Civic Intelligence

Global Business School Network

990 • Fiscal year 2018 • EIN 20-0670910

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 30, 2019

1010 Vermont Ave NW No 201Washington, DC 20005-4971

(202) 628-9040

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.19x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

57th percentile

0.13x

Higher debt load relative to revenue than 57% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

7th percentile

-41%

Higher net margin than 7% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

4th percentile

-31%

Faster asset growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

14th percentile

-21%

Faster revenue growth than 14% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$734,641

Down $334,317 (-31%) from 2017

Net Assets

Down

$591,847

Down $448,289 (-43%) from 2017

Liabilities

Up

$142,794

Up $113,972 (+395%) from 2017

Revenue

Down

$1,089,990

Down $287,726 (-21%) from 2017

Expenses

Up

$1,538,279

Up $639,862 (+71%) from 2017

Net Income

Down

-$448,289

Down $927,588 (-194%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $198,625Liabilities 2011: $15,797Net Assets 2011: $182,8282011Assets 2012: $316,378Liabilities 2012: $30,606Net Assets 2012: $285,7722012Assets 2013: $397,128Liabilities 2013: $164,080Net Assets 2013: $233,0482013Assets 2014: $378,544Liabilities 2014: $19,013Net Assets 2014: $359,5312014Assets 2015: $629,132Liabilities 2015: $14,880Net Assets 2015: $614,2522015Assets 2016: $583,102Liabilities 2016: $22,267Net Assets 2016: $560,8352016Assets 2017: $1,068,958Liabilities 2017: $28,822Net Assets 2017: $1,040,1362017Assets 2018: $734,641Liabilities 2018: $142,794Net Assets 2018: $591,8472018Assets 2019: $740,882Liabilities 2019: $34,137Net Assets 2019: $706,7452019Assets 2020: $852,201Liabilities 2020: $76,964Net Assets 2020: $775,2372020Assets 2021: $798,351Liabilities 2021: $40,211Net Assets 2021: $758,1402021Assets 2022: $548,475Liabilities 2022: $82,610Net Assets 2022: $465,8652022Assets 2023: $367,452Liabilities 2023: $26,476Net Assets 2023: $340,9762023Assets 2024: $484,392Liabilities 2024: $10,584Net Assets 2024: $473,8082024

Highlighted filing

2018

Assets$734,641
Liabilities$142,794
Net Assets$591,847

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $449,810Expenses 2011: $571,592Net Income 2011: -$121,7822011Revenue 2012: $588,637Expenses 2012: $485,693Net Income 2012: $102,9442012Revenue 2013: $825,276Expenses 2013: $878,000Net Income 2013: -$52,7242013Revenue 2014: $771,623Expenses 2014: $645,140Net Income 2014: $126,4832014Revenue 2015: $1,317,995Expenses 2015: $1,063,274Net Income 2015: $254,7212015Revenue 2016: $695,200Expenses 2016: $748,617Net Income 2016: -$53,4172016Revenue 2017: $1,377,716Expenses 2017: $898,417Net Income 2017: $479,2992017Revenue 2018: $1,089,990Expenses 2018: $1,538,279Net Income 2018: -$448,2892018Revenue 2019: $858,869Expenses 2019: $743,971Net Income 2019: $114,8982019Revenue 2020: $817,531Expenses 2020: $749,039Net Income 2020: $68,4922020Revenue 2021: $759,532Expenses 2021: $776,629Net Income 2021: -$17,0972021Revenue 2022: $817,243Expenses 2022: $1,109,518Net Income 2022: -$292,2752022Revenue 2023: $899,977Expenses 2023: $1,024,866Net Income 2023: -$124,8892023Revenue 2024: $894,518Expenses 2024: $761,686Net Income 2024: $132,8322024

Highlighted filing

2018

Revenue$1,089,990
Expenses$1,538,279
Net Income-$448,289
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 30, 2019
Return Version
2018v3.1
Gross Receipts
$1,089,990
Mission and Program Overview

Mission

Gbsn is an international non-profit organization working to improve access to quality locally relevant management and entrepreneurship education for the developing world.

