Unpacking the Global Healthy Living Foundation 990: Key Insights and Takeaways

Unpacking the Global Healthy Living Foundation 990: Key Insights and Takeaways

The Global Healthy Living Foundation (GHLF) is a reputable health organization that focuses on empowering individuals to take charge of their health. The Foundation uses a multi-faceted approach by implementing innovative solutions to address the unique needs of the community, all while advocating for the creation of policies that improve the quality of healthcare.

As a non-profit organization, the Global Healthy Living Foundation follows a strict financial reporting process, known as the 990 form. The 990 form is a legal requirement for all non-profit organizations to file with the IRS, detailing its revenue, expenses, and activities for the year. In this article, we will unpack the Global Healthy Living Foundation 990 form and explore the key insights and takeaways.

Understanding the Global Healthy Living Foundation 990 Form

The Global Healthy Living Foundation 990 form is a publicly available document that provides an annual overview of the organization’s financial activities. There are several sections within the form that detail important information that can be of interest to the public, including donors, investors, and other non-profit organizations.

Revenue and Expenses

One of the fundamental aspects of the 990 form is the revenue and expenses section. This section details the total amount of money the organization received in donations and grants and the money spent to carry out its programs and activities.

According to the Foundation’s most recent 990 form, it reported a total revenue of $2,507,652 and total expenses of $2,488,756. It’s important to note that the revenue and expenses of non-profit organizations can fluctuate from year to year based on various factors, including the size and scope of the organization’s programs.

Programs and Accomplishments

The section on programs and accomplishments provides a comprehensive view of the Global Healthy Living Foundation’s mission and objectives. It details how the organization spends the money it receives, outlining the various programs and services it offers.

Based on the 990 form, the Global Healthy Living Foundation focused on providing education and support to patients, especially those with chronic diseases. Additionally, the organization advocated for policy changes in healthcare at the state and federal levels.

Leadership and Governance

The leadership and governance section of the 990 form provides information about the organization’s board members and key staff, including their compensation and working hours.

The Global Healthy Living Foundation’s board of directors consisted of four members, with two of them receiving compensation for their services. Additionally, the organization had five key staff members, with the highest-paid earning a salary of $162,800.

Conclusion

The Global Healthy Living Foundation is a credible organization that is committed to improving the quality of health for individuals around the world. By analyzing the 990 form, we have been able to understand the organization’s financial health, how it uses its resources to carry out its programs, and how it conducts its internal governance. It’s important to note that while the 990 form is a valuable source of information, it’s not the only way to evaluate a non-profit organization’s effectiveness. Anyone who wants to understand the GHLF further may review the Foundation’s annual reports and other financial documents to get a more comprehensive picture of its activities and accomplishments.