THE GLOBAL DEVELOPMENT INCUBATOR INC

EIN: 141945286 501(c)(3) International Affairs

WASHINGTON, DC

Total Revenue
$21,516,058
Total Expenses
$21,550,781
Total Assets
$16,590,151
Net Assets
$11,005,317
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NY
Principal Officer
ELIZABETH VANDERWOUDE
Phone
2029877700
Tax Period
2024-01-01 to 2024-12-31

THE GLOBAL DEVELOPMENT INCUBATOR INC, founded in 2005, is a mid-sized nonprofit in the International Affairs sector that reported $21.5M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

DESIGN AND LAUNCH SERVICES FOR NEW SOCIAL IMPACT ORGANIZATIONS AND PARTNERSHIPS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $16,885,463
Program Service Revenue $3,845,679
Investment Income $615,575
Other Revenue $169,341
TOTAL REVENUE $21,516,058

Expense Breakdown

Grants Paid $14,419,476
Salaries & Benefits $3,907,454
Fundraising Expenses $0
Program Expenses $19,124,584
Other Expenses $3,223,851
TOTAL EXPENSES $21,550,781

Year-over-Year Comparison

2024 2023 Change
Revenue $21,516,058 $16,985,488 +0.3%
Expenses $21,550,781 $18,649,961 +0.2%
Net Income $-34,723 $-1,664,473 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
28
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$725,785
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERNEST DARKOH BOARD DIRECTOR 2.00
Director
$0 $0 $0
AMANDA GLASSMAN BOARD DIRECTOR 2.00
Director
$0 $0 $0
GRANT GORDON BOARD DIRECTOR 2.00
Director
$0 $0 $0
YLVA LINDBERG BOARD DIRECTOR 2.00
Director
$0 $0 $0
ELCHI NOWROJEE BOARD DIRECTOR 2.00
Director
$0 $0 $0
GRETCHEN PHILLIPS BOARD DIRECTOR 2.00
Director
$0 $0 $0
BRIAN TRELSTAD BOARD DIRECTOR 2.00
Director
$0 $0 $0
ANDREW STERN CEO 30.00
Officer
$218,063 $37,814 $255,877
CHINTAN MARU SECRETARY 40.00
Officer
$225,382 $25,926 $251,308
ELIZABETH VANDERWOUDE CFO/TREASURER 18.00
Officer
$203,936 $14,664 $218,600
JASON WENDLE DIRECTOR 40.00
Highest
$233,645 $45,800 $279,445
JESSICA HARRISON FULLERTON DIRECTOR 40.00
Highest
$201,389 $35,377 $236,766
STEVEN BERGEN ASSOCIATE DIRECTOR 30.00
Highest
$162,305 $26,472 $188,777
JOANNE EDELMAN ASSOCIATE DIRECTOR 40.00
Highest
$144,909 $33,105 $178,014
WILLIAM SYMINGTON ASSOCIATE DIRECTOR 40.00
Highest
$158,185 $16,504 $174,689
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $21,516,058 $21,550,781 $16,590,151 $-34,723
2023 $16,985,488 $18,649,961 $17,090,052 $-1,664,473
2022 $19,720,293 $14,050,189 $23,333,318 $5,670,104
2021 $12,212,974 $11,523,810 $19,206,818 $689,164
2020 $13,078,400 $14,518,923 $12,937,597 $-1,440,523
2019 $13,997,096 $15,207,289 $11,737,200 $-1,210,193
2018 $18,896,087 $10,564,324 $13,171,257 $8,331,763
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