Civic Intelligence

Glocal Ventures Inc.

990 • Fiscal year 2017 • EIN 61-1429138

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 16, 2018

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

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

46th percentile

1.8%

Higher net margin than 46% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

86th percentile

$30,022

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

64th percentile

12%

Faster asset growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

76th percentile

26%

Faster revenue growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$81,700

Up $8,525 (+12%) from 2016

Net Assets

Up

$81,700

Up $8,525 (+12%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin46th percentile

Revenue

Up

$461,058

Up $94,048 (+26%) from 2016

Expenses

Up

$452,533

Up $61,717 (+16%) from 2016

Net Income

Up

$8,525

Up $32,331 (+136%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth64th 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

2017

Assets$81,700
Liabilities$0
Net Assets$81,700
Open 2017 Filing

Operations Trend

Revenue Growth76th 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

2017

Revenue$461,058
Expenses$452,533
Net Income$8,525
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 16, 2018
Return Version
2017v2.3
Gross Receipts
$461,058
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$67,487$77,755▲ $10,268
Land, Buildings, and Equipment, Net$5,688$3,945▼ $1,743
Total Assets$73,175$81,700▲ $8,525
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$61,813$81,700▲ $19,887
Temporarily Rstr Net Assets$11,362--
Total Net Assets Fund Balance$73,175$81,700▲ $8,525
Total Liabilities and Net Assets / Fund Balance$73,175$81,700▲ $8,525

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,945$4,757$8,702
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vu Manh TanExecutive DiFT$26,000$4,022$30,022

Board Members and Trustees

NameTitle
Nic BurlesonDirector
Bob Roberts JrDirector/CHA
Dennis JeffaresDirector/sec
Kathleen HindmanDirector/tre
Revenue and Support

Revenue Composition

Contributions and Grants
$324,122
Program Service Revenue
$136,721
Investment Income
$0
Other Revenue
$215
All Other Contributions
$324,122
Change in Net Assets
$8,525
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$209,014
Other Expenses$153,505
Salaries, Compensation, and Employee Benefits$90,014
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$209,014--$209,014
Travel$108,396$6,740-$115,136
Other Salaries and Wages$39,868$630-$40,498
Current Officers, Directors, Trustees, and Key Employees$29,863$159-$30,022
Other Employee Benefits$19,494--$19,494
Conferences and Meetings$8,897--$8,897
Occupancy$8,393--$8,393
Office Expenses$930$6,930-$7,860
Fees for Services Other$5,277--$5,277
Fees for Services Accounting-$2,485-$2,485
Depreciation Depletion$1,741--$1,741
Information Technology-$1,017-$1,017
Other Expenses-$756-$756
Advertising-$102-$102
Total Functional Expenses$431,873$20,660$0$452,533
International Activity

International Summary

Offices
1
Employees
7
Spending
$446,270

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---$237,256
East Asia and the PacificGrantsCommunity Assistance17$209,014
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
No
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 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
8176565136
Address
1870 RUFE SNOW DRIVE, KELLER, TX 76248

Signing Officer

Name
Bob Roberts Jr
Title
Director/chairman
Phone
8176565136
Signed
2018-08-16
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
186

