NonprofitsGrowth Teams Inc

International, Foreign Affairs & National Security

Growth Teams Inc

CLAYMONT, DE

Total revenue

$306K

Total expenses

$353K

Net assets

$151K

Grants received

$468K

4 grants

EIN

881985456

Tax year

2024

Mission

To facilitate governments to problem solve for economic growth, to support developing country governments to translate on-paper research and policy ideas into real action.

Programs

1 program

Growth summit - growth teams organized the growth summit, a 2-day event for 100+ policymakers, academics, practitioners, and funders to reassert economic growth as a central pillar of the development agenda. We transferred $55,067.94 to the center for global development, a co-organizer, for event expenses incurred.

Expenses: $80K

Financials

FY 2024

Revenue

Contributions & grants$244K
Program service revenue$56K
Investment income$5K
Other revenue
Total revenue$306K

Expenses

Grants paid
Salaries & benefits$147K
Fundraising
Other expenses$206K
Total expenses$353K
Total assets$151K
Net assets$151K

People

3 listed

NameRoleCompensation

KARTIK AKILESWARAN

PRESIDENT AND SECRETARY

Board

$68K

40 hrs/wk

JONATHAN MAZUMDAR

VICE PRESIDENT AND TREASURER

Board

$68K

40 hrs/wk

SACHIN GATHANI

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$143K
International Development
2024
$100K
RELIEF TO THE POOR
2024
$150K
TO APPLY GROWTH DIAGNOSTICS TO ACCELERATE INCLUSIVE ECONOMIC GROWTH FOR 650 MILLION INDIANS LIVING IN POVERTY.
2022
$75K
SUPPORT FOR ECONOMIC DEVELOPMENT WORK IN RAWANDA
2021

Funded by

$468K from 4 funders · 4 grants · 2021–2024

The Eric And Wendy Schmidt Fund For

$150K · 1 grant · 2022

Silicon Valley Community Foundation

$143K · 1 grant · 2024

Mulago Foundation

$100K · 1 grant · 2024

Details

EIN881985456
NTEE codeQ30
Subsection03
Ruling date2022-05
Formed2022
Employees2
Volunteers3
GROWTH TEAMS INC — Mission, Financials & Grants Received | Grantivo