Civic Intelligence

Globemed Nfp

EIN 76-0708721 • 501(c)3 • Evanston, IL

Profile

To strengthen the movement for global health equity by empowering students and communities to work together to improve the health of people living in poverty around the world.

1800 Sherman Avenue 1-200Evanston, IL 60201

www.globemed.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.12x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

73rd percentile

0.02x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

15th percentile

-45%

Higher net margin than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

13th percentile

-72%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

27th percentile

-26%

Faster revenue growth than 27% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$46,681

Down $120,174 (-72%) from 2021

Liabilities

Down

$5,381

Down $7,426 (-58%) from 2021

Net Assets

Down

$41,300

Down $112,748 (-73%) from 2021

Revenue

Down

$250,724

Down $89,015 (-26%) from 2021

Expenses

Down

$363,472

Down $26,401 (-6.8%) from 2021

Net Income

Down

-$112,748

Down $62,614 (-125%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $263,530Liabilities 2011: $171,996Net Assets 2011: $91,5342011Assets 2012: $122,613Liabilities 2012: $30,191Net Assets 2012: $92,4222012Assets 2013: $127,014Liabilities 2013: $23,718Net Assets 2013: $103,2962013Assets 2014: $123,837Liabilities 2014: $37,534Net Assets 2014: $86,3032014Assets 2015: $267,251Liabilities 2015: $60,059Net Assets 2015: $207,1922015Assets 2016: $228,903Liabilities 2016: $65,030Net Assets 2016: $163,8732016Assets 2017: $240,556Liabilities 2017: $103,412Net Assets 2017: $137,1442017Assets 2018: $253,239Liabilities 2018: $39,094Net Assets 2018: $214,1452018Assets 2019: $227,319Liabilities 2019: $17,728Net Assets 2019: $209,5912019Assets 2020: $270,098Liabilities 2020: $65,916Net Assets 2020: $204,1822020Assets 2021: $166,855Liabilities 2021: $12,807Net Assets 2021: $154,0482021Assets 2022: $46,681Liabilities 2022: $5,381Net Assets 2022: $41,3002022

Highlighted filing

2022

Assets$46,681
Liabilities$5,381
Net Assets$41,300

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $277,774Expenses 2011: $276,188Net Income 2011: $1,5862011Revenue 2012: $294,349Expenses 2012: $293,461Net Income 2012: $8882012Revenue 2013: $613,851Expenses 2013: $602,977Net Income 2013: $10,8742013Revenue 2014: $761,698Expenses 2014: $778,691Net Income 2014: -$16,9932014Revenue 2015: $827,962Expenses 2015: $707,073Net Income 2015: $120,8892015Revenue 2016: $759,196Expenses 2016: $802,514Net Income 2016: -$43,3182016Revenue 2017: $854,695Expenses 2017: $881,424Net Income 2017: -$26,7292017Revenue 2018: $726,153Expenses 2018: $649,152Net Income 2018: $77,0012018Revenue 2019: $371,268Expenses 2019: $347,696Net Income 2019: $23,5722019Revenue 2020: $362,784Expenses 2020: $368,193Net Income 2020: -$5,4092020Revenue 2021: $339,739Expenses 2021: $389,873Net Income 2021: -$50,1342021Revenue 2022: $250,724Expenses 2022: $363,472Net Income 2022: -$112,7482022

Highlighted filing

2022

Revenue$250,724
Expenses$363,472
Net Income-$112,748

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Dec 2, 2022
Return Version
2021v4.1
Gross Receipts
$250,724
Mission and Program Overview

Mission

To strengthen the movement for global health equity by empowering students and communities to work together to improve the health of people living in poverty around the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$27,624$27,635▲ $11
Cash and Non-Interest-Bearing Accounts$132,439$18,455▼ $113,984
Prepaid Expenses and Deferred Charges$2,045$0▼ $2,045
Pledges and Grants Receivable$4,006$468▼ $3,538
Accounts Receivable$741$123▼ $618
Other Notes and Loans Receivable, Net-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$166,855$46,681▼ $120,174
Other Assets Total-$0-
Liabilities
Other Liabilities$3,449$4,826▲ $1,377
Accounts Payable and Accrued Expenses$9,358$555▼ $8,803
Total Liabilities$12,807$5,381▼ $7,426
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$147,381$41,300▼ $106,081
Net Assets With Donor Restrictions$6,667--
Total Net Assets Fund Balance$154,048$41,300▼ $112,748
Total Liabilities and Net Assets / Fund Balance$166,855$46,681▼ $120,174
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Priya FremermanExecutive DirectorFT$56,128$56,128

