Nonprofit · EIN 45-3063901
GLOBAL BUSINESS INSTITUTE INC
Tax-exempt · WASHINGTON, DC 20036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | – | $18,325 | – | $214,097 | $374,185 | -$160,088 |
| December 31, 2022 | 990-EZ | $20,000 | $130,256 | -$110,256 | $234,876 | $376,639 | -$141,763 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $3,300
- Printing, publications and postage
- $4,767
- Other expenses
- $10,258
- Program services (functional)
- $18,325
Balance sheet and other
- Total assets, start of year
- $234,876
- Total assets, end of year
- $214,097
- Total liabilities, end of year
- $374,185
- Net assets, end of year
- -$160,088
- Cash, savings and investments
- $214,097
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-EZ for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Florence Lowe-Lee | Director | 20 | $0 |
| Paul Cheong Lee | Director | 10 | $0 |
| Leonardo A Canseco | Director | 10 | $0 |
990-EZ for the year ended December 31, 2022: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FLORENCE LOWE-LEE | DIRECTOR | 20 | $0 |
| PAUL CHEONG LEE | DIRECTOR | 10 | $0 |
| LEONARDO A CANSECO | DIRECTOR | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 1001 CONNECTICUT AVE NW STE 704, WASHINGTON, DC 20036-5569
- In care of
- % LEONARDO A CANSECO ESQUIRE
- Mailing address (990-N for 2025)
- 1001 Connecticut Avenue NW Ste 704, Washington DC 20036
- Principal officer (990-N for 2025)
- Florence Lowe-Lee, 27393 Paddock Trail Pl, South Riding VA 20152
- Signed the 990-EZ
- Florence Lowe-Lee, President
- Return prepared by
- Patrick R Ferraren CPA
Mission
To research US-Korea relations
Program accomplishments
- Expenses incurred to conduct comprehensive research of contemporary relations between the USA and South Korea to improve Govt & Business policies.Expenses $18,325
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 45-3063901
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- International, foreign affairs and national security (Q05)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Florence Lowe-Lee | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2024 Officer: FLORENCE LOWE-LEE | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2023 | $0 | $18,325 | $214,097 | XML |
| 990-EZ | December 2022 | $20,000 | $130,256 | $234,876 | XML |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
| 990-N for 2016 Officer: FLORENCE LOWE-LEE | December 31, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2016 | – | – | – | 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 45-3063901).
Questions about GLOBAL BUSINESS INSTITUTE INC
- What is the EIN of GLOBAL BUSINESS INSTITUTE INC?
- The employer identification number (EIN) of GLOBAL BUSINESS INSTITUTE INC is 45-3063901.
- Is GLOBAL BUSINESS INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to GLOBAL BUSINESS INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GLOBAL BUSINESS INSTITUTE INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of GLOBAL BUSINESS INSTITUTE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GLOBAL BUSINESS INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of GLOBAL BUSINESS INSTITUTE INC?
- The 990-N for 2025 names Florence Lowe-Lee.
- Who are the officers and directors of GLOBAL BUSINESS INSTITUTE INC?
- The 990-EZ for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
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