Igda Foundation EIN 20-5991931

Igda Foundation

EIN  20-5991931 Public charity (501(c)(3)) Washington, DC
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Promotes diversity and inclusion in game development to improve developers' lives.
Leadership
Ed Fries · Board Chair
Money in and out
$211K revenue, $204K expenses
Bottom line
61% program efficiency

Promotes diversity and inclusion in game development to improve developers' lives. For fiscal year 2024 it reported $211K in revenue, $204K in expenses, and $275K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$211K
Pt VIII · Ln 12
Total expenses
$204K
Pt IX · Ln 25
Net assets
$275K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $7K
Where spending went · Part IX cols B–D
Program services $0.61 Management & general $0.26 Fundraising $0.13
Program efficiency
61%
of spending reaches programs
Operating runway
17.1mo
months of highly liquid reserves at operating expense rate▲ +47% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▲ +103% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$211K
FY2024▲ +65%
Expenses
$204K
FY2024▼ -65%
Total assets
$290K
FY2024▼ -30%
Total liabilities
$15K
FY2024▼ -22%
Total revenue
$211K
Pt VIII · Ln 12
Total expenses
$204K
Pt IX · Ln 25
Net assets
$275K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$7K
Total assetsPt X · Ln 16$290K
Program-expense ratioPt IX · col B61%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $124K of program spending, described in the organization's own filed words · FY2024.
01

Empowering underrepresented game developers at the game developers conference (gdc):in 2024, the igda foundation provided financial support and programming to empower over 60 individuals from underrepresented backgrounds to attend the game developers conference in san francisco.

$124Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CIgda Foundation
EINHdr · item D20-5991931
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.igdafoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFAug 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member (as of 12/2024)
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Igda Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$209K · 99%
Investment income$1K · 1%
Contributions & grants99%$209K
Investment income1%$1K
Total revenueLn 12$211K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.61 Management & general $0.26 Fundraising $0.13
Program services61%$124K
Management & general26%$52K
Fundraising13%$27K
Total functional expensesLn 25$204K

Balance Sheet

Part X · end of year
CashLn 1$290K
Total assetsLn 16$290K
Total liabilitiesLn 26$15K
Total net assetsLn 32$275K
Months of cash on handcomputed17.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $290K · Operating expenses/yr $204K
17.1 months
Where the money goes
Program services
Program services $124K · Total expenses $204K
61%
Management & General
Management & general $52K · Total expenses $204K
26%
Fundraising
Fundraising $27K · Total expenses $204K
13%
Cost to raise $1
Fundraising expense $27K · Solicited contributions $209K
$0.13 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $209K · Total revenue $211K
99%
Government reliance
Government grants — · Total revenue $211K
Earned-income share
Program service revenue $0 · Total revenue $211K
0%
Investment reliance
Investment income $1K · Total revenue $211K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $204K
0%
Growth & trend
Revenue growth (YoY)
This year $211K · Prior year $127K
+65%
Revenue CAGR
FY2020 $722K · FY2024 $211K
-26%
Net-asset trend (YoY)
End of year $275K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $211K · Expenses $204K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $290K
Net-asset ratio
Net assets $275K · Total assets $290K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $290K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ed Fries · Reported title BOARD CHAIR · Highest reported compensation $0 · Total expenses $204K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $204K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 61%
Overhead ratio 26%
Fundraising cost ratio 13%
Revenue growth 65%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$96K
Grants paid · 14 grants · $253K · 2020–2024
Unitemized GrantFY2021$116,000
Powell Consulting GroupFY2021$18,000
Global Game JamCA · FY2021$10,000
Global Game JamCA · FY2020$14,667
Take This INCWA · FY2020$12,650
Stack UpCA · FY2020$12,650
Games for Change INCNY · FY2020$12,650
Child's PlayWA · FY2020$12,650
Unitemized GrantFY2020$5,940
Unitemized GrantFY2020$2,977
Unitemized GrantFY2020$1,261

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$211K revenue · viewing · ⤓ 990 PDF
FY2023$127K revenue · ⤓ 990 PDF
FY2022$185K revenue · ⤓ 990 PDF
FY2021$430K revenue · ⤓ 990 PDF
FY2020$722K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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