BETA

THEIRWORLD USA INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
THEIRWORLD USA INC (EIN 45-4960988)
Tax period
2014-12-01 to 2015-11-30
Filed
2016-04-15
IRS object ID
201611069349300761
Schema version
2014v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-04-15T11:43:15-05:00ReturnTs
Tax Period End2015-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN541498950PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RENNER AND COMPANY CPA PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1700 NORTH FAIRFAX ST SUITE 400AddressLine1Txt
CityALEXANDRIACityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN454960988EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GLOBAL BUSINESS COALITION FOR EDUCATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGLOBBusinessNameControlTxt
Phone2031162735PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1599 LEXINGTON AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSARAH BROWNPersonNm
Person TitleDIRECTOR-EDUCATIONPersonTitleTxt
Phone2031162735PhoneNum
Signature2016-04-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCATHERINE M PENNINGTON CPAPreparerPersonNm
PTINP00138382PTIN
Phone7035351200PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDAVID BOUTCHERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1599 LEXINGTON AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,061,639GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.GBC-EDUCATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionTO ENGAGE THE PRIVATE SECTOR IN THE WORLD'S MOST PRESSING GLOBAL EDUCATION ISSUESActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee11TotalEmployeeCnt
Total Volunteers3TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,188,449PYContributionsGrantsAmt
CY Contributions Grants$229,461CYContributionsGrantsAmt
PY Program Service Revenue$907,651PYProgramServiceRevenueAmt
CY Program Service Revenue$832,178CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,096,100PYTotalRevenueAmt
CY Total Revenue$1,061,639CYTotalRevenueAmt
PY Grants And Similar Paid$75,545PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$5,615CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$633,673PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$842,696CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$26,754CYTotalFundraisingExpenseAmt
PY Other Expenses$515,625PYOtherExpensesAmt
CY Other Expenses$536,685CYOtherExpensesAmt
PY Total Expenses$1,224,843PYTotalExpensesAmt
CY Total Expenses$1,384,996CYTotalExpensesAmt
PY Revenues Less Expenses$871,257PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$323,357CYRevenuesLessExpensesAmt
Total Assets BOY$1,421,357TotalAssetsBOYAmt
Total Assets EOY$1,037,979TotalAssetsEOYAmt
Total Liabilities BOY$220,299TotalLiabilitiesBOYAmt
Total Liabilities EOY$160,278TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,201,058NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$877,701NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE PURPOSE OF THE ORGANIZATION IS TO ENGAGE THE PRIVATE SECTOR IN THE WORLD'S MOST PRESSING GLOBAL EDUCATION ISSUES. THE OVERALL MISSION IS EDUCATION FOR ALL THE WORLD'S CHILDREN. PROGRAMS ARE FUNDED THROUGH DONATIONS, GRANTS AND DUES FROM MEMBER COMPANIES AND OTHERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,269,975ExpenseAmt
Grant$5,615GrantAmt
DescPROGRAM SERVICES -BY JOINING GBC-EDUCATION, COMPANIES BECOME PART OF A GLOBAL MOVEMENT OF BUSINESSES COMMITTED TO CHANGING CHILDRENS LIVES THROUGH EDUCATION.A BUSINESS-LED, ACTION-ORIENTED ORGANIZATION, GBC-EDUCATION FOCUSES ON FOUR CORE FUNCTIONS: CONNECT, COOPERATE, SHOWCASE AND DISCOVER.CONNECT: WHILE MANY COMPANIES ALREADY ENGAGE IN EDUCATION THROUGH PHILANTHROPIC OR SOCIAL INVESTMENT PROGRAMS, THESE ACTIONS REQUIRE COORDINATION TO HAVE GREATER IMPACT. GBC-EDUCATION'S FORUM INCREASES COMPANIES' EFFECTIVENESS BY CREATING "MEMBERS-ONLY" SPACES FOR COMPANY LEADERS TO CONNECT AND IDENTIFY CUTTING-EDGE OPPORTUNITIES FORDesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICE ACCOMPLISHMENTS: COLLABORATION. WE WORK WITH OUR MEMBERS TO LEVERAGE ECONOMIES OF SCALE. COOPERATE: IN ADDITION TO CONNECTING COMPANIES, WE CREATE AVENUES FOR COOPERATION WITH GOVERNMENTS, BILATERAL AND MULTILATERAL AGENCIES,FOUNDATIONS AND CIVIL SOCIETY ORGANIZATIONS. WE CONNECT MEMBERS WITHHIGH-LEVEL POLICYMAKERS TO ADVOCATE FOR QUALITY EDUCATION AND LEARNINGAND EXPOSE COMPANIES TO THE LATEST INITIATIVES BEING SPEARHEADED BY EDUCATION ORGANIZATIONS AROUND THE WORLD.SHOWCASE: WE SHOW THAT BUSINESS IS AN ACTIVE PARTNER IN EDUCATING THEWORLD'S CHILDREN AND YOUTH. GBC-EDUCATION HIGHLIGHTS ITS MEMBERS' WORK AND THEIR THOUGHT LEADERSHIP TO LARGE INTERNATIONAL AUDIENCES TO COMMUNICATE THE IMPORTANCE OF GETTING INVOLVED IN EDUCATION AND TO INSPIRE OTHERS TO ACTION.DISCOVER: WE FACILITATE RESEARCH PROJECTS THAT IDENTIFY OPPORTUNITIESFOR EFFECTIVE INVESTMENTS IN EDUCATION AND ESTABLISH BEST PRACTICES TOGUIDE CORPORATE EFFORTS, SEEKING TO BRING REAL EDUCATIONAL OUTCOMES FORCHILDREN AND YOUTH.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,269,975TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee11EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2031162735PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1599 LEXINGTON AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
SARAH BROWN
CHAIR OF THE BOARD OF DIRECTORS6.00Yes (X)Yes (X)$0$0$0
DAVID BOUTCHER
SECRETARY OF THE BOARD OF DIRECTORS6.00Yes (X)Yes (X)$0$0$0
EDWARD ESTRADA
BOARD MEMBER1.00Yes (X)$0$0$0
KOLLEEN M BOUCHANE
GBC-EDUCATION DIRECTOR OF ADVOCACY40.00$118,450$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$118,450TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THEIRWORLDBusinessNameLine1Txt

