CAREY INSTITUTE FOR GLOBAL GOOD INC

EIN: 453805249 501(c)(3) International Affairs

RENSSELAERVILLE, NY

Total Revenue
$193,593
Total Expenses
$389,620
Total Assets
$3,785,585
Net Assets
$3,769,923
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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
2011
Legal Domicile
NY
Principal Officer
VIRGINIA THOMSON
Phone
5187975100
Tax Period
2023-01-01 to 2023-12-31

CAREY INSTITUTE FOR GLOBAL GOOD INC, founded in 2011, is a small nonprofit in the International Affairs sector that reported $194K in total revenue in fiscal year 2023. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $390K exceeded revenue, resulting in a 101% operating deficit.

Mission

TO ENGAGE IN CHARITABLE, EDUCATIONAL, SCIENTIFIC OR LITERARY PURPOSES. IN FURTHERANCE, THE CORPORATION MAY, ALONE OR IN COOPERATION WITH OTHER ENTITIES OR PERSONS, FACILITATE THOUGHTFUL DISCUSSION AND DEBATE ON IMPORTANT ISSUES OF STATE, NATIONAL AND INTERNATIONAL RELEVANCE IN ORDER TO ADVANCE THE PUBLIC'S UNDERSTANDING OF SUCH TOPICS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $155,512
Program Service Revenue $0
Investment Income $-10,151
Other Revenue $48,232
TOTAL REVENUE $193,593

Expense Breakdown

Grants Paid $0
Salaries & Benefits $103,662
Fundraising Expenses $0
Other Expenses $285,958
TOTAL EXPENSES $389,620

Year-over-Year Comparison

2023 2022 Change
Revenue $193,593 $1,077,310 -0.8%
Expenses $389,620 $1,188,705 -0.7%
Net Income $-196,027 $-111,395 +0.8%
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
8
Independent Members
6
Employees
8
Volunteers
6

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
$11,567
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL ASH CHAIR 4.00
Officer Director
$0 $0 $0
KENNETH STORMS SECRETARY & TREASURER 4.00
Officer Director
$0 $0 $0
PHILIP GITLEN BOARD OF DIRECTOR 4.00
Director
$0 $0 $0
DOUG PARVIS BOARD OF DIRECTOR 4.00
Director
$0 $0 $0
SUZANNE WALSH BOARD OF DIRECTOR 4.00
Director
$0 $0 $0
MARGARET BREEN BOARD OF DIRECTOR 4.00
Director
$0 $0 $0
VIRGINIA THOMSON BOARD OF DIRECTOR 4.00
Director
$0 $0 $0
GARETH CRAWFORD PRESIDENT 40.00
Officer
$9,640 $1,927 $11,567
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 $193,593 $389,620 $3,785,585 $-196,027
2022 $1,077,310 $1,188,705 $3,911,227 $-111,395
2021 $1,318,719 $1,389,177 $4,628,879 $-70,458
2020 $2,167,736 $1,974,087 $4,785,067 $193,649
2019 $2,402,699 $3,147,259 $4,733,581 $-744,560
2018 $2,178,619 $2,934,110 $5,474,033 $-755,491
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