GLOBAL ENTREPRENEURSHIP RESEARCH ASSOCIATION
The advancement of research and associated educational initiatives in the field of entrepreneurship practice and policy development.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £209,075 for the year ended 31 December 2024, with unrestricted reserves increasing to £1,208,494. Per the trustees' report, these reserves are 129% of forecast core operational expenditure, exceeding the stated policy target of maintaining reserves equivalent to two years of operations. The directors consider the financial situation very healthy with no material uncertainties regarding going concern.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Anna Tarnawa
- DR NIELS BOSMSA
- Dr Ana Fernandez Laviada
- Dr Christian Friedl
- Professor Jeff Shay
- Rico Baldegger
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £730k | £521k |
| 31/12/2023 | £694k | £575k |
| 31/12/2022 | £750k | £559k |
| 31/12/2021 | £576k | £466k |
| 31/12/2020 | £458k | £720k |
Common questions
Is GLOBAL ENTREPRENEURSHIP RESEARCH ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £209,075 for the year ended 31 December 2024, with unrestricted reserves increasing to £1,208,494. Per the trustees' report, these reserves are 129% of forecast core operational expenditure, exceeding the stated policy target of maintaining reserves equivalent to two years of operations. The directors consider the financial situation very healthy with no material uncertainties regarding going concern. Its FY2024 accounts were audited by BDO LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Founders Pledge Ltd | 1 | £6.5m |
| EFFECTIVE VENTURES FOUNDATION | 1 | £1.0m |
| THE JANE GOODALL INSTITUTE (UK) | 1 | £138k |
| BAREFOOT COLLEGE INTERNATIONAL UK | 1 | £60k |
Charities like this
- THE SOCIAL RESEARCH ASSOCIATION
- BUSINESS EDUCATION PARTNERSHIP (UK) LTD
- BRITISH EDUCATIONAL RESEARCH ASSOCIATION
- INTERNATIONAL SCHOOLS OF BUSINESS MANAGEMENT LIMITED
- CHARITY ENTREPRENEURSHIP
- TRAINING AND RESEARCH GLOBAL EDUCATION TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GLOBAL ENTREPRENEURSHIP RESEARCH ASSOCIATION | £730k | — | 0 | unclear | — | no doubt |
| THE SOCIAL RESEARCH ASSOCIATION | £690k | — | 0 | above | — | no doubt |
| BUSINESS EDUCATION PARTNERSHIP (UK) LTD | £1.9m | — | 0 | below | — | no doubt |
| BRITISH EDUCATIONAL RESEARCH ASSOCIATION | £2.0m | £100,001 - £110,000 | — | above | — | no doubt |
| INTERNATIONAL SCHOOLS OF BUSINESS MANAGEMENT LIMITED | £479k | — | 0 | above | — | no doubt |
| CHARITY ENTREPRENEURSHIP | £4.3m | — | 0 | above | — | no doubt |