25100 Globe LLC FY2020 filing

Seattle, WAUnknown exempt organizationEIN 27-3441977

Pension benefit organization

Mission: Form 990 Part I, line 1

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $4.5M a year · 100% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Liabilities
$9K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.1M
Spent
$0
Net assets
$121K
By yearFY2020–FY2021
Revenue
$9.1M
FY2020
Revenue by fiscal year
FY2020$9.1M
FY2021−$27K
Expenses
$0
FY2020
Expenses by fiscal year
FY2020$0
FY2021$0
Net assets
$121K
FY2020
Net assets by fiscal year
FY2020$121K
FY2021$4K

From the FY2020 Form 990 (year ending June 2020) · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2021) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See 25100 Globe LLC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

25100 Globe LLC is a nonprofit organization based in Seattle, WA.

Provided by the organization

This section is blank until 25100 Globe LLC claims this page.

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By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$9.1M
Ln 12
Investment incomeLn 3$8.9M
Other incomeLn 4–11$246K
Money outPt IX
$0
Ln 25
Owns and owesPt X
$121K
net assets · Ln 32
Cash and savingsLn 1–2$82K
Total assetsLn 16$130K
LiabilitiesLn 26$9K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$8.9M
Other incomeLn 4–11$246K
Gains on assetsLn 7$8.9M
Total revenueLn 12$9.1M
Assets in detailPt X, end of year
CashLn 1$82K
SavingsLn 2$0
Cash and savings togetherLn 1–2$82K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$130K
LiabilitiesLn 26$9K
Net assetsLn 32$121K
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$165K$82K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$20.3M$0
Total assetsLn 16$20.5M$130K
LiabilitiesLn 26$193K$9K
Net assetsLn 32$20.3M$121K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Total functional expensesLn 25$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest −$27K$0−$27K$4K 990 PDF
FY2020 Viewing $9.1M$0$9.1M$121K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $9,100,308 across 7 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or lossRelated to mission $246,068$246,068
VIII-7 Net gain or loss on sales of assetsExcluded from tax $8,854,240$8,854,240
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $246,068 · Unrelated business $0 · Excluded from tax $8,854,240$9,100,308
Part IX · Statement of functional expenses $0 across 29 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-25 Total functional expenses$0
Part X · Balance sheet $130,177 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $165,382$82,081
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $7,830$48,096
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $10,157$0
X-10c Land, buildings and equipment, netStart of year $20,300,000$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $20,483,369$130,177
X-17 Accounts payable and accrued expensesStart of year $49,106$8,921
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $113,553$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $30,000$0
X-26 Total liabilitiesStart of year $192,659$8,921
X-32 Total net assets or fund balancesStart of year $20,290,710$121,256
X-33 Total liabilities and net assetsStart of year $20,483,369$130,177
Part XI · Reconciliation of net assets $121,256 net assets at year end
XI-1 Total revenue$9,100,308
XI-2 Total expenses$0
XI-3 Revenue less expenses$9,100,308
XI-4 Net assets at start of year$20,290,710
XI-5 Net unrealized gains (losses) on investments−$10,130,952
XI-9 Other changes in net assets−$19,138,810
XI-10 Net assets at end of year$121,256

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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