Global Training Network Inc in Edmond, Oklahoma (OK)

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Global Training Network Inc
Employer Identification Number (EIN)743163461
Name of OrganizationGlobal Training Network Inc
In Care of NameJames H Craddock
AddressPO BOX 6624, Edmond, OK 73083-6624
SubsectionCharitable Organization
Ruling Date08/2006
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$51,894
Amount of Income$191,835
Form 990 Revenue Amount$191,658
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Adult, Continuing Education


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Amount of income in 2013: $191,835 (it was $199,510 in 2012)
Global Training Network Inc: 

 $191,835
Other organizations performing similar types of work: 

 $80,291

Assets in 2013: $51,894 (it was $19,722 in 2012)
This organization: 

 $51,894
Other organizations performing similar types of work: 

 $37,351

Expenses in 2013: $164,414
Global Training Network Inc: 

 $164,414
Other organizations performing similar types of work: 

 $69,433

Income to expenses ratio in 2013: 1.2
This organization: 

 1.2
Other organizations performing similar types of work: 

 0.9

Grants share in income in 2013: 99.9%
This organization: 

 99.9%
Other organizations performing similar types of work: 

 33.2%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$165,937$198,594$191,658
Contributions, gifts, grants, and similar amounts received$165,810$198,713$191,425
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$127$-119$44
Gross sales of inventory, less returns and allowances$721$797$221
Less: cost of goods sold$594$916$177
Other revenue$0$0$189
Total expenses$191,983$199,891$164,414
Total net assets$20,784$17,759$45,003
Excess/Deficit for the year$-26,046$-1,297$27,244
Net assets or fund balances at beginning of year$46,830$20,784$17,759
Other changes in net assets or fund balances$0$-1,728$0
Net assets or fund balances at end of year$17,759$45,003
Balance Sheets
201120122013
Total assets$23,519$19,722$51,894
Total liabilities$2,735$1,963$6,891
Net assets or fund balances$20,784$17,759$45,003
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
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$906,747
Subtotal Support$906,747
Gifts, grants, contributions, and membership fees received$906,747
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$0
Total Support$906,747
Public Support$906,747
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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1Shumei International Institute IncPO BOX 998, Crestone, CO 81131-0998CO2003-08$1,016,611
2World Institue For Action Learning Inc1688 Moorings Dr, Reston, VA 20190-4225VA2008-01$59,810
3Utilities Telecommunications And Energy Coalition Of Wv IncPo Box 11630, Charleston, WV 25339-1630WV2008-07$30,750
4Zoe Institute Inc1009 S Muskogee Ave, Tahlequah, OK 74464-4733OK2004-09$567,454
5Energy Training CouncilPo Box 850359, Yukon, OK 73085OK2005-09$121,536
6Alaraf Temple Computer And Educational Fund3212 N Bryant Ave, Oklahoma City, OK 73121OK2011-05$0
7Association For Continuing Higher EducationOcce Admin Bldg Room 233 1700 Asp, Norman, OK 73072-6400OK2005-12$0
8Association For Continuing Higher EducationOcce Admin Bldg Room 233 1700 Asp, Norman, OK 73072-6400OK2005-12$0
9Association For Continuing Higher EducationOcce Admin Bldg Room 233 1700 Asp, Norman, OK 73072-6400OK2005-12$0
10Association For Continuing Higher EducationOcce Admin Bldg Room 223 1700 Asp, Norman, OK 73072-6400OK2005-12$0
11Association For Continuing Higher EducationOcce Admin Bldg Room 233 1700 Asp, Norman, OK 73072-6400OK2005-12$0
12Association For Continuing Higher EducationOcce Admin Bldg Room 233 1700 Asp, Norman, OK 73072-6400OK2005-12$0
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14Center Of The Plains Inc, Center Of The PlainsPO BOX 60548, Oklahoma City, OK 73146-0548OK1999-05$0
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16Conestoga Inc6915 S New Haven Ave, Tulsa, OK 74136OK2004-05$0
17Div Inc1720 S Kelly Avenue, Edmond, OK 73013OK2011-12$0
18E-Commerce Education Foundation7419 South Jackson Avenue, Tulsa, OK 74132OK2004-11$0
19Foundation For South Oklahoma City701 Sw 74th Street, Oklahoma City, OK 73159OK2008-10$0
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Number of organizations performing similar types of work
Alaska16
Alabama64
Arkansas32
Arizona83
California551
Colorado121
Connecticut57
District of Columbia61
Delaware18
Florida294
Georgia194
Hawaii31
Iowa35
Idaho19
Illinois183
Indiana107
Kansas32
Kentucky55
Louisiana65
Massachusetts139
Maryland119
Maine33
Michigan149
Minnesota85
Missouri93
Mississippi34
Montana22
North Carolina133
North Dakota9
Nebraska16
New Hampshire23
New Jersey117
New Mexico70
Nevada45
New York277
Ohio148
Oklahoma38
Oregon84
Pennsylvania156
Rhode Island25
South Carolina60
South Dakota7
Tennessee120
Texas360
Utah27
Virginia145
Vermont24
Washington101
Wisconsin78
West Virginia27
Wyoming12
International17
Total4,811

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