Civic Intelligence

Globalwealth Management Initiative Inc Gwmi

EIN 82-2672536 • 501(c)3 • Jamaica, NY

Profile

The exempt purpose is to conduct public financial literacy enlightenment programs as a means of supporting community development.

14819 90th Avenue Suite 3GJamaica, NY 11435
Siviq Scores

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

Liabilities / Assets

65th percentile

0.00x

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

NTEE P20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.00x

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

NTEE P20 • <$500k nonprofits • Source year 2024

Net Margin

43rd percentile

1.5%

Higher net margin than 43% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

NTEE P20 • <$500k nonprofits • Source year 2024

Asset Growth

80th percentile

67%

Faster asset growth than 80% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Annualized from 2021 to 2024

Revenue Growth

51st percentile

2.5%

Faster revenue growth than 51% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Annualized from 2021 to 2024

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$1,000

Up $784 (+363%) from 2021

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Up

$1,000

Up $784 (+363%) from 2021

Operations
Liabilities / Revenue67th percentileNet Margin43rd percentile

Revenue

Up

$65,000

Up $4,600 (+7.6%) from 2021

Expenses

Up

$64,000

Up $3,724 (+6.2%) from 2021

Net Income

Up

$1,000

Up $876 (+706%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth80th percentile

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

$1.0K$500$0Assets 2021: $216Net Assets 2021: $2162021Assets 2024: $1,000Liabilities 2024: $0Net Assets 2024: $1,0002024

Highlighted filing

2024

Assets$1,000
Liabilities$0
Net Assets$1,000
Open 2024 Filing

Operations Trend

Revenue Growth51st percentile

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

$80K$60K$40K$20K$0Revenue 2021: $60,400Expenses 2021: $60,276Net Income 2021: $1242021Revenue 2024: $65,000Expenses 2024: $64,000Net Income 2024: $1,0002024

Highlighted filing

2024

Revenue$65,000
Expenses$64,000
Net Income$1,000
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,000
Liabilities
$0
Net assets
$1,000
Revenue
$65,000
Expenses
$64,000
Net income
$1,000
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$65.0$64.0$1.00
2021Detailed filing. Detailed filing data is available for this year.$0.22$0.22$60.4$60.3$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.0
Gross Receipts
$65,000
Mission and Program Overview

Mission

Financialdevelopmentenlightenmentservices

The exempt purpose is to conduct public financial literacy enlightenment programs as a means of supporting community development.

Program Services

DescriptionGrantsExpenses
Provided capacity building seminars for Micro, Small, Medium Enterprises(MSMEs) focused on governance, financial risk management and entrepreneurship for access to government funding intervention program.$0$29,000
Co-sponsorship of NANS conference as financial literacy program for capital market stakeholders and the legislatures-$25,000
Collaborative support to SEC, Nigeria for staff training, regulatory measures and financial product development.-$10,000
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Henry OsazuwaDirectorFT$0--
Peter IghodaroDirectorPT$0--
Alexis OsazuwaDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Globalwealth Management Initiative Inc Gwmi
EIN
82-2672536
Phone
3474594396
Address
14819 90th Avenue Suite 3G, Jamaica, NY 11435

Signing Officer

Name
Henry Osazuwa
Title
President
Phone
3474594396
Signed
2025-05-15
Supplemental Narrative

Additional Explanations

Part V, Line 33

“Financial literacy outreach to MSMEs for capacity building fulfills the eligibility requirements for the government intervention fund program.”

Raw XML Appendix180 raw XML fields

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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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt210000
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Financial literacy outreach to MSMEs for capacity building fulfills the eligibility requirements for the government intervention fund program.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 33
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Henry Osazuwa
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03474594396
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOBALWEALTH MANAGEMENT INITIATIVE INC GWMI
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0822672536
ReturnHeader/Filer/PhoneNum03474594396
ReturnHeader/Filer/USAddress/AddressLine1Txt014819 90th Avenue Suite 3G
ReturnHeader/Filer/USAddress/CityNm0Jamaica
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011435
ReturnHeader/ReturnTs02025-05-15T18:38:36Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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