Civic Intelligence

Born Global Foundation

990EZ • Fiscal year 2022 • EIN 81-5150589

Jan 01, 2022 to Dec 31, 2022 • Filed on May 20, 2023

254 Commercial StreetPortland, ME 04101

(305) 600-4405

Siviq Scores

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

Liabilities / Assets

99th percentile

11.71x

Higher debt load relative to assets than 99% of similar nonprofits.

2022 filings • NTEE P20 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

81st percentile

0.09x

Higher debt load relative to revenue than 81% of similar nonprofits.

2022 filings • NTEE P20 • <$500k nonprofits • Source year 2022

Net Margin

31st percentile

-2.6%

Higher net margin than 31% of similar nonprofits.

2022 filings • NTEE P20 • <$500k nonprofits • Source year 2022

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

2022 filings • NTEE P20 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

$1,311

No earlier filing loaded for comparison.

Net Assets

-$14,043

No earlier filing loaded for comparison.

Liabilities

$15,354

No earlier filing loaded for comparison.

Revenue

$177,117

No earlier filing loaded for comparison.

Expenses

$181,648

No earlier filing loaded for comparison.

Net Income

-$4,531

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20K$10K$0-$10K-$20KAssets 2022: $1,311Liabilities 2022: $15,354Net Assets 2022: -$14,0432022

Highlighted filing

2022

Assets$1,311
Liabilities$15,354
Net Assets-$14,043

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2022: $177,117Expenses 2022: $181,648Net Income 2022: -$4,5312022

Highlighted filing

2022

Revenue$177,117
Expenses$181,648
Net Income-$4,531
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 20, 2023
Return Version
2022v5.0
Gross Receipts
$177,117
Mission and Program Overview

Mission

The funding for the foundation's planned activities involve supporting social entrepreneurship activities in rural areas that have suffered due to the closure of industrial sites, with a particular focus on communities where there are ongoing attempts to re-purpose those sites. The foundation's leadership believe it is the people, not the technologies, that make projects successful. The born global foundation supports the non-profit social and economic development programs around these re- purposing programs making it better for local economies, the land, water and livelihood of real people.

