Civic Intelligence

Bancroft Global Development

EIN 54-1955545 • 501(c)3 • Washington, DC

Profile

To deliver permanent solutions to the economic, environmental, and societal harm caused by armed conflict and the explosive remnants of war

750 17th Street NW 1100Washington, DC 20006

www.bancroftglobal.org

Siviq Scores

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

Liabilities / Assets

48th percentile

0.16x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

23rd percentile

0.06x

Higher debt load relative to revenue than 23% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

7th percentile

-40%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

52nd percentile

$169,488

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

2nd percentile

-58%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

2nd percentile

-65%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$8,290,620

Down $11,603,762 (-58%) from 2023

Liabilities

Down

$1,351,888

Down $1,411,186 (-51%) from 2023

Net Assets

Down

$6,938,732

Down $10,192,576 (-59%) from 2023

Revenue

Down

$21,309,341

Down $40,109,240 (-65%) from 2023

Expenses

Down

$29,732,886

Down $30,323,583 (-50%) from 2023

Net Income

Down

-$8,423,545

Down $9,785,657 (-718%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $3,603,747Liabilities 2010: $15,740Net Assets 2010: $3,588,0072010Assets 2013: $5,208,448Liabilities 2013: $276,456Net Assets 2013: $4,932,0322013Assets 2014: $6,433,462Liabilities 2014: $269,806Net Assets 2014: $6,163,6562014Assets 2015: $8,606,603Liabilities 2015: $835,754Net Assets 2015: $7,770,8492015Assets 2016: $6,792,758Liabilities 2016: $1,046,813Net Assets 2016: $5,745,9452016Assets 2017: $5,497,645Liabilities 2017: $1,034,291Net Assets 2017: $4,463,3542017Assets 2018: $5,267,204Liabilities 2018: $817,721Net Assets 2018: $4,449,4832018Assets 2019: $3,805,080Liabilities 2019: $1,216,230Net Assets 2019: $2,588,8502019Assets 2020: $4,075,756Liabilities 2020: $2,690,059Net Assets 2020: $1,385,6972020Assets 2021: $14,569,475Liabilities 2021: $4,346,851Net Assets 2021: $10,222,6242021Assets 2022: $53,710,745Liabilities 2022: $36,172,518Net Assets 2022: $17,538,2272022Assets 2023: $19,894,382Liabilities 2023: $2,763,074Net Assets 2023: $17,131,3082023Assets 2024: $8,290,620Liabilities 2024: $1,351,888Net Assets 2024: $6,938,7322024

Highlighted filing

2024

Assets$8,290,620
Liabilities$1,351,888
Net Assets$6,938,732

Operations Trend

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

$200M$150M$100M$50M$0-$50MRevenue 2010: $14,208,518Expenses 2010: $14,776,842Net Income 2010: -$568,3242010Revenue 2013: $24,357,145Expenses 2013: $23,057,068Net Income 2013: $1,300,0772013Revenue 2014: $23,154,338Expenses 2014: $21,922,714Net Income 2014: $1,231,6242014Revenue 2015: $22,422,688Expenses 2015: $22,327,425Net Income 2015: $95,2632015Revenue 2016: $21,489,489Expenses 2016: $23,185,068Net Income 2016: -$1,695,5792016Revenue 2017: $19,867,839Expenses 2017: $21,479,755Net Income 2017: -$1,611,9162017Revenue 2018: $29,638,254Expenses 2018: $29,636,699Net Income 2018: $1,5552018Revenue 2019: $24,942,820Expenses 2019: $26,803,453Net Income 2019: -$1,860,6332019Revenue 2020: $16,909,929Expenses 2020: $18,113,082Net Income 2020: -$1,203,1532020Revenue 2021: $21,220,867Expenses 2021: $19,084,555Net Income 2021: $2,136,3122021Revenue 2022: $189,000,727Expenses 2022: $179,916,093Net Income 2022: $9,084,6342022Revenue 2023: $61,418,581Expenses 2023: $60,056,469Net Income 2023: $1,362,1122023Revenue 2024: $21,309,341Expenses 2024: $29,732,886Net Income 2024: -$8,423,5452024

Highlighted filing

2024

Revenue$21,309,341
Expenses$29,732,886
Net Income-$8,423,545

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 20, 2025
Return Version
2024v5.1
Gross Receipts
$21,405,672
Mission and Program Overview

Mission

Education and capacity building to promote permanent solutions to the economic, environmental, and societal harm caused by armed conflict.

