GROUP OF 50 FOUNDATION INC

EIN: 271441903 Community Improvement

WASHINGTON, DC

Total Revenue
$107,129
Total Expenses
$371,589
Total Assets
$2,131,628
Net Assets
$2,128,449
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
DC
Principal Officer
ANDRES NAIM
Phone
3019225962
Tax Period
2024-01-01 to 2024-12-31

GROUP OF 50 FOUNDATION INC, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $107K in total revenue in fiscal year 2024. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $372K exceeded revenue, resulting in a 247% operating deficit.

Mission

THE GROUP OF 50 IS AN INDEPENDENT, NON-PROFIT ORGANIZATION AND HAS NO PARTISAN, IDEOLOGICAL, RELIGIOUS, OR COMMERCIAL AFFILIATIONS OF ANY KIND. ITS MEMBERS ARE SELECTED NOT ONLY FOR THE SUCCESS OF THEIR ENTERPRISES BUT ALSO FOR THEIR COMMITMENT TO THE ECONOMIC DEVELOPMENT OF THE AMERICAS AND THEIR IMPECCABLE REPUTATION FOR ETHICAL BUSINESS BEHAVIOR, THE G50 MEMBERS ARE ALSO SOME OF THE LEADING PHILANTHROPISTS IN THE WESTERN HEMISPHERE. THE G50'S PRIVATE MEETINGS HAVE BECOME LEADING FORUMS FOR EXCHANGING IDEAS AND EXPERIENCES IN RESPONSE TO THE POLITICAL, ECONOMIC, AND SOCIAL TRENDS AFFECTING IBERO-AMERICA AND THE WORLD. THE GROUP ALSO INCLUDES THE MILLENNIUM LEADERS OF THE GROUP OF 50 (ML50), A SELECT GROUP OF ENTREPRENEURS UNDER 40 WHO ARE ALREADY INFLUENTIAL BUSINESS FIGURES IN THE REGION.

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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 $0
Program Service Revenue $0
Investment Income $106,595
Other Revenue $534
TOTAL REVENUE $107,129

Expense Breakdown

Grants Paid $13,500
Salaries & Benefits $288,625
Fundraising Expenses $0
Program Expenses $264,667
Other Expenses $69,464
TOTAL EXPENSES $371,589

Year-over-Year Comparison

2024 2023 Change
Revenue $107,129 $1,145,313 -0.9%
Expenses $371,589 $1,088,616 -0.7%
Net Income $-264,460 $56,697 -5.7%
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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Governance

Voting Members
3
Independent Members
2
Employees
3
Volunteers
2

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
$178,902
Total Directors
3
$87,083
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARIANELLA MORALES EXECUTIVE DIRECTOR UNTIL SEPTEMBER 2024 50
Officer
$78,727 $13,092 $91,819
ANDRES NAIM EXECUTIVE DIRECTOR SINCE SEPTEMBER 2024 35
Officer Director
$87,083 $0 $87,083
MOISES NAIM CHAIRMAN 5
Officer Director
$0 $0 $0
FRANCISCO J GONZALEZ BOARD MEMBER 1
Director
$0 $0 $0
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 $107,129 $371,589 $2,131,628 $-264,460
2023 $1,145,313 $1,088,616 $2,394,562 $56,697
2022 $112,532 $470,497 $2,347,116 $-357,965
2021 $794,958 $503,428 $2,694,195 $291,530
2020 $937,375 $650,732 $2,399,010 $286,643
2019 $1,617,733 $1,361,331 $2,166,762 $256,402
2018 $1,565,609 $1,447,164 $1,763,609 $118,445
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