Foundation For The Global Compact
Foundation For The Global Compact shows consistent revenue growth and maintains a healthy financial surplus with no reported officer compensation.
EIN: 161756484 · New York, NY · NTEE: Q42 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $48.3M |
| Total Expenses | $45.5M |
| Program Spending | 85% |
| Net Assets | $13.2M |
| Transparency Score | 90/100 |
Is Foundation For The Global Compact Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foundation For The Global Compact directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Foundation For The Global Compact
Foundation For The Global Compact (EIN: 161756484) is a nonprofit organization based in New York, NY, classified under NTEE code Q42. The organization reported total revenue of $48.3M and total assets of $26.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For The Global Compact's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For The Global Compact is a large nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 20.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $49.2M |
| Total Expenses | $45.5M |
| Surplus / Deficit | +$3.7M |
| Total Assets | $30.6M |
| Total Liabilities | $17.3M |
| Net Assets | $13.2M |
| Operating Margin | 7.5% |
| Debt-to-Asset Ratio | 56.8% |
| Months of Reserves | 8.1 months |
Financial Health Grade: A
In 2023, Foundation For The Global Compact reported a surplus of $3.7M with revenue exceeding expenses, holds 8.1 months of operating reserves (strong position), has a debt-to-asset ratio of 56.8% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Foundation For The Global Compact's revenue has grown at a compound annual growth rate (CAGR) of 20.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.5% | +28.9% | +18.7% |
| 2022 | +54.3% | +57.6% | +15.4% |
| 2021 | +5.7% | +11.3% | +9.3% |
| 2020 | +44.2% | +22.9% | +59.4% |
| 2019 | +17.8% | +31.6% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Foundation For The Global Compact with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Foundation For The Global Compact allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, trustees, or key employees, which is a strong positive for financial efficiency and transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Foundation For The Global Compact:
- Consistent revenue growth, from $13.8M in 2014 to $49.1M in 2023.
- Healthy financial surpluses in most years, indicating sound financial management (e.g., $3.68M surplus in 2023).
- No reported officer compensation across all filings, suggesting high efficiency in this area.
- Significant increase in assets, from $9.35M in 2014 to $30.56M in 2023, enhancing long-term stability.
Frequently Asked Questions about Foundation For The Global Compact
Is Foundation For The Global Compact a legitimate charity?
Foundation For The Global Compact (EIN: 161756484) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $48.3M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Foundation For The Global Compact spend its money?
Foundation For The Global Compact directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Foundation For The Global Compact tax-deductible?
Foundation For The Global Compact is registered as a tax-exempt nonprofit (EIN: 161756484). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Foundation For The Global Compact's spending goes to programs?
Foundation For The Global Compact directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Foundation For The Global Compact compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Foundation For The Global Compact is above average for NTEE category Q42 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Foundation For The Global Compact located?
Foundation For The Global Compact is headquartered in New York, New York and files with the IRS under EIN 161756484. It is classified under NTEE code Q42.
How many years of IRS 990 filings does Foundation For The Global Compact have?
Foundation For The Global Compact has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $48.3M in total revenue.
Is Foundation For The Global Compact a good charity?
Based on the provided financial data, the Foundation For The Global Compact appears to be a well-managed organization with strong revenue growth and consistent surpluses. The absence of reported officer compensation is a significant positive indicator of financial efficiency and commitment to mission.
How has the organization's revenue grown over time?
The organization has experienced substantial revenue growth, increasing from $13,808,794 in 2014 to $49,192,444 in 2023, demonstrating a significant expansion of its financial capacity.
What is the trend in the organization's assets?
Assets have shown consistent growth, rising from $9,351,761 in 2014 to $30,561,686 in 2023, indicating increasing financial stability and capacity.
Filing History
IRS 990 filing history for Foundation For The Global Compact showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Foundation For The Global Compact's revenue has grown by 1021.7%, moving from $4.4M to $49.2M. Total assets increased by 1105.1% over the same period, from $2.5M to $30.6M. Total functional expenses rose by 754.4%, from $5.3M to $45.5M. In its most recent filing year (2023), Foundation For The Global Compact reported a surplus of $3.7M, with revenue exceeding expenses. The organization holds $17.3M in liabilities against $30.6M in assets (debt-to-asset ratio: 56.8%), resulting in net assets of $13.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $49.2M | $45.5M | $30.6M | $17.3M | — | — |
| 2022 | $41.5M | $35.3M | $25.8M | $7.2M | — | View 990 |
| 2021 | $26.9M | $22.4M | $22.3M | $6.0M | — | View 990 |
| 2020 | $25.5M | $20.1M | $20.4M | $5.8M | — | View 990 |
| 2019 | $17.7M | $16.4M | $12.8M | $4.3M | — | View 990 |
| 2018 | $15.0M | $12.4M | $12.3M | $3.4M | — | View 990 |
| 2017 | $12.2M | $13.4M | $9.5M | $3.1M | — | View 990 |
| 2016 | $13.7M | $14.1M | $10.3M | $2.9M | — | View 990 |
| 2015 | $15.4M | $16.1M | $10.0M | $2.2M | — | View 990 |
| 2014 | $13.8M | $12.6M | $9.4M | $968K | — | View 990 |
| 2013 | $15.3M | $12.9M | $8.6M | $1.4M | — | View 990 |
| 2012 | $12.8M | $12.2M | $5.2M | $388K | — | View 990 |
| 2011 | $9.1M | $7.4M | $4.4M | $197K | — | View 990 |
| 2010 | $4.4M | $5.3M | $2.5M | $62K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $49.2M, expenses of $45.5M, and assets of $30.6M (revenue +18.5% year-over-year).
- 2022: Revenue of $41.5M, expenses of $35.3M, and assets of $25.8M (revenue +54.3% year-over-year).
- 2021: Revenue of $26.9M, expenses of $22.4M, and assets of $22.3M (revenue +5.7% year-over-year).
- 2020: Revenue of $25.5M, expenses of $20.1M, and assets of $20.4M (revenue +44.2% year-over-year).
- 2019: Revenue of $17.7M, expenses of $16.4M, and assets of $12.8M (revenue +17.8% year-over-year).
- 2018: Revenue of $15.0M, expenses of $12.4M, and assets of $12.3M (revenue +22.8% year-over-year).
- 2017: Revenue of $12.2M, expenses of $13.4M, and assets of $9.5M (revenue -10.8% year-over-year).
- 2016: Revenue of $13.7M, expenses of $14.1M, and assets of $10.3M (revenue -10.9% year-over-year).
- 2015: Revenue of $15.4M, expenses of $16.1M, and assets of $10.0M (revenue +11.2% year-over-year).
- 2014: Revenue of $13.8M, expenses of $12.6M, and assets of $9.4M (revenue -9.8% year-over-year).
- 2013: Revenue of $15.3M, expenses of $12.9M, and assets of $8.6M (revenue +19.2% year-over-year).
- 2012: Revenue of $12.8M, expenses of $12.2M, and assets of $5.2M (revenue +41.1% year-over-year).
- 2011: Revenue of $9.1M, expenses of $7.4M, and assets of $4.4M (revenue +107.5% year-over-year).
- 2010: Revenue of $4.4M, expenses of $5.3M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For The Global Compact:
Data Sources and Methodology
This transparency report for Foundation For The Global Compact is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.