Global Cities Group
Nonprofit profile at a glance
- EIN
- 861603871
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 2123777450
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
- Affiliation
- Christianity
Reported finances
- Revenue
- $309,637
- Expenses
- $205,779
- Assets
- $122,268
- Liabilities
- $22,310
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- SCOTT CROSBY (CEO FOUNDER BOARD DIRECTOR)
Highest reported compensation
- SCOTT CROSBY (CEO FOUNDER BOARD DIRECTOR): $101,899 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization seeks to develop networks of thoughtful activist christians in the key industries, institutions, and cities that shape our culture.
What it reported doing in 2024
Our mission is to develop networks of thoughtful, active christians in the key industries and institutions that shape our culture. Our programs build industry networks of christians in these industries as well as create institutional engagement to build sustainability and plausibility for our change efforts. We work with thought leaders, commission research and writing, field grass-roots workers for causes and initiatives that support our goals, and build cross-institutional networks. We have hosted several network events in New York city in the finance and technology fields to draw them into the network program. From these events we identified network members and leaders and began to equip them to establish specific projects within these industries. In addition global cities has also pursued the development of networks within the arts and education industries resulting in nascent networks and proposed initiatives.
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 revenue has grown recently. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 47
- Transparency & Controls: 92
- Accountability: 55
- Sustainability: 51
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 40.2%; rating input score 40
- Program expense ratio: 60.5%; rating input score 61
- Fundraising efficiency: $8.96 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 66.7%; rating input score 67; 18th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 33.5%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 0.59; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.18; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 49.5%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: -14.8% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: 22.9% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 2.5% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 40.2% of revenue deployed · 60.5% of spending went to programs
- Governance: 2 of 3 board members independent · 3 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $125K in reported program spending
- Leadership: top reported pay $102K · 3 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 40/100.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 36/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- High — Sustainability: Officer compensation ratio scored 4/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.