Grantmakers for Effective Organizations FY2020 filing

Tax-deductible

Washington, DC501(c)(3)Since 2002Foundations & GrantmakersEIN 01-0669150Revenue $5.5M in FY2020

On file with the IRS1310 L St Nw Ste 650, 20005-4673 · Washington, DCTax-exempt since Jul 2002Publicly supported charity — 170(b)(1)(A)(vi)

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Geo is a community of funders committed to transforming philanthropic culture and practice by connecting members to the resources and relationships needed to support thriving nonprofits and communities.

501(c)(3) charity; gifts are tax-deductible.
46¢ of each $1 spent went to programs.
$1.2M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $1.3M a year · 17% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
46%
of spending
Concern: 46% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.2M
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
Cash reserves
13 mo
of spending, in cash
Looks good: 12.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
60
named funders · $2.7M
Looks good: 60 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.7M
21% of total assets
Looks good: liabilities are 21% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.5M
Spent
$4.5M
To programs
46%
Net assets
$6.5M
By yearFY2020–FY2024
Revenue
$5.5M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$5.5M
FY2021$9.9M
FY2022$6.1M
FY2023$4.9M
FY2024$10.0M
Expenses
$4.5M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$4.5M
FY2021$4.6M
FY2022$6.5M
FY2023$7.1M
FY2024$7.6M
Net assets
$6.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$6.5M
FY2021$11.8M
FY2022$11.3M
FY2023$9.2M
FY2024$11.6M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

46 cents of each dollar spent went to programs.

Program services 46% · $2.1M Management & general 52% · $2.3M Fundraising 2% · $96K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

23 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation
President and CEO
$300,090Pt VII · Sec A
Executive Vice President
$202,688Pt VII · Sec A
Vice President, Strategy and Learning
$189,883Pt VII · Sec A
Vice President, Programs
$147,364Pt VII · Sec A
Vice President, Ops (start 4/1/20)
$125,425Pt VII · Sec A
Director, People and Culture
$112,761Pt VII · Sec A
Director of Programs, Publ
$109,115Pt VII · Sec A
Int. CEO/COO/ Adv (left 2/7/20)
$22,371Pt VII · Sec A

Marcus Walton’s $371K as President & CEO is at the 80th percentile of top reported officer pay among 661 $10–100M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Marcus Walton$370,900—$317,631$309,282$300,090
Marcus F Walton—$351,614———
Meghan Duffy$234,421$228,170$219,727$212,913$202,688
Suprotik Stotz-Ghosh———$197,662$189,883
Akilah Massey$188,542$179,570$173,222$159,375$147,364
Kristina Wertz$188,465$180,332$118,584——
Mila Yochum$185,400$99,833———
Sinem Reed——$184,236$176,221$125,425

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Grantmakers for Effective Organizations executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects funders to resources and relationships to support thriving nonprofits and communities.

Questions for Grantmakers for Effective Organizations

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Provided by the organization

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3 programs · $1.9M · in their own filed words · FY2020
01

Member Programs

Geo is a diverse community of more than 600 grantmaking organizations representing more than 6,000 grantmakers working to reshape the way philanthropy operates. Grantmakers addressed shared challenges in grantmaking through geo's peer learning programs including webinars, member calls and remote learning series.

$944Kprogram expense
02

Research and Learning

We conduct research on field trends to mark changes in grantmaker practice over time, as well as ongoing skill-building for our staff, board and other key stakeholders to inform our strategy of building community.

$554Kprogram expense
03

Conferences

Geo conferences educate and inspire action. In 2020, we planned a national conference to convene 1,000 grantmakers in boston to create space for members of our community to exchange ideas, support each other through advancing racial-equity centered change in their organizations, and advance the adoption and implementation of…

$366Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 60 funders →
Grants paid · 4 grants · $174K · 2022–2024

