Gdi-solutions Inc

Nonprofit profile at a glance

EIN
881343562
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-N 2022
Location
Washington, DC, USA
Phone
2029877700
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.

Reported finances

Revenue
$1,848,994
Expenses
$1,196,700
Assets
$7,862,605
Liabilities
$6,636,039

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • ANDREW STERN (BOARD DIRECTOR, CEO - GDI)
  • STEVEN BERGEN (CEO, ASSOCIATE DIR. - GDI)

Highest reported compensation

  • ANDREW STERN (BOARD DIRECTOR, CEO - GDI): $255,877 total reported compensation
  • ELIZABETH VANDERWOUDE (CFO/TREASURER): $218,600 total reported compensation
  • STEVEN BERGEN (CEO, ASSOCIATE DIR. - GDI): $188,777 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Gdi-solutions, inc. Provides strategic, operational, programmatic, and implementation support services to build startups and partnerships driving social impact around the world.

What it reported doing in 2024

Hosting services. Gdi solutions offers model a fiscal sponsorship (or comprehensive fiscal sponsorship) to mid-stage global initiatives that are not legally incorporated and seek a mission-aligned host and partner to support their operational, finance, and hr needs. Outsourcing these critical operational roles to gdi solutions ensures that initiatives have a dedicated team with experience overcoming the day-to-day complexities that a social impact initiative with global reach and operations in lmics can face.

Operating model

Revenue model
Donor-supported. 64% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - Most voting board members are independent and program spending has grown recently. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 44
  • Accountability: 76
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.1%; rating input score 59
  • Program expense ratio: 78.1%; rating input score 78
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 75%; rating input score 75; 16th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 35.3%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 6.57; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0.84; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 6.6%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 115.2% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 76.5% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 4.5% per year; rating input score 100; 36th percentile among comparable filings

Details

  • Where the money goes: 59.1% of revenue deployed · 78.1% of spending went to programs
  • Governance: 3 of 4 board members independent · 7 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $934K in reported program spending
  • Leadership: top reported pay $256K · 6 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $389K reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 7 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: 4 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 59/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.