Grantmakers for Effective Organizations FY2022 filing

Tax-deductible

Washington, DC501(c)(3)Since 2002Foundations & GrantmakersEIN 01-0669150Revenue $6.1M in FY2022

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.
65¢ 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

FY2022 · 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
65%
of spending
Worth a look: 65% 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 · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
16 mo
of spending, in cash
Looks good: 16.1 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
$2.0M
15% of total assets
Looks good: liabilities are 15% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.1M
-38% vs prior year
Spent
$6.5M
To programs
65%
Net assets
$11.3M
By yearFY2020–FY2024
Revenue
$6.1M
FY2022▼ -38%
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
$6.5M
FY2022▲ +42%
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
$11.3M
FY2022▼ -4%
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 FY2022 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2022 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

65 cents of each dollar spent went to programs.

Program services 65% · $4.2M Management & general 30% · $2.0M Fundraising 5% · $319K

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
$317,631Pt VII · Sec A
Executive Vice President
$219,727Pt VII · Sec A
Vice President, Operations
$184,236Pt VII · Sec A
Vice President, Programs
$173,222Pt VII · Sec A
Director of Programs
$129,529Pt VII · Sec A
Director, People & Culture
$126,257Pt VII · Sec A
Vice President of External Affairs
$118,584Pt VII · Sec A
Director of Comm & Marketing
$116,248Pt 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.

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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 · $3.9M · in their own filed words · FY2022
01

Member Programs

Geo is a diverse community of nearly 500 grantmaking organizations working to transform philanthropic culture and practice. In 2022, grantmakers addressed shared challenges in grantmaking through geo's peer learning programs including webinars, member calls and remote learning series.

$1.8Mprogram expense
02

Conferences

Geo conferences educate and inspire action. In 2022, we held a national conference that convened almost 700 grantmakers both in person and virtually due to the ongoing covid pandemic. About 600 participants gathered in chicago to connect with each other and hear from dynamic speakers on topics related to shifting philanthropic culture.

$1.4Mprogram expense
03

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.

$681Kprogram 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 FY2022 990, line by line.

1The main four
Money inPt VIII
$6.1M
Ln 12
Gifts and grantsLn 1h$5.3M
Fees for servicesLn 2g$790K
Investment incomeLn 3$41K
Money outPt IX
$6.5M
Ln 25
Programscol B$4.2M
Managementcol C$2.0M
Fundraisingcol D$319K
Owns and owesPt X
$11.3M
net assets · Ln 32
Cash and savingsLn 1–2$8.7M
Total assetsLn 16$13.4M
LiabilitiesLn 26$2.0M
PeoplePt VI, VII
20
listed · VII A
PaidVII A9
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.3M
Fees for servicesLn 2g$790K
Investment incomeLn 3$41K
Other incomeLn 4–11$1K
Total revenueLn 12$6.1M
Assets in detailPt X, end of year
CashLn 1$3.2M
SavingsLn 2$5.5M
Cash and savings togetherLn 1–2$8.7M
InvestmentsLn 11–13$1.5M
Land, buildings, equipmentLn 10c$440K
Other assetsLn 15$1.3M
Total assetsLn 16$13.4M
LiabilitiesLn 26$2.0M
Net assetsLn 32$11.3M
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 FY22End FY22
Cash and savingsLn 1–2$8.9M$8.7M
InvestmentsLn 11–13$1.5M$1.5M
Land, buildings, equipmentLn 10c$547K$440K
Total assetsLn 16$12.8M$13.4M
LiabilitiesLn 26$945K$2.0M
Net assetsLn 32$11.8M$11.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$55K$55K
Pay of current officers, directors and key staffLn 5$1.0M$438K$532K$60K
Other salaries and wagesLn 7$2.0M$1.3M$539K$145K
Pension plan contributionsLn 8$104K$68K$28K$8K
Other employee benefitsLn 9$330K$197K$110K$22K
Payroll taxesLn 10$214K$127K$73K$14K
Legal feesLn 11b$41K$41K
Accounting feesLn 11c$117K$117K
Other fees for servicesLn 11g$617K$435K$172K$10K
Office expensesLn 13$85K$51K$29K$5K
OccupancyLn 16$297K$176K$101K$20K
TravelLn 17$184K$124K$49K$12K
Conferences, conventions and meetingsLn 19$833K$823K$9K$933
Depreciation, depletion and amortizationLn 22$128K$76K$43K$9K
InsuranceLn 23$27K$10K$17K$118
Other expenses (24a–d)Ln 24$361K$273K$82K$6K
All other expensesLn 24e$79K$52K$20K$7K
Total functional expensesLn 25$6.5M$4.2M$2.0M$319K

