Global Talent Network Foundation
- Assets
- $252.8k
- Revenue
- $750.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- Data as of
- 12/2023
- EIN
- 92-3389695
Organization Overview
Global Talent Network Foundation is located in Baltimore, MD. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Talent Network Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
GTN FOCUSES ON IDENTIFYING AND NURTURING INTELLECTUALLY GIFTED YOUTH, PARTICULARLY FROM DEVELOPING NATIONS, WHO OFTEN LACK OPPORTUNITIES TO REACH THEIR FULL POTENTIAL. THROUGH A TRANSPARENT SELECTION PROCESS, STUDENTS ARE RECOGNIZED FOR THEIR APTITUDE IN MATHEMATICS AND SCIENCE, AND PROVIDED WITH RESOURCES LIKE ONLINE TRAINING, EDUCATIONAL TOOLS, AND ACCESS TO MATHEMATICS COMPETITIONS. THESE PROGRAMS EMPOWER STUDENTS TO DEVELOP CRITICAL THINKING AND PROBLEM-SOLVING SKILLS, POSITIONING THEM TO CONTRIBUTE TO THE SOCIAL AND ECONOMIC GROWTH OF THEIR COMMUNITIES. GTN'S OPERATIONS ARE PRIMARILY BASED IN BALTIMORE, MD, WITH GLOBAL OUTREACH FUNDED BY PHILANTHROPIC CONTRIBUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STAR PROGRAM - THE STAR PROGRAM PROVIDES MATH TRAINING TO HIGH SCHOOL STUDENTS IN DEVELOPING COUNTRIES, WHO WANT TO PARTICIPATE IN INTERNATIONAL MATH OLYMPIADS.
NATIONS PROGRAM - THE NATIONS PROGRAM PROVIDES FUNDING TO ORGANIZATIONS THAT CREATE LEARNING SPACES IN STEM.
EXCL PROGRAM - THE EXCL PROGRAM PROVIDES MATH AND COACHING TRAINING TO COACHES FOR THE MATH OLYMPIADS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruchir Agarwal President, Secretary | OfficerTrustee | 30 | $0 |
Patrick Gaule Treasurer | OfficerTrustee | 30 | $0 |
Josh Taylor Board Member | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $750,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $750,000 |
| 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 | $750,000 |
| 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 | $61,134 |
| 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 | $0 |
| Fees for services: Legal | $4,814 |
| Fees for services: Accounting | $2,373 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,966 |
| Advertising and promotion | $0 |
| Office expenses | $2,575 |
| Information technology | $1,918 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,503 |
| 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 | $495,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $252,808 |
| 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 | $252,808 |
| 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 | $252,808 |
| 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 | $252,808 |