Civic Intelligence

Glocal Ventures Inc.

990 • Fiscal year 2014 • EIN 61-1429138

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 11, 2015

Organization ProfileWWW.GLOCALVENTURES.ORG
1870 Rufe Snow DriveKeller, TX 76248

(817) 656-5136

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

24th percentile

0.00x

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

64th percentile

9.0%

Higher net margin than 64% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

54th percentile

$24,000

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

96th percentile

146%

Faster asset growth than 96% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

80th percentile

33%

Faster revenue growth than 80% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets24th percentile

Assets

Up

$97,367

Up $57,836 (+146%) from 2013

Net Assets

Up

$97,367

Up $58,936 (+153%) from 2013

Liabilities

Down

$0

Down $1,100 (-100%) from 2013

Revenue And Expenses
Liabilities / Revenue24th percentileNet Margin64th percentile

Revenue

Up

$544,273

Up $133,727 (+33%) from 2013

Expenses

Up

$495,188

Up $96,050 (+24%) from 2013

Net Income

Up

$49,085

Up $37,677 (+330%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$300K$200K$100K$0Assets 2010: $64,930Liabilities 2010: $1,100Net Assets 2010: $63,8302010Assets 2011: $106,402Liabilities 2011: $0Net Assets 2011: $106,4022011Assets 2012: $28,344Liabilities 2012: $0Net Assets 2012: $28,3442012Assets 2013: $39,531Liabilities 2013: $1,100Net Assets 2013: $38,4312013Assets 2014: $97,367Liabilities 2014: $0Net Assets 2014: $97,3672014Assets 2015: $96,981Liabilities 2015: $0Net Assets 2015: $96,9812015Assets 2016: $73,175Liabilities 2016: $0Net Assets 2016: $73,1752016Assets 2017: $81,700Liabilities 2017: $0Net Assets 2017: $81,7002017Assets 2018: $96,874Liabilities 2018: $0Net Assets 2018: $96,8742018Assets 2019: $115,609Liabilities 2019: $0Net Assets 2019: $115,6092019Assets 2020: $118,140Net Assets 2020: $118,1402020Assets 2021: $136,542Net Assets 2021: $136,5422021Assets 2022: $180,272Liabilities 2022: $0Net Assets 2022: $180,2722022Assets 2023: $204,093Liabilities 2023: $0Net Assets 2023: $204,0932023Assets 2024: $183,749Liabilities 2024: $0Net Assets 2024: $183,7492024

Highlighted filing

2014

Assets$97,367
Liabilities$0
Net Assets$97,367
Open 2014 Filing

Operations Trend

Revenue Growth80th percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $555,6792010Revenue 2011: $711,843Expenses 2011: $669,271Net Income 2011: $42,5722011Expenses 2012: $471,2242012Revenue 2013: $410,546Expenses 2013: $399,138Net Income 2013: $11,4082013Revenue 2014: $544,273Expenses 2014: $495,188Net Income 2014: $49,0852014Revenue 2015: $499,931Expenses 2015: $474,213Net Income 2015: $25,7182015Revenue 2016: $367,010Expenses 2016: $390,816Net Income 2016: -$23,8062016Revenue 2017: $461,058Expenses 2017: $452,533Net Income 2017: $8,5252017Revenue 2018: $467,790Expenses 2018: $452,616Net Income 2018: $15,1742018Revenue 2019: $383,821Expenses 2019: $365,086Net Income 2019: $18,7352019Revenue 2020: $198,679Expenses 2020: $196,148Net Income 2020: $2,5312020Revenue 2021: $181,885Expenses 2021: $163,483Net Income 2021: $18,4022021Revenue 2022: $271,675Expenses 2022: $227,945Net Income 2022: $43,7302022Revenue 2023: $336,775Expenses 2023: $312,954Net Income 2023: $23,8212023Revenue 2024: $325,568Expenses 2024: $345,814Net Income 2024: -$20,2462024

Highlighted filing

2014

Revenue$544,273
Expenses$495,188
Net Income$49,085
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 11, 2015
Return Version
2014v5.0
Gross Receipts
$544,273
Mission and Program Overview

Mission

Glocal ventures is dedicated to holistic, socio-economic development in vietnam. Glocal ventures mobilizes volunteers from around the world to partner with communities in vietnam to see dreams realized and lives transformed. Volunteers serve alongside communities to help people work together in interdependency, taking charge of their situations and moving towards a more empowered and satisfying life as individuals and community.

