THE GOVERNMENT AFFAIRS INSTITUTE AT GEORGETOWN UNIVERSITY

EIN: 521943698 501(c)(3) Public & Societal Benefit

WASHINGTON, DC

Total Revenue
$3,236,179
Total Expenses
$3,013,853
Total Assets
$5,488,512
Net Assets
$4,405,111
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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
1995
Legal Domicile
DC
Principal Officer
WORTH HESTER
Phone
2023334838
Tax Period
2023-07-01 to 2024-06-30

THE GOVERNMENT AFFAIRS INSTITUTE AT GEORGETOWN UNIVERSITY, founded in 1995, is a community nonprofit in the Public & Societal Benefit sector that reported $3.2M in total revenue in fiscal year 2023. Expenses of $3.0M left a modest 7% surplus.

Mission

CREATE AND PROVIDE EDUCATIONAL COURSES FOR FEDERAL, STATE AND LOCAL GOVERNMENT EMPLOYEES.

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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 $0
Program Service Revenue $3,034,336
Investment Income $196,481
Other Revenue $5,362
TOTAL REVENUE $3,236,179

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,921,108
Fundraising Expenses $0
Program Expenses $2,494,334
Other Expenses $1,092,745
TOTAL EXPENSES $3,013,853

Year-over-Year Comparison

2023 2022 Change
Revenue $3,236,179 $3,098,537 +0.0%
Expenses $3,013,853 $2,839,564 +0.1%
Net Income $222,326 $258,973 -0.1%
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
9
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
5
$437,816
Total Directors
10
$599,524
Key Employees
1
$229,227
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTIN NICHOLSON GAI DIRECTOR 42.50
Director
$253,958 $59,363 $313,321
KENNETH GOLD PRESIDENT 1.00
Officer Director
$0 $0 $0
WORTH HESTER JR VICE PRESIDENT 42.50
Officer Director
$252,169 $34,034 $286,203
SUSAN LAGON SECRETARY 0.50
Officer Director
$0 $0 $0
JAMES HERSHMAN TREASURER 0.50
Officer Director
$0 $0 $0
WILLIAM HILLEARY DIRECTOR 0.50
Director
$0 $0 $0
MARK NADEL DIRECTOR 0.50
Director
$0 $0 $0
BENJAMIN NICHOLSON DIRECTOR 0.50
Director
$0 $0 $0
REBECCA SCHMIDT DIRECTOR 0.50
Director
$0 $0 $0
CEDRIC SHERIDAN DIRECTOR 0.50
Director
$0 $0 $0
MEG TICE DIRECTOR OF FINANCE 42.50
Officer
$129,213 $22,400 $151,613
MARK HARKINS SENIOR FELLOW 42.50
Key Emp
$203,967 $25,260 $229,227
LAURA E BLESSING SENIOR FELLOW 40.00
Highest
$130,950 $21,829 $152,779
KATINA E SLAVKOVA SENIOR FELLOW 40.00
Highest
$126,677 $19,113 $145,790
MATTHEW E GLASSMAN SENIOR FELLOW 40.00
Highest
$173,242 $49,718 $222,960
JOSHUA C HUDER SENIOR FELLOW 40.00
Highest
$173,098 $25,764 $198,862
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
2025 No data No data No data No data
2024 $3,236,179 $3,013,853 $5,488,512 $222,326
2023 $3,098,537 $2,839,564 $4,911,144 $258,973
2022 $2,569,199 $2,461,629 $4,312,105 $107,570
2021 $2,689,531 $2,728,602 $4,885,027 $-39,071
2020 $2,184,624 $2,299,064 $4,514,265 $-114,440
2019 $3,033,424 $3,070,460 $4,528,992 $-37,036
2018 $2,642,514 $2,631,369 $4,307,011 $11,145
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