Glocal Net Inc
Only null% goes to programs Strong reserves Declining revenue
Glocal Net Inc is a 501(c)(3) organization based in Keller, Texas, registered in 2016, with $1,790,970 in FY2024 revenue. CharityIndex grades it B.
1870 Rufe Snow Dr, Keller, TX, 76248 EIN 37-1800334 Since 2016
Revenue (FY2024)
$1.8M
▲ 7.9% vs prior year
International median: $227K
Expenses (FY2024)
$1.3M
Net assets
$1.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Glocal Net Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +28% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Glocal Net Inc: 16 mo reserves · +28% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Glocal Net Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Glocal Net Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1870 Rufe Snow Dr, Keller, TX, 76248
- City
- Keller
- State
- Texas
- Subcategory
- International Peace & Security
- Website
- …
Financial trends
Revenue grew from $311K (FY2017) to $1.8M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.3MNet assets $1.7M
Operating margin
27.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.0M
Total liabilities
$1.3M
Net assets
$1.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,790,970▲7.9% | $1,296,564▼21.1% | $1,709,333▲36.1% | $3,015,896▲133% | 990 |
| 2023 | $1,659,813▲33.4% | $1,644,062▲20.3% | $1,255,633▲1.3% | $1,291,668▲1.0% | 990 |
| 2022 | $1,244,488▼42.7% | $1,366,282▲15.0% | $1,239,882▼8.7% | $1,278,462▼7.1% | 990 |
| 2021 | $2,171,501▲333% | $1,188,541▲265% | $1,358,661▲279% | $1,375,704▲258% | 990 |
| 2020 | $501,792▼5.6% | $325,274▼36.7% | $358,779▲120% | $383,856▲136% | 990 |
| 2019 | $531,808▲12.4% | $513,719▲0.4% | $162,952▲12.5% | $162,952▲12.5% | 990 |
| 2018 | $472,930▲51.9% | $511,736▲301% | $144,864▼21.1% | $144,864▼21.1% | 990 |
| 2017 | $311,250 | $127,580 | $183,670 | $183,670 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $60K total
5 grants to Glocal Net Inc totaling $60K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | General support | 2021 | $5,109 |
| Donor Advised Charitable Giving | International, foreign affairs | 2020 | $5,000 |
| Donor Advised Charitable Giving | International, foreign affairs | 2020 | $5,000 |
| Islamic Relief USA | My neighbor's keeper - provide relief and financial assistance to the victims and families of the horrific sutherland springs mass shooting. neighborly faith fellows - to cultivate a renewed, healthier, and more vigorous private sector dedicated to religious diversity and inclusion. | 2018 | $35,000 |
| Community Foundation of North Texas | To be used for the purposes of global collaboration community/glocal missions | 2018 | $10,000 |
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Frequently asked questions
- Is Glocal Net Inc a legitimate nonprofit?
- Yes. Glocal Net Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-1800334, based in Keller, Texas. Donations are tax-deductible.
- What is Glocal Net Inc's EIN?
- Glocal Net Inc's Employer Identification Number (EIN) is 37-1800334.
- How much revenue does Glocal Net Inc report?
- Glocal Net Inc reported $1,790,970 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Glocal Net Inc have?
- CharityIndex grades Glocal Net Inc B, based on financial health (reserves and operating margin).
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Data for Glocal Net Inc (EIN 37-1800334) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.