Global Communities INC FY2023 filing

Tax-deductible

Bethesda, MD501(c)(3)Since 1952InternationalEIN 52-0846183Revenue $181.5M in FY2023

On file with the IRSglobalcommunities.org7700 Wisconsin Ave, 20814-3581 · Bethesda, MDTax-exempt since Mar 1968Publicly supported — 509(a)(2)

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Global Communities brings together local ingenuity and Global insights to save lives and secure strong futures.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
$3.8M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $692K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.8M
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
23
named funders · $10.8M
Looks good: 23 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$151.7M
48% of total assets
Looks good: liabilities are 48% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$181.5M
-5% vs prior year
Spent
$188.7M
To programs
83%
Net assets
$161.2M
By yearFY2020–FY2025
Revenue
$181.5M
FY2023▼ -5%
Tap a bar for its year
Revenue by fiscal year
FY2020$110.6M
FY2021$140.7M
FY2022$190.8M
FY2023$181.5M
FY2024$173.2M
FY2025$112.1M
Expenses
$188.7M
FY2023▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$111.2M
FY2021$129.4M
FY2022$175.7M
FY2023$188.7M
FY2024$176.0M
FY2025$123.8M
Net assets
$161.2M
FY2023▼ -1%
Tap a bar for its year
Net assets by fiscal year
FY2020$135.7M
FY2021$154.2M
FY2022$163.6M
FY2023$161.2M
FY2024$158.6M
FY2025$134.7M

From the FY2023 Form 990 (year ending September 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1968.

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

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $155.8M Management & general 16% · $30.8M Fundraising 1% · $2.1M

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

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Who runs it and what they're paid

28 people listed on the 990; $3.8M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Former Off. Then SR Adv. Eff. 9/22
$480,849Pt VII · Sec A
President & CEO (beg. 10/1/22)
$441,989Pt VII · Sec A
Country Director
$320,090Pt VII · Sec A
Chief of Party
$281,087Pt VII · Sec A
VP & Chief Financial Officer
$274,866Pt VII · Sec A
Chief of Party
$274,101Pt VII · Sec A
SR VP, Glob. Prog. (end 05/12/23)
$267,479Pt VII · Sec A
Executive VP & COO
$263,826Pt VII · Sec A

Carolyn Hessler-Radelet’s $455K as President & CEO is at the 50th percentile of top reported officer pay among 88 $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
David Weiss See Schedule O—$595,506$480,849———
David Weiss———$433,907$459,294$420,937
Carrie Hessler-Radelet—$455,274$441,989$122,969——
Carolyn Hessler-Radelet$455,244—————
Brian Kemple—$363,663$281,087$243,241——
Brian K Kemple$349,199—————
Travis Gartner—$341,959$320,090$270,275——
Eric M O'Neill$316,408—————

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 Communities INC executive salaries →

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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 15aYes

Programs and updates

Provides microcredit and small enterprise loans to low-income individuals in developing countries.

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Provided by the organization

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2 programs · $155.8M · in their own filed words · FY2022
01

Technical Assistance

Global communities provides assistance to individuals and international governmental and private organizations that in turn assist their citizens or members in improving their communities.

$154.0Mprogram expense
02

Capital Assistance

Through its subsidiaries, global communities makes micro credit and small enterprise loans at prevailing market interest rates to low-income individuals in developing countries.

