Civic Intelligence

Global Press Institute

EIN 20-4421980 • 501(c)3 • Washington, DC

Profile

Global press exists to create a more just and informed world by training and then employing local journalists to produce ethical, accurate news coverage from the world's east-covered places. Global press is dedicated to reinventing both the craft and business of international journalism.

5636 Connecticut Ave NW Box 4255Washington, DC 20015

www.globalpress.co

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

29th percentile

0.01x

Higher debt load relative to revenue than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

7th percentile

-48%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

3rd percentile

-52%

Faster asset growth than 3% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

6th percentile

-45%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$3,212,723

Down $3,465,155 (-52%) from 2022

Liabilities

Down

$36,678

Down $205,932 (-85%) from 2022

Net Assets

Down

$3,176,045

Down $3,259,223 (-51%) from 2022

Revenue

Down

$3,603,640

Down $2,995,688 (-45%) from 2022

Expenses

Up

$5,342,614

Up $1,548,520 (+41%) from 2022

Net Income

Down

-$1,738,974

Down $4,544,208 (-162%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $7,604Liabilities 2011: $02011Assets 2012: $223,899Liabilities 2012: $02012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2015: $85,913Liabilities 2015: $57,545Net Assets 2015: $28,3682015Assets 2016: $155,378Liabilities 2016: $42,285Net Assets 2016: $113,0932016Assets 2017: $528,981Liabilities 2017: $7,051Net Assets 2017: $521,9302017Assets 2018: $928,686Liabilities 2018: $11,504Net Assets 2018: $917,1822018Assets 2019: $2,154,907Liabilities 2019: $15,460Net Assets 2019: $2,139,4472019Assets 2020: $1,576,689Liabilities 2020: $268,926Net Assets 2020: $1,307,7632020Assets 2021: $3,941,615Liabilities 2021: $255,827Net Assets 2021: $3,685,7882021Assets 2022: $6,677,878Liabilities 2022: $242,610Net Assets 2022: $6,435,2682022Assets 2023: $3,212,723Liabilities 2023: $36,678Net Assets 2023: $3,176,0452023

Highlighted filing

2023

Assets$3,212,723
Liabilities$36,678
Net Assets$3,176,045

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $112,132Expenses 2011: $147,449Net Income 2011: -$35,3172011Revenue 2012: $481,198Expenses 2012: $258,131Net Income 2012: $223,0672012Revenue 2013: $452,359Expenses 2013: $556,067Net Income 2013: -$103,7082013Revenue 2015: $817,602Expenses 2015: $800,056Net Income 2015: $17,5462015Revenue 2016: $1,157,090Expenses 2016: $1,072,006Net Income 2016: $85,0842016Revenue 2017: $1,896,327Expenses 2017: $1,485,355Net Income 2017: $410,9722017Revenue 2018: $2,211,230Expenses 2018: $1,815,978Net Income 2018: $395,2522018Revenue 2019: $3,478,163Expenses 2019: $2,248,116Net Income 2019: $1,230,0472019Revenue 2020: $1,321,514Expenses 2020: $2,153,360Net Income 2020: -$831,8462020Revenue 2021: $5,249,997Expenses 2021: $2,871,972Net Income 2021: $2,378,0252021Revenue 2022: $6,599,328Expenses 2022: $3,794,094Net Income 2022: $2,805,2342022Revenue 2023: $3,603,640Expenses 2023: $5,342,614Net Income 2023: -$1,738,9742023

Highlighted filing

2023

Revenue$3,603,640
Expenses$5,342,614
Net Income-$1,738,974

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$3,603,640
Mission and Program Overview

Mission

Global press institute trains women in developing media markets to become ethical, investigative journalists. Their work increases access to information and elevates global awareness on under-covered issues of human import.