The objectives and purposes of the organization are (1) to foster, promote, and encourage education and training in the field of business and business management; (2) to assist business schools and universities in identifying and implementing projects to improve their capacity to provide business education for students and local businesses; (3) to promote the free exchange of information and knowledge in business education between persons in the united states and other developed countries and persons in developing countries; and (4) to facilitate opportunities for students and managers to gain practical experience in business management.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$93,262$368,628▲ $275,366
Savings and Temporary Cash Investments$317,197$317,910▲ $713
Pledges and Grants Receivable$638,170$30,350▼ $607,820
Prepaid Expenses and Deferred Charges$7,962$7,304▼ $658
Land, Buildings, and Equipment, Net$5,267$3,349▼ $1,918
Total Assets$1,068,958$734,641▼ $334,317
Other Assets Total$7,100$7,100→ $0
Liabilities
Accounts Payable and Accrued Expenses$24,801$114,735▲ $89,934
Deferred Revenue$4,021$28,059▲ $24,038
Total Liabilities$28,822$142,794▲ $113,972
Net Assets / Fund Balance
Temporarily Rstr Net Assets$668,483$429,382▼ $239,101
Unrestricted Net Assets$371,653$162,465▼ $209,188
Total Net Assets Fund Balance$1,040,136$591,847▼ $448,289
Total Liabilities and Net Assets / Fund Balance$1,068,958$734,641▼ $334,317

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,349$30,393$33,742
Compensation and Service Providers

Board Members and Trustees

NameTitle
Soumitra DuttaChair
Rebecca StromeyerVice-chair
Amadou DialloDirector
Bob KennedyDirector
Dennis HannoDirector
Guy PfeffermannDirector
Landis GabelDirector
Nelly AkothDirector
Stephan KuhnDirector
Fabienne JolivertExecutive Director
Stephen SaccaChief Executive Officer Until April 2018
Page BuchananChief Operating Officer Until April 2018
Amedee ProuvostTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
JustworksManagement Services601 W 26TH ST, New York City, NY 10001$386,590
Revenue and Support

Revenue Composition

Contributions and Grants
$1,052,183
Program Service Revenue
$35,135
Investment Income
$1,210
Other Revenue
$1,462
All Other Contributions
$766,733
Change in Net Assets
$-448,289

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,089,990
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,089,990
Total Revenue per Form 990
$1,089,990
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,538,279
Total Fundraising Expense$17,641
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$905,973$9,714$550$916,237
Fees for Services Management$190,131$170,208$14,476$374,815
Occupancy$31,006$27,757$2,361$61,124
Conferences and Meetings$49,904$5,721$144$55,769
Travel$37,821$1,234$110$39,165
Fees for Services Accounting-$30,374-$30,374
Other Expenses-$19,035-$19,035
Office Expenses$8,308$9,509-$17,817
Information Technology$3,117$6,526-$9,643
Advertising-$7,389-$7,389
Insurance$179$3,744-$3,923
Depreciation Depletion-$1,918-$1,918
Fees for Services Legal-$1,070-$1,070
Total Functional Expenses$1,226,439$294,199$17,641$1,538,279

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,538,279
Total Expenses per Audited Statements$1,538,279
Total Expenses per Form 990$1,538,279
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$983,333

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
Sub-saharan Africa - Angola, Benin, Botswana, Burkina Faso,Program ServicesManagement Development Institute00$983,333
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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 A, Line 3

Effective 1/1/2018, staff are employees of justworks. Therefore, justworks provides management services for global business school network. In 2018, justworks provided compensation to the following officers of global business school network: page buchanan - wages: $30,577 - pension: $1,323 fabienne jolivert - wages: $87,442 - pension: $3,911 - benefits: $5,223 stephen sacca - wages: $48,982 - pension: $2,191

Form 990, Part VI, Section A, Line 4

The organization amended its bylaws to eliminate the board secretary role and the requirement for an executive comittee. The bylaws were also amended to eliminate the requirement of the board of directors review and approval of all proposals and requests for funds or to authorize payments to grantees. In addition, the bylaws were amended to allow advisory board members to be appointed at the discretion of the chief executive officer.

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

The prepared form 990 is reviewed by senior management and is sent to all members of the governing body for review before the return is filed with the irs.

