Civic Intelligence

Global Startup Foundation Inc.

990EZ • Fiscal year 2020 • EIN 84-3133968

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 12, 2021

Organization Profilewww.globalstartupfoundation.com
10 Hudson Yards 48th FloorNew York City, NY 10001

(347) 470-7669

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

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

2020 filings • NTEE B99 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.00x

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

2020 filings • NTEE B99 • <$500k nonprofits • Source year 2020

Net Margin

37th percentile

0.0%

Higher net margin than 37% of similar nonprofits.

2020 filings • NTEE B99 • <$500k nonprofits • Source year 2020

Top Officer Pay

80th percentile

$13,500

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 12.6% of source-year revenue.

2020 filings • NTEE B99 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Revenue Growth

48th percentile

-24%

Faster revenue growth than 48% of similar nonprofits.

2020 filings • NTEE B99 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets54th percentile

Assets

Up

$395

Up $395 from 2019

Net Assets

Up

$395

Up $395 from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin37th percentile

Revenue

Down

$107,035

Down $33,467 (-24%) from 2019

Expenses

Down

$107,035

Down $33,467 (-24%) from 2019

Net Income

Flat

$0

Flat from 2019

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150K$100K$50K$0Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $395Liabilities 2020: $0Net Assets 2020: $3952020Assets 2021: $395Liabilities 2021: $0Net Assets 2021: $3952021Assets 2022: $130,897Liabilities 2022: $130,897Net Assets 2022: $02022Assets 2023: $27,379Liabilities 2023: $13,871Net Assets 2023: $13,5082023Assets 2024: $27,379Liabilities 2024: $13,000Net Assets 2024: $14,3792024

Highlighted filing

2020

Assets$395
Liabilities$0
Net Assets$395
Open 2020 Filing

Operations Trend

Revenue Growth48th percentile

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

$300K$200K$100K$0-$100KRevenue 2019: $140,502Expenses 2019: $140,502Net Income 2019: $02019Revenue 2020: $107,035Expenses 2020: $107,035Net Income 2020: $02020Revenue 2021: $153,554Expenses 2021: $153,554Net Income 2021: $02021Revenue 2022: $236,680Expenses 2022: $236,680Net Income 2022: $02022Revenue 2023: $172,119Expenses 2023: $172,990Net Income 2023: -$8712023Revenue 2024: $43,707Expenses 2024: $43,707Net Income 2024: $02024

Highlighted filing

2020

Revenue$107,035
Expenses$107,035
Net Income$0
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 12, 2021
Return Version
2020v4.0
Gross Receipts
$107,035
Mission and Program Overview

Mission

GSF mission is to conduct practical education training programs that prepare individuals and institutions for the digital age. Our programs include workforce training initiatives with institutional partners, career & leadership tech training programs for minorities and youth, business and tech training programs for SME, startups and early stage companies. We have the world's fastest growing community of beneficiaries due to our tenure in hosting and managing remote online accelerator programs over the past few years.

Program Services

DescriptionGrantsExpenses
GSF Career Lab: Future of Work Initiative - Our diversity inclusion career programs for people of color in the USA include a multi week career accelerator training series program followed by remote internship placements and career job fair for post program placement. Training includes skills training on the top 10 on demand skills of the decade, soft skills training, civic leadership, personal branding and positioning, and future tech awareness (IOT, ai, blockchain, VR, nano, space tech, etc). We also include cultural identity and mental health wellness experience. We serve 1000 participants a year with this multi year initiative. This program was funded to begin in 2021.$100,000$100,000
GSF Lab programs are when government and corporate institutions request customized startup and career development programs that leverage tech training, civic leadership, and skills development for their constituents or minority communities. We host programs in various countries including USA, Haiti, Nigeria, Ghana, Ethiopia and more. We served program cohorts alumni beneficiaries of 11,300 people via this initiative.$85,000$84,500
GSF Startup Career Accelerators- Every year we host one of the world's largest online startup career accelerator program. This targets entrepreneurs in the SME or startup stage who want to learn the fundamentals of building/scaling their business while managing their career goals and objectives. This is a free program series that is supported by community donations and partners who provide over $100,000 in non cash support in the form of free credits, mentorship and support.$10,000$10,000
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christine Baah NtimPresidentPT$13,500-$13,500
Einstein NtimFinancePT$0--
Efua BentumSecretaryPT$0--
Ekow FynnHrPT$0--
Onam EyramBusiness Development- ProgramsPT$0--
Filing and Contact Details

Filer

Filer Name
Global Startup Foundation Inc
EIN
84-3133968
Phone
3474707669
Address
10 Hudson Yards 48th Floor, New York City, NY 10001

Signing Officer

Name
christine baah ntim
Title
President
Phone
3474707669
Signed
2021-04-12
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“$16,500 received from SBA Loan and Grant”

Form 990-EZ, Part I, Line 10

“Grant Proceeds from GoFund campaign used as cash stipends to Career Accelerator and Remote Internship Program Participants to help with wifi and other access needs.”

Form 990-EZ, Part II, Line 24

“Remote work tech equipment for virtual programs in 2020 includes Mac book laptops, ring lighting, digital cameras, ipads, TV screens for remote program management and solar panel chargers.”

Form 990-EZ, Part II, Line 26

“$13500 SBA Loan”

Raw XML Appendix277 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/PrintingPublicationsPostageAmt03000
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1GSF Career Lab: Future of Work Initiative - Our diversity inclusion career programs for people of color in the USA include a multi week career accelerator training series program followed by remote internship placements and career job fair for post program placement. Training includes skills training on the top 10 on demand skills of the decade, soft skills training, civic leadership, personal branding and positioning, and future tech awareness (IOT, ai, blockchain, VR, nano, space tech, etc). We also include cultural identity and mental health wellness experience. We serve 1000 participants a year with this multi year initiative. This program was funded to begin in 2021.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2GSF Startup Career Accelerators- Every year we host one of the world's largest online startup career accelerator program. This targets entrepreneurs in the SME or startup stage who want to learn the fundamentals of building/scaling their business while managing their career goals and objectives. This is a free program series that is supported by community donations and partners who provide over $100,000 in non cash support in the form of free credits, mentorship and support.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0This section was completed due to the IRS classification of 509 (a) (2). Financial distributions were not made to any supporting organization.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0$16,500 received from SBA Loan and Grant
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Grant Proceeds from GoFund campaign used as cash stipends to Career Accelerator and Remote Internship Program Participants to help with wifi and other access needs.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Remote work tech equipment for virtual programs in 2020 includes Mac book laptops, ring lighting, digital cameras, ipads, TV screens for remote program management and solar panel chargers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3$13500 SBA Loan
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0christine baah ntim
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03474707669
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOBAL STARTUP FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0843133968
ReturnHeader/Filer/PhoneNum03474707669
ReturnHeader/Filer/USAddress/AddressLine1Txt010 Hudson Yards 48th Floor
ReturnHeader/Filer/USAddress/CityNm0New York City
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010001
ReturnHeader/ReturnTs02021-04-12T12:37:47-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings

Displayed year

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

Open filing
Assets
$395
Liabilities
$0
Net assets
$395
Revenue
$107,035
Expenses
$107,035
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.27$0.13$0.14$0.44$0.44$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.27$0.14$0.14$1.72$1.73$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$1.31$0.00$2.37$2.37$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$1.54$1.54$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.07$1.07$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.41$1.41$0.00