The Globe Academy Inc

EIN: 271366277 501(c)(3) Education

Atlanta, GA

Total Revenue
$20,583,474
Total Expenses
$17,218,448
Total Assets
$46,600,980
Net Assets
$17,594,655
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
GA
Principal Officer
Christi ElliottEarby
Phone
4703554422
Tax Period
2024-07-01 to 2025-06-30

The Globe Academy Inc, founded in 2009, is a mid-sized nonprofit in the Education sector that reported $20.6M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.4M, a strong 16% operating margin.

Mission

Foster global learning opportunities Balanced education of children of all backgrounds World class language immersion education

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $909,587
Program Service Revenue $18,949,623
Investment Income $724,264
Other Revenue $0
TOTAL REVENUE $20,583,474

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,371,955
Fundraising Expenses $12,662
Program Expenses $11,852,532
Other Expenses $4,846,493
TOTAL EXPENSES $17,218,448

Year-over-Year Comparison

2024 2023 Change
Revenue $20,583,474 $18,359,801 +0.1%
Expenses $17,218,448 $15,720,105 +0.1%
Net Income $3,365,026 $2,639,696 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
160
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
3
$363,870
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTI ELLIOTT-EARBY Executive Director 40.00
Officer
$164,266 $33,883 $198,149
ROCHELLE L LOFSTRAND Head of School 40.00
Highest
$141,517 $32,365 $173,882
DENISE CLAYTON-PURVIS CFO 40.00
Officer
$137,236 $28,485 $165,721
CUTIA BLUNT Head of School 0.00
Highest
$126,337 $35,750 $162,087
LILLIAN NORTON Board Chair 1.00
Director
$0 $0 $0
MICHELLE HAYES Vice Chair 1.00
Director
$0 $0 $0
ADRIENNE MCMILLON Treasurer 1.00
Director
$0 $0 $0
BRECK HEIDLBERG Board Member 1.00
Director
$0 $0 $0
DANIELA T GIBNEY Board Member 1.00
Director
$0 $0 $0
HOLLY PORTIER Secretary 1.00
Officer Director
$0 $0 $0
FELFEI SUN Board Member 1.00
Director
$0 $0 $0
JASMIN TANAJA Board Member 1.00
Director
$0 $0 $0
POLLYANNA CASTRO Board Member 1.00
Director
$0 $0 $0
TIFFANY RUSSELL Board Member 1.00
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
2025 $20,583,474 $17,218,448 $46,600,980 $3,365,026
2024 No data No data No data No data
2024 $18,359,801 $15,720,105 $40,430,078 $2,639,696
2023 $15,942,478 $13,620,031 $12,983,813 $2,322,447
2022 $13,522,194 $12,595,560 $13,522,096 $926,634
2021 $12,599,082 $11,213,704 $12,513,811 $1,385,378
2020 $13,265,633 $11,238,489 $12,511,178 $2,027,144
2019 $10,846,321 $9,435,124 $9,337,449 $1,411,197
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