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

Each director completes a conflict of interest disclosure statement on an annual basis in order to assist the organization in identifying potential conflicts of interest. The conflict of interest policy is monitored regularly. Whenever a staff member becomes aware of a potential conflict of interest in an area where s/he exercises any discretion in carrying out her/his duties for the organization, s/he promptly discloses the potential conflict to an immediate supervisor or the designated human resources representative. If an officer has a potential conflict, s/he discloses it to the governing body. The person or body to whom disclosure is made determines whether there is a conflict that requires recusal of the employee. When a conflict is found to exist, the employee provides all information s/he has relevant to any decision to be made in which s/he has an interest and the final decision is made by the officers.

Form 990, Part VI, Section B, Line 15A

The independent membership of the governing body annually conducts a performance review of top management. The top management's compensation is reviewed and compared to public information about compensation paid by comparable organizations for similar positions. The governing body approves compensation with an official vote with discussion and results recorded in meeting minutes.

Form 990, Part VI, Section C, Line 19

The organization made its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Global Business School Network
EIN
20-0670910
Phone
2026289040
Address
1010 VERMONT AVE NW NO 201, WASHINGTON, DC 20005-4971

Signing Officer

Name
Dan Leclair
Title
Chief Executive Officer
Phone
2026289040
Signed
2019-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Leclair
Formed
2003
Legal Domicile
Dc
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Wegner Cpas Llp
Address
419 N LEE ST, ALEXANDRIA, VA 22314-2301
Preparer
Glenn Miller CPA
Phone
7035190990
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional program consulting services: program service expenses 905,973. Management and general expenses 9,714. Fundraising expenses 550. Total expenses 916,237.

