Bancroft Global Development
92% goes to programs $0 to raise $100
Bancroft Global Development is a 501(c)(3) organization based in Washington, District of Columbia, registered in 1999, with $21,309,341 in FY2024 revenue. CharityIndex grades it C+, and it directs about 92% of spending to programs.
750 17th St Nw Ste 1100, Washington, DC, 20006 EIN 54-1955545 Since 1999
Revenue (FY2024)
$21.3M
▼ 65.3% vs prior year
International median: $227K
Expenses (FY2024)
$29.7M
Net assets
$6.9M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating92% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Bancroft Global Development: 92% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating3 mo reserves · -40% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bancroft Global Development: 3 mo reserves · -40% margin earns a D on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Bancroft Global Development: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bancroft Global Development: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To deliver permanent solutions to the economic, environmental, and societal harm caused by armed conflict and the explosive remnants of war.
What they do
Medical services: the organization provides medical services, to include aeromedical evacuations and surgeries, in support of peacekeeping forces, united nations staff, and other authorized personnel within somalia, mali and yemen. additionally, the organization provides training and certification for military and civilian medical personnel in pre-hospital trauma life support, tactical combat casualty care, advanced cardiac life support, and other capabilities. the organization also provides medical staffing to hospitals and clinics in somalia, and in support of evacuation flights throughout africa and europe.
Humanitarian assistance (and protection of civilians, in extremis): the organization assists governments' efforts to aid citizens whose efforts to deliver aid to vulnerable populations has been interrupted by mortal dangers of landmines, improvised explosives and hostile nonstate actors.
Contact & location
- Address
- 750 17th St Nw Ste 1100, Washington, DC, 20006
- City
- Washington
- State
- District of Columbia
- Subcategory
- International Peace & Security
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $22.4M (FY2015) to $21.3M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.4MNet assets $6.9M
Operating margin
-39.5%
Spent more than it raised in the latest fiscal year.
Total assets
$8.3M
Total liabilities
$1.4M
Net assets
$6.9M
Salaries & benefits
$518K
2% of expenses
Board members
3
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $21,309,341▼65.3% | $29,732,886▼50.5% | $6,938,732▼59.5% | $8,290,620▼58.3% | 990 |
| 2023 | $61,418,581▼67.5% | $60,056,469▼66.6% | $17,131,308▼2.3% | $19,894,382▼63.0% | 990 |
| 2022 | $189,000,727▲791% | $179,916,093▲843% | $17,538,227▲71.6% | $53,710,745▲269% | 990 |
| 2021 | $21,220,867▲25.5% | $19,084,555▲5.4% | $10,222,624▲638% | $14,569,475▲257% | 990 |
| 2020 | $16,909,929▼32.2% | $18,113,082▼32.4% | $1,385,697▼46.5% | $4,075,756▲7.1% | 990 |
| 2019 | $24,942,820▼15.8% | $26,803,453▼9.6% | $2,588,850▼41.8% | $3,805,080▼27.8% | 990 |
| 2018 | $29,638,254▲49.2% | $29,636,699▲38.0% | $4,449,483▼0.3% | $5,267,204▼4.2% | 990 |
| 2017 | $19,867,839▼7.5% | $21,479,755▼7.4% | $4,463,354▼22.3% | $5,497,645▼19.1% | 990 |
| 2016 | $21,489,489▼4.2% | $23,185,068▲3.8% | $5,745,945▼26.1% | $6,792,758▼21.1% | 990 |
| 2015 | $22,422,688 | $22,327,425 | $7,770,849 | $8,606,603 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Alexander Krongard | Board Member | 1 | — |
| Gregory Joachim | Exec. Director/secretary | 10 | — |
| Michael Stock | President/treasurer | 10 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Nomad Aviation | Air Transport Services | $7,980,757 |
| Bancroft Global Management | Mgmt & Personnel Services | $2,751,905 |
| African Skies Limited | Security & Operational Support | $264,820 |
| Tranquility Cybersecurity International | Law Enforcement Consulting | $144,463 |
| Motorola Solutions Uk Limited | Telecommunications Services | $123,237 |
Grants received · $1.4M total
3 grants to Bancroft Global Development totaling $1.4M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Boston Foundation Inc | Emergency support | 2021 | $1,000,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $200,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $200,000 |
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Frequently asked questions
- Is Bancroft Global Development a legitimate nonprofit?
- Yes. Bancroft Global Development is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1955545, based in Washington, District of Columbia. Donations are tax-deductible.
- What is Bancroft Global Development's EIN?
- Bancroft Global Development's Employer Identification Number (EIN) is 54-1955545.
- How much revenue does Bancroft Global Development report?
- Bancroft Global Development reported $21,309,341 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Bancroft Global Development's spending goes to programs?
- Bancroft Global Development spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Bancroft Global Development have?
- CharityIndex grades Bancroft Global Development C+, based on program efficiency and fundraising cost.
- How much does Bancroft Global Development's highest-paid employee make?
- The highest reported compensation on Bancroft Global Development's latest Form 990 is $0, paid to Alexander Krongard (Board Member).
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Data for Bancroft Global Development (EIN 54-1955545) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.