Civic Intelligence

Global Newborn Solutions Inc.

990EZ • Fiscal year 2022 • EIN 83-2669843

Jan 01, 2022 to Dec 31, 2022 • Filed on Dec 13, 2023

20 Hillside TerraceBelmont, MA 02478

(617) 355-6027

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

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

Liabilities / Revenue

58th percentile

0.00x

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

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

Net Margin

11th percentile

-45%

Higher net margin than 11% of similar nonprofits.

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

Top Officer Pay

96th percentile

$74,008

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 58.7% of source-year revenue.

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

Asset Growth

21st percentile

-22%

Faster asset growth than 21% of similar nonprofits.

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

Revenue Growth

94th percentile

307%

Faster revenue growth than 94% of similar nonprofits.

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

Assets

Down

$206,355

Down $56,693 (-22%) from 2021

Net Assets

Down

$206,355

Down $56,693 (-22%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$126,150

Up $95,145 (+307%) from 2021

Expenses

Up

$182,843

Up $74,904 (+69%) from 2021

Net Income

Up

-$56,693

Up $20,241 (+26%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2019: $7,458Liabilities 2019: $3,100Net Assets 2019: $4,3582019Assets 2020: $339,982Liabilities 2020: $0Net Assets 2020: $339,9822020Assets 2021: $263,048Liabilities 2021: $0Net Assets 2021: $263,0482021Assets 2022: $206,355Liabilities 2022: $0Net Assets 2022: $206,3552022Assets 2023: $758,410Liabilities 2023: $0Net Assets 2023: $758,4102023Assets 2024: $660,886Liabilities 2024: $17,678Net Assets 2024: $643,2082024

Highlighted filing

2022

Assets$206,355
Liabilities$0
Net Assets$206,355

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2019: $10,637Expenses 2019: $6,279Net Income 2019: $4,3582019Revenue 2020: $382,540Expenses 2020: $46,916Net Income 2020: $335,6242020Revenue 2021: $31,005Expenses 2021: $107,939Net Income 2021: -$76,9342021Revenue 2022: $126,150Expenses 2022: $182,843Net Income 2022: -$56,6932022Revenue 2023: $649,308Expenses 2023: $97,254Net Income 2023: $552,0542023Revenue 2024: $24,245Expenses 2024: $139,447Net Income 2024: -$115,2022024

Highlighted filing

2022

Revenue$126,150
Expenses$182,843
Net Income-$56,693
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Dec 13, 2023
Return Version
2022v5.0
Gross Receipts
$126,150
Mission and Program Overview

Mission

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.

To support and facilitate maternal and child care health around the world with an emphsasis 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.

Program Services

DescriptionGrantsExpenses
LICENSING PATENTS, SUBMITTING FDA APPLICATIONS, IDENTIFYING POTENTIAL MANUFACTURING PARTNERS AND DEVELOPING WEBSITE FOR EDUCATION, DONATIONS AND MARKETING IN FURTHERANCE OF ITS EXEMPT PURPOSE.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN MEMARIANPresidentFT$73,333$675$74,008
LEANA SILVERBERGDirectorFT$0--
ANNE HANSENCheif Executive OfficerPT$0--
SUNDEEP VIRABoard - Treasurer-$0--
MEREDITH MCPHERSONBoard - Secretary-$0--
DANIEL NOVABoard - Director-$0--
ASHOK GADGILBoard - Director-$0--
Filing and Contact Details

Filer

Filer Name
Global Newborn Solutions
EIN
83-2669843
Phone
6173556027
Address
20 HILLSIDE TERRACE, BELMONT, MA 02478

Signing Officer

Name
Anne Hansen
Title
CEO
Phone
6173556027
Signed
2023-12-13
Discuss with paid preparer
Yes

Preparer

Firm
Morgan & Morgan Pc
Address
175 DERBY STREET - SUITE 40, HINGHAM, MA 02043
Preparer
Timothy Maclellan Cpapfs
Phone
7817490050
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: office expense. Amount: 861. Description: payroll fees. Amount: 594. Description: misc. Expense. Amount: 2,507. Description: license expense. Amount: 2,565. Description: website expense. Amount: 1,875. Description: supplies. Amount: 67,183. Total to form 990-ez, line 16: 75,585.

Raw XML Appendix175 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/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN MEMARIAN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHEIF EXECUTIVE OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD - TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD - SECRETARY
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT AND FACILITATE MATERNAL AND CHILD CARE HEALTH AROUND THE WORLD WITH AN EMPHSASIS 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.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OFFICE EXPENSE. AMOUNT: 861. DESCRIPTION: PAYROLL FEES. AMOUNT: 594. DESCRIPTION: MISC. EXPENSE. AMOUNT: 2,507. DESCRIPTION: LICENSE EXPENSE. AMOUNT: 2,565. DESCRIPTION: WEBSITE EXPENSE. AMOUNT: 1,875. DESCRIPTION: SUPPLIES. AMOUNT: 67,183. TOTAL TO FORM 990-EZ, LINE 16: 75,585.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/ReturnTs02023-12-15T08:45:45-06:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings