Civic Intelligence

Glocal Ventures Inc.

990 • Fiscal year 2019 • EIN 61-1429138

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 30, 2020

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

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

53rd percentile

4.9%

Higher net margin than 53% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

86th percentile

$27,684

Higher top officer pay than 86% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

71st percentile

19%

Faster asset growth than 71% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

26th percentile

-18%

Faster revenue growth than 26% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$115,609

Up $18,735 (+19%) from 2018

Net Assets

Up

$115,609

Up $18,735 (+19%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$383,821

Down $83,969 (-18%) from 2018

Expenses

Down

$365,086

Down $87,530 (-19%) from 2018

Net Income

Up

$18,735

Up $3,561 (+23%) from 2018

Historical Trend

Balance Sheet Trend

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

2019

Assets$115,609
Liabilities$0
Net Assets$115,609

Operations Trend

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

2019

Revenue$383,821
Expenses$365,086
Net Income$18,735
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 30, 2020
Return Version
2019v5.0
Gross Receipts
$384,220
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$93,186$113,942▲ $20,756
Land, Buildings, and Equipment, Net$3,688$1,667▼ $2,021
Total Assets$96,874$115,609▲ $18,735
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$96,874$115,609▲ $18,735
Total Net Assets Fund Balance$96,874$115,609▲ $18,735
Total Liabilities and Net Assets / Fund Balance$96,874$115,609▲ $18,735

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,667$8,780$10,447
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Vu Manh TanExecutive DiFT$27,684$27,684

Board Members and Trustees

NameTitle
Nicholas BurlesonDirector
Bob Roberts JrDirector/CHA
Roberta Lea MannyDirector/sec
Kathleen HindmanDirector/tre
Revenue and Support

Revenue Composition

Contributions and Grants
$243,655
Program Service Revenue
$139,979
Investment Income
$0
Other Revenue
$187
All Other Contributions
$243,655
Change in Net Assets
$18,735
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$162,223
Grants and Similar Amounts Paid$129,786
Salaries, Compensation, and Employee Benefits$73,077
Total Fundraising Expense$208
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$128,108$2,983-$131,091
Foreign Grants$129,786--$129,786
Other Salaries and Wages$30,833--$30,833
Current Officers, Directors, Trustees, and Key Employees$27,684--$27,684
Other Employee Benefits$12,716--$12,716
Office Expenses$3,531$7,015$144$10,690
Occupancy$4,311$4,311-$8,622
Fees for Services Accounting-$2,870-$2,870
Fees for Services Other$2,863--$2,863
Depreciation Depletion$2,017--$2,017
Payroll Taxes$1,844--$1,844
Other Expenses-$1,688-$1,688
Conferences and Meetings$1,656--$1,656
Information Technology-$408-$408
Advertising$254-$64$318
Total Functional Expenses$345,603$19,275$208$365,086
International Activity

International Summary

Offices
1
Employees
5
Spending
$332,906

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 ServicesCommunity Assistance--$203,120
East Asia and the PacificGrantsCommunity Assistance15$129,786
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 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
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
2020-10-30
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
165

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

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. During 2019, 165 volunteers were mobilized to vietnam, directly impacting 6,680 people. The fourth masters of nursing program was conducted at nam dinh nursing university, where us university nursing faculty taught courses to a class of 60 masters students. 18 water buffalo were donated to needy farmers. 2 sets of exercise playground equipment and study corners were installed at 2 rural schools. One new performance stage with sound system, 1 water well and 1 solar water heating system were built at a school in sapa benefiting 1850 students. 1120 teachers, doctors and nurses received training at 4 education and medical conferences. Nutritional programs supplemented meals for 720 students in the lao cai province. 100 water filtration systems were installed in rural schools impacting hundreds of students. 360 formula milk boxes were donated to orphan babies at ss3 orphanage. In 2019, 750 people in rural communities received physical checkups by gvi medical volunteers. 245 students and orphan children went on a 3-day vacation to the beach where they were able to have a new experience and 15 high school students were provided scholarships to help them transition to a new future.

