Civic Intelligence

Global Open Learning And

EIN 88-3584180 • 501(c)3 • Grand Rapids, MI

Profile

Global Open Learning and Development GOLD Preschools aim to re-imagine early childhood education for vulnerable children by implementing BOLD strategies and creating access to quality early childhood education and learning opportunities they need as a foundation for future independence and success.

PO Box 2812Grand Rapids, MI 49501

goldenpreschools.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

Net Margin

95th percentile

75%

Higher net margin than 95% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $98,319 (-100%) from 2022

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $98,319 (-100%) from 2022

Operations
Liabilities / RevenueScore unavailableNet Margin95th percentile

Revenue

Up

$307,942

Up $177,362 (+136%) from 2022

Expenses

Up

$406,261

Up $374,000 (+1159%) from 2022

Net Income

Down

-$98,319

Down $196,638 (-200%) from 2022

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$100K$50K$0Assets 2022: $98,319Net Assets 2022: $98,3192022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KRevenue 2022: $130,580Expenses 2022: $32,261Net Income 2022: $98,3192022Revenue 2023: $307,942Expenses 2023: $406,261Net Income 2023: -$98,3192023

Highlighted filing

2023

Revenue$307,942
Expenses$406,261
Net Income-$98,319
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$307,942
Expenses
$406,261
Net income
-$98,319
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$3.08$4.06$0.98
2022Detailed filing. Detailed filing data is available for this year.$0.98$0.98$1.31$0.32$0.98
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 15, 2024
Return Version
2023v5.0
Gross Receipts
$307,942
Mission and Program Overview

Mission

Global Open Learning and Development (GOLD) Preschools aim to re-imagine early childhood education for vulnerable children by implementing BOLD strategies and creating access to quality early childhood education and learning opportunities they need as a foundation for future independence and success.

Global Open Learning and Development GOLD Preschools aim to re-imagine early childhood education for vulnerable children by implementing BOLD strategies and creating access to quality early childhood education and learning opportunities they need as a foundation for future independence and success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$97,829$0▼ $97,829
Savings and Temporary Cash Investments$490$0▼ $490
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$98,319$0▼ $98,319
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$98,319--
Total Net Assets Fund Balance$98,319$0▼ $98,319
Total Liabilities and Net Assets / Fund Balance$98,319$0▼ $98,319
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Louise FoltzDirector
Kimberly SpencerExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$307,907
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$35
All Other Contributions
$307,907
Change in Net Assets
$-98,319
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$372,431
Other Expenses$33,830
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$131,297$23,169-$154,466
Other Employee Benefits$100,022--$100,022
Other Salaries and Wages$72,500--$72,500
Payroll Taxes$38,627$6,816-$45,443
Fees for Services Accounting$12,000--$12,000
Fees for Services Legal$8,850--$8,850
Advertising$7,850--$7,850
Other Expenses$4,356--$4,356
Office Expenses$774--$774
Total Functional Expenses$376,276$29,985$0$406,261
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Global Open Learning And
EIN
88-3584180
Address
PO Box 2812, Grand Rapids, MI 49501

Signing Officer

Name
Louise Foltz
Title
Director
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Louise Foltz
Formed
2022
Legal Domicile
Mi
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Jaiblai Business Solutions LLC
Address
4177 Nature Trail Dr Se, Grand Rapids, MI 49512
Preparer
John S Jaiblai
Phone
6166179628
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ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 2812
ReturnHeader/Filer/USAddress/CityNm0Grand Rapids
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049501
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0873878910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Jaiblai Business Solutions LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04177 Nature Trail Dr Se
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Grand Rapids
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049512
ReturnHeader/PreparerPersonGrp/PhoneNum06166179628
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John S Jaiblai
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-05-15T18:35:21-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Louise
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Foltz
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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