Civic Intelligence

Global Inheritance Inc.

990 • Fiscal year 2021 • EIN 55-0904687

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 03, 2022

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

96th percentile

1.26x

Higher debt load relative to assets than 96% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

84th percentile

0.20x

Higher debt load relative to revenue than 84% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

23rd percentile

-11%

Higher net margin than 23% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$8,048

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

86th percentile

79%

Faster asset growth than 86% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

35th percentile

-14%

Faster revenue growth than 35% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$17,690

Up $7,795 (+79%) from 2020

Net Assets

Down

-$4,513

Down $12,767 (-155%) from 2020

Liabilities

Up

$22,203

Up $20,562 (+1253%) from 2020

Revenue

Down

$111,419

Down $18,764 (-14%) from 2020

Expenses

Down

$124,186

Down $32,152 (-21%) from 2020

Net Income

Up

-$12,767

Up $13,388 (+51%) from 2020

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

2021

Assets$17,690
Liabilities$22,203
Net Assets-$4,513

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

2021

Revenue$111,419
Expenses$124,186
Net Income-$12,767
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 3, 2022
Return Version
2021v4.0
Gross Receipts
$111,419
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$9,317$15,911▲ $6,594
Savings and Temporary Cash Investments$578$1,779▲ $1,201
Total Assets$9,895$17,690▲ $7,795
Liabilities
Unsecured Notes Loans Payable-$20,000-
Accounts Payable and Accrued Expenses$1,641$2,203▲ $562
Total Liabilities$1,641$22,203▲ $20,562
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,254$-4,513▼ $12,767
Total Net Assets Fund Balance$8,254$-4,513▼ $12,767
Total Liabilities and Net Assets / Fund Balance$9,895$17,690▲ $7,795

Asset Categories

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

Employees

NameTitleFull / Part TimeOtherTotal
Eric RitzExecutive DiFT$8,048$8,048
Magdalena Navarlatz RitzDirectorFT$8,048$8,048

Board Members and Trustees

NameTitle
Matt BradyCFO/v.p./Director
Michelle PlotkinDirector
Gian Luca BrignoneSecretary/di
Revenue and Support

Revenue Composition

Contributions and Grants
$111,419
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$111,419
Change in Net Assets
$-12,767

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$20,000Fair Market Value (FMV)
Other Non Cash Contri Table1$4,000Fair Market Value (FMV)
Other Non Cash Contri Table1$450Fair Market Value (FMV)
Total Noncash Contributions3$24,450-

Audited Revenue Reconciliation

Revenue per Audited Statements
$111,419
Total Revenue per Audited Statements
$111,419
Total Revenue per Form 990
$111,419
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$99,736
Grants and Similar Amounts Paid$24,450
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$28,296$3,144-$31,440
Grants to Domestic Individuals$24,450--$24,450
Insurance$16,550$1,615-$18,165
All Other Expenses$1,600$9,182-$10,782
Fees for Services Other$5,264$585-$5,849
Other Expenses$7,152$4,396-$4,396
Travel$1,148--$1,148
Advertising$857$95-$952
Conferences and Meetings$53$53-$106
Total Functional Expenses$105,116$19,070$0$124,186

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$124,186
Total Expenses per Audited Statements$124,186
Total Expenses per Form 990$124,186
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
2022-11-03
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
0
Volunteers
25

Preparer

Firm
Barry Ira Goldstein & Co Aac
Address
2029 CENTURY PARK EAST 4TH FLOOR, CENTURY CITY, CA 90067
Preparer
Dovid Einstein 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

