SOCIETY FOR INTERNATIONAL DEVELOPMENT SID

EIN: 530260526 501(c)(3) International Affairs

Washington, DC

Total Revenue
$1,509,954
Total Expenses
$1,483,692
Total Assets
$1,620,640
Net Assets
$-892,263
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
DC
Principal Officer
Stefano Prato
Phone
3964872172
Tax Period
2023-01-01 to 2023-12-31

SOCIETY FOR INTERNATIONAL DEVELOPMENT SID, founded in 1958, is a community nonprofit in the International Affairs sector that reported $1.5M in total revenue in fiscal year 2023.

Mission

Education and scientific contribution to development issues. More specifically to: (a)Encourage, support and facilitate the creation at the local, national, regional and international level of a sense of community amongst individuals and organizations committed to development; (b)Promote international dialogue, understanding and co-operation for social and economic development that furthers the well being of all peoples and of a more equitable system of international relations; (c)Advance the science, processes and art of social and economic development through educational means including research, publication and discussion; (d)Provide support and services for national development constituencies which facilitate the foregoing.

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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 $256,800
Program Service Revenue $1,204,319
Investment Income $4,784
Other Revenue $44,051
TOTAL REVENUE $1,509,954

Expense Breakdown

Grants Paid $37,908
Salaries & Benefits $872,226
Fundraising Expenses $77,124
Program Expenses $1,097,873
Other Expenses $573,558
TOTAL EXPENSES $1,483,692

Year-over-Year Comparison

2023 2022 Change
Revenue $1,509,954 $1,439,568 +0.0%
Expenses $1,483,692 $1,361,270 +0.1%
Net Income $26,262 $78,298 -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

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
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
0
$0
Total Directors
10
$0
Key Employees
2
$232,273
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stefano Prato Exec Director/CEO 35
Key Emp Highest
$0 $143,473 $143,473
Arthur Muliro Deputy CEO 35
Key Emp
$0 $88,800 $88,800
Larry Cooley President 3
Director
$0 $0 $0
Wendy Harcourt Council Member 1
Director
$0 $0 $0
Zein Abubakar Council Member 1
Director
$0 $0 $0
Norbert Noisser Council Member 1
Director
$0 $0 $0
Gita Sen Council Member 1
Director
$0 $0 $0
Jean Gilson Council member 1
Director
$0 $0 $0
Mshai Mwangola Vice President 1
Director
$0 $0 $0
Carolina Castro Treasurer 1
Director
$0 $0 $0
Chee Yoke Ling Council Member 1
Director
$0 $0 $0
Ziad Abdel Samad Council Member 1
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 $1,509,954 $1,483,692 $1,620,640 $26,262
2022 $1,439,568 $1,361,270 $1,410,592 $78,298
2021 $1,173,831 $1,104,325 $1,429,568 $69,506
2020 $896,530 $844,621 $1,698,458 $51,909
2019 $850,590 $791,877 $890,036 $58,713
2018 $409,657 $480,922 $1,255,082 $-71,265
2017 $991,963 $1,155,089 $509,509 $-163,126
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