Globemed Nfp
- Assets
- $46.7k
- Revenue
- $250.7k
- Investments
- $0.0
- Employees
- 8
- Location
- Evanston, IL
- Founding
- 03/2003
- Data as of
- 08/2022
- EIN
- 76-0708721
Organization Overview
Globemed Nfp is located in Evanston, IL. The organization was established in 2003. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 08/2022, Globemed Nfp employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Globemed Nfp 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 08/2022, Globemed Nfp generated $250.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $363.5k during the year ending 08/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO STRENGTHEN THE MOVEMENT FOR GLOBAL HEALTH EQUITY BY EMPOWERING STUDENTS AND COMMUNITIES TO WORK TOGETHER TO IMPROVE THE HEALTH OF PEOPLE LIVING IN POVERTY AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBEMED AIMS TO ADVANCE GLOBAL HEALTH EQUITY BY MOBILIZING A COMMUNITY OF STUDENTS AND GRASSROOTS LEADERS TO WORK TOGETHER TO IMPROVE THE HEALTH OF PEOPLE AROUND THE WORLD. GLOBEMED ACCOMPLISHES THIS MISSION BY 1. MATCHING GROUNDBREAKING GRASSROOTS ORGANIZATIONS WITH UNIVERSITY-BASED STUDENT CHAPTERS TO ENHANCE STUDENTS LEADERSHIP DEVELOPMENT THROUGH EXPERIENTIAL LEARNING WITHIN LONG-TERM, ONE-TO-ONE PARTNERSHIPS; 2. PROVIDING ONGOING PARTNERSHIP SUPPORT AND FACILITATION SO THAT STUDENTS AND GRASSROOTS LEADERS CAN WORK TOGETHER MEANINGFULLY AND COLLECTIVELY ADVANCE COMMUNITY-DRIVEN HEALTH PROJECTS; 3. DEVELOPING & TRAINING STUDENTS TO PARTICIPATE IN THE GRASSROOTS ONSITE WORK (GROW) EXPERIENCE, WHICH SUPPORTS 3-5 STUDENTS PER CHAPTER TO INTERN (ON THE GROUND OR IN A RIGOROUS VIRTUAL SETTING) WITH THEIR GRASSROOTS PARTNERS IN ORDER TO DEVELOP A DEEPER UNDERSTANDING OF THEIR PARTNER COMMUNITY & THE FACTORS CONTRIBUTING TO GOOD HEALTH IN THEIR PARTNERS CONTEXT; 4. DESIGNING AND HOSTING AN ANNUAL LEADERSHIP INSTITUTE THAT BUILDS STUDENTS LEADERSHIP SKILLS AND PREPARES THEM TO SUCCESSFULLY MOBILIZE MEMBERS ON THEIR CAMPUS WITHIN THE GLOBEMED MODEL; 5. PROVIDING ONGOING STRENGTHS-BASED COACHING AND CUSTOMIZED SUPPORT FOR STUDENT LEADERS AT EVERY UNIVERSITY-BASED CHAPTER TO ADAPT THE GLOBEMED MODEL TO THEIR CAMPUS CONTEXT AND NAVIGATE THEIR UNIQUE EXPERIENCES; 6. DESIGNING AND HOSTING ONGOING VIRTUAL PROGRAMS TO INCREASE COLLECTIVE LEARNING AND SHARING ACROSS THE GLOBEMED NETWORKS 36 UNIVERSITY-BASED CHAPTERS, 5000+ ALUMNI, AND GRASSROOTS LEADERS IN 15 COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Priya Fremerman Executive Dir. | Officer | 40 | $56,128 |
Brian Hanson President | OfficerTrustee | 2 | $0 |
Dominique Hazzard Secretary | OfficerTrustee | 2 | $0 |
Laura Knisley Treasurer | OfficerTrustee | 2 | $0 |
Tana Chongsuwat Director | Trustee | 1 | $0 |
Anupa Gewali Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $238,802 |
| Investment income | $11 |
| 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 | $250,724 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $20,550 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $56,128 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $207,571 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,928 |
| Payroll taxes | $22,722 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,351 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,917 |
| 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 | $3,840 |
| All other expenses | $0 |
| Total functional expenses | $363,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,455 |
| Savings and temporary cash investments | $27,635 |
| Pledges and grants receivable | $468 |
| Accounts receivable, net | $123 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $46,681 |
| Accounts payable and accrued expenses | $555 |
| 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 | $4,826 |
| Total liabilities | $5,381 |
| Net assets without donor restrictions | $41,300 |
| 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 |
| Total liabilities and net assets/fund balances | $41,300 |