$1.8Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 23 funders →
Grants paid · 185 grants · $40.4M · 2019–2024
Save the Children Federation INCCT · FY2024$2,690,571
Catholic Relief ServicesMD · FY2024$1,075,063
The Aquaya InstituteCA · FY2024$490,658
Juarez and Associates INCFY2024$311,212
Safe Water NetworkNY · FY2024$260,107
IdeCO · FY2024$257,854
Wateraid America INCNY · FY2024$207,529
Water4OK · FY2024$156,620
Democracy at Work InstituteCA · FY2024$143,338
World Vision INCWA · FY2024$140,704
Acute Incite LLCFY2024$133,044
Sesame WorkshopNY · FY2024$126,616
Overseas Strategic Consulting LtdFY2024$118,063
The Canopy LabFY2024$106,287
Deloitte Consulting LLPFY2024$105,812
See all 185 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$181.5M
Ln 12
Gifts and grantsLn 1h$172.8M
Fees for servicesLn 2g$6.9M
Investment incomeLn 3$1.1M
Money outPt IX
$188.7M
Ln 25
Programscol B$155.8M
Managementcol C$30.8M
Fundraisingcol D$2.1M
Owns and owesPt X
$161.2M
net assets · Ln 32
Cash and savingsLn 1–2$70.7M
Total assetsLn 16$313.0M
LiabilitiesLn 26$151.7M
PeoplePt VI, VII
28
listed · VII A
PaidVII A13
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$172.8M
Government grantsLn 1e$155.2M
Fees for servicesLn 2g$6.9M
Investment incomeLn 3$1.1M
Other incomeLn 4–11$665K
Gains on assetsLn 7−$708K
Total revenueLn 12$181.5M
Assets in detailPt X, end of year
CashLn 1$18K
SavingsLn 2$70.7M
Cash and savings togetherLn 1–2$70.7M
InvestmentsLn 11–13$70.1M
Land, buildings, equipmentLn 10c$9.0M
Other assetsLn 15$12.1M
Total assetsLn 16$313.0M
LiabilitiesLn 26$151.7M
Net assetsLn 32$161.2M
OperationsPt I, VI
EmployeesI 5221
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$56.4M$70.7M
InvestmentsLn 11–13$72.7M$70.1M
Land, buildings, equipmentLn 10c$8.4M$9.0M
Total assetsLn 16$309.9M$313.0M
LiabilitiesLn 26$146.2M$151.7M
Net assetsLn 32$163.6M$161.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$8.5M$8.5M
Grants and assistance to foreign recipientsLn 3$46.3M$46.3M
Pay of current officers, directors and key staffLn 5$2.3M$2.3M
Pay of disqualified personsLn 6$757K$757K
Other salaries and wagesLn 7$46.2M$31.9M$13.1M$1.2M
Pension plan contributionsLn 8$1.8M$1.5M$290K$41K
Other employee benefitsLn 9$15.7M$11.0M$4.4M$307K
Payroll taxesLn 10$1.5M$1.1M$435K$30K
Legal feesLn 11b$565K$309K$256K
Accounting feesLn 11c$645K$390K$254K
Lobbying feesLn 11d$19K$19K
Investment management feesLn 11f$274K$274K
Other fees for servicesLn 11g$4.2M$3.1M$809K$280K
Advertising and promotionLn 12$237K$184K$53K
Office expensesLn 13$2.8M$2.6M$165K$47K
OccupancyLn 16$2.7M$2.0M$686K
TravelLn 17$4.1M$3.4M$572K$154K
Conferences, conventions and meetingsLn 19$870K$687K$182K
Depreciation, depletion and amortizationLn 22$9K$9K
InsuranceLn 23$890K$484K$406K$265
Other expenses (24a–d)Ln 24$41.0M$38.5M$2.5M$83K
All other expensesLn 24e$7.3M$3.9M$3.3M$17K
Total functional expensesLn 25$188.7M$155.8M$30.8M$2.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $112.1M$123.8M−$11.7M$134.7M 990 PDF
FY2024 $173.2M$176.0M−$2.8M$158.6M 990 PDF
FY2023 Viewing $181.5M$188.7M−$7.2M$161.2M 990 PDF
FY2022 $190.8M$175.7M$15.1M$163.6M 990 PDF
FY2021 $140.7M$129.4M$11.4M$154.2M 990 PDF
FY2020 $110.6M$111.2M−$628K$135.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $181,533,521 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $171,894,601$172,837,734
I-9 Program service revenuePrior year $15,351,773$6,909,407
I-10 Investment incomePrior year $2,555,984$1,121,618
I-11 Other revenuePrior year $1,004,365$664,762
I-12 Total revenuePrior year $190,806,723$181,533,521
I-13 Grants and similar amounts paidPrior year $48,428,795$54,758,811
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $68,384,419$68,323,384
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $58,849,834$65,634,308
I-18 Total expensesPrior year $175,663,048$188,716,503
I-19 Revenue less expensesPrior year $15,143,675−$7,182,982
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $181,533,521 across 10 lines filed
VIII-1d Related organizations$9,963,845
VIII-1e Government grants$155,240,485
VIII-1f All other contributions, gifts and grants$7,633,404
VIII-1h Total contributions, gifts and grants$172,837,734
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,909,407$6,909,407
