Global Impact Investing Network Inc

Nonprofit profile at a glance

EIN
273166994
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-N 2015
Location
New York, NY, USA
Phone
6468377430
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Philanthropy, Charity, Voluntarism Promotion

Reported finances

Revenue
$10,530,685
Expenses
$12,960,061
Assets
$12,722,147
Liabilities
$3,640,863

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

Leadership & pay

19 people listed

Executive titles in this filing

  • AMIT BOURI (CEO)
  • SAPNA SHAH (PRESIDENT)

Highest reported compensation

  • AMIT BOURI (CEO): $404,385 total reported compensation
  • SAPNA SHAH (PRESIDENT): $287,261 total reported compensation
  • SEAN GILBERT (CHIEF INVESTOR NETWORK OFFICER): $254,988 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 impact investing network, inc. Is dedicated to increasing the scale and effectiveness of impact investing to solve systemic problems facing people and the planet. Impact investments are investments made into companies, organizations, and funds with the intention to generate social and environmental impact alongside a financial return. The giin builds critical infrastructure and supports activities, education, and research that help accelerate the development of a coherent impact investing industry.

What it reported doing in 2024

Other program services include the following: iris & impact measurement and management: the giin works to enable sound practice in impact measurement and management by managing iris +, a catalog of generally accepted performance metrics that impact investors can use to measure social and environmental success. The giin also develops resources for impact investors seeking to build or strengthen their impact measurement strategy.capital mobilization: the giin's capital mobilization program aims to inspire asset owners to voluntarily integrate impact investing into their portfolio in a systematic manner. To do this, the program builds the case for impact investing and develops knowledge resources (e.g., guides, briefs, etc.) to help interested investors learn how to develop an integrated approach to impact investing. The program engages asset owners, globally, providing resources and educational opportunities. Training: the giin's training program is responsible for creating a global educational curriculum that drives professional impact investment practice excellence. Operating principles for impact management: launched in 2019, the operating principles for impact management offers a framework for the design and implementation of impact management systems, ensuring that impact considerations can be voluntarily integrated throughout the investment lifecycle (the impact principles). In 2022, the giin became the host of the impact principles.

Operating model

Revenue model
Earned-program. 78% of the money available for current operations came from fees and other program revenue.
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 - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 48
  • Accountability: 93
  • Sustainability: 18
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.5%; rating input score 90
  • Program expense ratio: 73.3%; rating input score 73
  • Fundraising efficiency: $2.4 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 14th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 0%; rating input score 0; 4th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 87.5%; rating input score 88; 20th 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: -23.1%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.29; rating input score 48; 48th percentile among comparable filings
  • Officer compensation ratio: 20.4%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 11.1% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: 10.4% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 9.3% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 90.5% of revenue deployed · 73.3% of spending went to programs
  • Governance: 7 of 8 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $9.5M in reported program spending
  • Leadership: top reported pay $404K · 19 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $959K reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 6 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 8/100.
  • High — Sustainability: Operating margin scored 4/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 48/100.