Civic Intelligence

Global Nomads Group Inc.

990 • Fiscal year 2018 • EIN 75-2750127

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 18, 2019

132 Nassau Street Suite 822New York, NY 10038

(212) 529-0377

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$341,084

Flat from 2018

Net Assets

Flat

$314,114

Flat from 2018

Liabilities

Flat

$26,970

Flat from 2018

Revenue And Expenses

Revenue

Flat

$2,325,497

Flat from 2018

Expenses

Flat

$2,305,135

Flat from 2018

Net Income

Flat

$20,362

Flat from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.0M$0-$1.0MAssets 2010: $110,703Liabilities 2010: $48,078Net Assets 2010: $62,6252010Assets 2011: $330,158Liabilities 2011: $73,098Net Assets 2011: $257,0602011Assets 2012: $282,045Liabilities 2012: $68,283Net Assets 2012: $213,7622012Assets 2013: $819,052Liabilities 2013: $70,219Net Assets 2013: $748,8332013Assets 2014: $580,901Liabilities 2014: $166,607Net Assets 2014: $414,2942014Assets 2015: $505,741Liabilities 2015: $50,699Net Assets 2015: $455,0422015Assets 2016: $260,220Liabilities 2016: $60,466Net Assets 2016: $199,7542016Assets 2017: $358,651Liabilities 2017: $64,899Net Assets 2017: $293,7522017Assets 2018: $341,084Liabilities 2018: $26,970Net Assets 2018: $314,1142018Assets 2018: $341,084Liabilities 2018: $26,970Net Assets 2018: $314,1142018Assets 2019: $397,934Liabilities 2019: $64,713Net Assets 2019: $333,2212019Assets 2020: $1,158,435Liabilities 2020: $258,614Net Assets 2020: $899,8212020Assets 2021: $669,801Liabilities 2021: $1,015,053Net Assets 2021: -$345,2522021Assets 2022: $454,914Liabilities 2022: $787,424Net Assets 2022: -$332,5102022Assets 2023: $515,923Liabilities 2023: $795,197Net Assets 2023: -$279,2742023Assets 2024: $1,957,694Liabilities 2024: $713,951Net Assets 2024: $1,243,7432024Assets 2025: $761,954Liabilities 2025: $148,173Net Assets 2025: $613,7812025

Highlighted filing

2018

Assets$341,084
Liabilities$26,970
Net Assets$314,114

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2010: $643,095Expenses 2010: $662,060Net Income 2010: -$18,9652010Expenses 2011: $900,7702011Revenue 2012: $1,117,346Expenses 2012: $1,171,609Net Income 2012: -$54,2632012Revenue 2013: $1,976,795Expenses 2013: $1,605,336Net Income 2013: $371,4592013Revenue 2014: $1,526,331Expenses 2014: $1,710,152Net Income 2014: -$183,8212014Revenue 2015: $716,631Expenses 2015: $675,883Net Income 2015: $40,7482015Revenue 2016: $1,366,366Expenses 2016: $1,570,122Net Income 2016: -$203,7562016Revenue 2017: $2,354,227Expenses 2017: $2,249,115Net Income 2017: $105,1122017Revenue 2018: $2,325,497Expenses 2018: $2,305,135Net Income 2018: $20,3622018Revenue 2018: $2,325,497Expenses 2018: $2,305,135Net Income 2018: $20,3622018Revenue 2019: $2,053,416Expenses 2019: $2,034,309Net Income 2019: $19,1072019Revenue 2020: $2,739,940Expenses 2020: $2,150,396Net Income 2020: $589,5442020Revenue 2021: $946,623Expenses 2021: $2,191,696Net Income 2021: -$1,245,0732021Revenue 2022: $2,171,216Expenses 2022: $2,158,474Net Income 2022: $12,7422022Revenue 2023: $2,140,067Expenses 2023: $2,118,529Net Income 2023: $21,5382023Revenue 2024: $3,397,693Expenses 2024: $1,874,676Net Income 2024: $1,523,0172024Revenue 2025: $933,357Expenses 2025: $1,720,678Net Income 2025: -$787,3212025

Highlighted filing

2018

Revenue$2,325,497
Expenses$2,305,135
Net Income$20,362
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 18, 2019
Return Version
2017v2.2
Gross Receipts
$2,365,673
Mission and Program Overview

Mission

Global nomads group is a us-based global nonprofit organization whose mission is to connect youth across distance and difference. We believe in the power of storytelling and meaningful conversations to increase young people's awareness and understanding, and inspire action.