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IRS990/Desc0NETWORK SERVICES: WITH A GROWING NETWORK OF OVER 70 LEADING BUSINESS SCHOOLS IN 6 CONTINENTS, GBSN OFFERS PROGRAMS THAT IMPROVE MANAGEMENT EDUCATION FOR EMERGING ECONOMIES BY ENGAGING MEMBER BUSINESS SCHOOLS FROM AROUND THE WORLD. GBSN FOSTERS CROSS-BORDER NETWORKING, KNOWLEDGE SHARING AND COLLABORATION BOTH WITHIN THE NETWORK MEMBERSHIP AND WITH THE BROADER BUSINESS EDUCATION AND DEVELOPMENT COMMUNITIES. NEW AND EMERGING SCHOOLS ARE INVITED TO PARTICIPATE IN OPEN EVENTS AROUND THE GLOBE AND PARTNER WITH GBSN TO BUILD CAPACITY. GBSN'S FOUNDING PURPOSE WAS TO SUPPORT THE DEVELOPMENT OF QUALITY MANAGEMENT EDUCATION FOR THE DEVELOPING WORLD, AND THE ORGANIZATION MAINTAINS THAT MISSION TODAY. GBSN MEMBERSHIP PROVIDES EXCLUSIVE LEADERSHIP, NETWORKING AND ENGAGEMENT OPPORTUNITIES FOR LEADING BUSINESS SCHOOLS THAT SHARE GBSN'S MISSION. GBSN PARTNERS WITH VARIOUS INTERNATIONAL AND REGIONAL BUSINESS SCHOOL ASSOCIATIONS ON PROGRAMS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHIEF OPERATING OFFICER UNTIL APRIL 2018
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF EXECUTIVE OFFICER UNTIL APRIL 2018
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01089990
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt06526
IRS990/InformationTechnologyGrp/ProgramServicesAmt03117
IRS990/InformationTechnologyGrp/TotalAmt09643
IRS990/InsuranceGrp/ManagementAndGeneralAmt03744
IRS990/InsuranceGrp/ProgramServicesAmt0179
IRS990/InsuranceGrp/TotalAmt03923
IRS990/InvestmentIncomeGrp/ExclusionAmt01210
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01210
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt030393
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05267
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03349
IRS990/LandBldgEquipCostOrOtherBssAmt033742
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0285450
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt01462
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt01462
IRS990/MissionDesc0GBSN IS AN INTERNATIONAL NON-PROFIT ORGANIZATION WORKING TO STRENGTHEN MANAGEMENT EDUCATION FOR EMERGING MARKETS THROUGH A UNIQUE GLOBAL NETWORK OF BUSINESS SCHOOLS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01040136
IRS990/NetAssetsOrFundBalancesEOYAmt0591847
IRS990/NetUnrelatedBusTxblIncmAmt0334
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt02361
IRS990/OccupancyGrp/ManagementAndGeneralAmt027757
IRS990/OccupancyGrp/ProgramServicesAmt031006
IRS990/OccupancyGrp/TotalAmt061124
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09509
IRS990/OfficeExpensesGrp/ProgramServicesAmt08308
IRS990/OfficeExpensesGrp/TotalAmt017817
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07100
IRS990/OtherAssetsTotalGrp/EOYAmt07100
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt019035
IRS990/OtherExpensesGrp/TotalAmt019035
IRS990/OtherRevenueTotalAmt01462
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0638170
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt030350
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07962
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07304
IRS990/PrincipalOfficerNm0DAN LECLAIR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/Desc0MEETINGS AND EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt035135
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt035135
IRS990/ProgSrvcAccomActy2Grp/Desc0ADVISORY SERVICES: GBSN WORKS WITH A WIDE RANGE OF INSTITUTIONS, NOT JUST MEMBERS, TO FACILITATE INTERNATIONAL COLLABORATION IN ALL DIRECTIONS BETWEEN EDUCATORS SO THAT SCHOOLS AT DIFFERENT STAGES OF DEVELOPMENT CAN LEARN FROM ONE ANOTHER. THROUGH PARTNERSHIPS WITH INDUSTRY, DEVELOPMENT AGENCIES, FOUNDATIONS, AND SCHOOLS. GBSN PROGRAMS BUILD LOCAL CAPACITY TO DELIVER QUALITY MANAGEMENT EDUCATION. PROGRAMS PROVIDE ASSISTANCE WITH STRATEGIC PLANNING, FACULTY DEVELOPMENT, PROGRAM DESIGN OR REVIEW. GBSN'S NETWORK APPROACH AND LOW MANAGEMENT COSTS PROVIDE A COST EFFECTIVE PLATFORM TO BUILD PROGRAMS FOR SCHOOLS IN LOW-INCOME COUNTRIES. GBSN ALSO HELPS SCHOOLS AND ORGANIZATIONS REACH OUT TO FUNDING AGENCIES AND STRENGTHEN FUNDING PROPOSALS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0979069
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01324121
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01854
IRS990/PYOtherExpensesAmt0476837
IRS990/PYOtherRevenueAmt0288
IRS990/PYProgramServiceRevenueAmt051453
IRS990/PYRevenuesLessExpensesAmt0479299
IRS990/PYSalariesCompEmpBnftPaidAmt0421580
IRS990/PYTotalExpensesAmt0898417
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01377716
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-448289
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt035135
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0317197
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0317910
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01052183
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01324121
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0621070
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01118824
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0597668
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04713866
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01210
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01854
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01441
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01513
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0316
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06334
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt086588
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.68570
IRS990ScheduleA/PublicSupportPY170Pct00.80710
