Old Globe Endowment Trust
EIN: 336125358 · San Diego, CA
| Metric | Value |
|---|---|
| Total Revenue | $10.0M |
| Total Expenses | $2.4M |
| Net Assets | $55.5M |
Is Old Globe Endowment Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Old Globe Endowment Trust
Old Globe Endowment Trust (EIN: 336125358) is a nonprofit organization based in San Diego, CA. The organization reported total revenue of $10.0M and total assets of $60.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Old Globe Endowment Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Old Globe Endowment Trust is a large nonprofit that has been operating for 27 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-202,737 |
| Total Assets | $55.5M |
| Net Assets | $55.5M |
| Operating Margin | -9.0% |
| Months of Reserves | 272.7 months |
Financial Health Grade: B
In 2023, Old Globe Endowment Trust reported a deficit of $203K with expenses exceeding revenue, holds 272.7 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2023), Old Globe Endowment Trust's revenue has grown at a compound annual growth rate (CAGR) of 20.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.0% | +123.2% | +9.9% |
| 2022 | -47.8% | +155.9% | -10.6% |
| 2021 | +70.6% | +2.5% | +12.7% |
| 2020 | -94.7% | +15.9% | +10.8% |
| 2019 | +1025.8% | +38.2% | +228.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Old Globe Endowment Trust 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 Old Globe Endowment Trust 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 deficit of $203K, with expenses exceeding revenue.
Frequently Asked Questions about Old Globe Endowment Trust
Is Old Globe Endowment Trust a legitimate charity?
Old Globe Endowment Trust (EIN: 336125358) is a registered tax-exempt nonprofit based in California. It has 14 years of IRS 990 filings on record. Total revenue: $10.0M. No red flags identified. Financial health grade: B.
How does Old Globe Endowment Trust spend its money?
Old Globe Endowment Trust reported $10.0M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Old Globe Endowment Trust tax-deductible?
Old Globe Endowment Trust is registered as a tax-exempt nonprofit (EIN: 336125358). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Old Globe Endowment Trust located?
Old Globe Endowment Trust is headquartered in San Diego, California and files with the IRS under EIN 336125358.
How many years of IRS 990 filings does Old Globe Endowment Trust have?
Old Globe Endowment Trust has 14 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 $10.0M in total revenue.
Filing History
IRS 990 filing history for Old Globe Endowment Trust showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Old Globe Endowment Trust's revenue has grown by 816%, moving from $245K to $2.2M. Total assets increased by 1494.2% over the same period, from $3.5M to $55.5M. Total functional expenses rose by 1080.8%, from $207K to $2.4M. In its most recent filing year (2023), Old Globe Endowment Trust reported a deficit of $203K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.4M | $55.5M | $0 | — | View 990 |
| 2022 | $1.5M | $1.1M | $50.5M | $0 | — | View 990 |
| 2021 | $2.8M | $428K | $56.5M | $0 | — | View 990 |
| 2020 | $1.6M | $417K | $50.1M | $0 | — | View 990 |
| 2019 | $30.6M | $360K | $45.2M | $0 | — | View 990 |
| 2018 | $2.7M | $260K | $13.8M | $0 | — | View 990 |
| 2017 | $711K | $254K | $5.6M | $0 | — | View 990 |
| 2016 | $443K | $436K | $5.3M | $0 | — | View 990 |
| 2015 | $627K | $230K | $5.2M | $0 | — | View 990 |
| 2014 | $623K | $213K | $5.2M | $0 | — | View 990 |
| 2013 | $1.1M | $187K | $5.0M | $0 | — | View 990 |
| 2012 | $248K | $182K | $3.7M | $0 | — | View 990 |
| 2011 | $5K | $0 | $3.5M | $0 | — | View 990 |
| 2011 | $245K | $207K | $3.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.4M, and assets of $55.5M (revenue +54.0% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.1M, and assets of $50.5M (revenue -47.8% year-over-year).
- 2021: Revenue of $2.8M, expenses of $428K, and assets of $56.5M (revenue +70.6% year-over-year).
- 2020: Revenue of $1.6M, expenses of $417K, and assets of $50.1M (revenue -94.7% year-over-year).
- 2019: Revenue of $30.6M, expenses of $360K, and assets of $45.2M (revenue +1025.8% year-over-year).
- 2018: Revenue of $2.7M, expenses of $260K, and assets of $13.8M (revenue +283.0% year-over-year).
- 2017: Revenue of $711K, expenses of $254K, and assets of $5.6M (revenue +60.5% year-over-year).
- 2016: Revenue of $443K, expenses of $436K, and assets of $5.3M (revenue -29.4% year-over-year).
- 2015: Revenue of $627K, expenses of $230K, and assets of $5.2M (revenue +0.6% year-over-year).
- 2014: Revenue of $623K, expenses of $213K, and assets of $5.2M (revenue -41.1% year-over-year).
- 2013: Revenue of $1.1M, expenses of $187K, and assets of $5.0M (revenue +326.1% year-over-year).
- 2012: Revenue of $248K, expenses of $182K, and assets of $3.7M (revenue +4459.5% year-over-year).
- 2011: Revenue of $5K, expenses of $0, and assets of $3.5M (revenue -97.8% year-over-year).
- 2011: Revenue of $245K, expenses of $207K, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Old Globe Endowment Trust:
Data Sources and Methodology
This transparency report for Old Globe Endowment Trust 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.