Civic Intelligence

Association of Executive Search Consultants Inc

EIN 13-2776149 • 501(c)6 • New York, NY

Profile

Aesc establishes and promotes the highest professional and ethical standards for retained executive search and leadership consulting.

315 Madison Avenue 3 FLNew York, NY 10017

www.aesc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

0.83x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

0.21x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

15th percentile

-7.6%

Higher net margin than 15% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$455,210

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Asset Growth

3rd percentile

-26%

Faster asset growth than 3% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

1.4%

Faster revenue growth than 34% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,255,114

Down $444,414 (-26%) from 2023

Liabilities

Down

$1,043,476

Down $73,796 (-6.6%) from 2023

Net Assets

Down

$211,638

Down $370,618 (-64%) from 2023

Revenue

Up

$4,884,969

Up $68,680 (+1.4%) from 2023

Expenses

Down

$5,255,405

Down $351,353 (-6.3%) from 2023

Net Income

Up

-$370,436

Up $420,033 (+53%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,698,154Liabilities 2010: $697,163Net Assets 2010: $2,000,9912010Assets 2011: $2,824,444Liabilities 2011: $675,639Net Assets 2011: $2,148,8052011Assets 2012: $3,123,342Liabilities 2012: $801,598Net Assets 2012: $2,321,7442012Assets 2013: $3,789,650Liabilities 2013: $1,368,535Net Assets 2013: $2,421,1152013Assets 2014: $3,772,979Liabilities 2014: $1,705,283Net Assets 2014: $2,067,6962014Assets 2015: $2,689,565Liabilities 2015: $542,231Net Assets 2015: $2,147,3342015Assets 2016: $2,730,137Liabilities 2016: $554,753Net Assets 2016: $2,175,3842016Assets 2017: $3,047,978Liabilities 2017: $698,937Net Assets 2017: $2,349,0412017Assets 2018: $3,152,285Liabilities 2018: $729,047Net Assets 2018: $2,423,2382018Assets 2019: $3,157,345Liabilities 2019: $630,813Net Assets 2019: $2,526,5322019Assets 2020: $3,096,605Liabilities 2020: $604,602Net Assets 2020: $2,492,0032020Assets 2021: $3,028,237Liabilities 2021: $1,137,484Net Assets 2021: $1,890,7532021Assets 2022: $2,369,526Liabilities 2022: $1,163,920Net Assets 2022: $1,205,6062022Assets 2023: $1,699,528Liabilities 2023: $1,117,272Net Assets 2023: $582,2562023Assets 2024: $1,255,114Liabilities 2024: $1,043,476Net Assets 2024: $211,6382024

Highlighted filing

2024

Assets$1,255,114
Liabilities$1,043,476
Net Assets$211,638

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $3,971,342Expenses 2010: $4,154,403Net Income 2010: -$183,0612010Revenue 2011: $4,385,530Expenses 2011: $4,238,770Net Income 2011: $146,7602011Revenue 2012: $4,538,414Expenses 2012: $4,370,532Net Income 2012: $167,8822012Revenue 2013: $5,162,867Expenses 2013: $5,051,891Net Income 2013: $110,9762013Revenue 2014: $5,008,073Expenses 2014: $5,346,383Net Income 2014: -$338,3102014Revenue 2015: $5,109,389Expenses 2015: $5,033,552Net Income 2015: $75,8372015Revenue 2016: $6,290,843Expenses 2016: $6,262,792Net Income 2016: $28,0512016Revenue 2017: $6,577,962Expenses 2017: $6,404,305Net Income 2017: $173,6572017Revenue 2018: $6,315,236Expenses 2018: $6,241,039Net Income 2018: $74,1972018Revenue 2019: $6,275,343Expenses 2019: $6,176,985Net Income 2019: $98,3582019Revenue 2020: $5,523,775Expenses 2020: $5,670,039Net Income 2020: -$146,2642020Revenue 2021: $5,021,795Expenses 2021: $5,554,776Net Income 2021: -$532,9812021Revenue 2022: $5,306,320Expenses 2022: $5,751,652Net Income 2022: -$445,3322022Revenue 2023: $4,816,289Expenses 2023: $5,606,758Net Income 2023: -$790,4692023Revenue 2024: $4,884,969Expenses 2024: $5,255,405Net Income 2024: -$370,4362024