IRS990ScheduleA/PublicSupportTotal170Amt03237755
IRS990ScheduleA/SubstantialContributorsTotAmt01476111
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01052183
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01324121
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0621070
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01118824
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0597668
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04713866
IRS990ScheduleA/TotalSupportAmt04721950
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt01462
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt0288
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt01750
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01538279
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03349
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030393
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt033742
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01089990
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03349
IRS990ScheduleD/TotalExpensesPerForm990Amt01538279
IRS990ScheduleD/TotalRevenuePerForm990Amt01089990
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01089990
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01538279
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0983333
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0MANAGEMENT DEVELOPMENT INSTITUTE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0983333
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ACCOUNTS FOR EXPENDITURES IN THE LISTED REGIONS USING THE ACCRUAL METHOD OF ACCOUNTING.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0983333
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EFFECTIVE 1/1/2018, STAFF ARE EMPLOYEES OF JUSTWORKS. THEREFORE, JUSTWORKS PROVIDES MANAGEMENT SERVICES FOR GLOBAL BUSINESS SCHOOL NETWORK. IN 2018, JUSTWORKS PROVIDED COMPENSATION TO THE FOLLOWING OFFICERS OF GLOBAL BUSINESS SCHOOL NETWORK: PAGE BUCHANAN - WAGES: $30,577 - PENSION: $1,323 FABIENNE JOLIVERT - WAGES: $87,442 - PENSION: $3,911 - BENEFITS: $5,223 STEPHEN SACCA - WAGES: $48,982 - PENSION: $2,191
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION AMENDED ITS BYLAWS TO ELIMINATE THE BOARD SECRETARY ROLE AND THE REQUIREMENT FOR AN EXECUTIVE COMITTEE. THE BYLAWS WERE ALSO AMENDED TO ELIMINATE THE REQUIREMENT OF THE BOARD OF DIRECTORS REVIEW AND APPROVAL OF ALL PROPOSALS AND REQUESTS FOR FUNDS OR TO AUTHORIZE PAYMENTS TO GRANTEES. IN ADDITION, THE BYLAWS WERE AMENDED TO ALLOW ADVISORY BOARD MEMBERS TO BE APPOINTED AT THE DISCRETION OF THE CHIEF EXECUTIVE OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PREPARED FORM 990 IS REVIEWED BY SENIOR MANAGEMENT AND IS SENT TO ALL MEMBERS OF THE GOVERNING BODY FOR REVIEW BEFORE THE RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH DIRECTOR COMPLETES A CONFLICT OF INTEREST DISCLOSURE STATEMENT ON AN ANNUAL BASIS IN ORDER TO ASSIST THE ORGANIZATION IN IDENTIFYING POTENTIAL CONFLICTS OF INTEREST. THE CONFLICT OF INTEREST POLICY IS MONITORED REGULARLY. WHENEVER A STAFF MEMBER BECOMES AWARE OF A POTENTIAL CONFLICT OF INTEREST IN AN AREA WHERE S/HE EXERCISES ANY DISCRETION IN CARRYING OUT HER/HIS DUTIES FOR THE ORGANIZATION, S/HE PROMPTLY DISCLOSES THE POTENTIAL CONFLICT TO AN IMMEDIATE SUPERVISOR OR THE DESIGNATED HUMAN RESOURCES REPRESENTATIVE. IF AN OFFICER HAS A POTENTIAL CONFLICT, S/HE DISCLOSES IT TO THE GOVERNING BODY. THE PERSON OR BODY TO WHOM DISCLOSURE IS MADE DETERMINES WHETHER THERE IS A CONFLICT THAT REQUIRES RECUSAL OF THE EMPLOYEE. WHEN A CONFLICT IS FOUND TO EXIST, THE EMPLOYEE PROVIDES ALL INFORMATION S/HE HAS RELEVANT TO ANY DECISION TO BE MADE IN WHICH S/HE HAS AN INTEREST AND THE FINAL DECISION IS MADE BY THE OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE INDEPENDENT MEMBERSHIP OF THE GOVERNING BODY ANNUALLY CONDUCTS A PERFORMANCE REVIEW OF TOP MANAGEMENT. THE TOP MANAGEMENT'S COMPENSATION IS REVIEWED AND COMPARED TO PUBLIC INFORMATION ABOUT COMPENSATION PAID BY COMPARABLE ORGANIZATIONS FOR SIMILAR POSITIONS. THE GOVERNING BODY APPROVES COMPENSATION WITH AN OFFICIAL VOTE WITH DISCUSSION AND RESULTS RECORDED IN MEETING MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROFESSIONAL PROGRAM CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 905,973. MANAGEMENT AND GENERAL EXPENSES 9,714. FUNDRAISING EXPENSES 550. TOTAL EXPENSES 916,237.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0668483
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0429382
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01068958
IRS990/TotalAssetsEOYAmt0734641

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.01$0.47$0.89$0.76$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.03$0.34$0.90$1.02$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.08$0.47$0.82$1.11$0.29
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.04$0.76$0.76$0.78$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.08$0.78$0.82$0.75$0.07
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.03$0.71$0.86$0.74$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.73$0.14$0.59$1.09$1.54$0.45
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.03$1.04$1.38$0.90$0.48
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.02$0.56$0.70$0.75$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.01$0.61$1.32$1.06$0.25
2014Summary only. Only limited summary data is available for this year.$0.38$0.02$0.36$0.77$0.65$0.13
2013Summary only. Only limited summary data is available for this year.$0.40$0.16$0.23$0.83$0.88$0.05
2012Summary only. Only limited summary data is available for this year.$0.32$0.03$0.29$0.59$0.49$0.10
2011Summary only. Only limited summary data is available for this year.$0.20$0.02$0.18$0.45$0.57$0.12