Dkt International Inc
- Assets
- $341.9m
- Revenue
- $173.4m
- Investments
- $114.5m
- Employees
- 28
- Location
- Washington, DC
- Founding
- 01/1985
- Data as of
- 12/2023
- EIN
- 58-1593137
Organization Overview
Dkt International Inc is located in Washington, DC. The organization was established in 1985. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Dkt International Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dkt International Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Dkt International Inc generated $173.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $153.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AFFORDABLE AND SAFE OPTIONS FOR FAMILY PLANNING AND HIV/AIDS PREVENTION.
Describe the Organization's Program Activity:
DKT IS ONE OF THE LARGEST PRIVATE PROVIDERS OF FAMILY PLANNING AND REPRODUCTIVE HEALTH PRODUCTS AND SERVICES IN THE DEVELOPING WORLD, SERVING 64.1 MILLION COUPLES IN 2023, AND PREVENTING 16.8 MILLION UNWANTED PREGNANCIES, 16.9 MILLION UNSAFE ABORTIONS AND 33,000 MATERNAL DEATHS.DKT SOCIALLY MARKETS A RANGE OF CONTRACEPTIVE PRODUCTS INCLUDING CONDOMS, ORAL CONTRACEPTIVE PILLS, AND LONGER LASTING METHODS LIKE IMPLANTS AND INTRA UTERINE DEVICES (IUDS) IN OVER 100 COUNTRIES. DKT IMPROVES THE AVAILABILITY, ACCESSIBILITY, AND AFFORDABILITY OF MODERN CONTRACEPTIVES BY LEVERAGING THE PRIVATE SECTOR TO DISTRIBUTE PRODUCTS BROADLY. (SEE SCHEDULE O)DKT EXECUTES MARKETING AND PROMOTION CAMPAIGNS TO EDUCATE THE PUBLIC ABOUT THE BENEFITS OF MODERN CONTRACEPTION. TO IMPROVE AVAILABILITY, DKT BUILDS THE CAPACITY OF MEDICAL PROVIDERS TO DISPENSE THESE PRODUCTS SAFELY AND COMPETENTLY. IN SEVERAL COUNTRIES, DKT'S SOCIAL FRANCHISES OFFER CONTRACEPTIVE PRODUCTS AND SERVICES AT SUBSIDIZED RATES IN ORDER TO DIRECTLY INCREASE ACCESS AND AVAILABILITY. FOUNDED IN 1984, DKT HAS BEEN A LEADER IN DYNAMIC FAMILY PLANNING PROGRAMMING FOR OVER 30 YEARS. IN 2023, DKT PROVIDED AND SOLD 949.6 MILLION CONDOMS, 120.0 MILLION ORAL CONTRACEPTIVES, 28.6 MILLION EMERGENCY CONTRACEPTIVES, 33.0 MILLION INJECTABLE CONTRACEPTIVES, 5.4 MILLION IUDS, 1.8 MILLION HORMONAL IMPLANTS, 2.3 MILLION CONTRACEPTIVE SUPPOSITORIES, 6.0 MILLION MEDICAL ABORTION COMBINATION PACKS, 25.9 MILLION MISOPROSTOL PILLS, 271,900 MANUAL VACUUM ASPIRATION KITS, 2.1 MILLION CANNULE AND 58,600 TUBAL LIGATIONS AND VASECTOMIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher H Purdy Pres/ceo/dir; Chairman Thru 4/2023 | OfficerTrustee | 40 | $777,616 |
Julie Stewart Director; Chairman From 4/2023 | OfficerTrustee | 0.25 | $0 |
Robert L Ciszewski Vice President Thru 4/2023 | OfficerTrustee | 0.25 | $0 |
Carlos Garcia Director | Trustee | 0.25 | $0 |
Karen Pak Oppenheimer Director From 5/2023 | Trustee | 0.25 | $0 |
Mathew Reeves Director | Trustee | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grant Thornton Llp Auditing And Tax Services | 12/30/23 | $366,999 |
Sourcefit Inc Accounting Services | 12/30/23 | $168,521 |
Nas Consulting Llc Dba People Wise Hr Consulting Services | 12/30/23 | $102,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,033,575 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,810,567 |
| Noncash contributions included in lines 1a–1f | $1,000,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,844,142 |
| Total Program Service Revenue | $7,126,990 |
| Investment income | $2,585,671 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,442,229 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $106,978,590 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $173,389,800 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,050,566 |
| Compensation of current officers, directors, key employees. | $1,996,633 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,595,753 |
| Pension plan accruals and contributions | $700,462 |
| Other employee benefits | $6,272,843 |
| Payroll taxes | $3,349,713 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,010,376 |
| Fees for services: Accounting | $1,381,949 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,656,169 |
| Advertising and promotion | $35,511,109 |
| Office expenses | $3,072,578 |
| Information technology | $1,610,500 |
| Royalties | $0 |
| Occupancy | $9,466,132 |
| Travel | $9,941,498 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,432,547 |
| Interest | $1,432,550 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,098,944 |
| Insurance | $0 |
| All other expenses | $2,397,616 |
| Total functional expenses | $153,102,431 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,140,217 |
| Savings and temporary cash investments | $3,758,294 |
| Pledges and grants receivable | $4,381,952 |
| Accounts receivable, net | $49,340,417 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $67,728,270 |
| Prepaid expenses and deferred charges | $14,350,548 |
| Net Land, buildings, and equipment | $7,404,982 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $114,532,105 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,218,267 |
| Total assets | $341,855,052 |
| Accounts payable and accrued expenses | $88,580,317 |
| Grants payable | $0 |
| Deferred revenue | $7,264,866 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $5,193,129 |
| Other liabilities | $172,350 |
| Total liabilities | $101,210,662 |
| Net assets without donor restrictions | $228,461,661 |
| Net assets with donor restrictions | $12,182,729 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $341,855,052 |