Center for Global Development EIN 52-2351337

Center for Global Development FY2021 filing

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Researches global health inequities and emerging problems to advise governments and donors on effective, evidence-based policies. For fiscal year 2021 it reported $14.3M in revenue, $20.0M in expenses, and $54.7M in net assets.Pt I

Founded
2001
Type
Public charity (501(c)(3)) · Human Services
Location
Washington, DC
Website
www.cgdev.org
Filings
5 on file (2020–2021)
Revenue
$14.3MFY2021
Expenses
$20.0M
Net assets
$54.7M
People
30
Filings
5
Updates
0
More identity details & actions ⌄
EIN  52-2351337 Public charity (501(c)(3)) Washington, DC Founded 2001
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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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
Researches global health inequities and emerging problems to advise governments and donors on effective, evidence-based policies.
Leadership
Masood Ahmed · President · $439K
Money in and out
$14.3M revenue, $20.0M expenses
Bottom line
88% program efficiency
Where the money goes · FY2021
Total revenue
$14.3M
Pt VIII · Ln 12
Total expenses
$20.0M
Pt IX · Ln 25
Net assets
$54.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$5.7M
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.07 Fundraising $0.05
Program efficiency
88%
of spending reaches programs
Operating runway
26.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-39%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$14.3M
FY2021▼ -49%
Expenses
$20.0M
FY2021▼ -3%
Total assets
$65.8M
FY2021▼ -10%
Total liabilities
$11.1M
FY2021▼ -5%
Total revenue
$14.3M
Pt VIII · Ln 12
Total expenses
$20.0M
Pt IX · Ln 25
Net assets
$54.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$5.7M
Total assetsPt X · Ln 16$65.8M
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 323
Independent voting membersPt I · Ln 422
Mission & Programs · Part III

Where the work happens

1 program service account for $17.6M of program spending, described in the organization's own filed words · FY2021.
01

Provided new research, data, consultation, public events and seminars, publications, and policy proposals to help address global issues on health, education, technology, access to finance, migration, and other development ISSUES.GLOBAL health - as more countries rise out of poverty, CGD is focusing on the inequities and emerging problems…

$17.6Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCenter for Global Development
EINHdr · item D52-2351337
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.cgdev.org
Year of formationHdr · item L2001
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFJun 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a23
Independent voting membersPt VI · Ln 1b22
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$439,146Pt VII · Sec A
Executive Vice President
$342,028Pt VII · Sec A
Chief Financial Officer
$251,132Pt VII · Sec A
Senior Fellow
$210,208Pt VII · Sec A
Senior Fellow & Dir. of Research
$205,856Pt VII · Sec A
$199,565Pt VII · Sec A
Senior Fellow
$196,237Pt VII · Sec A
Senior Fellow
$188,730Pt VII · Sec A

Masood Ahmed’s $424K as President (until 07/24) is at the 92nd percentile of top reported officer pay among 3123 $10–100M human services 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
Masood Ahmed$424,102$514,364$491,545$439,146$442,787
Amanda Glassman$375,728$342,028$360,593
Mark Plant$339,672$249,625
Ellen Mackenzie$285,419$284,916$284,246$251,132$271,830
Liliana Rojas Suarez$243,228
Emma Rojas-Suarez-Dir of Latin$236,608
Nancy Lee$236,493$229,667
Scott Morris$231,024$196,237$225,853

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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Statement of Revenue

Part VIII
Contributions & grants$12.5M · 87%
Investment income$1.2M · 8%
Program service revenue$619K · 4%
Contributions & grants87%$12.5M
Investment income8%$1.2M
Program service revenue4%$619K
— government grantsLn 1e$775K
Total revenueLn 12$14.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.07 Fundraising $0.05
Program services88%$17.6M
Management & general7%$1.4M
Fundraising5%$989K
Total functional expensesLn 25$20.0M

Balance Sheet

Part X · end of year
CashLn 1$18.3M
Total assetsLn 16$65.8M
Total liabilitiesLn 26$11.1M
Total net assetsLn 32$54.7M
Months of cash on handcomputed11.0

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $43.7M · Operating expenses (Pt IX) $20.0M · Less non-cash grants $27K · Cash operating expenses/yr $19.9M
26.3 months
Where the money goes
Program services
Program services $17.6M · Total expenses $20.0M
88%
Management & General
Management & general $1.4M · Total expenses $20.0M
7%
Fundraising
Fundraising $989K · Total expenses $20.0M
5%
Cost to raise $1
Fundraising expense (2-yr avg) $943K · Solicited contributions (2-yr avg) $17.8M
$0.05 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $12.5M · Total revenue $14.3M
87%
Government reliance
Government grants $775K · Total revenue $14.3M
5%
Earned-income share
Program service revenue $619K · Total revenue $14.3M
4%
Investment reliance
Investment income $1.2M · Total revenue $14.3M
+8%
Program self-sufficiency
Program service revenue $619K · Total expenses $20.0M
3%
Growth & trend
Revenue growth (YoY)
This year $14.3M · Prior year $28.1M
-49%
Net-asset trend (YoY)
End of year $54.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $14.3M · Expenses $20.0M
-39%
Liabilities-to-Assets
Total liabilities — · Total assets $65.8M
Net-asset ratio
Net assets $54.7M · Total assets $65.8M
83%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $25.4M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $65.8M
39%
People & payroll
Highest Reported Total Compensation
Individual Masood Ahmed · Reported title PRESIDENT · Highest reported compensation $439K · Total expenses $20.0M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $10.6M · Total expenses $20.0M
53%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 7%
Fundraising cost ratio 8%
Revenue growth -49%
Investment management fee ratio 0.05%
Legal fee ratio 0.2%
Accounting fee ratio 0.6%

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
See all 17 funders →
Grants paid · 6 grants · $3.1M · 2020–2024
Refugees International INCDC · FY2024$282,383
Research Triangle InstituteNC · FY2023$980,799
Refugees International INCDC · FY2023$387,496
Research Triangle InstituteNC · FY2022$636,008
Refugees International INCDC · FY2022$489,879

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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
FY2024 (Latest)$23.6M revenue · ⤓ 990 PDF
FY2023$15.7M revenue · ⤓ 990 PDF
FY2022$21.7M revenue · ⤓ 990 PDF
FY2021$14.3M revenue · viewing · ⤓ 990 PDF
FY2020$28.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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