INTERNATIONAL DEVELOPMENT ENTERPRISES

EIN: 232220051 501(c)(3) International Affairs

DENVER, CO

Total Revenue
$43,358,388
Total Expenses
$41,845,738
Total Assets
$16,776,461
Net Assets
$9,258,764
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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
PA
Principal Officer
MICHAEL ROBERTS
Phone
3032324336
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL DEVELOPMENT ENTERPRISES, founded in 1982, is a mid-sized nonprofit in the International Affairs sector that reported $43.4M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $41.8M left a modest 3% surplus.

Mission

IDE IS A GLOBAL DEVELOPMENT ORGANIZATION THAT SPANS OFFICES IN 12 COUNTRIES, ENCOMPASSING TWO SOCIAL ENTERPRISES, EMPLOYING OVER 900 PEOPLE DIRECTLY, AND SERVING MILLIONS OF PEOPLE IN RURAL AND PERI-URBAN HOUSEHOLDS THROUGH MARKET-BASED APPROACHES IN AGRICULTURE; WATER, SANITATION, AND HYGIENE (WASH); AND NUTRITION AND HEALTH. IDE CREATES INCOME AND LIVELIHOOD OPPORTUNITIES FOR POOR, RURAL HOUSEHOLDS IN AFRICA, ASIA, AND LATIN AMERICA, ULTIMATELY FOSTERING PROSPERITY FOR COMMUNITIES BEYOND INCOME ALONE. OUR BOTTOM LINE IS MEASURABLY IMPROVING THE LIVES OF OUR CLIENTS: RURAL FARMERS, FAMILIES, AND SMALL BUSINESSES THAT ARE AMONG THE WORLD'S POOREST. IDE STRIVES FOR A GLOBAL AVERAGE OF USD $10 IN ANNUAL INCOME OR SAVINGS FOR OUR CLIENTS FOR EVERY DOLLAR WE DEPLOY ACROSS OUR GLOBAL PORTFOLIO. UNDER THIS COMMITMENT, WE REPORT OUR SOCIAL RETURN ON INVESTMENT (SROI) OVER A THREE-YEAR ROLLING AVERAGE. IN THE PERIOD 2022-2024, WE ACHIEVED A GLOBAL AVERAGE OF USD $16.9 FOR EVERY DOLLAR INVESTED BY IDE, AND A GLOBAL AVERAGE ANNUAL HOUSEHOLD INCOME INCREASE OF USD $233 (PPP). BY THE END OF 2024, IDE'S EFFORTS HAVE IMPACTED OVER 44 MILLION PEOPLE SINCE OUR FOUNDING IN 1982 AND WE ARE COMMITTED TO GROWING OUR REACH AND IMPACT.

Program Service Accomplishments

Program 1
Expenses: $32,745,975 Revenue: $6,190,490

IDE IS A GLOBAL DEVELOPMENT ORGANIZATION THAT ADVANCES MARKET-BASED APPROACHES IN AGRICULTURE; ACCESS TO FINANCE; AND WATER, SANITATION AND HYGIENE (WASH) TO CREATE INCOME AND LIVELIHOOD...

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IDE IS A GLOBAL DEVELOPMENT ORGANIZATION THAT ADVANCES MARKET-BASED APPROACHES IN AGRICULTURE; ACCESS TO FINANCE; AND WATER, SANITATION AND HYGIENE (WASH) TO CREATE INCOME AND LIVELIHOOD OPPORTUNITIES FOR ECONOMICALLY AND SOCIALLY DISADVANTAGED HOUSEHOLDS. IDE HAS MADE A DIFFERENCE BY DEVELOPING INCLUSIVE MARKET ECOSYSTEMS THAT ALLOW MORE PEOPLE TO PARTICIPATE IN THE ECONOMY, EXERCISE CHOICE THROUGH ECONOMIC FREEDOM AND ACHIEVE THEIR ASPIRATIONS. IDE CREATES REAL CHANGE THAT GIVES PEOPLE THE POWER TO PROSPER ON THEIR OWN TERMS.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $36,936,065
Program Service Revenue $6,068,548
Investment Income $231,833
Other Revenue $121,942
TOTAL REVENUE $43,358,388