Board Members and Trustees

NameTitle
Brian HansonPresident
Anupa GewaliDirector
Tana ChongsuwatDirector
Dominique HazzardSecretary
Laura KnisleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$238,802
Program Service Revenue
$10,950
Investment Income
$11
Other Revenue
$961
All Other Contributions
$238,802
Change in Net Assets
$-112,748
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$304,349
Total Fundraising Expense$114,559
Other Expenses$38,573
Grants and Similar Amounts Paid$20,550
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$87,444$39,306$80,821$207,571
Current Officers, Directors, Trustees, and Key Employees$48,831$4,490$2,807$56,128
Payroll Taxes$10,322$5,642$6,758$22,722
Grants to Domestic Individuals$20,550--$20,550
Other Employee Benefits$480$7,385$10,063$17,928
Office Expenses$3,259$534$8,558$12,351
Travel$4,666$949$1,302$6,917
Insurance-$3,840-$3,840
Other Expenses$1,475$164$4,250$164
All Other Expenses-$103-$103
Total Functional Expenses$177,256$71,657$114,559$363,472
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Chapters$4,825
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Part VI, Line 11B: Form 990 Review Process

The board of directors receives an electronic copy of the 990 for review and approval before it is filed.

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

Conflicts of interest are addressed as they arise.

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

The ceo compensation is set by the board of directors.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

The 990 can be acquired through the guidestar.org website.

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

The organization's governing documents, policies and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
GlobeMed NFP
EIN
76-0708721
Phone
8477865716
Address
1800 Sherman Avenue 1-200, Evanston, IL 60201

Signing Officer

Name
Priya Fremerman
Title
Executive Director
Signed
2022-12-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Priya Fremerman
Formed
2002
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
8
Volunteers
15

Preparer

Firm
Il Nfp Audit and Tax Llp
Address
564 W RANDOLPH STREET SUITE 200, CHICAGO, IL 60661
Preparer
Abdullah Khan CPA
Phone
3129985500
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from Federal and State income taxes under Section 501c3 of the Internal Revenue Code, therefore, the financial statements do not include a provision for income taxes. The Organization reviews income tax positions taken or expected to be taken in income tax returns to determine if there are any income tax uncertainties. This includes positions that the entity is exempt from income taxes or not subject to income taxes on unrelated business income. The Organization recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by taxing authorities, based on the technical merits of the positions. The Organization has identified no significant income tax uncertainties. The Organization files information returns as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the IRS.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from Federal and State income taxes under Section 501c3 of the Internal Revenue Code, therefore, the financial statements do not include a provision for income taxes. The Organization reviews income tax positions taken or expected to be taken in income tax returns to determine if there are any income tax uncertainties. This includes positions that the entity is exempt from income taxes or not subject to income taxes on unrelated business income. The Organization recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by taxing authorities, based on the technical merits of the positions. The Organization has identified no significant income tax uncertainties. The Organization files information returns as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the IRS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Financial Awards & Stipends
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTEES ARE SELECTED THROUGH A QUANTITATIVE AND QUALITATIVE APPLICATION PROCESS. GRANTEES ARE EVALUATED BASED ON COMMITMENT TO THE MOVEMENT FOR GLOBAL HEALTH EQUITY AND FINANCIAL NEED BASED ON THEIR APPLICATION FOR FEDERAL STUDENT AID FAFSA.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Additional Supplemental Information
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS RECEIVES AN ELECTRONIC COPY OF THE 990 FOR REVIEW AND APPROVAL BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICTS OF INTEREST ARE ADDRESSED AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CEO COMPENSATION IS SET BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 CAN BE ACQUIRED THROUGH THE GUIDESTAR.ORG WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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