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Nonprofiteer
← GLOBAL LINK INTERNATIONAL

Form 990 for tax year 2024

Filed by GLOBAL LINK INTERNATIONAL.

Totals

Total revenue
$1,429,788
Total expenses
$1,429,788
Contributions and grants received
$1,354,914
Grants paid
$44,412
Program service revenue
$0
Investment income
$74,874
Other revenue
$0
Total assets, end of year
$6,348,028
Total liabilities, end of year
$6,348,028
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$833,650
Management and general expenses
$596,138
Fundraising expenses
$0
Program service expenses (Part III)
$833,650

Program services were 58.3% 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.

  • 1e · Government grants (contributions)

    $1,354,914

  • 3 · Investment income

    total $74,874 · related or exempt $74,874

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $44,412 · program services $44,412

  • 5 · Compensation of officers, directors and key employees

    total $567,083 · program services $396,958 · management and general $170,125

  • 7 · Other salaries and wages

    total $183,333 · program services $165,000 · management and general $18,333

  • 9 · Other employee benefits

    total $59,347 · program services $41,543 · management and general $17,804

  • 10 · Payroll taxes

    total $26,577 · program services $18,604 · management and general $7,973

  • 11b · Fees: legal

    total $437,334 · program services $131,200 · management and general $306,134

  • 11c · Fees: accounting

    total $57,787 · program services $5,779 · management and general $52,008

  • 12 · Advertising and promotion

    total $369 · program services $369

  • 13 · Office expenses

    total $8,366 · program services $4,183 · management and general $4,183

  • 14 · Information technology

    total $25,838 · program services $18,087 · management and general $7,751

  • 16 · Occupancy

    total $6,974 · program services $697 · management and general $6,277

  • 17 · Travel

    total $1,661 · program services $1,661

  • 20 · Interest

    total $181 · management and general $181

  • 24a · Other expenses: Payroll Processing

    total $3,814 · program services $1,907 · management and general $1,907

  • 24b · Other expenses: Dues

    total $3,772 · program services $1,886 · management and general $1,886

  • 24c · Other expenses: Bank Fees

    total $1,576 · program services $0 · management and general $1,576

  • 24d · Other expenses: Meals

    total $1,364 · program services $1,364

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $235,720 · end of year $297,682

  • 2 · Savings and temporary cash investments

    beginning of year $7,094,854 · end of year $6,045,048

  • 9 · Prepaid expenses and deferred charges

    end of year $5,298

  • 17 · Accounts payable and accrued expenses

    end of year $4,598

  • 19 · Deferred revenue

    beginning of year $7,330,574 · end of year $6,343,430

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

See Schedule OGlobal Link International's mission is to accelerate business development in Michigan by attracting top international entrepreneurs to establish their businesses or co-locate in Michigan. Global Link International will direct its attention to activities in the niche area of next-generation technology-focused industries, including medical services and equipment, agricultural, engineering, design and development.

Activities or mission (Part I)

See Schedule O

  • In this reporting period Global Link International launched and is focusing its activities on establishment and developing its programs.

    Expenses $833,650 · Grants $44,412 · Revenue $1,354,914

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Fay Beydoun

    President & CEO

    Total calculated
    $567,083
    From this org
    $567,083
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $567,083
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $567,083

  • Raja Noureddine

    Director/Officer

    Total calculated
    $0
    Hours/week
    2

  • Gita Sohizad

    Director/Officer

    Total calculated
    $0
    Hours/week
    2

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
4 June 2026
IRS schema version
2024v5.5
Source object
202601869349300050

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