Civic Intelligence

Council International Study Programs Inc (Isp)

990 • Fiscal year 2014 • EIN 13-4038907

Sep 01, 2013 to Aug 31, 2014 • Filed on Jun 22, 2015

300 Fore Street04101

(207) 553-4000

Siviq Scores

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

Liabilities / Assets

70th percentile

0.53x

Higher debt load relative to assets than 70% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Liabilities / Revenue

45th percentile

0.45x

Higher debt load relative to revenue than 45% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Net Margin

45th percentile

4.2%

Higher net margin than 45% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Top Officer Pay

52nd percentile

$483,294

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Asset Growth

88th percentile

20%

Faster asset growth than 88% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Revenue Growth

73rd percentile

13%

Faster revenue growth than 73% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2012 to 2014

Assets

Flat

$102,449,673

Flat from 2014

Net Assets

Flat

$47,785,125

Flat from 2014

Liabilities

Flat

$54,664,548

Flat from 2014

Revenue

Flat

$120,911,124

Flat from 2014

Expenses

Flat

$115,855,955

Flat from 2014

Net Income

Flat

$5,055,169

Flat from 2014

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2010: $61,052,397Liabilities 2010: $31,591,044Net Assets 2010: $29,461,3532010Assets 2011: $66,421,075Liabilities 2011: $33,118,797Net Assets 2011: $33,302,2782011Assets 2012: $75,545,737Liabilities 2012: $40,235,327Net Assets 2012: $35,310,4102012Assets 2013: $85,070,785Liabilities 2013: $43,272,494Net Assets 2013: $41,798,2912013Assets 2014: $102,449,673Liabilities 2014: $54,664,548Net Assets 2014: $47,785,1252014Assets 2014: $102,449,673Liabilities 2014: $54,664,548Net Assets 2014: $47,785,1252014Assets 2015: $112,649,034Liabilities 2015: $60,126,932Net Assets 2015: $52,522,1022015Assets 2016: $137,697,094Liabilities 2016: $76,128,307Net Assets 2016: $61,568,7872016Assets 2017: $146,623,154Liabilities 2017: $75,213,320Net Assets 2017: $71,409,8342017Assets 2018: $160,199,958Liabilities 2018: $91,084,955Net Assets 2018: $69,115,0032018Assets 2019: $175,911,976Liabilities 2019: $109,385,947Net Assets 2019: $66,526,0292019Assets 2020: $123,070,977Liabilities 2020: $83,758,293Net Assets 2020: $39,312,6842020Assets 2022: $92,197,570Liabilities 2022: $63,097,899Net Assets 2022: $29,099,6712022Assets 2023: $132,410,029Liabilities 2023: $83,595,534Net Assets 2023: $48,814,4952023

Highlighted filing

2014

Assets$102,449,673
Liabilities$54,664,548
Net Assets$47,785,125

Operations Trend

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

$200M$150M$100M$50M$0-$50MExpenses 2010: $81,641,3112010Revenue 2011: $89,589,516Expenses 2011: $87,050,615Net Income 2011: $2,538,9012011Revenue 2012: $94,527,514Expenses 2012: $92,255,792Net Income 2012: $2,271,7222012Expenses 2013: $99,579,7172013Revenue 2014: $120,911,124Expenses 2014: $115,855,955Net Income 2014: $5,055,1692014Revenue 2014: $120,911,124Expenses 2014: $115,855,955Net Income 2014: $5,055,1692014Revenue 2015: $134,383,053Expenses 2015: $129,088,427Net Income 2015: $5,294,6262015Revenue 2016: $143,336,213Expenses 2016: $136,051,289Net Income 2016: $7,284,9242016Revenue 2017: $149,638,100Expenses 2017: $140,201,178Net Income 2017: $9,436,9222017Revenue 2018: $153,110,927Expenses 2018: $154,764,445Net Income 2018: -$1,653,5182018Revenue 2019: $169,663,385Expenses 2019: $171,140,102Net Income 2019: -$1,476,7172019Revenue 2020: $91,700,315Expenses 2020: $118,369,234Net Income 2020: -$26,668,9192020Revenue 2022: $119,425,162Expenses 2022: $101,858,128Net Income 2022: $17,567,0342022Revenue 2023: $151,306,157Expenses 2023: $131,584,564Net Income 2023: $19,721,5932023

