Initiative For Global Development
Initiative For Global Development shows recent surplus after years of fluctuating revenue and declining assets, with no reported officer compensation.
EIN: 208003146 · Washington, DC · NTEE: Q32 · Updated: 2026-03-28
Is Initiative For Global Development Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Initiative For Global Development directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Initiative For Global Development
Initiative For Global Development (EIN: 208003146) is a nonprofit organization based in Washington, DC, classified under NTEE code Q32. The organization reported total revenue of $1.0M and total assets of $543K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Initiative For Global Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Initiative For Global Development is a mid-size nonprofit that has been operating for 19 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -10.0%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$4K |
| Total Assets | $543K |
| Total Liabilities | $36K |
| Net Assets | $507K |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 6.7% |
| Months of Reserves | 6.3 months |
Financial Health Grade: A
In 2017, Initiative For Global Development reported a surplus of $4K with revenue exceeding expenses, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 6.7% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2017), Initiative For Global Development's revenue has declined at a compound annual growth rate (CAGR) of -10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -3.9% | -11.2% | -7.1% |
| 2016 | +27.9% | -24.2% | -9.8% |
| 2015 | -38.1% | +7.7% | -51.1% |
| 2014 | -47.9% | -32.9% | -8.1% |
| 2013 | +91.4% | -1.7% | +46.0% |
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 Initiative For Global Development with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Initiative For Global Development allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all seven available filings, indicating that no salaries or benefits were paid to officers, which is highly unusual for an organization of this size and suggests either pro-bono leadership or compensation is categorized differently.
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.
Red Flags
The following concerns were identified during AI analysis of Initiative For Global Development's IRS 990 filings:
- Significant decline in assets over the past decade (from $1,777,104 in 2011 to $543,209 in 2017)
- History of expenses exceeding revenue in multiple years (e.g., 2016, 2015, 2014, 2012)
- High volatility in annual revenue, making financial planning potentially challenging
- Unusual consistent reporting of 0% officer compensation, which may warrant further investigation into leadership compensation structures.
Strengths
The following positive indicators were identified for Initiative For Global Development:
- Achieved a surplus in the most recent filing period (Revenue $1,040,985 vs. Expenses $1,036,574)
- Consistent reporting of 0% officer compensation, indicating low executive overhead or pro-bono leadership
- Relatively low liabilities compared to assets in the latest filing ($36,499 liabilities vs. $543,209 assets)
Frequently Asked Questions about Initiative For Global Development
Is Initiative For Global Development a legitimate charity?
Based on AI analysis of IRS 990 filings, Initiative For Global Development (EIN: 208003146) some concerns. Mission Score: 75/100. 4 red flags identified, 3 strengths noted.
How does Initiative For Global Development spend its money?
Initiative For Global Development directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Initiative For Global Development tax-deductible?
Initiative For Global Development is registered as a tax-exempt nonprofit (EIN: 208003146). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Initiative For Global Development sustain its operations without paying officer compensation?
The consistent reporting of 0% officer compensation is unusual for an organization with over $1 million in revenue. This could indicate that leadership is entirely volunteer-based, compensated through a different mechanism not categorized as 'officer compensation' on the 990, or that the organization relies heavily on external contractors or partner organizations for leadership functions.
What caused the significant decline in assets from $1,777,104 in 2011 to $543,209 in 2017?
The substantial decrease in assets over this period, alongside fluctuating revenues and several years of expenses exceeding revenue, suggests a period of financial contraction or strategic asset utilization. Further analysis of specific asset types and investment strategies would be needed to understand the exact causes.
What is the long-term financial strategy given the volatility in revenue and expenses?
The organization has experienced significant swings in annual revenue, from a high of $2,625,089 in 2013 to a low of $846,887 in 2015. This volatility, coupled with periods where expenses exceeded revenue, suggests a need for a robust long-term financial strategy to ensure sustainable operations and growth.
Filing History
IRS 990 filing history for Initiative For Global Development showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Initiative For Global Development's revenue has declined by 46.9%, moving from $2.0M to $1.0M. Total assets decreased by 69.4% over the same period, from $1.8M to $543K. Total functional expenses fell by 45.3%, from $1.9M to $1.0M. In its most recent filing year (2017), Initiative For Global Development reported a surplus of $4K, with revenue exceeding expenses. The organization holds $36K in liabilities against $543K in assets (debt-to-asset ratio: 6.7%), resulting in net assets of $507K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $1.0M | $1.0M | $543K | $36K | — | View 990 |
| 2016 | $1.1M | $1.2M | $585K | $83K | — | View 990 |
| 2015 | $847K | $1.5M | $648K | $61K | — | View 990 |
| 2014 | $1.4M | $1.4M | $1.3M | $44K | — | View 990 |
| 2013 | $2.6M | $2.1M | $1.4M | $100K | — | View 990 |
| 2012 | $1.4M | $2.2M | $988K | $141K | — | View 990 |
| 2011 | $2.0M | $1.9M | $1.8M | $131K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $1.0M, expenses of $1.0M, and assets of $543K (revenue -3.9% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.2M, and assets of $585K (revenue +27.9% year-over-year).
- 2015: Revenue of $847K, expenses of $1.5M, and assets of $648K (revenue -38.1% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $1.3M (revenue -47.9% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.1M, and assets of $1.4M (revenue +91.4% year-over-year).
- 2012: Revenue of $1.4M, expenses of $2.2M, and assets of $988K (revenue -30.0% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.9M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Initiative For Global Development:
Data Sources and Methodology
This transparency report for Initiative For Global Development 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.