To heighten children's understanding and appreciation for the world and its people through the use of interactive technologies

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$120,341$204,489▲ $84,148
Accounts Receivable$170,659$92,004▼ $78,655
Land, Buildings, and Equipment, Net$37,975$34,285▼ $3,690
Prepaid Expenses and Deferred Charges$11,168$3,675▼ $7,493
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$358,651$341,084▼ $17,567
Other Assets Total$18,508$6,631▼ $11,877
Liabilities
Accounts Payable and Accrued Expenses$64,899$26,970▼ $37,929
Total Liabilities$64,899$26,970▼ $37,929
Net Assets / Fund Balance
Unrestricted Net Assets$-74,046$289,114▲ $363,160
Temporarily Rstr Net Assets$367,798$25,000▼ $342,798
Total Net Assets Fund Balance$293,752$314,114▲ $20,362
Total Liabilities and Net Assets / Fund Balance$358,651$341,084▼ $17,567

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$34,285$226,981$261,266

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$367,798$25,000-$367,798$25,000
2016$430,598$448,954-$511,754$367,798
2015$704,716$95,000-$369,118$430,598
2014$151,254$553,462--$704,716
2013$427,313$151,254-$427,313$151,254
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher PlutteExecutive DirectorFT$149,515$14,101$163,616
Courtney WelshCEO-$45,556-$45,556

Board Members and Trustees

NameTitle
David MacquartChairperson
Brown JohnsonDirector
John TymitzDirector
Mark von SponeckDirector
Oorlagh GeorgeDirector
Sidney R Smith IIIDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$2,310,472
Program Service Revenue
$37,177
Investment Income
$0
Other Revenue
$-22,152
All Other Contributions
$287,996
Change in Net Assets
$20,362
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,559,348
Other Expenses$727,985
Total Fundraising Expense$350,406
Grants and Similar Amounts Paid$17,802
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$611,760$182,755$158,768$953,283
Payroll Taxes$170,294$82,900$61,680$314,874
Current Officers, Directors, Trustees, and Key Employees$123,090$113,736$54,365$291,191
Information Technology$149,594$10,223$3,497$163,314
Occupancy$68,022$37,649$22,347$128,018
Fees for Services Other$59,502$49,972$9,309$118,783
Travel$60,011$6,261$15,386$81,658
Fees for Services Accounting$5,209$69,437$1,137$75,783
Office Expenses$17,897$9,079$2,045$29,021
Insurance$16,971$1,186$5,457$23,614
Foreign Grants$17,802--$17,802
Conferences and Meetings$2,028$9,121$133$11,282
Other Expenses$3,498$5,002$1,723$10,223
All Other Expenses$5,982$214$3,954$10,150
Depreciation Depletion$6,358$1,716$2,018$10,092
Advertising$1,789$1,260$647$3,696
Fees for Services Legal$104$1,539$33$1,676
Total Functional Expenses$1,349,786$604,943$350,406$2,305,135
International Activity

International Summary

Employees
5
Spending
$222,292

International Compliance

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
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North AfricaProgram ServiceVirtual exchange05$222,292
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$40,176
Fundraising Gross Income$14,250
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
events$130,187$14,250$15,607$-1,357
Total Events$130,187$14,250$40,176$-25,926
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 will be reviewed by management and the outsourced cpa responsible for the organizations finances. The 990 will be emailed to the full board proir to filling.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All individuals within the organization annually sign a conflict of interest form all real or perceived conflicts of interest are brought to the attention of either the executive director or the chairman of the board for consideration and resolution

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

THE BOARD DETERMINED THE EXECUTIVE DIRECTOR'S BASE SALARY BASED ON A COMPARISON OF DIRECTORS AT COMPARABLE ORGANIZATIONS YEARLY INCREASES ARE DETERMINED ON THE BASIS OF PERFORMANCE. AFTER THAT, the compensation WAs approved by the board.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes it's governing documents, conflict of interest policy and financial statements available to the public upon request

