Civic Intelligence

Global Knowledge Initiative

990 • Fiscal year 2020 • EIN 27-0559519

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 03, 2021

1200 New York Ave NW STE 113Washington, DC 20005

(202) 326-8729

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

77th percentile

0.42x

Higher debt load relative to assets than 77% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.15x

Higher debt load relative to revenue than 53% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

22nd percentile

-11%

Higher net margin than 22% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

85th percentile

$157,286

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 13.2% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

50th percentile

6.0%

Faster asset growth than 50% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

87th percentile

51%

Faster revenue growth than 87% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$439,114

Up $24,969 (+6.0%) from 2019

Net Assets

Down

$255,150

Down $124,996 (-33%) from 2019

Liabilities

Up

$183,964

Up $149,965 (+441%) from 2019

Revenue

Up

$1,189,583

Up $399,578 (+51%) from 2019

Expenses

Up

$1,314,579

Up $443,249 (+51%) from 2019

Net Income

Down

-$124,996

Down $43,671 (-54%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $166,745Liabilities 2011: $0Net Assets 2011: $166,7452011Assets 2012: $235,106Liabilities 2012: $82,607Net Assets 2012: $152,4992012Assets 2013: $377,982Liabilities 2013: $297,294Net Assets 2013: $80,6882013Assets 2014: $478,885Liabilities 2014: $196,311Net Assets 2014: $282,5742014Assets 2015: $491,006Liabilities 2015: $267,050Net Assets 2015: $223,9562015Assets 2016: $637,779Liabilities 2016: $204,704Net Assets 2016: $433,0752016Assets 2017: $615,006Liabilities 2017: $20,430Net Assets 2017: $594,5762017Assets 2018: $472,936Liabilities 2018: $11,465Net Assets 2018: $461,4712018Assets 2019: $414,145Liabilities 2019: $33,999Net Assets 2019: $380,1462019Assets 2020: $439,114Liabilities 2020: $183,964Net Assets 2020: $255,1502020Assets 2021: $473,243Liabilities 2021: $79,427Net Assets 2021: $393,8162021Assets 2024: $1,877,417Liabilities 2024: $20,091Net Assets 2024: $1,857,3262024

Highlighted filing

2020

Assets$439,114
Liabilities$183,964
Net Assets$255,150

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $140,1312011Expenses 2012: $340,0472012Revenue 2013: $314,541Expenses 2013: $386,350Net Income 2013: -$71,8092013Revenue 2014: $763,384Expenses 2014: $561,498Net Income 2014: $201,8862014Revenue 2015: $576,786Expenses 2015: $635,404Net Income 2015: -$58,6182015Revenue 2016: $922,323Expenses 2016: $713,204Net Income 2016: $209,1192016Revenue 2017: $968,266Expenses 2017: $806,765Net Income 2017: $161,5012017Revenue 2018: $758,058Expenses 2018: $891,163Net Income 2018: -$133,1052018Revenue 2019: $790,005Expenses 2019: $871,330Net Income 2019: -$81,3252019Revenue 2020: $1,189,583Expenses 2020: $1,314,579Net Income 2020: -$124,9962020Revenue 2021: $1,575,269Expenses 2021: $1,436,603Net Income 2021: $138,6662021Revenue 2024: $2,527,893Expenses 2024: $816,542Net Income 2024: $1,711,3512024

Highlighted filing

2020

Revenue$1,189,583
Expenses$1,314,579
Net Income-$124,996
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 3, 2021
Return Version
2020v4.1
Gross Receipts
$1,189,583
Mission and Program Overview

Mission

GKI builds purpose-driven networks to deliver innovative solutions to the worlds most pressing problems. We thrive on creating the enabling environment, the mindset, and the tools that make Collaborative Innovation possible.

GKI builds purpose-driven networks to deliver innovative solutions to the worlds most pressing problems. We thrive on creating the enabling environment, the mindset, and the tools that make collaborative innovation possible in complex systems.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$174,199$263,673▲ $89,474
Savings and Temporary Cash Investments$206,020$135,018▼ $71,002
Cash and Non-Interest-Bearing Accounts$23,512$23,485▼ $27
Land, Buildings, and Equipment, Net$3,880$8,852▲ $4,972
Prepaid Expenses and Deferred Charges$6,534$8,086▲ $1,552
Total Assets$414,145$439,114▲ $24,969
Liabilities
Accounts Payable and Accrued Expenses$33,999$110,673▲ $76,674
Unsecured Notes Loans Payable-$73,291-
Total Liabilities$33,999$183,964▲ $149,965
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$374,663$249,667▼ $124,996
Net Assets With Donor Restrictions$5,483$5,483→ $0
Total Net Assets Fund Balance$380,146$255,150▼ $124,996
Total Liabilities and Net Assets / Fund Balance$414,145$439,114▲ $24,969

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,852$1,676$10,528
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Seema PatelChief Executive OfficerFT$149,712$7,574$157,286
Nicholas OatleyChief Operating OfficerFT$108,054-$108,054

Board Members and Trustees

NameTitle
Sam PitrodaChairman
Dave FurgusonBoard member
Nina FederoffBoard member
Sara FarleyBoard member

