERNATIVES THAT CAN BE INTEGRATED INTO THEIR EVERYDAY LIFE. THE PLASTIC SURGERY TOUR KICKED OFF AT PARAMOUNT STUDIO ON FEBRUARY 25TH AND WAS PLACED ON HOLD DUE TO COVID-19. GLOBAL INHERITANCE ONLINE VERSION OF PLASTIC SURGERY WHERE PEOPLE COULD SCHEDULE APPOINTMENTS DURING BLACK FRIDAY AND INTO DECEMBER TO LEARN THE BEST WAYS TO CELEBRATE THE HOLIDAYS PLASTIC- FREE. GLOBAL INHERITANCE ALSO PRODUCED A VIDEO FEATURING SANTA CLAUS RECEIVING PLASTIC SURGERY. THIS 9+ MINUTE VIDEO IS AVAILABLE ONLINE TO VIEW AT NO CHARGE. GLOBAL INHERITANCE HOSTED A SPECIAL VERSION OF POSTED STUDIO ONLINE. 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 A PROFESSIONAL ARTIST 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 PARTNERED WITH THE SCTA AND STACEY ABRAMS TO ENCOURAGE PEOPLE TO DESIGN POSTER CONCEPTS ON THE IMPORTANCE OF VOTING AND MAKING YOUR VOICE COUNT. SEVERAL OF THESE CONCEPTS WERE REDESIGNED AND SHARED ONLINE FOR FREE PRE-ELECTION. DEVELOPED AND PRODUCED MOVIE CLUB, A CONVERSATION STARTER AND PLATFORM TO EDUCATE AND CONNECT PEOPLE WITH ENVIRONMENTAL AND SOCIAL ISSUES. STARTING IN MARCH 2020, GLOBAL INHERITANCE SHARED WEEKLY RECOMMENDATIONS OF FILMS AND DOCUMENTARIES SELECTED BY OUR INTERNAL MOVIE CLUB TEAM AND DISCUSSION HOSTS. GLOBAL INHERITANCE ALSO HOSTED Q/A SESSIONS ONLINE WITH GUEST SPEAKERS, FROM LIVE AID FOUNDER HARVEY GOLDSMITH TO POW FOUNDER JEREMEY JONES, TO TALK ABOUT THEIR FILMS AND THE IMPORTANCE OF INSPIRING OTHERS TO TAKE ACTION.
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/TaxYr02020

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$9,895
Liabilities
$1,641
Net assets
$8,254
Revenue
$130,183
Expenses
$156,338
Net income
-$26,155
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
2020Detailed filing. Detailed filing data is available for this year.$0.10$0.02$0.08$1.30$1.56$0.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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