International Consortium for Executive Development Research Inc

“Expenses supplies 109 insurance 2,304 program project expenses 14,802 filing fees 135 non-investment depreciation 329 total 17,679”

“The organization dissolved as of june 30, 2022 and there were no remaining net assets as of that date. Additionally, operations ceased and there was no further business activity after that date other than the processing and payment of three checks related to fy 2022. The three checks written subsequent to june 30, 2022 and relating to the fiscal year ended june 30, 2022 were as follows: 1) a check written on 7/15/2022 for 84 to the united states treasury for the payment due on the final form 940, 2) a one time payment check written on 9/2/2022 for 12,387.25 to chantal olson, managing director, for consulting services related to the wrap up of activities and dissolution of the business, and 3) a one time payment check written on 9/2/2022 for 12,387.25 to lauren noel, president, for consulting services related to the wrap up of activities and dissolution of the business. These three payments are disclosed on schedule n. All bank accounts were closed as of september 2022 with the clearing of the three checks. The associated expenses of these three checks are properly recorded in the fiscal year ending june 30, 2022. The final two consulting checks were approved by the board of directors on may 19, 2022. It was noted by the board of directors that both lauren noel and chantal olson voluntarily reduced their annual salaries in january of 2021 to prolong the life of the organization during the pandemic.”

“Accounts payable and accrued expenses 6,647 0 deferred revenue 13,750 0 accrued expenses 5,581 0”

“To conduct research into educational techniques for executive development, conduct seminars to provide results of educational programs and to disseminate research results.”