Global press exists to create a more just and informed world by training and then employing local journalists to produce ethical, accurate news coverage from the world's east-covered places. Global press is dedicated to reinventing both the craft and business of international journalism.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,511,885$2,033,961▲ $522,076
Pledges and Grants Receivable$4,559,120$1,119,930▼ $3,439,190
Cash and Non-Interest-Bearing Accounts$568,632$46,431▼ $522,201
Land, Buildings, and Equipment, Net$31,533$5,693▼ $25,840
Accounts Receivable$4,700$4,700→ $0
Prepaid Expenses and Deferred Charges$1,708$1,708→ $0
Total Assets$6,677,878$3,212,723▼ $3,465,155
Other Assets Total$300$300→ $0
Liabilities
Unsecured Notes Loans Payable$227,550--
Accounts Payable and Accrued Expenses$11,049$32,060▲ $21,011
Other Liabilities$4,011$4,618▲ $607
Total Liabilities$242,610$36,678▼ $205,932
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,876,148$1,930,787▲ $54,639
Net Assets With Donor Restrictions$4,559,120$1,245,258▼ $3,313,862
Total Net Assets Fund Balance$6,435,268$3,176,045▼ $3,259,223
Total Liabilities and Net Assets / Fund Balance$6,677,878$3,212,723▼ $3,465,155

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$71,245$71,245
Other Land Buildings$5,693$58,143$63,836
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cristina HegranesCEO and PublisherFT$253,951$16,045$269,996
Shante CosmeChief Content OfficerFT$251,336$8,031$259,367
Laxmi ParthasarathyCOOFT$251,515$7,366$258,881
Teresa AguayoManaging EditorFT$136,224$11,773$147,997
Celia Chong WuManaging DirectorFT$108,256$27,062$135,318
Rhonda GardnerDirector of People & TalentFT$115,904$7,654$123,558

Board Members and Trustees

NameTitle
Michelle SwensonChair
Geetha MuraliDirector
Leslie HillDirector
Nomzamo MajugwanaDirector
Ray BakerDirector
Umbreen BhattiDirector
Houda ElyazgiSecretary
Irina SimmonsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,411,222
Program Service Revenue
$140,359
Investment Income
$52,059
Other Revenue
$0
All Other Contributions
$3,225,567
Change in Net Assets
$-1,738,974
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,153,372
Other Expenses$2,189,242
Total Fundraising Expense$480,834
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,650,253$464,860$209,187$2,324,300
Fees for Services Other$999,697$281,606$126,721$1,408,024
Current Officers, Directors, Trustees, and Key Employees$358,881$101,093$45,492$505,466
Other Employee Benefits$132,868$37,427$16,842$187,137
Payroll Taxes$96,893$27,294$12,282$136,469
Information Technology$93,445$26,323$11,845$131,613
Travel$92,276$25,993$11,697$129,966
Conferences and Meetings$53,753$15,142$6,814$75,709
Fees for Services Legal$46,134$12,995$5,848$64,977
Advertising$37,398$10,535$4,741$52,674
Fees for Services Accounting$24,204$6,818$3,068$34,090
Insurance$20,842$5,871$2,642$29,355
Depreciation Depletion$18,346$5,168$2,326$25,840
Office Expenses$13,352$3,761$1,693$18,806
Occupancy$8,555$2,410$1,084$12,049
All Other Expenses$4,977$1,402$630$7,009
Other Expenses$4,802$1,353$609$6,764
Fees for Service Investment Mgmnt Fees$671$189$85$945
Total Functional Expenses$3,793,256$1,068,524$480,834$5,342,614
International Activity

International Summary

Offices
35
Employees
111
Spending
$1,003,507

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Latin America/caribbeanGrant to Journalists Training, ReportingGrant to Journalists Training, Reporting1440$365,967
Sub-saharan AfricaGrant to Journalists Training, ReportingGrant to Journalists Training, Reporting1246$356,335
AsiaGrant to Journalists Training, ReportingGrant to Journalists Training, Reporting925$281,205
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card$4,618
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of form 990 is provided to each memner of the finance committee prior to submission to the full board. Each board member is given the opportunity to discuss all financial content with the treasurer an/or form 990 preparer. If necessary, adjustments and clarifications are made prior to filing form 990.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy is distributed to board members annually. Board members then review and sign the policy.board members also sign forms affirming that no conflicts exist, and then they are reviewed by the executive committee to ensure compliance.

Form 990, Part VI, Section B, Line 15A

The governance committee of the board of directors creates a compensation analysis for the executive director's salary and determines compensation based on thorough performance reviews and employee evaluations.

