Global Running Culture Inc
EIN: 274032106 · Santa Fe, NM · NTEE: T30
| Metric | Value |
|---|---|
| Total Expenses | $931 |
| Net Assets | $12K |
Is Global Running Culture 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 Running Culture Inc
Global Running Culture Inc (EIN: 274032106) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code T30. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Running Culture Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Running Culture Inc is a micro nonprofit that has been operating for 15 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -34.0%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $501 |
| Total Expenses | $931 |
| Surplus / Deficit | $-430 |
| Total Assets | $12K |
| Net Assets | $12K |
| Operating Margin | -85.8% |
| Months of Reserves | 157.7 months |
Financial Health Grade: B
In 2021, Global Running Culture Inc reported a deficit of $430 with expenses exceeding revenue, holds 157.7 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2021), Global Running Culture Inc's revenue has declined at a compound annual growth rate (CAGR) of -34.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +98.0% | -93.7% | -3.4% |
| 2020 | -99.5% | -66.1% | -53.3% |
| 2019 | -29.9% | -16.8% | +4.0% |
| 2018 | +6985.8% | +43.2% | +58.6% |
| 2017 | -98.7% | +2.4% | -63.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Global Running Culture 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 Running Culture 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $430, with expenses exceeding revenue.
Frequently Asked Questions about Global Running Culture Inc
Is Global Running Culture Inc a legitimate charity?
Global Running Culture Inc (EIN: 274032106) is a registered tax-exempt nonprofit based in New Mexico. It has 11 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Global Running Culture Inc spend its money?
Global Running Culture Inc reported its financials in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Global Running Culture Inc tax-deductible?
Global Running Culture Inc is registered as a tax-exempt nonprofit (EIN: 274032106). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Global Running Culture Inc located?
Global Running Culture Inc is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 274032106. It is classified under NTEE code T30.
How many years of IRS 990 filings does Global Running Culture Inc have?
Global Running Culture Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Global Running Culture Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Global Running Culture Inc's revenue has declined by 98.4%, moving from $32K to $501. Total assets increased by 30.1% over the same period, from $9K to $12K. Total functional expenses fell by 95.8%, from $22K to $931. In its most recent filing year (2021), Global Running Culture Inc reported a deficit of $430, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $501 | $931 | $12K | $0 | — | — |
| 2020 | $253 | $15K | $13K | $0 | — | — |
| 2019 | $48K | $43K | $27K | $0 | — | View 990 |
| 2018 | $69K | $52K | $26K | $4K | — | View 990 |
| 2017 | $971 | $36K | $16K | $11K | — | View 990 |
| 2016 | $74K | $36K | $45K | $3K | — | View 990 |
| 2015 | $4K | $0 | $6K | $3K | — | View 990 |
| 2014 | $-17,547 | $0 | $1K | $16K | — | View 990 |
| 2013 | $11K | $10K | $11K | $8K | — | View 990 |
| 2012 | $-4,671 | $3K | $2K | $0 | — | View 990 |
| 2011 | $32K | $22K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $501, expenses of $931, and assets of $12K (revenue +98.0% year-over-year).
- 2020: Revenue of $253, expenses of $15K, and assets of $13K (revenue -99.5% year-over-year).
- 2019: Revenue of $48K, expenses of $43K, and assets of $27K (revenue -29.9% year-over-year).
- 2018: Revenue of $69K, expenses of $52K, and assets of $26K (revenue +6985.8% year-over-year).
- 2017: Revenue of $971, expenses of $36K, and assets of $16K (revenue -98.7% year-over-year).
- 2016: Revenue of $74K, expenses of $36K, and assets of $45K (revenue +1601.6% year-over-year).
- 2015: Revenue of $4K, expenses of $0, and assets of $6K.
- 2014: Revenue of $-17,547, expenses of $0, and assets of $1K (revenue -258.0% year-over-year).
- 2013: Revenue of $11K, expenses of $10K, and assets of $11K.
- 2012: Revenue of $-4,671, expenses of $3K, and assets of $2K (revenue -114.7% year-over-year).
- 2011: Revenue of $32K, expenses of $22K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Global Running Culture Inc:
Data Sources and Methodology
This transparency report for Global Running Culture 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.