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.
58¢ of each $1 spent went to programs.
$1.5M 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

FY2021 · 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
58%
of spending
Worth a look: 58% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.5M
to officers and key staff · 33% of spending
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
23 mo
of spending, in cash
Looks good: 23.4 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
$945K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.9M
+80% vs prior year
Spent
$4.6M
To programs
58%
Net assets
$11.8M
By yearFY2020–FY2024
Revenue
$9.9M
FY2021▲ +80%
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
$4.6M
FY2021▲ +2%
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
$11.8M
FY2021▲ +82%
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 FY2021 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2021 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

58 cents of each dollar spent went to programs.

Program services 58% · $2.7M Management & general 37% · $1.7M Fundraising 5% · $231K

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

20 people listed on the 990; $1.5M paid to officers and key staff.

Part VII, Section A · reportable compensation
President and CEO
$309,282Pt VII · Sec A
Executive Vice President
$212,913Pt VII · Sec A
Vp,strat & Learning (left 8/16/21)
$197,662Pt VII · Sec A
Vice President, Operations
$176,221Pt VII · Sec A
Vice President, Programs
$159,375Pt VII · Sec A
Director of Programs
$119,220Pt VII · Sec A
Director of Comm & Marketing
$116,420Pt VII · Sec A
Director, People & Culture
$113,213Pt 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.

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Provided by the organization

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3 programs · $2.4M · in their own filed words · FY2021
01

Member Programs

Geo is a diverse community of nearly 500 grantmaking organizations working to transform philanthropic culture and practice. In 2021, grantmakers addressed shared challenges in grantmaking through geo's peer learning programs including webinars, member calls and remote learning series.

$1.2Mprogram 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.

$735Kprogram expense
03

Conferences

Geo conferences educate and inspire action. In 2021, we planned a virtual conference to convene almost 700 grantmakers virtually due to the ongoing covid pandemic. In the virtual space, members of our community connected to exchange ideas related to learning and evaluation, support each other through advancing racial-equity centered…

$463Kprogram 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 FY2021 990, line by line.

1The main four
Money inPt VIII
$9.9M
Ln 12
Gifts and grantsLn 1h$9.6M
Fees for servicesLn 2g$272K
Investment incomeLn 3$17K
Money outPt IX
$4.6M
Ln 25
Programscol B$2.7M
Managementcol C$1.7M
Fundraisingcol D$231K
Owns and owesPt X
$11.8M
net assets · Ln 32
Cash and savingsLn 1–2$8.9M
Total assetsLn 16$12.8M
LiabilitiesLn 26$945K
PeoplePt VI, VII
20
listed · VII A
PaidVII A9
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$9.6M
Government grantsLn 1e$445K
Fees for servicesLn 2g$272K
Investment incomeLn 3$17K
Other incomeLn 4–11$40
Total revenueLn 12$9.9M
Assets in detailPt X, end of year
CashLn 1$8.4M
SavingsLn 2$506K
Cash and savings togetherLn 1–2$8.9M
InvestmentsLn 11–13$1.5M
Land, buildings, equipmentLn 10c$547K
Other assetsLn 15$32K
Total assetsLn 16$12.8M
LiabilitiesLn 26$945K
Net assetsLn 32$11.8M
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 FY21End FY21
Cash and savingsLn 1–2$4.8M$8.9M
InvestmentsLn 11–13$1.5M$1.5M
Land, buildings, equipmentLn 10c$626K$547K
Total assetsLn 16$8.2M$12.8M
LiabilitiesLn 26$1.7M$945K
Net assetsLn 32$6.5M$11.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.0M$436K$539K$36K
Other salaries and wagesLn 7$1.5M$1.0M$389K$119K
Pension plan contributionsLn 8$93K$63K$22K$7K
Other employee benefitsLn 9$254K$155K$82K$17K
Payroll taxesLn 10$186K$109K$66K$11K
Legal feesLn 11b$36K$36K
Accounting feesLn 11c$111K$111K
Other fees for servicesLn 11g$503K$355K$140K$8K
Office expensesLn 13$75K$35K$36K$4K
OccupancyLn 16$300K$164K$119K$17K
TravelLn 17$4K$981$3K$1
Conferences, conventions and meetingsLn 19$40K$39K$1K
Depreciation, depletion and amortizationLn 22$126K$76K$43K$8K
InsuranceLn 23$16K$3K$13K$296
Other expenses (24a–d)Ln 24$204K$145K$56K$3K
All other expensesLn 24e$51K$38K$13K$412
Total functional expensesLn 25$4.6M$2.7M$1.7M$231K

