GRAND CIRCLE FOUNDATION INC
Mission Statement
Our Mission Grand Circle Foundation will help change people's lives in the world we travel and where we live and work. To this end, we are committed to: - Identifying and developing strong gutsy leaders who create social change and economic opportunity through their courage, passion, example, unbridled energy, and vision - Listening to and partnering with strong gutsy leaders in the villages where we travel, live, and work to create jobs, improve school performance, support small businesses, and promote the health and safety of citizens - Bringing together in dialogue and action our associates, travelers, travel partners, and gutsy leaders around a shared set of values and goals to create change For the leaders we develop, the villages we support, and the travelers who join us on the road, at Grand Circle Foundation, we are traveling for change.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
99.8% | 90.9% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
11.6 mo | 80.9 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
4.3% | 0.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.9% | 89.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-17.8% | 21.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-25.7% | 9.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-16.0% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.9M | $2.3M | $2.2M | 99.8% | — |
| 2023 | $2.4M | $3.0M | $2.5M | 98.2% | — |
| 2022 | $3.8M | $2.7M | $3.4M | 100.0% | — |
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