GLOBAL BUSINESS COALITION FOR EDUCATION INC

EIN: 454960988 501(c)(3) Education

NEW YORK, NY

Total Revenue
$1,788,312
Total Expenses
$1,564,329
Total Assets
$2,229,819
Net Assets
$2,116,105
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
DE
Principal Officer
JUSTIN W VAN FLEET
Phone
2125215451
Tax Period
2024-01-01 to 2024-12-31

GLOBAL BUSINESS COALITION FOR EDUCATION INC, founded in 2012, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 13% surplus.

Mission

TO ENSURE THAT CHILDREN HAVE THE BEST START IN LIFE, A SAFE PLACE TO LEARN, & SKILLS FOR THE FUTURE.

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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 $1,694,204
Program Service Revenue $0
Investment Income $94,108
Other Revenue $0
TOTAL REVENUE $1,788,312

Expense Breakdown

Grants Paid $108,950
Salaries & Benefits $930,175
Fundraising Expenses $36,632
Program Expenses $1,390,442
Other Expenses $525,204
TOTAL EXPENSES $1,564,329

Year-over-Year Comparison

2024 2023 Change
Revenue $1,788,312 $1,280,237 +0.4%
Expenses $1,564,329 $2,055,295 -0.2%
Net Income $223,983 $-775,058 -1.3%
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

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
6
Independent Members
6
Employees
7
Volunteers
6

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
4
$229,954
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTIN W VAN FLEET CEO 35.00
Officer
$202,062 $27,892 $229,954
EMILY FRIEDMAN ASSOCIATE DIRECTOR 35.00
Highest
$162,682 $25,733 $188,415
ANNA SHAKAROVA DIRECTOR 35.00
Highest
$151,381 $11,244 $162,625
SARAH BROWN EXEC. CHAIR, DIRECTOR 6.00
Officer Director
$0 $0 $0
DAVID BOUTCHER SECRETARY, DIRECTOR 6.00
Officer Director
$0 $0 $0
EDWARD ESTRADA TREASURER, DIRECTOR 1.00
Officer Director
$0 $0 $0
LISA BELZBERG DIRECTOR 1.00
Director
$0 $0 $0
JOYCE MALOMBE DIRECTOR 1.00
Director
$0 $0 $0
SHANNON DE BOISSARD DIRECTOR 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
2024 $1,788,312 $1,564,329 $2,229,819 $223,983
2023 $1,280,237 $2,055,295 $2,075,365 $-775,058
2022 $2,335,994 $2,424,846 $2,852,615 $-88,852
2021 $3,104,641 $1,863,988 $2,982,896 $1,240,653
2021 $60,648 $134,810 $2,866,930 $-74,162
2020 $2,546,338 $1,648,174 $1,797,305 $898,164
2019 $1,328,832 $1,152,929 $818,219 $175,903
2019 $1,128,832 $1,127,388 $618,219 $1,444
2018 $605,021 $706,791 $560,418 $-101,770
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