2024-11-15T08:34:27-06:00 2023-12-31 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2023-01-01 010669150 GRANTMAKERS FOR EFFECTIVE ORGANIZATIONS GRAN 2028981823 1310 L STREET NW 650 WASHINGTON DC 20005 MARCUS WALTON PRESIDENT & CEO 2028981823 2024-11-08 1 0 MONIQUE BOOKER P00644231 4105840060 2023 2024-10-15 13:58:12Z MARCUS WALTON 1310 L STREET NW 650 WASHINGTON DC 20005 4894643 0 X WWW.GEOFUNDERS.ORG X 2002 DC GEO IS A COMMUNITY OF FUNDERS COMMITTED TO TRANSFORMING PHILANTHROPIC CULTURE AND PRACTICE BY CONNECTING MEMBERS TO THE RESOURCES AND RELATIONSHIPS NEEDED TO SUPPORTTHRIVING NONPROFITS AND COMMUNITIES. 13 13 28 407 0 0 5265542 4075305 790250 589504 40989 219569 1088 10265 6097869 4894643 54600 59863 0 0 3652996 4071154 0 0 476552 2768801 2930261 6476397 7061278 -378528 -2166635 13379679 10747221 2048661 1582838 11331018 9164383 X GEO IS A COMMUNITY OF FUNDERS COMMITTED TO TRANSFORMING PHILANTHROPIC CULTURE AND PRACTICE BY CONNECTING MEMBERS TO THE RESOURCES AND RELATIONSHIPS NEEDED TO SUPPORT THRIVING NONPROFITS AND COMMUNITIES. 0 0 1916677 2207990 MEMBER PROGRAMS: GEO IS A DIVERSE COMMUNITY OF NEARLY 500 GRANTMAKING ORGANIZATIONS WORKING TO TRANSFORM PHILANTHROPIC CULTURE AND PRACTICE. IN 2023, GRANTMAKERS ADDRESSED SHARED CHALLENGES IN GRANTMAKING THROUGH GEO'S PEER LEARNING PROGRAMS INCLUDING WEBINARS, MEMBER CALLS AND REMOTE LEARNING SERIES. OTHER MEMBER PROGRAMS, SUCH AS OUR FELLOWSHIP COHORTS AND CEO/SENIOR LEADER PROGRAMMING FOUND NEW WAYS FOR MEMBERS AND NON-MEMBER GRANTMAKERS TO COME TOGETHER TO ADDRESS THE BARRIERS TO ADOPTING GRANTMAKING PRACTICES THAT SUPPORT THRIVING COMMUNITIES. THESE OPPORTUNITIES ALLOW MEMBERS TO TALK ABOUT THE CHALLENGES THEY ARE FACING, ADVANCE EQUITY, WORK THROUGH COMPLEX CHANGES WITHIN THEIR ORGANIZATIONS, AND ADVOCATE FOR IMPROVED PRACTICES ACROSS THE FIELD. 1358154 477475 CONFERENCES: GEO CONFERENCES EDUCATE AND INSPIRE ACTION. IN 2023, WE HELD A LEARNING CONFERENCE THAT CONVENED ALMOST 550 GRANTMAKERS BOTH IN PERSON IN WASHINGTON DC AND VIRTUALLY TO CONNECT WITH EACH OTHER AND HEAR FROM DYNAMIC SPEAKERS ON TOPICS RELATED TO COURAGEOUS (UN)LEARNING. PARTICIPANTS EXCHANGED IDEAS AND DEEPENED THEIR SKILLSET RELATED TO EQUITY-CENTERED LEARNING AND EVALUATION AND THE ADOPTION AND IMPLEMENTATION OF PHILANTHROPIC PRACTICES THAT LEAD TO THRIVING COMMUNITIES. 964940 112029 RESEARCH & LEARNING: WE CONDUCT RESEARCH ON FIELD TRENDS TO MARK CHANGES IN GRANTMAKER PRACTICE OVER TIME, AS WELL AS ONGOING SKILL-BUILDING FOR OUR STAFF, BOARD AND OTHER KEY STAKEHOLDERS TO INFORM OUR STRATEGY OF BUILDING COMMUNITY. 