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Nonprofit · EIN 45-4382475

GLODEV INC

Tax-exempt · JACKSONVILLE, FL 32226

Financials

$174K$100K2021$84K$97K2022$81K$98K2023$125K$111K2024$510K$391K2025
Revenue Expenses · by fiscal year end
Financials of GLODEV INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$510,238$390,674$119,564$648,837$8,816$640,021
December 31, 2024990$124,940$111,265$13,675$495,609$8,467$487,142
December 31, 2023990$80,634$97,923-$17,289$485,041$11,574$473,467
December 31, 2022990 (amended)$83,523$97,346-$13,823$501,633$10,877$490,756
December 31, 2021990$173,557$100,047$73,510$508,066$15,174$492,892
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$222,588
Program service revenue
$0
Investment income
$287,714
Net rental income
-$64
Net gain from sales of assets
$287,625
Other revenue
-$64

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$12,732
Other salaries and wages
$7,215
Salaries, compensation and benefits (total)
$20,848
Professional fundraising fees
$0
Legal fees
$5,372
Accounting fees
$625
Occupancy
$6,316
Travel
$3,827
Depreciation
$5,357
Program services (functional)
$390,049
Management and general (functional)
$625

Balance sheet and other

Total assets, start of year
$495,609
Total assets, end of year
$648,837
Total liabilities, end of year
$8,816
Net assets, end of year
$640,021
Land, buildings and equipment
$561,563
Net assets without donor restrictions
$640,021
Gross unrelated business income
$168
Gross receipts
$541,981
Employees
3
Volunteers
313
Year formed
2012
State of legal domicile
FL

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, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
TIM LOVELACECEO
Officer, Key employee, Highest-paid employee
40$12,732$45,123
NANCY LOVELACESECRETARY
Officer, Key employee
3$0$0
DR GRADY CARTERCHAIRMAN
Officer
–$0$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensationFrom related orgs
TIM LOVELACECEO
Officer, Key employee, Highest-paid employee
40$2,658$24,401
NANCY LOVELACESECRETARY
Officer, Key employee
3$0$0
DR GRADY CARTERCHAIRMAN
Officer
–$0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
TIM LOVELACECEO
Officer, Key employee, Highest-paid employee
40$11,290
NANCY LOVELACESECRETARY
Officer, Key employee
20$300
DR GRADY CARTERCHAIRMAN
Officer
–$0
990 for the year ended December 31, 2022: 3 people
NameTitleHours / weekCompensation
TIM LOVELACECEO
Officer, Key employee
40$0
NANCY LOVELACESECRETARY
Officer, Key employee
20$0
DR GRADY CARTERCHAIRMAN
Officer
–$0
990 for the year ended December 31, 2021: 2 people
NameTitleHours / weekCompensation
TIM LOVELACECEO
Officer
40$18,407
NANCY LOVELACESECRETARY
Officer
20$4,602

Address and contacts

Address (IRS master file)
PO BOX 26394, JACKSONVILLE, FL 32226-6394
In care of
% TIM LOVELACE
Mailing address (990-N for 2015)
3771 Spring Park Rd, Jacksonville FL 32207
Principal officer (990 for 2025)
TIM LOVELACE, 9179 GARDEN STREET, JACKSONVILLE, FL 32219
Principal officer (990-N for 2015)
Tim Lovelace, 1723 Forest Lake Circle Dr W Apt 1, Jacksonville FL 32225
Signed the 990
TIM LOVELACE, CEO
Phone
(904) 332-6500
Return prepared by
Kevin Green CPA

Mission

THE ORGANIZATIONS GOAL IS TO TRAIN IN AGRICULTURAL TECHNOLOGIES AND TO HELP THOSE LOCALLY IN NEED OF FOOD WHILE SERVING AS A LIVING MODEL FOR TRANSFORMING WHOLE COMMUNITIES GLOBALLY.

990 for the year ended December 31, 2025

Program accomplishments

  • THE ORGANIZATION CONTINUES TO GATHER FUNDING FOR THE SELF-SUSTAINABLE PROJECTS.
    Expenses $390,049 · revenue $515,787

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-4382475
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
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$648,837
Income (IRS master file)
$541,981

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$510,238$390,674$648,837XML
990December 2024$124,940$111,265$495,609XML
990December 2023$80,634$97,923$485,041XML
990December 2022$83,523$97,346$501,633XML
990December 2021$173,557$100,047$508,066XML
990-TDecember 2021–––IRS
990December 2020–––IRS
990-N for 2015
Officer: Tim Lovelace
December 31, 2015≤ $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 45-4382475).

Questions about GLODEV INC

What is the EIN of GLODEV INC?
The employer identification number (EIN) of GLODEV INC is 45-4382475.
Is GLODEV INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to GLODEV INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GLODEV INC 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 GLODEV 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 GLODEV INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of GLODEV INC?
The 990 for the year ended December 31, 2025 names TIM LOVELACE.
Who are the officers and directors of GLODEV INC?
The 990 for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $12,732 (TIM LOVELACE, CEO).
How much revenue does GLODEV INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $510,238, expenses of $390,674 and total assets of $648,837 at year end.

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