Global Compact Network USA INC

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Global Compact Network USA is a forum to bring U.S. Based signatory companies of the united nations Global Compact together with stakeholders to advance the ten ungc principles.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-1590003) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
32¢ of each $1 spent went to programs.
Run by 9 volunteers and 3 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $46K a year · 3% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
32%
of spending
32% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$971K
to officers and key staff · 30% of spending
Pay to officers and key staff is 30% of spending.
Part VII, Section A
3.5 mo
of spending, in cash
Plus $2.1M in investments, Pt X · Ln 11–13
3.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $9.1M
6 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$2.1M
69% of total assets
Liabilities are 69% of assets.
Pt X · Ln 26
Independent board members
12
of 12 voting members
12 of 12 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$2.0M
-18% vs prior year
Spent
$3.2M
To programs
32%
Net assets
$945K
By yearFY2020–FY2024
Revenue
$2.0M
FY2024▼ -18%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$1.9M
FY2022$1.7M
FY2023$2.5M
FY2024$2.0M
Expenses
$3.2M
FY2024▲ +21%
Tap a bar for its year
Expenses by fiscal year
FY2020$610K
FY2021$817K
FY2022$1.6M
FY2023$2.7M
FY2024$3.2M
Net assets
$945K
FY2024▼ -55%
Tap a bar for its year
Net assets by fiscal year
FY2020$968K
FY2021$2.0M
FY2022$2.2M
FY2023$2.1M
FY2024$945K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

32 cents of each dollar spent went to programs.

Program services 32% · $1.0M Management & general 51% · $1.6M Fundraising 17% · $551K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

18 people listed on the 990; $971K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director (as of June 2024)
$285,000Pt VII · Sec A
Executive Director (through June 2024)
$227,137Pt VII · Sec A
Head of Programming
$120,679Pt VII · Sec A
Former Hce
$118,000Pt VII · Sec A
Head of Communications & Operations
$117,500Pt VII · Sec A
Senior Engagement Manager
$103,006Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Richard W Pearl’s $285K as Executive Director (as of June 2024) is at the 92nd percentile of top reported officer pay among 1168 $1–10M 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

NameFY2024FY2023FY2022FY2021FY2020
Richard W Pearl$285,000$195,000———
Adam Roy Gordon$227,137$246,965———
Adam Gordon——$194,526$126,306$127,769
Jacqueline Grace——$151,771——
Claudia Herbert Colfer$120,679$118,614———
David Fiss$118,000$117,917———
Jessica D Tuquero$117,500————
Christine L Cavallo$103,006————

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.

See Global Compact Network USA INC executive salaries →

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 15aNo

Programs and updates

Connects U.S. companies and stakeholders to promote UN Global Compact principles.

Questions for Global Compact Network USA INC

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1 program · $1.0M · in their own filed words · FY2024
01

Global Compact Network USA organized virtual and in-person events convening corporate sustainability leaders, civil society organizations, and United Nations representatives. These multi-stakeholder forums promoted awareness and the sharing of best practices related to the UN Global Compact's Ten Principles, the United Nations…

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-1590003) · Dispute this line
$1.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.0M
Ln 12
Gifts and grantsLn 1h$2.0M
Investment incomeLn 3$32K
Other incomeLn 4–11$11K
Money outPt IX
$3.2M
Ln 25
Programscol B$1.0M
Managementcol C$1.6M
Fundraisingcol D$551K
Owns and owesPt X
$945K
net assets · Ln 32
Cash and savingsLn 1–2$948K
Total assetsLn 16$3.1M
LiabilitiesLn 26$2.1M
PeoplePt VI, VII
18
listed · VII A
PaidVII A6
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.0M
Investment incomeLn 3$32K
Other incomeLn 4–11$11K
Gains on assetsLn 7$6K
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
CashLn 1$622K
SavingsLn 2$326K
Cash and savings togetherLn 1–2$948K
Prepaid expenses and deferred chargesLn 9$399
InvestmentsLn 11–13$2.1M
Total assetsLn 16$3.1M
LiabilitiesLn 26$2.1M
Net assetsLn 32$945K
OperationsPt I, VI
EmployeesI 53
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.8M$948K
InvestmentsLn 11–13$1.6M$2.1M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$3.4M$3.1M
LiabilitiesLn 26$1.3M$2.1M
Net assetsLn 32$2.1M$945K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$1.2M$385K$565K$286K
Other employee benefitsLn 9$269K$84K$123K$62K
Payroll taxesLn 10$102K$32K$47K$24K
Other fees for servicesLn 11g$838K$220K$543K$75K
Advertising and promotionLn 12$51K$51K$11
Office expensesLn 13$303K$17K$256K$30K
OccupancyLn 16$13K$4K$6K$3K
TravelLn 17$33K$8K$10K$15K
Conferences, conventions and meetingsLn 19$322K$263K$17K$41K
InsuranceLn 23$19K$6K$9K$4K
Other expenses (24a–d)Ln 24$46K$14K$21K$11K
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$3.2M$1.0M$1.6M$551K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 14, 2025 $2.0M$3.2M−$1.2M$945K 990 PDF
FY2023Filed with the IRS Nov 14, 2024 $2.5M$2.7M−$180K$2.1M 990 PDF
FY2022Filed with the IRS Nov 14, 2023 $1.7M$1.6M$174K$2.2M 990 PDF
FY2021Filed with the IRS Nov 11, 2022 $1.9M$817K$1.0M$2.0M 990 PDF
FY2020Filed with the IRS Nov 14, 2021 $1.0M$610K$398K$968K 990 PDF

