Civic Intelligence

Global Inheritance Inc.

990 • Fiscal year 2023 • EIN 55-0904687

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 08, 2024

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

80th percentile

0.10x

Higher debt load relative to assets than 80% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

51st percentile

3.3%

Higher net margin than 51% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

88th percentile

$30,508

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

78th percentile

28%

Faster asset growth than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

53rd percentile

6.7%

Faster revenue growth than 53% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Flat

$70,961

Flat from 2023

Net Assets

Flat

$63,982

Flat from 2023

Liabilities

Flat

$6,979

Flat from 2023

Revenue

Flat

$342,197

Flat from 2023

Expenses

Flat

$330,757

Flat from 2023

Net Income

Flat

$11,440

Flat from 2023

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: $63,9822023Assets 2023: $70,961Liabilities 2023: $6,979Net Assets 2023: $63,9822023

Highlighted filing

2023

Assets$70,961
Liabilities$6,979
Net Assets$63,982

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: $11,4402023Revenue 2023: $342,197Expenses 2023: $330,757Net Income 2023: $11,4402023

Highlighted filing

2023

Revenue$342,197
Expenses$330,757
Net Income$11,440
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 8, 2024
Return Version
2023v5.0
Gross Receipts
$342,197
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$54,078$68,279▲ $14,201
Savings and Temporary Cash Investments$1,479$2,682▲ $1,203
Total Assets$55,557$70,961▲ $15,404
Liabilities
Accounts Payable and Accrued Expenses$3,015$6,979▲ $3,964
Total Liabilities$3,015$6,979▲ $3,964
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$52,542$63,982▲ $11,440
Total Net Assets Fund Balance$52,542$63,982▲ $11,440
Total Liabilities and Net Assets / Fund Balance$55,557$70,961▲ $15,404

Asset Categories

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

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric RitzExecutive DiFT$6,750$23,758$30,508
Magdalena Navarlatz RitzDirectorPT$1,230$11,397$12,627

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$342,194
Program Service Revenue
$0
Investment Income
$3
Other Revenue
$0
All Other Contributions
$342,194
Change in Net Assets
$11,440

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 Table3$92,000Fair Market Value (FMV)
Other Non Cash Contri Table1$32,325Fair Market Value (FMV)
Total Noncash Contributions4$124,325-

Audited Revenue Reconciliation

Revenue per Audited Statements
$342,197
Total Revenue per Audited Statements
$342,197
Total Revenue per Form 990
$342,197
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$162,511
Grants and Similar Amounts Paid$124,325
Salaries, Compensation, and Employee Benefits$43,921
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$124,325--$124,325
Other Employee Benefits$31,639$3,516-$35,155
Occupancy$28,824$3,203-$32,027
All Other Expenses$23,865$6,965-$30,830
Insurance$17,570$1,863-$19,433
Other Expenses$12,100$8,255-$8,255
Other Salaries and Wages$7,182$798-$7,980
Travel$5,453--$5,453
Advertising$3,272$363-$3,635
Payroll Taxes$707$79-$786
Office Expenses$282--$282
Total Functional Expenses$305,715$25,042$0$330,757

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$330,757
Total Expenses per Audited Statements$330,757
Total Expenses per Form 990$330,757
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
2024-11-08
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
70

Preparer

Firm
Dovid Einstein CPA Apc
Address
2029 CENTURY PARK EAST 4TH FLOOR, CENTURY CITY, CA 90067
Preparer
Dovid Einstein CPA
Phone
3104225219
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

