Liabilities / Assets
54th percentile
Higher debt load relative to assets than 54% of similar nonprofits.
EIN 83-2669843 • 501(c)3 • Belmont, MA
Profile
Global newborn solutions develops medical innovations to address the most vital components of neonatal health and survival in resource limited settings.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
54th percentile
Higher debt load relative to assets than 54% of similar nonprofits.
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
85th percentile
Faster asset growth than 85% of similar nonprofits.
Revenue Growth
26th percentile
Faster revenue growth than 26% of similar nonprofits.
Assets
Down$660,886
Down $97,524 (-13%) from 2023
Liabilities
Up$17,678
Up $17,678 from 2023
Net Assets
Down$643,208
Down $115,202 (-15%) from 2023
Revenue
Down$24,245
Down $625,063 (-96%) from 2023
Expenses
Up$139,447
Up $42,193 (+43%) from 2023
Net Income
Down-$115,202
Down $667,256 (-121%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To support and facilitate maternal and child care health around the world with an emphasis on the development and distribution of efficient and low-cost methods and devices that aid in postpartum and infant care, and on public education on use of these and related methods and devices.
Global newborn solutions develops medical innovations to address the most vital components of neonatal health and survival in resource limited settings.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $667,332 | $317,413 | ▼ $349,919 |
| Savings and Temporary Cash Investments | - | $255,019 | - |
| Inventories for Sale or Use | $88,170 | $80,402 | ▼ $7,768 |
| Accounts Receivable | $2,908 | $8,052 | ▲ $5,144 |
| Total Assets | $758,410 | $660,886 | ▼ $97,524 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | - | $17,678 | - |
| Total Liabilities | $0 | $17,678 | ▲ $17,678 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $758,410 | $643,208 | ▼ $115,202 |
| Total Net Assets Fund Balance | $758,410 | $643,208 | ▼ $115,202 |
| Total Liabilities and Net Assets / Fund Balance | $758,410 | $660,886 | ▼ $97,524 |
| Name | Title |
|---|---|
| Ashok Gadgil | Board Member |
| Dan Nova | Board Member |
| Sundeep Vira | Board Member |
| Anne Hansen | Founder |
| Meredith Mcpherron | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $139,421 |
| Total Fundraising Expense | $15,001 |
| Salaries, Compensation, and Employee Benefits | $26 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Office Expenses | $40,838 | $25,363 | $14,833 | $81,034 |
| Fees for Services Legal | $39,433 | - | - | $39,433 |
| Fees for Services Accounting | - | $11,600 | - | $11,600 |
| Occupancy | $5,947 | - | - | $5,947 |
| Other Expenses | $669 | $348 | $168 | $516 |
| Travel | $121 | - | - | $121 |
| Advertising | $101 | - | - | $101 |
| Payroll Taxes | - | $26 | - | $26 |
| Total Functional Expenses | $87,109 | $37,337 | $15,001 | $139,447 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $139,447 |
| Total Expenses per Audited Statements | $139,447 |
| Total Expenses per Form 990 | $139,447 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The organization's finance committee review the tax return and all related schedules in depth prior to filing. Additionally, notification is made to board members at their monthly meeting that a copy of the return is available at their convenience at the office.”
“Conflict of interest policy is reviewed with officers annually.”
“The organization's governing documents and financial statements are available for review by appointment with the organization.”
“The entity has an audit committee that reviews and approves the audit. The process has not changed from the prior year.”
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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| IRS990/ActivityOrMissionDesc | 0 | GLOBAL NEWBORN SOLUTIONS DEVELOPS MEDICAL INNOVATIONS TO ADDRESS THE MOST VITAL COMPONENTS OF NEONATAL HEALTH AND SURVIVAL IN RESOURCE LIMITED SETTINGS. |
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| IRS990/Desc | 0 | GLOBAL NEWBORN SOLUTIONS DEVELOPS MEDICAL INNOVATIONS TO ADDRESS THE MOST VITAL COMPONENTS OF NEONATAL HEALTH AND SURVIVAL IN RESOURCE LIMITED SETTINGS. |
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| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/FormationYr | 0 | 2018 |
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| IRS990/FSAuditedInd | 0 | true |
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| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
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| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 32013 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 9319 |
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| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 5019 |
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| IRS990/InvestmentInJointVentureInd | 0 | false |
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| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
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| IRS990/OtherExpensesGrp/Desc | 1 | TAXES & FEES |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION'S FINANCE COMMITTEE REVIEW THE TAX RETURN AND ALL RELATED SCHEDULES IN DEPTH PRIOR TO FILING. ADDITIONALLY, NOTIFICATION IS MADE TO BOARD MEMBERS AT THEIR MONTHLY MEETING THAT A COPY OF THE RETURN IS AVAILABLE AT THEIR CONVENIENCE AT THE OFFICE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | CONFLICT OF INTEREST POLICY IS REVIEWED WITH OFFICERS ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW BY APPOINTMENT WITH THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ENTITY HAS AN AUDIT COMMITTEE THAT REVIEWS AND APPROVES THE AUDIT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 12, PART XII, LINE 2C |
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| IRS990/WebsiteAddressTxt | 0 | WWW.GLOBALNEWBORN.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ANNE HANSEN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | FOUNDER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6173556027 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-07-18 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GLOBAL NEWBORN SOLUTIONS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GLOB |
| ReturnHeader/Filer/EIN | 0 | 832669843 |
| ReturnHeader/Filer/PhoneNum | 0 | 6173556027 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 20 HILLSIDE TERRACE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BELMONT |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02478 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 873152626 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DAUPHIN & FANTACONE CPAS LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 327 W FAYETTE ST SUITE 400 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SYRACUSE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 13202 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3156298256 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-07-18 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MATTHEW M FANTACONE CPA |
| ReturnHeader/ReturnTs | 0 | 2025-07-21T09:54:25-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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