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Global Entrepreneurship Network

Arlington, VA · EIN 52-2315929 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2023 (tax year 2023) · View the filing · Correct or respond

Global Entrepreneurship Network reported $17.8 million in revenue and $15.4 million in expenses for calendar year 2023. Of every $100 it spent, $99.19 went to program services, $0.81 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 99.8% of the total. The highest compensation it reported for one person was $616,124 (PRESIDENT/DI). 2 people received more than $100,000 in reportable compensation. Revenue rose 161% between 2019 and 2023. Source: Form 990, 2023.

Where $100 of spending went

Calendar year 2023 · Form 990, Part IX, line 25 · total expenses $15M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2023 · Form 990, Part VIII · total revenue $18M

The 990 scorecard · same measures for every charity, no grades

2023 filing. Median across 5,499 covered charities in this category, from their latest filings.
Measure2023Median
Program services
Part IX 25(B) ÷ 25(A)
99.2%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
0.8%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
99.8%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
3.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$616,124$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.99%1.28%
People paid over $100,000
Part VII, line 2
28
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
5.213.3
Independent voting board members
Part VI 1a–1b
9 of 9100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2023 · Form 990, Part III · the three largest programs by expense
$12M expenses · 76.0% of program spending · grants $10M

Small business grants and access to credit program: gen's grant and equitable access to credit program helps small businesses, especially from disadvantaged communities, in their journey to sustainability, growth and hiring more americans. Through partnerships with philanthropy, gen provides small grants to entrepreneurs in need who gen sees as having strong potential as future employers in their communities. Gen, through its partnership with the hello alice platform and philanthropic funders, also provides credit and technical assistance for those seeking to improve their credit score in…

$1.6M expenses · 10.6% of program spending

Entrepreneurship world cup (ewc): the ewc supports entrepreneurs with a no-strings-attached cash prize incentive to further develop their ideas and with gen's help and the help of peers, become more likely to succeed. Many of those who apply come from communities where talent is plentiful but opportunity is not. Ewc attracts entrepreneurs who do good while seeking to do well. For example, an increasing number of applicants focus on solutions to everyday problems that improve the environment and help achieve climate and sustainability goals. Resources are spent on supporting entrepreneurs…

$1.4M expenses · 8.8% of program spending

Global Entrepreneurship week (gew): gew inspires more americans and citizens from other countries to consider the path of entrepreneurship. Organizations actively supporting entrepreneurs host a festival-type campaign with live and virtual events in communities everywhere that invite ordinary citizens to better understand what local, national and global resources are available to them. Program resources are used to establish partnerships with organizations and volunteer campaign leaders who host activities for the public - especially women and youth and those who have historically been left…

$690K all other programs (line 4d)

Highest reported compensation

2023 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/DI
Director/trustee, officer, 40.00 hrs/week
$606,224$0$9,900$616,124
EXEC. VICE P
Highest compensated employee, 40.00 hrs/week
$226,189$0$6,750$232,939

2 people received more than $100,000 in reportable compensation from Global Entrepreneurship Network (Part VII, line 2).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M20192020202120222023$18M$15M
FilingRevenueExpensesProgramsNet assetsTop pay
2023 ⓘ$18M$15M99.2%$6.7M$616,124
2022 ⓘ$12M$12M96.9%$4.2M$616,347
2021 ⓘ$10M$9.2M96.8%$3.9M$543,836
2020 ⓘ$8.0M$7.9M96.3%$2.8M$587,836
2019 ⓘ$6.8M$6.2M95.4%$2.4M$584,944

Governance answers, as filed

2023 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
  • Audited financial statements Part XII 2bNo
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 57

Private foundation grants it received

2 private foundations reported grants to Global Entrepreneurship Network totaling $3.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Global Entrepreneurship Network's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Global Entrepreneurship Network, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Virginia

Questions people ask

How much of Global Entrepreneurship Network's spending goes to programs?

In calendar year 2023, Global Entrepreneurship Network reported that 99.2% of its $15.4 million in expenses went to program services, 0.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Global Entrepreneurship Network pay its top executive?

The largest total compensation Global Entrepreneurship Network reported for one person in calendar year 2023 was $616,124, for the role of PRESIDENT/DI (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Global Entrepreneurship Network get its money?

Of $17.8 million in revenue in calendar year 2023, 99.8% came from contributions and grants (including 3.0% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Global Entrepreneurship Network a registered charity?

The IRS lists EIN 52-2315929 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2023: Form 990 for calendar year 2023, object 202403199349313665 · read the filing · XML
  • 2022: Form 990 for calendar year 2022, object 202313189349310756 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233139349303713 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103199349306540 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003189349309545 · read the filing

All filings for EIN 52-2315929: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.