Global Online Academy
- Assets
- $5.3m
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 12
- Location
- Seattle, WA
- Founding
- 04/2013
- Data as of
- 06/2021
- EIN
- 45-1565078
Organization Overview
Global Online Academy is located in Seattle, WA. The organization was established in 2013. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 06/2021, Global Online Academy employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Online Academy 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 06/2021, Global Online Academy generated $7.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $5.0m during the year ending 06/2021. While expenses have increased by 15.4% 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
REIMAGINES LEARNING TO EMPOWER STUDENTS AND EDUCATORS TO THRIVE IN A GLOBALLY NETWORKED SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBAL ONLINE ACADEMY IS AN ONLINE SCHOOL THAT PARTNERS WITH OTHER PRIVATE SCHOOLS WORLDWIDE. DURING THE FISCAL YEAR ENDING JUNE 30, 2021, THERE WERE 144 MEMBER SCHOOLS AND OVER 2,400 INDIVIDUALS ENROLLED IN ONLINE CLASSES. GLOBAL ONLINE ACADEMY CONNECTS STUDENTS FROM ALL OVER THE WORLD AND ALLOWS THEM TO OFFER THEIR LOCAL PERSPECTIVES ON GLOBAL ISSUES. GLOBAL ONLINE ACADEMY ALSO PROVIDES PROFESSIONAL LEARNING OPPORTUNITIES FOR EDUCATORS TO DESIGN STUDENT-CENTERED LEARNING OPPORTUNITIES UTILIZING ONLINE LEARNING ENVIRONMENTS.
GLOBAL ONLINE ACADEMY OFFERS COURSES THAT ALLOW TEACHERS TO EXPAND THEIR PROFESSIONAL KNOWLEDGE AND TO DEVELOP NEW WAYS OF THINKING ABOUTTHEIR PRACTICE TO MATCH THE MODERN WORLD AND TO PREPARE THEIR STUDENTS FOR A GLOBAL FUTURE. BOTH SYNCHRONOUS AND ASYNCHRONOUS PROGRAMS ARE OFFERED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Nachbar Executive Director | Officer | 40 | $334,890 |
Eric Hudson Director Of Teaching And Learning | 40 | $151,325 | |
Bonnie Lathram Director Of Professional Learning | 40 | $149,846 | |
Jason Cummings Instructional Designer | 40 | $131,605 | |
Lucas Ames Instructional Designer | 40 | $111,969 | |
John Austin Board Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trinet Payroll Services | 6/29/19 | $199,494 |
Lakeside School Shared Services Agreement | 6/29/19 | $376,442 |
Noble And Greenough School Shared Services Agreement | 6/29/19 | $296,829 |
The Dalton School Shared Services Agreement | 6/29/19 | $183,876 |
Episcopal High School Shared Services Agreement | 6/29/19 | $160,060 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $6,995,836 |
| Investment income | $85 |
| 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 | $6,995,921 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $750,419 |
| Compensation of current officers, directors, key employees. | $101,835 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,931,754 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $298,706 |
| Payroll taxes | $141,105 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,002 |
| Fees for services: Accounting | $74,560 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $316,765 |
| Advertising and promotion | $14,890 |
| Office expenses | $72,609 |
| Information technology | $137,091 |
| Royalties | $0 |
| Occupancy | $57,842 |
| Travel | $2,444 |
| 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 | $77,517 |
| Insurance | $4,210 |
| All other expenses | $0 |
| Total functional expenses | $5,031,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,831,951 |
| Savings and temporary cash investments | $3,105,836 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $221,201 |
| 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 | $62,867 |
| Net Land, buildings, and equipment | $6,238 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $37,797 |
| Other assets | $0 |
| Total assets | $5,265,890 |
| Accounts payable and accrued expenses | $311,114 |
| Grants payable | $0 |
| Deferred revenue | $136,936 |
| 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 | $448,050 |
| Net assets without donor restrictions | $4,817,840 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $5,265,890 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Center For Education Results Seattle, WA | $4,292,283 | $3,853,537 |
Global Online Academy Seattle, WA | $5,265,890 | $6,995,921 |
Jubilee Reach Bellevue, WA | $2,991,502 | $5,791,514 |
Washington Interscholastic Activities Association Renton, WA | $6,377,638 | $2,712,424 |
Oak Tree Foundation Inc Forest Grove, OR | $27,615,846 | $2,467,715 |
Communities In Schools Of Federal Way Federal Way, WA | $680,478 | $1,549,594 |
Mecop Inc Albany, OR | $1,636,907 | $815,043 |
Readiness To Learn Langley, WA | $178,642 | $488,837 |
Bend Science Station Bend, OR | $2,529,770 | $492,258 |
Associated Students Of Linfield College McMinnville, OR | $189,568 | $395,411 |
Snohomish Education Foundation Snohomish, WA | $1,773,384 | $615,656 |
Alumni Association Of Western Washington University Bellingham, WA | $5,154,525 | $301,731 |