Glocal ventures is dedicated to holistic, socio-economic development in vietnam.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$39,531$93,095▲ $53,564
Land, Buildings, and Equipment, Net-$4,272-
Total Assets$39,531$97,367▲ $57,836
Liabilities
Accounts Payable and Accrued Expenses$1,100--
Total Liabilities$1,100$0▼ $1,100
Net Assets / Fund Balance
Unrestricted Net Assets$38,431$71,423▲ $32,992
Temporarily Rstr Net Assets-$25,944-
Total Net Assets Fund Balance$38,431$97,367▲ $58,936
Total Liabilities and Net Assets / Fund Balance$39,531$97,367▲ $57,836

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,272$73$4,345
Compensation and Service Providers
Top Officer Pay54th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Tan Vu ManhExecutive DiFT$24,000$24,000

Board Members and Trustees

NameTitle
Omar ReyesDirector
Richard SageDirector
Bob Roberts JrDirector/CHA
Dennis JeffaresDirector/sec
Kathleen HindmanDirector/tre
Revenue and Support

Revenue Composition

Contributions and Grants
$342,949
Program Service Revenue
$200,844
Investment Income
$0
Other Revenue
$480
All Other Contributions
$342,949
Change in Net Assets
$49,085
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$253,391
Grants and Similar Amounts Paid$160,909
Salaries, Compensation, and Employee Benefits$80,888
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$216,271$5,742-$222,013
Foreign Grants$160,659--$160,659
Other Salaries and Wages$42,198--$42,198
Current Officers, Directors, Trustees, and Key Employees$24,000--$24,000
Other Employee Benefits$14,690--$14,690
Occupancy$10,105--$10,105
Conferences and Meetings-$6,933-$6,933
Office Expenses-$6,278-$6,278
Information Technology-$2,733-$2,733
Fees for Services Other$2,600$33-$2,633
Other Expenses$682$289-$289
Grants to Domestic Orgs$250--$250
Fees for Services Accounting-$200-$200
Depreciation Depletion$73--$73
Total Functional Expenses$471,528$23,660$0$495,188
International Activity

International Summary

Employees
188
Spending
$493,888

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificProgram Services---$333,229
East Asia and the PacificGrants--188$160,659
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
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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 4

“The organization amended its bylaws to institute the following changes: 1. The number of directors was changed from 7 to between 3 and 10; 2. Changed the responsible party for the to change the management of the business affairs from an executive committee to an executive director; and 3. Changed the officer positions from president, vice president, secretary and treasurer to chairman, secretary and treasurer.”

Form 990, Page 6, Part VI, Line 11B

“The form 990 is prepared by an outside accounting firm. Upon completion the form 990 is reviewed by the entire board prior to being filed with the internal revenue service.”

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

“Compliance with the conflict of interest policy is accomplished through board meeting discussions and open lines of communication. Each member of the board also fills out a questionnaire regarding disclosure of any family and business relations between themselves and the organization.”

Form 990, Page 6, Part VI, Line 15A

“The salary for the executive director was reviewed and approved by the board of directors. The compensation is based on comparable salaries of similar positions.”

Form 990, Page 6, Part VI, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Glocal Ventures Inc
EIN
61-1429138
Phone
8176565136
Address
1870 RUFE SNOW DRIVE, KELLER, TX 76248

Signing Officer

Name
Kathleen Hindman
Title
Director/treasurer
Phone
8176565136
Signed
2015-06-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bob Roberts Jr
Formed
2002
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
183

Preparer

Firm
Sommerville & Associates Pc
Address
3030 MATLOCK RD STE 201, ARLINGTON, TX 76015-2936
Preparer
Elaine L Sommerville CPA
Phone
8177955046
Supplemental Narrative

Additional Explanations

Form 990, Part V

“Line 2a - the compensation is paid to nonresident aliens performing work in a foreign country. No compensation is paid to us residents.”

