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Nonprofit · EIN 14-1945286

THE GLOBAL DEVELOPMENT INCUBATOR INC

Tax-exempt · WASHINGTON, DC 20005

Financials

$17M$18.6M2023$21.5M$21.6M2024
Revenue Expenses · by fiscal year end
Financials of THE GLOBAL DEVELOPMENT INCUBATOR INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$21,516,058$21,550,781-$34,723$16,590,151$5,584,834$11,005,317
December 31, 2023990$16,985,488$18,649,961-$1,664,473$17,090,052$6,050,012$11,040,040
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$16,885,463
of which government grants
$3,328,226
Program service revenue
$3,845,679
Investment income
$615,575
Other revenue
$169,341

Expenses

Grants and similar amounts paid
$14,419,476
Compensation of officers, directors and key employees
$725,785
Other salaries and wages
$2,096,594
Salaries, compensation and benefits (total)
$3,907,454
Professional fundraising fees
$0
Legal fees
$86,878
Accounting fees
$121,681
Occupancy
$32,698
Travel
$375,382
Program services (functional)
$19,124,584
Management and general (functional)
$2,426,197

Balance sheet and other

Total assets, start of year
$17,090,052
Total assets, end of year
$16,590,151
Total liabilities, end of year
$5,584,834
Net assets, end of year
$11,005,317
Publicly traded securities
$14,266,949
Net assets without donor restrictions
$8,628,129
Net assets with donor restrictions
$2,377,188
Gross receipts
$21,516,058
Employees
28
Volunteers
7
Year formed
2005
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JASON WENDLEDIRECTOR
Highest-paid employee
40$233,645$45,800
ANDREW STERNCEO
Officer
30$218,063$37,814
CHINTAN MARUSECRETARY
Officer
40$225,382$25,926
JESSICA HARRISON FULLERTONDIRECTOR
Highest-paid employee
40$201,389$35,377
ELIZABETH VANDERWOUDECFO/TREASURER
Officer
18$203,936$14,664
STEVEN BERGENASSOCIATE DIRECTOR
Highest-paid employee
30$162,305$26,472
JOANNE EDELMANASSOCIATE DIRECTOR
Highest-paid employee
40$144,909$33,105
WILLIAM SYMINGTONASSOCIATE DIRECTOR
Highest-paid employee
40$158,185$16,504
ERNEST DARKOHBOARD DIRECTOR
Trustee or director
2$0$0
AMANDA GLASSMANBOARD DIRECTOR
Trustee or director
2$0$0
GRANT GORDONBOARD DIRECTOR
Trustee or director
2$0$0
YLVA LINDBERGBOARD DIRECTOR
Trustee or director
2$0$0
ELCHI NOWROJEEBOARD DIRECTOR
Trustee or director
2$0$0
GRETCHEN PHILLIPSBOARD DIRECTOR
Trustee or director
2$0$0
BRIAN TRELSTADBOARD DIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JASON WENDLEDIRECTOR
Highest-paid employee
40$217,724$0$42,910
BRIAN MILDER DIRECTOR GDI -UNTIL 04/2023, CEO, ACELI AFRICA
Highest-paid employee
12$87,302$153,557$15,539
ANDREW STERNCEO
Officer
30$199,677$0$35,530
CHINTAN MARUSECRETARY
Officer
40$210,368$0$24,708
JESSICA HARRISON FULLERTONDIRECTOR
Highest-paid employee
40$176,683$0$35,763
ELIZABETH VANDERWOUDECFO/TREASURER
Officer
16$188,265$0$13,822
STEVEN BERGENASSOCIATE DIRECTOR
Highest-paid employee
38$151,466$0$24,539
WILLIAM SYMINGTONASSOCIATE DIRECTOR
Highest-paid employee
40$150,407$0$15,603
ERNEST DARKOHBOARD DIRECTOR
Trustee or director
2$0$0$0
GRANT GORDONBOARD DIRECTOR
Trustee or director
2$0$0$0
YLVA LINDBERGBOARD DIRECTOR
Trustee or director
2$0$0$0
ELCHI NOWROJEEBOARD DIRECTOR
Trustee or director
2$0$0$0
GRETCHEN PHILLIPSBOARD DIRECTOR
Trustee or director
2$0$0$0
BETHLEHEM SHIFERAWBOARD DIRECTOR - UNTIL 10/2023
Trustee or director
2$0$0$0
BRIAN TRELSTADBOARD DIRECTOR
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
1401 K ST NW STE 900, WASHINGTON, DC 20005-3455
Principal officer (990 for 2024)
ELIZABETH VANDERWOUDE, 1401 K STREET NW 900, WASHINGTON, DC 20005
Signed the 990
ELIZABETH VANDERWOUDE, CFO/TREASURER
Phone
(202) 987-7700
Return prepared by
CBIZ ADVISORS LLC

Mission

THE GLOBAL DEVELOPMENT INCUBATOR, INC. (GDI) PROVIDES STRATEGIC, OPERATIONAL, PROGRAMMATIC, AND IMPLEMENTATION SUPPORT SERVICES TO BUILD STARTUPS AND PARTNERSHIPS DRIVING SOCIAL IMPACT AROUND THE WORLD.

