GLOBAL INITIATIVE FOR ECONOMIC SOCIAL AND CULTURAL RIGHTS

EIN: 273685756 501(c)(3) International Affairs

MINNEAPOLIS, MN

Total Revenue
$1,523,230
Total Expenses
$1,081,797
Total Assets
$2,081,333
Net Assets
$2,025,512
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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
MN
Principal Officer
MAGDALENA SEPULVEDA CARMO
Phone
8507452392
Tax Period
2023-01-01 to 2023-12-31

GLOBAL INITIATIVE FOR ECONOMIC SOCIAL AND CULTURAL RIGHTS, founded in 2010, is a community nonprofit in the International Affairs sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 106% from the prior year, signaling strong growth momentum. The organization ran a surplus of $441K, a strong 29% operating margin.

Mission

STRENGTHEN THE INTERNATIONAL HUMAN RIGHTS FRAMEWORK THROUGH CREATIVE STANDARD-SETTING, SO THAT THE FRAMEWORK REFLECTS THE EXPERIENCES, NEEDS AND ASPIRATIONS OF MARGINALISED INDIVIDUALS, GROUPS AND COMMUNITIES.PARTNER WITH ADVOCATES, SOCIAL MOVEMENTS AND GRASSROOTS COMMUNITIES AT NATIONAL AND LOCAL LEVELS TO MORE EFFECTIVELY CLAIM AND ENFORCE ESC RIGHTS, INCLUDING BY ENGAGING INTERNATIONAL MECHANISMS FOR LOCAL IMPACT.CONTRIBUTE TO THE EFFECTIVE IMPLEMENTATION OF ESC RIGHTS SO THAT EVERYONE IS ABLE TO FULLY ENJOY THEIR ESC RIGHTS IN PRACTICE, AND ARE ABLE TO DO SO WITHOUT DISCRIMINATION AND ON THE BASIS OF EQUALITY.PROVIDE INNOVATIVE TOOLS TO POLICY MAKERS, DEVELOPMENT ACTORS AND OTHERS ON THE PRACTICAL IMPLEMENTATION AND REALISATION OF ESC RIGHTS.ENFORCE ESC RIGHTS THROUGH INTERNATIONAL, REGIONAL AND NATIONAL MECHANISMS AND SEEK REMEDIES FOR VIOLATIONS OF THESE RIGHTS, WITH A FOCUS ON CREATING BENEFICIAL JURISPRUDENCE AIMED AT TRANSFORMATIVE CHANGE.ENGAGE NETWORKS OF HUMAN RIGHTS, WOMEN

Program Service Accomplishments

Program 1
Expenses: $514,298

REVERSE THE COMMERCIALIZATION OF PUBLIC SERVICES:DURING 2023, WE TOOK THE LEAD IN BUILDING AND MOBILISING AN INTERDISCIPLINARY MOVEMENT TO CONFRONT THE POWERFUL INTERESTS AND INSTITUTIONS THAT DRIVE...

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REVERSE THE COMMERCIALIZATION OF PUBLIC SERVICES:DURING 2023, WE TOOK THE LEAD IN BUILDING AND MOBILISING AN INTERDISCIPLINARY MOVEMENT TO CONFRONT THE POWERFUL INTERESTS AND INSTITUTIONS THAT DRIVE COMMERCIALISATION OF SERVICES ASSOCIATED WITH ECONOMIC, SOCIAL, CULTURAL, AND ENVIRONMENTAL RIGHTS SUCH AS EDUCATION AND HEALTHCARE. IN VARIOUS INTERNATIONAL FORA WE CALLED FOR UNIVERSAL ACCESS TO HIGH-QUALITY, GENDER TRANSFORMATIVE, AND EQUITABLE PUBLIC SERVICES AS THE FOUNDATION OF A FAIR AND JUST SOCIETY.

Program 2
Expenses: $194,164

FISCAL JUSTICE:DURING 2023, PROMOTED TAX COOPERATION AND ACTIVELY PARTICIPATED IN GLOBAL DISCUSSIONS TO REFORM THE INTERNATIONAL TAX SYSTEM. AT REGIONAL AND INTERNATIONAL LEVELS, WE CAMPAIGNED...

