Civic Intelligence

Glocal Ventures Inc.

990 • Fiscal year 2024 • EIN 61-1429138

Jan 01, 2024 to Dec 31, 2024 • Filed on Oct 21, 2025

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.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

31st percentile

-6.2%

Higher net margin than 31% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

88th percentile

$29,673

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 9.1% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

32nd percentile

-10.0%

Faster asset growth than 32% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

-3.3%

Faster revenue growth than 42% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$183,749

Down $20,344 (-10.0%) from 2023

Net Assets

Down

$183,749

Down $20,344 (-10.0%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Down

$325,568

Down $11,207 (-3.3%) from 2023

Expenses

Up

$345,814

Up $32,860 (+10%) from 2023

Net Income

Down

-$20,246

Down $44,067 (-185%) from 2023

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

2024

Assets$183,749
Liabilities$0
Net Assets$183,749

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

2024

Revenue$325,568
Expenses$345,814
Net Income-$20,246
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 21, 2025
Return Version
2024v5.0
Gross Receipts
$325,568
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$203,177$82,847▼ $120,330
Savings and Temporary Cash Investments-$82,206-
Intangible Assets-$18,000-
Land, Buildings, and Equipment, Net$916$696▼ $220
Total Assets$204,093$183,749▼ $20,344
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$192,890$161,624▼ $31,266
Net Assets With Donor Restrictions$11,203$22,125▲ $10,922
Total Net Assets Fund Balance$204,093$183,749▼ $20,344
Total Liabilities and Net Assets / Fund Balance$204,093$183,749▼ $20,344

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$696$10,851$11,547
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Vu Manh TanVietnam CounFT$29,673$29,673

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$238,792
Program Service Revenue
$84,570
Investment Income
$2,206
Other Revenue
$0
All Other Contributions
$238,792
Change in Net Assets
$-20,246
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$135,159
Other Expenses$108,274
Salaries, Compensation, and Employee Benefits$102,381
Total Fundraising Expense$1,014
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$135,159--$135,159
Travel$76,936$3,339-$80,275
Other Salaries and Wages$47,319--$47,319
Current Officers, Directors, Trustees, and Key Employees$29,673--$29,673
Other Employee Benefits$21,066--$21,066
Occupancy$8,061--$8,061
Office Expenses$1,380$6,159-$7,539
Conferences and Meetings$5,915--$5,915
Payroll Taxes$4,323--$4,323
Fees for Services Accounting-$2,315-$2,315
Depreciation Depletion$2,220--$2,220
Information Technology-$587-$587
Fees for Services Other$227--$227
Other Expenses$121-$1,014$121
Total Functional Expenses$332,400$12,400$1,014$345,814
International Activity

International Summary

Offices
7
Spending
$333,297

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--$198,138
East Asia and the PacificGrantsCommunity Assistance7-$135,159
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
2025-10-21
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
101

Preparer

Firm
Sommerville & Associates Pc
Address
2726 MATLOCK RD, ARLINGTON, TX 76015
Preparer
Shannon Wood 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 inc. Cooperated with lao cai department of education and training to launch the "improving the quality of educational service for ethnic students" projects in bac ha and sapa. In 2024, gvi helped build new bathrooms, latrienes and school fences benefiting 850 boarding students and staff at fanxifan, ban phung, nam mon, and thai giang pho schools. The flourish program offered coaching for teachers and administrators on introducing and evaluating life skills for the ethnic students and forming a girl club at these schools to provide life skill and hygiene training for female boarding students, impacting 1,350 students and staff. 90,000 milk boxes were also provided to 450 students at thai giang pho schools during the year. In 2024, gvi hosted a general education training conference for 350 teachers in lao cai district. The conference provided training on interactive teaching methods and strategies that promotes student centered instruction in the classroom. In partnership with hanoi national university of education, gvi also hosted its 20th special education training conference where 300 special education teachers and experts in the field presented information and techniques that would enable the teachers to care for and teach students with disabilities.

