Fosters regional innovation hubs to drive prosperity through advancements in food, health, and business.
For fiscal year 2024 it reported $989K in revenue, $1.1M in expenses, and $-783K in net assets.Pt I
Grants paid & assets · FY2024
Total revenue
$989K
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$-783K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$78K
Where spending went · Part IX cols B–D
94%
Program services $0.94 Management & general $0.06 Fundraising $0.00
Program efficiency
94%
of spending reaches programs▲ +7% vs prior filing year
Operating runway
2.4mo
months of highly liquid reserves at operating expense rate▲ +26% vs prior filing year
Surplus margin
-8%
revenue over expenses, this year▲ +27% vs prior filing year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$989K
FY2024▲ +100%
$989K$495K$0
FY2020FY2024
Expenses
$1.1M
FY2024▲ +95%
$1.1M$534K$0
FY2020FY2024
Total assets
$686K
FY2024▲ +15%
$903K$452K$0
FY2020FY2024
Total liabilities
$1.5M
FY2024▲ +13%
$1.5M$734K$0
FY2020FY2024
Total revenue
$989K
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$-783K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$78K
Total assetsPt X · Ln 16$686K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III
Where the work happens
2 program services account for $1.0M of program spending, described in the organization's own filed words · FY2024.
01
Specific Program Initiatives Include
Convene: the annual global action summit, forums at the world bank, national press club and meridian international center; challenge: multi-million dollar impact investments and awards; connect: online services, a global summit fellows program for young leaders; communicate: publications and annual reports, content sharing with the g8…
$993Kprogram expense
02
Global action platform is a member of the moc (microeconomics of competitiveness) network and serves as fiscal sponsor for the network to provide exempt organization administration and reporting in compliance with 501(c) (3) public charity accounting and auditing regulations and requirements.
Dr Scott T Massey’s $202K as Chairman & CEO
is at the 99th percentile of top reported officer pay among 1263 $100K–1M 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 · 1 named individual · Part VII
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.
Individual Dr Scott T Massey · Reported title CHAIRMAN & CEO · Highest reported compensation $202K · Total expenses $1.1M
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $225K · Total expenses $1.1M
21%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
94%
—
—
Overhead ratio
6%
—
—
Fundraising cost ratio
0%
—
—
Revenue growth
100%
—
—
Accounting fee ratio
1%
—
—
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.
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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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