Due to covid-19 and the pandemic, many of the organizations programs and partnerships were put on hold. Even with the existing challenges, global inheritance pooled all of its available resources to develop campaigns in support of the planet's health during this difficult time. Global inheritance produced a free plastic surgery digital experience on valentine's day and earth day to help people show their loved ones how to cut out plastic and replace it with plastic alternatives. 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 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. In spring of 2021, global inheritance hosted a special version of posted studio with event producer goldenvoice. The organization asked the public to set their imagination for 100 years in the future, and describe what earth day looks like using their creativity. People were asked to create a shareable poster concepts capturing predictions about climate change using words, pictures, drawings, or digital tools, will climate change get better or worse in 100 years? Are we counting on techno-futurism to geoengineer a utopian tomorrow, or will status quo bias lead to a dystopian catastrophe???on earth day, global inheritance explored and expressed the views people have about climate change by translating the section of the poster concepts submitted into poster art designed by professional art . As society confronts increasing evidence that our global climate system in a state of flux, how we process and understand the issue and solutions varies dramatically. We were able to gauge people's feeling towards the fight against climate change - were they optimistic or pessimistic about our chances of establishing an equitable and sustainable world. Global inheritance developed its next generation of can crushers that premiered in new york city at the governor's ball music festival. The can crushers provided an interactive experience to reduce the amount of recycling bags needed at the festival while promoting the art of recycling to the 120.000 people attending the event over a 3 day period. In november, global inheritance produced its newest initiative, truth & dare, which brings people face-to-face with planet earth, who questions them about their personal environmental habits, beliefs, and behaviors. Participants are connected to a polygraph machine and interviewed by a physical manifestation of the planet who sits across the table. The sequence of questions and answers aim to highlight how our behaviors have a direct effect on the environment and capture the level of honesty in the discussion about those behaviors. Once an individual completes their polygraph test, planet earth dares the person to commit to a behavioral change - anything from giving up single- use plastic for a week to taking public transportation to work for a month. Dares are informed by the answers provided by the participants while connected to the polygraph. Global inheritance launched this initiative at the desert daze music festival in november 2021. Before the end of the year, global inheritance organized a film shoot around a new experience called "work out your watts". Similar to plastic surgery, the goal is to provide a platform where peo