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FISCAL JUSTICE:DURING 2023, PROMOTED TAX COOPERATION AND ACTIVELY PARTICIPATED IN GLOBAL DISCUSSIONS TO REFORM THE INTERNATIONAL TAX SYSTEM. AT REGIONAL AND INTERNATIONAL LEVELS, WE CAMPAIGNED EFFECTIVELY TO INTEGRATE HUMAN RIGHTS PRINCIPLES IN FISCAL POLICY AND DECISION-MAKING. WE URGED GOVERNMENTS TO ADOPT PROGRESSIVE TAX SYSTEMS THAT WOULD ENABLE THEM TO INVEST IN PUBLIC SERVICES, TACKLE GENDER DISPARITIES, AND ADDRESS THE CLIMATE CRISIS. IN NOVEMBER, THE EFFORTS REACHED A CLIMAX WHEN THE UNITED NATIONS ADOPTED A LANDMARK RESOLUTION ON INTERNATIONAL TAXATION WITH SUPPORT FROM 125 COUNTRIES.

Program 3
Expenses: $183,369

ENVIRONMENTAL BREAKDOWN & JUST TRANSITIONSDURING 2023, WE RAISED AWAIRNESS THAT DECARBONISATION MUST BE ADEQUATELY FINANCED AND ALIGNED WITH, INFORMED BY, AND INFLUENCED BY HUMAN RIGHTS PRINCIPLES...

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ENVIRONMENTAL BREAKDOWN & JUST TRANSITIONSDURING 2023, WE RAISED AWAIRNESS THAT DECARBONISATION MUST BE ADEQUATELY FINANCED AND ALIGNED WITH, INFORMED BY, AND INFLUENCED BY HUMAN RIGHTS PRINCIPLES. WE WERE ACTIVE IN THE GENEVA DIALOGUES ON HUMAN RIGHTS AND CLIMATE CHANGE, WHERE WE PROPOSED JUST TRANSITION RECOMMENDATIONS TO UN HUMAN RIGHTS MONITORING BODIES. WE PRODUCED SEVERAL PUBLICATIONS AND CAPACITY-BUILDING MATERIALS TO SUPPORT THE EFFORTS OF THE CLIMATE JUSTICE MOVEMENT TO INFLUENCE UN HUMAN RIGHTS INSTITUTIONS. WE ALSO PARTICIPATED IN GLOBAL AND REGIONAL CLIMATE NEGOTIATIONS. WE ACTIVELY PARTICIPATED IN THE BONN CLIMATE CHANGE CONFERENCE, IN THE CLIMATE WEEK FOR LATIN AMERICA AND THE CARIBBEAN, AND IN THE UNFCCC CONFERENCE OF PARTIES (COP29) IN DUBAI.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,506,524
Program Service Revenue $0
Investment Income $7,850
Other Revenue $8,856
TOTAL REVENUE $1,523,230

Expense Breakdown

Grants Paid $58,555
Salaries & Benefits $279,200
Fundraising Expenses $27,583
Program Expenses $950,794
Other Expenses $744,042
TOTAL EXPENSES $1,081,797

Year-over-Year Comparison

2023 2022 Change
Revenue $1,523,230 $739,899 +1.1%
Expenses $1,081,797 $1,172,252 -0.1%
Net Income $441,433 $-432,353 -2.0%
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
7
Independent Members
7
Employees
N/A
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
6
$303,990
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARCOS ORELLANA CHAIR 0.50
Officer Director
$0 $0 $0
RACHEL MOUSSIE BOARD MEMBER / CHAIR 0.50
Director
$0 $0 $0
ALLAN MALECHE VICE CHAIR 0.50
Officer Director
$0 $0 $0
KATE DONALD SECRETARY 0.50
Officer Director
$0 $0 $0
JOSE FIOCCA TREASURER / BOARD MEMBER 0.50
Officer Director
$0 $0 $0
DARIA ROACH BOARD MEMBER / TREASURER 0.50
Director
$0 $0 $0
RADHIKA BALAKRISHNAN BOARD MEMBER 0.50
Director
$0 $0 $0
MAGDALENA SEPULVEDA CARMONA EXECUTIVE DIRECTOR 40.00
Officer
$180,000 $20,062 $200,062
JOSE ANTONIO GUEVARA DEPUTY DIRECTOR 40.00
Officer
$99,200 $4,728 $103,928
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 No data No data No data No data
2023 $1,523,230 $1,081,797 $2,081,333 $441,433
2022 $739,899 $1,172,252 $1,615,662 $-432,353
2021 $1,768,109 $824,435 $2,054,562 $943,674
2020 $1,193,149 $662,168 $1,111,651 $530,981
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