Global Inheritance

What it reported doing in 2024

On october 25th, global inheritance, socalren and the los angeles + burbank unified school district (lausd) are inviting students to experience the the energy battle royal at the future green leaders summit at the discovery cube. The summit's mission is to provide more than 1,000 middle school students from southern California with the inspiration and exposure needed to explore future career pathways in sustainability and energy efficiency. All students received "power cards" as they entered the conference, which assigned them to a specific energy source. The renewable energy sources and mc communicated the pros and cons of each power source while professional dancers showed the students original raps + dance moves + representing each energy source. The world's leading renewable energy sources - solar, wind, geothermal, hydrogen, tidal, nuclear, biogas and ethanol - engaged in four, epic head-to-head showdowns. Students quickly learned that every renewable energy source plays a huge role in powering our planet and defeating climate change, and we need to support them all. Global inheritance developed and produced the art of recycling initiative at the coachella music & arts festival (indio, ca) for the program's 20th anniversary inspiring music fans to support a waste free venue and more sustainable festival experience,. Other art of recycling dates including teh, further fest (turin, italy), and stagecoach music festival (indio, ca). Global inheritance redesigned over 160 recycling bins by 80 different artists. The artwork was showcased at special pre-show free events at the festival and donated to schools after the festival to launch recycling and sustainability programs on campus. Global inheritance produced the posted studio and posted studio at the coachella music & arts festival (indio, ca). This interactive art studio encourages event attendees to develop poster concepts around environmental and social issues they feel connected with. These poster concepts are put on display within the studio, and then a handful of posters are selected by a professional artist to redesign. The final redesigns are then placed online for people to download and use in school presentations, wall art and other non-commercial purposes. Supporting the posted studio, global inheritance also produced a speaker series at two different locations onsite.. The posted studio speaker stage is an opportunity to highlight leaders in the climate, social, and environmental education space who want to share their knowledge and inspire coachella attendees over two weekends. The speaker stage is flexible - taking the format that best presents the speaker's content: moderated q/a session, ted talk style presentation, show & tell or interactive workshop. This year's speaker stage included a number of high-profile activists and environmentalists, including jaden smith, leah thomas, maggie baird, anna lunoe, dr. Marcius extavour, sameer gadhia, nasa scientists, cory richards, aidan reilly, robin greenfield, rita kampalath, aditi mayer, kelci zile, chris ruff, rasmus munk and more. Global inheritance organized and produced a public transportation/carpooling initiative to encourage people to leave their cars at home and/or drive with four or more people in their car when traveling to stagecoach music festival and coachella music & arts festival (indio, ca). This campaign inspired people from different social groups/musical tastes to try carpooling, the subway or bus and reconsider how they viewed public transportation and shared rides. Over 10,000 people participated in the program. The organization's launched it's newest program, the posted office at tyler the creator's camp flog gnaw festival. Global inheritance currated a collection of posted cards designed by los angeles area artist. Selected artists designed postcards that represent the idea of keeping los angeles beautiful - highlighting the city's natural beauty, our inspiring citizens, and public green spa

Financial Efficiency

• Mission deployment rate: 84.9%; rating input score 85
• Program expense ratio: 93.1%; rating input score 93
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 25th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 3 of 8 controls in place; rating input score 38
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 8.8%; rating input score 58; 58th percentile among comparable filings
• Total-asset coverage ratio: 0.34; rating input score 18; 18th percentile among comparable filings
• Liabilities to assets ratio: 0.11; rating input score 25; 25th percentile among comparable filings
• Officer compensation ratio: 6.6%; rating input score 32; 32nd percentile among comparable filings

Growth

• Program expense growth: -2.2% per year; rating input score 0; 23rd percentile among comparable filings
• Revenue growth: -6.2% per year; rating input score 0; 9th percentile among comparable filings
• Asset growth: -5.1% per year; rating input score 0; 10th percentile among comparable filings