Civic Intelligence

Emta Inc

990 • Fiscal year 2018 • EIN 13-3637265

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 24, 2019

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

63rd percentile

0.34x

Higher debt load relative to assets than 63% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

0.99x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Net Margin

40th percentile

1.8%

Higher net margin than 40% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

94th percentile

$682,075

Higher top officer pay than 94% of similar nonprofits.

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

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Asset Growth

50th percentile

2.1%

Faster asset growth than 50% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

34th percentile

0.3%

Faster revenue growth than 34% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Up

$8,957,691

Up $183,087 (+2.1%) from 2017

Net Assets

Up

$5,930,311

Up $32,236 (+0.5%) from 2017

Liabilities

Up

$3,027,380

Up $150,851 (+5.2%) from 2017

Revenue

Up

$3,055,372

Up $8,171 (+0.3%) from 2017

Expenses

Up

$2,999,153

Up $101,484 (+3.5%) from 2017

Net Income

Down

$56,219

Down $93,313 (-62%) from 2017

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

2018

Assets$8,957,691
Liabilities$3,027,380
Net Assets$5,930,311

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

2018

Revenue$3,055,372
Expenses$2,999,153
Net Income$56,219
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 24, 2019
Return Version
2018v3.1
Gross Receipts
$3,055,372
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 in

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$5,936,575$5,930,311▼ $6,264
Investments in Publicly Traded Securities$4,834,129$5,152,150▲ $318,021
Savings and Temporary Cash Investments$2,212,013$1,809,458▼ $402,555
Accounts Receivable$1,313,021$1,517,663▲ $204,642
Cash and Non-Interest-Bearing Accounts$367,804$353,620▼ $14,184
Prepaid Expenses and Deferred Charges-$40,178-
Investments Other Securities$1,515$0▼ $1,515
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-
Total Assets$8,813,104$8,957,691▲ $144,587
Other Assets Total$84,622$84,622→ $0
Liabilities
Deferred Revenue$2,337,043$2,494,643▲ $157,600
Accounts Payable and Accrued Expenses$539,486$532,737▼ $6,749
Total Liabilities$2,876,529$3,027,380▲ $150,851
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,936,575$5,930,311▼ $6,264
Total Liabilities and Net Assets / Fund Balance$8,813,104$8,957,691▲ $144,587
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael ChamberlinExecutive DirectorFT$415,000$267,075$682,075
Aviva WernerGeneral CounselFT$265,000$113,640$378,640
Leslie Payton JacobsSr Leg CounselFT$265,000$110,068$375,068
Jonathan MurnoResearch DirectFT$238,000$75,310$313,310

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,948,338
Investment Income
$107,034
Other Revenue
$0
Change in Net Assets
$56,219
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,517,615
Other Expenses$481,538
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---$1,749,093
Other Salaries and Wages---$456,892
Other Employee Benefits---$170,923
Occupancy---$155,053
Payroll Taxes---$83,354
Pension Plan Contributions---$57,353
Office Expenses---$26,287
Travel---$23,559
Fees for Services Accounting---$14,025
Other Expenses---$5,174
All Other Expenses---$300
Total Functional Expenses$0$0$0$2,999,153
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
No
Subject to proxy tax
Yes
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
Yes
Other officer compensation reviewed
Yes
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

The executive director &/or the general counsel review the cpa prepared form 990 before it is signed for filing.

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-chairman 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
2019-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Chamberlin
Formed
1990
Legal Domicile
Ny
Voting Board Members
27
Independent Board Members
27
Employees
9

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/PersonNm6FILIPE FERREIRA
IRS990/Form990PartVIISectionAGrp/PersonNm7KASPER BARTHOLDY
IRS990/Form990PartVIISectionAGrp/PersonNm8MANUEL MAXIMINO
IRS990/Form990PartVIISectionAGrp/PersonNm9DAVID ROLLEY
IRS990/Form990PartVIISectionAGrp/PersonNm10LIEW TZU MI
IRS990/Form990PartVIISectionAGrp/PersonNm11MARK L COOMBS
IRS990/Form990PartVIISectionAGrp/PersonNm12MATTHEW CLINTON
IRS990/Form990PartVIISectionAGrp/PersonNm13MICHAEL CIRAMI
IRS990/Form990PartVIISectionAGrp/PersonNm14ELLIS THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm15PETER MARBER
IRS990/Form990PartVIISectionAGrp/PersonNm16PRANAV THAKUR
IRS990/Form990PartVIISectionAGrp/PersonNm17RICARDO MORA
IRS990/Form990PartVIISectionAGrp/PersonNm18SANDY WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm19SHIVA SUBRAMANIAM
IRS990/Form990PartVIISectionAGrp/PersonNm20TINA VANDERSTEEL
IRS990/Form990PartVIISectionAGrp/PersonNm21MICHAEL CHAMBERLIN
IRS990/Form990PartVIISectionAGrp/PersonNm22AVIVA WERNER
IRS990/Form990PartVIISectionAGrp/PersonNm23EMILIANO MENDEZ-GALLIONE
IRS990/Form990PartVIISectionAGrp/PersonNm24TIM GILL
IRS990/Form990PartVIISectionAGrp/PersonNm25LESLIE PAYTON JACOBS
IRS990/Form990PartVIISectionAGrp/PersonNm26JONATHAN MURNO
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt22GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
IRS990/Form990PartVIISectionAGrp/TitleTxt25SR LEG COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt26RESEARCH DIRECT
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IRS990/Form990TFiledInd0false
IRS990/FormationYr01990
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IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt027
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03055372
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
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IRS990/IndependentVotingMemberCnt027
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/MembersOrStockholdersInd0true
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IRS990/MissionDesc0THE 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 IN
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt0170923
IRS990/OtherExpensesGrp/Desc0EVENTS
IRS990/OtherExpensesGrp/Desc1IT and Communications
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/TotalAmt0172220
IRS990/OtherExpensesGrp/TotalAmt178341
IRS990/OtherExpensesGrp/TotalAmt26579
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IRS990/PensionPlanContributionsGrp/TotalAmt057353
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt040178
IRS990/PrincipalOfficerNm0MICHAEL CHAMBERLIN
IRS990/PriorPeriodAdjustmentsAmt0-62483
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0EMCB CONSULTING
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER
IRS990/ProgramServiceRevenueGrp/Desc3REVENUE FROM MEETINGS
IRS990/ProgramServiceRevenueGrp/Desc4VOLUME SURVEY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt020000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12464838

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
2018Detailed filing. Detailed filing data is available for this year.$8.96$3.03$5.93$3.06$3.00$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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