Liabilities / Assets
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Glocal Ventures Inc.
990 • Fiscal year 2016 • EIN 61-1429138
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
28th percentile
Higher net margin than 28% of similar nonprofits.
Top Officer Pay
86th percentile
Higher top officer pay than 86% of similar nonprofits.
Top officer pay equals 8.0% of source-year revenue.
Asset Growth
18th percentile
Faster asset growth than 18% of similar nonprofits.
Revenue Growth
19th percentile
Faster revenue growth than 19% of similar nonprofits.
Balance Sheet
Assets
Down$73,175
Down $23,806 (-25%) from 2015
Net Assets
Down$73,175
Down $23,806 (-25%) from 2015
Liabilities
Flat$0
Flat from 2015
Revenue And Expenses
Revenue
Down$367,010
Down $132,921 (-27%) from 2015
Expenses
Down$390,816
Down $83,397 (-18%) from 2015
Net Income
Down-$23,806
Down $49,524 (-193%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Aug 10, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $367,010
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
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $91,235 | $67,487 | ▼ $23,748 |
| Land, Buildings, and Equipment, Net | $5,746 | $5,688 | ▼ $58 |
| Total Assets | $96,981 | $73,175 | ▼ $23,806 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $72,810 | $61,813 | ▼ $10,997 |
| Temporarily Rstr Net Assets | $24,171 | $11,362 | ▼ $12,809 |
| Total Net Assets Fund Balance | $96,981 | $73,175 | ▼ $23,806 |
| Total Liabilities and Net Assets / Fund Balance | $96,981 | $73,175 | ▼ $23,806 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $5,688 | $3,016 | $8,704 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Vu Manh Tan | Executive Di | FT | $26,000 | $3,468 | $29,468 |
Board Members and Trustees
| Name | Title |
|---|---|
| Nic Burleson | Director |
| Bob Roberts Jr | Director/CHA |
| Dennis Jeffares | Director/sec |
| Kathleen Hindman | Director/tre |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $239,897
- Program Service Revenue
- $127,083
- Investment Income
- $0
- Other Revenue
- $30
- All Other Contributions
- $239,897
- Change in Net Assets
- $-23,806
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $153,057 |
| Other Expenses | $152,450 |
| Salaries, Compensation, and Employee Benefits | $85,309 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Foreign Grants | $153,057 | - | - | $153,057 |
| Travel | $115,632 | $6,734 | - | $122,366 |
| Other Salaries and Wages | $41,655 | - | - | $41,655 |
| Current Officers, Directors, Trustees, and Key Employees | $29,150 | $318 | - | $29,468 |
| Other Employee Benefits | $13,635 | $551 | - | $14,186 |
| Occupancy | $8,253 | - | - | $8,253 |
| Office Expenses | $785 | $6,035 | - | $6,820 |
| Fees for Services Other | $6,636 | $45 | - | $6,681 |
| Fees for Services Accounting | - | $2,385 | - | $2,385 |
| Information Technology | - | $2,054 | - | $2,054 |
| Depreciation Depletion | $1,626 | - | - | $1,626 |
| Other Expenses | - | $687 | - | $687 |
| Conferences and Meetings | $209 | - | - | $209 |
| Advertising | - | $34 | - | $34 |
| Total Functional Expenses | $370,638 | $20,178 | $0 | $390,816 |
International Activity
International Summary
- Offices
- 1
- Employees
- 7
- Spending
- $389,017
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
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| East Asia and the Pacific | Program Services | Community Assistance | - | - | $230,275 |
| East Asia and the Pacific | Grants | Community Assistance | 1 | 7 | $153,057 |
| East Asia and the Pacific | Program Investments | - | - | - | $5,685 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| 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
- 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 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
“The conflict of interest policy covers the board of directors. Directors are expected to disclose any potentional conflict of interest to the board. If a conflict of interest exists, the interested person abstains from participation in the business item.”
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 through informal surveys.”
Form 990, Page 6, Part VI, Line 15B
“The organization does not compensate any other officers or key employees.”
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
- 8176565134
- Address
- 1870 RUFE SNOW DRIVE, KELLER, TX 76248
Signing Officer
- Name
- Bob Roberts Jr
- Title
- Director/chairman
- Phone
- 8176565136
- Signed
- 2017-08-10
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Bob Roberts Jr
- Formed
- 2002
- Legal Domicile
- TX
- Voting Board Members
- 4
- Independent Board Members
- 4
- Employees
- 0
- Volunteers
- 145
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 - ORGANIZATION'S 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.”
