Gsma Mobile for Development Foundation INC EIN 37-1552838 Form 990 (PDF) Claim this org

Gsma Mobile for Development Foundation INC

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Uses mobile technology to help the poor and distressed. For fiscal year 2025 it reported $24.2M in revenue, $23.8M in expenses, and $2.3M in net assets.Pt I

Founded
2007
Type
Supporting organization · International
Location
Atlanta, GA
Filings
6 on file (2020–2025)
Revenue
$24.2MFY2025
Expenses
$23.8M
Net assets
$2.3M
People
21
Filings
6
Updates
0
More identity details & actions ⌄
EIN  37-1552838 Supporting organization Atlanta, GA Founded 2007
Form 990 (PDF)
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Figures match the IRS filing checked 8/9/26 · see original: IRS
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Size
$10–100M
What they do
Uses mobile technology to help the poor and distressed.
Leadership
Max Cuvellier · Head of Mobile for Development · $393K
Money in and out
$24.2M revenue, $23.8M expenses
Bottom line
+2% net inflow
Money in and out · FY2025
Total revenue
$24.2M
Pt VIII · Ln 12
Total expenses
$23.8M
Pt IX · Ln 25
Net assets
$2.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $366K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.08 Fundraising $0.01
Net inflow
+2%
revenue over expenses, this year▼ -36% vs prior filing year
Pass-through gifts
99%
of revenue from contributions-0.4% vs prior filing year
Program spending
91%
of expenses reach stated programs▼ -2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$24.2M
FY2025▲ +16%
Expenses
$23.8M
FY2025▲ +17%
Total assets
$10.7M
FY2025+0.2%
Total liabilities
$8.5M
FY2025▼ -0.6%
Total revenue
$24.2M
Pt VIII · Ln 12
Total expenses
$23.8M
Pt IX · Ln 25
Net assets
$2.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$366K
Total assetsPt X · Ln 16$10.7M
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGsma Mobile for Development Foundation INC
EINHdr · item D37-1552838
Principal addressHdr · item CAtlanta, GA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2007
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q30)
Ruling yearIRS BMFMay 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Head of Mobile for Development
$393,305Pt VII · Sec A
Head of Connected Women
$241,681Pt VII · Sec A
Head of Finance & Compliance
$222,941Pt VII · Sec A
Head of Programme Delivery - a
$215,146Pt VII · Sec A
Head of Financial Inclusion an
$213,969Pt VII · Sec A
Head of the Mobile for Humanan
$213,816Pt VII · Sec A
Head of Climate & Digital Util
$208,572Pt VII · Sec A
Head of Subgrants Compliance
$156,970Pt VII · Sec A

Max Cuvellier’s $393K as Head of Mobile for Development is at the 77th percentile of top reported officer pay among 344 $10–100M international 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Max Cuvellier$393,305$264,610$270,733$207,296$194,852$173,753
Lawrence Yanovitch$171,530$235,568$272,583
Claire Sibthorpe$241,681$222,895$189,288$164,168$168,030$188,053
Lorena Ferro$222,941$187,231
Philippe Bellordre$215,146$212,228$183,146$143,960$137,240$170,516
Ashley Olson Onyango$213,969$209,145$173,743
Kimberly Brown$213,816$210,114$178,434$154,755
Akanksha Sharma$208,572

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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Mission & Programs · Part III

Where the work happens

3 program services account for $12.8M of program spending, described in the organization's own filed words · FY2024.
01

Ecosystem Accelerator (gsma Innovation Fund)

Our mission is to build synergies between start-ups and mobile operators, with the aim to scale innovative and sustainable mobile services in emerging markets. Despite an increasing number of mobile products and services in emerging markets, reaching scale is still a challenge for most.

