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Nonprofit · EIN 86-2538751

GLOBAL EDUCATION FOUNDATION

Tax-exempt · SCOTTSDALE, AZ 85254

Financials

$366K$459K2023$368K$354K2024
Revenue Expenses · by fiscal year end
Financials of GLOBAL EDUCATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$368,305$354,375$13,930$267,350$300,264-$32,914
December 31, 2023990$366,455$458,704-$92,249$360,473$407,317-$46,844
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$346,835
Program service revenue
$0
Investment income
$21,470
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
-$18,014
Accounting fees
$150
Occupancy
$24,000
Program services (functional)
$285,640
Management and general (functional)
$68,735

Balance sheet and other

Total assets, start of year
$360,473
Total assets, end of year
$267,350
Total liabilities, end of year
$300,264
Net assets, end of year
-$32,914
Publicly traded securities
$265,843
Net assets without donor restrictions
-$32,914
Gross receipts
$368,305
Employees
0
Volunteers
0
Year formed
2021
State of legal domicile
AZ

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
HOLGER LOHSEOFFICER
Trustee or director, Officer
0$0
FRANCIS TESMERDIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
HOLGER LOHSEOFFICER
Trustee or director, Officer
0$0
FRANCIS TESMERDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
10632 N SCOTTSDALE RD STE B, SCOTTSDALE, AZ 85254-6164
Principal officer (990 for 2024)
HOLGER LOHSE, 10632 N SCOTTSDALE ROAD SUITE B, SCOTTSDALE, AZ 85254
Signed the 990
HOLGER LOHSE, OFFICER
Phone
(480) 491-7900
Return prepared by
ATLAS CPAS & ADVISORS PLLC

Mission

THE PURPOSE OF THE FOUNDATION IS TO PROVIDE HIGHER EDUCATION OPPORTUNITIES FOR BEAUTY AND WELLNESS PROFESSIONALS ALLOWING THEM TO BECOME WELL-ROUNDED INDIVIDUALS AND ENJOY LONG-TERM, SUCCESSFUL CAREERS IN THE BEAUTY AND WELLNESS INDUSTRY. THE FOUNDATION INTENDS TO PARTNER WITH LEADING ACADEMIC INSTITUTIONS IN THE CREATION AND DEVELOPMENT OF A HIGHER EDUCATION PROGRAM FOR BEAUTY PROFESSIONALS, DESIGN THE EDUCATIONAL PROGRAM THAT WILL LEAD TO AN INTERDISCIPLINARY ASSOCIATE IN APPLIED SCIENCE AND/OR BACHELOR OF APPLIED SCIENCE DEGREE, AND PROVIDE RESOURCES THROUGH SCHOLARSHIPS AND OTHER FINANCIAL AID TO STUDENTS IN THE COSMETOLOGY FIELD AND OTHERS INTERESTED IN THE BEAUTY AND WELLNESS PROFESSION. THE FOUNDATION ALSO SUPPORT STUDENTS IN PREPARATION FOR THE HIGHER EDUCATION PATHWAY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE LEAD HIGHER EDUCATION PATHWAY PROGRAM HAS ENABLED MANY STUDENTS TO GO TO COLLEGE AND UNIVERSITY . WE HAVE AWARDED $285,640 FOR COLLEGE AND UNIVERSITY SCHOLARSHIPS IN 2024.
    Expenses $285,640

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
86-2538751
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$267,350
Income (IRS master file)
$368,305

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$368,305$354,375$267,350XML
990December 2023$366,455$458,704$360,473XML
990December 2022$322,340$275,228$512,478IRS
990December 2021–––IRS

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 86-2538751).

Questions about GLOBAL EDUCATION FOUNDATION

What is the EIN of GLOBAL EDUCATION FOUNDATION?
The employer identification number (EIN) of GLOBAL EDUCATION FOUNDATION is 86-2538751.
Is GLOBAL EDUCATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to GLOBAL EDUCATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GLOBAL EDUCATION 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 EDUCATION 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 EDUCATION 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 EDUCATION FOUNDATION?
The 990 for the year ended December 31, 2024 names HOLGER LOHSE.
Who are the officers and directors of GLOBAL EDUCATION FOUNDATION?
The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does GLOBAL EDUCATION FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $368,305, expenses of $354,375 and total assets of $267,350 at year end.

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