Global Knowledge Initiative
- Assets
- $219.9k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 6
- Location
- Washington, DC
- Founding
- 08/2011
- Data as of
- 12/2023
- EIN
- 27-0559519
Organization Overview
Global Knowledge Initiative is located in Washington, DC. The organization was established in 2011. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 12/2023, Global Knowledge Initiative employed 6 individuals. This organization is the central organization for a national or regional group of organizations. Global Knowledge Initiative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Global Knowledge Initiative generated $1.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $1.8m during the year ending 12/2023. While expenses have increased by 12.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LABS:GKIS LAB PROGRAMS ARE INTENTIONALLY DESIGNED TO BRING TOGETHER DIVERSE STAKEHOLDERS TO SOLVE PROBLEMS, INNOVATE, DRIVE THE ALIGNMENT OF INTERESTS, BROKER NEW PARTNERSHIPS, AND SET A COLLABORATIVE COURSE FOR STRATEGY DESIGN THAT LEADS TO LASTING CHANGE. EXAMPLE PROJECTS:CCIR : GKI DESIGNED AND MANAGED THE CARIBBEAN CORPORATE INVESTMENT INITIATIVE (CCIR) PROGRAM, BUILDING COLLABORATION OPPORTUNITIES FOR GOVERNMENTS, BUSINESSES, AND COMMUNITIES ACROSS THE CARIBBEAN, TO COME TOGETHER TO IDENTIFY, DEVELOP AND SCALE INNOVATIVE, SUSTAINABLE SOLUTIONS TO SYSTEMIC CHALLENGES AROUND DISASTER RESILIENCE. GKI FACILITATED PRIVATE SECTOR AND HUMANITARIAN ACTORS ACROSS THE EASTERN CARIBBEAN ARCHIPELAGO TO COLLECTIVELY MAP THE DYNAMICS OF THE SYSTEM, CLARIFY THE FUTURE STATE ENVISIONED, AND IDENTIFIED STRATEGIC OPPORTUNITIES FOR SYSTEMS TRANSFORMATION AND LAUNCH 2 CRITICAL INITIATIVES; STRENGTHENING A NETWORK COALITION TO FOSTER LONG-TERM, VALUE-DRIVEN PARTNERSHIPS BETWEEN THE PRIVATE SECTOR AND HUMANITARIAN ACTORS, AND A RESOURCE COORDINATION PLATFORM TO HARNESS DONATIONS AND AID RESOURCES FROM THE PRIVATE SECTOR TO ACTORS IN THE FIELD. AI4R: ACCELERATING INNOVATION FOR RESILIENCE (AI4R) DESIGNED AND MANAGED BY GKI, IS A SYSTEMS-INFORMED, STAKEHOLDER-LED, ACTION-ORIENTED PROGRAM THAT BRINGS DIVERSE ACTORS TOGETHER TO IDENTIFY, DEVELOP AND SCALE INNOVATIVE, SUSTAINABLE SOLUTIONS TO STRENGTHEN THE HUMANITARIAN INNOVATION ECOSYSTEM AROUND DISASTER RESPONSE AND RESILIENCE. AI4RESILIENCE WORKS IN ACCOMPANIMENT WITH A BROAD RANGE OF POTENTIAL INNOVATION ECOSYSTEMS STAKEHOLDERS SUCH AS GOVERNMENT AGENCIES, HUMANITARIAN ORGANIZATIONS INNOVATION DEPARTMENTS, CORPORATE PARTNERS, ENTREPRENEURSHIP INCUBATORS, ACCELERATORS, AND A BROAD RANGE OF INVESTORS AND ACTIVATES THESE INTERMEDIARIES THROUGH A HIGHLY PARTICIPATORY INCENTIVE CHALLENGE, DESIGNED TO SUPPORT LOCAL INNOVATION, LEADERSHIP, AND COLLABORATION AROUND SOLUTIONS TO EMERGE WHILE BUILDING CONNECTIVE TISSUE ACROSS THE NETWORK. THE PROGRAM WAS PILOTED IN BANGLADESH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seema Patel CEO Resigned 824 | OfficerTrustee | 40 | $156,945 |
Megan Scanlon Chief Operating Officer | Officer | 40 | $142,257 |
Steven Smith CEO | OfficerTrustee | 40 | $100,466 |
Sara Farley Board Member | Trustee | 0.25 | $0 |
Sam Pitroda Board Member | Trustee | 0.25 | $0 |
Nina Federoff Board Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,157,187 |
| Investment income | $189 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,157,376 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $365,838 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $399,668 |
| Compensation of current officers, directors, key employees. | $118,891 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $334,279 |
| Pension plan accruals and contributions | $28,596 |
| Other employee benefits | $55,776 |
| Payroll taxes | $70,296 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,133 |
| Fees for services: Accounting | $49,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $405,819 |
| Advertising and promotion | $0 |
| Office expenses | $24,152 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,687 |
| Travel | $28,754 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,340 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,307 |
| Insurance | $3,773 |
| All other expenses | $4,961 |
| Total functional expenses | $1,814,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $208,704 |
| Savings and temporary cash investments | $515 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,440 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,447 |
| Net Land, buildings, and equipment | $5,794 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $219,900 |
| Accounts payable and accrued expenses | $73,924 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $73,924 |
| Net assets without donor restrictions | $145,976 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $219,900 |