Global Alliance For South Carolina is located in Charleston, SC. The organization was established in 2017. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Alliance For South Carolina 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, Global Alliance For South Carolina generated $253.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $311.7k during the year ending 12/2021. 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
GASC FACILITIES COLLABORATIVE RESEARCH PARTNERSHIPS INVOLVING TWO OR MORE COMPANIESOR UNIVERSITIES FROM SOUTH CAROLINA, ISRAEL, OR ESTONIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION MISSION...............................................................GASB WAS FORMED TO STIMULATE BUSINESS, ECONOMIC GROWTH, AND RESEARCH PARTNERSHIPS INVOLVING COMPANIES AND ACADEMIC INSTITUTIONS IN SOUTH CAROLINA, ISRAEL ESTONIA AND OTHER STATES WHERE SIMILAR COLLABORATION OPPORTUNITIES EXIST AS AN INDEPENDENT WAY TO GENERATE ECONOMIC DEVELOPMENT, JOBS AND UNIVERSITY JOINT PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ted Huge Secretary | Trustee | 5 | $0 |
Jonathan Zucker President & CEO | Trustee | 5 | $0 |
Fred Monk Ex Officio Dire | Trustee | 5 | $0 |
Ed Steiner Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $33,000 |
All other contributions, gifts, grants, and similar amounts not included above | $220,710 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $253,710 |
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 | $253,710 |
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 | $308,406 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,500 |
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 | $1,828 |
Information technology | $0 |
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 | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $311,734 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,655 |
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 | $5,655 |
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 | $5,655 |
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 | $5,655 |
Organization Name | Assets | Revenue |
---|---|---|
Agn International-North America Inc Raleigh, NC | $1,835,277 | $2,154,569 |
Primeglobal Inc-North America Duluth, GA | $1,660,738 | $1,878,132 |
International Union Of Elevator Constructors Charlotte, NC | $1,130,910 | $1,104,391 |
International Union Of Elevator Constructors Hillsborough, NC | $257,463 | $552,649 |
Global Alliance For South Carolina Charleston, SC | $5,655 | $253,710 |
Right Of Way International Education Foundation Alpharetta, GA | $1,909,432 | $297,575 |
Marking Device Association International Murrells Inlet, SC | $81,495 | $0 |
International Services Assistance Fund Research Triangle Park, NC | $247,541 | $45,011 |
Bridge International Inc Spartanburg, SC | $417,138 | $62,192 |
Overcoming Light Fort Mill, SC | $14,905 | $0 |
White Harvest Foundation Pawleys Island, SC | $115,556 | $0 |
International Brotherhood Of Electrical Workers Durham, NC | $42,096 | $0 |