Globetops Inc
- Assets
- $23.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 82-4633326
Organization Overview
Globetops Inc is located in Brooklyn, NY. The organization was established in 2018. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Globetops 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, Globetops Inc generated $85.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $66.8k during the year ending 12/2021. While expenses have increased by 6.4% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
GLOBETOPS SHARES UNUSED AND REDUNDANT LAPTOPS WITH PEOPLE IN NEED, ACHIEVING GREATER SOCIAL EQUALITY AND ACCESS TO TECHNOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Morrison President | 6 | $0 | |
Alex Morrison Director | 3 | $0 | |
Ronnie Krensel Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,986 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,986 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $47,388 |
| Professional fees and other payments to independent contractors | $5,943 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $385 |
| Other expenses | $13,064 |
| Total expenses | $66,780 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,092 |
| Other assets | $0 |
| Total assets | $23,189 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,189 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Globetops Inc has recieved totaling $24,641.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $14,641 |
Soze Foundation Brooklyn, NY | | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Good Nation Foundation Inc New York, NY | $2,105,948 | $9,558,970 |
New York Times Neediest Cases Fund New York, NY | $66,331,518 | $11,554,497 |
The M S Hershey Foundation Hershey, PA | $64,689,691 | $17,201,612 |
Enveritas Inc New York, NY | $2,653,436 | $10,002,673 |
Rodef Chesed Brooklyn, NY | $766,824 | $8,077,248 |
Tomchai Torah Beretz Yisrael Inc Monsey, NY | $767,829 | $7,981,285 |
American Friends Of The Royal Foundation Of The Duke And Duchess Newtown, MA | $2,911,496 | $8,616,320 |
Howard S And Deborah Jonas Foundation Inc Newark, NJ | $31,913,606 | $3,298,041 |
Mccourt Foundation Inc Braintree, MA | $29,762,470 | $6,917,849 |
Virgin Unite Usa Inc New York, NY | $4,075,760 | $3,415,307 |
American Friends Of Kohelet Policy Forum Philadelphia, PA | $260,078 | $121,500 |
Englewood Hospital And Medical Center Foundation Inc Englewood, NJ | $99,587,008 | $18,309,140 |