Overview
What is Global Financial Integrity?
Global Financial Integrity is a nonprofit organization based in Washington, D.C., specifically at 1100 17th Street NW STE 505. Their mission is to combat illicit financial flows, a significant issue affecting developing country economies. They accomplish this by conducting cutting-edge research, proposing practical policy solutions, and offering guidance to governments worldwide. Their studies focus on various countries, including India, Mexico, Russia, The Philippines, and Brazil. The organization, which employs 11 individuals, aims to safeguard economic stability and promote financial integrity on a global scale.
Official website here: www.gfintegrity.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star rating.
Global Financial Integrity has received a solid rating of 85%, reflecting a strong performance in accountability and finance metrics. The organization scores particularly well in areas such as having a fully independent board and comprehensive financial oversight, indicating robust governance practices. Notably, there were no reported material diversions of assets, which underscores their commitment to financial integrity.
The organization has a high program expense ratio of 90.59%, signifying that a substantial portion of its expenditures supports its programs rather than administrative costs. This is a positive indicator for donors who prioritize effective allocation of funds in nonprofit organizations. Additionally, the presence of various policies, including conflict of interest and whistleblower protections, showcases a commitment to ethical operations and transparency.
While the rating is strong, the three-star designation suggests there may be room for improvement in other areas. Future enhancements in fundraising or program impact could elevate Global Financial Integrity's status further. Overall, the organization demonstrates strong accountability and governance, making it a reputable choice for donors looking to support transparency in global financial systems.
This AI summary has been generated from information found on Charity Navigator.
Is Global Financial Integrity legitimate?
Global Financial Integrity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Financial Integrity 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: $150,642
Professional Fundraising Fees: $0
Other Salaries and Wages: $536,043
For more financial information, click here
Official website here: www.gfintegrity.org
What is the mission statement of Global Financial Integrity?
Global Financial Integrity's mission is centered around combating illicit financial flows. They accomplish this through three key strategies: conducting groundbreaking research, advocating for practical policy solutions, and offering expert advice to governments. The organization's research efforts result in comprehensive reports on the extent of illicit financial outflows from developing economies, as well as in-depth studies on specific countries such as India, Mexico, Russia, the Philippines, and Brazil.
Official website here: www.gfintegrity.org
Who is the CEO of Global Financial Integrity?
Thomas A Cardamone Jr is the President Ceo of Global Financial Integrity. The CEO's salary of Global Financial Integrity is $150,642 and their total compensation is $173,928.
Official website here: www.gfintegrity.org
What is the revenue of Global Financial Integrity?
Global Financial Integrity's revenue in 2022 was $1,524,219.
Official website here: www.gfintegrity.org
Who are the executives of Global Financial Integrity and what are their salaries?
The average compensation at Global Financial Integrity during 2022 was $62,426. There are 11 employees and 9 volunteers at Global Financial Integrity.
Here are 10 key members and their salaries (Global Financial Integrity's CEO's salary is $150,642 and their total compensation is $173,928):
- Compensation: $150,642
- Related: $0
- Other: $23,286
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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.gfintegrity.org
Where can I find the form 990 for Global Financial Integrity?
Global Financial Integrity's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gfintegrity.org
Learn more at the official website: www.gfintegrity.org
Mission Statement of Global Financial Integrity
Global Financial Integrity, a distinguished nonprofit organization, is committed to curbing illicit financial flows. They achieve this mission through three primary approaches: conducting groundbreaking research, promoting pragmatic policy solutions, and offering expert advice to governments.
In the realm of research, Global Financial Integrity produces insightful reports that shed light on the global scale of illicit financial outflows from developing nations. Their studies cover various countries, including India, Mexico, Russia, the Philippines, and Brazil. By providing this data, they contribute to a better understanding of the financial challenges faced by these nations and the impact of illicit financial flows.
Beyond research, Global Financial Integrity actively advocates for practical policy solutions. By working closely with governments, they aim to develop strategies that effectively combat illicit financial flows. Through this approach, they seek to strengthen the financial integrity of countries and foster a more equitable global financial system.
In summary, Global Financial Integrity is a vital player in the fight against illicit financial flows. By conducting groundbreaking research, promoting pragmatic policy solutions, and advising governments, they work tirelessly to create a more transparent and equitable financial landscape.
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Impact
July, 2024
Global Financial Integrity's impact lies in its efforts to curtail illicit financial flows globally. Through groundbreaking research, the organization provides valuable insights into the total magnitude of illicit financial flows leaving developing country economies. By promoting pragmatic policy solutions and advising governments, Global Financial Integrity works towards creating a more transparent and accountable financial system. The organization's focus on countries such as India, Mexico, Russia, The Philippines, and Brazil demonstrates its commitment to addressing this issue on a global scale.
This information is meant to be a general summary of Global Financial Integrity. 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.
- Program Service Revenue: $1,357,970
- Gross Receipts: $1,524,219
Assets and Liabilities:
- Total Assets: $892,536
- Total Liabilities: $664,274
- Net Assets: $228,262
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Research
Revenue
$953,604
Advocacy
Revenue
$404,366
Organization Details
Founding Year
2011
Principal Officer
Thomas A Cardamone Jr
Main Address
1100 17th Street NW STE 505, Washington, DC, 20036
Website
www.gfintegrity.orgNTEE Category
Code: Q05 - International
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