To deliver permanent solutions to the economic, environmental, and societal harm caused by armed conflict and the explosive remnants of war.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$7,831,476$4,320,140▼ $3,511,336
Cash and Non-Interest-Bearing Accounts$11,232,666$3,169,527▼ $8,063,139
Land, Buildings, and Equipment, Net$521,389$455,332▼ $66,057
Accounts Receivable$1,870$223,889▲ $222,019
Prepaid Expenses and Deferred Charges$198,937$76,332▼ $122,605
Inventories for Sale or Use$56,800$15,400▼ $41,400
Other Notes and Loans Receivable, Net$1,913$15,000▲ $13,087
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$19,894,382$8,290,620▼ $11,603,762
Other Assets Total$49,331$15,000▼ $34,331
Liabilities
Accounts Payable and Accrued Expenses$2,763,074$1,351,888▼ $1,411,186
Other Liabilities$0$0→ $0
Total Liabilities$2,763,074$1,351,888▼ $1,411,186
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,241,330$3,534,621▼ $1,706,709
Net Assets Without Donor Restrictions$11,889,978$3,404,111▼ $8,485,867
Total Net Assets Fund Balance$17,131,308$6,938,732▼ $10,192,576
Total Liabilities and Net Assets / Fund Balance$19,894,382$8,290,620▼ $11,603,762

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$252,596$215,774$468,370
Equipment$202,736$173,182$375,918
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael StockPresident/Treasurer
Alexander KrongardBoard Member
Gregory JoachimExec. Director/Secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Nomad AviationAir Transport Services750 17TH STREET NORTHWEST SUITE 110, Washington, DC 20006, Wz$7,980,757
Bancroft Global ManagementMgmt & Personnel Services320 MAIN STREET SUITE 2A, Laurel, MD 20707, Ug$2,751,905
African Skies LimitedSecurity & Operational Support160 Victoria Street, Uk$264,820
Tranquility Cybersecurity InternationalLaw Enforcement Consulting-$144,463
Motorola Solutions UK LimitedTelecommunications Services-$123,237
Revenue and Support

Revenue Composition

Contributions and Grants
$18,965,158
Program Service Revenue
$2,170,836
Investment Income
$-96,331
Other Revenue
$269,678
All Other Contributions
$1,945,060
Change in Net Assets
$-8,423,545

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,309,341
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$21,309,341
Total Revenue per Form 990
$21,309,341
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,308,749
Grants and Similar Amounts Paid$9,906,326
Salaries, Compensation, and Employee Benefits$517,811
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$9,821,165$2,036,764$0$11,857,929
Foreign Grants$9,906,326--$9,906,326
Occupancy$3,459,538$0$0$3,459,538
Travel$778,279$17,021$0$795,300
Insurance$563,422$3,578$0$567,000
Other Salaries and Wages$517,811$0$0$517,811
Information Technology$145,962$43,923$0$189,885
Fees for Services Accounting$0$168,815$0$168,815
Office Expenses$83,973$10,861$0$94,834
Conferences and Meetings$79,340$5,366$0$84,706
Depreciation Depletion$81,353$0$0$81,353
Other Expenses$29,612$1,337-$1,337
Fees for Services Legal$1,067$0$0$1,067
Total Functional Expenses$27,445,138$2,287,748$0$29,732,886

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$31,501,917
Expenses per Audited Statements$29,732,886
Total Expenses per Form 990$29,732,886
Expenses Not Reported on Form 990$1,769,031
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
International Activity

International Summary

Offices
4
Employees
175
Spending
$31,118,393

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
Sub-Saharan AfricaProgram ServicesCapacity Building, Medical Services2163$21,806,928
Sub-Saharan AfricaGrantmaking-00$7,444,884
Russia and Neighboring StatesProgram ServicesHumanitarian Aid in Ukraine18$1,164,466
Middle East and North AfricaProgram ServicesMedical Services14$508,315
Russia and Neighboring StatesGrantmaking-00$193,800
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-See Part VPurchase of Management Services, Including Staffing and OfficesNo$2,961,519

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
Yes
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
No
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
Yes

Governance Explanations

Form 990, Part VI, Line 3 Delegation of management duties

All personnel are permanent employees of bancroft global management, llc (bgm). Bgm provides executive staffing and managerial services to bancroft global development (bgd). During the year in question, the following persons reported on part vii-a received compensation from bgm for services provided to bgd in the following amounts: greg joachim - $400,597

Form 990, Part VI, Line 8B Documentation of meetings held by committees of governing body

No persons or committees exist with the power to act on behalf of the board.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The form 990 was prepared by the outside accountants and reviewed by the organization's officers. For completeness and accuracy, a copy of the 990 was provided to the full board before it was filed with the irs.

Form 990, Part VI, Line 12C Conflict of interest policy

The organization requires written update of disclosures from its officers and directors on an annual basis. In accordance with bancroft procurement policy, interested parties are obligated to offer recusal from relevant management decisions, which the unaffected bancroft board members must accept prior to making final decisions.