$7.0Mprogram expense
02

Connected Women

The Connected Women program seeks to work with partners to bring significant socio-economic opportunities and benefits to women and to the mobile ecosystem globally. The program is focused on increasing women's access to and use of mobile in developing markets, as well as having a positive impact on the digital skills gender gap…

$3.2Mprogram expense
03

Mobile for Humanitarian's mission is to accelerate the delivery and impact of digital humanitarian assistance: We aim to reach 7 million people with improved access to and use of life-enhancing mobile-enabled services during humanitarian and disaster preparedness, response and recovery by 2021.

$2.6Mprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$23.8M · 99%
Other revenue$324K · 1%
Contributions & grants99%$23.8M
Other revenue1%$324K
— government grantsLn 1e$21.4M
Total revenueLn 12$24.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.08 Fundraising $0.01
Program services91%$21.7M
Management & general8%$1.8M
Fundraising1%$266K
Total functional expensesLn 25$23.8M

Balance Sheet

Part X · end of year
CashLn 1$10.4M
Total assetsLn 16$10.7M
Total liabilitiesLn 26$8.5M
Total net assetsLn 32$2.3M
Months of cash on handcomputed5.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $10.4M · Operating expenses/yr $23.8M
5.3 months
Where the money goes
Program services
Program services $21.7M · Total expenses $23.8M
91%
Management & General
Management & general $1.8M · Total expenses $23.8M
8%
Fundraising
Fundraising $266K · Total expenses $23.8M
1%
Cost to raise $1
Fundraising expense (3-yr avg) $204K · Solicited contributions (3-yr avg) $5.0M
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $23.8M · Total revenue $24.2M
99%
Government reliance
Government grants $21.4M · Total revenue $24.2M
88%
Earned-income share
Program service revenue $0 · Total revenue $24.2M
0%
Investment reliance
Investment income $0 · Total revenue $24.2M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $23.8M
0%
Growth & trend
Revenue growth (YoY)
This year $24.2M · Prior year $20.8M
+16%
Revenue CAGR
FY2019 $26.1M · FY2024 $24.2M
-1%
Net-asset trend (YoY)
End of year $2.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $24.2M · Expenses $23.8M
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $10.7M
Net-asset ratio
Net assets $2.3M · Total assets $10.7M
21%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $10.7M
0%
People & payroll
Highest Reported Total Compensation
Individual Max Cuvellier · Reported title Head of Mobile for Development · Highest reported compensation $393K · Total expenses $23.8M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $10.9M · Total expenses $23.8M
46%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 8%
Fundraising cost ratio 1%
Revenue growth 16%
Investment management fee ratio 0%
Legal fee ratio 0.7%
Accounting fee ratio 0.6%
Fundraising fee ratio 0%

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 1 funder$2.3M
Grants paid · 19 grants · $2.2M · 2019–2022
Omnivis INCFY2022$36,471
Omnivis INCFY2021$199,169
Earthspark International CorpDC · FY2021$161,139
American Refugee CommitteeMN · FY2021$54,135
Sesame WorkshopNY · FY2020$337,158
Omnivis INCFY2020$178,517
Earthspark International CorpDC · FY2020$150,581
American Refugee CommitteeMN · FY2020$142,484
Mobile Accord INC (ta Geopoll)FY2020$111,416
Safe Water NetworkNY · FY2020$65,674
Wist INCFY2020$64,487
Matontine INCFY2019$155,476
Safe Water NetworkNY · FY2019$139,972
American Refugee CommitteeMN · FY2019$90,950
Mobile Accord INC (ta Geopoll)FY2019$90,664
Wist INCFY2019$72,780
Sesame WorkshopNY · FY2019$63,488
See all 19 grants →

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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
FY2025 (Latest)$24.2M revenue · viewing · ⤓ 990 PDF
FY2024$20.8M revenue · ⤓ 990 PDF
FY2023$19.9M revenue · ⤓ 990 PDF
FY2022$24.6M revenue · ⤓ 990 PDF
FY2021$28.2M revenue · ⤓ 990 PDF
FY2020$26.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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