Program Services

DescriptionGrantsExpenses
4.PROMOTION OF ECO-TOURISM AND OTHER POSSIBLE ECONOMIC ACTIVITIES TO BRING DEPTH TO THE SHALLOW ECONOMIES IN THESE RURAL AREAS. EXAMPLE THE INNOVATE MAINE TOURISM PROGRAM BEING DEVELOPED IN CONJUNCTION WITH THE STATE OF MAINE WHERE A FESTIVAL IS BEING PLANNED TO INCLUDE THE BEST OF MAINE FROM THESE INDUSTRIES. 5.PROMOTION OF SOCIAL EQUITY PLANS FOR EMPLOYMENT OF UNDERSERVED AND DISADVANTAGED SUCH AS VETERANS, JUVENILES, BATTERED WOMEN AND OTHERS. EXAMPLE WORK WITH THE NON-PROFIT SUNRISE COUNTY ECONOMIC COUNCIL IN MACHIAS, ME TO CREATE A VETERAN TRAINING PROGRAM AS WASHINGTON COUNTY HAS THE LARGEST NUMBER OF VETERANS IN THE STATE. 6.DEVELOPING A SYSTEMS-BASED MEASUREMENT SYSTEM TO CAPTURE THE NEW DYNAMICS OF SOCIO ECONOMICS IN THESE CLOSED LOOP ECONOMIC MODELS EXAMPLE: CREATION OF QUALITATIVE COMPARATIVE ANALYSIS MEASUREMENT SYSTEM DEVELOPED BY DR. KIMBERLY SAMAHA TO CAPTURE A 2-DIMENSIONAL WEIGHTING SYSTEM AS PART OF THE PREQUALIFICATION SYSTEM IN THE BORN GLOBAL CHALLENGE AND AS SUBMITTED TO THE SEWALL FOUNDATION AS A STANDARD FOR MEASURING THE ECONOMIC IMPACT OF THE CLOSED LOOP ECOSYSTEMS 7.DEVELOPING REPLICABLE FINANCIAL MODELS TO CASCADE A SUITE OF LOCAL, REGIONAL AND NATIONAL GRANTS THAT WILL SUPPORT A MORE SOCIO-ECONOMIC MODEL FOR PROJECT DEVELOPMENT THAT CAN BE REPLICATED REGIONALLY, NATIONALLY, AND INTERNATIONALLY. EX: TO DATE THERE ARE 6 FEDERAL GRANT SUBMISSIONS IN PROCESS WITH OTHER NON-PROFITS AND STATE OF MAINE IS SPONSORING A BORN GLOBAL STAKEHOLDER BREAKFAST AT THE ADVANCED BIOECONOMY LEADERSHIP CONFERENCE IN DC WITH KEY ADMINISTRATORS FROM FEDERAL PROGRAMS TO AFFECT THIS EFFORT. 8.PROMOTING INNOVATION IN AGRICULTURAL ECONOMIC MODELS TO PROMOTE BETTER BUSINESS MODELS FOR OPERATING COSTS AND FOOD TO MARKET CHANNELS. EXAMPLE: WORK WITH STONEWALL KITCHENS AND PATAGONIA FOODS TO CREATE A NEW FOOD DELIVERY TO HOME MODEL WHERE LOCAL GROWN MAINE PRODUCTS ARE PROMOTED THROUGH THE INNOVATE MAINE APPLICATION BEING DEVELOPED IN CONJUNCTION WITH THE STATE OF MAINE 9.COMMISSIONING FEASIBILITY AND SIMILAR STUDIES DESIGNED TO IDENTIFY OPPORTUNITIES FOR ECONOMIC AND SOCIAL DEVELOPMENT IN THE COMMUNITIES. EXAMPLE WORKING WITH THE NON-PROFIT FOR REPURPOSING MILLINOCKET ON THE FEASIBILITY OF CREATING AN IN-LAND PORT FOR CLEARING ON EXPORTS OF BIO- BASED PRODUCTS FROM MAINE.-$179,313
UNDERTAKING OR ASSISTING OTHERS IN JOB TRAINING PROGRAMS AND THE CREATION OF NECESSARY INFRASTRUCTURE (E.G., HOUSING, EDUCATION, CHILDCARE) TO SUPPORT RURAL COMMUNITIES THAT ARE RE-PURPOSING DISTRESSED INDUSTRIAL SITES. EXAMPLE THE INTEGRATION OF A MONTESSORI SCHOOL PROGRAM NEXT TO THE 'LIVING LAB' PROJECT IN JONESBORO MAINE--
WORKING TO ALIGN THE INTERESTS OF NORMALLY UNRELATED STAKEHOLDERS FROM FORESTRY, AGRICULTURE, AQUACULTURE, ACADEMIC RESEARCH, ECO-TOURISM AND OTHER INDUSTRIES TO FRAME AN UNDERSTANDING OF EFFECTIVE COMMUNITY DEVELOPMENT. EXAMPLE GRAPHENE CORRIDOR PROJECT REQUEST TO THE DEPARTMENT OF ENERGY TO WORK ON A CONTIGUOUS MULTI-STATE EFFORT TO ALIGN STAKEHOLDERS IN A HUB-SPOKE SYSTEM TO ADVANCE THE COMMERCIALIZATION OF BIO-INNOVATIONS--
ADVOCACY FOR ZERO-WASTE BIO-ECONOMY MODELS IN COLLABORATION WITH OTHER NONPROFIT ORGANIZATIONS AND STAKEHOLDERS. EXAMPLE WORK WITH THE BIOMASS POWER ASSOCIATION A NON-PROFIT, TO ADVOCATE FOR NEW POLICY INITIATIVES IN NE-ISO REGIONAL ELECTRICITY MARKET. EDUCATION AND ACADEMIC RESEARCH PROGRAMS. EXAMPLE PARTNERING AGREEMENT WITH THE UNIVERSITY OF MAINE TO DEVELOP COMPOSTING MATERIALS FROM WASTE FLY ASH FROM BOILERS IN BIOMASS POWER PLANTS. ADVOCACY FOR THE AWARENESS OF NATURAL AGRICULTURAL PRACTICES AND ENVIRONMENTALLY-FRIENDLY INDUSTRIES TO THE PUBLIC THROUGH MEDIA CAMPAIGNS SHOWING THE INTEGRATION OF THE ENERGY INDUSTRY AND FOOD PRODUCTION WITH EVERYDAY LIFE TO INCREASE ACCEPTANCE AND REPLICABILITY OF THE CLOSED-LOOP ZERO-WASTE MODEL. EXAMPLE VIDEO SERIES UNDER REQUEST FROM THE SEWALL FOUNDATION TO DOCUMENT THE SHRIMP FARM AND TOMATO INNOVATION CENTERS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KIMBERLY SAMAHAPresident-$0--
NORA BROWNELLSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Born Global Foundation
EIN
81-5150589
Phone
3056004405
Address
254 COMMERCIAL STREET, PORTLAND, ME 04101