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/GiftsGrantsContriRcvd170Grp/TotalAmt01100481
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02206
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02206
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0211895
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99800
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01100481
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0238792
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0274725
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0217779
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0181885
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0187300
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01100481
IRS990ScheduleA/TotalSupportAmt01102687
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/BookValueAmt0696
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010851
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011547
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0696
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt07
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0135159
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1198138
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/CashGrantAmt01000
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt0TRACTORS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt1FLOORS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0CASH
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt04091
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt12727
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt09
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt12
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt25
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1EAST ASIA AND THE PACIFIC
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt2EAST ASIA AND THE PACIFIC
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0TRACTORS TO FARMERS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1FAMILY ASSISTANCE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt2SCHOLARSHIPS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc0COST
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc1COST
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt05659
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt12500
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt217059
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt0SUPPLIES
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt1CONFERENCE EXP
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt2CONFERENCE EXP
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt3PROG./SUPPLIES
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt4SUPPLIES
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt5SUPPLIES
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0CASH
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1CASH
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2CASH
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt012938
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt115008
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt26606
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt316962
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt415998
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt528657
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1TRAINING
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2EDUCATION&NUTRITION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3NUTRITION/MENTORING
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt4HYGIENE/CONSTRUCTION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt5OPERATING SUPPORT
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/ValuationMethodUsedDesc0COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc1COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc2COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc3COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc4COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc5COST
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalOfficesCnt07
IRS990ScheduleF/SubtotalSpentAmt0333297
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 135,159 0 EAST ASIA AND THE PACIFIC 198,138 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 2
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/Total501c3OrgCnt06
IRS990ScheduleF/TotalOfficeCnt07
IRS990ScheduleF/TotalSpentAmt0333297
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 INC. COOPERATED WITH LAO CAI DEPARTMENT OF EDUCATION AND TRAINING TO LAUNCH THE "IMPROVING THE QUALITY OF EDUCATIONAL SERVICE FOR ETHNIC STUDENTS" PROJECTS IN BAC HA AND SAPA. IN 2024, GVI HELPED BUILD NEW BATHROOMS, LATRIENES AND SCHOOL FENCES BENEFITING 850 BOARDING STUDENTS AND STAFF AT FANXIFAN, BAN PHUNG, NAM MON, AND THAI GIANG PHO SCHOOLS. THE FLOURISH PROGRAM OFFERED COACHING FOR TEACHERS AND ADMINISTRATORS ON INTRODUCING AND EVALUATING LIFE SKILLS FOR THE ETHNIC STUDENTS AND FORMING A GIRL CLUB AT THESE SCHOOLS TO PROVIDE LIFE SKILL AND HYGIENE TRAINING FOR FEMALE BOARDING STUDENTS, IMPACTING 1,350 STUDENTS AND STAFF. 90,000 MILK BOXES WERE ALSO PROVIDED TO 450 STUDENTS AT THAI GIANG PHO SCHOOLS DURING THE YEAR. IN 2024, GVI HOSTED A GENERAL EDUCATION TRAINING CONFERENCE FOR 350 TEACHERS IN LAO CAI DISTRICT. THE CONFERENCE PROVIDED TRAINING ON INTERACTIVE TEACHING METHODS AND STRATEGIES THAT PROMOTES STUDENT CENTERED INSTRUCTION IN THE CLASSROOM. IN PARTNERSHIP WITH HANOI NATIONAL UNIVERSITY OF EDUCATION, GVI ALSO HOSTED ITS 20TH SPECIAL EDUCATION TRAINING CONFERENCE WHERE 300 SPECIAL EDUCATION TEACHERS AND EXPERTS IN THE FIELD PRESENTED INFORMATION AND TECHNIQUES THAT WOULD ENABLE THE TEACHERS TO CARE FOR AND TEACH STUDENTS WITH DISABILITIES.
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/TotalAssetsBOYAmt0204093
IRS990/TotalAssetsEOYAmt0183749
IRS990/TotalAssetsGrp/BOYAmt0204093
IRS990/TotalAssetsGrp/EOYAmt0183749
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0238792
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01014
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012400
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0332400
IRS990/TotalFunctionalExpensesGrp/TotalAmt0345814
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0204093
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0183749
IRS990/TotalProgramServiceExpensesAmt0332400
IRS990/TotalProgramServiceRevenueAmt084570
IRS990/TotalReportableCompFromOrgAmt029673
IRS990/TotalRevenueGrp/ExclusionAmt02206
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt084570
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0325568
IRS990/TotalVolunteersCnt0101
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0204093
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0183749
IRS990/TravelGrp/ManagementAndGeneralAmt03339
IRS990/TravelGrp/ProgramServicesAmt076936
IRS990/TravelGrp/TotalAmt080275
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/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BOB ROBERTS JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR/CHAIRMAN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$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