Form 990, Part VI, Section C, Line 19

All tax returns and budgets are made available online via the guidestar website and, on request, more detailed financial information, governing documents, and all policies are made available within 48 hours of request,per the organization's bylaws.

Filing and Contact Details

Filer

Filer Name
Global Press Institute
EIN
20-4421980
Phone
2024489666
Address
5636 CONNECTICUT AVE NW BOX 4255, WASHINGTON, DC 20015

Signing Officer

Name
Cristi Hegranes
Title
CEO & Publisher
Phone
2024489666
Signed
2024-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cristi Hegranes
Formed
2006
Legal Domicile
Dc
Voting Board Members
9
Independent Board Members
8
Employees
20
Volunteers
0

Preparer

Firm
Yount Hyde & Barbour Pc
Address
PO BOX 2560, WINCHESTER, VA 22604-1760
Preparer
Jennifer R Files CPA
Phone
5406623417
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Translators: program service expenses 202,330. Management and general expenses 56,994. Fundraising expenses 25,647. Total expenses 284,971. Fact checkers: program service expenses 17,255. Management and general expenses 4,861. Fundraising expenses 2,187. Total expenses 24,303. Copy editors: program service expenses 26,737. Management and general expenses 7,532. Fundraising expenses 3,389. Total expenses 37,658. Producers: program service expenses 7,982. Management and general expenses 2,248. Fundraising expenses 1,012. Total expenses 11,242. Illustrators: program service expenses 426. Management and general expenses 120. Fundraising expenses 54. Total expenses 600. Editors: program service expenses 402,175. Management and general expenses 113,289. Fundraising expenses 50,980. Total expenses 566,444. Training translators: program service expenses 142. Management and general expenses 40. Fundraising expenses 18. Total expenses 200. Journalism trainers & instr. Designers: program service expenses 47,390. Management and general expenses 13,349. Fundraising expenses 6,007. Total expenses 66,746. Wellness counselors: program service expenses 36,146. Management and general expenses 10,182. Fundraising expenses 4,582. Total expenses 50,910. Wellness network manager: program service expenses 45,205. Management and general expenses 12,734. Fundraising expenses 5,730. Total expenses 63,669. Other professional services: program service expenses 100,598. Management and general expenses 28,338. Fundraising expenses 12,752. Total expenses 141,688. Interpreters: program service expenses 109,730. Management and general expenses 30,910. Fundraising expenses 13,909. Total expenses 154,549. Candidate assessment: program service expenses 3,581. Management and general expenses 1,009. Fundraising expenses 454. Total expenses 5,044.

FORM 990, PART XII, LINE 2C:

No change from prior year.

Raw XML AppendixShowing 400 of 617 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO AND PUBLISHER
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IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9COO
IRS990/Form990PartVIISectionAGrp/TitleTxt10MANAGING EDITOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF CONTENT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF PEOPLE & TALENT
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IRS990/OtherExpensesGrp/Desc3BUSINESS REGISTRATION
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IRS990/OtherExpensesGrp/FundraisingAmt14765
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IRS990/ProgSrvcAccomActy2Grp/Desc0REPORTING AND EDITORIAL PROCESSES: GPI INVEST IN REPORTERS AND EDITORS TO ENSURE THAT OUR JOURNALISTS AROUND THE WORLD HAVE ACCESS TO A ROBUST, ETHICAL EDITORIAL PROCESS THAT PRIORITIZES DIGNITY AND PRECISION. EDITORIAL PROCESSES INCLUDE EDITORS, FACT CHECKERS, COPY EDITORS, TRANSLATORS, AND PRODUCERS
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IRS990/ProgSrvcAccomActy3Grp/Desc0DUTY OF CARE: GPI OFFERS THE INDUSTRY-LEADING DUTY OF CARE PROGRAM THAT PROVIDES FOR THE PHYSICAL, EMOTIONAL, DIGITAL AND LEGAL SECURITY OF EVERY JOURNALIST IN OUR NETWROK. THE PROGRAM INCLUDE TRAINING (20%), FULL SCALE IMPLEMENTATION IN DAY-TO-DAY EDITORIAL PROCESSES ( 75%), AND CRISIS RESPONSE (5%)
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03603640
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05033367

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