Globaljax Inc

Nonprofit profile at a glance

EIN
593032070
IRS 990-EZ coverage
2011–2024
Forms available
Form 990 2022, Form 990-EZ 2024
Location
Jacksonville, FL, USA
Phone
9418070190
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
International Exchange, N.E.C.

Official website

Reported finances

Revenue
$135,556
Expenses
$104,578
Assets
$83,665
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Andrea Myers (Executive Director)

People named in this filing

  • Andrea Myers (Executive Director)
  • Myriah Morris (Director)
  • Larry Arceneaux (Director)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

GlobalJax, as an affiliate member of the nationwide Global Ties U.S. network, works with the U.S. Department of State, U.S. Embassies, Development Agencies, Academic Institutions and Businesses to address global challenges by helping to connect North Florida with leaders from all around the World.

What it reported doing in 2024

International Visitor Leadership Program: The International Visitor Leadership Program is the oldest and largest public-private partnership in the United States. Conceived in the years following WWII, the International Visitor Leadership Program builds bridges between the leaders of the world's nations to promote cooperation, development, and peace. GlobalJax manages the North Florida portion of this program including Jacksonville, Saint Augustine, Tallahassee, and Gainesville. This program year, 11 programs for 99 international leaders and over 250 local leaders that addressed topics of urgent importance including good governance, port management, economic resilience and disaster preparedness. Though logistics expenses are paid directly, these programs meant at least $57,000 in ground transportation and $55,000 at local hotels.

Operating model

Revenue model
Earned-program. 100% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 82
  • Sustainability: 63
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.9%; rating input score 68
  • Program expense ratio: 88%; rating input score 88

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 22.9%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 0.8; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 10.5%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 1.8% per year; rating input score 100; 36th percentile among comparable filings
  • Revenue growth: 3.6% per year; rating input score 100; 40th percentile among comparable filings
  • Asset growth: 2.7% per year; rating input score 100; 37th percentile among comparable filings

Details

  • Where the money goes: 67.9% of revenue deployed · 88% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $92K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 12 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.