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Glocal Ventures Inc

EIN 61-1429138 · Keller, TX

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair69 out of 100GovernanceGood76 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

GLOCAL VENTURES IS DEDICATED TO HOLISTIC, SOCIO-ECONOMIC DEVELOPMENT IN VIETNAM. GLOCAL VENTURES MOBILIZES VOLUNTEERS FROM AROUND THE WORLD TO PARTNER WITH COMMUNITIES IN VIETNAM TO SEE DREAMS REALIZED AND LIVES TRANSFORMED. VOLUNTEERS SERVE ALONGSIDE COMMUNITIES TO HELP PEOPLE WORK TOGETHER IN INTERDEPENDENCY, TAKING CHARGE OF THEIR SITUATIONS AND MOVING TOWARDS A MORE EMPOWERED AND SATISFYING LIFE AS INDIVIDUALS AND COMMUNITY.

Income
$325,568
Spending
$345,814
Spent on programs
96%
Reserves
5.6 months of spending
Largest source of income
donations and private grants, 73%
Employees
0
Volunteers
101
Highest pay
$29,673, vietnam coun

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 69 out of 100. Higher than 36% of charities in its peer group (international, $250k to $1m).

  • Reserves

    20 of 35

    Spendable reserves would cover 5.6 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 6% of income.

  • Income trend

    10 of 15

    Income fell 3% on the year before.

  • Spending floor

    15 of 15

    96% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 76 out of 100. Higher than 58% of charities in its peer group (international, $250k to $1m).

  • Independent board

    18 of 25

    4 of 4 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $332,400 spent. GLOCAL VENTURES INC. COOPERATED WITH LAO CAI DEPARTMENT OF EDUCATION AND TRAINING TO LAUNCH THE "IMPROVING THE QUALITY OF EDUCATIONAL SERVICE FOR ETHNIC STUDENTS" PROJECTS IN BAC HA AND SAPA. IN 2024, GVI HELPED BUILD NEW BATHROOMS, LATRIENES AND SCHOOL FENCES BENEFITING 850 BOARDING STUDENTS AND STAFF AT FANXIFAN, BAN PHUNG, NAM MON, AND THAI GIANG PHO SCHOOLS. THE FLOURISH PROGRAM OFFERED COACHING FOR TEACHERS AND ADMINISTRATORS ON INTRODUCING AND EVALUATING LIFE SKILLS FOR THE ETHNIC STUDENTS AND FORMING A GIRL CLUB AT THESE SCHOOLS TO PROVIDE LIFE SKILL AND HYGIENE TRAINING FOR FEMALE BOARDING STUDENTS, IMPACTING 1,350 STUDENTS AND STAFF. 90,000 MILK BOXES WERE ALSO PROVIDED TO 450 STUDENTS AT THAI GIANG PHO SCHOOLS DURING THE YEAR. IN 2024, GVI HOSTED A GENERAL EDUCATION TRAINING CONFERENCE FOR 350 TEACHERS IN LAO CAI DISTRICT. THE CONFERENCE PROVIDED TRAINING ON INTERACTIVE TEACHING METHODS AND STRATEGIES THAT PROMOTES STUDENT CENTERED INSTRUCTION IN THE CLASSROOM. IN PARTNERSHIP WITH HANOI NATIONAL UNIVERSITY OF EDUCATION, GVI ALSO HOSTED ITS 20TH SPECIAL EDUCATION TRAINING CONFERENCE WHERE 300 SPECIAL EDUCATION TEACHERS AND EXPERTS IN THE FIELD PRESENTED INFORMATION AND TECHNIQUES THAT WOULD ENABLE THE TEACHERS TO CARE FOR AND TEACH STUDENTS WITH DISABILITIES. GLOCAL VENTURES INC. COOPERATED WITH LAO CAI DEPARTMENT OF EDUCATION AND TRAINING TO LAUNCH THE "IMPROVING THE QUALITY OF EDUCATIONAL SERVICE FOR ETHNIC STUDENTS" PROJECTS IN BAC HA AND SAPA. IN 2024, GVI HELPED BUILD NEW BATHROOMS, LATRIENES AND SCHOOL FENCES BENEFITING 850 BOARDING STUDENTS AND STAFF AT FANXIFAN, BAN PHUNG, NAM MON, AND THAI GIANG PHO SCHOOLS. THE FLOURISH PROGRAM OFFERED COACHING FOR TEACHERS AND ADMINISTRATORS ON INTRODUCING AND EVALUATING LIFE SKILLS FOR THE ETHNIC STUDENTS AND FORMING A GIRL CLUB AT THESE SCHOOLS TO PROVIDE LIFE SKILL AND HYGIENE TRAINING FOR FEMALE BOARDING STUDENTS, IMPACTING 1,350 STUDENTS AND STAFF. 90,000 MILK BOXES WERE ALSO PROVIDED TO 450 STUDENTS AT THAI GIANG PHO SCHOOLS DURING THE YEAR. IN 2024, GVI HOSTED A GENERAL EDUCATION TRAINING CONFERENCE FOR 350 TEACHERS IN LAO CAI DISTRICT. THE CONFERENCE PROVIDED TRAINING ON INTERACTIVE TEACHING METHODS AND STRATEGIES THAT PROMOTES STUDENT CENTERED INSTRUCTION IN THE CLASSROOM. IN PARTNERSHIP WITH HANOI NATIONAL UNIVERSITY OF EDUCATION, GVI ALSO HOSTED ITS 20TH SPECIAL EDUCATION TRAINING CONFERENCE WHERE 300 SPECIAL EDUCATION TEACHERS AND EXPERTS IN THE FIELD PRESENTED INFORMATION AND TECHNIQUES THAT WOULD ENABLE THE TEACHERS TO CARE FOR AND TEACH STUDENTS WITH DISABILITIES.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2004.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.