Global Initiatives
Global Initiatives faces severe financial instability with revenue significantly below expenses in recent years.
EIN: 161501127 · Greenville, DE · NTEE: Q99 · Updated: 2026-03-28
Is Global Initiatives Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Global Initiatives directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Global Initiatives
Global Initiatives (EIN: 161501127) is a nonprofit organization based in Greenville, DE, classified under NTEE code Q99. The organization reported total revenue of $7K and total assets of $30K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Initiatives's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Initiatives is a micro nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -27.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7K |
| Total Expenses | $66K |
| Surplus / Deficit | $-59,321 |
| Total Assets | $30K |
| Total Liabilities | $221 |
| Net Assets | $29K |
| Operating Margin | -885.8% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 5.4 months |
Financial Health Grade: B
In 2023, Global Initiatives reported a deficit of $59K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Global Initiatives's revenue has declined at a compound annual growth rate (CAGR) of -27.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -92.2% | -55.9% | -67.4% |
| 2022 | +7.8% | +599.1% | -40.7% |
| 2021 | +147.4% | -48.3% | +12.8% |
| 2020 | -89.5% | -85.2% | +8.6% |
| 2019 | -19.4% | -40.7% | +24.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1996 |
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 Initiatives with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 30%
- programs: 60%
- fundraising: 10%
According to IRS 990 filings, Global Initiatives allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $59K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, suggesting that the organization's leadership may be entirely volunteer-based, which is commendable for minimizing overhead.
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 Initiatives's IRS 990 filings:
- Significant and persistent operating deficits (e.g., 202312 revenue $6,697 vs. expenses $66,018).
- Drastic decline in annual revenue from $619,705 in 201612 to $6,697 in 202312.
- Substantial decrease in total assets from $235,214 in 201512 to $29,502 in 202312.
- Expenses frequently exceeding revenue over multiple years, indicating unsustainable financial practices.
Strengths
The following positive indicators were identified for Global Initiatives:
- No officer compensation reported, suggesting volunteer leadership and potentially lower administrative overhead in that specific area.
Frequently Asked Questions about Global Initiatives
Is Global Initiatives a legitimate charity?
Based on AI analysis of IRS 990 filings, Global Initiatives (EIN: 161501127) significant concerns. Mission Score: 30/100. 4 red flags identified, 1 strength noted.
How does Global Initiatives spend its money?
Global Initiatives directs 60% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Global Initiatives tax-deductible?
Global Initiatives is registered as a tax-exempt nonprofit (EIN: 161501127). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Global Initiatives financially sustainable?
Based on the IRS 990 data, Global Initiatives appears to be in a precarious financial state. In the latest period (202312), revenue was $6,697 while expenses were $66,018, indicating a significant operating deficit. This trend of expenses far exceeding revenue is observed in multiple recent years, raising serious concerns about its long-term sustainability.
How has Global Initiatives' revenue trended over time?
Global Initiatives' revenue has shown a significant downward trend. It peaked at $619,705 in 201612 and has steadily declined to just $6,697 in 202312, representing a drastic reduction in funding over the past several years.
What is the organization's asset position?
The organization's assets have decreased substantially. From a high of $235,214 in 201512, assets have fallen to $29,502 in 202312, indicating a depletion of financial reserves.
Filing History
IRS 990 filing history for Global Initiatives showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Global Initiatives's revenue has declined by 97.8%, moving from $306K to $7K. Total assets decreased by 71.1% over the same period, from $102K to $30K. Total functional expenses fell by 82.1%, from $368K to $66K. In its most recent filing year (2023), Global Initiatives reported a deficit of $59K, with expenses exceeding revenue. The organization holds $221 in liabilities against $30K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $29K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7K | $66K | $30K | $221 | — | — |
| 2022 | $86K | $150K | $90K | $2K | — | — |
| 2021 | $80K | $21K | $153K | $0 | — | View 990 |
| 2020 | $32K | $41K | $135K | $41K | — | View 990 |
| 2019 | $308K | $280K | $125K | $21K | — | View 990 |
| 2018 | $382K | $472K | $100K | $24K | — | View 990 |
| 2017 | $551K | $484K | $181K | $16K | — | — |
| 2016 | $620K | $744K | $109K | $10K | — | View 990 |
| 2015 | $618K | $510K | $235K | $13K | — | View 990 |
| 2014 | $566K | $702K | $123K | $9K | — | View 990 |
| 2013 | $620K | $430K | $257K | $8K | — | View 990 |
| 2012 | $339K | $374K | $67K | $7K | — | View 990 |
| 2011 | $306K | $368K | $102K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7K, expenses of $66K, and assets of $30K (revenue -92.2% year-over-year).
- 2022: Revenue of $86K, expenses of $150K, and assets of $90K (revenue +7.8% year-over-year).
- 2021: Revenue of $80K, expenses of $21K, and assets of $153K (revenue +147.4% year-over-year).
- 2020: Revenue of $32K, expenses of $41K, and assets of $135K (revenue -89.5% year-over-year).
- 2019: Revenue of $308K, expenses of $280K, and assets of $125K (revenue -19.4% year-over-year).
- 2018: Revenue of $382K, expenses of $472K, and assets of $100K (revenue -30.6% year-over-year).
- 2017: Revenue of $551K, expenses of $484K, and assets of $181K (revenue -11.1% year-over-year).
- 2016: Revenue of $620K, expenses of $744K, and assets of $109K (revenue +0.2% year-over-year).
- 2015: Revenue of $618K, expenses of $510K, and assets of $235K (revenue +9.3% year-over-year).
- 2014: Revenue of $566K, expenses of $702K, and assets of $123K (revenue -8.7% year-over-year).
- 2013: Revenue of $620K, expenses of $430K, and assets of $257K (revenue +82.9% year-over-year).
- 2012: Revenue of $339K, expenses of $374K, and assets of $67K (revenue +10.8% year-over-year).
- 2011: Revenue of $306K, expenses of $368K, and assets of $102K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Global Initiatives:
Data Sources and Methodology
This transparency report for Global Initiatives 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.