Filing and Contact Details

Filer

Filer Name
Global Nomads Group Inc
EIN
75-2750127
Phone
2125290377
Address
132 NASSAU STREET SUITE 822, NEW YORK, NY 10038

Signing Officer

Name
Courtney Welsh
Title
CEO
Signed
2019-01-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Courtney Welsh
Formed
1998
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
19
Volunteers
6

Preparer

Firm
Wei Wei & Co Llp
Address
13310 39TH AVE, FLUSHING, NY 11354-4400
Preparer
Steve Wei CPA
Phone
7184456308
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The intended uses of the organization's endowment funds are for program services

Part X : FIN48 Footnote

Global nomads group (the "reporting organization")adopted the provisions of asc 740 "income taxes", January 1,2009 under asc740,an organization must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more likely than not that the position will not be sustained upon examination by a taxing authority the implementation of asc 740 had no impact on the reporting organization's consolidated financial statements the reporting organization does not believe it has taken any material uncertain tax positions and, accordingly, it has not recorded any liability for unrecognized tax benefits the reporting organization has filed for and received income tax exemptions in the jurdictions where it is required to do so additionally, the reporting organization has filed irs form990 information returns, as required, and all other applicable returns in jurisdictions where so required for the year ended December 31,2014,there were no interest or penalties recorded or included in the consolidated statement of activities the reporting organization is subject to routine audits by a taxing authority as of December 31,2014,the reporting organization was not subject to any examination by a taxing authority management believes it is no longer subject to income tax examination for the year prior to 2010

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IRS990/MissionDesc0Global Nomads Group is an international nonprofit organization fostering dialogue and understanding among the worlds youth. In 2016, GNG engaged and empowered young people worldwide using media including video conferencing, webcasting, social networking, and filmmaking through virtual exchange programs focused on science, civic engagement, and media literacy. Over 5,000 people participated in our program during the year.
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03675
IRS990/PrincipalOfficerNm0Courtney Welsh
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02340029
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt063196
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IRS990/PYOtherExpensesAmt01001905
IRS990/PYOtherRevenueAmt011198
IRS990/PYProgramServiceRevenueAmt03000
IRS990/PYRevenuesLessExpensesAmt0105112
IRS990/PYSalariesCompEmpBnftPaidAmt01184014
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IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt020362
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt01650000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt075
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03774
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt07812
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt019856
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt059803
IRS990ScheduleA/OtherIncome170Grp/TotalAmt091245
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportTotal170Amt08189135
IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08189135
IRS990ScheduleA/TotalSupportAmt08280455
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt025000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt025000
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0511754
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0704716
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0369118
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0151254
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0553462
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0704716
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0427313
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0151254
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0151254
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0427313
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt034285
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0226981
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0261266
IRS990ScheduleD/FootnoteTextInd0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.76$0.15$0.61$0.93$1.72$0.79
2024Detailed filing. Detailed filing data is available for this year.$1.96$0.71$1.24$3.40$1.87$1.52
2023Detailed filing. Detailed filing data is available for this year.$0.52$0.80$0.28$2.14$2.12$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.45$0.79$0.33$2.17$2.16$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.67$1.02$0.35$0.95$2.19$1.25
2020Detailed filing. Detailed filing data is available for this year.$1.16$0.26$0.90$2.74$2.15$0.59
2019Detailed filing. Detailed filing data is available for this year.$0.40$0.06$0.33$2.05$2.03$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.34$0.03$0.31$2.33$2.31$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.34$0.03$0.31$2.33$2.31$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.36$0.06$0.29$2.35$2.25$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.26$0.06$0.20$1.37$1.57$0.20
2015Summary only. Only limited summary data is available for this year.$0.51$0.05$0.46$0.72$0.68$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.58$0.17$0.41$1.53$1.71$0.18
2013Detailed filing. Detailed filing data is available for this year.$0.82$0.07$0.75$1.98$1.61$0.37
2012Summary only. Only limited summary data is available for this year.$0.28$0.07$0.21$1.12$1.17$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.07$0.26$0.90
2010Summary only. Only limited summary data is available for this year.$0.11$0.05$0.06$0.64$0.66$0.02