Civic Intelligence

Global Genomic Medicine Collaborative

990 • Fiscal year 2020 • EIN 81-3079744

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

Organization ProfileG2MC.ORG
1821 Hillandale Rd Ste 1b-254Durham, NC 27705

(919) 616-0175

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

31st percentile

0.00x

Higher debt load relative to assets than 31% of similar nonprofits.

2020 filings • NTEE E • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

28th percentile

0.00x

Higher debt load relative to revenue than 28% of similar nonprofits.

2020 filings • NTEE E • $500k-$1M nonprofits • Source year 2020

Net Margin

72nd percentile

24%

Higher net margin than 72% of similar nonprofits.

2020 filings • NTEE E • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2020 filings • NTEE E • $500k-$1M nonprofits • Source year 2020

Asset Growth

86th percentile

50%

Faster asset growth than 86% of similar nonprofits.

2020 filings • NTEE E • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

96th percentile

179%

Faster revenue growth than 96% of similar nonprofits.

2020 filings • NTEE E • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets31st percentile

Assets

Up

$633,214

Up $211,736 (+50%) from 2019

Net Assets

Up

$631,761

Up $219,646 (+53%) from 2019

Liabilities

Down

$1,453

Down $7,910 (-84%) from 2019

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin72nd percentile

Revenue

Up

$917,522

Up $588,522 (+179%) from 2019

Expenses

Up

$697,876

Up $291,515 (+72%) from 2019

Net Income

Up

$219,646

Up $297,007 (+384%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$1.5M$1.0M$500K$0Assets 2017: $223,693Liabilities 2017: $0Net Assets 2017: $223,6932017Assets 2018: $490,073Liabilities 2018: $597Net Assets 2018: $489,4762018Assets 2019: $421,478Liabilities 2019: $9,363Net Assets 2019: $412,1152019Assets 2020: $633,214Liabilities 2020: $1,453Net Assets 2020: $631,7612020Assets 2021: $1,365,095Liabilities 2021: $1,516Net Assets 2021: $1,363,5792021Assets 2022: $1,234,362Liabilities 2022: $875Net Assets 2022: $1,233,4872022Assets 2023: $279,746Liabilities 2023: $2,985Net Assets 2023: $276,7612023Assets 2024: $285,845Liabilities 2024: $2,324Net Assets 2024: $283,5212024

Highlighted filing

2020

Assets$633,214
Liabilities$1,453
Net Assets$631,761
Open 2020 Filing

Operations Trend

Revenue Growth96th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2017: $220,000Expenses 2017: $108,174Net Income 2017: $111,8262017Revenue 2018: $608,798Expenses 2018: $343,015Net Income 2018: $265,7832018Revenue 2019: $329,000Expenses 2019: $406,361Net Income 2019: -$77,3612019Revenue 2020: $917,522Expenses 2020: $697,876Net Income 2020: $219,6462020Revenue 2021: $1,687,021Expenses 2021: $955,203Net Income 2021: $731,8182021Revenue 2022: $952,070Expenses 2022: $1,082,162Net Income 2022: -$130,0922022Revenue 2023: $226,540Expenses 2023: $1,183,266Net Income 2023: -$956,7262023Revenue 2024: $666,860Expenses 2024: $670,403Net Income 2024: -$3,5432024

Highlighted filing

2020

Revenue$917,522
Expenses$697,876
Net Income$219,646
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.0
Gross Receipts
$917,522
Mission and Program Overview

Mission

The entity is organized and operated exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code to include advancing genomic medicine in clinical care through global collaborations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$421,478$633,214▲ $211,736
Total Assets$421,478$633,214▲ $211,736
Liabilities
Other Liabilities$9,363$1,453▼ $7,910
Total Liabilities$9,363$1,453▼ $7,910
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$412,115$631,761▲ $219,646
Total Net Assets Fund Balance$412,115$631,761▲ $219,646
Total Liabilities and Net Assets / Fund Balance$421,478$633,214▲ $211,736
Compensation and Service Providers
Top Officer Pay53rd percentile

