Global Support And Development
- Assets
- $77.1m
- Revenue
- $59.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Redwood City, CA
- Founding
- 09/2019
- Data as of
- 12/2022
- EIN
- 83-2504447
Organization Overview
Global Support And Development is located in Redwood City, CA. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Support And Development 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 12/2022, Global Support And Development generated $59.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 62.0% each year . All expenses for the organization totaled $23.8m during the year ending 12/2022. While expenses have increased by 32.6% per year over the past 4 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 2020, Global Support And Development has awarded 35 individual grants totaling $1,733,169. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT 12
M/V DAWN - 2022 INVOLVED SIGNIFICANT PROGRESS REGARDING THE MV DAWN CONVERSION PROJECT. THE CONVERSION HAS BEEN SUCCESSFULLY COMPLETED, TRANSFORMING THE VESSEL INTO A WELL-EQUIPPED AND PURPOSE-BUILT PLATFORM FOR HUMANITARIAN OPERATIONS. A TEAM OF 40 CREW MEMBERS HAS BEEN CAREFULLY SELECTED, HIRED, AND TRAINED TO MANAGE THE SHIP'S OPERATIONS. GSD HAS ESTABLISHED A COMPREHENSIVE OPERATING FRAMEWORK FOR THE VESSEL, ENSURING ITS READINESS TO LAUNCH IN 2023. NOW OPERATIONAL, DAWN WILL PLAY A PIVOTAL ROLE IN GSD'S EFFORTS TO PROVIDE HUMANITARIAN ASSISTANCE IN REGIONS VULNERABLE TO NATURAL HAZARDS AND DISASTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Court President (start 7/8/22) | 40 | $489,377 | |
Sally Jones Secretary | 40 | $241,857 | |
Tara Farnsworth Treasurer | 0.1 | $0 | |
George Pavlov Director | 0.1 | $0 | |
Eric Powell Director | 0.1 | $0 | |
David P Polatty Senior Innovation An | 40 | $390,757 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dalberg Advisors | 12/30/22 | $175,000 |
Munger Tolles & Olson Llp | 12/30/22 | $122,049 |
James P Brennan Llc | 12/30/22 | $113,500 |
Baker Tilly Us Llp | 12/30/22 | $275,245 |
Global Guardian Llc | 12/30/22 | $105,739 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $59,060,327 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $59,060,327 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $731,234 |
| Other employee salaries and wages | $7,519,241 |
| Pension plans, employee benefits | $2,377,087 |
| Interest | $0 |
| Taxes | $9,340 |
| Depreciation | $572,754 |
| Occupancy | $606,918 |
| Travel, conferences, and meetings | $1,465,840 |
| Printing and publications | $3,079 |
| Other expenses | $7,649,411 |
| Total operating and administrative expenses | $22,844,914 |
| Contributions, gifts, grants paid | $994,351 |
| Total expenses and disbursements | $23,839,265 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,088,067 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $423,280 |
| Prepaid expenses and deferred charges | $676,122 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $64,304,347 |
| Other assets | $590,537 |
| Total assets | $77,082,353 |
| Accounts payable and accrued expenses | $6,281,028 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $279,453 |
| Total liabilities | $6,560,481 |
Grants Awarded
Over the last fiscal year, Global Support And Development has awarded $986,351 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
AUGUST MISSION PURPOSE: GENERAL SUPPORT | $45,000 |
CLARK COUNTY SHERIFF'S OFFICE SEARCH AND RESCUE PURPOSE: GENERAL SUPPORT | $112,135 |
EDESIA INC PURPOSE: GENERAL SUPPORT | $126,275 |
EMPACT NORTHWEST PURPOSE: GENERAL SUPPORT | $57,100 |
FENCES FOR FIDO PURPOSE: GENERAL SUPPORT | $436 |
GLOBAL SURGICAL AND MEDICAL SUPPORT GROUP PURPOSE: GENERAL SUPPORT | $15,000 |