Highlighted filing

2014

Revenue$120,911,124
Expenses$115,855,955
Net Income$5,055,169
Jump To
Filing Snapshot
Filing Period
Sep 1, 2013 to Aug 31, 2014
Signed
Jun 22, 2015
Return Version
2013v4.0
Gross Receipts
$125,821,368
Mission and Program Overview

Mission

To help people gain understanding, acquire knowledge, and develop skills for living in a globally interdependent and culturally diverse world by offering the most comprehensive, relevant, and valuable exchange programs available.

The furtherance of international study programs and student and professional intercultural exchange programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$23,467,946$23,052,176▼ $415,770
Investments in Publicly Traded Securities$22,158,346$23,003,598▲ $845,252
Land, Buildings, and Equipment, Net$17,918,147$19,266,997▲ $1,348,850
Accounts Receivable$737,345$8,366,012▲ $7,628,667
Prepaid Expenses and Deferred Charges$6,058,713$4,684,047▼ $1,374,666
Cash and Non-Interest-Bearing Accounts$3,773,528$4,282,907▲ $509,379
Receivables From Officers Etc-$2,298-
Total Assets$85,070,785$102,449,673▲ $17,378,888
Other Assets Total$10,956,760$19,791,638▲ $8,834,878
Liabilities
Deferred Revenue$29,303,187$27,358,685▼ $1,944,502
Accounts Payable and Accrued Expenses$8,051,447$21,984,268▲ $13,932,821
Mortgage Notes Payable Secured by Investment Property$5,917,860$5,321,595▼ $596,265
Total Liabilities$43,272,494$54,664,548▲ $11,392,054
Net Assets / Fund Balance
Unrestricted Net Assets$41,798,291$47,785,125▲ $5,986,834
Total Net Assets Fund Balance$41,798,291$47,785,125▲ $5,986,834
Total Liabilities and Net Assets / Fund Balance$85,070,785$102,449,673▲ $17,378,888

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,558,699$4,053,478$17,612,177
Other Land Buildings$3,795,818$2,500,860$6,296,678
Equipment$1,314,796$946,827$2,261,623
Leasehold Improvements$597,684$819,926$1,417,610
Other Assets Org$16,351--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James P PellowPresident & CEOPT$374,620$108,674$483,294
Jorge BarrosoCIOPT$207,107$32,497$239,604
David FougereVice PresidentFT$213,486$10,552$224,038
Brenda J MajeskiSenior Vice PresidentPT$186,590$22,727$209,317
Elizabeth O'NeillExecutive Vice PresidentPT$181,367$17,888$199,255
Nancy KittredgeVice PresidentPT$164,460$34,167$198,627
Anna FinckeVice PresidentFT$116,794$69,821$186,615
Catharine ScruggsExecutive DirectorFT$124,710$50,558$175,268
Philip SimonVice PresidentFT$96,327$68,948$165,275
J S JonesVice PresidentFT$109,876$54,168$164,044
Adam W RubinExecutive DirectorFT$122,185$39,447$161,632
Charissa KerrPast CFOPT$101,315$22,202$123,517
Timothy ProppCFO/Treasurer/SecretaryPT$111,628$7,989$119,617