Form 990, Part V, Line 4B

“VIETNAM”

Raw XML AppendixShowing 400 of 421 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01100
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0GLOCAL VENTURES IS DEDICATED TO HOLISTIC, SOCIO-ECONOMIC DEVELOPMENT IN VIETNAM.
IRS990/AllOtherContributionsAmt0342949
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0LISA FANDRICH
IRS990/BooksInCareOfDetail/PhoneNum08176565136
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01870 RUFE SNOW DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0KELLER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd076248
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt039531
IRS990/CashNonInterestBearingGrp/EOYAmt093095
IRS990/ChangeToOrgDocumentsInd0true
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt024000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt024000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt06933
IRS990/ConferencesMeetingsGrp/TotalAmt06933
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0342949
IRS990/CYGrantsAndSimilarPaidAmt0160909
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0253391
IRS990/CYOtherRevenueAmt0480
IRS990/CYProgramServiceRevenueAmt0200844
IRS990/CYRevenuesLessExpensesAmt049085
IRS990/CYSalariesCompEmpBnftPaidAmt080888
IRS990/CYTotalExpensesAmt0495188
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0544273
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt073
IRS990/DepreciationDepletionGrp/TotalAmt073
IRS990/Desc0GLOCAL VENTURES MOBILIZES VOLUNTEERS FROM AROUND THE WORLD TO PARTNER WITH COMMUNITIES IN VIETNAM TO SEE DREAMS REALIZED AND LIVES TRANSFORMED. VOLUNTEERS SERVE ALONGSIDE COMMUNITIES TO HELP PEOPLE WORK TOGETHER IN INTERDEPENDENCY, TAKING CHARGE OF THEIR SITUATIONS AND MOVING TOWARDS A MORE EMPOWERED AND SATISFYING LIFE AS INDIVIDUALS AND COMMUNITY. DURING 2014, 120 NURSING STUDENTS WERE TRAINED, 100 TEACHERS RECEIVED TRAINING, 200 TEACHES ATTENDED A SPECIAL EDUCATION TRAINING CONFERENCE, NUTRITIONAL PROGRAMS SUPPLEMENTED MEALS FOR 348 STUDENTS IN THE LAO CAI PROVINCE, A KITCHEN SPACE WAS BUILT FOR 195 STUDENTS, SUMMER CAMPS WERE HELD FOR 200 KIDS FROM AN ORPHANAGE, AND 175 STUDENTS ATTENDED HEALTH AND HYGIENE TRAINING.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0471528
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0200
IRS990/FeesForServicesAccountingGrp/TotalAmt0200
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt033
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02600
IRS990/FeesForServicesOtherGrp/TotalAmt02633
IRS990/ForeignActivitiesInd0true
IRS990/ForeignCountryCd0VM
IRS990/ForeignFinancialAccountInd0true
IRS990/ForeignGrantsGrp/ProgramServicesAmt0160659
IRS990/ForeignGrantsGrp/TotalAmt0160659
IRS990/ForeignOfficeInd0true
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0BOB ROBERTS JR
IRS990/Form990PartVIISectionAGrp/PersonNm1OMAR REYES
IRS990/Form990PartVIISectionAGrp/PersonNm2RICHARD SAGE
IRS990/Form990PartVIISectionAGrp/PersonNm3KATHLEEN HINDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4DENNIS JEFFARES
IRS990/Form990PartVIISectionAGrp/PersonNm5TAN VU MANH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt524000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR/CHA
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR/TRE
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR/SEC
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0160909
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0250
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0250
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0544273
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02733
IRS990/InformationTechnologyGrp/TotalAmt02733
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt073
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04272
IRS990/LandBldgEquipCostOrOtherBssAmt04345
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0GLOCAL VENTURES IS DEDICATED TO HOLISTIC, SOCIO-ECONOMIC DEVELOPMENT IN VIETNAM.
IRS990/MoreThan5000KToIndividualsInd0true
IRS990/MoreThan5000KToOrgInd0true
IRS990/NetAssetsOrFundBalancesBOYAmt038431
IRS990/NetAssetsOrFundBalancesEOYAmt097367
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt010105
IRS990/OccupancyGrp/TotalAmt010105
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06278
IRS990/OfficeExpensesGrp/TotalAmt06278
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt014690
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014690
IRS990/OtherExpensesGrp/Desc0SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1UNIFORMS
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01452
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1289
IRS990/OtherExpensesGrp/ProgramServicesAmt0682
IRS990/OtherExpensesGrp/TotalAmt01452
IRS990/OtherExpensesGrp/TotalAmt1682
IRS990/OtherExpensesGrp/TotalAmt2289
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0480
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0480
IRS990/OtherRevenueTotalAmt0480
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt042198
IRS990/OtherSalariesAndWagesGrp/TotalAmt042198
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BOB ROBERTS JR
IRS990/PriorPeriodAdjustmentsAmt09851