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$5.5M
Ln 12
Gifts and grantsLn 1h$5.4M
Investment incomeLn 3$32K
Fees for servicesLn 2g$25K
Money outPt IX
$4.5M
Ln 25
Programscol B$2.1M
Managementcol C$2.3M
Fundraisingcol D$96K
Owns and owesPt X
$6.5M
net assets · Ln 32
Cash and savingsLn 1–2$4.8M
Total assetsLn 16$8.2M
LiabilitiesLn 26$1.7M
PeoplePt VI, VII
23
listed · VII A
PaidVII A8
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.4M
Fees for servicesLn 2g$25K
Investment incomeLn 3$32K
Total revenueLn 12$5.5M
Assets in detailPt X, end of year
CashLn 1$4.3M
SavingsLn 2$506K
Cash and savings togetherLn 1–2$4.8M
InvestmentsLn 11–13$1.5M
Land, buildings, equipmentLn 10c$626K
Other assetsLn 15$32K
Total assetsLn 16$8.2M
LiabilitiesLn 26$1.7M
Net assetsLn 32$6.5M
OperationsPt I, VI
EmployeesI 526
VolunteersI 6360
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$3.2M$4.8M
InvestmentsLn 11–13$1.5M$1.5M
Land, buildings, equipmentLn 10c$733K$626K
Total assetsLn 16$6.6M$8.2M
LiabilitiesLn 26$1.1M$1.7M
Net assetsLn 32$5.4M$6.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.1M$442K$583K$29K
Other salaries and wagesLn 7$1.3M$527K$711K$15K
Pension plan contributionsLn 8$64K$13K$51K$447
Other employee benefitsLn 9$223K$75K$145K$4K
Payroll taxesLn 10$159K$71K$85K$3K
Legal feesLn 11b$87K$952$86K
Accounting feesLn 11c$96K$96K
Other fees for servicesLn 11g$558K$304K$217K$38K
Office expensesLn 13$44K$21K$22K$445
OccupancyLn 16$295K$159K$131K$4K
TravelLn 17$28K$16K$12K$527
Conferences, conventions and meetingsLn 19$115K$110K$5K
Depreciation, depletion and amortizationLn 22$139K$69K$68K$2K
InsuranceLn 23$16K$8K$8K
Other expenses (24a–d)Ln 24$263K$210K$53K
All other expensesLn 24e$70K$28K$41K
Total functional expensesLn 25$4.5M$2.1M$2.3M$96K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $10.0M$7.6M$2.5M$11.6M 990 PDF
FY2023 $4.9M$7.1M−$2.2M$9.2M 990 PDF
FY2022 $6.1M$6.5M−$379K$11.3M 990 PDF
FY2021 $9.9M$4.6M$5.3M$11.8M 990 PDF
FY2020 Viewing $5.5M$4.5M$1.0M$6.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $5,494,551 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,211,361$5,438,083
I-9 Program service revenuePrior year $535,148$24,950
I-10 Investment incomePrior year $39,788$31,518
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $3,786,297$5,494,551
I-13 Grants and similar amounts paidPrior year $1,430$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,506,386$2,754,687
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,243,087$1,711,045
I-18 Total expensesPrior year $4,750,903$4,465,732
I-19 Revenue less expensesPrior year −$964,606$1,028,819
Part VI · Governance 15 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,494,551 across 6 lines filed
VIII-1b Membership dues$1,987,303
VIII-1f All other contributions, gifts and grants$3,450,780
VIII-1h Total contributions, gifts and grants$5,438,083
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $24,950$24,950
VIII-3 Investment incomeExcluded from tax $31,518$31,518
VIII-12 Total revenueRelated to mission $24,950 · Unrelated business $0 · Excluded from tax $31,518$5,494,551
Part IX · Statement of functional expenses $4,465,732 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $442,303 · Management $582,505 · Fundraising $29,351$1,054,159
IX-7 Other salaries and wagesPrograms $527,468 · Management $711,444 · Fundraising $15,111$1,254,023
IX-8 Pension plan contributionsPrograms $13,261 · Management $50,678 · Fundraising $447$64,386
IX-9 Other employee benefitsPrograms $74,666 · Management $144,853 · Fundraising $3,588$223,107
IX-10 Payroll taxesPrograms $70,790 · Management $85,101 · Fundraising $3,121$159,012
IX-11b Legal feesPrograms $952 · Management $86,160$87,112
IX-11c Accounting feesManagement $96,362$96,362
IX-11g Other fees for servicesPrograms $303,825 · Management $216,510 · Fundraising $37,862$558,197
IX-13 Office expensesPrograms $20,898 · Management $22,439 · Fundraising $445$43,782
IX-16 OccupancyPrograms $159,310 · Management $131,064 · Fundraising $4,142$294,516
IX-17 TravelPrograms $15,983 · Management $11,849 · Fundraising $527$28,359
IX-19 Conferences, conventions and meetingsPrograms $110,463 · Management $4,707$115,170
IX-22 Depreciation, depletion and amortizationPrograms $68,921 · Management $68,010 · Fundraising $1,796$138,727
IX-23 InsurancePrograms $7,785 · Management $8,291$16,076
IX-24 Other expenses (24a–d)Programs $209,626 · Management $53,493$263,119
IX-24e All other expensesPrograms $28,363 · Management $41,262$69,625
IX-25 Total functional expensesPrograms $2,054,614 · Management $2,314,728 · Fundraising $96,390$4,465,732
Part X · Balance sheet $8,223,661 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $2,694,024$4,308,779
X-2 Savings and temporary cash investmentsStart of year $505,679$506,263
X-3 Pledges and grants receivableStart of year $1,057,819$1,180,133
X-4 Accounts receivableStart of year $7,292$4,492
X-9 Prepaid expenses and deferred chargesStart of year $64,794$21,111
X-10c Land, buildings and equipment, netStart of year $733,488$626,170
X-11 Publicly traded securitiesStart of year $1,481,876$1,545,163
X-15 Other assetsStart of year $31,550$31,550
X-16 Total assetsStart of year $6,576,522$8,223,661
X-17 Accounts payable and accrued expensesStart of year $168,569$325,774
X-19 Deferred revenue$83,500
X-25 Other liabilitiesStart of year $970,565$1,315,708
X-26 Total liabilitiesStart of year $1,139,134$1,724,982
X-27 Net assets without donor restrictionsStart of year $3,794,992$4,071,265
X-28 Net assets with donor restrictionsStart of year $1,642,396$2,427,414
X-32 Total net assets or fund balancesStart of year $5,437,388$6,498,679
X-33 Total liabilities and net assetsStart of year $6,576,522$8,223,661
Part XI · Reconciliation of net assets $6,498,679 net assets at year end
XI-1 Total revenue$5,494,551
XI-2 Total expenses$4,465,732
XI-3 Revenue less expenses$1,028,819
XI-4 Net assets at start of year$5,437,388
XI-5 Net unrealized gains (losses) on investments$32,472
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,498,679

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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