Globsec Us Foundation
EIN: 881900529 · Washington, DC · NTEE: Q50
| Metric | Value |
|---|---|
| Total Revenue | $800K |
| Total Expenses | $394K |
| Net Assets | $39K |
Is Globsec Us Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Globsec Us Foundation
Globsec Us Foundation (EIN: 881900529) is a nonprofit organization based in Washington, DC, classified under NTEE code Q50. The organization reported total revenue of $800K and total assets of $530K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Globsec Us Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Globsec Us Foundation is a small nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 300.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $400K |
| Total Expenses | $394K |
| Surplus / Deficit | +$6K |
| Total Assets | $39K |
| Net Assets | $39K |
| Operating Margin | 1.6% |
| Months of Reserves | 1.2 months |
Financial Health Grade: A
In 2023, Globsec Us Foundation reported a surplus of $6K with revenue exceeding expenses, holds 1.2 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2022–2023), Globsec Us Foundation's revenue has grown at a compound annual growth rate (CAGR) of 300.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +300.0% | +484.9% | +19.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Globsec Us Foundation 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 Globsec Us Foundation 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 $6K, with revenue exceeding expenses.
Frequently Asked Questions about Globsec Us Foundation
Is Globsec Us Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Globsec Us Foundation (EIN: 881900529) insufficient data. 0 red flags identified, 0 strengths noted.
How does Globsec Us Foundation spend its money?
Detailed spending breakdown data is not yet available for Globsec Us Foundation. Check back for updated IRS 990 analysis.
Are donations to Globsec Us Foundation tax-deductible?
Globsec Us Foundation is registered as a tax-exempt nonprofit (EIN: 881900529). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Globsec Us Foundation located?
Globsec Us Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 881900529. It is classified under NTEE code Q50.
How many years of IRS 990 filings does Globsec Us Foundation have?
Globsec Us Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $800K in total revenue.
Filing History
IRS 990 filing history for Globsec Us Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Globsec Us Foundation's revenue has grown by 300%, moving from $100K to $400K. Total assets increased by 19.8% over the same period, from $33K to $39K. Total functional expenses rose by 484.9%, from $67K to $394K. In its most recent filing year (2023), Globsec Us Foundation reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $400K | $394K | $39K | $0 | — | View 990 |
| 2022 | $100K | $67K | $33K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Globsec Us Foundation:
Data Sources and Methodology
This transparency report for Globsec Us Foundation 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.