GLOBAL LEADERSHIP ACADEMY INC

EIN: 800297346 501(c)(3) Education

JACKSONVILLE, FL

Total Revenue
$32,348,219
Total Expenses
$32,678,569
Total Assets
$75,917,488
Net Assets
$1,490,121
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
FL
Principal Officer
JOSEPH CHISHOLM
Phone
9045517104
Tax Period
2024-07-01 to 2025-06-30

GLOBAL LEADERSHIP ACADEMY INC, founded in 2008, is a mid-sized nonprofit in the Education sector that reported $32.3M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

THE PURPOSES FOR WHICH THIS CORPORATION IS FORMED ARE EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC AND CONSIST OF THE FOLLOWING: (A) THIS CORPORATION IS FORMED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW. (B) TO AID, SUPPORT, AND ASSIST BY GIFTS, CONTRIBUTIONS, OR OTHERWISE, OTHER CORPORATIONS, COMMUNITY CHESTS, FUNDS AND FOUNDATIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, NO PART OF THE NET EARNINGS OF WHICH INURES TO THE BENEFIT OF ANY PRIVATE SHAREHOLDER OR INDIVIDUAL AND NO SUBSTANTIAL PART OF THE ACTIVITIES OF WHICH IS CARRYING ON PROPAGANDA, OR OTHERWISE ATTEMPTING TO INFLUENCE LEGISLATION. THE SCHOOL RECEIVED A CHARTER FROM THE DUVAL COUNTY PUBLIC SCHOOLS TO OPERATE A PUBLIC CHARTER SCHOOL. IN 2019, THE SCHOOL'S CHARTER CONTRACT WAS RENEWED FOR AN ADDITIONAL FIVE-YEAR TER

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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 $31,628,863
Program Service Revenue $303,429
Investment Income $415,927
Other Revenue $0
TOTAL REVENUE $32,348,219

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,581,570
Fundraising Expenses $0
Program Expenses $25,787,688
Other Expenses $16,096,999
TOTAL EXPENSES $32,678,569

Year-over-Year Comparison

2024 2023 Change
Revenue $32,348,219 $26,392,420 +0.2%
Expenses $32,678,569 $26,734,551 +0.2%
Net Income $-330,350 $-342,131 0.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
203
Volunteers
250

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
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN GALEANI PRINCIPAL 40.00
Highest
$138,429 $4,912 $143,341
LIANNA KNIGHT PRINCIPAL - 40.00
Highest
$137,500 $1,866 $139,366
YAROSLAV BRYCHKA DIRECTOR 5.00
Director
$0 $0 $0
VICTORIA BUDNIK DIRECTOR 5.00
Director
$0 $0 $0
JOSEPH CHISHOLM CEO 40.00
Director
$0 $0 $0
CHERYL HEARN SECRETARY 10.00
Officer Director
$0 $0 $0
LYUDMYLA KOLYESNIK DIRECTOR 5.00
Director
$0 $0 $0
VENIAMIN KUSHNAR TREASURER 10.00
Officer Director
$0 $0 $0
VICTOR SENDETSKY DIRECTOR 5.00
Director
$0 $0 $0
LARRY WILLIAMS CHAIR 15.00
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
2025 $32,348,219 $32,678,569 $75,917,488 $-330,350
2024 No data No data No data No data
2023 $21,479,273 $21,819,743 $53,236,935 $-340,470
2022 $16,215,591 $15,320,943 $28,025,971 $894,648
2021 $15,029,713 $14,883,023 $27,054,831 $146,690
2020 $8,861,082 $9,210,337 $4,772,437 $-349,255
2019 $7,556,947 $7,209,867 $1,815,174 $347,080
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