Civic Intelligence

Globel Foster Care

EIN 81-0696444 • 501(c)3 • Missouri City, TX

Profile

Globel Foster Care mission is to provide displaced children in the State of Texas a safe placement through foster care and adoption,assist in teaching a multitude of skills to empower the child to self-sufficiency, and facilitate the possible reunification of children with family

PO Box 922Missouri City, TX 77459

globelfostercare.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

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

Liabilities / Revenue

62nd percentile

0.00x

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

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

Net Margin

27th percentile

-14%

Higher net margin than 27% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

16th percentile

-68%

Faster asset growth than 16% of similar nonprofits.

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

Revenue Growth

19th percentile

-49%

Faster revenue growth than 19% of similar nonprofits.

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

Assets

Down

$51,293

Down $111,302 (-68%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$51,293

Down $111,302 (-68%) from 2021

Revenue

Down

$432,160

Down $411,618 (-49%) from 2021

Expenses

Down

$493,076

Down $286,684 (-37%) from 2021

Net Income

Down

-$60,916

Down $124,934 (-195%) from 2021

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2016: $6,209Liabilities 2016: $14,4412016Assets 2017: $129,340Liabilities 2017: $42,2762017Assets 2018: $156,707Liabilities 2018: $42,276Net Assets 2018: $114,4312018Assets 2019: $150,435Liabilities 2019: $42,276Net Assets 2019: $108,1592019Assets 2020: $98,577Liabilities 2020: $0Net Assets 2020: $98,5772020Assets 2021: $162,595Liabilities 2021: $0Net Assets 2021: $162,5952021Assets 2022: $51,293Liabilities 2022: $0Net Assets 2022: $51,2932022

Highlighted filing

2022

Assets$51,293
Liabilities$0
Net Assets$51,293

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $39,761Expenses 2016: $30,193Net Income 2016: $9,5682016Revenue 2017: $159,865Expenses 2017: $65,569Net Income 2017: $94,2962017Revenue 2018: $399,316Expenses 2018: $371,949Net Income 2018: $27,3672018Revenue 2019: $626,463Expenses 2019: $632,735Net Income 2019: -$6,2722019Revenue 2020: $638,143Expenses 2020: $579,425Net Income 2020: $58,7182020Revenue 2021: $843,778Expenses 2021: $779,760Net Income 2021: $64,0182021Revenue 2022: $432,160Expenses 2022: $493,076Net Income 2022: -$60,9162022

Highlighted filing

2022

Revenue$432,160
Expenses$493,076
Net Income-$60,916

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 1, 2022
Return Version
2022v5.0
Gross Receipts
$432,160
Mission and Program Overview

Mission

Globel Foster Care mission is to provide displaced children in the State of Texas a safe placement through foster care and adoption,assist in teaching a multitude of skills to empower the child to self-sufficiency, and facilitate the possible reunification of children with family

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$158,638$50,953▼ $107,685
Total Assets$158,978$51,293▼ $107,685
Other Assets Total$340$340→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$158,978$51,293▼ $107,685
Total Net Assets Fund Balance$158,978$51,293▼ $107,685
Total Liabilities and Net Assets / Fund Balance$158,978$51,293▼ $107,685

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$340--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chimiri DuncanPresident
Yvette MitchellSecretary
Adiagha MbonisiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$390,036
Investment Income
$0
Other Revenue
$42,124
Change in Net Assets
$-60,916
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$384,666
Other Expenses$108,410
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$346,876$26,595-$373,471
Occupancy$32,476--$32,476
All Other Expenses$30,576--$30,576
Fees for Services Legal-$18,000-$18,000
Payroll Taxes$10,398$797-$11,195
Insurance$10,605--$10,605
Fees for Services Accounting-$5,445-$5,445
Travel$2,787--$2,787
Information Technology$1,415--$1,415
Other Expenses$1,288--$1,288
Conferences and Meetings$571--$571
Office Expenses$462--$462
Total Functional Expenses$442,239$50,837$0$493,076
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
Backup withholding compliance
No
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
Yes
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 governing body review Part VI line 11

yes

Conflict of interest policy compliance Part VI line 12C

no

CEO executive director top management comp Part VI line 15A

yes

Other officer or key employee compensation Part VI line 15B

Recieve compensatsation

Governing documents etc available to public Part VI line 19

yes

Filing and Contact Details

Filer

Filer Name
Globel Foster Care
EIN
81-0696444
Address
PO Box 922, Missouri City, TX 77459

Signing Officer

Name
Janet McAfee
Title
Owner
Phone
8329871995
Signed
2022-10-01
Discuss with paid preparer
Yes

Organization Details

Formed
2017
Legal Domicile
TX
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Morris Company
Address
5450 NW Central Drive Ste 250, Houston, TX 77092
Preparer
Nicole Morris
Phone
7139659771
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