Civic Intelligence

Emta Inc

990 • Fiscal year 2017 • EIN 13-3637265

Jan 01, 2017 to Dec 31, 2017 • Filed on May 01, 2018

405 Lexington AvenueNew York, NY 10174

(646) 289-5410

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

62nd percentile

0.33x

Higher debt load relative to assets than 62% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

87th percentile

0.94x

Higher debt load relative to revenue than 87% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2017

Net Margin

53rd percentile

4.9%

Higher net margin than 53% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

95th percentile

$678,489

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 22.3% of source-year revenue.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2017

Asset Growth

79th percentile

16%

Faster asset growth than 79% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

34th percentile

0.0%

Faster revenue growth than 34% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$8,774,604

Up $1,223,085 (+16%) from 2016

Net Assets

Up

$5,898,075

Up $226,912 (+4.0%) from 2016

Liabilities

Up

$2,876,529

Up $996,173 (+53%) from 2016

Revenue

Up

$3,047,201

Up $743 (+0.0%) from 2016

Expenses

Down

$2,897,669

Down $39,649 (-1.3%) from 2016

Net Income

Up

$149,532

Up $40,392 (+37%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $5,986,177Liabilities 2011: $1,350,411Net Assets 2011: $4,635,7662011Assets 2012: $6,640,475Liabilities 2012: $1,874,068Net Assets 2012: $4,766,4072012Assets 2013: $6,954,091Liabilities 2013: $1,956,790Net Assets 2013: $4,997,3012013Assets 2014: $7,506,749Liabilities 2014: $2,265,039Net Assets 2014: $5,241,7102014Assets 2015: $7,572,835Liabilities 2015: $2,010,812Net Assets 2015: $5,562,0232015Assets 2016: $7,551,519Liabilities 2016: $1,880,356Net Assets 2016: $5,671,1632016Assets 2017: $8,774,604Liabilities 2017: $2,876,529Net Assets 2017: $5,898,0752017Assets 2018: $8,957,691Liabilities 2018: $3,027,380Net Assets 2018: $5,930,3112018Assets 2019: $8,960,558Liabilities 2019: $3,005,171Net Assets 2019: $5,955,3872019Assets 2020: $8,996,871Liabilities 2020: $2,860,571Net Assets 2020: $6,136,3002020Assets 2021: $9,109,768Liabilities 2021: $2,961,213Net Assets 2021: $6,148,5552021Assets 2022: $9,126,212Liabilities 2022: $3,038,090Net Assets 2022: $6,088,1222022Assets 2023: $9,328,217Liabilities 2023: $3,038,779Net Assets 2023: $6,289,4382023Assets 2024: $9,409,517Liabilities 2024: $3,153,130Net Assets 2024: $6,256,3872024

Highlighted filing

2017

Assets$8,774,604
Liabilities$2,876,529
Net Assets$5,898,075

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,544,8702011Expenses 2012: $2,626,0442012Revenue 2013: $2,867,982Expenses 2013: $2,637,088Net Income 2013: $230,8942013Revenue 2014: $3,180,841Expenses 2014: $2,936,432Net Income 2014: $244,4092014Revenue 2015: $3,239,770Expenses 2015: $2,919,457Net Income 2015: $320,3132015Revenue 2016: $3,046,458Expenses 2016: $2,937,318Net Income 2016: $109,1402016Revenue 2017: $3,047,201Expenses 2017: $2,897,669Net Income 2017: $149,5322017Revenue 2018: $3,055,372Expenses 2018: $2,999,153Net Income 2018: $56,2192018Revenue 2019: $3,059,255Expenses 2019: $3,040,611Net Income 2019: $18,6442019Revenue 2020: $2,787,420Expenses 2020: $2,701,507Net Income 2020: $85,9132020Revenue 2021: $2,830,103Expenses 2021: $2,721,385Net Income 2021: $108,7182021Revenue 2022: $2,975,712Expenses 2022: $2,883,453Net Income 2022: $92,2592022Revenue 2023: $3,024,779Expenses 2023: $2,936,474Net Income 2023: $88,3052023Revenue 2024: $3,093,938Expenses 2024: $3,182,971Net Income 2024: -$89,0332024

Highlighted filing

2017

Revenue$3,047,201
Expenses$2,897,669
Net Income$149,532
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 1, 2018
Return Version
2017v2.2
Gross Receipts
$3,047,201
Mission and Program Overview

Mission

The organization's primary exempt purposes are:emta is the principal trade group for the global emerging markets trading and investment community and has worked since 1990 to promote the orderly development of fair, efficient and transparent trading markets for em instruments ( including bonds, loans, fx. Derivatives and local market instruments) and to help integrate em into the global capital markets. In addition to its ongoing activities, emta provides a well-recognized forum that enables the em trading and investment community to identify, discuss and address industry needs and to speak, when necessary, with a strong and credible voice on behalf of a broad spectrum of marketparticipants.

