funder logo

THE GLOBAL DEVELOPMENT INCUBATOR INC

THE GLOBAL DEVELOPMENT INCUBATOR INC

WASHINGTON, DC, US
501(c)(3)
EIN
14-1945286
Regional Funder
funder logo

THE GLOBAL DEVELOPMENT INCUBATOR INC

WASHINGTON, DC, US
501(c)(3)
EIN
14-1945286
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$21,516,058

Contributions
63%
Program Services
18%
Government Grants
15%
Investments
3%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$21,550,781

Grants
67%
Salaries & Benefits
18%
Fees to Service Providers
12%
Other
2%
Offices, Occupancy & IT
1%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$8,860,692
$13,551,465
+53%
Government Grants
$3,494,935
$3,328,226
-5%
Fundraising Events
$0
$0
-
Program Services
$3,609,643
$3,845,679
+7%
Membership Dues
$0
$0
-
Investments
$794,370
$615,575
-23%
Other
$225,848
$175,113
-22%
Total Revenues
$16,985,488
$21,516,058
+27%
Expenses
2023
2024
Change
Grants
$12,103,316
$14,419,476
+19%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,615,233
$3,907,454
+8%
Fees to Service Providers
$2,196,102
$2,486,487
+13%
Advertising & Promotion
$6,812
$4,621
-32%
Offices, Occupancy & IT
$218,734
$261,794
+20%
Interest
$0
$52,105
-
Depreciation
$0
$0
-
Other
$509,764
$418,844
-18%
Total Expenses
$18,649,961
$21,550,781
+16%
Net income
2023
2024
Change
Net income
-$1,664,473
-$34,723
+98%
Functional Expenses
Summary
2023
2024
Change
Program
$16,658,118
$19,124,584
+15%
Admin
$1,991,843
$2,426,197
+22%
Fundraising
$0
$0
-
Total Expenses
$18,649,961
$21,550,781
+16%
Income Statement
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