493306 2097149 COMMUNICATIONS & PUBLICATIONS: GEO RAISES AWARENESS THAT WILL CATALYZECHANGE IN THE FIELD OF PHILANTHROPY. WE ENGAGE IN ONGOING FIELD-WIDECOMMUNICATION EFFORTS TO ACCOMPLISH THIS. IN 2023, GEO DREW ATTENTIONTO GRANTMAKING PRACTICES AND CULTURE THAT SUPPORT THRIVING NONPROFITS ANDCOMMUNITIES THROUGH MEDIA OUTREACH, PRESENTING AT CONFERENCES,PRODUCING PUBLICATIONS, AND USING ONLINE TOOLS SUCH AS THE GEO WEBSITE,SOCIAL MEDIA OUTLETS, MEMBER LIST-SERVES, AND E-NEWSLETTERS. 493306 2097149 4733077 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 36 0 28 1 0 0 0 0 0 1 1 0 0 0 0 X 13 13 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X THE ORGANIZATION 2028981823 1310 L STREET NW 650 WASHINGTON DC 20005 HANH CAO YU IMMEDIATE PAST CHAIR 1.00 X 0 0 0 DENISE ST OMER CHAIR 1.00 X X 0 0 0 PHILLIP LI BOARD MEMBER 1.00 X 0 0 0 ANITA PATEL VICE CHAIR 1.00 X X 0 0 0 NEEL HAJRA TREASURER 1.00 X X 0 0 0 BRENDA SOLORZANO GOVERNANCE COMMITTEE CHAIR 1.00 X X 0 0 0 DEBORAH AUBERT THOMAS BOARD MEMBER 1.00 X 0 0 0 DENNIS QUIRIN BOARD MEMBER 1.00 X 0 0 0 RYAN EASTERLY BOARD MEMBER 1.00 X 0 0 0 REGAN GRUBER MOFFITT BOARD MEMBER 1.00 X 0 0 0 CHERA REID BOARD MEMBER 1.00 X 0 0 0 JOHN JACKSON BOARD MEMBER 1.00 X 0 0 0 JOANNA JACKSON BOARD MEMBER 1.00 X 0 0 0 MARCUS F WALTON PRESIDENT & CEO 40.00 X 351614 0 35407 MILA YOCHUM VICE PRESIDENT, OPERATIONS 40.00 X 99833 0 6591 MEGHAN DUFFY EXECUTIVE VICE PRESIDENT 40.00 X 228170 0 35057 AKILAH MASSEY VICE PRESIDENT, PROGRAMS 40.00 X 179570 0 39732 KRISTINA WERTZ VICE PRESIDENT, EXTERNAL AFFAIRS 40.00 X 180332 0 39725 KELLY WISE DIRECTOR, PEOPLE & CULTURE 40.00 X 144116 0 37447 J WING LI DIRECTOR OF OPERATIONS 40.00 X 136654 0 36635 NICHOLE HOEFLICH DIRECTOR OF PROGRAMS 40.00 X 133057 0 21218 MICHELLE HARRINGTON DIRECTOR OF COMMUNICATIONS & MARKETING 40.00 X 125631 0 20056 JASER ALSHARHAN DIRECTOR OF PROGRAMS 40.00 X 114708 0 19221 1693685 0 291089 9 0 1 0 THE MORRIS AND GWENDOLYN CAFRITZ FDN 1111 14TH ST NW STE 200 WASHINGTON DC 20005 RENT 455537 JW MARRIOTT LOS ANGELES LA 900 W OLYMPIC BLVD LOS ANGELES CA 90015 HOTEL/ VENUE 268545 FRONTLINE SOLUTIONS INTERNATIONAL LLC 1032 15TH STREET NW UNIT 303 WASHINGTON DC 20005 CONSULTING 178704 MARCUM LLP 1899 L STREET NW STE 850 WASHINGTON DC 20036 ACCOUNTING AND HR 170095 WASHINGTON HILTON 1919 CONNECTICUT AVE NW WASHINGTON DC 20009 HOTEL/ VENUE 167493 5 2207990 1867315 4075305 CONFERENCES 900099 477475 477475 SEMINARS 900099 112029 112029 589504 219569 219569 OTHER REVENUE 900099 10265 10265 10265 4894643 599769 0 219569 X 59863 59863 1984777 1218612 577981 188184 1167190 726136 328777 112277 682945 407331 212893 62721 236242 147006 66771 22465 43214 43214 143734 143734 854335 700451 146759 7125 500 500 101996 63135 30054 