Schedules filed Part IV

A · Public support I · Grants J · Pay O · Explanations
See the full FY2024 990
Part I · Summary $2,035,166 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,434,819$1,992,573
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $45,910$37,955
I-11 Other revenuePrior year $8,995$4,638
I-12 Total revenuePrior year $2,489,724$2,035,166
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,277,997$1,607,521
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,391,576$1,623,719
I-18 Total expensesPrior year $2,669,573$3,231,240
I-19 Revenue less expensesPrior year −$179,849−$1,196,074
Part VI · Governance 12 of 12 board members independent, 3 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $2,035,166 across 6 lines filed
VIII-1f All other contributions, gifts and grants$1,992,573
VIII-1h Total contributions, gifts and grants$1,992,573
VIII-3 Investment incomeExcluded from tax $31,691$31,691
VIII-7 Net gain or loss on sales of assetsExcluded from tax $6,264$6,264
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,638$4,638
VIII-12 Total revenueRelated to mission $4,638 · Unrelated business $0 · Excluded from tax $37,955$2,035,166
Part IX · Statement of functional expenses $3,231,240 across 12 lines filed
IX-7 Other salaries and wagesPrograms $385,227 · Management $565,344 · Fundraising $286,359$1,236,930
IX-9 Other employee benefitsPrograms $83,658 · Management $122,774 · Fundraising $62,188$268,620
IX-10 Payroll taxesPrograms $31,758 · Management $46,606 · Fundraising $23,607$101,971
IX-11g Other fees for servicesPrograms $220,262 · Management $542,580 · Fundraising $74,954$837,796
IX-12 Advertising and promotionManagement $50,660 · Fundraising $11$50,671
IX-13 Office expensesPrograms $16,829 · Management $255,899 · Fundraising $29,970$302,698
IX-16 OccupancyPrograms $4,015 · Management $5,892 · Fundraising $2,985$12,892
IX-17 TravelPrograms $7,982 · Management $10,226 · Fundraising $14,909$33,117
IX-19 Conferences, conventions and meetingsPrograms $263,257 · Management $17,161 · Fundraising $41,207$321,625
IX-23 InsurancePrograms $5,633 · Management $8,930 · Fundraising $4,187$18,750
IX-24 Other expenses (24a–d)Programs $14,379 · Management $21,102 · Fundraising $10,689$46,170
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $1,033,000 · Management $1,647,174 · Fundraising $551,066$3,231,240
Part X · Balance sheet $3,056,807 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $1,295,060$622,426
X-2 Savings and temporary cash investmentsStart of year $502,871$326,029
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $48,558$399
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $1,556,112$2,107,953
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $3,402,601$3,056,807
X-17 Accounts payable and accrued expensesStart of year $219,704$712,013
X-22 Loans from officers and insidersStart of year $0$0
X-25 Other liabilitiesStart of year $1,105,548$1,400,058
X-26 Total liabilitiesStart of year $1,325,252$2,112,071
X-27 Net assets without donor restrictionsStart of year $2,077,349$944,736
X-32 Total net assets or fund balancesStart of year $2,077,349$944,736
X-33 Total liabilities and net assetsStart of year $3,402,601$3,056,807
Part XI · Reconciliation of net assets $944,736 net assets at year end
XI-1 Total revenue$2,035,166
XI-2 Total expenses$3,231,240
XI-3 Revenue less expenses−$1,196,074
XI-4 Net assets at start of year$2,077,349
XI-5 Net unrealized gains (losses) on investments$63,461
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$944,736

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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