GLOBAL 2050 INC

EIN: 931842421 501(c)(3)

OLD LYME, CT

Total Revenue
$303,256
Total Expenses
$78,877
Total Assets
$224,645
Net Assets
$224,379
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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
2023
Legal Domicile
CT
Phone
6467570346
Tax Period
2023-01-01 to 2023-12-31

GLOBAL 2050 INC, founded in 2023, is a small nonprofit that reported $303K in total revenue in fiscal year 2023. The organization ran a surplus of $224K, a strong 74% operating margin.

Mission

PROVIDE FREE ACCESS TO INFORMATIVE AND EDUCATIONAL CONTENT TO DIVERSE POPULATIONS CONCERNING SOLUTIONS FOR BUILDING A LOW-CARBON AND SUSTAINABLE ECONOMY, WITH THE GOAL OF MOTIVATING CREATIVE AND ENTREPRENEURIAL INDIVIDUALS TO TAKE ACTION FOR THE BENEFIT OF THE PLANET.

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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 (2023)

Revenue Breakdown

Contributions & Grants $300,000
Program Service Revenue $0
Investment Income $3,256
Other Revenue $0
TOTAL REVENUE $303,256

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $77,977
Other Expenses $78,877
TOTAL EXPENSES $78,877

Year-over-Year Comparison

2023 2022 Change
Revenue $303,256 N/A N/A
Expenses $78,877 N/A N/A
Net Income $224,379 N/A N/A
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
4
Independent Members
4
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER MCKILLOP CHAIRMAN 20.00
Officer Director
$0 $0 $0
BLAIR PALESE DIRECTOR 10.00
Director
$0 $0 $0
KARI HUSS TREASURER 5.00
Officer Director
$0 $0 $0
BARCLAY PALMER DIRECTOR 5.00
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
2023 $303,256 $78,877 $224,645 $224,379
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