Global Compact Network USA Inc

Nonprofit profile at a glance

EIN
471590003
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-N 2014
Location
New York, NY, USA
Phone
9292158815
Rating
63
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Promotion of International Understanding

Official website

Reported finances

Revenue
$2,035,166
Expenses
$3,231,240
Assets
$3,056,807
Liabilities
$2,112,071

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

Leadership & pay

18 people listed

Executive titles in this filing

  • ADAM ROY GORDON (EXECUTIVE DIRECTOR (THROUGH JUNE 2024))
  • RICHARD W PEARL (EXECUTIVE DIRECTOR (AS OF JUNE 2024))

Highest reported compensation

  • ADAM ROY GORDON (EXECUTIVE DIRECTOR (THROUGH JUNE 2024)): $299,286 total reported compensation
  • RICHARD W PEARL (EXECUTIVE DIRECTOR (AS OF JUNE 2024)): $285,000 total reported compensation
  • CLAUDIA HERBERT COLFER (HEAD OF PROGRAMMING): $168,945 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 global compact network USA is a forum designed to bring us-based companies and us-based units of foreign companies that are signatories to the united nations global compact together with stakeholders from the public sector, civil society, labor, academia, and other spheres in order to advance the principles of the united nations global compact.

What it reported doing in 2024

Global Compact Network USA organized virtual and in-person events convening corporate sustainability leaders, civil society organizations, and United Nations representatives. These multi-stakeholder forums promoted awareness and the sharing of best practices related to the UN Global Compact's Ten Principles, the United Nations Sustainable Development goals, and topics such as gender equality and climate action.

Operating model

Revenue model
Donor-supported. 98% 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 most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 41
  • Transparency & Controls: 79
  • Accountability: 84
  • Sustainability: 13
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 51.7%; rating input score 52
  • Program expense ratio: 32%; rating input score 32
  • Fundraising efficiency: $3.62 raised per $1 spent on fundraising; rating input score 11; 11th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -58.8%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.95; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.69; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 34.9%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 26.1% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 22.5% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 31.5% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 51.7% of revenue deployed · 32% of spending went to programs
  • Governance: 12 of 12 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1M in reported program spending
  • Leadership: top reported pay $299K · 18 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $204K reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 52/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 32/100.
  • High — Financial Efficiency: Fundraising efficiency scored 11/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Sustainability: Operating margin scored 2/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.