Global Foundation Inc in Nashville, Tennessee (TN)

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Global Foundation Inc
Employer Identification Number (EIN)621604947
Name of OrganizationGlobal Foundation Inc
AddressPO BOX 58328, Nashville, TN 37205-8328
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Supplying money, goods or services to the poor, Other matters
SubsectionReligious Organization, Charitable Organization
Ruling Date09/1995
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period05/2014
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$26,853
Amount of Income$111,012
Form 990 Revenue Amount$74,605
National Taxonomy of Exempt Entities (NTEE)International, Foreign Affairs and National Security: International Development, Relief Services


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Amount of income in 2014: $111,012 (it was $79,900 in 2013)
Global Foundation Inc: 

 $111,012
Other organizations performing similar types of work: 

 $335,397

Assets in 2014: $26,853 (it was $4,893 in 2013)
This organization: 

 $26,853
Other organizations performing similar types of work: 

 $194,693

Expenses in 2013: $78,196
This organization: 

 $78,196
Other organizations performing similar types of work: 

 $338,563

Income to expenses ratio in 2013: 1.4
Global Foundation Inc: 

 1.4
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2013: 98.5%
This organization: 

 98.5%
Other organizations performing similar types of work: 

 99.4%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$116,018$74,029$77,922
Contributions, gifts, grants, and similar amounts received$111,157$73,156$76,719
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$4,861$873$1,203
Gross income from gaming$0$0$0
Gross income from fundraising events$6,165$873$3,181
Less: direct expenses from gaming and fundraising events$1,304$0$1,978
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$112,859$76,712$78,196
Total net assets$7,823$5,140$4,866
Excess/Deficit for the year$3,159$-2,683$-274
Net assets or fund balances at beginning of year$4,664$7,823$5,140
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$4,866
Balance Sheets
201120122013
Total assets$8,023$5,361$4,893
Total liabilities$200$221$27
Net assets or fund balances$7,823$5,140$4,866
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$431,528
Subtotal Support$431,528
Gifts, grants, contributions, and membership fees received$431,528
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$431,528
Public Support$431,528
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Christian Medical & Dental SocietyPO BOX 7500, Bristol, TN 37621-7500TN1973-09$12,145,438
2A M G InternationalPO BOX 22000, Chattanooga, TN 37422-2000TN1954-03$6,144,296
3International Childrens Heart Foundation80 Monroe Ave Suite G-1, Memphis, TN 38103-2430TN1994-12$5,076,431
4Remote Area Medical2200 Stock Creek Blvd, Rockford, TN 37853-3043TN1986-06$2,446,287
5Hope Unlimited For Children Inc728 E Main St, Jefferson Cty, TN 37760-1733TN1995-10$1,231,233
6Amistad Mission523 3rd Ave S, Nashville, TN 37210-2009TN1990-08$904,162
7Family Life Missions IncPO BOX 78782, Nashville, TN 37207-8782TN1993-02$505,405
8African Christian Schools Foundation IncPO BOX 41120, Nashville, TN 37204-1120TN1960-11$334,027
9Haiti Medical Missions Of Memphis1779 Kirby Parkway Pmb 319, Memphis, TN 38138-3666TN2002-08$292,987
10Mekong Evangelical Mission, Mekong Development & AssistancePO BOX 186, Burns, TN 37029-0186TN1994-10$254,842
11Plenty InternationalPO BOX 394, Summertown, TN 38483-0394TN1975-02$192,732
12International Allied MissionsPo Box 272, Pegram, TN 37143TN1997-09$117,226
13Christian Medical & Dental Society, Christian Medical & Dental AssociationsPo Box 7500, Bristol, TN 37621TN1973-09$0
14Christian Medical & Dental Society, Christian Medical & Dental AssociationsPo Box 7500, Bristol, TN 37621TN1973-09$0
15Christian Medical & Dental Society, Christian Medical & Dental AssociationsPo Box 7500, Bristol, TN 37621TN1973-09$0
16Christian Medical & Dental Society, Christian Medical & Dental AssociationsPo Box 7500, Bristol, TN 37621TN1973-09$0
17Christian Medical & Dental Society, Christian Medical & Dental AssociationsPo Box 7500, Bristol, TN 37621TN1973-09$0
18Christian Medical & Dental Society, Christian Medical & Dental AssociationsPo Box 7500, Bristol, TN 37621TN1973-09$0
19Global Partnership Services Inc1221 Osprey Lane, Knoxville, TN 37922TN2002-06$0
20Healing Wings6220 Hickory Valley Road, Nashville, TN 37205-2647TN1992-01$0
Number of organizations performing similar types of work
Alaska4
Alabama8
Arkansas5
Arizona14
California162
Colorado24
Connecticut13
District of Columbia84
Delaware3
Florida64
Georgia38
Hawaii10
Iowa2
Idaho6
Illinois49
Indiana23
Kansas10
Kentucky13
Louisiana11
Massachusetts39
Maryland45
Maine6
Michigan44
Minnesota35
Missouri13
Mississippi11
Montana2
North Carolina26
North Dakota3
Nebraska2
New Hampshire7
New Jersey36
New Mexico4
Nevada3
New York136
Ohio33
Oklahoma14
Oregon16
Pennsylvania39
Rhode Island3
South Carolina9
South Dakota1
Tennessee24
Texas67
Utah9
Virginia55
Vermont4
Washington59
Wisconsin20
West Virginia3
International18
Total1,329

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