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 Viewing $9.9M$4.6M$5.3M$11.8M 990 PDF
FY2020 $5.5M$4.5M$1.0M$6.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $9,901,294 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,438,083$9,611,904
I-9 Program service revenuePrior year $24,950$271,930
I-10 Investment incomePrior year $31,518$17,420
I-11 Other revenuePrior year $0$40
I-12 Total revenuePrior year $5,494,551$9,901,294
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,754,687$3,093,770
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,711,045$1,466,300
I-18 Total expensesPrior year $4,465,732$4,560,070
I-19 Revenue less expensesPrior year $1,028,819$5,341,224
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
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 $9,901,294 across 8 lines filed
VIII-1b Membership dues$2,256,535
VIII-1e Government grants$444,800
VIII-1f All other contributions, gifts and grants$6,910,569
VIII-1h Total contributions, gifts and grants$9,611,904
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $271,930$271,930
VIII-3 Investment incomeExcluded from tax $17,420$17,420
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $40$40
VIII-12 Total revenueRelated to mission $271,970 · Unrelated business $0 · Excluded from tax $17,420$9,901,294
Part IX · Statement of functional expenses $4,560,070 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $435,843 · Management $539,266 · Fundraising $35,952$1,011,061
IX-7 Other salaries and wagesPrograms $1,041,733 · Management $388,939 · Fundraising $119,141$1,549,813
IX-8 Pension plan contributionsPrograms $63,173 · Management $22,404 · Fundraising $7,035$92,612
IX-9 Other employee benefitsPrograms $155,396 · Management $82,071 · Fundraising $16,578$254,045
IX-10 Payroll taxesPrograms $109,176 · Management $65,691 · Fundraising $11,372$186,239
IX-11b Legal feesManagement $35,702$35,702
IX-11c Accounting feesManagement $111,250$111,250
IX-11g Other fees for servicesPrograms $354,891 · Management $140,444 · Fundraising $7,750$503,085
IX-13 Office expensesPrograms $34,790 · Management $35,581 · Fundraising $4,144$74,515
IX-16 OccupancyPrograms $163,734 · Management $118,925 · Fundraising $17,356$300,015
IX-17 TravelPrograms $981 · Management $3,212 · Fundraising $1$4,194
IX-19 Conferences, conventions and meetingsPrograms $39,253 · Management $1,087$40,340
IX-22 Depreciation, depletion and amortizationPrograms $75,519 · Management $42,639 · Fundraising $8,332$126,490
IX-23 InsurancePrograms $2,509 · Management $12,938 · Fundraising $296$15,743
IX-24 Other expenses (24a–d)Programs $145,357 · Management $56,147 · Fundraising $2,799$204,303
IX-24e All other expensesPrograms $37,722 · Management $12,529 · Fundraising $412$50,663
IX-25 Total functional expensesPrograms $2,660,077 · Management $1,668,825 · Fundraising $231,168$4,560,070
Part X · Balance sheet $12,758,147 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $4,308,779$8,377,198
X-2 Savings and temporary cash investmentsStart of year $506,263$506,460
X-3 Pledges and grants receivableStart of year $1,180,133$1,732,016
X-4 Accounts receivableStart of year $4,492$43
X-9 Prepaid expenses and deferred chargesStart of year $21,111$27,808
X-10c Land, buildings and equipment, netStart of year $626,170$547,411
X-11 Publicly traded securitiesStart of year $1,545,163$1,535,661
X-15 Other assetsStart of year $31,550$31,550
X-16 Total assetsStart of year $8,223,661$12,758,147
X-17 Accounts payable and accrued expensesStart of year $325,774$186,070
X-25 Other liabilitiesStart of year $1,315,708$758,867
X-26 Total liabilitiesStart of year $1,724,982$944,937
X-27 Net assets without donor restrictionsStart of year $4,071,265$8,953,544
X-28 Net assets with donor restrictionsStart of year $2,427,414$2,859,666
X-32 Total net assets or fund balancesStart of year $6,498,679$11,813,210
X-33 Total liabilities and net assetsStart of year $8,223,661$12,758,147
Part XI · Reconciliation of net assets $11,813,210 net assets at year end
XI-1 Total revenue$9,901,294
XI-2 Total expenses$4,560,070
XI-3 Revenue less expenses$5,341,224
XI-4 Net assets at start of year$6,498,679
XI-5 Net unrealized gains (losses) on investments−$26,693
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$11,813,210

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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