990 for the year ended December 31, 2024

Program accomplishments

  • AGRICULTURAL: (E.G. ACELI AFRICA, CSAF, ISF ADVISORS)GDI'S AGRICULTURE PORTFOLIO BRINGS TOGETHER DIVERSE PLAYERS FROM ACROSS AGRICULTURE, FINANCE, AND CLIMATE, WHO OTHERWISE MAY HAVE NEVER COLLABORATED DESPITE THEIR SHARED GOALS. ACELI AFRICA IS THE FIRST OF ITS KIND MARKET INCENTIVE FACILITY ALIGNING CAPITAL SUPPLY AND DEMAND TO MOBILIZE PRIVATE SECTOR LENDING TO AGRICULTURAL SMALL AND MEDIUM ENTERPRISES (SMES) IN AFRICA. CSAF IS THE LEADING GLOBAL NETWORK OF LENDING PRACTITIONERS PROMOTING AN INCLUSIVE FINANCE MARKET FOR AGRICULTURAL SMES. ISF ADVISORS PUBLISHES INDUSTRY LEADING RESEARCH ALONGSIDE FINANCIAL AND STRATEGIC ADVISORY WORK TO MOBILIZE CAPITAL TOWARDS A MORE SUSTAINABLE, EQUITABLE, AND PRODUCTIVE GLOBAL FOOD SYSTEM.
    Expenses $13,327,824 · grants $12,746,616 · revenue $645,915
  • HEALTH: (E.G. LEAPFROG TO VALUE, DISABILITY IMPACT FUND, HEALTH ENABLED)GDI'S HEALTH PORTFOLIO FOCUSES ON MOVING FROM VOLUME TO VALUE AND CUTS ACROSS ISSUES RANGING FROM MENTAL HEALTH TO COMMUNITY LIVELIHOODS, DIGITAL HEALTH SYSTEMS, AND EVERYTHING IN BETWEEN. WORKING AT THE INTERSECTION OF PUBLIC HEALTH AND TECHNOLOGY, HEALTH.ENABLED HAS BEEN CO-CREATING EQUITABLE SOLUTIONS THAT DRIVE WHOLE-PERSON HEALTH FOR OVER A DECADE, INCLUDING LAUNCHING THE GLOBAL DIGITAL HEALTH MONITOR (GDHM) A DATA PLATFORM THAT HELPS COUNTRIES TO BENCHMARK, PRIORITIZE, AND MONITOR DIGITAL HEALTH PROGRESS AT THE COUNTRY, REGIONAL, AND GLOBAL LEVELS. THE LEAPFROG TO VALUE REPORT AND INITIATIVE HAS LED TO A PORTFOLIO OF PILOTS DESIGNED TO IMPROVE OUTCOMES AND COST-EFFECTIVENESS OF HEALTH SYSTEMS. THE DISABILITY IMPACT FUND MERGES IMPACT INVESTING WITH VENTURE-BUILDING EXPERTISE TO REVOLUTIONIZE ASSISTIVE TECHNOLOGY ACCESS IN LOW AND MIDDLE-INCOME COUNTRIES.
    Expenses $2,210,111 · grants $469,383 · revenue $1,786,774
  • EARLY CHILDHOOD DEVELOPMENT: (E.G. NURTURE FIRST)GDI'S EARLY CHILDHOOD DEVELOPMENT PORTFOLIO WORKS TO INCREASE EVIDENCE-BASED ECD PROGRAMS AT SCALE, CATALYZE NEW FUNDING THROUGH FINANCING MECHANISMS, AND WORK IN COLLABORATION WITH LEADERS FROM ADJACENT MOVEMENTS INCLUDING GENDER EQUALITY AND LIVELIHOODS ATTAINMENT SO THAT ALL YOUNG CHILDREN HAVE THE FOUNDATIONAL NURTURING CARE THEY NEED. NURTURE FIRST IS A GLOBAL FUNDER AND CAPACITY BUILDER BRINGING TOGETHER THINKERS, DOERS, AND ACTIVISTS TO IMPROVE THE SYSTEMS THAT SUPPORT HOME-BASED CHILDCARE (HBCC) PROVIDERS GLOBALLY SO THEY CAN PROVIDE EVIDENCE-BASED, AFFORDABLE, CULTURALLY RELEVANT CHILDCARE WHEREVER THEY ARE.
    Expenses $921,273 · grants $570,575 · revenue $157,129
  • MIGRATION
    Expenses $741,165 · grants $28,103 · revenue $630,095
  • JOBS AND LIVELIHOODS
    Expenses $698,868 · grants $424,375
  • INCLUSIVE SOCIETIES
    Expenses $493,968
  • CLIMATE AND ECOSYSTEMS
    Expenses $407,033 · grants $180,424 · revenue $261,878
  • OTHER PROGRAMS
    Expenses $324,342 · revenue $363,888

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
14-1945286
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$16,590,151
Income (IRS master file)
$21,516,058

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$21,516,058$21,550,781$16,590,151XML
990December 2023$16,985,488$18,649,961$17,090,052XML
990December 2022$19,720,293$14,050,189$23,333,318IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1945286).

Questions about THE GLOBAL DEVELOPMENT INCUBATOR INC

What is the EIN of THE GLOBAL DEVELOPMENT INCUBATOR INC?
The employer identification number (EIN) of THE GLOBAL DEVELOPMENT INCUBATOR INC is 14-1945286.
Is THE GLOBAL DEVELOPMENT INCUBATOR INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to THE GLOBAL DEVELOPMENT INCUBATOR INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE GLOBAL DEVELOPMENT INCUBATOR INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE GLOBAL DEVELOPMENT INCUBATOR INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE GLOBAL DEVELOPMENT INCUBATOR INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE GLOBAL DEVELOPMENT INCUBATOR INC?
The 990 for the year ended December 31, 2024 names ELIZABETH VANDERWOUDE.
Who are the officers and directors of THE GLOBAL DEVELOPMENT INCUBATOR INC?
The 990 for the year ended December 31, 2024 lists 15 people; 8 received compensation from the organization, the highest $233,645 (JASON WENDLE, DIRECTOR).
How much revenue does THE GLOBAL DEVELOPMENT INCUBATOR INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $21,516,058, expenses of $21,550,781 and total assets of $16,590,151 at year end.

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