Global Cities Group EIN 86-1603871 Form 990 (PDF) Claim this org

Global Cities Group FY2022 filing

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Connects Christian activists with influential industries and cities to shape culture. For fiscal year 2022 it reported $206K in revenue, $269K in expenses, and $94K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
New York, NY
Website
globalcitiesgroup.com
Filings
4 on file (2021–2022)
Revenue
$206KFY2022
Expenses
$269K
Net assets
$94K
People
3
Filings
4
Updates
0
More identity details & actions ⌄
EIN  86-1603871 Public charity (501(c)(3)) New York, NY
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Connects Christian activists with influential industries and cities to shape culture.
Leadership
Scott Crosby · CEO Founder Board Directo · $131K
Money in and out
$206K revenue, $269K expenses
Bottom line
63% program efficiency
Where the money goes · FY2022
Total revenue
$206K
Pt VIII · Ln 12
Total expenses
$269K
Pt IX · Ln 25
Net assets
$94K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$63K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.20 Fundraising $0.17
Program efficiency
63%
of spending reaches programs
Operating runway
5.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-31%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$206K
FY2022+0.4%
Expenses
$269K
FY2022▲ +462%
Total assets
$118K
FY2022▼ -27%
Total liabilities
$24K
FY2022▲ +451%
Total revenue
$206K
Pt VIII · Ln 12
Total expenses
$269K
Pt IX · Ln 25
Net assets
$94K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$63K
Total assetsPt X · Ln 16$118K
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGlobal Cities Group
EINHdr · item D86-1603871
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jglobalcitiesgroup.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFSep 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
CEO Founder Board Directo
$130,649Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Secretary Treasurer Board
$0Pt VII · Sec A

Scott Crosby’s $92K as CEO Founder Board Director is at the 82nd percentile of top reported officer pay among 2165 $100K–1M 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022
Scott Crosby$91,709$117,184$130,649

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

1 program service account for $169K of program spending, described in the organization's own filed words · FY2022.
01

Our mission is to develop networks of thoughtful, active Christians in the key industries and institutions that shape our culture. Our programs build industry networks of Christians in these industries as well as create institutional engagement to build sustainability and plausibility for our change efforts.

$169Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$206K
Investment income$11
Total revenueLn 12$206K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.20 Fundraising $0.17
Program services63%$169K
Management & general20%$54K
Fundraising17%$47K
Total functional expensesLn 25$269K

Balance Sheet

Part X · end of year
CashLn 1$117K
Total assetsLn 16$118K
Total liabilitiesLn 26$24K
Total net assetsLn 32$94K
Months of cash on handcomputed5.2

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $117K · Operating expenses/yr $269K
5.2 months
Where the money goes
Program services
Program services $169K · Total expenses $269K
63%
Management & General
Management & general $54K · Total expenses $269K
20%
Fundraising
Fundraising $47K · Total expenses $269K
17%
Cost to raise $1
Fundraising expense (2-yr avg) $23K · Solicited contributions (2-yr avg) $206K
$0.11 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $206K · Total revenue $206K
100%
Government reliance
Government grants — · Total revenue $206K
Earned-income share
Program service revenue $0 · Total revenue $206K
0%
Investment reliance
Investment income $11 · Total revenue $206K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $269K
0%
Growth & trend
Revenue growth (YoY)
This year $206K · Prior year $205K
+0.4%
Net-asset trend (YoY)
End of year $94K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $206K · Expenses $269K
-31%
Liabilities-to-Assets
Total liabilities — · Total assets $118K
Net-asset ratio
Net assets $94K · Total assets $118K
79%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $118K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Scott Crosby · Reported title CEO FOUNDER BOARD DIRECTO · Highest reported compensation $131K · Total expenses $269K
49%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $144K · Total expenses $269K
53%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 20%
Fundraising cost ratio 23%
Revenue growth 0.4%
Legal fee ratio 0.3%
Accounting fee ratio 0.7%
Fundraising fee ratio 12%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$250K

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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)$310K revenue · ⤓ 990 PDF
FY2023$162K revenue · ⤓ 990 PDF
FY2022$206K revenue · viewing · ⤓ 990 PDF
FY2021$205K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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