Global Benefit
Global Benefit shows fluctuating revenues and expenses with no reported officer compensation and minimal assets.
EIN: 20520453 · Laconia, NH · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $275K |
| Total Expenses | $220K |
| Program Spending | 80% |
| Net Assets | $5K |
| Transparency Score | 70/100 |
Is Global Benefit Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Global Benefit directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Global Benefit
Global Benefit (EIN: 20520453) is a nonprofit organization based in Laconia, NH, classified under NTEE code Q33. The organization reported total revenue of $275K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Benefit's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Benefit is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $222K |
| Total Expenses | $220K |
| Surplus / Deficit | +$2K |
| Total Assets | $5K |
| Net Assets | $5K |
| Operating Margin | 0.9% |
| Months of Reserves | 0.2 months |
Financial Health Grade: A
In 2023, Global Benefit reported a surplus of $2K with revenue exceeding expenses, holds 0.2 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Global Benefit's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.9% | -56.2% | +82.0% |
| 2022 | +416.6% | +309.7% | -89.1% |
| 2021 | -0.8% | +173.9% | -56.1% |
| 2020 | +187.9% | +12.4% | +1675.7% |
| 2019 | -8.3% | -62.0% | -70.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Global Benefit with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Global Benefit allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
Global Benefit consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is unusual for an organization with revenues reaching hundreds of thousands of dollars.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Global Benefit's IRS 990 filings:
- Highly volatile revenue and expense trends year-over-year, indicating potential instability.
- Extremely low asset base ($3,960) relative to annual revenue, suggesting limited financial reserves.
- Consistent 0% officer compensation, which, while potentially efficient, could also indicate a lack of transparency regarding leadership compensation or an unsustainable reliance on unpaid labor for an organization of this size.
Strengths
The following positive indicators were identified for Global Benefit:
- Consistently reports zero liabilities, indicating sound debt management.
- No reported officer compensation, suggesting a lean administrative structure or strong volunteer commitment.
- History of 13 IRS 990 filings demonstrates consistent compliance and transparency in reporting.
Frequently Asked Questions about Global Benefit
Is Global Benefit a legitimate charity?
Based on AI analysis of IRS 990 filings, Global Benefit (EIN: 20520453) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Global Benefit spend its money?
Global Benefit directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Global Benefit tax-deductible?
Global Benefit is registered as a tax-exempt nonprofit (EIN: 20520453). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Global Benefit's spending goes to programs?
Global Benefit directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Global Benefit compare to similar nonprofits?
With a transparency score of 70/100 (Good), Global Benefit is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Global Benefit located?
Global Benefit is headquartered in Laconia, New Hampshire and files with the IRS under EIN 20520453. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Global Benefit have?
Global Benefit has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $275K in total revenue.
How does Global Benefit manage its operations and programs without any reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization may rely heavily on volunteer leadership, or that key personnel are compensated through mechanisms not classified as officer compensation on the 990 form, such as contractor fees or through a related entity. This structure could be efficient but warrants further investigation for full transparency.
What is the reason for the significant fluctuations in Global Benefit's annual revenue and expenses?
Global Benefit's revenue has varied widely, from $32,621 in 2019 to $481,271 in 2022, and then down to $222,003 in 2023. This volatility could be due to reliance on specific grants, project-based funding, or unpredictable donation cycles. Understanding the funding model would clarify its financial stability.
Given the low asset base of $3,960, how does Global Benefit ensure its long-term financial stability?
A minimal asset base relative to its operating budget suggests that Global Benefit operates on a 'just-in-time' funding model, with little in the way of reserves. This could make the organization vulnerable to unexpected expenses or funding shortfalls, potentially impacting its ability to sustain programs.
Filing History
IRS 990 filing history for Global Benefit showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Global Benefit's revenue has grown by 112.2%, moving from $105K to $222K. Total assets decreased by 35.2% over the same period, from $7K to $5K. Total functional expenses rose by 79.2%, from $123K to $220K. In its most recent filing year (2023), Global Benefit reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $222K | $220K | $5K | $0 | — | View 990 |
| 2022 | $481K | $502K | $2K | $0 | — | View 990 |
| 2021 | $93K | $122K | $23K | $0 | — | View 990 |
| 2020 | $94K | $45K | $52K | $0 | — | View 990 |
| 2019 | $33K | $40K | $3K | $0 | — | View 990 |
| 2018 | $36K | $105K | $10K | $0 | — | View 990 |
| 2017 | $171K | $99K | $79K | $0 | — | View 990 |
| 2016 | $22K | $25K | $4K | $0 | — | View 990 |
| 2015 | $22K | $29K | $7K | $0 | — | View 990 |
| 2014 | $26K | $26K | $15K | $0 | — | View 990 |
| 2013 | $10K | $7K | $15K | $0 | — | View 990 |
| 2012 | $33K | $28K | $12K | $0 | — | View 990 |
| 2011 | $105K | $123K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $222K, expenses of $220K, and assets of $5K (revenue -53.9% year-over-year).
- 2022: Revenue of $481K, expenses of $502K, and assets of $2K (revenue +416.6% year-over-year).
- 2021: Revenue of $93K, expenses of $122K, and assets of $23K (revenue -0.8% year-over-year).
- 2020: Revenue of $94K, expenses of $45K, and assets of $52K (revenue +187.9% year-over-year).
- 2019: Revenue of $33K, expenses of $40K, and assets of $3K (revenue -8.3% year-over-year).
- 2018: Revenue of $36K, expenses of $105K, and assets of $10K (revenue -79.3% year-over-year).
- 2017: Revenue of $171K, expenses of $99K, and assets of $79K (revenue +673.0% year-over-year).
- 2016: Revenue of $22K, expenses of $25K, and assets of $4K (revenue +3.1% year-over-year).
- 2015: Revenue of $22K, expenses of $29K, and assets of $7K (revenue -16.0% year-over-year).
- 2014: Revenue of $26K, expenses of $26K, and assets of $15K (revenue +149.4% year-over-year).
- 2013: Revenue of $10K, expenses of $7K, and assets of $15K (revenue -69.0% year-over-year).
- 2012: Revenue of $33K, expenses of $28K, and assets of $12K (revenue -68.3% year-over-year).
- 2011: Revenue of $105K, expenses of $123K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Global Benefit:
Data Sources and Methodology
This transparency report for Global Benefit is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.