Signing Officer

Name
Kimberly Samaha
Title
President
Phone
3056004405
Signed
2023-05-20

Preparer

Firm
Exco US Atrium Inc
Address
1200 BRICKELL AVE STE 1960, MIAMI, FL 33131
Preparer
Aline Darmouni
Phone
3056004405
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses bank charges 2,335 travel & lodging 9,962 total 12,297

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 12,216 14,216 due to born global 1,138 1,138

Form 990-ez, Part III

The funding for the foundation's planned activities involve supporting social entrepreneurship activities in rural areas that have suffered due to the closure of industrial sites, with a particular focus on communities where there are ongoing attempts to re-purpose those sites. The foundation's leadership believe it is the people, not the technologies, that make projects successful. The born global foundation supports the non-profit social and economic development programs around these re- purposing programs making it better for local economies, the land, water and livelihood of real people.

Form 990-ez, Part III, Line 28

Undertaking or assisting others in job training programs and the creation of necessary infrastructure (e.g., housing, education, childcare) to support rural communities that are re-purposing distressed industrial sites. Example the integration of a montessori school program next to the 'living lab' project in jonesboro maine

Form 990-ez, Part III, Line 29

Working to align the interests of normally unrelated stakeholders from forestry, agriculture, aquaculture, academic research, eco-tourism and other industries to frame an understanding of effective community development. Example graphene corridor project request to the department of energy to work on a contiguous multi-state effort to align stakeholders in a hub-spoke system to advance the commercialization of bio-innovations

Form 990-ez, Part III, Line 30

Advocacy for zero-waste bio-economy models in collaboration with other nonprofit organizations and stakeholders. Example work with the biomass power association a non-profit, to advocate for new policy initiatives in ne-iso regional electricity market. Education and academic research programs. Example partnering agreement with the university of maine to develop composting materials from waste fly ash from boilers in biomass power plants. Advocacy for the awareness of natural agricultural practices and environmentally-friendly industries to the public through media campaigns showing the integration of the energy industry and food production with everyday life to increase acceptance and replicability of the closed-loop zero-waste model. Example video series under request from the sewall foundation to document the shrimp farm and tomato innovation centers.

Form 990-ez, Part III, Line 31

4.promotion of eco-tourism and other possible economic activities to bring depth to the shallow economies in these rural areas. Example the innovate maine tourism program being developed in conjunction with the state of maine where a festival is being planned to include the best of maine from these industries. 5.promotion of social equity plans for employment of underserved and disadvantaged such as veterans, juveniles, battered women and others. Example work with the non-profit sunrise county economic council in machias, me to create a veteran training program as washington county has the largest number of veterans in the state. 6.developing a systems-based measurement system to capture the new dynamics of socio economics in these closed loop economic models example: creation of qualitative comparative analysis measurement system developed by dr. Kimberly samaha to capture a 2-dimensional weighting system as part of the prequalification system in the born global challenge and as submitted to the sewall foundation as a standard for measuring the economic impact of the closed loop ecosystems 7.developing replicable financial models to cascade a suite of local, regional and national grants that will support a more socio-economic model for project development that can be replicated regionally, nationally, and internationally. Ex: to date there are 6 federal grant submissions in process with other non-profits and state of maine is sponsoring a born global stakeholder breakfast at the advanced bioeconomy leadership conference in dc with key administrators from federal programs to affect this effort. 8.promoting innovation in agricultural economic models to promote better business models for operating costs and food to market channels. Example: work with stonewall kitchens and patagonia foods to create a new food delivery to home model where local grown maine products are promoted through the innovate maine application being developed in conjunction with the state of maine 9.commissioning feasibility and similar studies designed to identify opportunities for economic and social development in the communities. Example working with the non-profit for repurposing millinocket on the feasibility of creating an in-land port for clearing on exports of bio- based products from maine.

