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Global Forum for Advanced FY2022 filing

Washington, DCUnknown exempt organization EIN 82-4837909Revenue $214K in FY2022

On file with the IRSglobalfact.org1050 Thomas Jefferson St Nw No 7 · Washington, DC

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The purpose of the organization is to lawfully promote the common business interests of its member organizations with respect to Advanced climate technologies, such as fluorinated compounds, and to conduct any other lawful activities necessary or desirable to achieve the purposes of the corporation to the extent consistent with section 501(c)(6) of the internal revenue code.

Mission: Form 990 Part I, line 1

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $40K a year · 8% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Cash reserves
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3K
3% of total assets
Looks good: liabilities are 3% 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
$214K
-81% vs prior year
Spent
$653K
Net assets
$115K
By yearFY2020–FY2025
Revenue
$214K
FY2022▼ -81%
Tap a bar for its year
Revenue by fiscal year
FY2020$583K
FY2021$1.1M
FY2022$214K
FY2023$697K
FY2024$0
FY2025$0
Expenses
$653K
FY2022▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$782K
FY2021$620K
FY2022$653K
FY2023$642K
FY2024$106K
FY2025Not on file
Net assets
$115K
FY2022▼ -79%
Tap a bar for its year
Net assets by fiscal year
FY2020$63K
FY2021$554K
FY2022$115K
FY2023$170K
FY2024$64K
FY2025$0

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

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

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
David B Calabrese
Secretary/Treasurer
$0Pt VII · Sec A
Peter Sleigh
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Jordan a Smith
Executive Director
$0Pt VII · Sec A
See Global Forum for Advanced 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes business interests in advanced climate technologies like fluorinated compounds.

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Provided by the organization

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1 program · in their own filed words · FY2022
01

Globalfact is a resource for information on the latest news, research, and improvements in advanced climate technologies. We work to support the informed selection and use of these products through: - fostering discussion of the considerations, options, attributes, and usage of a broad range of new-generation, low and reduced GWP…

Pt IX · col B

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$214K
Ln 12
Fees for servicesLn 2g$214K
Money outPt IX
$653K
Ln 25
Owns and owesPt X
$115K
net assets · Ln 32
Cash and savingsLn 1–2$118K
Total assetsLn 16$118K
LiabilitiesLn 26$3K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$214K
Total revenueLn 12$214K
Assets in detailPt X, end of year
CashLn 1$118K
Cash and savings togetherLn 1–2$118K
Total assetsLn 16$118K
LiabilitiesLn 26$3K
Net assetsLn 32$115K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$556K$118K
Total assetsLn 16$556K$118K
LiabilitiesLn 26$2K$3K
Net assetsLn 32$554K$115K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$210K
Legal feesLn 11b$9K
Accounting feesLn 11c$2K
Other fees for servicesLn 11g$424K
Office expensesLn 13$2K
TravelLn 17$1K
InsuranceLn 23$5K
Total functional expensesLn 25$653K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $0$0 990 PDF
FY2024 $0$106K−$106K$64K 990 PDF
FY2023 $697K$642K$55K$170K 990 PDF
FY2022 Viewing $214K$653K−$439K$115K 990 PDF
FY2021 $1.1M$620K$490K$554K 990 PDF
FY2020 $583K$782K−$199K$63K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $213,980 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $1,109,980$213,980
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,109,980$213,980
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $619,930$652,844
I-18 Total expensesPrior year $619,930$652,844
I-19 Revenue less expensesPrior year $490,050−$438,864
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-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $213,980 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $213,980$213,980
VIII-12 Total revenueRelated to mission $213,980 · Unrelated business $0 · Excluded from tax $0$213,980
Part IX · Statement of functional expenses $652,844 across 7 lines filed
IX-11a Management fees$210,120
IX-11b Legal fees$9,244
IX-11c Accounting fees$1,850
IX-11g Other fees for services$423,828
IX-13 Office expenses$1,750
IX-17 Travel$1,491
IX-23 Insurance$4,561
IX-25 Total functional expenses$652,844
Part X · Balance sheet $118,055 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $555,754$118,055
X-16 Total assetsStart of year $555,754$118,055
X-17 Accounts payable and accrued expensesStart of year $2,241$3,406
X-26 Total liabilitiesStart of year $2,241$3,406
X-32 Total net assets or fund balancesStart of year $553,513$114,649
X-33 Total liabilities and net assetsStart of year $555,754$118,055
Part XI · Reconciliation of net assets $114,649 net assets at year end
XI-1 Total revenue$213,980
XI-2 Total expenses$652,844
XI-3 Revenue less expenses−$438,864
XI-4 Net assets at start of year$553,513
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$114,649

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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