Globaljax Inc
- Assets
- $25.3k
- Revenue
- $202.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Jacksonville, FL
- Founding
- 03/1991
- Data as of
- 09/2023
- EIN
- 59-3032070
Organization Overview
Globaljax Inc is located in Jacksonville, FL. The organization was established in 1991. According to its NTEE Classification (Q23) the organization is classified as: International Exchange N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2023, Globaljax Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Globaljax 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 09/2023, Globaljax Inc generated $202.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $178.9k during the year ending 09/2023. While expenses have increased by 8.2% per year over the past 8 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
GLOBALJAX, AS AN AFFILIATE MEMBER OF THE NATIONWIDE GLOBAL TIES U.S. NETWORK, WORKS WITH THE U.S. DEPARTMENT OF STATE, U.S. EMBASSIES, DEVELOPMENT AGENCIES, ACADEMIC INSTITUTIONS AND BUSINESSES TO ADDRESS GLOBAL CHALLENGES BY HELPING TO CONNECT NORTH FLORIDA WITH LEADERS FROM ALL AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNATIONAL VISITOR LEADERSHIP PROGRAM: THE INTERNATIONAL VISITOR LEADERSHIP PROGRAM IS THE OLDEST AND LARGEST PUBLIC-PRIVATE PARTNERSHIP IN THE UNITED STATES. CONCEIVED IN THE YEARS FOLLOWING WWII, THE INTERNATIONAL VISITOR LEADERSHIP PROGRAM BUILDS BRIDGES BETWEEN THE LEADERS OF THE WORLD'S NATIONS TO PROMOTE COOPERATION, DEVELOPMENT, AND PEACE. GLOBALJAX MANAGES THE NORTH FLORIDA PORTION OF THIS PROGRAM INCLUDING JACKSONVILLE, SAINT AUGUSTINE, TALLAHASSEE, AND GAINESVILLE. THIS PROGRAM YEAR, 20 PROGRAMS FOR OVER 150 EMERGING LEADERS IN 50+ COUNTRIES THAT ADDRESSED TOPICS OF URGENT IMPORTANCE IN RESPONSE TO THE GLOBAL PANDEMIC INCLUDING PUBLIC HEALTH, PREVENTING GENDER BASED VIOLENCE, DISTANCE LEARNING, AND UNEMPLOYMENT.
IRAQI YOUNG LEADERS EXCHANGE PROGRAM: THE IRAQI YOUNG LEADERS EXCHANGE PROGRAM TAKES PLACE EACH SUMMER IN PARTNERSHIP WITH ONE OF THE UNITED STATES' LEADING GLOBAL EXCHANGE AND DEVELOPMENT AGENCIES, WORLD LEARNING. LAST PROGRAM YEAR, GLOBALJAX HOSTED 14 YOUNG LEADERS, PLUS 3 ADULT MENTORS, FROM EVERY REGION AND DEMOGRAPHIC OF IRAQ FOR A PROGRAM FOCUSED ON BUILDING YOUNG ENTREPRENEURS TO IMPROVE THE UNEMPLOYMENT RATE IN THAT COUNTRY. THE RESULTS ARE A MORE HOPEFUL FUTURE FOR THOSE YOUNG LEADERS, THEIR COMMUNITIES, AND THEIR COUNTRY AND DEEPER ECONOMIC AND DIPLOMATIC TIES TO NORTH FLORIDA.
OPEN WORLD LEADERSHIP PROGRAM: THE OPEN WORLD LEADERSHIP PROGRAM IN NORTH FLORIDA IS THE RESULT OF A DECADES LONG PARTNERSHIP WITH THE OPEN WORLD LEADERSHIP CENTER AT THE LIBRARY OF CONGRESS. THE PROGRAM FOCUSES ON DEVELOPING DEEPER TIES TO THE FORMER SOVIET REGION IN AN ATTEMPT TO DEEPEN DIPLOMATIC AND ECONOMIC TIES. THIS FISCAL YEAR WE WORKED ON PROJECTS FOCUSED ON IMPROVING THE RIGHTS OF WOMEN IN AZERBAIJAN, EDUCATION IN LITHUANIA AND THE TEACHING OF NURSING IN ROMANIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Myers Executive Director | Officer | 15 | $15,330 |
Renee Parenteau Director | Trustee | 1 | $0 |
Myriah Morris Director | Trustee | 1 | $0 |
Larry Arceneaux Director | Trustee | 1 | $0 |
Sel Buyuksarac Chair | Officer | 2 | $0 |
Linda Dave Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,218 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,197 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,415 |
| Total Program Service Revenue | $199,665 |
| Investment income | $34 |
| 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 | $202,114 |
| 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. | $61,115 |
| Compensation of current officers, directors, key employees. | $4,285 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,040 |
| 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 | $18,000 |
| Advertising and promotion | $0 |
| Office expenses | $24,683 |
| Information technology | $2,739 |
| 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 | $2,055 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,131 |
| All other expenses | $58,110 |
| Total functional expenses | $178,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,309 |
| 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 | $25,309 |
| 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 | $25,309 |
| 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 | $25,309 |
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