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, Page 2, Part III, Line 4A

“& 4 field trips were provided for 300 orphans. 600 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 448 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/Desc0GLOCAL VENTURES IS DEDICATED TO HOLISTIC, SOCIO-ECONOMIC DEVELOPMENT IN VIETNAM. DURING 2017, 186 VOLUNTEERS SPENT APPROXIMATELY 8,856 VOLUNTEER HOURS IN VIETNAM, IMPACTING 16,358 PEOPLE. GVI CONTINUED COLLABORATING WITH HANOI UNIVERSITY OF EDUCATION AND LAO CAI DEPARTMENT OF EDUCATION TO ORGANIZE 2 EDUCATION CONFERENCES TO TRAIN 400 UNIVERSITY STUDENTS, EDUCATORS, ADMINISTRATORS AND PARENTS TO WORK WITH STUDENTS WITH DISABILITIES. IN 2017, 123 WATER BUFFALOS WERE DONATED TO NEEDY FARMERS. 142,347 BOXES OF MILK, 152 WATER FILTRATION SYSTEMS AND 16 SETS OF EXERCISE EQUIPMENT WERE INSTALLED IN RURAL SCHOOLS IN SAPA AND LAO CAI. NUTRITIONAL PROGRAMS SUPPLEMENTED MEALS FOR 700 STUDENTS. A NEW CLASSROOM WAS BUILT; 1 STUDY ROOM AND 1 BEDROOM WERE RENOVATED FOR SS3 ORPHANAGE. 4 SUMMER CAMPS & 4 FIELD TRIPS WERE PROVIDED FOR 300 ORPHANS. 600 FAMILIES RECEIVED FOOD PACKAGES.
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IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt03945
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04757
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08702
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03945
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt07
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0209014
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1237256
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0COMMUNITY ASSISTANCE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt03064
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt1182
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt28182
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt0FOOD
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt1WATER BUFFALO
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt2WATER FILTERS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0CASH
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt1CASH
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt2CASH
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt08957
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt127817
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt22539
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt011
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt1600
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt266
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt385
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1EAST ASIA AND THE PACIFIC
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt2EAST ASIA AND THE PACIFIC
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt3EAST ASIA AND THE PACIFIC
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0SCHOLARSHIPS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1FOOD BASKETS TO FAMILIES
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt2WATER BUFFALO TO FARMERS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt3WATER FILTERS AND SUPPLIE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc0COST
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc1COST
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc2COST
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt04012
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt111365
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt0SUPPLIES
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt1GENERAL SUPPORT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt2CONFERENCE EXP
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt3EQUIPMENT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt4EQUIPMENT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt5CONFERENCE EXP
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt6EQUIPMENT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt7SUPPLIES
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0CASH
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1CASH
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt017530
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt143903
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt25052
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt312955
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt423989
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt59890
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt610935
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt713804
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1PART V
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2EDUCATION&NUTRITION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3EQUIPMENT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt4PART V
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt5TRAINING
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt6NUTRITION EDUCATION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt7NUTRITION EDUCATION
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/RegionTxt7EAST ASIA AND THE PACIFIC
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc1COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc2COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc3COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc4COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc5COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc6COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc7COST
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt07
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0446270
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0GRANT 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/ExplanationTxt1EAST ASIA AND THE PACIFIC 209,014 0 EAST ASIA AND THE PACIFIC 237,256 0
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt2PART II, LINE 1 (2)(D) - NUTRITION EDUCATION & SUPPLIES, CLASSROOM CONSTRUCTION, MEDICAL SUPPLIES PART II, LINE 1 (3)(D) - CONFERENCE EXPENSES AND NUTRITION PROGRAM EXPENSES PART 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/Total501c3OrgCnt02
IRS990ScheduleF/TotalEmployeeCnt07
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalOtherOrgCnt06
IRS990ScheduleF/TotalSpentAmt0446270
IRS990ScheduleF/TransferToForeignCorpInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GLOCAL 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/ExplanationTxt1& 4 FIELD TRIPS WERE PROVIDED FOR 300 ORPHANS. 600 FAMILIES RECEIVED FOOD PACKAGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 2A - THE COMPENSATION IS PAID TO NONRESIDENT ALIENS PERFORMING WORK IN A FOREIGN COUNTRY. NO COMPENSATION IS PAID TO U.S. RESIDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VIETNAM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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/ExplanationTxt5THE 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/ExplanationTxt6THE 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/ExplanationTxt7THE ORGANIZATION DOES NOT COMPENSATE ANY OTHER OFFICERS OR KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART V
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART V, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt011362
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt073175
IRS990/TotalAssetsEOYAmt081700
IRS990/TotalAssetsGrp/BOYAmt073175
IRS990/TotalAssetsGrp/EOYAmt081700
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0324122
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020660
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0431873
IRS990/TotalFunctionalExpensesGrp/TotalAmt0452533
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt073175
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt081700
IRS990/TotalOtherCompensationAmt04022
IRS990/TotalProgramServiceExpensesAmt0431873
IRS990/TotalProgramServiceRevenueAmt0136721
IRS990/TotalReportableCompFromOrgAmt026000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0136936
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0461058
IRS990/TotalVolunteersCnt0186
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt073175
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt081700
IRS990/TravelGrp/ManagementAndGeneralAmt06740
IRS990/TravelGrp/ProgramServicesAmt0108396
IRS990/TravelGrp/TotalAmt0115136
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$81,700
Liabilities
$0
Net assets
$81,700
Revenue
$461,058
Expenses
$452,533
Net income
$8,525
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
2017Detailed filing. Detailed filing data is available for this year.$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