The organization's primary exempt purposes are:1 to promote the purchase , sale and trading of, and investment in, loans, debt and equity securities and other instruments issued by sovereigns of emerging market countries and by public and private institutions organized in such countries ( "em instruments");2. To promote practices conducive to the efficient conduct of the business of its members in trading and investing in em instruments and related transactions and to foster high standards of business conduct;3. To promote increased effeciency in the em instruments trading business, and more generally in the purchase and sale of em instruments, for the benefit of all participants, including through the development of suggested forms of standard documentation;4. To provide a forum for the discussion of issues of relevance to participants in the em instruments trading and investment business and to cooperate with other organizations on issues of mutual concern in order to promote common

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$5,671,163$5,898,075▲ $226,912
Investments in Publicly Traded Securities$5,118,098$4,834,129▼ $283,969
Savings and Temporary Cash Investments$2,055,456$2,173,513▲ $118,057
Accounts Receivable-$1,313,021-
Cash and Non-Interest-Bearing Accounts$281,218$367,804▲ $86,586
Investments Other Securities$1,515$1,515→ $0
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$7,551,519$8,774,604▲ $1,223,085
Other Assets Total$95,232$84,622▼ $10,610
Liabilities
Deferred Revenue$1,152,625$2,337,043▲ $1,184,418
Accounts Payable and Accrued Expenses$727,731$539,486▼ $188,245
Total Liabilities$1,880,356$2,876,529▲ $996,173
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,671,163$5,898,075▲ $226,912
Total Liabilities and Net Assets / Fund Balance$7,551,519$8,774,604▲ $1,223,085
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael ChamberlinExecutive DirectorFT$415,000$188,489$678,489
Aviva WernerGeneral CounselFT$265,000$184,324$374,324
Leslie Payton JacobsSr Leg CounselFT$265,000$99,437$364,437
Jonathan MurnoResearch DirectFT$225,000$73,585$298,585

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,963,312
Investment Income
$83,889
Other Revenue
$0
Change in Net Assets
$149,532
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,394,113
Other Expenses$503,556
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$1,715,835
Other Salaries and Wages---$282,580
Pension Plan Contributions---$204,659
Occupancy---$186,686
Other Employee Benefits---$158,220
Payroll Taxes---$32,819
Travel---$22,307
Other Expenses---$9,318
Fees for Services Accounting---$4,240
Office Expenses---$3,986
All Other Expenses---$2,892
Information Technology---$2,744
Fees for Services Legal---$275
Total Functional Expenses$0$0$0$2,897,669
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

FORM 990, PART VI, SECTION B, LINE 15;

The executive director recommends the organization's compensation levels on an annual basis and then they are reviewed and approved by the co-chairmen on behalf of the board, but not submitted to the full board for approval.

FORM 990, PART VI, SECTION B, LINE11B;

The 990 is reviewed by the executive director and then distributed to the whole board of directors.

FORM 990, PART VI, SECTION C,LINE19;

These documents can be located on the organization's website.

Filing and Contact Details

Filer

Filer Name
Emta Inc
EIN
13-3637265
Phone
6462895410
Address
405 LEXINGTON AVENUE, NEW YORK, NY 10174

Signing Officer

Name
Michael Chamberlin
Title
Executive Director
Signed
2018-05-01
Discuss with paid preparer
Yes

Organization Details

Formed
1990
Legal Domicile
Ny
Voting Board Members
39
Independent Board Members
0
Employees
0

Preparer

Firm
Feuer & Orlando Llp
Address
2 WALL STREET 10TH FLOOR, NEW YORK, NY 10005
Preparer
Edward S Feuer
Phone
2127365500
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IRS990/Form990PartVIISectionAGrp/TitleTxt33Director
IRS990/Form990PartVIISectionAGrp/TitleTxt34Director
IRS990/Form990PartVIISectionAGrp/TitleTxt35Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt36GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt37SR LEG COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt38RESEARCH DIRECT
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.41$3.15$6.26$3.09$3.18$0.09
2023Detailed filing. Detailed filing data is available for this year.$9.33$3.04$6.29$3.02$2.94$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.13$3.04$6.09$2.98$2.88$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.11$2.96$6.15$2.83$2.72$0.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.00$2.86$6.14$2.79$2.70$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.96$3.01$5.96$3.06$3.04$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.96$3.03$5.93$3.06$3.00$0.06
2017Detailed filing. Detailed filing data is available for this year.$8.77$2.88$5.90$3.05$2.90$0.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.55$1.88$5.67$3.05$2.94$0.11
2015Detailed filing. Detailed filing data is available for this year.$7.57$2.01$5.56$3.24$2.92$0.32
2014Detailed filing. Detailed filing data is available for this year.$7.51$2.27$5.24$3.18$2.94$0.24
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$6.95$1.96$5.00$2.87$2.64$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.64$1.87$4.77$2.63
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.99$1.35$4.64$2.54