Global Good Fund

EIN: 461495972 501(c)(3) Public & Societal Benefit

Glenwood, MD

Total Revenue
$1,496,715
Total Expenses
$1,640,058
Total Assets
$1,107,831
Net Assets
$1,037,953
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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
2013
Legal Domicile
VA
Principal Officer
Carrie Rich
Tax Period
2023-01-01 to 2023-12-31

Global Good Fund, founded in 2013, is a community nonprofit in the Public & Societal Benefit sector that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring.

Mission

Accelerate the development of high potential young leaders to achieve out-sized social impact.

Program Service Accomplishments

Program 1
Expenses: $746,684

Fellowship program provides resources and tools to high potential, young social entrepreneurs. It is a 15 month program that includes leadership assessment tools, executive coaching services...

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Fellowship program provides resources and tools to high potential, young social entrepreneurs. It is a 15 month program that includes leadership assessment tools, executive coaching services, leadership development planning, annual summit, mentorship, networking opportunities, and staff support services. Since 2013, our signature Global Good Fund Fellowship has developed 105 leaders who are now accelerating their enterprise growth in 30 countries and beyond. Together we build a strong and sustainable community around the world to generate more global good every day.

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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 $1,401,645
Program Service Revenue $63,502
Investment Income $31,568
Other Revenue $0
TOTAL REVENUE $1,496,715

Expense Breakdown

Grants Paid $132,500
Salaries & Benefits $693,876
Fundraising Expenses $429,644
Program Expenses $746,684
Other Expenses $813,682
TOTAL EXPENSES $1,640,058

Year-over-Year Comparison

2023 2022 Change
Revenue $1,496,715 $2,040,385 -0.3%
Expenses $1,640,058 $2,475,200 -0.3%
Net Income $-143,343 $-434,815 -0.7%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
9
Employees
7
Volunteers
75

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
$322,500
Total Directors
10
$322,500
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carrie Rich Director CEO President 0.00
Officer Director
$303,000 $19,500 $322,500
Sharon Gruber Senior Advisor 0.00
Highest
$112,267 $0 $112,267
Patricia Obermaier Director 0.00
Director
$0 $0 $0
Dan Kotter Director 0.00
Director
$0 $0 $0
Kristen Chou Director 0.00
Director
$0 $0 $0
Kim Lewis Director 0.00
Director
$0 $0 $0
Knox Singleton Director 0.00
Director
$0 $0 $0
Rachael Watson Director 0.00
Director
$0 $0 $0
Fred Thompson Jr Director 0.00
Director
$0 $0 $0
Peter Page Chairman 0.00
Officer Director
$0 $0 $0
Jerry Buckley Secretary & Treasurer 0.00
Officer 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 $1,496,715 $1,640,058 $1,107,831 $-143,343
2022 $2,040,385 $2,475,200 $1,426,602 $-434,815
2021 $1,532,281 $1,489,979 $1,975,379 $42,302
2020 $739,017 $1,564,839 $1,834,293 $-825,822
2019 $3,211,714 $1,617,589 $2,551,264 $1,594,125
2018 $834,865 $2,069,063 $1,031,358 $-1,234,198
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