GLOBAL INITIATIVES INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

NANCY NEEDHAM

Phone

2152000636

Tax Period

2023-01-01 to 2023-12-31

GLOBAL INITIATIVES INC, founded in 1996, is a micro nonprofit that reported $7K in total revenue in fiscal year 2023. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $66K exceeded revenue, resulting in a 886% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO DEVELOP GLOBAL EDUCATIONAL PROGRAMS FOR ELEMENTARY & HIGH SCHOOL STUDENTS, AND ADULTS AROUND THE WORLD.

Program Service Accomplishments

Program 1

GLOBAL INITITATIVES, INC., DEVELOPED A CURRICULUM, PASSPORT TO BUSINESS, THAT HAS BEEN TRANSLATED INTO SEVERAL LANGUAGES INCLUDING RUSSIAN. CURRENTLY IT HAS BEEN MODIFIED FOR USE AS AN ON-LINE...

GLOBAL INITITATIVES, INC., DEVELOPED A CURRICULUM, PASSPORT TO BUSINESS, THAT HAS BEEN TRANSLATED INTO SEVERAL LANGUAGES INCLUDING RUSSIAN. CURRENTLY IT HAS BEEN MODIFIED FOR USE AS AN ON-LINE PROGRAM IN AFRICA. USERS, INCLUDING RURAL WOMEN, ARE BASED IN KENYA, NIGERIA, UGANDA AND GHANA.

Program 2

THE GLOBAL TRAVEL AND TOURISM PARTNERSHIP (GTTP) EXPOSES STUDENTS TO CAREER OPPORTUNITIES IN THE TRAVEL & TOURISM INDUSTRY. FROM 1996 TO 2019, GTTP OPERATIONS WERE THE RESPONSIBILITY OF GLOBAL...

THE GLOBAL TRAVEL AND TOURISM PARTNERSHIP (GTTP) EXPOSES STUDENTS TO CAREER OPPORTUNITIES IN THE TRAVEL & TOURISM INDUSTRY. FROM 1996 TO 2019, GTTP OPERATIONS WERE THE RESPONSIBILITY OF GLOBAL INITIATIVES, INC. AS OF JANUARY 2020, THE GTTP IS NOW OPERATED INDEPENDENT OF GLOBAL INITIATIVES, INC. BY THE GTTP ADVISORY BOARD AND THE EXECUTIVE DIRECTOR IN THE UNITED KINGDOM. GLOBAL INITIATIVES, INC. IS PROVIDING TRANSITIONAL SERVICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $36

Other Revenue $6,661

TOTAL REVENUE $6,697

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $66,018

TOTAL EXPENSES $66,018

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,697	$85,850	-0.9%
Expenses	$66,018	$149,752	-0.6%
Net Income	$-59,321	$-63,902	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SIMON BARKER-BENFIELD	CFO	N/A	Officer Director	$0	$0	$0
EDWARD BOYER	DIRECTOR	N/A	Director	$0	$0	$0
PRISCILLA COSTELLO	SECRETARY	N/A	Officer Director	$0	$0	$0
CAMERON DUBES	DIRECTOR	N/A	Director	$0	$0	$0
NANCY NEEDHAM	PRESIDENT	N/A	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$6,697	$66,018	$29,502	$-59,321
2022	$85,850	$149,752	$90,466	$-63,902
2021	$79,638	$21,422	$152,504	$58,216
2020	$32,188	$41,451	$135,219	$-9,263
2019	$307,891	$279,776	$124,517	$28,115
2018	$381,994	$472,020	$99,812	$-90,026