Galilee International Ventures
- Assets
- $10.5k
- Revenue
- $82.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, CA
- Founding
- Data as of
- 12/2023
- EIN
- 92-3522538
Organization Overview
Galilee International Ventures is located in Newark, CA. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Galilee International Ventures 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
OUR MISSION IS TO CATALYZE THE DEVELOPMENT OF HOLISTICALLY BENEFICIAL, ECONOMICALLY SELF-SUSTAINING PROJECTS THROUGHOUT EAST ASIA, CENTRAL ASIA, THE MIDDLE EAST AND NORTH AFRICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACILITATION OF TRANSFORMATIVE EDUCATION AND SMALL BUSINESS ENTERPRISES: THREE EDUCATIONAL ENTERPRISES HAVE BEEN IDENTIFIED AND ARE BEING ENGAGED AS PILOT ENTERPRISES TO BE CONNECTED COLLABORATIVELY WITH THE EMERGING ENTU EDUCATION NETWORK. 12 OTHER SCHOOLS/ENTERPRISES ARE IN THE PIPELINE.
FACILITATION OF REFERENCE TRANSFORMATIONAL ENTERPRISES: 6 CANDIDATE TRANSFORMATIONAL REFERENCE INTERNATIONAL SCHOOLS HAVE BEEN IDENTIFIED AND INTERVIEWED. THE INITIAL REFERENCE SCHOOL IS PLANNED TO BE ESTABLISHED IN EITHER UAE OR EGYPT. ONE KEY CHINESE LEARNING CENTER HAS BEEN IDENTIFIED AS THE INITIAL REFERENCE TRANSFORMATIONAL LEARNING CENTER. ONE HOSPITAL IN THE UAE HAS BEEN IDENTIFIED AS THE INITIAL TRANSFORMATIONAL HEALTH CARE PROVIDER (HOSPITAL).
FACILITAION OF A COLLABORATION FRAMEWORK AND COMMUNITIES: FACILITATED PLANNING MEETINGS BETWEEN 150 CHINESE PARTNERS IN 23 COUNTRIES ACROSS THE SILK ROAD CORRIDOR. 9 OF THOSE PARTNERS AGREED TO A COLLABORATIVE EFFORT/BRAND CALLED ENTU EDUCATION INTERNATIONAL. FACILITATED 6 MEETINGS WITH 8 ARAB PARTNERS FROM 5 MIDDLE EAST/NORTH AFRICAN (MENA) COUNTRIES TO AGREE ON COLLABORATIVE PLAN TO ESTABLISH A NETWORK OF SCHOOLS (REFERENCE SCHOOLS, LEARNING CENTERS AND HOME SCHOOLS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mei Zhang Director | Trustee | 0 | $0 |
George Zhao Director | Trustee | 0 | $0 |
Yangjie Cheng Director | Trustee | 0 | $0 |
Desmond Fu Director | Trustee | 0 | $0 |
Roy Smith CEO | OfficerTrustee | 0 | $0 |
Song Cao Chairman Of Board | OfficerTrustee | 0 | $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 | $82,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,200 |
| 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 | $82,200 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $30,000 |
| 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 | $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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,523 |
| 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 | $71,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,495 |
| 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 | $10,495 |
| 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 | $10,495 |
| 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 | $10,495 |
Grants Awarded
Over the last fiscal year, Galilee International Ventures has awarded $32,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GALILEE INTERNATIONAL US PURPOSE: To support education programs | $10,000 |
TEAM EXPANSION PURPOSE: Facilitate operations Team Expansion GIV | $22,000 |