Highlighted filing

2024

Revenue$4,884,969
Expenses$5,255,405
Net Income-$370,436

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$1.04$0.21$4.88$5.26$0.37
2023Detailed filing. Detailed filing data is available for this year.$1.70$1.12$0.58$4.82$5.61$0.79
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$1.16$1.21$5.31$5.75$0.45
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.03$1.14$1.89$5.02$5.55$0.53
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.10$0.60$2.49$5.52$5.67$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.16$0.63$2.53$6.28$6.18$0.10
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.15$0.73$2.42$6.32$6.24$0.07
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.05$0.70$2.35$6.58$6.40$0.17
2016Summary only. Only limited summary data is available for this year.$2.73$0.55$2.18$6.29$6.26$0.03
2015Summary only. Only limited summary data is available for this year.$2.69$0.54$2.15$5.11$5.03$0.08
2014Summary only. Only limited summary data is available for this year.$3.77$1.71$2.07$5.01$5.35$0.34
2013Summary only. Only limited summary data is available for this year.$3.79$1.37$2.42$5.16$5.05$0.11
2012Summary only. Only limited summary data is available for this year.$3.12$0.80$2.32$4.54$4.37$0.17
2011Summary only. Only limited summary data is available for this year.$2.82$0.68$2.15$4.39$4.24$0.15
2010Summary only. Only limited summary data is available for this year.$2.70$0.70$2.00$3.97$4.15$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 10, 2025
Return Version
2024v5.2
Gross Receipts
$6,049,267
Mission and Program Overview

Mission

AESC establishes and promotes the highest professional and ethical standards for retained executive search and leadership consulting.

Aesc establishes the highest professional standards for retained executive search and consulting.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,125,072$693,041▼ $432,031
Cash and Non-Interest-Bearing Accounts$154,402$224,925▲ $70,523
Investments in Publicly Traded Securities$27,693$29,192▲ $1,499
Accounts Receivable$9,283$12,015▲ $2,732
Land, Buildings, and Equipment, Net$16,785$11,752▼ $5,033
Prepaid Expenses and Deferred Charges$5,686$1,529▼ $4,157
Total Assets$1,699,528$1,255,114▼ $444,414
Other Assets Total$360,607$282,660▼ $77,947
Liabilities
Deferred Revenue$818,555$745,440▼ $73,115
Accounts Payable and Accrued Expenses$154,393$157,482▲ $3,089
Mortgage Notes Payable Secured by Investment Property$144,324$140,554▼ $3,770
Total Liabilities$1,117,272$1,043,476▼ $73,796
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$582,256$211,638▼ $370,618
Total Net Assets Fund Balance$582,256$211,638▼ $370,618
Total Liabilities and Net Assets / Fund Balance$1,699,528$1,255,114▼ $444,414

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,752$80,791$92,543
Other Assets Org$282,660--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen GreenbaumPresident & CEO (thru 12/31/2024)FT$423,871$31,339$455,210
Kulsoom GulManaging Dir., Bluesteps & EcsFT$261,879$24,636$286,515
Lynne Murphy-riveraManaging Dir., AmericasFT$211,915$12,698$224,613
Frank PetruzzoCFOFT$196,307$19,766$216,073
Martha RochfordCMOFT$181,597$10,241$191,838
Sarah BoyleDir., Bluesteps Global MarketingFT$136,678$14,438$151,116
Charlene ManuelDir., Global Marketing, Comm.&ed.FT$102,331$12,961$115,292
James E DatriPresident and CEO (as of 1/1/25)FT$14,583-$14,583

Board Members and Trustees

NameTitle
Julian HaChair
Emanuela AureliChair, Emeritus
Sophie WigniolleVice Chair
David TurnerBoard Member
Jacques BouwensBoard Member
Joe CoulterBoard Member
Matrice Ellis-kirkBoard Member
Michael CastlemanBoard Member
Nick ChambersBoard Member
Nobi KanekoBoard Member
Paul JenkinsBoard Member
Rodrigo Foz ForteBoard Member
Sonal ArgawalBoard Member
Tim SheffieldBoard Member
Toni Clayton-hineBoard Member
Camille Chang-gilmoreBoard Member (as of 6/2024)
Cathy LogueTreasurer/secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Elevate StrategyCareer Coaching46 BELSIZE DRIVE, TORONTO, ONTARIO, Ca$156,189
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,301,611
Investment Income
$54,648
Other Revenue
$528,710
Change in Net Assets
$-370,436

