Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Global Foundation Inc.
990EZ • Fiscal year 2016 • EIN 62-1604947
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.57x
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
6th percentile
Higher net margin than 6% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 41.3% of source-year revenue.
Asset Growth
24th percentile
Faster asset growth than 24% of similar nonprofits.
Revenue Growth
57th percentile
Faster revenue growth than 57% of similar nonprofits.
Balance Sheet
Assets
Down$12,570
Down $2,182 (-15%) from 2015
Net Assets
Down$5,436
Down $9,163 (-63%) from 2015
Liabilities
Up$7,134
Up $6,981 (+4563%) from 2015
Revenue And Expenses
Revenue
Up$12,117
Up $619 (+5.4%) from 2015
Expenses
Down$21,280
Down $2,319 (-9.8%) from 2015
Net Income
Up-$9,163
Up $2,938 (+24%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jun 1, 2015 to May 31, 2016
- Signed
- Jan 9, 2017
- Return Version
- 2015v3.0
- Gross Receipts
- $12,117
Mission and Program Overview
Mission
The primary purpose of global foundation is to facilitate economic, agricultural, eductional, and medical development among disadvantaged people worldwide.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| VARIOUS OUTREACH PROGRAMS TO SUPPORT OPPORTUNITIES, DEVELOPMENT AND AID/RELIEF TO DEMONOSTRATE THE LOVE OF GOD. A MAJORITY OF THEIR EFFORTS BENEFIT THE NEEDS OF ORPHANS AND UNDERSERVED CHILDREN IN FOREIGN COUNTRIES. | $0 | $9,801 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| WILLIAM H HAIRE | President, Secretary | - | $5,000 | - | $5,000 |
| DAN L BUTTREY | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Global Foundation Inc
- EIN
- 62-1604947
- Phone
- 6153832005
- Address
- PO BOX 58328, NASHVILLE, TN 37205
Signing Officer
- Name
- William Haire
- Title
- President
- Phone
- 6156625273
- Signed
- 2017-01-09
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Gaines Cpas Pllc
- Address
- PO BOX 150285, NASHVILLE, TN 37215
- Preparer
- Pam Gaines
- Phone
- 6152790600
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 14
“Description: depreciation. Amount: 188.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: bank charges. Amount: 656. Description: license and permits. Amount: 202. Description: payroll tax expense. Amount: 391. Description: telephone. Amount: 6. Description: program expense - ministry outreach to foreign countries. Amount: 9,801. Description: technology and website. Amount: 1,066. Description: meals & entertainment including anniversary event. Amount: 3,325. Description: gifts. Amount: 132. Description: interest expense. Amount: 31. Total to form 990-ez, line 16: 15,610.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: advances to b haire. Beg. Of year amount: 0. End of year amount: 7,700. Description: other depreciable assets. Beg. Of year amount: 471. End of year amount: 283.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: payroll liabilities. Beg. Of year amount: 153. End of year amount: 0. Description: regions loc. Beg. Of year amount: 0. End of year amount: 7,134.”
Raw XML Appendix148 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | WILLIAM H HAIRE JR |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6153832005 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 313 SANDCASTLE CIRCLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FRANKLIN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 37069 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 14281 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 4587 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 12117 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -9163 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 208 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 14752 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 12570 |
| IRS990EZ/GrossReceiptsAmt | 0 | 12117 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 7700 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 1 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 14599 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 5436 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 14599 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 5436 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 188 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 5000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | WILLIAM H HAIRE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DAN L BUTTREY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT, SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 471 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 7983 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 15610 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PRIMARY PURPOSE OF GLOBAL FOUNDATION IS TO FACILITATE ECONOMIC, AGRICULTURAL, EDUCTIONAL, AND MEDICAL DEVELOPMENT AMONG DISADVANTAGED PEOPLE WORLDWIDE. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 274 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | VARIOUS OUTREACH PROGRAMS TO SUPPORT OPPORTUNITIES, DEVELOPMENT AND AID/RELIEF TO DEMONOSTRATE THE LOVE OF GOD. A MAJORITY OF THEIR EFFORTS BENEFIT THE NEEDS OF ORPHANS AND UNDERSERVED CHILDREN IN FOREIGN COUNTRIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 9801 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 5000 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | TN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 153 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 7134 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 21280 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 9801 |
| IRS990EZ/TotalRevenueAmt | 0 | 12117 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.THEGLOBALFOUNDATION.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 12117 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 11498 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 41014 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 79900 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 74028 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 218557 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 218557 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 12117 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 11498 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 41014 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 79900 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 74028 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 218557 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 218557 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 7700 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | ADVANCES TO DIRECTOR NOT TREATED AS SALARY MAINLY FUNDED BY REGIONS LOC |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | WILLIAM H HAIRE JR |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 0 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 7700 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DEPRECIATION. AMOUNT: 188. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: BANK CHARGES. AMOUNT: 656. DESCRIPTION: LICENSE AND PERMITS. AMOUNT: 202. DESCRIPTION: PAYROLL TAX EXPENSE. AMOUNT: 391. DESCRIPTION: TELEPHONE. AMOUNT: 6. DESCRIPTION: PROGRAM EXPENSE - MINISTRY OUTREACH TO FOREIGN COUNTRIES. AMOUNT: 9,801. DESCRIPTION: TECHNOLOGY AND WEBSITE. AMOUNT: 1,066. DESCRIPTION: MEALS & ENTERTAINMENT INCLUDING ANNIVERSARY EVENT. AMOUNT: 3,325. DESCRIPTION: GIFTS. AMOUNT: 132. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 31. TOTAL TO FORM 990-EZ, LINE 16: 15,610. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ADVANCES TO B HAIRE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 7,700. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 471. END OF YEAR AMOUNT: 283. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: PAYROLL LIABILITIES. BEG. OF YEAR AMOUNT: 153. END OF YEAR AMOUNT: 0. DESCRIPTION: REGIONS LOC. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 7,134. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | WILLIAM HAIRE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6156625273 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-01-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GLOBAL FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GLOB |
| ReturnHeader/Filer/EIN | 0 | 621604947 |
| ReturnHeader/Filer/PhoneNum | 0 | 6153832005 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 58328 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NASHVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 37205 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 481274494 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GAINES CPAS PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 150285 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NASHVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 37215 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6152790600 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | PAM GAINES |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2017-01-09T09:36:11-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-06-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-05-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $12,570
- Liabilities
- $7,134
- Net assets
- $5,436
- Revenue
- $12,117
- Expenses
- $21,280
- Net income
- -$9,163