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

GENERAL ADMINISTRATION

Raw XML Appendix360 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/Desc0DUE TO COVID-19 AND THE PANDEMIC, MANY OF THE ORGANIZATIONS PROGRAMS AND PARTNERSHIPS WERE PUT ON HOLD. EVEN WITH THE EXISTING CHALLENGES, GLOBAL INHERITANCE POOLED ALL OF ITS AVAILABLE RESOURCES TO DEVELOP CAMPAIGNS IN SUPPORT OF THE PLANET'S HEALTH DURING THIS DIFFICULT TIME. GLOBAL INHERITANCE PRODUCED A FREE PLASTIC SURGERY DIGITAL EXPERIENCE ON VALENTINE'S DAY AND EARTH DAY TO HELP PEOPLE SHOW THEIR LOVED ONES HOW TO CUT OUT PLASTIC AND REPLACE IT WITH PLASTIC ALTERNATIVES. 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 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. IN SPRING OF 2021, GLOBAL INHERITANCE HOSTED A SPECIAL VERSION OF POSTED STUDIO WITH EVENT PRODUCER GOLDENVOICE. THE ORGANIZATION ASKED THE PUBLIC TO SET THEIR IMAGINATION FOR 100 YEARS IN THE FUTURE, AND DESCRIBE WHAT EARTH DAY LOOKS LIKE USING THEIR CREATIVITY. PEOPLE WERE ASKED TO CREATE A SHAREABLE POSTER CONCEPTS CAPTURING PREDICTIONS ABOUT CLIMATE CHANGE USING WORDS, PICTURES, DRAWINGS, OR DIGITAL TOOLS, WILL CLIMATE CHANGE GET BETTER OR WORSE IN 100 YEARS? ARE WE COUNTING ON TECHNO-FUTURISM TO GEOENGINEER A UTOPIAN TOMORROW, OR WILL STATUS QUO BIAS LEAD TO A DYSTOPIAN CATASTROPHE???ON EARTH DAY, GLOBAL INHERITANCE EXPLORED AND EXPRESSED THE VIEWS PEOPLE HAVE ABOUT CLIMATE CHANGE BY TRANSLATING THE SECTION OF THE POSTER CONCEPTS SUBMITTED INTO POSTER ART DESIGNED BY PROFESSIONAL ART . AS SOCIETY CONFRONTS INCREASING EVIDENCE THAT OUR GLOBAL CLIMATE SYSTEM IN A STATE OF FLUX, HOW WE PROCESS AND UNDERSTAND THE ISSUE AND SOLUTIONS VARIES DRAMATICALLY. WE WERE ABLE TO GAUGE PEOPLE'S FEELING TOWARDS THE FIGHT AGAINST CLIMATE CHANGE - WERE THEY OPTIMISTIC OR PESSIMISTIC ABOUT OUR CHANCES OF ESTABLISHING AN EQUITABLE AND SUSTAINABLE WORLD. GLOBAL INHERITANCE DEVELOPED ITS NEXT GENERATION OF CAN CRUSHERS THAT PREMIERED IN NEW YORK CITY AT THE GOVERNOR'S BALL MUSIC FESTIVAL. THE CAN CRUSHERS PROVIDED AN INTERACTIVE EXPERIENCE TO REDUCE THE AMOUNT OF RECYCLING BAGS NEEDED AT THE FESTIVAL WHILE PROMOTING THE ART OF RECYCLING TO THE 120.000 PEOPLE ATTENDING THE EVENT OVER A 3 DAY PERIOD. IN NOVEMBER, GLOBAL INHERITANCE PRODUCED ITS NEWEST INITIATIVE, TRUTH & DARE, WHICH BRINGS PEOPLE FACE-TO-FACE WITH PLANET EARTH, WHO QUESTIONS THEM ABOUT THEIR PERSONAL ENVIRONMENTAL HABITS, BELIEFS, AND BEHAVIORS. PARTICIPANTS ARE CONNECTED TO A POLYGRAPH MACHINE AND INTERVIEWED BY A PHYSICAL MANIFESTATION OF THE PLANET WHO SITS ACROSS THE TABLE. THE SEQUENCE OF QUESTIONS AND ANSWERS AIM TO HIGHLIGHT HOW OUR BEHAVIORS HAVE A DIRECT EFFECT ON THE ENVIRONMENT AND CAPTURE THE LEVEL OF HONESTY IN THE DISCUSSION ABOUT THOSE BEHAVIORS. ONCE AN INDIVIDUAL COMPLETES THEIR POLYGRAPH TEST, PLANET EARTH DARES THE PERSON TO COMMIT TO A BEHAVIORAL CHANGE - ANYTHING FROM GIVING UP SINGLE- USE PLASTIC FOR A WEEK TO TAKING PUBLIC TRANSPORTATION TO WORK FOR A MONTH. DARES ARE INFORMED BY THE ANSWERS PROVIDED BY THE PARTICIPANTS WHILE CONNECTED TO THE POLYGRAPH. GLOBAL INHERITANCE LAUNCHED THIS INITIATIVE AT THE DESERT DAZE MUSIC FESTIVAL IN NOVEMBER 2021. BEFORE THE END OF THE YEAR, GLOBAL INHERITANCE ORGANIZED A FILM SHOOT AROUND A NEW EXPERIENCE CALLED "WORK OUT YOUR WATTS". SIMILAR TO PLASTIC SURGERY, THE GOAL IS TO PROVIDE A PLATFORM WHERE PEO
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IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2TENT,POWER&FOOD
