Global Solace Inc
- Assets
- $134.8k
- Revenue
- $243.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Beallsville, MD
- Founding
- 11/2011
- Data as of
- 12/2021
- EIN
- 27-4400089
Organization Overview
Global Solace Inc is located in Beallsville, MD. The organization was established in 2011. According to its NTEE Classification (D40) the organization is classified as: Veterinary Services, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Solace Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Global Solace Inc generated $243.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.3% each year . All expenses for the organization totaled $192.8k during the year ending 12/2021. While expenses have increased by 15.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
INSTALL SOLAR PV AND RENEWABLE ENERGY SYSTEMS IN THE DEVELOPING WORLD AND UNDERSERVED COMMUNITIES ON SCHOOLS, HEALTH CLINICS AND GOVERNMENT BUILDINGS. ALSO LOCAL NON-PROFIT DONATIONS DUE TO COVID TRAVEL RESTRICTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION OF SOLAR ARRAY ON A HOME BUILT FOR A DISABLED VETERAN THROUGH THE HOMES FOR HEROS NON-PROFIT.
SUPPORTED WOMEN IN SOLAR ENERGY AND TEACHERS IN NICARAGUA.
SUPPORTED CONSTRUCTION OF SOLAR ARRAY ON A SCHOOL IN LEON, HAITI.
DONATIONS TO LOCAL NON-PROFITS AND CHARITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leland Bristol Executive Director | OfficerTrustee | 20 | $0 |
John Reid Treasurer | OfficerTrustee | 0 | $0 |
Robert Cissel Vice President | OfficerTrustee | 0 | $0 |
Kristopher Cates-Bristol Director Of Development | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,461 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,461 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $243,461 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,899 |
| Grants and other assistance to domestic individuals. | $3,005 |
| Grants and other assistance to Foreign Orgs/Individuals | $17,361 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $142,540 |
| Advertising and promotion | $728 |
| Office expenses | $3,746 |
| Information technology | $594 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,445 |
| All other expenses | $5,508 |
| Total functional expenses | $192,826 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $134,757 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $134,757 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $134,757 |
| Total liabilities and net assets/fund balances | $134,757 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Global Solace Inc has recieved totaling $28.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Paws Of Honor Inc Williamsburg, VA | $1,452,902 | $7,932,106 |
Pennsylvania Veterinary Medical Association Hummelstown, PA | $1,132,847 | $1,299,566 |
United Veterinary Services Association Inc Rockville, MD | $752,140 | $633,618 |
Virginia Veterinary Medical Association Incorporated Richmond, VA | $1,151,899 | $507,087 |
A L Shilling Spay & Neuter Inc Mechanicsville, VA | $143,563 | $324,871 |
Maryland Veterinary Medical Association Inc Hershey, PA | $230,742 | $328,367 |
Delaware Veterinary Medical Association Inc Newark, DE | $171,674 | $0 |
Global Solace Inc Beallsville, MD | $134,757 | $243,461 |
Amer Assoc Of Veterinary Clinicians Dr Philip Murdick Oh St Univ Vet H Blacksburg, VA | $4,129,411 | $472,641 |
Pennsylvania Veterinary Foundation Hummelstown, PA | $302,253 | $80,335 |
Association Of Veterinary Biologics Companies Mclean, VA | $169,712 | $0 |
West Virgiana Veterinary Medical Association Incorporated Henrico, VA | $511,893 | $140,835 |