Overview
What is The Global Development Incubator Inc?
The Global Development Incubator Inc, based in Washington D.C., is a nonprofit organization dedicated to fostering new social impact organizations and collaborations on a global scale. With a team of 31 employees, they offer strategic, operational, programmatic, and implementation support services. Their primary focus area is in the agriculture, sustainability, and climate sectors. They have played a crucial role in addressing challenges in these sectors by supporting organizations like ISF Advisors and the RAF Learning Lab in publishing research on the impact of COVID-19 on smallholder farmers and global food security. The emergency research series has attracted over 9,000 views. Additionally, they launched Aceli Africa, a market incentive facility designed to mobilize $700M in lending to agricultural small and medium enterprises by 2025. Through these initiatives and other efforts in their agenterprise portfolio, they bring together diverse players from agriculture, finance, and climate, enabling them to collaborate towards shared goals.
Official website here: www.globaldevincubator.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 89% (Three-Star out of Four Star rating)
The Global Development Incubator Inc has received a favorable Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. With a total score of 89%, this rating indicates robust fiscal management and transparency. The organization has achieved perfect scores in several areas, including the independence of its board members and the presence of essential policies such as conflict of interest and whistleblower policies.
Strengths highlighted in the data include a well-structured audit and oversight committee, with no reported material diversion of assets, which speaks to the integrity of their financial practices. Additionally, a significant portion of their expenses is allocated to programs, showing a commitment to their mission. The organization also maintains a positive liability-to-assets ratio, contributing to its financial health.
However, some limitations were noted, particularly in fundraising efficiency, where the organization received a low score. This suggests that while The Global Development Incubator may manage funds well, it may face challenges in raising funds effectively. Overall, the charity demonstrates a strong commitment to transparency and accountability, which is essential for fostering donor trust.
This AI summary has been generated from information found on Charity Navigator.
Is The Global Development Incubator Inc legitimate?
The Global Development Incubator Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Global Development Incubator Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $624,912
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,778,140
For more financial information, click here
Official website here: www.globaldevincubator.org
What is the mission statement of The Global Development Incubator Inc?
The Global Development Incubator Inc (GDI) is a supportive organization that offers strategic, operational, programmatic, and implementation services to new social impact startups and partnerships on a global scale. GDI's mission is to drive social impact by providing essential support to these initiatives.
One of GDI's focus areas is agriculture finance. Through this initiative, GDI aims to tackle challenges in the agriculture, sustainability, and climate sectors. GDI has collaborated with various organizations, such as ISF Advisors and the RAF Learning Lab, to publish leading research on the impacts of COVID-19 on smallholder farmers, agricultural markets, and global food security. This research series has garnered over 9,000 views.
In addition, GDI launched Aceli Africa, an innovative market incentive facility that aligns capital supply and demand to mobilize $700M in lending to agricultural small and medium enterprises by 2025. By bringing together diverse players from across agriculture, finance, and climate, GDI fosters collaborations that may not have otherwise occurred, ultimately contributing to shared goals.
Official website here: www.globaldevincubator.org
Who is the CEO of The Global Development Incubator Inc?
Elizabeth Vanderwoude is the Director of The Global Development Incubator Inc. The CEO's salary of The Global Development Incubator Inc is $190,624 and their total compensation is $223,225.
Official website here: www.globaldevincubator.org
What is the revenue of The Global Development Incubator Inc?
The Global Development Incubator Inc's revenue in 2022 was $19,720,293.
Official website here: www.globaldevincubator.org
Who are the executives of The Global Development Incubator Inc and what are their salaries?
The average compensation at The Global Development Incubator Inc during 2022 was $77,518. There are 31 employees and 10 volunteers at The Global Development Incubator Inc.
Here are 12 key members and their salaries (The Global Development Incubator Inc's CEO's salary is $190,624 and their total compensation is $223,225):
- Compensation: $199,682
- Related: $0
- Other: $39,703
- Compensation: $190,624
- Related: $0
- Other: $32,601
- Compensation: $204,581
- Related: $0
- Other: $17,967
- Compensation: $206,530
- Related: $0
- Other: $14,900
- Compensation: $166,600
- Related: $0
- Other: $12,539
- Compensation: $141,142
- Related: $0
- Other: $22,574
- Compensation: $115,937
- Related: $0
- Other: $24,608
- Compensation: $116,958
- Related: $0
- Other: $13,115
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.globaldevincubator.org
Where can I find the form 990 for The Global Development Incubator Inc?
The Global Development Incubator Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.globaldevincubator.org
Learn more at the official website: www.globaldevincubator.org
Mission Statement of The Global Development Incubator Inc
The Global Development Incubator Inc, or GDI, is a mission-driven organization that offers strategic, operational, programmatic, and implementation support services to build new social impact startups and partnerships aimed at making a difference around the world. GDI's focus areas include agriculture finance, where it strives to tackle challenges in the agriculture, sustainability, and climate sectors.
One of GDI's significant initiatives in the agriculture finance sector is its collaboration with ISF Advisors and the RAF Learning Lab. Together, they have published groundbreaking research on the impact of COVID-19 on smallholder farmers, agricultural markets, and global food security. This emergency research series has garnered over 9,000 views, shedding light on the critical issues affecting the agricultural sector during the pandemic.
Another impactful project by GDI is the launch of Aceli Africa, a market incentive facility designed to bridge the gap between capital supply and demand, ultimately mobilizing $700M in lending to agricultural small and medium enterprises by 2025. By bringing together diverse players from across agriculture, finance, and climate, GDI fosters collaborations that may not have occurred otherwise, all driven by the shared goal of creating a positive impact.
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Impact
October, 2024
The Global Development Incubator Inc (GDI) significantly impacts the agriculture and finance sectors by designing and launching innovative initiatives aimed at enhancing social impact. One of their prominent projects, ACELI Africa, is a pioneering market incentive facility that seeks to align capital supply and demand, thereby mobilizing $700 million in lending to agricultural small and medium enterprises by 2025.
GDI's efforts extend to addressing urgent challenges in sustainability and climate, particularly in the wake of disruptions caused by the COVID-19 pandemic. Their collaboration with ISF Advisors and the RAF Learning Lab has led to the publication of vital research on the effects of the pandemic on smallholder farmers, agricultural markets, and global food security, which has garnered over 9,000 views.
By bringing together diverse stakeholders from agriculture, finance, and climate sectors, GDI fosters collaborations that might not have occurred otherwise, driving aligned efforts toward common goals. Their programs not only promote financial inclusion for smallholders but also contribute to the broader objectives of sustainability and resilience in agricultural systems. Through these strategic initiatives, GDI plays a critical role in shaping a more inclusive and sustainable future in global development.
This information is meant to be a general summary of The Global Development Incubator Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $43,036
- Program Service Revenue: $1,864,150
- Gross Receipts: $19,720,293
Assets and Liabilities:
- Total Assets: $23,333,318
- Total Liabilities: $10,628,805
- Net Assets: $12,704,513
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$1,844,881
MANAGEMENT FEE
Revenue
$19,269
Organization Details
Founding Year
2005
Phone
(202) 987-7700Principal Officer
Elizabeth Vanderwoude
Main Address
1401 K STREET NW 900, WASHINGTON, DC, 20005
Website
www.globaldevincubator.orgNTEE Category
Code: Q32 - International
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