Networks of Change

EIN: 462159206 501(c)(3) International Affairs

Perryville, MD

Total Revenue
$125
Total Expenses
$439,341
Total Assets
$8,640
Net Assets
$8,156
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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
2012
Legal Domicile
MD
Principal Officer
Networks of Change
Phone
4432063702
Tax Period
2022-10-01 to 2023-09-30

Networks of Change, founded in 2012, is a micro nonprofit in the International Affairs sector that reported $125 in total revenue in fiscal year 2022. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $439K exceeded revenue, resulting in a 351373% operating deficit.

Mission

Networks of Change strengthens the skills of human rights advocates and civil society organizations in order to advance their capacity to achieve positive social change using traditional social and new media and outreach strategies to inform and engage communities around the world.

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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 (2022)

Revenue Breakdown

Contributions & Grants $125
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $125

Expense Breakdown

Grants Paid $0
Salaries & Benefits $107,795
Fundraising Expenses $0
Program Expenses $418,659
Other Expenses $331,546
TOTAL EXPENSES $439,341

Year-over-Year Comparison

2022 2021 Change
Revenue $125 $106 +0.2%
Expenses $439,341 $249,996 +0.8%
Net Income $-439,216 $-249,890 +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
4
Independent Members
4
Employees
3
Volunteers
N/A

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
$46,482
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ria Burghardt Corporate Secretary and Exe Director 24.00
Officer
$46,482 $0 $46,482
Jennifer Rasmussen Board Chairperson 1.00
Officer
$0 $0 $0
Mark Bromley Treasurer 1.00
Officer
$0 $0 $0
Duncan Furey Board of Directors 5.00
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
2023 $125 $439,341 $8,640 $-439,216
2022 $106 $249,996 $447,928 $-249,890
2021 $493,938 $143,280 $697,617 $350,658
2020 $348,582 $94,845 $352,960 $253,737
2020 $348,582 $94,845 $352,960 $253,737
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