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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/ExplanationTxt0EXPENSES BANK CHARGES 2,335 TRAVEL & LODGING 9,962 TOTAL 12,297
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 12,216 14,216 DUE TO BORN GLOBAL 1,138 1,138
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FUNDING FOR THE FOUNDATION'S PLANNED ACTIVITIES INVOLVE SUPPORTING SOCIAL ENTREPRENEURSHIP ACTIVITIES IN RURAL AREAS THAT HAVE SUFFERED DUE TO THE CLOSURE OF INDUSTRIAL SITES, WITH A PARTICULAR FOCUS ON COMMUNITIES WHERE THERE ARE ONGOING ATTEMPTS TO RE-PURPOSE THOSE SITES. THE FOUNDATION'S LEADERSHIP BELIEVE IT IS THE PEOPLE, NOT THE TECHNOLOGIES, THAT MAKE PROJECTS SUCCESSFUL. THE BORN GLOBAL FOUNDATION SUPPORTS THE NON-PROFIT SOCIAL AND ECONOMIC DEVELOPMENT PROGRAMS AROUND THESE RE- PURPOSING PROGRAMS MAKING IT BETTER FOR LOCAL ECONOMIES, THE LAND, WATER AND LIVELIHOOD OF REAL PEOPLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNDERTAKING OR ASSISTING OTHERS IN JOB TRAINING PROGRAMS AND THE CREATION OF NECESSARY INFRASTRUCTURE (E.G., HOUSING, EDUCATION, CHILDCARE) TO SUPPORT RURAL COMMUNITIES THAT ARE RE-PURPOSING DISTRESSED INDUSTRIAL SITES. EXAMPLE THE INTEGRATION OF A MONTESSORI SCHOOL PROGRAM NEXT TO THE 'LIVING LAB' PROJECT IN JONESBORO MAINE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WORKING TO ALIGN THE INTERESTS OF NORMALLY UNRELATED STAKEHOLDERS FROM FORESTRY, AGRICULTURE, AQUACULTURE, ACADEMIC RESEARCH, ECO-TOURISM AND OTHER INDUSTRIES TO FRAME AN UNDERSTANDING OF EFFECTIVE COMMUNITY DEVELOPMENT. EXAMPLE GRAPHENE CORRIDOR PROJECT REQUEST TO THE DEPARTMENT OF ENERGY TO WORK ON A CONTIGUOUS MULTI-STATE EFFORT TO ALIGN STAKEHOLDERS IN A HUB-SPOKE SYSTEM TO ADVANCE THE COMMERCIALIZATION OF BIO-INNOVATIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ADVOCACY FOR ZERO-WASTE BIO-ECONOMY MODELS IN COLLABORATION WITH OTHER NONPROFIT ORGANIZATIONS AND STAKEHOLDERS. EXAMPLE WORK WITH THE BIOMASS POWER ASSOCIATION A NON-PROFIT, TO ADVOCATE FOR NEW POLICY INITIATIVES IN NE-ISO REGIONAL ELECTRICITY MARKET. EDUCATION AND ACADEMIC RESEARCH PROGRAMS. EXAMPLE PARTNERING AGREEMENT WITH THE UNIVERSITY OF MAINE TO DEVELOP COMPOSTING MATERIALS FROM WASTE FLY ASH FROM BOILERS IN BIOMASS POWER PLANTS. ADVOCACY FOR THE AWARENESS OF NATURAL AGRICULTURAL PRACTICES AND ENVIRONMENTALLY-FRIENDLY INDUSTRIES TO THE PUBLIC THROUGH MEDIA CAMPAIGNS SHOWING THE INTEGRATION OF THE ENERGY INDUSTRY AND FOOD PRODUCTION WITH EVERYDAY LIFE TO INCREASE ACCEPTANCE AND REPLICABILITY OF THE CLOSED-LOOP ZERO-WASTE MODEL. EXAMPLE VIDEO SERIES UNDER REQUEST FROM THE SEWALL FOUNDATION TO DOCUMENT THE SHRIMP FARM AND TOMATO INNOVATION CENTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt64.PROMOTION OF ECO-TOURISM AND OTHER POSSIBLE ECONOMIC ACTIVITIES TO BRING DEPTH TO THE SHALLOW ECONOMIES IN THESE RURAL AREAS. EXAMPLE THE INNOVATE MAINE TOURISM PROGRAM BEING DEVELOPED IN CONJUNCTION WITH THE STATE OF MAINE WHERE A FESTIVAL IS BEING PLANNED TO INCLUDE THE BEST OF MAINE FROM THESE INDUSTRIES. 