On march 15th, global inheritance, lausd, and socalren presented the energy battle royal at the future green leaders summit at the los angeles convention center. The mission of the organizations' newest program is to give 1,800 middle schoolers from south la the inspiration to explore different career pathways in sustainability and energy efficiency. All students received "power cards" as they entered the conference, which assigned them to a specific energy dance crew. The renewable energy sources and mc powerful communicated the pros and cons of each power source while professional dancers showed the students original dance moves representing each energy source. Ethanol, geothermal, and hydrogen scored victories on the dance floor, but the students quickly learned that every renewable energy source plays a huge role in powering our planet and defeating climate change, and we need to support them all. Before the energy battle royal could begin, lausd students had to power up the sound system and led light towers by generating kinetic energy on the engineered seesaws, human-sized hamster wheels, bikes, and a swingset. After running, jumping, and swinging - the energy wells were full and you could feel the energy in the room. Developed and produced the art of recycling initiative at the coachella music & arts festival (indio, ca), further fest (turin, italy), and stagecoach music festival (indio, ca). Global inheritance redesigned over 160 recycling bins by 80 different artists. The artwork was showcased at special pre-show free events at the festival and donated to schools after the festival to launch recycling and sustainability programs on campus. Global inheritance produced the posted studio and posted studio speaker series at the coachella music & arts festival (indio,ca). This interactive art studio encourages event attendees to develop poster concepts around environmental and social issues 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. The final redesigns are then placed online for people to download and use in school presentations, wall art and other non-commercial purposes. Supporting the posted studio, global inheritance also produced a speaker series. The posted studio speaker stage is an opportunity to highlight leaders in the climate, social, and environmental education space who want to share their knowledge and inspire coachella attendees over two weekends. The speaker stage is flexible - taking the format that best presents the speaker's content: moderated q/a session, ted talk style presentation, show & tell or interactive workshop. This year's speaker stage included a number of high-profile activists and environmentalists, including jaden smith, leah thomas, earthgang, nasa scientists, dr. Ben hamlington, james wilks, danni washington, umi, xiuhtezcati, congressman maxwell frost, phoebe gates, sophia kianni, and more. The organization launched a new initiative to encourage coachella music & arts festival attendee to purchase second hand clothing and promote the idea of thrifting to their friends and family. Global inheritance partnered with vintage stores across california to participate in the art of thrifting to support local businesses, connect them with festival attendees, and promote vintage festival wear to reduce the environmental burden of buying new clothes. Stores received a vintage coachella art of recycling bin - encouraging patrons to buy vintage and recycle their festival outfits. They also organize a photo shoot with that recycling bin - with unique outfits from your store styled to match the bin artwork. Global inheritance organized and produced 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 (indio,ca).