8807 311965 192042 91422 28501 201497 148235 38741 14521 798514 777702 19176 1636 124425 76335 35430 12660 26665 6612 19817 236 LICENSES/ PERMITS/ FEES 103925 84414 17342 2169 STAFF DEVELOPMENT 84095 53284 16959 13852 SERVICE CHARGES 45540 10 45471 59 89856 71909 17108 839 7061278 4733077 1851649 476552 3195646 2458168 5519661 1421128 823828 16597 49015 45812 34638 1225228 823531 439748 401697 1459785 6145035 1281302 834840 13379679 10747221 292479 254352 56379 44509 1699803 1283977 2048661 1582838 X 8874575 7378318 2456443 1786065 11331018 9164383 13379679 10747221 -2166635 0 X 0 1 X 0 0 X 3211361 5438083 9611904 5265542 4075305 27602195 535148 24950 271930 790250 589504 2211782 3746509 5463033 9883834 6055792 4664809 29813977 0 301167 1957400 5941176 750150 378162 9328055 301167 1957400 5941176 750150 378162 9328055 20485922 39788 31518 17420 40989 157256 286971 39788 31518 17420 40989 157256 286971 40 1088 72578 73706 3786297 5494551 9901294 6097869 4894643 30174654 0.67890 0.00950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 587799 382345 205454 187993 116213 71780 449436 324973 124463 401697 DEPOSITS 31550 OPERATING RIGHT-OF-USE ASSET 803290 834840 OPERATING LEASE LIABILITY 1283977 1283977 X 4894643 0 4894643 0 4894643 7061278 0 7061278 0 7061278 PART X, LINE 2: THE ORGANIZATION REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE, OR REFLECT, ANY UNCERTAIN TAX POSITIONS. 0 NORTHERN CALIFORNIA GRANTMAKERS 160 SPEAR STREET SUITE 360 SAN FRANCISCO CA 94105 54388 0 THIS GRANT SUPPORTED NCG'S WORK ON THE RACIAL EQUITY ACTION INSTITUTE AND OUR WORK TOGETHER TO SCALE THIS MODEL OF CROSS-SECTOR LEARNING NATIONALLY. WE HOLD REGULAR CHECK-IN MEETINGS WITH NCG TO MONITOR THE PROGRESS OF THE WORK X X X X 0 0 0 0 0 0 0 0 0 MARCUS F WALTON PRESIDENT & CEO 351614 0 0 0 0 0 0 0 35407 0 387021 0 0 0 MEGHAN DUFFY EXECUTIVE VICE PRESIDENT 228170 0 0 0 0 0 0 0 35057 0 263227 0 0 0 KRISTINA WERTZ VICE PRESIDENT, EXTERNAL AFFAIRS 180332 0 0 0 0 0 0 0 39725 0 220057 0 0 0 AKILAH MASSEY VICE PRESIDENT, PROGRAMS 179570 0 0 0 0 0 0 0 39732 0 219302 0 0 0 KELLY WISE DIRECTOR, PEOPLE & CULTURE 144116 0 0 0 0 0 0 0 37447 0 181563 0 0 0 J WING LI DIRECTOR OF OPERATIONS 136654 0 0 0 0 0 0 0 36635 0 173289 0 0 0 NICHOLE HOEFLICH DIRECTOR OF PROGRAMS 133057 0 0 0 0 0 0 0 21218 0 154275 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS TO BETTER REFLECT ITS NONPROFIT GOVERNANCE STRUCTURE AND DESIRED PROCEDURAL PRACTICES, TO BRING CERTAIN PROVISIONS INTO ALIGNMENT WITH THE ARTICLES OF INCORPORATION, AND TO MAKE TECHNICAL AND CLARIFYING REVISIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE AND AUDIT COMMITTEE REVIEWS THE 990. THE FORM 