Highest Paid Contractors

ContractorServicesLocationCompensation
LatitudeProject ConsultingRaumerstrae 8, Berlin Germany, Berlin, Gm$141,969
Revenue and Support

Revenue Composition

Contributions and Grants
$4,005
Program Service Revenue
$1,181,916
Investment Income
$162
Other Revenue
$3,500
All Other Contributions
$4,005
Change in Net Assets
$-124,996

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,189,583
Total Revenue per Audited Statements
$1,189,583
Total Revenue per Form 990
$1,189,583
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$674,184
Other Expenses$640,395
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$511,422$21,108-$532,530
Other Salaries and Wages$284,711$54,896-$339,607
Current Officers, Directors, Trustees, and Key Employees$164,541$93,225-$257,766
Fees for Services Accounting-$56,559-$56,559
Payroll Taxes$34,026$11,042-$45,068
Other Employee Benefits$23,965$7,778-$31,743
Office Expenses$23,159$2,900-$26,059
Travel$11,956$915-$12,871
Occupancy$5,496$1,104-$6,600
Insurance$3,361$675-$4,036
Depreciation Depletion$1,141$229-$1,370
Other Expenses-$191-$191
Fees for Services Legal-$179-$179
Total Functional Expenses$1,063,778$250,801$0$1,314,579

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,314,579
Total Expenses per Audited Statements$1,314,579
Total Expenses per Form 990$1,314,579
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Committee meeting documentation Part VI line 8B

The Organization did not have committees.

Form 990 governing body review Part VI line 11

The 990 is reviewed by the full board prior to its filing.

Conflict of interest policy compliance Part VI line 12C

A copy of the conflict of interest policy is circulated to all members of the governing body (directors) and is referenced in determining actions to be taken for which a potential conflict of interest may arise. In such instances, the language of the policy is invoked and the actions to be taken are governed by the protocol to eliminate such conflicts of interest as described in the policy.

CEO executive director top management comp Part VI line 15A

The CEOs salary is benchmarked using The Washington DC Not- for-Profit salary survey to determine the appropriate compensation structure by comparing available data. Compensation decisions, including pay increases are kept parsimonious with local market standard conditions for similarly sized Not- for-Profit organizations.In October 2018, Board approved a performance incentive policy for executive and high performing staff based on organizational growth and impact metrics.

Other officer or key employee compensation Part VI line 15B

Pay bands at GKI are determined by their ability to meet the requirements of the position. The basis for the GKI pay bands is benchmarked off of market comparables (using Guidestar and Glassdoor) of similar roles and experience levels of nonprofit and for-profit organizations offering design, strategy, and innovation support within the development and social impact sector. Once an employee surpasses their year of transition, they will automatically be offered a title change and increase in annual leave allowance or be terminated. Salary increases will be determined by merit alone as stipulated (in the employee handbook).

Governing documents etc available to public Part VI line 19

Copies of other documents in addition to the conflict of interest policy and financial statements are kept in the GKI offices, as well as in electronic formats. These include Articles of Incorporation, Corporate By-laws, minutes and other records such as written communications and financial statements within the past 3 years. In addition, a list of names and business addresses of current officers and directors and the most recent biennial report filed with DC are available. These documents can be shared upon receipt of a written request.

Filing and Contact Details

Filer

Filer Name
Global Knowledge Initiative
EIN
27-0559519
Address
1200 New York Ave NW STE 113, Washington, DC 20005

Signing Officer

Name
Seema Patel
Title
Chief Executive
Phone
2023268729
Signed
2021-08-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Seema Patel
Formed
2009
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
4
Employees
7
Volunteers
4

Preparer

Firm
Mullins PC
Address
7625 Wisconsin Avenue, Bethesda, MD 20814
Preparer
John Mullins
Phone
2027706371
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Other Fees for Services Program M&G Domestic Consultants $275,830 $15,986 Foreign Consultants 229,200 $3,838Other $6,392 $1,284

Part III response or note to any other line in Part III

Part III - Line 4: Program Service AccomplishmentsLabs (formally Network Facilitation and Social Innovation Labs)(Continued from Part III)Heifer Vision: GKI partnered with Heifer Internationals Leadership Team to co-design an engagement with senior staff and the Board of Directors to collaboratively explore their 2030 Aspiration document and the internal and external forces driving change within their sector specifically and the world more broadly. Part III - Line 4: Program Service Accomplishments Research (formally Systems Research and Evaluation)(Continued from Part III)GKI partnered with FAORNE to conduct research and report our findings on viable innovations with the most potential to advance SDG 2 (Zero Hunger).

Financial Statement Notes

Footnote for uncertain tax position under FIN 48 (Part X)

GKI follows the Financial Accounting Standards Board Accounting Standards Codification (FASB ASC), which provides guidance on accounting for uncertainty in income taxes recognized in the Foundations financial statements. The guidance prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return, and also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. As of year end, had no uncertain tax positions that qualify for either recognition or disclosure in its financial statements. GKIs policy is to recognize interest and penalties on tax positions related to its unrecognized tax benefits in income tax expense in the financial statements. No interest and penalties were recorded during the year then ended.

