Global Business Success Foundation in Broken Arrow, Oklahoma (OK)

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Global Business Success Foundation
Employer Identification Number (EIN)731619339
Name of OrganizationGlobal Business Success Foundation
In Care of NameGary Shotton
Address2017 W Rockport, Broken Arrow, OK 74012
Websitehttp://www.gbsf.org
SubsectionCharitable Organization, Educational Organization
Ruling Date07/2002
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,502
Amount of Income$88,586
Form 990 Revenue Amount$88,586
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Management & Technical Assistance


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Amount of income in 2012: $88,586 (it was $88,586 in 2013)
This organization: 

 $88,586
Other organizations performing similar types of work: 

 $253,364

Assets in 2012: $2,502 (it was $2,502 in 2013)
Global Business Success Foundation: 

 $2,502
Other organizations performing similar types of work: 

 $138,908

Expenses in 2013: $109,512
Global Business Success Foundation: 

 $109,512
Other organizations performing similar types of work: 

 $267,422

Income to expenses ratio in 2013: 0.8
This organization: 

 0.8
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 100.0%
Global Business Success Foundation: 

 100.0%
Other organizations performing similar types of work: 

 79.0%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$88,586
Contributions, gifts, grants, and similar amounts received$88,586
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$109,512
Total net assets$2,502
Excess/Deficit for the year$-20,926
Net assets or fund balances at beginning of year$23,428
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$2,502
Balance Sheets
2013
Total assets$2,502
Total liabilities$0
Net assets or fund balances$2,502
Other Information
2013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$227,472
Subtotal Support$255,530
Gifts, grants, contributions, and membership fees received$255,530
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$28,058
Total Support$255,530
Public Support$255,530
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Wb Community Health875 Centerville Road, Warwick, RI 02886-4381RI1999-06$125,128,955
2Detroit 90-90610 Antoinette St, Detroit, MI 48202-3457MI2014-06$19,239,157
3University At Buffalo Surgeons Inc462 Grider St, Buffalo, NY 14215-3021NY2003-02$14,930,666
4University Of Akron Research FoundationGoodyear Polymer Center, Akron, OH 44325-2103OH2003-07$11,461,658
5New Classrooms Innovation Partners Inc1250 Broadway 30th Floor, New York, NY 10001NY2012-07$11,305,307
6Central Indiana Educational Service Center6036 Lakeside Blvd Room Bldg A, Indianapolis, IN 46278-1988IN2013-12$9,324,035
7Creative Urban Education Inc460 W Baltimore St, Detroit, MI 48202-3208MI2009-06$6,635,805
8Public Preparatory Network Inc291 Broadway Rm 1202, New York, NY 10007-1869NY2010-09$3,953,470
9School Facility Development Inc444 Liberty Avefour Gateway Ctr, Pittsburgh, PA 15222PA2004-05$3,295,876
10Georgia Leadership Institute For School Improvement Inc, Glisi1755 N Brown Rd Ste 200, Lawrenceville, GA 30043-8196GA2013-03$3,188,619
11The Center For Education Innovation200 South Lamar Street, Jackson, MS 39201-4013MS2010-12$2,929,450
12Equal Opportunity Schools999 N Northlake Way Ste 268, Seattle, WA 98103-3422WA2011-07$2,504,910
13The Coalition For College Cost Savings1900 Church St Ste 300, Nashville, TN 37203-2285TN2006-11$2,330,154
14Charter Facilities Management Inc1661 Worcester Rd Ste 203, Framingham, MA 01701MA2012-01$1,937,126
15Blueprint Schools Network Inc68 Harvard Street, Brookline, MA 02445-7991MA2011-12$1,724,190
16Oklahoma Schools Advisory Council2403 N 41st St E, Muskogee, OK 74403-1889OK2007-01$178,574
17Global Business Success Foundation2017 W Rockport, Broken Arrow, OK 74012OK2002-07$88,586
18University Station Alliance Inc1017 W Brooke Hollow Ct, Stillwater, OK 74075-2162OK2002-08$73,727
19Oklahoma Center For Character Education Inc13424 Princeton Lane, Edmond, OK 73013OK2012-03$0
20Vision2reality Inc129 E 26th St, Tulsa, OK 74114-2415OK2014-12$0
Number of organizations performing similar types of work
Alaska2
Alabama1
Arkansas3
Arizona11
California45
Colorado12
Connecticut11
District of Columbia14
Delaware2
Florida17
Georgia16
Hawaii3
Iowa6
Illinois9
Indiana4
Kansas3
Kentucky1
Louisiana7
Massachusetts17
Maryland9
Maine1
Michigan9
Minnesota13
Missouri8
Mississippi1
Montana3
North Carolina7
New Hampshire4
New Jersey6
New Mexico7
Nevada3
New York31
Ohio18
Oklahoma5
Oregon10
Pennsylvania17
Rhode Island4
South Carolina8
South Dakota1
Tennessee7
Texas17
Utah2
Virginia12
Vermont1
Washington13
Wisconsin12
West Virginia1
Wyoming1
International1
Total416

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