Gems Development Foundation

Nonprofit profile at a glance

EIN
464879465
IRS 990-EZ coverage
2024–2025
Forms available
Form 990 2023, Form 990-EZ 2025
Location
Alexandria, VA, USA
Phone
2023295482
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$67,769
Expenses
$62,947
Assets
$27,019
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • SHARON EDWARDS (EXECUTIVE DIRECTOR)
  • DARRIN PETERSON (PRESIDENT)

People named in this filing

  • SHARON EDWARDS (EXECUTIVE DIRECTOR)
  • DARRIN PETERSON (PRESIDENT)
  • CHOLENE ESPINOZA MD (VP OF MEDICAL PROGRAMS)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Empowering hope. Cultivating opportunity: gems development foundation focuses on onnecting people in need with the resources that will make the most measurable impacts for ustainable financial security, foodsecurity, clean water, and medical care. Gems programs eliver long-term solutions that have been proven to work to support people and communities to become self-sustaining.

What it reported doing in 2025

Goats: gems provides goats and other livestock to people in the developing world to foster basic nutritional and economic sustainability and educates farmers on sustainable care and husbandry practices. One goat opens a world of survival and allows a family to have the safety net to pursue education and micro-business. Neighbors can work together to start small local dairies, creating sustainable businesses and breaking the cycle of hunger and extreme poverty. The organization has given out 4000 goats to returning slaves and indentured servants from the north, as well as to hungry families and teachers within twenty-five miles of the border of that area.

Operating model

Revenue model
Donor-supported. 100% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 100
  • Sustainability: 44
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.7%; rating input score 67
  • Program expense ratio: 71.8%; rating input score 72

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 7.1%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.43; rating input score 29; 29th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 19.1%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -36.3% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -22.1% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: -14.3% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 66.7% of revenue deployed · 71.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $45K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 29/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.