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
BluewolfConsulting-$575,700
BrandLogicMarketing/Consulting-$375,000
Custom House Square Condo AssociationProperty Management-$312,000
JS McCarthyMarketing/Consulting-$225,000
ElderhostelTravel Services-$170,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$119,253,797
Investment Income
$2,224,393
Other Revenue
$-567,066
Change in Net Assets
$5,055,169
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$93,481,267
Salaries, Compensation, and Employee Benefits$20,879,693
Grants and Similar Amounts Paid$1,494,995
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,731,083$5,632,406-$15,363,489
Office Expenses$1,586,716$3,200,678-$4,787,394
Advertising$3,621,476$272,919-$3,894,395
Depreciation Depletion-$3,159,676-$3,159,676
Other Employee Benefits$1,808,826$611,301-$2,420,127
Travel$1,280,833$716,973-$1,997,806
Current Officers, Directors, Trustees, and Key Employees$1,167,517$629,752-$1,797,269
Grants to Domestic Individuals$1,494,995--$1,494,995
Conferences and Meetings$810,020$498,213-$1,308,233
Payroll Taxes$674,640$264,818-$939,458
Information Technology$46,216$721,868-$768,084
Fees for Services Legal-$637,765-$637,765
Fees for Services Other$124,903$376,975-$501,878
Pension Plan Contributions$143,003$216,347-$359,350
Occupancy$74,775$279,779-$354,554
Interest-$212,005-$212,005
Insurance$165,791--$165,791
Fees for Services Accounting-$136,330-$136,330
Fees for Service Investment Mgmnt Fees-$129,395-$129,395
Fees for Services Lobbying$121,603--$121,603
Other Expenses$74,618,922$28,133-$28,133
Total Functional Expenses$97,471,319$18,384,636$0$115,855,955
International Activity

International Summary

Offices
58
Employees
315
Spending
$70,140,426

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesStudy abroad programs for students24122$32,230,000
Europe (Including Iceland & Greenland)Investments---$8,397,243
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Program ServicesStudy abroad programs for students1054$8,195,000
South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador,Program ServicesStudy abroad programs for students739$7,130,000
Sub-Saharan Africa - Angola, Benin, Botswana, Burkina, Faso,Program ServicesStudy abroad programs for students628$6,170,000
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Program ServicesStudy abroad programs for students318$4,270,000
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Program ServicesStudy abroad programs for students540$2,912,000
Russia & the Newly Independent States - Armenia, Azerbijan, Belarus,Program ServicesStudy abroad programs for students19$1,940,000
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,Program ServicesStudy abroad programs for students25$760,000
Central America and the CaribbeanInvestments---$100,015
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Investments---$-1,963,832
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
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$2,298-
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The sole member of the Corporation is CIEE, Inc., a Delaware corporation. On August 31, 2014, at the end of the business day, CIEE, Inc. was dissolved and all programs and activities were merged into Council, International Study Programs Inc. (ISP). Effective September 1, 2014, International Study Programs Inc. (ISP) changed its name to CIEE, Inc.

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

Members of the Board of Directors of CIEE are elected by the Membership. Every member of CIEE has a voting representative. The Board nominates people to the Board and the Membership elects them via vote of the voting representatives.

Form 990, Part VI, Section B, line 11

The 990 Form is prepared by an independent public accounting firm from materials of the Organization provided by management. A copy of the Form 990 is shared with the entire board before filing on an annual basis. A draft of the 990 is reviewed by the CEO, the CFO, and Controller and then reviewed with the Board Executive and Audit Committees prior to filing.

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

The Board of Directors, officers and key employees are required to sign and date, on an annual basis, a Conflict of Interest Statement which discloses any potential conflicts of interest. As of this writing, no such conflicts exist.

Form 990, Part VI, Section B, line 15

The Organization commissions a compensation study at least every five years regarding compensation paid to the CEO as well as other officers and key employees. This study is comprehensive in nature and includes comparative data. There is also an annual goal setting and performance appraisal process for all officers and key employees. These are discussed and reviewed by the Executive Committee of the Board of Directors.

