Civic Intelligence

Dalberg Charitable

990 • Fiscal year 2022 • EIN 81-2108637

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

1401 K St NW 900Washington, DC 20005

(202) 800-9104

Siviq Scores

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

Liabilities / Assets

48th percentile

0.16x

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

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

42nd percentile

0.16x

Higher debt load relative to revenue than 42% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

60th percentile

12%

Higher net margin than 60% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

76th percentile

$283,750

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

79th percentile

18%

Faster asset growth than 79% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

90th percentile

75%

Faster revenue growth than 90% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$10,946,240

Up $1,671,771 (+18%) from 2021

Net Assets

Up

$9,199,440

Up $1,210,365 (+15%) from 2021

Liabilities

Up

$1,746,800

Up $461,406 (+36%) from 2021

Revenue

Up

$11,117,088

Up $4,765,686 (+75%) from 2021

Expenses

Up

$9,829,659

Up $5,163,988 (+111%) from 2021

Net Income

Down

$1,287,429

Down $398,302 (-24%) from 2021

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2017: $57,589Liabilities 2017: $0Net Assets 2017: $57,5892017Assets 2018: $193,909Liabilities 2018: $0Net Assets 2018: $193,9092018Assets 2019: $1,060,462Liabilities 2019: $527,948Net Assets 2019: $532,5142019Assets 2020: $7,121,147Liabilities 2020: $745,654Net Assets 2020: $6,375,4932020Assets 2021: $9,274,469Liabilities 2021: $1,285,394Net Assets 2021: $7,989,0752021Assets 2022: $10,946,240Liabilities 2022: $1,746,800Net Assets 2022: $9,199,4402022Assets 2023: $10,684,232Liabilities 2023: $1,550,853Net Assets 2023: $9,133,3792023Assets 2024: $7,139,919Liabilities 2024: $661,754Net Assets 2024: $6,478,1652024

Highlighted filing

2022

Assets$10,946,240
Liabilities$1,746,800
Net Assets$9,199,440

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2017: $297,000Expenses 2017: $239,446Net Income 2017: $57,5542017Revenue 2018: $792,774Expenses 2018: $656,454Net Income 2018: $136,3202018Revenue 2019: $382,000Expenses 2019: $576,332Net Income 2019: -$194,3322019Revenue 2020: $9,547,192Expenses 2020: $3,680,069Net Income 2020: $5,867,1232020Revenue 2021: $6,351,402Expenses 2021: $4,665,671Net Income 2021: $1,685,7312021Revenue 2022: $11,117,088Expenses 2022: $9,829,659Net Income 2022: $1,287,4292022Revenue 2023: $8,714,154Expenses 2023: $8,700,923Net Income 2023: $13,2312023Revenue 2024: $5,985,311Expenses 2024: $8,605,086Net Income 2024: -$2,619,7752024

Highlighted filing

2022

Revenue$11,117,088
Expenses$9,829,659
Net Income$1,287,429
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$11,117,088
Mission and Program Overview

Mission

Provides support to the weak and disadvantaged people in need all over the world through the promotion of international development by generating and identifying new ideas and facilitating their implementation.

Dalberg Catalyst exists to co-create and actively accelerate systems solutions that have a tangible and durable impact on the pressing societal and planetary challenges of our time.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,319,598$7,710,034▲ $390,436
Pledges and Grants Receivable$1,295,678$3,093,236▲ $1,797,558
Prepaid Expenses and Deferred Charges$631,934$126,615▼ $505,319
Intangible Assets$27,259$16,355▼ $10,904
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$9,274,469$10,946,240▲ $1,671,771
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$189,763$1,495,007▲ $1,305,244
Grants Payable$1,040,476$249,293▼ $791,183
Deferred Revenue$55,155$2,500▼ $52,655
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,285,394$1,746,800▲ $461,406
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,686,869$8,925,807▲ $1,238,938
Net Assets Without Donor Restrictions$302,206$273,633▼ $28,573
Total Net Assets Fund Balance$7,989,075$9,199,440▲ $1,210,365
Total Liabilities and Net Assets / Fund Balance$9,274,469$10,946,240▲ $1,671,771
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sonila CookPresident/CEOFT$260,365$23,385$283,750
Jordan K FabyanskeChief Program OfficerFT$140,624$10,758$151,382
Leslie Y ParkGeneral Counsel/secretaryPT$104,400-$104,400
Chris DevairakkamCOO/CFOFT$54,167-$54,167