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0485000
IRS990/ProgramServiceRevenueGrp/Desc0PARTNER TRAVEL FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0200844
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0200844
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt010737
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0399138
IRS990/PYProgramServiceRevenueAmt0399809
IRS990/PYRevenuesLessExpensesAmt011408
IRS990/PYTotalExpensesAmt0399138
IRS990/PYTotalRevenueAmt0410546
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt049085
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0200844
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS 480
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0342949
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt010737
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0393265
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0243856
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0165855
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01156662
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0798192
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0480
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0480
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.54750
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01156662
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0342949
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt010737
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0393265
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0243856
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0165855
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01156662
IRS990ScheduleA/TotalSupportAmt02112772
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt0103768
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt047057
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt0467967
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt0336838
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0955630
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt04272
IRS990ScheduleD/EquipmentGrp/DepreciationAmt073
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04345
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04272
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt0188
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0160659
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1333229
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt0GLASSES
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt1SUPPLIES
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt052
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt15983
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt01
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt1800
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1EAST ASIA AND THE PACIFIC
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0MEDICAL SUPPLIES
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1SUPPLIES TO CHILDREN
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc0COST
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc1COST
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt014450
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt13500
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt2480
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt335910
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt41946
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt57970
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt0SPORTS EQUIP
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt1WATER BUFFALO
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt2SUPPLIES
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt3SPORTS EQUIP
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt4SUPPLIES
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt5EDUCATION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt04475
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt17000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt214980
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt35850
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt435192
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt514800
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1EAST ASIA AND THE PACIFIC
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2EAST ASIA AND THE PACIFIC
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt3EAST ASIA AND THE PACIFIC
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt4EAST ASIA AND THE PACIFIC
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt5EAST ASIA AND THE PACIFIC
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt6EAST ASIA AND THE PACIFIC
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc1FMV
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc2FMV
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc3FMV
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt0188
IRS990ScheduleF/SubtotalSpentAmt0493888
