Small Public Charity

GLOBAL INITIATIVES INC

GLOBAL INITIATIVES INC, of GLOUCESTER, MA, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $8K in revenue, $14K in expenses, $35K in total assets. 1 publicly reported grants to this organization, totaling roughly $6K, appear in IRS filings.

EIN: 223080437 GLOUCESTER, MA Latest filing: 2024
Total Revenue$8K
Total Expenses$14K
Total Assets$35K
Grant Records1
Funding Total$6K
Filing Years2020–2024

Mission

RAISING MONEY TO BUILD A REPLICA OF A 1922 AMERICAN SCHOONER THAT WILL BE A PLATFORM FOR RENEWABLE ENERGY AND A GREEN PLANET, SCHOONER WILL BE USED FOR SAIL TRAINING AND ENVIRONMENTAL EDUCATION OF HIGH SCHOOL STUDENTS.

Officers & Directors

Director Brian Ellis
Director Peter Feinstein
Director Stephen Sacca
PRES,TREAS,CLER Thomas Ellis

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$6,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $8K $14K $35K
2023 $16K $12K $41K
2022 $3K $545 $37K
2021 $2K $5K $35K
2020 $100 $14K $38K

Between 2020 and 2024, reported annual revenue grew from $100 to $8K (+7775%), with total assets most recently reported at $35K.

Interactive year-over-year charts and full filing details available with membership.

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