Board Members and Trustees

NameTitle
Henrik SkovbyFounder and CHAIR
Mariah LevinDirector
Dan TuttleDirector and Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Dalberg Consulting CCStrategy Implement44 Farnsworth Street, Boston, MA 02210-1211$1,656,224
Dalberg Consulting US LLCStrategy Implement155 W 23rd Street, New York, NY 10011$931,449
D Implement IncStrategy Implement508 Main Street, Wilmington, DE 19804, Sf$651,624
JSI Research and TrainingStrategy Implement1875 K Street NW 4th Floor, Washington, DC 20006$518,919
Konu LLCStrategy Implement-$460,316
Revenue and Support

Revenue Composition

Contributions and Grants
$11,026,341
Program Service Revenue
$90,720
Investment Income
$27
Other Revenue
$0
All Other Contributions
$10,896,321
Change in Net Assets
$1,287,429

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,117,088
Total Revenue per Audited Statements
$11,117,088
Total Revenue per Form 990
$11,117,088
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,319,693
Grants and Similar Amounts Paid$1,400,855
Salaries, Compensation, and Employee Benefits$1,109,111
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$7,069,685$25,833$0$7,095,518
Grants to Domestic Orgs$861,000--$861,000
Foreign Grants$539,855--$539,855
Other Salaries and Wages$247,097$273,327-$520,424
Current Officers, Directors, Trustees, and Key Employees$240,115$265,602-$505,717
Travel$132,266--$132,266
Payroll Taxes$22,463$24,838-$47,301
Fees for Services Accounting-$38,195-$38,195
Other Employee Benefits$16,936$18,733-$35,669
Office Expenses-$21,291-$21,291
Insurance-$14,826-$14,826
Depreciation Depletion-$10,904-$10,904
Information Technology-$3,883-$3,883
Conferences and Meetings-$1,600-$1,600
Occupancy-$1,200-$1,200
Interest-$10-$10
Total Functional Expenses$9,129,417$700,242$0$9,829,659

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,829,659
Total Expenses per Audited Statements$9,829,659
Total Expenses per Form 990$9,829,659
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
World Resources InstituteWashington, DC501(c)(3)CLIMATE SMART FOREST - As lead partner for the Dialogue pillar, WRI worked with the Forests Dialogue and other platforms to engage a broad range of stakeholders across the public and private sector to gather perspectives, identify key "fracture-lines", clarify ideas and build consensus around the scope and nature of the pro-climate forest economy and how it can be achieved.$461,000
Arizona State UniversityTemple, AZ501(c)(3)Tool Development - Building a tool for large-scale investors to estimate the risk of forced labor in their portfolio companies (Forced Labor Open Risk Estimation Tool - FLORET).$100,000
Cooperative For Assistance and Relief EverywhereAtlanta, GA501(c)(3)Piloting a partnership with myAgro to support smallholder farmers in Tanzania with access to inputs, training, and market access.$100,000
The Inspire Project IncStaunton, VA501(c)(3)Building/refining an app-based immersive pandemic simulation for US high school students to support public health/STEM learning (Operation Outbreak).$100,000
The Regents of the University of CaliforniaBerkeley, CA501(c)(3)AI Project - Building/refining an open-source AI-based tool to target anti-poverty cash microtransfers, using mobile phone records and satellite imagery.$100,000

