Quick charity verification for Globalhouse Inc (EIN: 204492691)
Verdict: Globalhouse Inc shows mixed signals
40/100Mission Score
$0Revenue
$0Assets
2Red Flags
2Strengths
Red Flags
Latest reported revenue and assets are $0, contrasting sharply with 2014 figures, suggesting potential inactivity or dissolution.
Extremely low program spending ($0) relative to revenue ($137,000) and asset accumulation ($135,953) in 2014, indicating a lack of direct charitable activity during that period.
Strengths
Strong initial asset accumulation ($135,953) relative to revenue ($137,000) in 2014, indicating good financial management in terms of retaining funds.
No officer compensation reported in 2014, suggesting efficient use of funds by not allocating to executive salaries.
AI Transparency Report
Globalhouse Inc. appears to be a very small, newly established organization based on its single IRS 990 filing from 2014. In that period, it reported $137,000 in revenue and minimal expenses of $1,047, resulting in a significant accumulation of assets totaling $135,953 with no reported liabilities. This suggests a strong initial financial position, primarily focused on asset building rather than immediate program expenditure. The organization's latest revenue and asset figures of $0 indicate either a significant change in operations, a period of dormancy, or that more recent filings are not yet available or were not required due to low activity. Without more recent data, it's difficult to assess current financial health or spending efficiency.