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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/ExplanationTxt1DUE TO COVID-19 AND THE PANDEMIC, MANY OF THE ORGANIZATIONS PROGRAMS AND PARTNERSHIPS WERE PUT ON HOLD. EVEN WITH THE EXISTING CHALLENGES, GLOBAL INHERITANCE POOLED ALL OF ITS AVAILABLE RESOURCES TO DEVELOP CAMPAIGNS IN SUPPORT OF THE PLANET'S HEALTH DURING THIS DIFFICULT TIME. GLOBAL INHERITANCE PRODUCED A FREE PLASTIC SURGERY DIGITAL EXPERIENCE ON VALENTINE'S DAY AND EARTH DAY TO HELP PEOPLE SHOW THEIR LOVED ONES HOW TO CUT OUT PLASTIC AND REPLACE IT WITH PLASTIC ALTERNATIVES. 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 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. IN SPRING OF 2021, GLOBAL INHERITANCE HOSTED A SPECIAL VERSION OF POSTED STUDIO WITH EVENT PRODUCER GOLDENVOICE. THE ORGANIZATION ASKED THE PUBLIC TO SET THEIR IMAGINATION FOR 100 YEARS IN THE FUTURE, AND DESCRIBE WHAT EARTH DAY LOOKS LIKE USING THEIR CREATIVITY. PEOPLE WERE ASKED TO CREATE A SHAREABLE POSTER CONCEPTS CAPTURING PREDICTIONS ABOUT CLIMATE CHANGE USING WORDS, PICTURES, DRAWINGS, OR DIGITAL TOOLS, WILL CLIMATE CHANGE GET BETTER OR WORSE IN 100 YEARS? ARE WE COUNTING ON TECHNO-FUTURISM TO GEOENGINEER A UTOPIAN TOMORROW, OR WILL STATUS QUO BIAS LEAD TO A DYSTOPIAN CATASTROPHE???ON EARTH DAY, GLOBAL INHERITANCE EXPLORED AND EXPRESSED THE VIEWS PEOPLE HAVE ABOUT CLIMATE CHANGE BY TRANSLATING THE SECTION OF THE POSTER CONCEPTS SUBMITTED INTO POSTER ART DESIGNED BY PROFESSIONAL ART . AS SOCIETY CONFRONTS INCREASING EVIDENCE THAT OUR GLOBAL CLIMATE SYSTEM IN A STATE OF FLUX, HOW WE PROCESS AND UNDERSTAND THE ISSUE AND SOLUTIONS VARIES DRAMATICALLY. WE WERE ABLE TO GAUGE PEOPLE'S FEELING TOWARDS THE FIGHT AGAINST CLIMATE CHANGE - WERE THEY OPTIMISTIC OR PESSIMISTIC ABOUT OUR CHANCES OF ESTABLISHING AN EQUITABLE AND SUSTAINABLE WORLD. GLOBAL INHERITANCE DEVELOPED ITS NEXT GENERATION OF CAN CRUSHERS THAT PREMIERED IN NEW YORK CITY AT THE GOVERNOR'S BALL MUSIC FESTIVAL. THE CAN CRUSHERS PROVIDED AN INTERACTIVE EXPERIENCE TO REDUCE THE AMOUNT OF RECYCLING BAGS NEEDED AT THE FESTIVAL WHILE PROMOTING THE ART OF RECYCLING TO THE 120.000 PEOPLE ATTENDING THE EVENT OVER A 3 DAY PERIOD. IN NOVEMBER, GLOBAL INHERITANCE PRODUCED ITS NEWEST INITIATIVE, TRUTH & DARE, WHICH BRINGS PEOPLE FACE-TO-FACE WITH PLANET EARTH, WHO QUESTIONS THEM ABOUT THEIR PERSONAL ENVIRONMENTAL HABITS, BELIEFS, AND BEHAVIORS. PARTICIPANTS ARE CONNECTED TO A POLYGRAPH MACHINE AND INTERVIEWED BY A PHYSICAL MANIFESTATION OF THE PLANET WHO SITS ACROSS THE TABLE. THE SEQUENCE OF QUESTIONS AND ANSWERS AIM TO HIGHLIGHT HOW OUR BEHAVIORS HAVE A DIRECT EFFECT ON THE ENVIRONMENT AND CAPTURE THE LEVEL OF HONESTY IN THE DISCUSSION ABOUT THOSE BEHAVIORS. ONCE AN INDIVIDUAL COMPLETES THEIR POLYGRAPH TEST, PLANET EARTH DARES THE PERSON TO COMMIT TO A BEHAVIORAL CHANGE - ANYTHING FROM GIVING UP SINGLE- USE PLASTIC FOR A WEEK TO TAKING PUBLIC TRANSPORTATION TO WORK FOR A MONTH. DARES ARE INFORMED BY THE ANSWERS PROVIDED BY THE PARTICIPANTS WHILE CONNECTED TO THE POLYGRAPH. GLOBAL INHERITANCE LAUNCHED THIS INITIATIVE AT THE DESERT DAZE MUSIC FESTIVAL IN NOVEMBER 2021. BEFORE THE END OF THE YEAR, GLOBAL INHERITANCE ORGANIZED A FILM SHOOT AROUND A NEW EXPERIENCE CALLED "WORK OUT YOUR WATTS". SIMILAR TO PLASTIC SURGERY, THE GOAL IS TO PROVIDE A PLATFORM WHERE PEO
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/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC RITZ
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ReturnHeader/BusinessOfficerGrp/PhoneNum02136260061
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-03
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ReturnHeader/Filer/EIN0550904687
ReturnHeader/Filer/PhoneNum02136838442
ReturnHeader/Filer/USAddress/AddressLine1Txt01855 INDUSTRIAL STREET SUITE 613
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090021
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/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOVID EINSTEIN CPA
ReturnHeader/ReturnTs02022-11-15T18:02:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ERIC
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RITZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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
2021Detailed filing. Detailed filing data is available for this year.$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
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