Global Care Unlimited Inc
Nonprofit profile at a glance
- EIN
- 223716606
- IRS 990-EZ coverage
- 2012–2014
- Forms available
- Form 990-EZ 2014
- Location
- Maplewood, NJ, USA
- Phone
- 2014978675
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $590
- Expenses
- $4,400
- Assets
- $122
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- MARK HYMAN (PRESIDENT)
People named in this filing
- MARK HYMAN (PRESIDENT)
- JULIANA MEEHAN (TREASURER)
- DR RICHARD GALLAGHER (TRUSTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote youth leadership in developing and/or sponsoring global humanitarian service initiatives.
What it reported doing in 2014
Beginning in 2007, global care unlimited kicked off its new multi-year global humanitarian service initiative: the ethiopian school building initiative. The objectives of this initiative are to sponsor construction of a k-grade 12 school in awassa, ethiopia as well as to develop and maintain ongoing connections between the students of awassa and global care. The school will be called the ethio-american friendship school: a global care institution. Global care hopes to sponsor construction of 12-18 classrooms at about 5,000 per classroom. Currently, global care has three chapters in two New Jersey schools: tenafly middle school, tenafly high school and demarest middle school. . Our implementing partner is the ethio-american friendship school founder, yohannes gebregeorgis. Mr. Gebregeorgis is also co-founder of ethiopia reads, an organization that builds libraries in ethopia.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Member-benefit provider. The nonprofit used 86% of its reported program spending for member benefits.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 9
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.5%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -645.8%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 29.7% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: -2.3% per year; rating input score 0; 46th percentile among comparable filings
- Asset growth: 4.5% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 97.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $4K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2012 to 2014
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.