Contractor Address ContractorAddress

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1THE BROADGATE TOWER 20 PRIMROSE STAddressLine1Txt
CityLONDONCityNm
CountryUKCountryCd
FieldValueIRS element (for citing)
ServicesMANAGEMENT AND ADMINISTRATIONServicesDesc
Compensation$103,645CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$229,461AllOtherContributionsAmt
Total Contributions$229,461TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMEMBERSHIPSDesc
Business900099BusinessCd
Total Revenue Column$832,178TotalRevenueColumnAmt
Related Or Exempt Func Income$832,178RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$832,178TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,061,639TotalRevenueColumnAmt
Related Or Exempt Func Income$832,178RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,513TotalAmt
Program Services$1,513ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$4,102TotalAmt
Program Services$4,102ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$778,814TotalAmt
Program Services$778,814ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$63,882TotalAmt
Program Services$63,882ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$103,645TotalAmt
Program Services$62,446ProgramServicesAmt
Management And General$41,199ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$33,300TotalAmt
Management And General$33,300ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$258,342TotalAmt
Program Services$257,842ProgramServicesAmt
Fundraising$500FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,712TotalAmt
Management And General$1,712ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$10,824TotalAmt
Program Services$3,310ProgramServicesAmt
Management And General$7,514ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$52,103TotalAmt
Program Services$46,924ProgramServicesAmt
Management And General$1,790ManagementAndGeneralAmt
Fundraising$3,389FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$56,719TotalAmt
Program Services$35,244ProgramServicesAmt
Management And General$1,298ManagementAndGeneralAmt
Fundraising$20,177FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,884TotalAmt
Program Services$1,094ProgramServicesAmt
Management And General$60ManagementAndGeneralAmt
Fundraising$730FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FOOD AND MEALS$4,570$4,570
PRINTING$3,826$3,514$312
SUPPLIES$3,235$3,061$121$53
MISCELLANEOUS$2,747$2,150$597

