Global Fund for a New Economy Inc
Nonprofit profile at a glance
- EIN
- 991955874
- IRS 990 coverage
- 2024–2025
- Forms available
- Form 990 2025
- Location
- Alameda, CA, USA
- Phone
- 8778295500
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Research Institutes and Public Policy Analysis
Reported finances
- Revenue
- $17,875,325
- Expenses
- $7,506,748
- Assets
- $12,895,734
- Liabilities
- $2,275,671
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- BRIAN KETTENRING (CO-PRESIDENT)
- ADRIANA ABDENUR (CO-PRESIDENT)
Highest reported compensation
- SAMANTHA BASTIAN (CHIEF OPERATING OFFICER): $216,414 total reported compensation
- ADRIANA ABDENUR (CO-PRESIDENT): $63,860 total reported compensation
- BRIAN KETTENRING (CO-PRESIDENT): $57,866 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to support the social infrastructure needed to turn new economic thinking into real-world policy and practice: the networks of institutions, relationships, and shared norms that enable people to organize, build power, and translate ideas into action. They include think tanks, civil society alliances, communications platforms, academic centers, and the connective tissue between them. These are the foundations that help new economic thinking gain traction in public debates, policymaking spaces, and global forums.
What it reported doing in 2025
Convening and developing networks
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 47% for direct work, and 53% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 50
- Transparency & Controls: 82
- Accountability: 56
- Sustainability: 71
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 31.6%; rating input score 32
- Program expense ratio: 75.2%; rating input score 75
- Fundraising efficiency: $34.5 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: 1 of 8 controls in place; rating input score 12
- Claims monitoring procedures: Pass
- Requires narrative reports: Limited
- Conducts field audits: Limited
- May suspend future funding: Limited
- Requires financial reports: Limited
- Conducts site visits: Limited
- Requires grant agreements: Limited
- May require repayment: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 25%; rating input score 25; 6th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- 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%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 1.72; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.18; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 4.5%; rating input score 61; 61st percentile among comparable filings
Growth
- Program expense growth: 186.4% per year; rating input score 100; 100th percentile among comparable filings
- Revenue growth: 189.1% per year; rating input score 100; 100th percentile among comparable filings
- Asset growth: 191.6% per year; rating input score 100; 100th percentile among comparable filings
Details
- Where the money goes: 31.6% of revenue deployed · 75.2% of spending went to programs
- Governance: 1 of 4 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $5.6M in reported program spending
- Leadership: top reported pay $216K · 5 people listed · 6 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $150K reported
- Consistency: 32 of 32 current checks pass
- Schedules: 8 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Money network: 20 filed money-flow records
- Related organizations: 15 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 32/100.
- High — Accountability: Independent voting board scored 25/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.