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

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS 0
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0243655
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0287417
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0324122
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0239897
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0307598
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01402689
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0776475
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.99970
IRS990ScheduleA/PublicSupportTotal170Amt01402689
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0243655
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0287417
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0324122
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0239897
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0307598
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01402689
IRS990ScheduleA/TotalSupportAmt01402689
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/BookValueAmt01667
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08780
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010447
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01667
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt05
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0129786
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1203120
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0COMMUNITY ASSISTANCE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1COMMUNITY ASSISTANCE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt01636
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt0WATER BUFFALO
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0CASH
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt09905
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt016
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt118
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1EAST ASIA AND THE PACIFIC
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0SCHOLARSHIPS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1WATER BUFFALO TO FARMERS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc0COST
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt01855
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt120684
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt0SUPPLIES
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt1GENERAL SUPPORT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt2EQUIPMENT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt3CONFERENCE EXP
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt4EQUIPMENT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt5WATER FILTRATIO
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0CASH
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1CASH
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt019627
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt122259
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt26246
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt315000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt412000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt57484
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1PART V
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2EDUCATION&NUTRITION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3PART V
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt4TRAINING
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt5NUTRITION EDUCATION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt6EQUIPMENT
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/ValuationMethodUsedDesc0COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc1COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc2COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc3COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc4COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc5COST
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt05
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0332906
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 129,786 0 EAST ASIA AND THE PACIFIC 203,120 0
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt2PART II, LINE 1 (2)(D) - NUTRITION EDUCATION & SUPPLIES, MENTORING PROGRAMS, CLASSROOM CONSTRUCTION, CAMP PROJECTS, AND MEDICAL EXPENSE PART II, LINE 1 (4)(D) - OUTDOOR EQUIPMENT 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/Total501c3OrgCnt07
IRS990ScheduleF/TotalEmployeeCnt05
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0332906
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/ExplanationTxt1GLOCAL 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. DURING 2019, 165 VOLUNTEERS WERE MOBILIZED TO VIETNAM, DIRECTLY IMPACTING 6,680 PEOPLE. THE FOURTH MASTERS OF NURSING PROGRAM WAS CONDUCTED AT NAM DINH NURSING UNIVERSITY, WHERE US UNIVERSITY NURSING FACULTY TAUGHT COURSES TO A CLASS OF 60 MASTERS STUDENTS. 18 WATER BUFFALO WERE DONATED TO NEEDY FARMERS. 2 SETS OF EXERCISE PLAYGROUND EQUIPMENT AND STUDY CORNERS WERE INSTALLED AT 2 RURAL SCHOOLS. ONE NEW PERFORMANCE STAGE WITH SOUND SYSTEM, 1 WATER WELL AND 1 SOLAR WATER HEATING SYSTEM WERE BUILT AT A SCHOOL IN SAPA BENEFITING 1850 STUDENTS. 1120 TEACHERS, DOCTORS AND NURSES RECEIVED TRAINING AT 4 EDUCATION AND MEDICAL CONFERENCES. NUTRITIONAL PROGRAMS SUPPLEMENTED MEALS FOR 720 STUDENTS IN THE LAO CAI PROVINCE. 100 WATER FILTRATION SYSTEMS WERE INSTALLED IN RURAL SCHOOLS IMPACTING HUNDREDS OF STUDENTS. 360 FORMULA MILK BOXES WERE DONATED TO ORPHAN BABIES AT SS3 ORPHANAGE. IN 2019, 750 PEOPLE IN RURAL COMMUNITIES RECEIVED PHYSICAL CHECKUPS BY GVI MEDICAL VOLUNTEERS. 245 STUDENTS AND ORPHAN CHILDREN WENT ON A 3-DAY VACATION TO THE BEACH WHERE THEY WERE ABLE TO HAVE A NEW EXPERIENCE AND 15 HIGH SCHOOL STUDENTS WERE PROVIDED SCHOLARSHIPS TO HELP THEM TRANSITION TO A NEW FUTURE.
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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt096874
IRS990/TotalAssetsEOYAmt0115609
IRS990/TotalAssetsGrp/BOYAmt096874
IRS990/TotalAssetsGrp/EOYAmt0115609
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0243655
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0208
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019275
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0345603
IRS990/TotalFunctionalExpensesGrp/TotalAmt0365086
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt096874
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0115609
IRS990/TotalOtherCompensationAmt027684
IRS990/TotalProgramServiceExpensesAmt0345603
IRS990/TotalProgramServiceRevenueAmt0139979
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0140166
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0383821
IRS990/TotalVolunteersCnt0165
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt096874
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0115609
IRS990/TravelGrp/ManagementAndGeneralAmt02983
IRS990/TravelGrp/ProgramServicesAmt0128108
IRS990/TravelGrp/TotalAmt0131091
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01870 RUFE SNOW DR
IRS990/USAddress/CityNm0KELLER
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076248
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.GLOCALVENTURES.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BOB ROBERTS JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR/CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08176565136

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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
2019Detailed filing. Detailed filing data is available for this year.$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