Civic Intelligence

Licensing Executives Society

EIN 13-6271591 • 501(c)6 • Wakefield, MA

Profile

A nonprofit professional and educational society assisting individuals in techniques of safeguarding intellectual property. The society also informs the public concerning the economic significance of licensing or other transfer of technology, industrial and intellectual property.

401 Edgewater Place 600Wakefield, MA 01880

www.lesusacanada.org

Siviq Scores

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

Liabilities / Assets

85th percentile

0.51x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.46x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

33rd percentile

-0.2%

Higher net margin than 33% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

30th percentile

$0

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

53rd percentile

6.4%

Faster asset growth than 53% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

11th percentile

-13%

Faster revenue growth than 11% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$1,190,641

Up $71,656 (+6.4%) from 2023

Liabilities

Up

$612,421

Up $73,964 (+14%) from 2023

Net Assets

Down

$578,220

Down $2,308 (-0.4%) from 2023

Operations
Liabilities / Revenue80th percentileNet Margin33rd percentile

Revenue

Down

$1,345,127

Down $208,543 (-13%) from 2023

Expenses

Up

$1,347,435

Up $81,489 (+6.4%) from 2023

Net Income

Down

-$2,308

Down $290,032 (-101%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth53rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,211,533Liabilities 2011: $1,393,215Net Assets 2011: $1,818,3182011Assets 2012: $3,163,548Liabilities 2012: $732,823Net Assets 2012: $2,430,7252012Assets 2013: $3,170,848Liabilities 2013: $1,515,780Net Assets 2013: $1,655,0682013Assets 2014: $2,095,652Liabilities 2014: $1,347,267Net Assets 2014: $748,3852014Assets 2015: $1,892,956Liabilities 2015: $1,073,208Net Assets 2015: $819,7482015Assets 2016: $2,228,258Liabilities 2016: $1,121,036Net Assets 2016: $1,107,2222016Assets 2017: $1,808,349Liabilities 2017: $1,240,661Net Assets 2017: $567,6882017Assets 2018: $1,355,619Liabilities 2018: $962,939Net Assets 2018: $392,6802018Assets 2019: $1,063,224Liabilities 2019: $799,891Net Assets 2019: $263,3332019Assets 2020: $851,230Liabilities 2020: $661,720Net Assets 2020: $189,5102020Assets 2021: $914,475Liabilities 2021: $625,875Net Assets 2021: $288,6002021Assets 2022: $908,005Liabilities 2022: $615,201Net Assets 2022: $292,8042022Assets 2023: $1,118,985Liabilities 2023: $538,457Net Assets 2023: $580,5282023Assets 2024: $1,190,641Liabilities 2024: $612,421Net Assets 2024: $578,2202024

Highlighted filing

2024

Assets$1,190,641
Liabilities$612,421
Net Assets$578,220
Open 2024 Filing

Operations Trend

Revenue Growth11th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $5,019,540Expenses 2011: $4,898,350Net Income 2011: $121,1902011Revenue 2012: $4,747,338Expenses 2012: $4,178,245Net Income 2012: $569,0932012Revenue 2013: $3,803,491Expenses 2013: $4,320,484Net Income 2013: -$516,9932013Revenue 2014: $3,762,077Expenses 2014: $4,592,167Net Income 2014: -$830,0902014Revenue 2015: $3,519,543Expenses 2015: $3,448,180Net Income 2015: $71,3632015Revenue 2016: $2,973,436Expenses 2016: $2,498,122Net Income 2016: $475,3142016Revenue 2017: $2,825,060Expenses 2017: $3,364,594Net Income 2017: -$539,5342017Revenue 2018: $2,899,506Expenses 2018: $3,074,514Net Income 2018: -$175,0082018Revenue 2019: $1,905,021Expenses 2019: $2,032,292Net Income 2019: -$127,2712019Revenue 2020: $1,027,084Expenses 2020: $1,100,907Net Income 2020: -$73,8232020Revenue 2021: $975,266Expenses 2021: $876,176Net Income 2021: $99,0902021Revenue 2022: $1,411,971Expenses 2022: $1,407,767Net Income 2022: $4,2042022Revenue 2023: $1,553,670Expenses 2023: $1,265,946Net Income 2023: $287,7242023Revenue 2024: $1,345,127Expenses 2024: $1,347,435Net Income 2024: -$2,3082024