VIII-3 Investment incomeExcluded from tax $1,829,588$1,829,588
VIII-6 Net rental income or lossExcluded from tax $352,466$352,466
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$707,970−$707,970
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $312,296$312,296
VIII-12 Total revenueRelated to mission $6,909,407 · Unrelated business $0 · Excluded from tax $1,786,380$181,533,521
Part IX · Statement of functional expenses $188,716,503 across 22 lines filed
IX-1 Grants to domestic organizationsPrograms $8,487,462$8,487,462
IX-3 Grants and assistance to foreign recipientsPrograms $46,271,349$46,271,349
IX-5 Pay of current officers, directors and key staffManagement $2,298,982$2,298,982
IX-6 Pay of disqualified personsManagement $757,420$757,420
IX-7 Other salaries and wagesPrograms $31,912,654 · Management $13,145,024 · Fundraising $1,151,036$46,208,714
IX-8 Pension plan contributionsPrograms $1,464,851 · Management $289,583 · Fundraising $40,747$1,795,181
IX-9 Other employee benefitsPrograms $11,043,110 · Management $4,376,048 · Fundraising $307,184$15,726,342
IX-10 Payroll taxesPrograms $1,071,953 · Management $434,974 · Fundraising $29,818$1,536,745
IX-11b Legal feesPrograms $308,972 · Management $256,077$565,049
IX-11c Accounting feesPrograms $390,255 · Management $254,320$644,575
IX-11d Lobbying feesFundraising $18,543$18,543
IX-11f Investment management feesManagement $274,470$274,470
IX-11g Other fees for servicesPrograms $3,108,974 · Management $809,080 · Fundraising $279,974$4,198,028
IX-12 Advertising and promotionPrograms $183,868 · Management $52,660$236,528
IX-13 Office expensesPrograms $2,596,619 · Management $164,538 · Fundraising $46,856$2,808,013
IX-16 OccupancyPrograms $1,999,836 · Management $685,669$2,685,505
IX-17 TravelPrograms $3,362,510 · Management $571,687 · Fundraising $154,242$4,088,439
IX-19 Conferences, conventions and meetingsPrograms $687,363 · Management $182,371$869,734
IX-22 Depreciation, depletion and amortizationManagement $9,349$9,349
IX-23 InsurancePrograms $483,590 · Management $405,905 · Fundraising $265$889,760
IX-24 Other expenses (24a–d)Programs $38,502,519 · Management $2,450,613 · Fundraising $82,798$41,035,930
IX-24e All other expensesPrograms $3,945,266 · Management $3,348,420 · Fundraising $16,699$7,310,385
IX-25 Total functional expensesPrograms $155,821,151 · Management $30,767,190 · Fundraising $2,128,162$188,716,503
Part X · Balance sheet $312,952,435 assets, 19 lines filed
Asset lines not itemized here account for $111,603,159; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $13,281$17,544
X-2 Savings and temporary cash investmentsStart of year $56,392,073$70,701,053
X-3 Pledges and grants receivableStart of year $34,969,149$27,941,699
X-4 Accounts receivableStart of year $5,690,858$6,740,440
X-9 Prepaid expenses and deferred chargesStart of year $2,860,905$2,734,546
X-10c Land, buildings and equipment, netStart of year $8,437,713$8,961,595
X-11 Publicly traded securitiesStart of year $47,164,647$44,801,294
X-12 Other securitiesStart of year $145,328$150,766
X-13 Program-related investmentsStart of year $25,415,209$25,177,695
X-14 Intangible assetsStart of year $1,612,715$2,047,051
X-15 Other assetsStart of year $11,990,973$12,075,593
X-16 Total assetsStart of year $309,886,108$312,952,435
X-17 Accounts payable and accrued expensesStart of year $22,866,063$23,393,466
X-25 Other liabilitiesStart of year $10,671,592$12,717,519
X-26 Total liabilitiesStart of year $146,249,772$151,732,352
X-27 Net assets without donor restrictionsStart of year $127,267,731$126,543,315
X-28 Net assets with donor restrictionsStart of year $36,368,605$34,676,768
X-32 Total net assets or fund balancesStart of year $163,636,336$161,220,083
X-33 Total liabilities and net assetsStart of year $309,886,108$312,952,435
Part XI · Reconciliation of net assets $161,220,083 net assets at year end
XI-1 Total revenue$181,533,521
XI-2 Total expenses$188,716,503
XI-3 Revenue less expenses−$7,182,982
XI-4 Net assets at start of year$163,636,336
XI-5 Net unrealized gains (losses) on investments$4,600,387
XI-9 Other changes in net assets$166,342
XI-10 Net assets at end of year$161,220,083

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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