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 Viewing $6.1M$6.5M−$379K$11.3M 990 PDF
FY2021 $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 I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $6,097,869 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $9,611,904$5,265,542
I-9 Program service revenuePrior year $271,930$790,250
I-10 Investment incomePrior year $17,420$40,989
I-11 Other revenuePrior year $40$1,088
I-12 Total revenuePrior year $9,901,294$6,097,869
I-13 Grants and similar amounts paidPrior year $0$54,600
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,093,770$3,652,996
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,466,300$2,768,801
I-18 Total expensesPrior year $4,560,070$6,476,397
I-19 Revenue less expensesPrior year $5,341,224−$378,528
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
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 $6,097,869 across 7 lines filed
VIII-1b Membership dues$2,288,170
VIII-1f All other contributions, gifts and grants$2,977,372
VIII-1h Total contributions, gifts and grants$5,265,542
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $790,250$790,250
VIII-3 Investment incomeExcluded from tax $40,989$40,989
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,088$1,088
VIII-12 Total revenueRelated to mission $791,338 · Unrelated business $0 · Excluded from tax $40,989$6,097,869
Part IX · Statement of functional expenses $6,476,397 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $54,600$54,600
IX-5 Pay of current officers, directors and key staffPrograms $438,149 · Management $531,819 · Fundraising $59,797$1,029,765
IX-7 Other salaries and wagesPrograms $1,291,147 · Management $539,166 · Fundraising $144,723$1,975,036
IX-8 Pension plan contributionsPrograms $68,063 · Management $28,195 · Fundraising $7,699$103,957
IX-9 Other employee benefitsPrograms $197,365 · Management $109,947 · Fundraising $22,466$329,778
IX-10 Payroll taxesPrograms $126,973 · Management $73,062 · Fundraising $14,425$214,460
IX-11b Legal feesManagement $40,753$40,753
IX-11c Accounting feesManagement $117,116$117,116
IX-11g Other fees for servicesPrograms $434,532 · Management $172,094 · Fundraising $10,128$616,754
IX-13 Office expensesPrograms $51,215 · Management $29,340 · Fundraising $4,773$85,328
IX-16 OccupancyPrograms $175,726 · Management $101,046 · Fundraising $20,365$297,137
IX-17 TravelPrograms $123,639 · Management $48,506 · Fundraising $11,818$183,963
IX-19 Conferences, conventions and meetingsPrograms $822,969 · Management $9,352 · Fundraising $933$833,254
IX-22 Depreciation, depletion and amortizationPrograms $75,923 · Management $42,630 · Fundraising $9,261$127,814
IX-23 InsurancePrograms $10,164 · Management $16,908 · Fundraising $118$27,190
IX-24 Other expenses (24a–d)Programs $273,253 · Management $82,111 · Fundraising $5,559$360,923
IX-24e All other expensesPrograms $52,007 · Management $19,760 · Fundraising $6,802$78,569
IX-25 Total functional expensesPrograms $4,195,725 · Management $1,961,805 · Fundraising $318,867$6,476,397
Part X · Balance sheet $13,379,679 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $8,377,198$3,195,646
X-2 Savings and temporary cash investmentsStart of year $506,460$5,519,661
X-3 Pledges and grants receivableStart of year $1,732,016$1,421,128
X-4 Accounts receivableStart of year $43$16,597
X-9 Prepaid expenses and deferred chargesStart of year $27,808$45,812
X-10c Land, buildings and equipment, netStart of year $547,411$439,748
X-11 Publicly traded securitiesStart of year $1,535,661$1,459,785
X-15 Other assetsStart of year $31,550$1,281,302
X-16 Total assetsStart of year $12,758,147$13,379,679
X-17 Accounts payable and accrued expensesStart of year $186,070$292,479
X-19 Deferred revenue$56,379
X-25 Other liabilitiesStart of year $758,867$1,699,803
X-26 Total liabilitiesStart of year $944,937$2,048,661
X-27 Net assets without donor restrictionsStart of year $8,953,544$8,874,575
X-28 Net assets with donor restrictionsStart of year $2,859,666$2,456,443
X-32 Total net assets or fund balancesStart of year $11,813,210$11,331,018
X-33 Total liabilities and net assetsStart of year $12,758,147$13,379,679
Part XI · Reconciliation of net assets $11,331,018 net assets at year end
XI-1 Total revenue$6,097,869
XI-2 Total expenses$6,476,397
XI-3 Revenue less expenses−$378,528
XI-4 Net assets at start of year$11,813,210
XI-5 Net unrealized gains (losses) on investments−$103,664
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$11,331,018

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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