Nonprofit · EIN 54-1955545
BANCROFT GLOBAL DEVELOPMENT
Tax-exempt · WASHINGTON, DC 20006
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $21,309,341 | $29,732,886 | -$8,423,545 | $8,290,620 | $1,351,888 | $6,938,732 |
| December 31, 2023 | 990 | $61,418,581 | $60,056,469 | $1,362,112 | $19,894,382 | $2,763,074 | $17,131,308 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $18,965,158
- of which government grants
- $17,020,098
- Program service revenue
- $2,170,836
- Investment income
- -$96,331
- Net gain from sales of assets
- -$96,331
- Other revenue
- $269,678
Expenses
- Grants and similar amounts paid
- $9,906,326
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $517,811
- Salaries, compensation and benefits (total)
- $517,811
- Professional fundraising fees
- $0
- Legal fees
- $1,067
- Accounting fees
- $168,815
- Occupancy
- $3,459,538
- Travel
- $795,300
- Depreciation
- $81,353
- Program services (functional)
- $27,445,138
- Management and general (functional)
- $2,287,748
Balance sheet and other
- Total assets, start of year
- $19,894,382
- Total assets, end of year
- $8,290,620
- Total liabilities, end of year
- $1,351,888
- Net assets, end of year
- $6,938,732
- Land, buildings and equipment
- $455,332
- Net assets without donor restrictions
- $3,404,111
- Net assets with donor restrictions
- $3,534,621
- Gross receipts
- $21,405,672
- Employees
- 0
- Volunteers
- 3
- Year formed
- 1999
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gregory Joachim | Exec. Director/Secretary Trustee or director, Officer | 10 | $0 |
| Michael Stock | President/Treasurer Trustee or director, Officer | 10 | $0 |
| Alexander Krongard | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL STOCK | PRESIDENT/TREASURER Trustee or director | 10 | $0 |
| GREGORY JOACHIM | EXEC. DIRECTOR/SECRETARY Trustee or director, Officer | 10 | $0 |
| ALEXANDER KRONGARD | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 750 17TH ST NW STE 1100, WASHINGTON, DC 20006-4607
- Principal officer (990 for 2024)
- Michael Stock, 750 17th Street NW 1100, Washington, DC 20006
- Signed the 990
- Michael Stock, President/Treasurer
- Phone
- (888) 801-6777
- Website
- WWW.BANCROFTGLOBAL.ORG
- Return prepared by
- Forvis Mazars LLP
Mission
TO DELIVER PERMANENT SOLUTIONS TO THE ECONOMIC, ENVIRONMENTAL, AND SOCIETAL HARM CAUSED BY ARMED CONFLICT AND THE EXPLOSIVE REMNANTS OF WAR.
Program accomplishments
- Capacity Building: The Organization supports the African Union Transition Mission in Somalia (ATMIS) and Somali National Army (SNA) with professional education, to enable them to protect civilians and facilitate humanitarian assistance throughout Somalia. The Organization supports state and local law enforcement partners with professional education to improve the efficacy and efficiency of investigations and prosecutions and to foster public safety throughout Louisiana.Expenses $25,818,608 · grants $9,906,326 · revenue $682,500
- 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.Expenses $1,600,815 · revenue $1,488,336
- 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.Expenses $25,715
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1955545
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q41)
- Assets (IRS master file)
- $8,290,620
- Income (IRS master file)
- $21,405,672
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $21,309,341 | $29,732,886 | $8,290,620 | XML |
| 990 | December 2023 | $61,418,581 | $60,056,469 | $19,894,382 | XML |
| 990 | December 2022 | $189,000,727 | $179,916,093 | $53,710,745 | IRS |
| 990 | December 2021 | $21,220,867 | $19,084,555 | $14,569,475 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1955545).
Questions about BANCROFT GLOBAL DEVELOPMENT
- What is the EIN of BANCROFT GLOBAL DEVELOPMENT?
- The employer identification number (EIN) of BANCROFT GLOBAL DEVELOPMENT is 54-1955545.
- Is BANCROFT GLOBAL DEVELOPMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to BANCROFT GLOBAL DEVELOPMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BANCROFT GLOBAL DEVELOPMENT file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BANCROFT GLOBAL DEVELOPMENT due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BANCROFT GLOBAL DEVELOPMENT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BANCROFT GLOBAL DEVELOPMENT?
- The 990 for the year ended December 31, 2024 names Michael Stock.
- Who are the officers and directors of BANCROFT GLOBAL DEVELOPMENT?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does BANCROFT GLOBAL DEVELOPMENT have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $21,309,341, expenses of $29,732,886 and total assets of $8,290,620 at year end.
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