Is The Global Development Incubator Inc…

Quick charity verification for The Global Development Incubator Inc (EIN: 141945286)

Red Flags

Consistent 0% officer compensation for an organization of this size, which is highly unusual and may obscure the true cost of leadership if compensated by other means.
Significant fluctuations in revenue and expenses, leading to deficits in some years (e.g., 2023 expenses exceeded revenue by over $1.6 million), which could impact long-term financial stability if not managed effectively.
Substantial increase in liabilities in 2021 and 2022, reaching over $12 million and $10 million respectively, which warrants further investigation into their nature and repayment plans.

Strengths

Strong program focus implied by 0% officer compensation, suggesting resources are directed towards mission-related activities.
Healthy asset base, consistently exceeding liabilities in most periods, indicating financial solvency (e.g., $17,090,052 in assets vs. $6,050,012 in liabilities in 2023).
Significant growth in revenue over the past decade, from $1,212,792 in 2014 to over $21 million currently, demonstrating successful fundraising and program expansion.

Spending Breakdown

How The Global Development Incubator Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about The Global Development Incubator Inc

Is The Global Development Incubator Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, The Global Development Incubator Inc (EIN: 141945286) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.

Is The Global Development Incubator Inc a good charity to donate to?

The Global Development Incubator Inc has a Mission Score of 85/100. Revenue: $21.5M. Assets: $16.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Global Development Incubator Inc?

The Employer Identification Number (EIN) for The Global Development Incubator Inc is 141945286. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does The Global Development Incubator Inc spend its money?

The Global Development Incubator Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Global Development Incubator Inc's tax-exempt status?

You can verify The Global Development Incubator Inc's tax-exempt status using EIN 141945286 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Global Development Incubator Inc demonstrates a generally stable financial position, with assets consistently exceeding liabilities across most recent periods. For instance, in 2023, assets were $17,090,052 against liabilities of $6,050,012, indicating a healthy balance sheet. The organization has experienced fluctuations in revenue and expenses, with some years showing deficits (e.g., 2023: revenue $16,985,488 vs. expenses $18,649,961) and others surpluses (e.g., 2022: revenue $19,720,293 vs. expenses $14,050,189). This suggests a dynamic operational model, possibly tied to project-based funding cycles. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of strong financial transparency and a commitment to directing funds towards programmatic activities rather than executive salaries. This practice enhances public trust and suggests a lean administrative structure at the top.

Is The Global Development Incubator Inc Legit?

Verdict: The Global Development Incubator Inc appears trustworthy