Partnership For Global Security
- Assets
- $464.3k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Bethesda, MD
- Founding
- 12/1999
- Data as of
- 02/2023
- EIN
- 52-2196300
Organization Overview
Partnership For Global Security is located in Bethesda, MD. The organization was established in 1999. According to its NTEE Classification (Q41) the organization is classified as: Arms Control & Peace, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 02/2023, Partnership For Global Security employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partnership For Global Security 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 02/2023, Partnership For Global Security generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $1.0m during the year ending 02/2023. While expenses have increased by 4.8% per year over the past 6 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
PGS IS A NON-PARTISAN 501(C)3 ORGANIZATION WORKING TO LEAD THE WORLD TO A SAFER FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PARTNERSHIP FOR GLOBAL SECURITY (PGS) IS THE ORIGINAL PIONEER AND THOUGHT LEADER ON THE NEXUS OF CLIMATE CHANGE, NUCLEAR POWER, AND GLOBAL SECURITY. PGS HAS DEVELOPED SEVERAL DIMENSIONS OF ITS ACTIVITIES. THE GLOBAL NEXUS INITIATIVE (GNI) DEVELOPS ANALYSIS AND POLICY AT THE INTERSECTION OF CLIMATE CHANGE, NUCLEAR POWER, AND GLOBAL SECURITY. IT IS GUIDED BY A MULTINATIONAL, MULTI-DISCIPLINARY WORKING GROUP THAT INCLUDES REPRESENTATION FROM THE NUCLEAR INDUSTRY, ENERGY, ENVIRONMENTAL, DIPLOMATIC, LEGAL, AND GLOBAL SECURITY COMMUNITIES. THE NUCLEAR READINESS INITIATIVE (NRI) IS A PROPRIETARY, MULTIDIMENSIONAL, AND ANALYTICAL TOOL DESIGNED TO PREPARE THE WORLD FOR THE NEXT GENERATION OF NUCLEAR ENERGY AND SECURITY. ONE OF ITS CORE FUNCTIONS IS THE ASSESSMENT OF NATIONS THAT ARE BEST SUITED FOR THE POTENTIAL DEPLOYMENT OF NEXT-GENERATION REACTORS AND THE IDENTIFICATION OF THE GOVERNANCE CHALLENGES THAT MAY EXIST IN THESE COUNTRIES, AND HOW THAT IMPACTS NUCLEAR POLICY RESPONSES AND DEVELOPMENT. PGS HAS ALSO PUBLISHED NUMEROUS ARTICLES, COMMENTARIES, AND NEWSLETTERS DURING THE PERIOD OF MARCH 2022 TO FEBRUARY 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth N Luongo President | OfficerTrustee | 40 | $292,344 |
Brian Giganti Treasurer | OfficerTrustee | 0.25 | $0 |
Hazel O'leary Director | Trustee | 0 | $0 |
Harvey Rubin MD PHD Director | Trustee | 0.25 | $0 |
J Raphael Della Ratta Director | 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 | $445,450 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $445,450 |
| Total Program Service Revenue | $843,722 |
| Investment income | $6,657 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,681 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,300,510 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $343,777 |
| Compensation of current officers, directors, key employees. | $38,262 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $78,998 |
| Pension plan accruals and contributions | $4,000 |
| Other employee benefits | $19,671 |
| Payroll taxes | $10,480 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $45,508 |
| Fees for services: Accounting | $40,037 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,874 |
| Fees for services: Other | $441,155 |
| Advertising and promotion | $0 |
| Office expenses | $20,100 |
| Information technology | $629 |
| Royalties | $0 |
| Occupancy | $15,734 |
| Travel | $3,273 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $900 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $684 |
| Insurance | $1,689 |
| All other expenses | $0 |
| Total functional expenses | $1,028,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $272,553 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $264 |
| 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 | $1,667 |
| Investments—publicly traded securities | $186,168 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,663 |
| Total assets | $464,315 |
| Accounts payable and accrued expenses | $13,352 |
| 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 | $13,352 |
| Net assets without donor restrictions | $230,963 |
| Net assets with donor restrictions | $220,000 |
| 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 | $464,315 |