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0GRANT REQUESTS FOR SUPPORT IN VIETNAM ARE SUBMITTED TO THE US OFFICE IN THE FORM OF A PROPOSAL WITH BUDGET ESTIMATIONS. SUPPORT IS THEN APPROVED BY THE US DIRECTOR AND THE US BOARD MEMBERS. ONGOING PROGRESS AND PROGRAMMATIC OUTCOMES ARE REGULARLY SENT TO THE US OFFICE TO ENSURE PROPER STEWARDSHIP.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1EAST ASIA AND THE PACIFIC 160,659 0 EAST ASIA AND THE PACIFIC 333,229 0
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt2PART IV, QUESTION 1 - FORM 926 IS NOT REQUIRED TO BE FILED.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 2
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE F, PAGE 5, PART V
IRS990ScheduleF/TotalEmployeeCnt0188
IRS990ScheduleF/TotalOtherOrgCnt07
IRS990ScheduleF/TotalSpentAmt0493888
IRS990ScheduleF/TransferToForeignCorpInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 2A - THE COMPENSATION IS PAID TO NONRESIDENT ALIENS PERFORMING WORK IN A FOREIGN COUNTRY. NO COMPENSATION IS PAID TO US RESIDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VIETNAM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION AMENDED ITS BYLAWS TO INSTITUTE THE FOLLOWING CHANGES: 1. THE NUMBER OF DIRECTORS WAS CHANGED FROM 7 TO BETWEEN 3 AND 10; 2. CHANGED THE RESPONSIBLE PARTY FOR THE TO CHANGE THE MANAGEMENT OF THE BUSINESS AFFAIRS FROM AN EXECUTIVE COMMITTEE TO AN EXECUTIVE DIRECTOR; AND 3. CHANGED THE OFFICER POSITIONS FROM PRESIDENT, VICE PRESIDENT, SECRETARY AND TREASURER TO CHAIRMAN, SECRETARY AND TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. UPON COMPLETION THE FORM 990 IS REVIEWED BY THE ENTIRE BOARD PRIOR TO BEING FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS ACCOMPLISHED THROUGH BOARD MEETING DISCUSSIONS AND OPEN LINES OF COMMUNICATION. EACH MEMBER OF THE BOARD ALSO FILLS OUT A QUESTIONNAIRE REGARDING DISCLOSURE OF ANY FAMILY AND BUSINESS RELATIONS BETWEEN THEMSELVES AND THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SALARY FOR THE EXECUTIVE DIRECTOR WAS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE COMPENSATION IS BASED ON COMPARABLE SALARIES OF SIMILAR POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART V, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 4
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt025944
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt039531
IRS990/TotalAssetsEOYAmt097367
IRS990/TotalAssetsGrp/BOYAmt039531
IRS990/TotalAssetsGrp/EOYAmt097367
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0342949
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023660
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0471528
IRS990/TotalFunctionalExpensesGrp/TotalAmt0495188
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01100
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt01100
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt038431
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt097367
IRS990/TotalProgramServiceExpensesAmt0471528
IRS990/TotalProgramServiceRevenueAmt0200844
IRS990/TotalReportableCompFromOrgAmt024000
IRS990/TotalRevenueGrp/ExclusionAmt0480
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0200844
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0544273
IRS990/TotalVolunteersCnt0183
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt039531
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt097367
IRS990/TravelGrp/ManagementAndGeneralAmt05742
IRS990/TravelGrp/ProgramServicesAmt0216271
IRS990/TravelGrp/TotalAmt0222013
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt038431
IRS990/UnrestrictedNetAssetsGrp/EOYAmt071423
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01870 RUFE SNOW DRIVE
IRS990/USAddress/CityNm0KELLER
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076248
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.GLOCALVENTURES.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHLEEN HINDMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08176565136
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-06-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOCAL VENTURES INC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$97,367
Liabilities
$0
Net assets
$97,367
Revenue
$544,273
Expenses
$495,188
Net income
$49,085
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.00$1.84$3.26$3.46$0.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.04$0.00$2.04$3.37$3.13$0.24
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.00$1.80$2.72$2.28$0.44
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$1.37$1.82$1.63$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$1.18$1.99$1.96$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.00$1.16$3.84$3.65$0.19
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.00$0.97$4.68$4.53$0.15
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.00$0.82$4.61$4.53$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.00$0.73$3.67$3.91$0.24
2015Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$5.00$4.74$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$5.44$4.95$0.49
2013Detailed filing. Detailed filing data is available for this year.$0.40$0.01$0.38$4.11$3.99$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.00$0.28$4.71
2011Summary only. Only limited summary data is available for this year.$1.06$0.00$1.06$7.12$6.69$0.43
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.01$0.64$5.56