Globeworks International Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 446,940 | 338,096 | 108,844 | 3.8 | 35% |
| 2011 | 312,284 | 305,385 | 6,899 | 4.4 | 38% |
| 2012 | 330,792 | 344,917 | −14,125 | 3.4 | 37% |
| 2013 | 387,650 | 319,083 | 68,567 | 6.3 | 38% |
| 2014 | 451,812 | 382,115 | 69,697 | 7.4 | 35% |
| 2015 | 453,500 | 420,577 | 32,923 | 7.7 | 31% |
| 2016 | 447,044 | 474,697 | −27,653 | 6.1 | 27% |
| 2017 | 563,357 | 546,632 | 16,725 | 5.7 | 18% |
| 2018 | 626,292 | 678,342 | −52,050 | 3.7 | 15% |
| 2019 | 780,070 | 801,044 | −20,974 | 2.8 | 13% |
| 2020 | 756,364 | 653,906 | 102,458 | 5.3 | 14% |
| 2021 | 941,721 | 799,688 | 142,033 | 6.5 | 2% |
| 2022 | 1,246,459 | 1,009,360 | 237,099 | 7.9 | 3% |
| 2023 | 922,968 | 965,706 | −42,738 | 7.8 | 2% |
In its most recent public year (2023), this organization spent $42,738 more than it brought in. Its reserves stood at about 7.8 months of spending, up from 3.8 in 2010. Staff pay was 2% of spending. $283,951 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Globeworks International Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works