Global Challenges Project INC: Nonprofit Profile, Financials & Form 990 (EIN 87-4656811)

Revenue by fiscal year
FY2022	$691K
FY2023	$921K
FY2024	$24K

Expenses by fiscal year
FY2022	$609K
FY2023	$893K
FY2024	$100K

Net assets by fiscal year
FY2022	$82K
FY2023	$111K
FY2024	$0

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Where the money goes

96 cents of each dollar spent went to programs.

96%

Program services 96% · $96K Management & general 4% · $4K

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

2 people listed on the 990.

Part VII, Section A · reportable compensation

Emma Abele

President, Sec. Treas.

$0Pt VII · Sec A

Wrenata Sproat

President, Sec. Treas.

$0Pt VII · Sec A

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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 15aNo

Programs and updates

Empowers students to tackle significant global challenges.

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Provided by the organization

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1 program · $96K · in their own filed words · FY2024

01

Global Challenges Project Inc (GCP) is a nonprofit organization, founded with the mission to address existential risks to humanity and help foster a global community of researchers and activists working to prevent catastrophic outcomes.

$96Kprogram 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 · FY2023

Silicon Valley Community FoundationFY2023$688K

Coefficient Giving Action FundFY2023$200K

Total grants receivedfrom 2 funders$888K

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$24K

Ln 12

Other incomeLn 4–11$24K

Money outPt IX

$100K

Ln 25

Programscol B$96K

Managementcol C$4K

Owns and owesPt X

$0

net assets · Ln 32

Total assetsLn 16$0

LiabilitiesLn 26$0

PeoplePt VI, VII

2

listed · VII A

PaidVII A0

Voting boardVI 1a1

IndependentVI 1b1

2In more detail

Revenue in detailPt VIII

Other incomeLn 4–11$24K

Total revenueLn 12$24K

Assets in detailPt X, end of year

CashLn 1$0

SavingsLn 2$0

InvestmentsLn 11–13$0

Land, buildings, equipmentLn 10c$0

Other assetsLn 15$0

Total assetsLn 16$0

LiabilitiesLn 26$0

Net assetsLn 32$0

OperationsPt I, VI

EmployeesI 54

VolunteersI 61

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

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$111K	$0
InvestmentsLn 11–13		$0
Land, buildings, equipmentLn 10c		$0
Total assetsLn 16	$111K	$0
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$111K	$0

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other salaries and wagesLn 7	$12K	$12K
Legal feesLn 11b	$3K		$3K
Other fees for servicesLn 11g	$12K	$12K
Office expensesLn 13	$198		$198
Other expenses (24a–d)Ln 24	$65K	$65K
All other expensesLn 24e	$7K	$7K
Total functional expensesLn 25	$100K	$96K	$4K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest Viewing	$24K	$100K	−$75K	$0	990 PDF
FY2023	$921K	$893K	$29K	$111K	990 PDF
FY2022	$691K	$609K	$82K	$82K	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 FY2024 990 (6 parts)

Part I · Summary $24,302 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $887,589$0

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $0$0

I-11 Other revenuePrior year $33,718$24,302

I-12 Total revenuePrior year $921,307$24,302

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 $53,463$11,988

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $839,276$87,636

I-18 Total expensesPrior year $892,739$99,624

I-19 Revenue less expensesPrior year $28,568−$75,322

Part VI · Governance 1 of 1 board members independent, 3 to look at

VI-1a Voting members of the governing body1

VI-1b Independent voting members1

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 $24,302 across 2 lines filed

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $24,302$24,302

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $24,302$24,302

Part IX · Statement of functional expenses $99,624 across 6 lines filed

IX-7 Other salaries and wagesPrograms $11,988$11,988

IX-11b Legal feesManagement $3,344$3,344

IX-11g Other fees for servicesPrograms $11,600$11,600

IX-13 Office expensesManagement $198$198

IX-24 Other expenses (24a–d)Programs $65,041$65,041

IX-24e All other expensesPrograms $7,453$7,453

IX-25 Total functional expensesPrograms $96,082 · Management $3,542 · Fundraising $0$99,624

Part X · Balance sheet $0 assets, 16 lines filed

X-1 Cash, non-interest-bearingStart of year $110,914$0

X-2 Savings and temporary cash investments$0

X-3 Pledges and grants receivable$0

X-4 Accounts receivable$0

X-8 Inventories for sale or use$0

X-9 Prepaid expenses and deferred charges$0

X-10c Land, buildings and equipment, net$0

X-11 Publicly traded securities$0

X-12 Other securities$0

X-13 Program-related investments$0

X-14 Intangible assets$0

X-15 Other assets$0

X-16 Total assetsStart of year $110,914$0

X-26 Total liabilitiesStart of year $0$0

X-32 Total net assets or fund balancesStart of year $110,914$0

X-33 Total liabilities and net assetsStart of year $110,914$0

Part XI · Reconciliation of net assets $0 net assets at year end

XI-1 Total revenue$24,302

XI-2 Total expenses$99,624

XI-3 Revenue less expenses−$75,322

XI-4 Net assets at start of year$110,914

XI-9 Other changes in net assets−$35,592

XI-10 Net assets at end of year$0

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

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