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Nonprofiteer
← GLOBALMINDED

Form 990 for tax year 2022

Filed by GLOBALMINDED.

Totals

Total revenue
$549,654
Total expenses
$541,999
Contributions and grants received
$30,543
Grants paid
$0
Program service revenue
$519,111
Investment income
$0
Other revenue
$0
Total assets, end of year
$231,778
Total liabilities, end of year
$3,211
Net assets or fund balances, end of year
$228,567
Program services expenses (Part IX)
$284,129
Management and general expenses
$257,870
Fundraising expenses
$0
Program service expenses (Part III)
$284,129

Program services were 52.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $30,543

  • 2a · Program service revenue: Student training

    total $519,111 · related or exempt $519,111

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $1,183 · management and general $1,183

  • 11c · Fees: accounting

    total $28,668 · management and general $28,668

  • 11g · Fees: other

    total $120,331 · management and general $120,331

  • 12 · Advertising and promotion

    total $54,283 · program services $19,909 · management and general $34,374

  • 13 · Office expenses

    total $22,840 · management and general $22,840

  • 14 · Information technology

    total $10,397 · program services $10,397

  • 16 · Occupancy

    total $9,533 · management and general $9,533

  • 17 · Travel

    total $19,101 · program services $3,810 · management and general $15,291

  • 19 · Conferences, conventions and meetings

    total $273,785 · program services $250,013 · management and general $23,772

  • 20 · Interest

    total $1,104 · management and general $1,104

  • 23 · Insurance

    total $247 · management and general $247

  • 24a · Other expenses: Donations

    total $527 · management and general $527

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $238,097 · end of year $231,778

  • 24 · Unsecured notes and loans payable

    beginning of year $17,185 · end of year $3,211

  • 27 · Net assets without donor restrictions

    beginning of year $220,912 · end of year $228,567

Mission and programs · 2022

Mission

An inclusive success network connecting limited resource students, first-generation college students, and returning adult students to role models, mentors, internships, and jobs.

  • Programs include an annual global education conference that demonstrates best practices to innovators, educators & legislators to revolutionize education; & separate student programs. In 2022, a regional conference was held in Atlanta, GA.GlobalMindED also conducted post-secondary students equity, student success, and institutional transformation course for two separate institutions.

    Expenses $284,129

As filed on the 2022 return.

Listed in Part VII

  • Tim Shephard

    Director

    Total calculated
    $0
    Hours/week
    1
  • John Moreno Escobar

    Director

    Total calculated
    $0
    Hours/week
    1
  • Terill Glass

    Director

    Total calculated
    $0
    Hours/week
    1
  • Anthony Newton

    Director

    Total calculated
    $0
    Hours/week
    1
  • Lanze Thompson

    Board Chair

    Total calculated
    $0
    Hours/week
    1
  • Charles Radman

    Director

    Total calculated
    $0
    Hours/week
    1
  • Jaron McKinnie

    Director

    Total calculated
    $0
    Hours/week
    1
  • Jeffrey Vargas

    Secretary

    Total calculated
    $0
    Hours/week
    1
  • Karen Ashworth MacFarlane

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Bernard Milano

    Honary Chair

    Total calculated
    $0
    Hours/week
    1
  • Laura Gent

    Director

    Total calculated
    $0
    Hours/week
    1
  • Kennon Harrison

    Director

    Total calculated
    $0
    Hours/week
    1
  • Paula Hopkins

    Director

    Total calculated
    $0
    Hours/week
    1
  • Carol J Carter

    CEO

    Total calculated
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
6 September 2023
IRS schema version
2022v5.0
Source object
202312519349300911

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