2025-11-20T08:13:43+00:00 2024-12-31 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2024-01-01 541955545 BANCROFT GLOBAL DEVELOPMENT BANC 8888016777 750 17th Street NW 1100 Washington DC 20006 Michael Stock President/Treasurer 8888016777 2025-11-20 true true Amy Bibby P00445891 8282542254 2025-11-20 2024 2025-03-06 01:10:19Z Michael Stock 750 17th Street NW 1100 Washington DC 20006 21405672 false X WWW.BANCROFTGLOBAL.ORG X 1999 VA TO DELIVER PERMANENT SOLUTIONS TO THE ECONOMIC, ENVIRONMENTAL, AND SOCIETAL HARM CAUSED BY ARMED CONFLICT AND THE EXPLOSIVE REMNANTS OF WAR. 3 3 0 3 0 18133018 18965158 43229980 2170836 -70220 -96331 125803 269678 61418581 21309341 3738522 9906326 0 0 439784 517811 0 0 0 55878163 19308749 60056469 29732886 1362112 -8423545 19894382 8290620 2763074 1351888 17131308 6938732 TO DELIVER PERMANENT SOLUTIONS TO THE ECONOMIC, ENVIRONMENTAL, AND SOCIETAL HARM CAUSED BY ARMED CONFLICT AND THE EXPLOSIVE REMNANTS OF WAR. false false 25818608 9906326 682500 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. 1600815 1488336 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. 25715 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. 27445138 true true false false false false false false false false true false false false false true true false false true true true false false false false false false false false false false false false false false false false false true false false false false false false false false false false true X 8 0 true 0 false true CT false false false false false false false false false false X 3 3 false true false false false false false true false false false false true true true true true true false false false false DC VA X Bancroft Global Management 8888016777 750 17th Street NW Suite 1100 Washington DC 20006 X Gregory Joachim Exec. Director/Secretary 10.0 X X 0 0 0 Michael Stock President/Treasurer 10.0 X X 0 0 0 Alexander Krongard Board Member 1.0 X 0 0 0 0 0 0 0 false false false NOMAD AVIATION LINDENSTRASSE 23 CH-8302 KLOTEN ZURICHKLOTEN WZ AIR TRANSPORT SERVICES 7980757 BANCROFT GLOBAL MANAGEMENT 750 17TH STREET NORTHWEST SUITE 110 Washington DC 20006 MGMT & PERSONNEL SERVICES 2751905 AFRICAN SKIES LIMITED PLOT 256 KIWUKU KAMPALA UG SECURITY & OPERATIONAL SUPPORT 264820 TRANQUILITY CYBERSECURITY INTERNATIONAL 320 MAIN STREET SUITE 2A Laurel MD 20707 LAW ENFORCEMENT CONSULTING 144463 Motorola Solutions UK Limited 160 Victoria Street Nova South UK SW1E5LB Telecommunications Services 123237 34 17020098 1945060 18965158 Program Service Revenue 900099 2170836 2170836 0 0 0 0 2170836 0 0 96331 0 -96331 -96331 -96331 Miscellaneous Revenue 900099 269678 269678 0 0 0 0 269678 21309341 2170836 0 173347 X 0 0 0 0 9906326 9906326 0 0 0 0 0 0 0 0 0 0 517811 517811 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1067 1067 0 0 168815 0 168815 0 0 0 0 0 0 0 0 0 0 0 11857929 9821165 2036764 0 0 0 0 0 94834 83973 10861 0 189885 145962 43923 0 0 0 0 0 3459538 3459538 0 0 795300 778279 17021 0 0 0 0 0 84706 79340 5366 0 0 0 0 0 0 0 0 0 81353 81353 0 0 567000 563422 3578 0 Other Project Operations 1977290 1977290 Licensing and Fees 29695 29612 83 Grants and Assistance 1337 1337 0 0 0 0 29732886 27445138 2287748 0 0 0 0 0 11232666 3169527 7831476 4320140 1870 223889 0 0 0 0 1913 