International Summary

Offices
0
Employees
0
Spending
$5,359,270

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 Services-00$3,336,034
Europe (Including Iceland and Greenland)Program Services-00$1,144,602
Sub-Saharan AfricaGrantmakingProject Implementation00$277,519
Europe (Including Iceland and Greenland)GrantmakingProject Implementation00$242,818
Central America and the CaribbeanProgram ServicesProject Implementation00$156,113
East Asia and the PacificProgram ServicesProject Implementation00$99,304
North AmericaProgram Services-00$62,563
South AsiaProgram Services-00$20,800
South AmericaGrantmakingProject Implementation00$17,400
East Asia and the PacificGrantmakingProject Implementation00$2,117
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
D ImplementMajority owned by board memberProject ConsultingNo$651,624

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
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
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

FORM 990, PART VII, COMPENSATION OF OFFICERS:

In a purely administrative arrangement, Dalberg Advisors administers a portion of the CEO's salary, and is fully reimbursed by Dalberg Catalyst for this payment. The CEO currently receives healthcare insurance through Dalberg Advisors, which is also fully reimbursed by Dalberg Catalyst. Dalberg Catalyst pays an administrative fee to Dalberg Advisors for handling of payroll and healthcare.

FORM 990, PART VI, SECTION B, LINE 11B:

THE CEO, The CFO/COO, AND GENERAL COUNSEL REVIEW AND APPROVE THE ORGANIZATION'S DRAFT IRS FORM 990. BEFORE FILING WITH THE IRS, THE CEO SENDS THE FORM 990 TO THE BOARD FOR ITS REVIEW.

FORM 990, PART VI, SECTION B, LINE 12C:

The organization maintains a board-adopted conflict of interest policy that requires officers and directors to disclose any transactions or arrangements involving an actual or possible conflict of interest. Officers or directors who have an actual or potential conflict of interest must recuse themselves from any board discussion or vote on such proposed arrangement or transaction.

FORM 990, PART VI, SECTION B LINE 15:

The Organization's Board members reviewed compensation benchmarks based on the compensation information from Form 990s of organizations operating in the same sector, and of comparable size and complexity. Per those benchmarks, the Board members (other than the CEO) unanimously agreed that the compensation of the current CEO and CFO was reasonable and appropriate for their roles and the size of Dalberg Catalyst.

Form 990, Part VI, Section C, Line 19

Made available upon request.

Filing and Contact Details

Filer

Filer Name
Dalberg Catalyst
EIN
81-2108637
In Care Of
% LESLIE PARK SECRETARY
Phone
2028009104
Address
1401 K ST NW 900, Washington, DC 20005

Signing Officer

Name
Sonila Cook
Title
President & CEO
Phone
2028009104
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sonila Cook
Formed
2016
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
3
Employees
8
Volunteers
3

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Israel Tannenbaum
Phone
7328281614
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

Dalberg Catalyst exists to co-create and actively accelerate systems solutions that have a tangible and durable impact on the pressing societal and planetary challenges of our time.