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,093,967
Fundraising Expenses $733,239
Program Expenses $32,745,975
Other Expenses $17,751,771
TOTAL EXPENSES $41,845,738

Year-over-Year Comparison

2024 2023 Change
Revenue $43,358,388 $38,502,550 +0.1%
Expenses $41,845,738 $37,014,858 +0.1%
Net Income $1,512,650 $1,487,692 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
72
Volunteers
17

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
6
$874,703
Total Directors
17
$0
Key Employees
2
$520,983
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT HILL CHAIRMAN 3.00
Officer Director
$0 $0 $0
MARK FITZGERALD TREASURER 1.00
Officer Director
$0 $0 $0
TOM EBLING VICE CHAIR 1.00
Officer Director
$0 $0 $0
LEE ADDAMS BOARD DIRECTOR 1.00
Director
$0 $0 $0
GERRY DYCK BOARD DIRECTOR 1.00
Director
$0 $0 $0
BILL FAST BOARD DIRECTOR 1.00
Director
$0 $0 $0
JUDITH HERMANSON BOARD DIRECTOR 3.00
Director
$0 $0 $0
SHASHWAT JHA BOARD DIRECTOR 1.00
Director
$0 $0 $0
VENKATA KISHORE BOARD DIRECTOR 1.00
Director
$0 $0 $0
RICK KWAN BOARD DIRECTOR 1.00
Director
$0 $0 $0
ALIX LEBEC BOARD DIRECTOR 1.00
Director
$0 $0 $0
CHANDRA MADRAMOOTOO BOARD DIRECTOR 2.00
Director
$0 $0 $0
RICK MAZUR BOARD DIRECTOR 1.00
Director
$0 $0 $0
LEN PENNER BOARD DIRECTOR 1.00
Director
$0 $0 $0
LINDA PORTER-COX BOARD DIRECTOR 1.00
Director
$0 $0 $0
JOYCE KING THOMAS BOARD DIRECTOR 2.00
Director
$0 $0 $0
ANA XIMENES BOARD DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH WELCH CEO 40.00
Officer
$419,692 $48,979 $468,671
JOHN PASSAUER VP, FINANCE 40.00
Officer
$176,358 $36,851 $213,209
KARRY DANGERFIELD VP, GLOBAL OPERATIONS 40.00
Officer
$159,603 $33,220 $192,823
DEEPAK KHADKA COUNTRY DIRECTOR, MOZAMBIQUE 40.00
Key Emp
$232,897 $73,464 $306,361
SAMEERK KARKI COUNTRY DIRECTOR, BANGLADESH 40.00
Key Emp
$189,450 $25,172 $214,622
KEVIN ROBBINS COUNTRY DIRECTOR, CAMBODIA 40.00
Highest
$167,774 $45,879 $213,653
COREY O'HARA CHIEF OF PARTY, MOZAMBIQUE 40.00
Highest
$168,192 $17,010 $185,202
KATHERINE KOCH VP. COMM. & MARKETING 40.00
Highest
$155,481 $26,137 $181,618
MICHEL DAUGUET SENIOR DIRECTOR, SOCIAL ENTERPRISES 40.00
Highest
$166,183 $15,943 $182,126
NADIA CAMPOS GLOBAL DIRECTOR, INNOVATION LAB 40.00
Highest
$166,211 $54,668 $220,879
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 $43,358,388 $41,845,738 $16,776,461 $1,512,650
2023 $38,502,550 $37,014,858 $19,100,254 $1,487,692
2022 $32,588,088 $30,762,546 $15,885,714 $1,825,542
2021 $24,447,894 $24,483,489 $15,376,587 $-35,595
2020 $24,185,355 $23,611,375 $13,169,780 $573,980
2019 $23,806,243 $23,005,575 $13,549,978 $800,668
2018 $24,194,849 $24,041,568 $12,597,200 $153,281
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