Highlighted filing

2024

Revenue$1,345,127
Expenses$1,347,435
Net Income-$2,308
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,190,641
Liabilities
$612,421
Net assets
$578,220
Revenue
$1,345,127
Expenses
$1,347,435
Net income
-$2,308
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.19$0.61$0.58$1.35$1.35$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.12$0.54$0.58$1.55$1.27$0.29
2022Detailed filing. Detailed filing data is available for this year.$0.91$0.62$0.29$1.41$1.41$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.91$0.63$0.29$0.98$0.88$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.85$0.66$0.19$1.03$1.10$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.06$0.80$0.26$1.91$2.03$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.36$0.96$0.39$2.90$3.07$0.18
2017Detailed filing. Detailed filing data is available for this year.$1.81$1.24$0.57$2.83$3.36$0.54
2016Detailed filing. Detailed filing data is available for this year.$2.23$1.12$1.11$2.97$2.50$0.48
2015Detailed filing. Detailed filing data is available for this year.$1.89$1.07$0.82$3.52$3.45$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.10$1.35$0.75$3.76$4.59$0.83
2013Summary only. Only limited summary data is available for this year.$3.17$1.52$1.66$3.80$4.32$0.52
2012Summary only. Only limited summary data is available for this year.$3.16$0.73$2.43$4.75$4.18$0.57
2011Summary only. Only limited summary data is available for this year.$3.21$1.39$1.82$5.02$4.90$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 23, 2025
Return Version
2024v5.1
Gross Receipts
$1,345,127
Mission and Program Overview

Mission

A nonprofit professional and educational society assisting individuals in techniques of safeguarding intellectual property. The society also informs the public concerning the economic significance of licensing or other transfer of technology, industrial and intellectual property.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$980,664$702,234▼ $278,430
Savings and Temporary Cash Investments-$258,905-
Prepaid Expenses and Deferred Charges$42,395$196,108▲ $153,713
Accounts Receivable$95,926$33,394▼ $62,532
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,118,985$1,190,641▲ $71,656
Other Assets Total-$0-
Liabilities
Deferred Revenue$212,990$254,761▲ $41,771
Mortgage Notes Payable Secured by Investment Property$150,000$150,000→ $0
Other Liabilities$136,234$107,374▼ $28,860
Accounts Payable and Accrued Expenses$39,233$100,286▲ $61,053
Total Liabilities$538,457$612,421▲ $73,964
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$564,136$561,828▼ $2,308
Net Assets With Donor Restrictions$16,392$16,392→ $0
Total Net Assets Fund Balance$580,528$578,220▼ $2,308
Total Liabilities and Net Assets / Fund Balance$1,118,985$1,190,641▲ $71,656
Compensation and Service Providers
Top Officer Pay30th percentile

Board Members and Trustees

NameTitle
Evelyn ChenPresident/Chair
Arpi SiyahianDirector
Chitra KalynaramanDirector
Efrat KasznikDirector
Eric GottschlingDirector
Ian DibernardoDirector
Jennifer SouterDirector
Karen TempleDirector
Lalit GaurDirector
Mark ShelleyDirector
Mihaela BoujinDirector
Nicki KennedyDirector
Sam WileyDirector
Rachel KreppelCounsel
Ann CannoniImm Past Pres
Michael PerhamPres Elect
Louise LevienSecretary
Steve HolzenTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Virtual IncManagement401 Edgewater Place Suite 600, Wakefield, MA 01880-
Revenue and Support

Revenue Composition

Contributions and Grants
$130
Program Service Revenue
$1,315,974
Investment Income
$9,748
Other Revenue
$19,275
All Other Contributions
$130
Change in Net Assets
$-2,308
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,332,033
Salaries, Compensation, and Employee Benefits$15,402
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$296,778$277,614-$574,392
Advertising$11,607$98,235-$109,842
All Other Expenses$50,788$7,019-$57,807
Other Expenses$25,756$5,793-$31,549
Insurance$10,003$7,600-$17,603
Other Salaries and Wages$15,041$361-$15,402
Interest$4,136--$4,136
Travel$1,176$351-$1,527
Total Functional Expenses$924,509$422,926$0$1,347,435
International Activity

International Summary

Employees
1
Spending
$165,566

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
United KingdomManagement servicesEvent management01$165,566
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$107,374
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

“The 990 was prepared by the outside accountants and reviewed and approved by the treasurer and the management company.”

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

“All actual and potential conflicts of interests are disclosed by board members to the les executive committee through the annual disclosure form and/or whenever a conflict arises. The disinterested members of the les executive committee make a determination as to whether a conflict exists and what subsequent action is appropriate (if any). The les executive committee informs the board of such determination and action. The board retains the right to modify or reverse such determination and action, and retains the ultimate enforcement authority with respect to the interpretation and application of this policy.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are available to the public by contacting the les office.”

Filing and Contact Details

Filer

Filer Name
Licensing Executives Society
EIN
13-6271591
Phone
7812460500
Address
401 EDGEWATER PLACE 600, WAKEFIELD, MA 01880

Signing Officer

Name
Steve Holzen
Title
Treasurer
Signed
2025-06-23
Discuss with paid preparer
Yes

Organization Details

Formed
1967
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
18
Employees
1
Volunteers
109

Preparer

Firm
Jump Perry and Company LLP
Address
12 Lexington Avenue, Toms River, NJ 08753
Preparer
Donald E Jump CPA
Phone
7322407377
Raw XML AppendixShowing 400 of 537 raw XML fields

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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