Board Members and Trustees

NameTitle
Geoffrey GinsburgChairman
Alan ShuldinerDirector
Vajira DissanayakeDirector
George PatrinosSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$917,522
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$917,522
Change in Net Assets
$219,646
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$413,557
Grants and Similar Amounts Paid$284,319
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$254,319--$254,319
Conferences and Meetings$38,389--$38,389
Grants to Domestic Orgs$30,000--$30,000
Fees for Services Legal-$17,760-$17,760
Travel$8,380--$8,380
Information Technology-$2,167-$2,167
Office Expenses-$359-$359
Other Expenses$54,023$207-$207
Total Functional Expenses$676,313$21,563$0$697,876
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CHILDREN'S HOSPITAL OF PHILADELPHIAPhiladelphia, PA501c3Research Admin Mgmt$30,000

International Summary

Spending
$254,319

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
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaRes Database Develop---$200,000
EuropeRes Database Develop---$54,319
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$1,453
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
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, Page 6, Part VI, Line 11B

“Form 990 reviewed and approved by board of directors.”

Form 990, Page 6, Part VI, Line 12C

“Annual disclosure statement required. Chairperson of board (or his designee) shall review all such statements.”

Form 990, Page 6, Part VI, Line 15A

“Not applicable; no paid employees or officers. Strictly a volunteer organization.”

Form 990, Page 6, Part VI, Line 15B

“Not applicable; no paid employees or officers. Strictly a volunteer organization.”

Form 990, Page 6, Part VI, Line 19

“All governing documents available to general public upon request in written or electronic format. Website contains link for contacting the organization and submitting such request.”

Filing and Contact Details

Filer

Filer Name
Global Genomic Medicine
EIN
81-3079744
Phone
9196160175
Address
1821 HILLANDALE RD STE 1B-254, DURHAM, NC 27705

Signing Officer

Name
Geoffrey Ginsburg
Title
Chairman
Phone
9196686210
Signed
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Geoffrey Ginsburg
Formed
2016
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Mclamb Yeager & Johnson Pa Cpas
Address
3200 FAIRHILL DR STE 108, RALEIGH, NC 27612
Preparer
Samuel J Johnson
Phone
9198810057
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The entity is organized and operated exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code to include advancing genomic medicine in clinical care through global collaborations.”

Form 990, Page 1, Part I, Line 6

“Various medical professionals advancing research and application of genomic medicine on a global basis.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ENTITY IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE TO INCLUDE ADVANCING GENOMIC MEDICINE IN CLINICAL CARE THROUGH GLOBAL COLLABORATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VARIOUS MEDICAL PROFESSIONALS ADVANCING RESEARCH AND APPLICATION OF GENOMIC MEDICINE ON A GLOBAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 REVIEWED AND APPROVED BY BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL DISCLOSURE STATEMENT REQUIRED. CHAIRPERSON OF BOARD (OR HIS DESIGNEE) SHALL REVIEW ALL SUCH STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NOT APPLICABLE; NO PAID EMPLOYEES OR OFFICERS. STRICTLY A VOLUNTEER ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NOT APPLICABLE; NO PAID EMPLOYEES OR OFFICERS. STRICTLY A VOLUNTEER ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL GOVERNING DOCUMENTS AVAILABLE TO GENERAL PUBLIC UPON REQUEST IN WRITTEN OR ELECTRONIC FORMAT. WEBSITE CONTAINS LINK FOR CONTACTING THE ORGANIZATION AND SUBMITTING SUCH REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0GEOFFREY GINSBURG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
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ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOBAL GENOMIC MEDICINE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COLLABORATIVE
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SAMUEL J JOHNSON
ReturnHeader/ReturnTs02021-11-15T14:23:07-06:00
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$633,214
Liabilities
$1,453
Net assets
$631,761
Revenue
$917,522
Expenses
$697,876
Net income
$219,646
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.28$0.67$0.67$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.23$1.18$0.96
2022Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.95$1.08$0.13
2021Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.36$1.69$0.96$0.73
2020Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.92$0.70$0.22
2019Summary only. Only limited summary data is available for this year.$0.42$0.01$0.41$0.33$0.41$0.08
2018Summary only. Only limited summary data is available for this year.$0.49$0.00$0.49$0.61$0.34$0.27
2017Summary only. Only limited summary data is available for this year.$0.22$0.00$0.22$0.22$0.11$0.11