House Of Globalization Inc
- Assets
- $19.9k
- Revenue
- $206.4k
- Investments
- $0.0
- Employees
- 6
- Location
- Atlanta, GA
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 81-3579721
Organization Overview
House Of Globalization Inc is located in Atlanta, GA. The organization was established in 2017. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 12/2021, House Of Globalization Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. House Of Globalization 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 12/2021, House Of Globalization Inc generated $206.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $204.3k during the year ending 12/2021. While expenses have increased by 23.5% per year over the past 4 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vivian Stevenson Executive Director | Officer | 40 | $19,000 |
Roy Lee Chairman Of The Board | Officer | 0 | $0 |
Kweku Lumumba Treasurer | Officer | 0 | $0 |
Maryam Mohamad Secretary | Officer | 0 | $0 |
Alawode Oladele Board Member Project Consul | Trustee | 0 | $0 |
Khadizeth Toure-Samba Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $157,738 |
| All other contributions, gifts, grants, and similar amounts not included above | $48,632 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $206,370 |
| Total Program Service Revenue | $0 |
| 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 | $206,370 |
| 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. | $19,000 |
| Compensation of current officers, directors, key employees. | $19,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,326 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,008 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,978 |
| 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 | $1,927 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $445 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,111 |
| Insurance | $2,167 |
| All other expenses | $2,531 |
| Total functional expenses | $204,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $19,925 |
| Total assets | $19,925 |
| Accounts payable and accrued expenses | $16,700 |
| 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 | $75,667 |
| Total liabilities | $92,367 |
| Net assets without donor restrictions | -$72,442 |
| 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 | $19,925 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that House Of Globalization Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
American Woodmark Foundation Inc Winchester, VA PURPOSE: SUPPORT THE PROGRAMS AND RESOURCES FOR DOMESTIC ABUSE AND SEXUAL ASSAULT VICTIMS | $500 |
American Woodmark Foundation Inc Winchester, VA PURPOSE: SUPPORT THE PROGRAMS AND RESOURCES FOR DOMESTIC ABUSE AND SEXUAL ASSAULT VICTIMS | $500 |
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Elderhaus Incorporated Wilmington, NC | $1,860,675 | $10,835,875 |
Palmetto Health Council Inc Palmetto, GA | $16,262,807 | $12,244,139 |
Chota Community Health Services Madisonville, TN | $17,550,852 | $15,242,557 |
The Camellia Foundation Inc Memphis, TN | $1,181,110 | $5,773,841 |
Council Of Interstate Testing Agencies Inc Sanford, NC | $995,933 | $3,546,764 |