Globalminded
- Assets
- $238.1k
- Revenue
- $444.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-5644464
Organization Overview
Globalminded is located in Denver, CO. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Globalminded 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, Globalminded generated $444.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.3% each year . All expenses for the organization totaled $221.7k during the year ending 12/2021. While expenses have increased by 13.1% per year over the past 7 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
AN INCLUSIVE SUCCESS NETWORK CONNECTING LIMITED RESOURCE STUDENTS, FIRST-GENERATION COLLEGE STUDENTS, AND RETURNING ADULT STUDENTS TO ROLE MODELS, MENTORS, INTERNSHIPS, AND JOBS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS INCLUDE AN ANNUAL GLOBAL EDUCATION CONFERENCE THAT DEMONSTRATES BEST PRACTICES TO INNOVATORS, EDUCATORS & LEGISLATORS TO REVOLUTIONIZE EDUCATION; & SEPARATE STUDENT PROGRAMS. IN 2021, DUE TO COVID-19 RESTRICTIONS, GLOBALMINDED HELD AN ANNUAL VIRTUAL EDUCATION CONFERENCE WITH MORE THAN 300 ATTENDEES. GLOBALMINDED ALSO CONDUCTED POST-SECONDARY STUDENTS EQUITY, STUDENT SUCCESS, AND INSTITUTIONAL TRANSFORMATION STUDY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol J Carter CEO | OfficerTrustee | 40 | $0 |
Bobby King Director | Trustee | 1 | $0 |
Bernard Milano Director Board Chair | Trustee | 2 | $0 |
Rita Sanzgiri Director | Trustee | 1 | $0 |
Terill Glass Director | Trustee | 1 | $0 |
Anthony Newton Director | Trustee | 1 | $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 | $420,144 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $420,144 |
| Total Program Service Revenue | $24,000 |
| 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 | $444,144 |
| 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. | $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 | $10,984 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,491 |
| Advertising and promotion | $27,996 |
| Office expenses | $3,868 |
| Information technology | $40,848 |
| Royalties | $0 |
| Occupancy | $20,408 |
| Travel | $6,792 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,000 |
| Interest | $328 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $405 |
| All other expenses | $7,231 |
| Total functional expenses | $221,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $238,097 |
| 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 | $238,097 |
| 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 | $17,185 |
| Other liabilities | $0 |
| Total liabilities | $17,185 |
| Net assets without donor restrictions | $220,912 |
| 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 | $238,097 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Globalminded has recieved totaling $327,515.
| Awarding Organization | Amount |
|---|---|
El Pomar Foundation Colorado Springs, CO PURPOSE: GENERAL OPERATING SUPPORT | $200,000 |
El Pomar Foundation Colorado Springs, CO PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
The Colorado Health Foundation Denver, CO PURPOSE: GENERAL DONATION TO SUPPORT ORGANIZATION OR PROGRAM | $25,000 |
Sheridan Ross Charitable Foundation Denver, CO PURPOSE: CIVIC | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Classical Academy Colorado Springs, CO | $97,154,437 | $39,391,484 |
Spectrum Healthcare Group Inc Cottonwood, AZ | $17,862,058 | $29,292,227 |
Heritage Hall Oklahoma City, OK | $29,893,924 | $20,863,460 |
United States Deputy Sheriffs Association Inc Wichita, KS | $2,971,599 | $19,654,227 |
Arizona Agribusiness & Equine Center Phoenix, AZ | $41,363,992 | $18,352,142 |
Northwest Christian School Phoenix, AZ | $14,587,608 | $15,711,697 |
Fit Kids Inc Scottsdale, AZ | $27,357,951 | $13,904,484 |
Community Action Partnership Of Mid-Nebraska Kearney, NE | $10,567,482 | $13,526,656 |
Center For Academic Success Sierra Vista, AZ | $18,278,347 | $12,993,576 |
Oklahoma Connections Academy Inc Bartlesville, OK | $2,156,539 | $12,078,246 |
Denver Scholarship Foundation Denver, CO | $33,817,323 | $13,999,484 |
Mccalls Chapel School Inc Ada, OK | $9,915,625 | $11,707,804 |