Globalsf
- Assets
- $216.3k
- Revenue
- $671.5k
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 03/2018
- Data as of
- 06/2021
- EIN
- 82-2776545
Organization Overview
Globalsf is located in San Francisco, CA. The organization was established in 2018. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Globalsf is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Globalsf generated $671.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $800.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF GLOBALSF IS TO BRING TOGETHER KEY STAKEHOLDERS IN THE PUBLIC AND PRIVATE SECTORS TO CREATE SUSTAINABLE ECONOMIC GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVES AS A GATEWAY FOR INNOVATION AND ECONOMIC EXCHANGES BETWEEN THE CITY OF SAN FRANCISCO AND ASIA , LATIN AMERICA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darlene Chiu Bryant Executive Director | Trustee | 40 | $152,100 |
Jon Wright Director | Trustee | 0 | $0 |
Peter Hirshberg Director | Trustee | 0 | $0 |
Wenli Wang Director, Secretary, Treas | Trustee | 0 | $0 |
Jenny Liu Director | Trustee | 0 | $0 |
Name Not Listed Co Chair | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $458,557 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,500 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $671,482 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $366,756 |
| Compensation to disqualified persons | $187,909 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $52,724 |
| Payroll taxes | $45,007 |
| Fees for services: Management | $28,519 |
| Fees for services: Legal | $6,250 |
| Fees for services: Accounting | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $61,719 |
| Advertising and promotion | $26,321 |
| Office expenses | $15,330 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,543 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,147 |
| All other expenses | $0 |
| Total functional expenses | $800,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,974 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $109,828 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $216,290 |
| Accounts payable and accrued expenses | $37,996 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $165,440 |
| Total liabilities | $203,436 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $12,854 |