Form 990, Part VI, Line 19 Required documents available to the public

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Bancroft Global Development
EIN
54-1955545
Phone
8888016777
Address
750 17th Street NW 1100, Washington, DC 20006

Signing Officer

Name
Michael Stock
Title
President/Treasurer
Phone
8888016777
Signed
2025-11-20
Discuss with paid preparer
Yes

Organization Details

Formed
1999
Legal Domicile
Va
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Forvis Mazars LLP
Address
500 Ridgefield Court, Asheville, NC 28806
Preparer
Amy Bibby
Phone
8282542254
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G Other Fees

BGM PROFESSIONALS - Total Expense: 2772988, Program Service Expense: 736224, Management and General Expenses: 2036764, Fundraising Expenses: ; OTHER CONTRACTORS - Total Expense: 9084941, Program Service Expense: 9084941, Management and General Expenses: , Fundraising Expenses: ;

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The Organization is exempt from Federal income tax under Section 501(a) of the Internal Revenue Code ("IRC"), as an organization described in IRC Section 501(c)(3). Accordingly, no provision for income taxes has been made in the accompanying financial statements. The Organization is not a private foundation.

Raw XML AppendixShowing 400 of 639 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/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0Exec. Director/Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt1President/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
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IRS990/FormationYr01999
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IRS990/InformationTechnologyGrp/ProgramServicesAmt0145962
IRS990/InformationTechnologyGrp/TotalAmt0189885
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt03578
IRS990/InsuranceGrp/ProgramServicesAmt0563422
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IRS990/InventoriesForSaleOrUseGrp/EOYAmt015400
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0455332
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IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt096331
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IRS990/MissionDesc0TO DELIVER PERMANENT SOLUTIONS TO THE ECONOMIC, ENVIRONMENTAL, AND SOCIETAL HARM CAUSED BY ARMED CONFLICT AND THE EXPLOSIVE REMNANTS OF WAR.
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IRS990/OtherExpensesGrp/Desc0Other Project Operations
IRS990/OtherExpensesGrp/Desc1Licensing and Fees
IRS990/OtherExpensesGrp/Desc2Grants and Assistance
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt083
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11337
IRS990/OtherExpensesGrp/ProgramServicesAmt01977290
IRS990/OtherExpensesGrp/ProgramServicesAmt129612
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IRS990/OtherExpensesGrp/TotalAmt129695
IRS990/OtherExpensesGrp/TotalAmt21337
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0517811
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IRS990/PartialLiquidationInd0false
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt04320140
IRS990/PoliciesReferenceChaptersInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0198937
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt076332
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Michael Stock
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IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
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IRS990/ProgSrvcAccomActy2Grp/Desc0Medical Services: The Organization provides medical services, to include aeromedical evacuations and surgeries, in support of peacekeeping forces, United Nations staff, and other authorized personnel within Somalia, Mali and Yemen. Additionally, the Organization provides training and certification for military and civilian medical personnel in Pre-Hospital Trauma Life Support, Tactical Combat Casualty Care, Advanced Cardiac Life Support, and other capabilities. The Organization also provides medical staffing to hospitals and clinics in Somalia, and in support of evacuation flights throughout Africa and Europe.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01600815
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01488336
IRS990/ProgSrvcAccomActy3Grp/Desc0Humanitarian Assistance (and Protection of Civilians, in Extremis): The Organization assists governments' efforts to aid citizens whose efforts to deliver aid to vulnerable populations has been interrupted by mortal dangers of landmines, improvised explosives and hostile nonstate actors.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt025715
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt018133018
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt03738522
IRS990/PYInvestmentIncomeAmt0-70220
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IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
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IRS990/PYOtherRevenueAmt0125803
IRS990/PYProgramServiceRevenueAmt043229980
IRS990/PYRevenuesLessExpensesAmt01362112
IRS990/PYSalariesCompEmpBnftPaidAmt0439784
IRS990/PYTotalExpensesAmt060056469
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt061418581
IRS990/QuidProQuoContributionsInd0false
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
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IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-8423545
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0682500
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt02021 AMOUNT: $ 500,479 2022 AMOUNT: $ 86,716 2023 AMOUNT: $ 125,803 2024 AMOUNT: $ 269,678
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1DESCRIPTION - OTHER INCOME, COLUMN A - , COLUMN B - 500479.0, COLUMN C - 86716.0, COLUMN D - 125803.0, COLUMN E - 269678.0, COLUMN F - 982676.0;
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10 EXPLANATION FOR OTHER INCOME
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Schedule A, Part II, Line 10 Other Income
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X

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