Form 990, Part III
“Line 4a during 2016, 145 volunteers spent approximately 6,648 volunteer hours in vietnam,impacting 10,889 people. The masters of nursing program continued to grow at nam dinh nursing university, where u.s. University nursing faculty taught courses to a class of 60 masters students. Dental training was provided for 352 students. 20 water buffalos were donated to needy farmers. 50 water filtration systems were installed in 28 rural schools. 25 sets of exercise equipment were installed in 6 rural schools. 4,200 sq.ft. Of concrete yard and 1 mushroom shed were built at 4 schools. 410 teachers received training. Nutritional programs supplemented meals for 700 students. A building & 2 bathrooms were renovated for an orphanage. 3 summer camps & 4 field trips were provided for 180 orphans. 34 business owners received business training. 200 families received food packages.”
Form 990, Part V
“Line 2a - the compensation is paid to nonresident aliens performing work in a foreign country. No compensation is paid to u.s. Residents.”
Form 990, Part V, Line 4B
“VIETNAM”
Raw XML AppendixShowing 400 of 453 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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| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 10737 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 393265 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1294446 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1445751 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 103768 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 47057 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 150825 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 5688 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 3016 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 8704 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 5688 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 0 | 7 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 0 | 1 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 0 | 153057 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 1 | 230275 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 2 | 5685 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 0 | EAST ASIA AND THE PACIFIC |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 1 | EAST ASIA AND THE PACIFIC |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 2 | EAST ASIA AND THE PACIFIC |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt | 0 | COMMUNITY ASSISTANCE |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt | 1 | COMMUNITY ASSISTANCE |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 0 | GRANTS |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 1 | PROGRAM SERVICES |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 2 | PROGRAM INVESTMENTS |
| IRS990ScheduleF/BoycottCountriesInd | 0 | false |
| IRS990ScheduleF/ForeignCorpOwnershipInd | 0 | false |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt | 0 | 1418 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt | 0 | FOOD |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt | 1 | WATER BUFFALO |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt | 2 | WATER FILTERS |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt | 0 | CASH |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt | 0 | 4091 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt | 1 | 10909 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt | 2 | 2888 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt | 0 | 13 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt | 1 | 200 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt | 2 | 20 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt | 3 | 50 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt | 0 | EAST ASIA AND THE PACIFIC |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt | 1 | EAST ASIA AND THE PACIFIC |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt | 2 | EAST ASIA AND THE PACIFIC |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt | 3 | EAST ASIA AND THE PACIFIC |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt | 0 | SCHOLARSHIPS |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt | 1 | FOOD BASKETS TO FAMILIES |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt | 2 | WATER BUFFALO TO FARMERS |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt | 3 | WATER FILTERS AND SUPPLIE |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc | 0 | COST |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc | 1 | COST |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc | 2 | COST |
| IRS990ScheduleF/ForeignPartnershipInd | 0 | false |
| IRS990ScheduleF/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 0 | 3773 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 1 | 6388 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 2 | 11273 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 3 | 15014 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 4 | 6275 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 5 | 11773 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 6 | 3182 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt | 0 | SUPPLIES |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt | 1 | GENERAL SUPPORT |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt | 2 | EQUIPMENT |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt | 3 | EQUIPMENT |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt | 4 | FOOD |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt | 0 | CASH |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt | 1 | CASH |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt | 2 | CASH |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt | 3 | CASH |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt | 4 | CASH |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt | 5 | CASH |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt | 6 | CASH |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt | 0 | 14579 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt | 1 | 23665 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt | 2 | 14547 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt | 3 | 6818 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt | 4 | 3955 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 0 | GENERAL SUPPORT |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 1 | PART V |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 2 | PART V |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 3 | TRAINING |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 4 | NUTRITION EDUCATION |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 5 | NUTRITION EDUCATION |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 6 | FARM PROJECT |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 0 | EAST ASIA AND THE PACIFIC |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 1 | EAST ASIA AND THE PACIFIC |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 2 | EAST ASIA AND THE PACIFIC |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 3 | EAST ASIA AND THE PACIFIC |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 4 | EAST ASIA AND THE PACIFIC |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 5 | EAST ASIA AND THE PACIFIC |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 6 | EAST ASIA AND THE PACIFIC |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc | 0 | COST |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc | 1 | COST |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc | 2 | COST |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc | 3 | COST |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc | 4 | COST |
| IRS990ScheduleF/InterestInForeignTrustInd | 0 | false |
| IRS990ScheduleF/PassiveForeignInvestmestCoInd | 0 | false |
| IRS990ScheduleF/SubtotalEmployeesCnt | 0 | 7 |
| IRS990ScheduleF/SubtotalOfficesCnt | 0 | 1 |
| IRS990ScheduleF/SubtotalSpentAmt | 0 | 389017 |
| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 0 | GRANT REQUESTS FOR SUPPORT 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. THE ORGANIZATION SUPPORTS ORGANIZATIONS RECOGNIZED AS CHARITIES BY OTHER COUNTRIES AS WELL AS CHARITABLE ORGANIZATIONS OPERATED BY LOCAL GOVERNMENTS SUCH AS SCHOOLS AND HOSPITALS. |
| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 1 | EAST ASIA AND THE PACIFIC 153,057 0 EAST ASIA AND THE PACIFIC 230,275 0 EAST ASIA AND THE PACIFIC 0 5,685 |
| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 2 | PART II, LINE 1 (2)(D) - NUTRITION EDUCATION & SUPPLIES PART II, LINE 1 (3)(D) - EQUIPMENT, NUTRITION EDUCATION, FARM PROJECT & BUILDING IMPROVEMENTS PART IV, QUESTION 1 - FORM 926 IS NOT REQUIRED TO BE FILED. |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE F, PAGE 1, PART I, LINE 2 |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE F, PAGE 1, PART I, LINE 3 |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | SCHEDULE F, PAGE 5, PART V |
| IRS990ScheduleF/Total501c3OrgCnt | 0 | 3 |
| IRS990ScheduleF/TotalEmployeeCnt | 0 | 7 |
| IRS990ScheduleF/TotalOfficeCnt | 0 | 1 |
| IRS990ScheduleF/TotalOtherOrgCnt | 0 | 4 |
| IRS990ScheduleF/TotalSpentAmt | 0 | 389017 |
| IRS990ScheduleF/TransferToForeignCorpInd | 0 | true |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | LINE 4A DURING 2016, 145 VOLUNTEERS SPENT APPROXIMATELY 6,648 VOLUNTEER HOURS IN VIETNAM,IMPACTING 10,889 PEOPLE. THE MASTERS OF NURSING PROGRAM CONTINUED TO GROW AT NAM DINH NURSING UNIVERSITY, WHERE U.S. UNIVERSITY NURSING FACULTY TAUGHT COURSES TO A CLASS OF 60 MASTERS STUDENTS. DENTAL TRAINING WAS PROVIDED FOR 352 STUDENTS. 20 WATER BUFFALOS WERE DONATED TO NEEDY FARMERS. 50 WATER FILTRATION SYSTEMS WERE INSTALLED IN 28 RURAL SCHOOLS. 25 SETS OF EXERCISE EQUIPMENT WERE INSTALLED IN 6 RURAL SCHOOLS. 4,200 SQ.FT. OF CONCRETE YARD AND 1 MUSHROOM SHED WERE BUILT AT 4 SCHOOLS. 410 TEACHERS RECEIVED TRAINING. NUTRITIONAL PROGRAMS SUPPLEMENTED MEALS FOR 700 STUDENTS. A BUILDING & 2 BATHROOMS WERE RENOVATED FOR AN ORPHANAGE. 3 SUMMER CAMPS & 4 FIELD TRIPS WERE PROVIDED FOR 180 ORPHANS. 34 BUSINESS OWNERS RECEIVED BUSINESS TRAINING. 200 FAMILIES RECEIVED FOOD PACKAGES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | LINE 2A - THE COMPENSATION IS PAID TO NONRESIDENT ALIENS PERFORMING WORK IN A FOREIGN COUNTRY. NO COMPENSATION IS PAID TO U.S. RESIDENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | VIETNAM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE CONFLICT OF INTEREST POLICY COVERS THE BOARD OF DIRECTORS. DIRECTORS ARE EXPECTED TO DISCLOSE ANY POTENTIONAL CONFLICT OF INTEREST TO THE BOARD. IF A CONFLICT OF INTEREST EXISTS, THE INTERESTED PERSON ABSTAINS FROM PARTICIPATION IN THE BUSINESS ITEM. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | 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 THROUGH INFORMAL SURVEYS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE ORGANIZATION DOES NOT COMPENSATE ANY OTHER OFFICERS OR KEY EMPLOYEES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART V |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART V, LINE 4B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt | 0 | 24171 |
| IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt | 0 | 11362 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 96981 |
| IRS990/TotalAssetsEOYAmt | 0 | 73175 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 96981 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 73175 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 239897 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 20178 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 370638 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 390816 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 96981 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 73175 |
| IRS990/TotalOtherCompensationAmt | 0 | 3468 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 370638 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 127083 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $73,175
- Liabilities
- $0
- Net assets
- $73,175
- Revenue
- $367,010
- Expenses
- $390,816
- Net income
- -$23,806