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,778TotalAmt
Program Services$1,509ProgramServicesAmt
Management And General$364ManagementAndGeneralAmt
Fundraising$1,905FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,384,996TotalAmt
Program Services$1,269,975ProgramServicesAmt
Management And General$88,267ManagementAndGeneralAmt
Fundraising$26,754FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$821,357BOYAmt
EOY$599,979EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$600,000BOYAmt
EOY$348,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$90,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,421,357BOYAmt
EOY$1,037,979EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$52,897BOYAmt
EOY$40,054EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$167,402BOYAmt
EOY$120,224EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$220,299BOYAmt
EOY$160,278EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$291,809BOYAmt
EOY$406,918EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$909,249BOYAmt
EOY$470,783EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,201,058BOYAmt
EOY$877,701EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,421,357BOYAmt
EOY$1,037,979EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$323,357ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$129,414CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$336,400CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,188,449CurrentTaxYearMinus1YearAmt
Current Tax Year$229,461CurrentTaxYearAmt
Total$1,883,724TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$129,414CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$336,400CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,188,449CurrentTaxYearMinus1YearAmt
Current Tax Year$229,461CurrentTaxYearAmt
Total$1,883,724TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,396,827SubstantialContributorsTotAmt
Public Support Total170$486,897PublicSupportTotal170Amt
Total Support$1,883,724TotalSupportAmt
Gross Receipts Rltd Activities$2,775,362GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$909,249BeginningYearBalanceAmt
Contributions$198,897ContributionsAmt
Other Expenditures$637,363OtherExpendituresAmt
End Year Balance$470,783EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$115,733BeginningYearBalanceAmt
Contributions$1,146,230ContributionsAmt
Other Expenditures$352,714OtherExpendituresAmt
End Year Balance$909,249EndYearBalanceAmt
FieldValueIRS element (for citing)
Term Endowment Balance EOY1.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE ENDOWMENT FUNDS ARE INTENDED TO FURTHER THE OPERATIONS OF THE ORGANIZATION.
PART X, LINE 2:IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES, WHICH CLARIFIED THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, GBC-EDUCATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS. NO INTEREST OR PENALTIES HAVE BEEN RECORDED AS A RESULT OF TAX UNCERTAINTIES. THE TAX YEARS ENDING NOVEMBER 30, 2012, 2013 AND 2014 REMAIN OPEN TO EXAMINATION BY TAX JURISDICTIONS TO WHICH GBC-EDUCATION IS SUBJECT.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
EUROPE02ADMINISTRATIVE SUPPORT TO PROGRAMS$186,253
SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO,01PROGRAM SUPPORT$4,000PROGRAM SUPPORT
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees3SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee3TotalEmployeeCnt
Subtotal Spent$190,253SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$190,253TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationUSED APPLICATIONS AND SUBSEQUENT REPORTING TO MONITOR ACTIVITIESExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VITHE ORGANIZATION HAS NO COMPENSATION POLICIES AS IT DOES NOT COMPENSATE ITS TOP EXECUTIVE, ITS OFFICERS OR KEY EMPLOYEES.
FORM 990, PART VI, SECTION A, LINE 3MOST OF THE MANAGEMENT ACTIVITIES ARE PERFORMED BY THEIRWORLD, A RELATED ORGANIZATION.
FORM 990, PART VI, SECTION A, LINE 8BTHE GOVERNING BODY DID NOT HAVE ANY COMMITTEES AS OF 11/30/15.
FORM 990, PART VI, SECTION B, LINE 11PRIOR TO FILING, FORM 990 IS DISTRIBUTED TO THE GOVERNING BOARD FOR REVIEW.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION PERIODICALLY TAKES ACTION TO MONITOR COMPLIANCE OF ALL EMPLOYEES WITH THE CONFLICTS OF INTEREST POLICY. THIS IS DONE THROUGH AN EMAIL TO ALL EMPLOYEES SETTING FORTH THE POLICY AND ASKING EMPLOYEES TO REPORT ANY CONFLICTS OF INTEREST THAT VIOLATE THE POLICY.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION DOES NOT GENERALLY MAKE ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO PUBLIC, BUT WILL PROVIDE THEM TO PARTIES ON AN AS NEEDED BASIS.
FORM 990, PART IX, LINE 11GCONSULTING FEES: PROGRAM SERVICE EXPENSES 257,842. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 500. TOTAL EXPENSES 258,342.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION DOES NOT HAVE A COMMITTEE, HOWEVER THE BOARD REVIEWS AND APPROVES THE COMPILED FINANCIAL STATEMENTS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THEIRWORLDBusinessNameLine1Txt

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1BROADGATE TOWER 20 PRIMROSE STREETAddressLine1Txt
CityLONDONCityNm
CountryUKCountryCd
FieldValueIRS element (for citing)
Primary ActivitiesEDUCATIONAL MISSION SIMILAR TO THE US ORGANIZATIONPrimaryActivitiesTxt
Legal Domicile Foreign CountryUKLegalDomicileForeignCountryCd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1THEIRWORLDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeMTransactionTypeTxt
Involved$103,645InvolvedAmt
Method Of Amount DeterminationPER CONTRACTMethodOfAmountDeterminationTxt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.