Charity Search / GLOBAL INITIATIVES INC
Environment (C60Z) 990 on File

GLOBAL INITIATIVES INC

EIN: 22-3080437 · GLOUCESTER, MA 01930-1522 · United States · FY 2024 Data
2 out of 5 39 / 100 Based on 2+ years of filings
Financial strength (30%) 51/100
Reliability (20%) 55/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$8K
Total Revenue
$14K
Total Expenses
$35K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 96.1%
Fundraising Efficiency N/A
Operating Reserve 30.76x
Liability-to-Asset N/A
Revenue Diversification 100.0%
Compared with Peers
FY 2024
Compared with 2,620 similar organizations (United States, Environment, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
96.1% 81.3%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
30.8 mo 36.8 mo
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 95.1%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-50.8% 2.6%
P10P90
Expense growth
Year over year expense growth
16.0% -0.2%
P10P90
Surplus margin
Surplus as a share of revenue
-75.5% 17.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $8K $14K $35K 96.1% —
2023 $16K $12K $41K 92.6% —
2022 $3K $545 $37K — —
2021 $5K $5K N/A — 1
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Organization Details
EIN
22-3080437
State
MA
City
GLOUCESTER
ZIP
01930-1522
Classification
C60Z
Category
Environment
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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