Global Development Services INC EIN 41-1996847

Global Development Services INC FY2020 filing

EIN  41-1996847 Public charity (501(c)(3)) Spicer, MN Founded 2001
Form 990 (PDF)
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Size
<$100K
What they do
Supports children's homes, schools, and medical facilities globally through social and financial aid.
Leadership
Mike Calvin · Director
Money in and out
$201K revenue, $154K expenses
Bottom line
99% program efficiency

Supports children's homes, schools, and medical facilities globally through social and financial aid. For fiscal year 2020 it reported $201K in revenue, $154K in expenses, and $551K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$201K
Pt VIII · Ln 12
Total expenses
$154K
Pt IX · Ln 25
Net assets
$551K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $47K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs
Operating runway
5.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+23%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$201K
FY2020
Expenses
$154K
FY2020
Total assets
$619K
FY2020
Total liabilities
$69K
FY2020
Total revenue
$201K
Pt VIII · Ln 12
Total expenses
$154K
Pt IX · Ln 25
Net assets
$551K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$47K
Total assetsPt X · Ln 16$619K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $152K of program spending, described in the organization's own filed words · FY2020.
01

Provided social and financial aid to children's homes, schools, and medical facilities for the underprivileged in guatemala. Working toward the construction of a vocational school in the region.

$152Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGlobal Development Services INC
EINHdr · item D41-1996847
Principal addressHdr · item CSpicer, MN
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2001
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q12)
Ruling yearIRS BMFJun 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$201K
Investment income$35
Total revenueLn 12$201K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$152K
Management & general1%$2K
Total functional expensesLn 25$154K

Balance Sheet

Part X · end of year
CashLn 1$69K
Total assetsLn 16$619K
Total liabilitiesLn 26$69K
Total net assetsLn 32$551K
Months of cash on handcomputed5.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $69K · Operating expenses/yr $154K
5.4 months
Where the money goes
Program services
Program services $152K · Total expenses $154K
99%
Management & General
Management & general $2K · Total expenses $154K
1%
Fundraising
Fundraising $0 · Total expenses $154K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $201K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $201K · Total revenue $201K
100%
Government reliance
Government grants — · Total revenue $201K
Earned-income share
Program service revenue $0 · Total revenue $201K
0%
Investment reliance
Investment income $35 · Total revenue $201K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $154K
0%
Growth & trend
Revenue growth (YoY)
This year $201K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $551K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $201K · Expenses $154K
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $619K
Net-asset ratio
Net assets $551K · Total assets $619K
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $619K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mike Calvin · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $154K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $154K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Fundraising cost ratio 0%
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.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$5K
Grants paid · 16 grants · $390K · 2020–2025
Community GivingMN · FY2025$9,000
Unitemized GrantFY2023$86,305
Unitemized GrantFY2023$20,100
Unitemized GrantFY2023$2,200
OchaetaFY2022$75,858
Unitemized GrantFY2022$30,600
Bild-InternationalIA · FY2022$30,505
Unitemized GrantFY2022$20,900
Mission EurasiaIL · FY2022$17,000
LatnFY2022$10,525
Unitemized GrantFY2021$20,300
Unitemized GrantFY2021$17,500
Unitemized GrantFY2021$8,000
Unitemized GrantFY2020$20,000
Unitemized GrantFY2020$11,500

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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)$21K revenue · ⤓ 990 PDF
FY2024$14K revenue · ⤓ 990 PDF
FY2023$168K revenue · ⤓ 990 PDF
FY2022$139K revenue · ⤓ 990 PDF
FY2021$190K revenue · ⤓ 990 PDF
FY2020$201K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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