Form 990, Part III, Line 4A - 4D

FORM 990, PART III, LINE 4A CLIMATE SMART FOREST ECONOMY PROGRAM: CSFEP AIMS TO BUILD RADICALLY NEW ECONOMIES THAT BALANCE THE NEEDS OF ECOSYSTEMS AND PEOPLE. BY USING BIO-BASED PRODUCTS TO MEET BASIC HUMAN NEEDS LIKE HOUSING, WHILE CREATING LOCAL JOBS AND GENERATING REVENUE FOR SUSTAINABLE FOREST MANAGEMENT, CSFEP EMPOWERS COMMUNITIES TO TACKLE THEIR BIGGEST CHALLENGES WHILE ALSO DECARBONIZING AND REVERSING BIODIVERSITY LOSS. CSFEP SUPPORTS BREAKTHROUGH INITIATIVES THAT DEMONSTRATE THE FULL POTENTIAL OF SUSTAINABLE FORESTS AND FOREST PRODUCTS TO PAVE THE WAY FOR FUTURE GREEN GROWTH. CSFEP IS AN EVIDENCE-BASED COLLABORATIVE OF EIT CLIMATE-KIC AND DALBERG. KEY PARTNERS INCLUDE THE WORLD ECONOMIC FORUM AND THE WORLD RESOURCES INSTITUTE. GOOD ENERGIES FOUNDATION HAS GENEROUSLY PROVIDED SEED FUNDING FOR THE PROGRAM, WHICH IS INCUBATED BY DALBERG CATALYST. FORM 990, PART III, LINE 4B COVAX - Country Readiness & Delivery: With the support of the Bill & Melinda Gates Foundation, we are working with the Dalberg Group and JSI to support the COVID Vaccine Delivery Partnership to improve and harmonize knowledge management, communications, and tools and processes used at the global, regional, and country levels for the planning, implementation, and monitoring of COVID-19 vaccine programs. This work is facilitating collaboration, information exchange, and learning between country, region, and immunization partners and increasing the readiness and capacity of COVAX participating countries, particularly LMICs, for the implementation of the COVID-19 vaccines' delivery plans. FORM 990, PART III, LINE 4C Preventing Pandemics at the Source: Dalberg Catalyst designed and launched the Preventing Pandemics at the Source initiative in recognition of the fact that infectious diseases like COVID-19 will appear again, and with increasing frequency, unless we get to the root of the problem and prevent pandemics at their source - at the point of spillover from animals to humans. THIS SPILLOVER IS OCCURRING WITH INCREASING FREQUENCY due to our broken relationship with nature. Alongside a growing coalition of leading conservation, public health, human rights, science, health justice, Indigenous Rights, and COVID-survivor organizations, we are working to catalyse funding and global action to prevent the spillover of zoonotic pathogens - well before they can become global pandemics, regional or national epidemics, or even localized outbreaks. FORM 990, PART III, LINE 4D . Sharing Strategies - To crack the concurrent crises of COVID, conflicts, climate, and inequality, the international development community needs to break out of old ways of working, escape siloed thinking and structures, and partner strategically. Sharing Strategies is a neutral platform and network of leading change-makers from advocates, think tanks, local leaders, global civil society groups, international organizations, the private sector and philanthropic foundations working together to avert climate catastrophe and achieve our shared Sustainable Development Goals. Sharing Strategies is incubated at Dalberg Catalyst. . CLIMATE ACTION PLATFORM FOR AFRICA (CAP-A) - THE MISSION OF CAP-A IS TO UNLOCK AFRICA'S POTENTIAL AS A GLOBAL HUB FOR CLIMATE ACTION, UNDERPINNED BY A NEW CLIMATE-SMART MODEL OF ECONOMIC GROWTH AND INCLUSIVE LIVELIHOODS. THE PLATFORM'S WORK IS INFORMED BY THE REALIZATION THAT AFRICA'S DEMOGRAPHICS, GROWTH TRAJECTORY AND NATURAL RESOURCE ENDOWMENTS, COUPLED WITH ITS EXTREMELY LOW LEVELS OF CURRENT CARBON EMISSIONS, ALLOW THE CONTINENT TO ASPIRE TO NOT JUST NET-ZERO BUT A SUBSTANTIAL NET-NEGATIVE CARBON FOOTPRINT SOONER THAN ANY OTHER PART OF THE WORLD. . Uncommon Collaborations - Funded by the Rockefeller Foundation, and co-designed and managed by Dalberg Catalyst, Uncommon Collaborations supports collaborations between experts seeking to creatively solve complex challenges the world faces today. . Investors for Health - Dalberg Catalyst hosts and supports this community o

Form 990, Part XI, Line 9

Foreign currency transaction loss $72,149.

Form 990 Part IX Line 11G

Description:project consultants total fees:7090780

Form 990 Part IX Line 11G

Description:other fees total fees:4738

Financial Statement Notes

Schedule D, Part X, Line 2

The Organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and exempt from state taxes under state charities registration laws. Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Organization and recognize a tax liability (or asset) if the Organization has taken an uncertain position that more likely than not would not be sustained upon examination by applicable taxing authorities. Management has analyzed the tax positions taken by the Organization and has concluded that as of December 31, 2022 and 2021 there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. There has been no tax related interest or penalties for the period presented in these financial statements. Should any such penalties and interest be incurred, the Organization's policy would be to recognize them as a management and general expense.

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