5.PROMOTION OF SOCIAL EQUITY PLANS FOR EMPLOYMENT OF UNDERSERVED AND DISADVANTAGED SUCH AS VETERANS, JUVENILES, BATTERED WOMEN AND OTHERS. EXAMPLE WORK WITH THE NON-PROFIT SUNRISE COUNTY ECONOMIC COUNCIL IN MACHIAS, ME TO CREATE A VETERAN TRAINING PROGRAM AS WASHINGTON COUNTY HAS THE LARGEST NUMBER OF VETERANS IN THE STATE. 6.DEVELOPING A SYSTEMS-BASED MEASUREMENT SYSTEM TO CAPTURE THE NEW DYNAMICS OF SOCIO ECONOMICS IN THESE CLOSED LOOP ECONOMIC MODELS EXAMPLE: CREATION OF QUALITATIVE COMPARATIVE ANALYSIS MEASUREMENT SYSTEM DEVELOPED BY DR. KIMBERLY SAMAHA TO CAPTURE A 2-DIMENSIONAL WEIGHTING SYSTEM AS PART OF THE PREQUALIFICATION SYSTEM IN THE BORN GLOBAL CHALLENGE AND AS SUBMITTED TO THE SEWALL FOUNDATION AS A STANDARD FOR MEASURING THE ECONOMIC IMPACT OF THE CLOSED LOOP ECOSYSTEMS 7.DEVELOPING REPLICABLE FINANCIAL MODELS TO CASCADE A SUITE OF LOCAL, REGIONAL AND NATIONAL GRANTS THAT WILL SUPPORT A MORE SOCIO-ECONOMIC MODEL FOR PROJECT DEVELOPMENT THAT CAN BE REPLICATED REGIONALLY, NATIONALLY, AND INTERNATIONALLY. EX: TO DATE THERE ARE 6 FEDERAL GRANT SUBMISSIONS IN PROCESS WITH OTHER NON-PROFITS AND STATE OF MAINE IS SPONSORING A BORN GLOBAL STAKEHOLDER BREAKFAST AT THE ADVANCED BIOECONOMY LEADERSHIP CONFERENCE IN DC WITH KEY ADMINISTRATORS FROM FEDERAL PROGRAMS TO AFFECT THIS EFFORT. 8.PROMOTING INNOVATION IN AGRICULTURAL ECONOMIC MODELS TO PROMOTE BETTER BUSINESS MODELS FOR OPERATING COSTS AND FOOD TO MARKET CHANNELS. EXAMPLE: WORK WITH STONEWALL KITCHENS AND PATAGONIA FOODS TO CREATE A NEW FOOD DELIVERY TO HOME MODEL WHERE LOCAL GROWN MAINE PRODUCTS ARE PROMOTED THROUGH THE INNOVATE MAINE APPLICATION BEING DEVELOPED IN CONJUNCTION WITH THE STATE OF MAINE 9.COMMISSIONING FEASIBILITY AND SIMILAR STUDIES DESIGNED TO IDENTIFY OPPORTUNITIES FOR ECONOMIC AND SOCIAL DEVELOPMENT IN THE COMMUNITIES. EXAMPLE WORKING WITH THE NON-PROFIT FOR REPURPOSING MILLINOCKET ON THE FEASIBILITY OF CREATING AN IN-LAND PORT FOR CLEARING ON EXPORTS OF BIO- BASED PRODUCTS FROM MAINE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIAMI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033131
ReturnHeader/PreparerPersonGrp/PhoneNum03056004405
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALINE DARMOUNI
ReturnHeader/ReturnTs02023-10-13T13:01:13-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KIMBERLY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SAMAHA
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.01$0.15$0.14$1.77$1.82$0.05