Devworks International Inc
- Assets
- $2.7m
- Revenue
- $10.4m
- Investments
- $0.0
- Employees
- 21
- Location
- Bethesda, MD
- Founding
- 11/2011
- Data as of
- 12/2022
- EIN
- 90-0756603
Organization Overview
Devworks International Inc, operating under the name Devworks, is located in Bethesda, MD. The organization was established in 2011. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Devworks employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Devworks 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, Devworks generated $10.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $10.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEVWORKS INTERNATIONAL AIMS TO MAKE A LASTING DIFFERENCE IN THE LIVES OF MILLIONS OF PEOPLE LIVING IN POVERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT PROGRAMS:-AGRICULTURE AND FOOD SECURITY - SUSTAINABLE MARKETS; FOOD NUTRITION AND SECURITY; GENDER AND YOUTH IN AGRICULTURE; AND CLIMATE-SMART AGRICULTURE.-WATER, SANITATION AND HYGIENE (WASH)- RURAL SANITATION AND HYGIENE FOR ALL; URBAN SANITATION AND HYGIENE FOR ALL; FUNCTIONALITY OF RURAL WATER SUPPLY SERVICES; SUSTAINABLE WATER SUPPLY SERVICES IN SMALL TOWNS AND PERI-URBAN AREAS.-RENEWABLE ENERGY - ENERGY POVERTY AND RURAL ELECTRIFICATION; WOMEN-POWERED BUSINESSES AND YOUTH EMPOWERMENT; CLIMATE-SMART ENERGY AND LOW CARBON GROWTH; AND RESILIENT VALUE CHAINS AND TECHNOLOGICAL INNOVATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Demetria Arvanitis President And Executive Di | OfficerTrustee | 40 | $240,366 |
Nancy Bradley Chairperson Of The Board | Trustee | 1 | $0 |
Kenneth Lanza Director | Trustee | 1 | $0 |
Emmy Simmons Director | Trustee | 1 | $0 |
John Glover Director As Of 6/1/22 | Trustee | 1 | $0 |
Archil Nikuradze Chief Financial Officer | Officer | 40 | $213,328 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
World Vision Inc Subgrant Services | 12/30/18 | $638,565 |
Climate Focus North America Inc Subgrant Services | 12/30/18 | $300,032 |
Unique Forestry And Land Use Gmbh Subgrant Services | 12/30/18 | $269,636 |
Water For People Inc Subgrant Services | 12/30/18 | $111,871 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,381,858 |
| 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 | $10,381,858 |
| Total Program Service Revenue | $2,500 |
| Investment income | $0 |
| 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 | $10,395,353 |
| 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 | $1,952,598 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,530,114 |
| Compensation of current officers, directors, key employees. | $891,759 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,884,501 |
| Pension plan accruals and contributions | $86,313 |
| Other employee benefits | $962,344 |
| Payroll taxes | $141,531 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,858 |
| Fees for services: Accounting | $58,645 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $782,272 |
| Advertising and promotion | $0 |
| Office expenses | $91,391 |
| Information technology | $47,724 |
| Royalties | $0 |
| Occupancy | $268,496 |
| Travel | $174,808 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $59,193 |
| Interest | $13,925 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,359 |
| Insurance | $13,650 |
| All other expenses | $10,122 |
| Total functional expenses | $10,394,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $752,194 |
| Savings and temporary cash investments | $31 |
| Pledges and grants receivable | $1,547,465 |
| Accounts receivable, net | $0 |
| 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 | $20,574 |
| Net Land, buildings, and equipment | $10,685 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $320,164 |
| Total assets | $2,651,113 |
| Accounts payable and accrued expenses | $1,386,765 |
| 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 | $513,925 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $221,588 |
| Total liabilities | $2,122,278 |
| Net assets without donor restrictions | $528,835 |
| 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 | $2,651,113 |