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

GENERAL ADMINISTRATION

Raw XML Appendix362 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/Desc0ON MARCH 15TH, GLOBAL INHERITANCE, LAUSD, AND SOCALREN PRESENTED THE ENERGY BATTLE ROYAL AT THE FUTURE GREEN LEADERS SUMMIT AT THE LOS ANGELES CONVENTION CENTER. THE MISSION OF THE ORGANIZATIONS' NEWEST PROGRAM IS TO GIVE 1,800 MIDDLE SCHOOLERS FROM SOUTH LA THE INSPIRATION TO EXPLORE DIFFERENT CAREER PATHWAYS IN SUSTAINABILITY AND ENERGY EFFICIENCY. ALL STUDENTS RECEIVED "POWER CARDS" AS THEY ENTERED THE CONFERENCE, WHICH ASSIGNED THEM TO A SPECIFIC ENERGY DANCE CREW. THE RENEWABLE ENERGY SOURCES AND MC POWERFUL COMMUNICATED THE PROS AND CONS OF EACH POWER SOURCE WHILE PROFESSIONAL DANCERS SHOWED THE STUDENTS ORIGINAL DANCE MOVES REPRESENTING EACH ENERGY SOURCE. ETHANOL, GEOTHERMAL, AND HYDROGEN SCORED VICTORIES ON THE DANCE FLOOR, BUT THE STUDENTS QUICKLY LEARNED THAT EVERY RENEWABLE ENERGY SOURCE PLAYS A HUGE ROLE IN POWERING OUR PLANET AND DEFEATING CLIMATE CHANGE, AND WE NEED TO SUPPORT THEM ALL. BEFORE THE ENERGY BATTLE ROYAL COULD BEGIN, LAUSD STUDENTS HAD TO POWER UP THE SOUND SYSTEM AND LED LIGHT TOWERS BY GENERATING KINETIC ENERGY ON THE ENGINEERED SEESAWS, HUMAN-SIZED HAMSTER WHEELS, BIKES, AND A SWINGSET. AFTER RUNNING, JUMPING, AND SWINGING - THE ENERGY WELLS WERE FULL AND YOU COULD FEEL THE ENERGY IN THE ROOM. DEVELOPED AND PRODUCED THE ART OF RECYCLING INITIATIVE AT THE COACHELLA MUSIC & ARTS FESTIVAL (INDIO, CA), FURTHER FEST (TURIN, ITALY), AND STAGECOACH MUSIC FESTIVAL (INDIO, CA). GLOBAL INHERITANCE REDESIGNED OVER 160 RECYCLING BINS BY 80 DIFFERENT ARTISTS. THE ARTWORK WAS SHOWCASED AT SPECIAL PRE-SHOW FREE EVENTS AT THE FESTIVAL AND DONATED TO SCHOOLS AFTER THE FESTIVAL TO LAUNCH RECYCLING AND SUSTAINABILITY PROGRAMS ON CAMPUS. GLOBAL INHERITANCE PRODUCED THE POSTED STUDIO AND POSTED STUDIO SPEAKER SERIES AT THE COACHELLA MUSIC & ARTS FESTIVAL (INDIO,CA). THIS INTERACTIVE ART STUDIO ENCOURAGES EVENT ATTENDEES TO DEVELOP POSTER CONCEPTS AROUND ENVIRONMENTAL AND SOCIAL ISSUES 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. THE FINAL REDESIGNS ARE THEN PLACED ONLINE FOR PEOPLE TO DOWNLOAD AND USE IN SCHOOL PRESENTATIONS, WALL ART AND OTHER NON-COMMERCIAL PURPOSES. SUPPORTING THE POSTED STUDIO, GLOBAL INHERITANCE ALSO PRODUCED A SPEAKER SERIES. THE POSTED STUDIO SPEAKER STAGE IS AN OPPORTUNITY TO HIGHLIGHT LEADERS IN THE CLIMATE, SOCIAL, AND ENVIRONMENTAL EDUCATION SPACE WHO WANT TO SHARE THEIR KNOWLEDGE AND INSPIRE COACHELLA ATTENDEES OVER TWO WEEKENDS. THE SPEAKER STAGE IS FLEXIBLE - TAKING THE FORMAT THAT BEST PRESENTS THE SPEAKER'S CONTENT: MODERATED Q/A SESSION, TED TALK STYLE PRESENTATION, SHOW & TELL OR INTERACTIVE WORKSHOP. THIS YEAR'S SPEAKER STAGE INCLUDED A NUMBER OF HIGH-PROFILE ACTIVISTS AND ENVIRONMENTALISTS, INCLUDING JADEN SMITH, LEAH THOMAS, EARTHGANG, NASA SCIENTISTS, DR. BEN HAMLINGTON, JAMES WILKS, DANNI WASHINGTON, UMI, XIUHTEZCATI, CONGRESSMAN MAXWELL FROST, PHOEBE GATES, SOPHIA KIANNI, AND MORE. THE ORGANIZATION LAUNCHED A NEW INITIATIVE TO ENCOURAGE COACHELLA MUSIC & ARTS FESTIVAL ATTENDEE TO PURCHASE SECOND