GLOBAL ENTREPRENEURSHIP NETWORK

🔒

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

2001

Legal Domicile

Principal Officer

JONATHAN ORTMANS

Phone

2026834100

Tax Period

2023-01-01 to 2023-12-31

GLOBAL ENTREPRENEURSHIP NETWORK, founded in 2001, is a mid-sized nonprofit in the Education sector that reported $17.8M in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $15.4M left a modest 13% surplus.

Mission

THE GLOBAL ENTREPRENEURSHIP NETWORK OPERATES PROGRAMS IN 180 COUNTRIES AIMED AT MAKING IT EASIER FOR ANYONE, ANYWHERE TO START AND SCALE A BUSINESS. BY FOSTERING DEEPER CROSS-BORDER COLLABORATION BETWEEN ENTREPRENEURS, RESEARCHERS, POLICYMAKERS AND ENTREPRENEURIAL SUPPORT ORGANIZATIONS, GEN WORKS TO FUEL HEALTHIER START AND SCALE ECOSYSTEMS THAT CREATE MORE JOBS, EDUCATE INDIVIDUALS, ACCELERATE INNOVATION AND STRENGTHEN ECONOMIC GROWTH. GEN ENSURES MEMBERS HAVE UNCOMMON ACCESS TO THE MOST RELEVANT KNOWLEDGE,NETWORKS, COMMUNITIES AND PROGRAMS. A MAJOR FOCUS OF GEN'S WORK IS IN IDENTIFYING AND REMOVING BARRIERS TO ENTREPRENEURSHIP FACED BY HISTORICALLY UNDERREPRESENTED COMMUNITIES, INCLUDING ECONOMICALLY DISADVANTAGED COMMUNITIES AT RISK OF DETERIORATION LGBTQ+, WOMEN, LATINX, BLACK AND VETERANS COMMUNITIES. WITH MOST NET NEW JOBS COMING FROM FIRMS LESS THAN 5 YEARS OLD, GEN WORKS TO FOSTER MORE INCLUSIVE AND SUSTAINABLE ENTREPRENEURIAL ECOSYSTEMS THAT CAN ASSIST IN REDUCING THE BURDEN O

Program Service Accomplishments

Program 1

Expenses: $11,638,187

SMALL BUSINESS GRANTS AND ACCESS TO CREDIT PROGRAM: GEN'S GRANT AND EQUITABLE ACCESS TO CREDIT PROGRAM HELPS SMALL BUSINESSES, ESPECIALLY FROM DISADVANTAGED COMMUNITIES, IN THEIR JOURNEY TO...

SMALL BUSINESS GRANTS AND ACCESS TO CREDIT PROGRAM: GEN'S GRANT AND EQUITABLE ACCESS TO CREDIT PROGRAM HELPS SMALL BUSINESSES, ESPECIALLY FROM DISADVANTAGED COMMUNITIES, IN THEIR JOURNEY TO SUSTAINABILITY, GROWTH AND HIRING MORE AMERICANS. THROUGH PARTNERSHIPS WITH PHILANTHROPY, GEN PROVIDES SMALL GRANTS TO ENTREPRENEURS IN NEED WHO GEN SEES AS HAVING STRONG POTENTIAL AS FUTURE EMPLOYERS IN THEIR COMMUNITIES. GEN, THROUGH ITS PARTNERSHIP WITH THE HELLO ALICE PLATFORM AND PHILANTHROPIC FUNDERS, ALSO PROVIDES CREDIT AND TECHNICAL ASSISTANCE FOR THOSE SEEKING TO IMPROVE THEIR CREDIT SCORE IN ORDER TO QUALIFY FOR TRADITIONAL BANK AND SBA LOANS TO SUPPORT THEIR BUSINESS.

Program 2

Expenses: $1,626,555

ENTREPRENEURSHIP WORLD CUP (EWC): THE EWC SUPPORTS ENTREPRENEURS WITH A NO-STRINGS-ATTACHED CASH PRIZE INCENTIVE TO FURTHER DEVELOP THEIR IDEAS AND WITH GEN'S HELP AND THE HELP OF PEERS, BECOME MORE LIKELY TO SUCCEED. MANY OF THOSE WHO APPLY COME FROM COMMUNITIES WHERE TALENT IS PLENTIFUL BUT OPPORTUNITY IS NOT. EWC ATTRACTS ENTREPRENEURS WHO DO GOOD WHILE SEEKING TO DO WELL. FOR EXAMPLE, AN INCREASING NUMBER OF APPLICANTS FOCUS ON SOLUTIONS TO EVERYDAY PROBLEMS THAT IMPROVE THE ENVIRONMENT AND HELP ACHIEVE CLIMATE AND SUSTAINABILITY GOALS. RESOURCES ARE SPENT ON SUPPORTING ENTREPRENEURS, PRIZES AND THE COSTS OF GATHERING THEM IN PERSON ONCE A YEAR AS A PEER NETWORK.

Program 3

Expenses: $1,351,279

GLOBAL ENTREPRENEURSHIP WEEK (GEW): GEW INSPIRES MORE AMERICANS AND CITIZENS FROM OTHER COUNTRIES TO CONSIDER THE PATH OF ENTREPRENEURSHIP. ORGANIZATIONS ACTIVELY SUPPORTING ENTREPRENEURS HOST A...

GLOBAL ENTREPRENEURSHIP WEEK (GEW): GEW INSPIRES MORE AMERICANS AND CITIZENS FROM OTHER COUNTRIES TO CONSIDER THE PATH OF ENTREPRENEURSHIP. ORGANIZATIONS ACTIVELY SUPPORTING ENTREPRENEURS HOST A FESTIVAL-TYPE CAMPAIGN WITH LIVE AND VIRTUAL EVENTS IN COMMUNITIES EVERYWHERE THAT INVITE ORDINARY CITIZENS TO BETTER UNDERSTAND WHAT LOCAL, NATIONAL AND GLOBAL RESOURCES ARE AVAILABLE TO THEM. PROGRAM RESOURCES ARE USED TO ESTABLISH PARTNERSHIPS WITH ORGANIZATIONS AND VOLUNTEER CAMPAIGN LEADERS WHO HOST ACTIVITIES FOR THE PUBLIC - ESPECIALLY WOMEN AND YOUTH AND THOSE WHO HAVE HISTORICALLY BEEN LEFT OUT FROM DISTRESSED COMMUNITIES IN THE UNITED STATES. THE CAMPAIGN IS ANCHORED BY THE KAUFFMAN FOUNDATION IN KANSAS CITY.

🔒

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 $17,792,507

Program Service Revenue $0

Investment Income $14,646

Other Revenue $16,000

TOTAL REVENUE $17,823,153

Expense Breakdown

Grants Paid $10,536,000

Salaries & Benefits $1,777,894

Fundraising Expenses $0

Program Expenses $15,305,980

Other Expenses $3,117,276

TOTAL EXPENSES $15,431,170

Year-over-Year Comparison

	2023	2022	Change
Revenue	$17,823,153	$12,304,430	+0.4%
Expenses	$15,431,170	$12,029,707	+0.3%
Net Income	$2,391,983	$274,723	+7.7%

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

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

$616,124

Total Directors