Global Connections To Employment Inc
EIN: 472592811 · Pensacola, FL · NTEE: P80
Is Global Connections To Employment Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Global Connections To Employment Inc
Global Connections To Employment Inc (EIN: 472592811) is a nonprofit organization based in Pensacola, FL, classified under NTEE code P80. The organization reported total revenue of $119.2M and total assets of $58.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Connections To Employment Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Connections To Employment Inc is a major nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $107.2M |
| Total Expenses | $103.5M |
| Surplus / Deficit | +$3.7M |
| Total Assets | $50.9M |
| Total Liabilities | $13.3M |
| Net Assets | $37.6M |
| Operating Margin | 3.4% |
| Debt-to-Asset Ratio | 26.2% |
| Months of Reserves | 5.9 months |
Financial Health Grade: A
In 2023, Global Connections To Employment Inc reported a surplus of $3.7M with revenue exceeding expenses, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 26.2% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.0% | -10.6% | -59.6% |
| 2022 | -39.0% | -38.2% | -4.3% |
| 2021 | +1.7% | +1.1% | -1.8% |
| 2020 | -4.8% | +9.6% | +18.6% |
| 2019 | +9.0% | +7.6% | +44.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Global Connections To Employment Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Global Connections To Employment Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.2%.
Frequently Asked Questions about Global Connections To Employment Inc
Is Global Connections To Employment Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Global Connections To Employment Inc (EIN: 472592811) insufficient data. 0 red flags identified, 0 strengths noted.
How does Global Connections To Employment Inc spend its money?
Detailed spending breakdown data is not yet available for Global Connections To Employment Inc. Check back for updated IRS 990 analysis.
Are donations to Global Connections To Employment Inc tax-deductible?
Global Connections To Employment Inc is registered as a tax-exempt nonprofit (EIN: 472592811). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Global Connections To Employment Inc showing financial trends over 9 years of public records:
Total assets increased by 5094258500% over the same period, from $1 to $50.9M. In its most recent filing year (2023), Global Connections To Employment Inc reported a surplus of $3.7M, with revenue exceeding expenses. The organization holds $13.3M in liabilities against $50.9M in assets (debt-to-asset ratio: 26.2%), resulting in net assets of $37.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $107.2M | $103.5M | $50.9M | $13.3M | — | View 990 |
| 2022 | $119.1M | $115.8M | $126.1M | $9.5M | — | View 990 |
| 2021 | $195.1M | $187.3M | $131.7M | $18.6M | — | View 990 |
| 2020 | $191.9M | $185.3M | $134.1M | $28.6M | — | — |
| 2019 | $201.5M | $169.1M | $113.1M | $14.1M | — | View 990 |
| 2018 | $184.9M | $157.1M | $78.2M | $11.6M | — | View 990 |
| 2017 | $166.9M | $142.2M | $52.4M | $13.5M | — | View 990 |
| 2016 | $111.7M | $97.6M | $26.3M | $12.2M | — | View 990 |
| 2015 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $107.2M, expenses of $103.5M, and assets of $50.9M (revenue -10.0% year-over-year).
- 2022: Revenue of $119.1M, expenses of $115.8M, and assets of $126.1M (revenue -39.0% year-over-year).
- 2021: Revenue of $195.1M, expenses of $187.3M, and assets of $131.7M (revenue +1.7% year-over-year).
- 2020: Revenue of $191.9M, expenses of $185.3M, and assets of $134.1M (revenue -4.8% year-over-year).
- 2019: Revenue of $201.5M, expenses of $169.1M, and assets of $113.1M (revenue +9.0% year-over-year).
- 2018: Revenue of $184.9M, expenses of $157.1M, and assets of $78.2M (revenue +10.8% year-over-year).
- 2017: Revenue of $166.9M, expenses of $142.2M, and assets of $52.4M (revenue +49.4% year-over-year).
- 2016: Revenue of $111.7M, expenses of $97.6M, and assets of $26.3M.
- 2015: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Global Connections To Employment Inc:
Data Sources and Methodology
This transparency report for Global Connections To Employment Inc 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.