HAND CLOTHING AND PROMOTE THE IDEA OF THRIFTING TO THEIR FRIENDS AND FAMILY. GLOBAL INHERITANCE PARTNERED WITH VINTAGE STORES ACROSS CALIFORNIA TO PARTICIPATE IN THE ART OF THRIFTING TO SUPPORT LOCAL BUSINESSES, CONNECT THEM WITH FESTIVAL ATTENDEES, AND PROMOTE VINTAGE FESTIVAL WEAR TO REDUCE THE ENVIRONMENTAL BURDEN OF BUYING NEW CLOTHES. STORES RECEIVED A VINTAGE COACHELLA ART OF RECYCLING BIN - ENCOURAGING PATRONS TO BUY VINTAGE AND RECYCLE THEIR FESTIVAL OUTFITS. THEY ALSO ORGANIZE A PHOTO SHOOT WITH THAT RECYCLING BIN - WITH UNIQUE OUTFITS FROM YOUR STORE STYLED TO MATCH THE BIN ARTWORK. GLOBAL INHERITANCE ORGANIZED AND PRODUCED 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 (INDIO,CA).
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IRS990/MissionDesc0GLOBAL 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/OtherExpensesGrp/Desc3WEB & SOFTWARE
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IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1LUGGAGE FOR OFF
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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/ExplanationTxt1ON MARCH 15TH, GLOBAL INHERITANCE, LAUSD, AND SOCALREN PRESENTED THE ENERGY BATTLE ROYAL AT THE FUTURE GREEN LEADERS SUMMIT AT THE LOS ANGELES CONVENTION CENTER. THE MISSION OF THE ORGANIZATIONS' NEWEST PROGRAM IS TO GIVE 1,800 MIDDLE SCHOOLERS FROM SOUTH LA THE INSPIRATION TO EXPLORE DIFFERENT CAREER PATHWAYS IN SUSTAINABILITY AND ENERGY EFFICIENCY. ALL STUDENTS RECEIVED "POWER CARDS" AS THEY ENTERED THE CONFERENCE, WHICH ASSIGNED THEM TO A SPECIFIC ENERGY DANCE CREW. THE RENEWABLE ENERGY SOURCES AND MC POWERFUL COMMUNICATED THE PROS AND CONS OF EACH POWER SOURCE WHILE PROFESSIONAL DANCERS SHOWED THE STUDENTS ORIGINAL DANCE MOVES REPRESENTING EACH ENERGY SOURCE. ETHANOL, GEOTHERMAL, AND HYDROGEN SCORED VICTORIES ON THE DANCE FLOOR, BUT THE STUDENTS QUICKLY LEARNED THAT EVERY RENEWABLE ENERGY SOURCE PLAYS A HUGE ROLE IN POWERING OUR PLANET AND DEFEATING CLIMATE CHANGE, AND WE NEED TO SUPPORT THEM ALL. BEFORE THE ENERGY BATTLE ROYAL COULD BEGIN, LAUSD STUDENTS HAD TO POWER UP THE SOUND SYSTEM AND LED LIGHT TOWERS BY GENERATING KINETIC ENERGY ON THE ENGINEERED SEESAWS, HUMAN-SIZED HAMSTER WHEELS, BIKES, AND A SWINGSET. AFTER RUNNING, JUMPING, AND SWINGING - THE ENERGY WELLS WERE FULL AND YOU COULD FEEL THE ENERGY IN THE ROOM. DEVELOPED AND PRODUCED THE ART OF RECYCLING INITIATIVE AT THE COACHELLA MUSIC & ARTS FESTIVAL (INDIO, CA), FURTHER FEST (TURIN, ITALY), AND STAGECOACH MUSIC FESTIVAL (INDIO, CA). GLOBAL INHERITANCE REDESIGNED OVER 160 RECYCLING BINS BY 80 DIFFERENT ARTISTS. THE ARTWORK WAS SHOWCASED AT SPECIAL PRE-SHOW FREE EVENTS AT THE FESTIVAL AND DONATED TO SCHOOLS AFTER THE FESTIVAL TO LAUNCH RECYCLING AND SUSTAINABILITY PROGRAMS ON CAMPUS. GLOBAL INHERITANCE PRODUCED THE POSTED STUDIO AND POSTED STUDIO SPEAKER SERIES AT THE COACHELLA MUSIC & ARTS FESTIVAL (INDIO,CA). THIS INTERACTIVE ART STUDIO ENCOURAGES EVENT ATTENDEES TO DEVELOP POSTER CONCEPTS AROUND ENVIRONMENTAL AND SOCIAL ISSUES 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. THE FINAL REDESIGNS ARE THEN PLACED ONLINE FOR PEOPLE TO DOWNLOAD