Globalise Inc

Nonprofit profile at a glance

EIN
271502892
IRS 990 coverage
2013–2020
Forms available
Form 990 2020, Form 990-EZ 2012, Form 990-N 2010
Location
Playa Del Rey, CA, USA
Phone
2028579746
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
International Academic Exchange

Official website

Reported finances

Revenue
$579,813
Expenses
$534,756
Assets
$814,525
Liabilities
$90,030

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Roger A Riske (CEO)

Highest reported compensation

  • Roger A Riske (CEO): $25,072 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Operate an educational placement program which selects qualified students from Europe, Asis and the Americas to attend appropriate boarding and day schools in the US. Matches are made between students and schools to provide the best education for the student and to bring the best representative of Europe and Asis to that particular school.

What it reported doing in 2020

Operated an educational placement program which selected qualified students from Europe, Asia and the Americas to attend appropriate boarding and day schools in the United States. Matches were made between students and schools to provide the best education for the student and to bring the best representative of Europe and Asia to that particular school. We hope to reach around the globe and create a better understanding of eastern and western cultures through the education of our youth. Our intent is to expose American, European, and Asian students to the cultures of the world and, as a result, help develop knowledgeable and future world leaders.

Operating model

Revenue model
Earned-program. 93% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 92
  • Accountability: 65
  • Sustainability: 49
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.6%; rating input score 88
  • Program expense ratio: 96.8%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 13th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 7.8%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 1.52; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 48; 48th percentile among comparable filings
  • Officer compensation ratio: 4.7%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: -6.4% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: 9.2% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 19.4% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 87.6% of revenue deployed · 96.8% of spending went to programs
  • Governance: 2 of 3 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $518K in reported program spending
  • Leadership: top reported pay $25K · 3 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 6 filing years from 2013 to 2020
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 45/100.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 48/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.