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IRS990/ProgramServiceRevenueGrp/Desc0Consulting
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IRS990/ProgSrvcAccomActy2Grp/Desc0GKI makes sense of complex issues through research and data visualization to illuminate options, opportunities, and threats. Systemic research allows analysis of the entire system from a range of actors perspectives, helping users understand the context of the problem and the dynamic relationships between actors, as well as the interplay between interventions and change outcomes. Example projects:(FAO) NENA Food Systems Research: The Near East and North Africa Regions food systems have been affected by political unrest, environmental degradation, shifting demographics, and more. GKI partnered with FAORNE to conduct research and report our findings on viable innovations with the most potential to advance SDG 2 (Zero Hunger).
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IRS990/ProgSrvcAccomActy3Grp/Desc0GKIs Labs are intentionally designed to bring together diverse stakeholders to solve problems, innovate, drive the alignment of interests, broker new partnerships, and set a collaborative course for strategy design that lead to lasting change.Example projects:Water and Energy for Food: Working with a range of donors and program implementers, GKI designed and facilitated a co-creation workshop to find innovative solutions to strengthen the innovation ecosystem in the MENA region and create new opportunities for innovation in the agriculture sector.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0Through a customized range of resources, tools, and methods, GKI cultivates the knowledge, skills, and mindset needed to design innovative solutions to tackle complex challenges in a range of sectors, domains, and geographies. While stand-alone trainings were on hold in 2020 due to (COVID, or restrictions on in-person interaction, travel, etc.), design of such programs continued.Example projects:Mindfulness Design: Develop a course to disseminate and strengthen GKIs position at the intersection of embodied mindfulness, systems change, and design thinking.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GKI follows the Financial Accounting Standards Board Accounting Standards Codification (FASB ASC), which provides guidance on accounting for uncertainty in income taxes recognized in the Foundations financial statements. The guidance prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return, and also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. As of year end, had no uncertain tax positions that qualify for either recognition or disclosure in its financial statements. GKIs policy is to recognize interest and penalties on tax positions related to its unrecognized tax benefits in income tax expense in the financial statements. No interest and penalties were recorded during the year then ended.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization did not have committees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 is reviewed by the full board prior to its filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A copy of the conflict of interest policy is circulated to all members of the governing body (directors) and is referenced in determining actions to be taken for which a potential conflict of interest may arise. In such instances, the language of the policy is invoked and the actions to be taken are governed by the protocol to eliminate such conflicts of interest as described in the policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The CEOs salary is benchmarked using The Washington DC Not- for-Profit salary survey to determine the appropriate compensation structure by comparing available data. Compensation decisions, including pay increases are kept parsimonious with local market standard conditions for similarly sized Not- for-Profit organizations.In October 2018, Board approved a performance incentive policy for executive and high performing staff based on organizational growth and impact metrics.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Pay bands at GKI are determined by their ability to meet the requirements of the position. The basis for the GKI pay bands is benchmarked off of market comparables (using Guidestar and Glassdoor) of similar roles and experience levels of nonprofit and for-profit organizations offering design, strategy, and innovation support within the development and social impact sector. Once an employee surpasses their year of transition, they will automatically be offered a title change and increase in annual leave allowance or be terminated. Salary increases will be determined by merit alone as stipulated (in the employee handbook).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Copies of other documents in addition to the conflict of interest policy and financial statements are kept in the GKI offices, as well as in electronic formats. These include Articles of Incorporation, Corporate By-laws, minutes and other records such as written communications and financial statements within the past 3 years. In addition, a list of names and business addresses of current officers and directors and the most recent biennial report filed with DC are available. These documents can be shared upon receipt of a written request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Other Fees for Services Program M&G Domestic Consultants $275,830 $15,986 Foreign Consultants 229,200 $3,838Other $6,392 $1,284
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Part III - Line 4: Program Service AccomplishmentsLabs (formally Network Facilitation and Social Innovation Labs)(Continued from Part III)Heifer Vision: GKI partnered with Heifer Internationals Leadership Team to co-design an engagement with senior staff and the Board of Directors to collaboratively explore their 2030 Aspiration document and the internal and external forces driving change within their sector specifically and the world more broadly. Part III - Line 4: Program Service Accomplishments Research (formally Systems Research and Evaluation)(Continued from Part III)GKI partnered with FAORNE to conduct research and report our findings on viable innovations with the most potential to advance SDG 2 (Zero Hunger).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part III response or note to any other line in Part III
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.02$1.86$2.53$0.82$1.71
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.08$0.39$1.58$1.44$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.44$0.18$0.26$1.19$1.31$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.03$0.38$0.79$0.87$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.01$0.46$0.76$0.89$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.02$0.59$0.97$0.81$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.20$0.43$0.92$0.71$0.21
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.27$0.22$0.58$0.64$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.48$0.20$0.28$0.76$0.56$0.20
2013Detailed filing. Detailed filing data is available for this year.$0.38$0.30$0.08$0.31$0.39$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.08$0.15$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$0.14