15000 56800 15400 198937 76332 844288 388956 521389 455332 0 0 49331 15000 19894382 8290620 2763074 1351888 0 0 0 0 2763074 1351888 X 11889978 3404111 5241330 3534621 17131308 6938732 19894382 8290620 -8423545 -1769031 0 X false true true true true X 16909866 20940970 17737067 18133018 18965158 92686079 0 0 16909866 20940970 17737067 18133018 18965158 92686079 3143726 89542353 63 63 0 0 500479 86716 125803 269678 982676 93668818 216577760 0.95595 0.96215 X Schedule A, Part II, Line 10 EXPLANATION FOR OTHER INCOME 2021 AMOUNT: $ 500,479 2022 AMOUNT: $ 86,716 2023 AMOUNT: $ 125,803 2024 AMOUNT: $ 269,678 Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - , COLUMN B - 500479.0, COLUMN C - 86716.0, COLUMN D - 125803.0, COLUMN E - 269678.0, COLUMN F - 982676.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 375918 173182 202736 468370 215774 252596 455332 0 X 21309341 0 0 0 0 0 21309341 0 0 0 21309341 31501917 1769031 0 0 0 1769031 29732886 0 0 0 29732886 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Organization is exempt from Federal income tax under Section 501(a) of the Internal Revenue Code ("IRC"), as an organization described in IRC Section 501(c)(3). Accordingly, no provision for income taxes has been made in the accompanying financial statements. The Organization is not a private foundation. true Middle East and North Africa 1 4 Program Services Medical Services 508315 Russia and Neighboring States 1 8 Program Services HUMANITARIAN AID IN UKRAINE 1164466 Sub-Saharan Africa 2 163 Program Services CAPACITY BUILDING, MEDICAL SERVICES 21806928 Russia and Neighboring States 0 0 Grantmaking 193800 Sub-Saharan Africa 0 0 Grantmaking 7444884 4 175 0 0 4 175 31118393 0 31118393 Russia and Neighboring States Material support to increase capacity of security sector institutions. 205725 Daily mentoring, vehicle repair services, telecommunications and IT services, administrative staff, office supplies and related core infrastructure. Cost Sub-Saharan Africa Material support to better perform its humanitarian assistance role in the African Union Support and Stabilization Mission in Somalia (AUSSOM) in accordance with UN Security Council resolutions 61383 Daily mentoring, vehicle repair services, telecommunications and IT services, administrative staff, office supplies and related core infrastructure. Cost Sub-Saharan Africa Material support to increase capacity of security sector institutions. 7371576 Providing aviation support, daily mentoring, vehicle repair services, telecommunications and IT services, administrative staff, office supplies and related core infrastructure. Cost 3 0 false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds MATERIAL SUPPORT IS PROVIDED TO PROTEGE ORGANIZATIONS SO THEY CAN RETAIN THE BENEFITS OF EDUCATIONAL AND HUMANITARIAN ASSISTANCE. BANCROFT PERSONNEL INTERACT ON A DAILY BASIS WITH THE RECIPIENTS OF ASSISTANCE. THEY ARE THEREFORE ABLE TO VERIFY SATISFACTORY DELIVERY OF GOODS AND SERVICES THROUGH DIRECT OBSERVATION AND DOCUMENT THE USE OF MATERIAL SUPPORT VIA REGULAR REPORTING TO DONORS. BANCROFT HIRES INDEPENDENT EXTERNAL EVALUATORS TO ASSESS ITS MONITORING PROCEDURES AS WELL AS THE POSITIVE IMPACT OF THE ASSISTANCE ON THE FUNCTIONALITY OF RECIPIENT ORGANIZATIONS. ADDITIONALLY, BANCROFT ENGAGES A THIRD PARTY FIRM TO CONDUCT AN ANNUAL AUDIT IN ACCORDANCE WITH FEDERAL REGULATIONS AND UNDERGOES PERIODIC PROGRAM EVALUATIONS BY US GOVERNMENT FUNDING ORGANIZATIONS. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements MIDDLE EAST AND NORTH AFRICA-Accrual; RUSSIA AND NEIGHBORING STATES-Accrual; SUB-SAHARAN AFRICA-Accrual Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements RUSSIA AND NEIGHBORING STATES-Accrual; SUB-SAHARAN AFRICA-Accrual Bancroft Global Management See Part V 2961519 PURCHASE OF MANAGEMENT SERVICES, INCLUDING STAFFING AND OFFICES false Schedule L, Part IV, Column (b) Schedule L, Part IV, Line 1, Column (b) BOARD MEMBER SOLD THIS ENTITY IN 2021 TO A FOREIGN COMPANY ON THE CONDITION THAT BUYER CONVERTS FORM TO A NONSTOCK, NONPROFIT CHARITABLE ORGANIZATION. Schedule L, Part II, Column (b) Schedule L, Part IV, Line 2, Column (b) BOARD MEMBER SOLD THIS ENTITY IN 2021 TO A FOREIGN COMPANY ON THE CONDITION THAT BUYER CONVERTS FORM TO A NONSTOCK, NONPROFIT CHARITABLE ORGANIZATION. Schedule L, Part IV, Column (b) Schedule L, Part IV, Line 3, Column (b) BOARD MEMBER SOLD THIS ENTITY IN 2021 TO A FOREIGN COMPANY ON THE CONDITION THAT BUYER CONVERTS FORM TO A NONSTOCK, NONPROFIT CHARITABLE ORGANIZATION. Form 990, Part VI, Line 3 Delegation of management duties ALL PERSONNEL ARE PERMANENT EMPLOYEES OF BANCROFT GLOBAL MANAGEMENT, LLC (BGM). BGM PROVIDES EXECUTIVE STAFFING AND MANAGERIAL SERVICES TO BANCROFT GLOBAL DEVELOPMENT (BGD). DURING THE YEAR IN QUESTION, THE FOLLOWING PERSONS REPORTED ON PART VII-A RECEIVED COMPENSATION FROM BGM FOR SERVICES PROVIDED TO BGD IN THE FOLLOWING AMOUNTS: GREG JOACHIM - $400,597 Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body NO PERSONS OR COMMITTEES EXIST WITH THE POWER TO ACT ON BEHALF OF THE BOARD. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE ORGANIZATION'S OFFICERS. FOR COMPLETENESS AND ACCURACY, A COPY OF THE 990 WAS PROVIDED TO THE FULL BOARD BEFORE IT WAS FILED WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION REQUIRES WRITTEN UPDATE OF DISCLOSURES FROM ITS OFFICERS AND DIRECTORS ON AN ANNUAL BASIS. IN ACCORDANCE WITH BANCROFT PROCUREMENT POLICY, INTERESTED PARTIES ARE OBLIGATED TO OFFER RECUSAL FROM RELEVANT MANAGEMENT DECISIONS, WHICH THE UNAFFECTED BANCROFT BOARD MEMBERS MUST ACCEPT PRIOR TO MAKING FINAL DECISIONS. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g Other Fees BGM PROFESSIONALS - Total Expense: 2772988, Program Service Expense: 736224, Management and General Expenses: 2036764, Fundraising Expenses: ; OTHER CONTRACTORS - Total Expense: 9084941, Program Service Expense: 9084941, Management and General Expenses: , Fundraising Expenses: ; During the 2024 tax period, the organization was undergoing changes in CPA firms managing their account. During this time period, no extension was filed as it took time to go through the review and approval process for obtaining a new CPA firm to handle the account. The organization and new CPA firm now have the policies and procedures in place to provide timely filings. Bancroft Global Development has a history of timely filings and has always filed a timely Form 990 up to this point. We respectfully ask that the penalty and interest charges for late filing not be assessed for 2024.