Globeworks International INC FY2020 filing

Tax-deductible

Vestavia Hls, AL501(c)(3)ReligionEIN 63-1235001Revenue $756K in FY2020

On file with the IRSglobeworks.org1008 Montgomery Hwy Ste 200, 35216-2836 · Vestavia Hls, ALTax-exempt since Feb 2000Publicly supported charity — 170(b)(1)(A)(vi)

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International missions

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$86K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $138K a year · 13% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$86K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $189K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$756K
Spent
$654K
To programs
96%
Net assets
$288K
By yearFY2020–FY2024
Revenue
$756K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$756K
FY2021$942K
FY2022$1.2M
FY2023$923K
FY2024$1.3M
Expenses
$654K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$654K
FY2021$800K
FY2022$1.0M
FY2023$966K
FY2024$1.1M
Net assets
$288K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$288K
FY2021$430K
FY2022$667K
FY2023$625K
FY2024$878K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2000.

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

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $626K Management & general 4% · $28K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $86K paid to officers and key staff.

Part VII, Section A · reportable compensation
$78,200Pt VII · Sec A
$7,600Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Rev Ben Cohen’s $33K as Director is at the 8th percentile of top reported officer pay among 1636 $1–10M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Rev Dale Cutlip————$78,200
Rev Ben Cohen$32,897$24,000$26,000$18,600$7,600

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Globeworks International INC is a religious organization based in Vestavia Hls, AL.

Questions for Globeworks International INC

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Provided by the organization

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1 program · $626K · in their own filed words · FY2020
01

International ministries

$626Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$756K
Ln 12
Gifts and grantsLn 1h$756K
Investment incomeLn 3$10
Money outPt IX
$654K
Ln 25
Programscol B$626K
Managementcol C$28K
Owns and owesPt X
$288K
net assets · Ln 32
Cash and savingsLn 1–2$288K
Total assetsLn 16$288K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$756K
Investment incomeLn 3$10
Total revenueLn 12$756K
Assets in detailPt X, end of year
CashLn 1$288K
Cash and savings togetherLn 1–2$288K
Total assetsLn 16$288K
LiabilitiesLn 26$0
Net assetsLn 32$288K
OperationsPt I, VI
EmployeesI 52
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$186K$288K
Total assetsLn 16$186K$288K
LiabilitiesLn 26$0$0
Net assetsLn 32$186K$288K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$92K$78K$14K
Pay of disqualified personsLn 6$32K$26K$6K
Payroll taxesLn 10$9K$8K$2K
Office expensesLn 13$23K$20K$2K
OccupancyLn 16$31K$28K$3K
InsuranceLn 23$11K$10K$1K
Other expenses (24a–d)Ln 24$456K$456K
Total functional expensesLn 25$654K$626K$28K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.3M$1.1M$253K$878K 990 PDF
FY2023 $923K$966K−$43K$625K 990 PDF
FY2022 $1.2M$1.0M$237K$667K 990 PDF
FY2021 $942K$800K$142K$430K 990 PDF
FY2020 Viewing $756K$654K$102K$288K 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 (6 parts)
Part I · Summary $756,364 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $779,976$756,354
I-9 Program service revenue$0
I-10 Investment incomePrior year $94$10
I-11 Other revenue$0
I-12 Total revenuePrior year $780,070$756,364
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $154,413$133,233
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $646,631$520,673
I-18 Total expensesPrior year $801,044$653,906
I-19 Revenue less expensesPrior year −$20,974$102,458
Part VI · Governance 5 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $756,364 across 4 lines filed
VIII-1f All other contributions, gifts and grants$756,354
VIII-1h Total contributions, gifts and grants$756,354
VIII-3 Investment incomeRelated to mission $10$10
VIII-12 Total revenueRelated to mission $10$756,364
Part IX · Statement of functional expenses $653,906 across 7 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $78,200 · Management $13,800$92,000
IX-6 Pay of disqualified personsPrograms $25,572 · Management $6,393$31,965
IX-10 Payroll taxesPrograms $7,744 · Management $1,524$9,268
IX-13 Office expensesPrograms $20,253 · Management $2,250$22,503
IX-16 OccupancyPrograms $28,291 · Management $3,144$31,435
IX-23 InsurancePrograms $10,111 · Management $1,124$11,235
IX-24 Other expenses (24a–d)Programs $455,500$455,500
IX-25 Total functional expensesPrograms $625,671 · Management $28,235 · Fundraising $0$653,906
Part X · Balance sheet $288,269 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $185,811$288,269
X-16 Total assetsStart of year $185,811$288,269
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $71,240$95,942
X-28 Net assets with donor restrictionsStart of year $114,571$192,327
X-32 Total net assets or fund balancesStart of year $185,811$288,269
X-33 Total liabilities and net assetsStart of year $185,811$288,269
Part XI · Reconciliation of net assets $288,269 net assets at year end
XI-1 Total revenue$756,364
XI-2 Total expenses$653,906
XI-3 Revenue less expenses$102,458
XI-4 Net assets at start of year$185,811
XI-10 Net assets at end of year$288,269

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

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