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Nonprofit · EIN 73-1619339

GLOBAL BUSINESS SUCCESS FOUNDATION

Tax-exempt · BROKEN ARROW, OK 74012

Financials

$258K$253K2023$278K$270K2024
Revenue Expenses · by fiscal year end
Financials of GLOBAL BUSINESS SUCCESS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$277,543$269,937$7,606$19,366$236$19,130
December 31, 2023990$258,142$252,781$5,361$13,567$2,043$11,524
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$277,543
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$111,139
Salaries, compensation and benefits (total)
$119,641
Professional fundraising fees
$0
Accounting fees
$2,000
Travel
$5,215
Program services (functional)
$236,024
Management and general (functional)
$33,035
Fundraising (functional)
$878

Balance sheet and other

Total assets, start of year
$13,567
Total assets, end of year
$19,366
Total liabilities, end of year
$236
Net assets, end of year
$19,130
Gross receipts
$277,543
Employees
1

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DANIEL MATLACHDIR OF OPERA
Highest-paid employee
40$111,139
GARY SHOTTONPRESIDENT
Trustee or director, Officer
30$0
CYNTHIA SHOTTONSECRETARY/TR
Officer
2$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
GARY SHOTTONPRESIDENT
Trustee or director, Officer
–$0
CYNTHIA SHOTTONSECRETARY/TR
Officer
–$0

Address and contacts

Address (IRS master file)
2017 W ROCKPORT ST, BROKEN ARROW, OK 74012-0443
In care of
% GARY SHOTTON
Mailing address (990-N for 2020)
2017 W ROCKPORT STREET, BROKEN ARROW OK 74012
Principal officer (990 for 2024)
GARY SHOTTON, 2017 W ROCKPORT STREET, BROKEN ARROW, OK 74012
Principal officer (990-N for 2020)
GARY SHOTTON, 2017 W ROCKPORT STREET, BROKEN ARROW OK 74012
Signed the 990
GARY SHOTTON, PRESIDENT
Phone
(918) 378-4366
Return prepared by
SHAUNACPA ADVISORY GROUP LLC

Mission

WE EXIST TO "INSPIRE BETTER BUSINESS- AND HELP SMALL TO MID-SIZED BUSINESSES START, GROW AND EXCEL.

990 for the year ended December 31, 2024

Program accomplishments

  • WE BROADCAST ON THREE RADIO SHOWS WEEKLY REACHING OVER 2 MILLION PEOPLE IN AFRICA. 5,000 BUSINESS MENTORING CLUBS MEET AVERAGING OVER 10,000 MEMBERS. WROTE CURRICULUM THAT HAS BEEN TRANSLATED INTO FOUR LANGUAGES AND DIGITALLY DISTRIBUTED TO OVER 50,000 PEOPLE.
    Expenses $236,024

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
73-1619339
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B02)
Assets (IRS master file)
$19,366
Income (IRS master file)
$277,543

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$277,543$269,937$19,366IRS
990December 2023$258,142$252,781$13,567XML
990December 2022$219,623$215,608$7,212IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: GARY SHOTTON
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: GARY SHOTTON
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 73-1619339).

Questions about GLOBAL BUSINESS SUCCESS FOUNDATION

What is the EIN of GLOBAL BUSINESS SUCCESS FOUNDATION?
The employer identification number (EIN) of GLOBAL BUSINESS SUCCESS FOUNDATION is 73-1619339.
Is GLOBAL BUSINESS SUCCESS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to GLOBAL BUSINESS SUCCESS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GLOBAL BUSINESS SUCCESS FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GLOBAL BUSINESS SUCCESS FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GLOBAL BUSINESS SUCCESS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GLOBAL BUSINESS SUCCESS FOUNDATION?
The 990 for the year ended December 31, 2024 names GARY SHOTTON.
Who are the officers and directors of GLOBAL BUSINESS SUCCESS FOUNDATION?
The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $111,139 (DANIEL MATLACH, DIR OF OPERA).
How much revenue does GLOBAL BUSINESS SUCCESS FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $277,543, expenses of $269,937 and total assets of $19,366 at year end.

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