990 IS CIRCULATED TO THE FULL BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER, EXECUTIVE AND KEY EMPLOYEE IS REQUIRED TO REVIEW A COPY OF THE CONFLICT OF INTEREST POLICY AND TO ACKNOWLEDGE IN WRITING THAT HE OR SHE HAS DONE SO. EACH PERSON ANNUALLY COMPLETES A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT; EACH PERSON IS ALSO OBLIGATED TO IMMEDIATELY DISCLOSE ANY NEW CONFLICT THAT ARISES DURING THE YEAR AS NEW POSSIBLE CONFLICTS ARISE, THEY ARE DISCLOSED FOLLOWING FULL DISCLOSURE OF A POSSIBLE CONFLICT OF INTEREST, THE BOARD OF DIRECTORS SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS AND, IF SO THE BOARD SHALL VOTE TO AUTHORIZE OR REJECT THE TRANSACTION OR TAKE ANY OTHER ACTION DEEMED NECESSARY TO ADDRESS THE CONFLICT AND PROTECT THE ORGANIZATION'S BEST INTEREST. THIS POLICY IS REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF DIRECTORS. ANY CHANGES TO THE POLICY ARE COMMUNICATED INMEDIATELY TO ALL PERSONS SUBJECT TO THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 GRANTMAKERS FOR EFFECTIVE ORGANIZATIONS AMENDED ITS ARTICLES OF INCORPORATION TO REFLECT DEVELOPMENTS IN ITS GOVERNANCE PRACTICES. SIGNIFICANT CHANGES INCLUDED CLARIFYING ALL CATEGORIES OF MEMBERSHIP IN THE ORGANIZATION ARE NONVOTING; BROADENING THE DISSOLUTION CLAUSE TO PERMIT ASSETS TO BE DISTRIBUTED ON DISSOLUTION FOR ONE OR MORE INTERNAL REVENUE CODE SECTION 501(C)(3) EXEMPT PURPOSES, TO THE FEDERAL GOVERNMENT OR TO STATE OR LOCAL GOVERNMENT FOR A PUBLIC PURPOSE, AS DETERMINED BY THE BOARD OF DIRECTORS, IN ACCORDANCE WITH TREASURY REGULATION 1.501(C)(3)-1(B)(4); AND TO ADDRESS INDEMNIFICATION RIGHTS, LIABILITY INSURANCE, AND LIMITING THE PERSONAL LIABILITY OF OFFICERS AND DIRECTORS AS PERMITTED BY THE DISTRICT OF COLUMBIA NONPROFIT CORPORATION ACT. THE ORGANIZATION AMENDED ITS BYLAWS TO BETTER REFLECT ITS NONPROFIT GOVERNANCE STRUCTURE AND DESIRED PROCEDURAL PRACTICES, TO BRING CERTAIN PROVISIONS INTO ALIGNMENT WITH THE ARTICLES OF INCORPORATION, AND TO MAKE TECHNICAL AND CLARIFYING REVISIONS. A MARKET STUDY IS DONE EVERY FEW YEARS WITH COMPARABILITY DATA TO ENSURE MARKET COMPETITIVENESS FOR ALL POSITIONS. IN ADDITION, ALL EMPLOYEES ARE ELIGIBLE FOR RAISES IN LINE WITH THEIR GROWTH AND PERFORMANCE FOR THAT YEAR AT YEAR END. FORM 990, PART VI, SECTION C, LINE 19 GEO MAKES ITS BYLAWS AND AUDITED FINANCIAL STATEMENTS AVAILABLE THROUGH ITS OWN WEBSITE AND UPON REQUEST. GEO ALSO MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE THROUGH ANOTHER WEBSITE, WWW.GUIDESTAR.ORG. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 700,451. MANAGEMENT AND GENERAL EXPENSES 146,759. FUNDRAISING EXPENSES 7,125. TOTAL EXPENSES 854,335.