Global Communities Inc
- Assets
- $309.9m
- Revenue
- $190.8m
- Investments
- $145.3k
- Employees
- 314
- Location
- Silver Spring, MD
- Founding
- 03/1968
- Data as of
- 09/2022
- EIN
- 52-0846183
Organization Overview
Global Communities Inc, operating under the name Global Communities, is located in Silver Spring, MD. The organization was established in 1968. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2022, Global Communities employed 314 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Communities 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 09/2022, Global Communities generated $190.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $175.7m during the year ending 09/2022. While expenses have increased by 2.0% 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.
Since 2015, Global Communities has awarded 183 individual grants totaling $30,233,476. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TECHNICAL ASSISTANCE: GLOBAL COMMUNITIES PROVIDES ASSISTANCE TO INDIVIDUALS AND INTERNATIONAL GOVERNMENTAL AND PRIVATE ORGANIZATIONS THAT IN TURN ASSIST THEIR CITIZENS OR MEMBERS IN IMPROVING THEIR COMMUNITIES.
CAPITAL ASSISTANCE: THROUGH ITS SUBSIDIARIES, GLOBAL COMMUNITIES MAKES MICRO CREDIT AND SMALL ENTERPRISE LOANS AT PREVAILING MARKET INTEREST RATES TO LOW-INCOME INDIVIDUALS IN DEVELOPING COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard F Celeste Co-Chair | OfficerTrustee | 1 | $0 |
John Potter Co-Chair | OfficerTrustee | 1 | $0 |
Peter L Woicke Treasurer (through 02/22) | OfficerTrustee | 1 | $0 |
Joe Abbate Treasurer (begin 02/22) | OfficerTrustee | 1 | $0 |
Hillary Thomas-Lake Secretary | OfficerTrustee | 1 | $0 |
William C Lane Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grf Cpas & Advisors Audit Services | 9/29/22 | $434,035 |
Accenture International Ltd Merger Consulting | 9/29/22 | $281,000 |
Layer 8 Consulting Inc It Consulting | 9/29/22 | $103,253 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $145,158,367 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,736,234 |
| Noncash contributions included in lines 1a–1f | $12,250 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,894,601 |
| Total Program Service Revenue | $15,351,773 |
| Investment income | $1,240,801 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $302,385 |
| Net Gain/Loss on Asset Sales | $1,315,183 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $190,806,723 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,372,141 |
| Grants and other assistance to domestic individuals. | $17,310 |
| Grants and other assistance to Foreign Orgs/Individuals | $41,039,344 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,441,516 |
| Compensation of current officers, directors, key employees. | $2,441,516 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,172,528 |
| Pension plan accruals and contributions | $2,002,345 |
| Other employee benefits | $15,188,291 |
| Payroll taxes | $1,579,739 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $306,755 |
| Fees for services: Accounting | $714,570 |
| Fees for services: Lobbying | $18,010 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $357,503 |
| Fees for services: Other | $4,612,196 |
| Advertising and promotion | $398,853 |
| Office expenses | $2,874,249 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,287,955 |
| Travel | $3,303,529 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $832,033 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $246,100 |
| Insurance | $1,165,262 |
| All other expenses | $5,974,046 |
| Total functional expenses | $175,663,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,281 |
| Savings and temporary cash investments | $56,392,073 |
| Pledges and grants receivable | $34,969,149 |
| Accounts receivable, net | $5,690,858 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $115,193,257 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,860,905 |
| Net Land, buildings, and equipment | $8,437,713 |
| Investments—publicly traded securities | $47,164,647 |
| Investments—other securities | $145,328 |
| Investments—program-related | $25,415,209 |
| Intangible assets | $1,612,715 |
| Other assets | $11,990,973 |
| Total assets | $309,886,108 |
| Accounts payable and accrued expenses | $22,866,063 |
| Grants payable | $0 |
| Deferred revenue | $754,906 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $2,438,275 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $109,518,936 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,671,592 |
| Total liabilities | $146,249,772 |
| Net assets without donor restrictions | $127,267,731 |
| Net assets with donor restrictions | $36,368,605 |
| 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 | $309,886,108 |
Grants Awarded
Over the last fiscal year, Global Communities Inc has awarded $7,349,698 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
ACUTE INCITE LLC PURPOSE: TECHNICAL ASSISTANCE | $8,775 |
3STRANDS GLOBAL FOUNDATION PURPOSE: TECHNICAL ASSISTANCE | $202,191 |
ASK GLOBAL HEALTH PURPOSE: TECHNICAL ASSISTANCE | $10,868 |
BEGIRL PURPOSE: TECHNICAL ASSISTANCE | $121,818 |
CATHOLIC RELIEF SERVICES PURPOSE: TECHNICAL ASSISTANCE | $520,423 |
CULTURAL PRACTICE LLC PURPOSE: TECHNICAL ASSISTANCE | $14,820 |