Instiglio
- Assets
- $750.0k
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 03/2014
- Data as of
- 12/2021
- EIN
- 45-5015494
Organization Overview
Instiglio is located in Miami, FL. The organization was established in 2014. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Instiglio 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 12/2021, Instiglio generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.9% each year . All expenses for the organization totaled $3.5m during the year ending 12/2021. While expenses have increased by 29.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESULTS-BASED FINANCING MODEL DESIGN: WE PROVIDE TECHNICAL ASSISTANCE TO STRUCTURE ANY AND ALL OF THE FOLLOWING FEATURES RELEVANT TO RBF: FEASIBILITY STUDIES, INTERVENTION ANALYSIS, OUTCOME METRICS, VERIFICATION SYSTEM, FINANCIAL MODEL, CONTRACT STRUCTURE, CAPITAL RAISE AND IMPACT EVALUATION. WE ALSO SUPPORT OUR PARTNERS DURING THE NEGOTIATION PROCESS, MANAGEMENT OF THE CONTRACT AND IMPLEMENTATION OF THE PROJECT. PERFORMANCE MANAGEMENT: WE HELP SERVICE PROVIDERS DEVELOP OR UPGRADE THEIR PERFORMANCE MANAGEMENT SYSTEMS. TOGETHER WE VET THE THEORY OF CHANGE, IDENTIFY INTERMEDIATE INDICATORS, AND CREATE A DASHBOARD TO MONITOR AND INFLUENCE OUTCOMES IN REAL TIME. HAVING THIS SYSTEM AND CULTURE IN PLACE IS AN IMPORTANT STEP TOWARDS PARTICIPATING AND SUCCEEDING IN RESULTS-BASED FINANCING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Avnish Gungadurdoss Board Member/ceo | OfficerTrustee | 3 | $0 |
Jonathan Bailey Chair | OfficerTrustee | 1 | $0 |
Julia Loraque Treasurer | Officer | 3 | $0 |
David Goslin Board Member (from 05/2021) | Trustee | 1 | $0 |
Barbara Lee Board Member (from 05/2021) | Trustee | 1 | $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 | $2,764,358 |
| Investment income | $188 |
| 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 | $2,766,361 |
| 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 | $2,423,372 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,763 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,936 |
| Payroll taxes | $16,564 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,569 |
| Fees for services: Accounting | $52,365 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $633,228 |
| Advertising and promotion | $8,348 |
| Office expenses | $11,621 |
| Information technology | $12,131 |
| Royalties | $0 |
| Occupancy | $6,198 |
| Travel | $61,427 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,568 |
| Insurance | $3,780 |
| All other expenses | $3,667 |
| Total functional expenses | $3,495,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $386,323 |
| Savings and temporary cash investments | $12,891 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $312,140 |
| 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 | $0 |
| Net Land, buildings, and equipment | $27,472 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $11,207 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $750,033 |
| Accounts payable and accrued expenses | $97,908 |
| 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 | $97,908 |
| Net assets without donor restrictions | $560,125 |
| Net assets with donor restrictions | $92,000 |
| 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 | $750,033 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Instiglio has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Junior Achievement Of Georgia Inc Atlanta, GA | $25,901,404 | $11,179,246 |
Junior Achievement Of South Florida Coconut Creek, FL | $18,159,004 | $3,932,079 |
Gray Matters Capital Inc Atlanta, GA | $45,313,464 | $11,858,965 |
Instiglio Miami, FL | $750,033 | $2,766,361 |
Junior Achievement Of Tampa Bay Tampa, FL | $13,350,619 | $4,510,507 |
Chalmers Center For Economic Development At Covenant College Lookout Mountain, GA | $1,151,964 | $2,299,914 |
Junior Achievement Of Central Florida Inc Orlando, FL | $1,871,118 | $1,781,050 |
Junior Achievement Of Greater Miami Miami, FL | $710,234 | $1,615,229 |
Junior Achievement Of The Palm Beaches & Treasure Coast West Palm Beach, FL | $1,189,125 | $1,514,386 |
Junior Achievement Of North Florida Jacksonville, FL | $1,174,755 | $1,101,516 |
Junior Achievement Of Alabama Inc Birmingham, AL | $1,023,017 | $1,342,591 |
The Social Enterprise Fund Inc Winter Park, FL | $10,781 | $501,011 |