CENTER FOR GLOBAL DEVELOPMENT

EIN: 522351337 501(c)(3) Human Services

WASHINGTON, DC

Total Revenue
$15,676,977
Total Expenses
$21,030,372
Total Assets
$60,279,029
Net Assets
$48,958,190
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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
2001
Legal Domicile
DC
Principal Officer
RACHEL GLENNERSTER
Phone
2024164000
Tax Period
2023-01-01 to 2023-12-31

CENTER FOR GLOBAL DEVELOPMENT, founded in 2001, is a mid-sized nonprofit in the Human Services sector that reported $15.7M in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $21.0M exceeded revenue, resulting in a 34% operating deficit.

Mission

SEE PART III, LINE 1.

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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 $14,163,388
Program Service Revenue $397,602
Investment Income $1,100,604
Other Revenue $15,383
TOTAL REVENUE $15,676,977

Expense Breakdown

Grants Paid $4,145,569
Salaries & Benefits $11,781,146
Fundraising Expenses $673,042
Program Expenses $18,112,535
Other Expenses $5,103,657
TOTAL EXPENSES $21,030,372

Year-over-Year Comparison

2023 2022 Change
Revenue $15,676,977 $21,731,642 -0.3%
Expenses $21,030,372 $19,682,028 +0.1%
Net Income $-5,353,395 $2,049,614 -3.6%
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
23
Independent Members
22
Employees
93
Volunteers
25

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
7
$1,582,664
Total Directors
26
$581,510
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MASOOD AHMED PRESIDENT 40.00
Officer Director
$514,364 $67,146 $581,510
LAWRENCE SUMMERS CHAIR 0.50
Officer Director
$0 $0 $0
EDWARD SCOTT CHAIR EMERITUS 0.50
Officer Director
$0 $0 $0
AMRITA AHUJA DIRECTOR 0.50
Director
$0 $0 $0
CAROLINE ATKINSON DIRECTOR 0.50
Director
$0 $0 $0
BERTRAND BADRE DIRECTOR 0.50
Director
$0 $0 $0
AFSANEH BESCHLOSS DIRECTOR 0.50
Director
$0 $0 $0
NANCY BIRDSALL DIRECTOR 0.50
Director
$0 $0 $0
GEORGE W CASEY JR DIRECTOR 0.50
Director
$0 $0 $0
MARY-ANN ETIEBET DIRECTOR 0.50
Director
$0 $0 $0
DEBRA FINE DIRECTOR 0.50
Director
$0 $0 $0
TONY FRATTO DIRECTOR 0.50
Director
$0 $0 $0
DAVID F GORDON DIRECTOR, (UNTIL 11/30/23) 0.50
Director
$0 $0 $0
BRADLEY HORWITZ DIRECTOR, (UNTIL 4/30/23) 0.50
Director
$0 $0 $0
STEPHEN T ISAACS DIRECTOR 0.50
Director
$0 $0 $0
DONALD KABERUKA DIRECTOR 0.50
Director
$0 $0 $0
JOHN LIPSKY DIRECTOR 0.50
Director
$0 $0 $0
DAVID MARCHICK DIRECTOR 0.50
Director
$0 $0 $0
ROBERTY MCCARTHY DIRECTOR 0.50
Director
$0 $0 $0
LUIS ALBERTO MORENO DIRECTOR 0.50
Director
$0 $0 $0
BOBBY J PITTMAN DIRECTOR 0.50
Director
$0 $0 $0
SHUBHI RAO DIRECTOR 0.50
Director
$0 $0 $0
DALEEP SINGH DIRECTOR 0.50
Director
$0 $0 $0
SMITA SINGH DIRECTOR, (UNTIL 4/30/23) 0.50
Director
$0 $0 $0
KAREN SPENCER DIRECTOR 0.50
Director
$0 $0 $0
JUDY WOODRUFF DIRECTOR 0.50
Director
$0 $0 $0
ELLEN MACKENZIE CFO, VP OF ADMIN / TREASURER 40.00
Officer
$284,916 $59,385 $344,301
MARK PLANT INTERIM COO & SENIOR FELLOW 40.00
Officer
$249,625 $36,976 $286,601
AMANDA GLASSMAN--COO EXEC VP & SR. FELLOW(UNTIL 5/31/23) 40.00
Officer
$170,153 $18,696 $188,849
KENDRA WHITE SENIOR DIA/SECRETARY 40.00
Officer
$150,826 $30,577 $181,403
CHARLES KENNY SENIOR FELLOW 40.00
Highest
$229,244 $56,286 $285,530
NANCY LEE DIR. OF SDFP & SENIOR FELLOW 40.00
Highest
$229,667 $34,403 $264,070
JAVIER GUZMAN CRUZ DIR. OF GHPP & SENIOR FELLOW 40.00
Highest
$204,334 $53,267 $257,601
JUSTIN SANDEFUR SENIOR FELLOW 40.00
Highest
$201,250 $53,657 $254,907
KEHINDE AJAYI DIR. OF GEIP & SENIOR FELLOW 40.00
Highest
$216,341 $35,593 $251,934
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 $15,676,977 $21,030,372 $60,279,029 $-5,353,395
2022 $21,731,642 $19,682,028 $63,112,891 $2,049,614
2021 $14,319,773 $19,976,033 $65,777,264 $-5,656,260
2020 $28,135,296 $20,523,042 $73,335,379 $7,612,254
2019 $15,110,548 $20,324,850 $65,162,640 $-5,214,302
2018 $31,629,089 $16,900,166 $68,755,458 $14,728,923
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