Form 990, Part VI, Section C, line 19

The Organization's governing documents, conflict of interest policy & financial statements are made available to the public upon request

Filing and Contact Details

Filer

EIN
13-4038907
Phone
2075534000

Signing Officer

Name
Tim Propp
Title
CFO
Phone
2075534000
Signed
2015-06-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James P Pellow
Formed
1999
Legal Domicile
De
Voting Board Members
15
Independent Board Members
15
Employees
397
Volunteers
18

Preparer

Preparer
Barbara J McGuan CPA
Phone
2077752387
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Change in Investment in Joint Venture -114,959.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Robert E Fallon
IRS990/Form990PartVIISectionAGrp/PersonNm1Thomas Mooney
IRS990/Form990PartVIISectionAGrp/PersonNm2Amb Kenton Keith
IRS990/Form990PartVIISectionAGrp/PersonNm3Amb Johnny Young
IRS990/Form990PartVIISectionAGrp/PersonNm4Burch Ford
IRS990/Form990PartVIISectionAGrp/PersonNm5Amb Christopher Hill
IRS990/Form990PartVIISectionAGrp/PersonNm6David Jones
IRS990/Form990PartVIISectionAGrp/PersonNm7Joel Gallegos
IRS990/Form990PartVIISectionAGrp/PersonNm8John H Yopp
IRS990/Form990PartVIISectionAGrp/PersonNm9Kathleen Cheek-Milby
IRS990/Form990PartVIISectionAGrp/PersonNm10Kathleen Sideli
IRS990/Form990PartVIISectionAGrp/PersonNm11Kumble Subbaswamy
IRS990/Form990PartVIISectionAGrp/PersonNm12Larry Schall
IRS990/Form990PartVIISectionAGrp/PersonNm13Laura Brege
IRS990/Form990PartVIISectionAGrp/PersonNm14Peter Lighte
IRS990/Form990PartVIISectionAGrp/PersonNm15William Martens III
IRS990/Form990PartVIISectionAGrp/PersonNm16Charles Baquet
IRS990/Form990PartVIISectionAGrp/PersonNm17Patti McGill Peterson
IRS990/Form990PartVIISectionAGrp/PersonNm18James P Pellow
IRS990/Form990PartVIISectionAGrp/PersonNm19Timothy Propp
IRS990/Form990PartVIISectionAGrp/PersonNm20Charissa Kerr
IRS990/Form990PartVIISectionAGrp/PersonNm21Jorge Barroso
IRS990/Form990PartVIISectionAGrp/PersonNm22Brenda J Majeski
IRS990/Form990PartVIISectionAGrp/PersonNm23Elizabeth O'Neill
IRS990/Form990PartVIISectionAGrp/PersonNm24Nancy Kittredge
IRS990/Form990PartVIISectionAGrp/PersonNm25David Fougere
IRS990/Form990PartVIISectionAGrp/PersonNm26Philip Simon
IRS990/Form990PartVIISectionAGrp/PersonNm27Catharine Scruggs
IRS990/Form990PartVIISectionAGrp/PersonNm28J S Jones
IRS990/Form990PartVIISectionAGrp/PersonNm29Adam W Rubin
IRS990/Form990PartVIISectionAGrp/PersonNm30Anna Fincke
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Past Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Past Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Past Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18President & CEO

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$132$83.6$48.8$151$132$19.7
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$92.2$63.1$29.1$119$102$17.6
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$123$83.8$39.3$91.7$118$26.7
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$176$109$66.5$170$171$1.48
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$160$91.1$69.1$153$155$1.65
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$147$75.2$71.4$150$140$9.44
2016Detailed filing. Detailed filing data is available for this year.$138$76.1$61.6$143$136$7.28
2015Summary only. Only limited summary data is available for this year.$113$60.1$52.5$134$129$5.29
2014Detailed filing. Detailed filing data is available for this year.$102$54.7$47.8$121$116$5.06
2014Summary only. Only limited summary data is available for this year.$102$54.7$47.8$121$116$5.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$85.1$43.3$41.8$99.6
2012Summary only. Only limited summary data is available for this year.$75.5$40.2$35.3$94.5$92.3$2.27
2011Summary only. Only limited summary data is available for this year.$66.4$33.1$33.3$89.6$87.1$2.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.1$31.6$29.5$81.6