GLOBAL FOUNDATION FOR DEMOCRACY & DEVELOPMENT INC (EIN 460485203) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

NATASHA DESPOTOVIC

Phone

2127515000

Tax Period

2023-01-01 to 2023-12-31

GLOBAL FOUNDATION FOR DEMOCRACY & DEVELOPMENT INC, founded in 2002, is a community nonprofit in the Public & Societal Benefit sector that reported $1.3M in total revenue in fiscal year 2023. The organization ran a surplus of $205K, a strong 16% operating margin.

Mission

DEVELOPING COLLABORATION BETWEEN ORGANIZATIONS IN THE U.S. AND THE DOMINICAN REPUBLIC.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,302,762

Program Service Revenue $372

Investment Income $0

Other Revenue $2,296

TOTAL REVENUE $1,305,430

Expense Breakdown

Grants Paid $0

Salaries & Benefits $356,869

Fundraising Expenses $148,177

Program Expenses $450,785

Other Expenses $743,252

TOTAL EXPENSES $1,100,121

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,305,430	$1,235,076	+0.1%
Expenses	$1,100,121	$1,234,753	-0.1%
Net Income	$205,309	$323	+634.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$165,671

Total Directors

$165,671

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NATASHA DESPOTOVIC	EXECUTIVE DIRECTOR/TREASURER	40.00	Officer Director	$155,253	$10,418	$165,671
DR LEONEL FERNANDEZ	PRESIDENT	1.00	Officer Director	$0	$0	$0
YAMILE EUSEBIO	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDER ANDUJAR JR	DIRECTOR	1.00	Director	$0	$0	$0
DALCIO ANDUJAR JR	DIRECTOR	1.00	Director	$0	$0	$0
RODOLFO FUERTES	DIRECTOR	1.00	Director	$0	$0	$0
HECTOR DIONISIO PEREZ	DIRECTOR	1.00	Director	$0	$0	$0
JOSE J ZAITER	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$1,305,430	$1,100,121	$952,558	$205,309
2022	$1,235,076	$1,234,753	$1,261,584	$323
2021	$896,715	$952,353	$299,572	$-55,638
2020	$960,676	$1,071,853	$332,468	$-111,177
2019	$1,663,687	$1,802,240	$225,545	$-138,553
2018	$1,893,093	$1,800,076	$289,982	$93,017

GLOBAL FOUNDATION FOR DEMOCRACY & DEVELOPMENT INC