Global Leaders Inc
- Assets
- $61.6k
- Revenue
- $295.0k
- Investments
- $0.0
- Employees
- 8
- Location
- Fort Collins, CO
- Founding
- 05/2013
- Data as of
- 12/2023
- EIN
- 45-4279561
Organization Overview
Global Leaders Inc is located in Fort Collins, CO. The organization was established in 2013. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2023, Global Leaders Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Leaders 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 12/2023, Global Leaders Inc generated $295.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $320.3k during the year ending 12/2023. While expenses have increased by 7.1% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
GLOBAL LEADERS GL IS AN ORGANIZATION THAT EMPOWERS STUDENTS TO BECOME LEADERS THROUGH SERVICE LOCALLY AND ABROAD. GL IS A YOUTH LED ORGANIZATION THAT EMPOWERS, CHALLENGES AND TRANSFORMS YOUNG PEOPLE INTO LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENTS SPEND 12 DAYS IN GUATEMALA AS A CULMINATION TO THEIR 9 MONTH LEADERSHIP PROGRAM. THEY STAY WITH HOST FAMILIES, SHARING TRADITIONS, CULTURE AND LANGUAGE. STUDENTS ALSO SPEND TIME ON 4 SERVICE PROJECTS THAT SUBSTANTIALLY BENEFIT THE COMMUNITY. THESE PROJECTS INCLUDE BUILDING CLEAN AND EFFICIENT COOKSTOVES, REFORESTATION, ASSISTING AT A COFFEE COOPERATIVE, AND VOLUNTEERING AT A LOCAL HOSPITAL AND ORPHANAGE.
STUDENTS PARTICIPATE IN A 9 MONTH DOMESTIC LEADERSHIP PROGRAM THAT INCLUDES WEEKLY SERVICE-LEARNING OPPORTUNITIES WITH OTHER LOCAL NON-PROFIT ORGANIZATIONS MONTHLY LEADERSHIP SEMINARS THAT FOCUS ON COMMUNITY ISSUES AND ENGAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyla Worth Program Manager | Officer | 35 | $51,561 |
Skyler Halopoff Program Assistant | Officer | 15 | $25,173 |
Joseph Fontana Executive Director | OfficerTrustee | 25 | $13,001 |
Madison Gile Program Assistant | Officer | 15 | $12,974 |
Zoe Bashkin Program Assistant | Officer | 8 | $5,941 |
Lisa Mahler Relations Manager | Officer | 4 | $2,560 |
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 | $115,260 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,260 |
| Total Program Service Revenue | $128,413 |
| Investment income | $60 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $48,644 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,662 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $295,039 |
| 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. | $112,501 |
| Compensation of current officers, directors, key employees. | $14,101 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,886 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $765 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,067 |
| Advertising and promotion | $3,177 |
| Office expenses | $11,533 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,050 |
| Travel | $595 |
| 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 | $23,743 |
| All other expenses | $20 |
| Total functional expenses | $320,264 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,518 |
| 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 | $2,632 |
| Prepaid expenses and deferred charges | $400 |
| 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 | $61,550 |
| 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 | $2,585 |
| Total liabilities | $2,585 |
| 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 | $58,965 |
| Total liabilities and net assets/fund balances | $61,550 |