AND USE IN SCHOOL PRESENTATIONS, WALL ART AND OTHER NON-COMMERCIAL PURPOSES. SUPPORTING THE POSTED STUDIO, GLOBAL INHERITANCE ALSO PRODUCED A SPEAKER SERIES. THE POSTED STUDIO SPEAKER STAGE IS AN OPPORTUNITY TO HIGHLIGHT LEADERS IN THE CLIMATE, SOCIAL, AND ENVIRONMENTAL EDUCATION SPACE WHO WANT TO SHARE THEIR KNOWLEDGE AND INSPIRE COACHELLA ATTENDEES OVER TWO WEEKENDS. THE SPEAKER STAGE IS FLEXIBLE - TAKING THE FORMAT THAT BEST PRESENTS THE SPEAKER'S CONTENT: MODERATED Q/A SESSION, TED TALK STYLE PRESENTATION, SHOW & TELL OR INTERACTIVE WORKSHOP. THIS YEAR'S SPEAKER STAGE INCLUDED A NUMBER OF HIGH-PROFILE ACTIVISTS AND ENVIRONMENTALISTS, INCLUDING JADEN SMITH, LEAH THOMAS, EARTHGANG, NASA SCIENTISTS, DR. BEN HAMLINGTON, JAMES WILKS, DANNI WASHINGTON, UMI, XIUHTEZCATI, CONGRESSMAN MAXWELL FROST, PHOEBE GATES, SOPHIA KIANNI, AND MORE. THE ORGANIZATION LAUNCHED A NEW INITIATIVE TO ENCOURAGE COACHELLA MUSIC & ARTS FESTIVAL ATTENDEE TO PURCHASE SECOND HAND CLOTHING AND PROMOTE THE IDEA OF THRIFTING TO THEIR FRIENDS AND FAMILY. GLOBAL INHERITANCE PARTNERED WITH VINTAGE STORES ACROSS CALIFORNIA TO PARTICIPATE IN THE ART OF THRIFTING TO SUPPORT LOCAL BUSINESSES, CONNECT THEM WITH FESTIVAL ATTENDEES, AND PROMOTE VINTAGE FESTIVAL WEAR TO REDUCE THE ENVIRONMENTAL BURDEN OF BUYING NEW CLOTHES. STORES RECEIVED A VINTAGE COACHELLA ART OF RECYCLING BIN - ENCOURAGING PATRONS TO BUY VINTAGE AND RECYCLE THEIR FESTIVAL OUTFITS. THEY ALSO ORGANIZE A PHOTO SHOOT WITH THAT RECYCLING BIN - WITH UNIQUE OUTFITS FROM YOUR STORE STYLED TO MATCH THE BIN ARTWORK. GLOBAL INHERITANCE ORGANIZED AND PRODUCED 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 (INDIO,CA).
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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IRS990/TotalOtherProgSrvcExpenseAmt089194
IRS990/TotalProgramServiceExpensesAmt0305715
IRS990/TotalReportableCompFromOrgAmt07980
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IRS990/USAddress/CityNm0LOS ANGELES
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IRS990/WebsiteAddressTxt0WWW.GLOBALINHERITANCE.ORG
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC RITZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02136260061
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOBAL INHERITANCE INC
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0550904687
ReturnHeader/Filer/PhoneNum02136838442
ReturnHeader/Filer/USAddress/AddressLine1Txt01855 INDUSTRIAL STREET SUITE 613
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0854367835
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DOVID EINSTEIN CPA APC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02029 CENTURY PARK EAST 4TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CENTURY CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090067
ReturnHeader/PreparerPersonGrp/PhoneNum03104225219
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOVID EINSTEIN CPA
ReturnHeader/ReturnTs02024-11-15T13:55:59-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.71$0.07$0.64$3.42$3.31$0.11
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
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