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,558,612
Revenue Not Reported on Financial Statements
$326,357
Revenue Not Reported on Form 990
$-182
Other Revenue Adjustments
$326,357
Total Revenue per Audited Statements
$4,558,430
Total Revenue per Form 990
$4,884,969
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,822,398
Other Expenses$2,433,007
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,729,446
Fees for Services Other---$1,091,124
Current Officers, Directors, Trustees, and Key Employees---$685,866
Information Technology---$288,431
Advertising---$225,532
Payroll Taxes---$182,523
Conferences and Meetings---$158,105
Other Employee Benefits---$153,940
Travel---$141,242
Depreciation Depletion---$131,093
Pension Plan Contributions---$70,623
Office Expenses---$62,860
All Other Expenses---$60,831
Fees for Services Accounting---$38,325
Fees for Services Management---$33,933
Insurance---$11,577
Other Expenses---$4,266
Interest---$3,922
Occupancy---$1,926
Total Functional Expenses$0$0$0$5,255,405

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,255,405
Expenses per Audited Statements$4,929,048
Total Expenses per Audited Statements$4,929,048
Expenses Not Reported on Financial Statements$326,357
Other Expense Adjustments$326,357
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
2
Employees
5
Spending
$600,136

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram ServicesMembership Services13$393,439
East Asia and the PacificProgram ServicesMembership Services12$206,697
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Aesc has members who pay dues on a sliding scale.

Form 990, Part VI, Section A, Line 7A

A nominating / governance committee, consisting of members in good standing, proposes a slate of nominees who are then elected by the board of directors.

Form 990, Part VI, Section B, Line 11B

The forms 990 and 990-t are distributed to the full board of directors for review prior to filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

All board members and officers are required to sign a conflict-of-interest disclosure statement on an annual basis.

Form 990, Part VI, Section B, Line 15

The compensation committee of the board reviews and approves the president & ceo's compensation on an annual basis. The president & ceo reviews and makes recommendations to the compensation committee for key employee compensation and the compensation committee approves it.

Form 990, Part VI, Section C, Line 19

Aesc makes its 990 and audited financial statements available upon request. Governing documents and policies are for internal use only.

Filing and Contact Details

Filer

Filer Name
Association of Executive Search
EIN
13-2776149
Phone
2123989556
Address
315 MADISON AVENUE 3 FL, NEW YORK, NY 10017

Signing Officer

Name
Frank Petruzzo
Title
CFO
Phone
6467575497
Signed
2025-10-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James E Datri
Formed
1959
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
17
Employees
19
Volunteers
0

Preparer

Firm
Eisner Advisory Group LLC
Address
733 THIRD AVENUE, NEW YORK, NY 10017-2703
Preparer
Candice Meth
Phone
2129498700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consultant - program development 640,426. Consultants - bluesteps 113,100. Contract staff and other consultants 337,598.

Financial Statement Notes

PART X, LINE 2:

Aesc is subject to the provisions of the financial accounting standards board's (the "fasb") accounting standards codification ("asc") topic 740, income taxes, as it relates to accounting and reporting for uncertainty in income taxes. Because of aesc's general not-for-profit status, management believes asc topic 740 has not had, and is not anticipated to have, a material impact on aesc's financial statements.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Consultant - program development (see below for additional details)

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Consultant - program development (see below for additional details)

Part XI, Line 4B and Part XII, Line 4B

Amount represents $326,357 of expenses for executive career services consultants which are required to be netted with revenue for financial statement reporting purposes.

Raw XML AppendixShowing 400 of 647 raw XML fields

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IRS990/AccountsReceivableGrp/EOYAmt012015
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0AESC ESTABLISHES THE HIGHEST PROFESSIONAL STANDARDS FOR RETAINED EXECUTIVE SEARCH AND CONSULTING.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
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IRS990/Form990PartVIISectionAGrp/PersonNm20LYNNE MURPHY-RIVERA
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IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt20MANAGING DIR., AMERICAS
IRS990/Form990PartVIISectionAGrp/TitleTxt21CMO
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIR., BLUESTEPS GLOBAL MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt23MANAGING DIR., BLUESTEPS & ECS
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt080791
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt092543

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