Civic Intelligence

LL Global Education Foundation Inc

990 • Fiscal year 2015 • EIN 20-2458799

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 19, 2016

300 Day Hill RoadWindsor, CT 06095

(860) 688-3358

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

100th percentile

$2,425,463

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 6503.1% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

57th percentile

2.7%

Faster asset growth than 57% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

81st percentile

27%

Faster revenue growth than 81% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,144,283

Up $29,610 (+2.7%) from 2014

Net Assets

Up

$1,144,283

Up $29,610 (+2.7%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$37,297

Up $7,880 (+27%) from 2014

Expenses

Down

$19,297

Down $1,173 (-5.7%) from 2014

Net Income

Up

$18,000

Up $9,053 (+101%) from 2014

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 2013: $1,104,873Liabilities 2013: $0Net Assets 2013: $1,104,8732013Assets 2014: $1,114,673Liabilities 2014: $0Net Assets 2014: $1,114,6732014Assets 2015: $1,144,283Liabilities 2015: $0Net Assets 2015: $1,144,2832015Assets 2016: $1,162,093Liabilities 2016: $0Net Assets 2016: $1,162,0932016Assets 2017: $1,200,946Liabilities 2017: $0Net Assets 2017: $1,200,9462017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2015

Assets$1,144,283
Liabilities$0
Net Assets$1,144,283

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2013: $1,109,701Expenses 2013: $0Net Income 2013: $1,109,7012013Revenue 2014: $29,417Expenses 2014: $20,470Net Income 2014: $8,9472014Revenue 2015: $37,297Expenses 2015: $19,297Net Income 2015: $18,0002015Revenue 2016: $30,926Expenses 2016: $16,942Net Income 2016: $13,9842016Revenue 2017: $7,250Expenses 2017: $2,947Net Income 2017: $4,3032017Revenue 2018: $66,196Expenses 2018: $25,161Net Income 2018: $41,0352018

Highlighted filing

2015

Revenue$37,297
Expenses$19,297
Net Income$18,000
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 19, 2016
Return Version
2015v2.1
Gross Receipts
$689,603
Mission and Program Overview

Mission

Promote and fund research, studies, and projects on new and developing elements, trends, and practices of the insurance and financial services industry. Provide scholarship and other tuition funding for educators, authors, researchers, and other members of the public in fields of education whose studies relate to the insurance and financial services industry, and encourage professional development among insurance and financial services students, employees and professionals for the benefit of a better informed public.

Promote and fund research, studies, and projects on new and developing elements, trends, and practices of the insurance and financial services industry. Provide scholarship and other tuition funding for educators, authors, researchers, and other members of the public in fields of education whose studies relate to the insurance and financial services industry; and encourage professional development among insurance and financial services students, employees and professionals for the benefit of a better informed public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,028,818$1,035,224▲ $6,406
Cash and Non-Interest-Bearing Accounts$85,855$109,059▲ $23,204
Total Assets$1,114,673$1,144,283▲ $29,610
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,114,673$1,144,283▲ $29,610
Total Net Assets Fund Balance$1,114,673$1,144,283▲ $29,610
Total Liabilities and Net Assets / Fund Balance$1,114,673$1,144,283▲ $29,610
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert KerznerCEO, President
Curtis H ConnorVice President, Treasurer
David MarconeAssistant Treasurer
Jeffrey HastySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$25,000
Program Service Revenue
$0
Investment Income
$12,297
Other Revenue
$0
All Other Contributions
$25,000
Change in Net Assets
$18,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,297
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$16,389--$16,389
Fees for Service Investment Mgmnt Fees-$2,908-$2,908
Total Functional Expenses$16,389$2,908$0$19,297
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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 B, Line 11

Prior to filing form 990 an electronic version of form is provided to all board members and officers for their review.

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

The organization has an ethics committee which is comprised of officials of its controlling entity (ll global, inc.). In addition to these resources for reporting an ethics concern, the organization utilizes the services of an external hotline to report possible ethical concerns. All concerns reported to the hotline will be reviewed and investigated as appropriate. The purpose of the conflict of interest policy is to proptect the interests of the organization when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of the organization or might result in a possible excess benefit transaction.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are available upon request for legitimate business reasons.

Filing and Contact Details

Filer

Filer Name
Ll Global Education Foundationinc
EIN
20-2458799
Phone
8606883358
Address
300 DAY HILL ROAD, WINDSOR, CT 06095

Signing Officer

Name
David Marcone
Title
Assistant Treasurer
Phone
8606883358
Signed
2016-07-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Kerzner
Formed
2005
Legal Domicile
Ct
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Whittlesey & Hadley Pc
Address
280 TRUMBULL ST 24TH FL, HARTFORD, CT 06103
Preparer
Lisa Wills
Phone
8605223111
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

There have been no changes made to the organizations oversight or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

The organization has no unrecognized tax benefits at december 31, 2015. Management continuously evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. The organization would recognize interest and penalties associated with any tax matters as part of the income tax provision and include accrued interest and penalties with the related tax liability in the consolidated statements which it is part of.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt120417
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt226022
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt326738
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0661975
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROBERT KERZNER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1CURTIS H CONNOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2DAVID MARCONE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3JEFFREY HASTY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO, PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT, TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2ASSISTANT TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt02425463
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1331043
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2169466
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3330056
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIOR TO FILING FORM 990 AN ELECTRONIC VERSION OF FORM IS PROVIDED TO ALL BOARD MEMBERS AND OFFICERS FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS AN ETHICS COMMITTEE WHICH IS COMPRISED OF OFFICIALS OF ITS CONTROLLING ENTITY (LL GLOBAL, INC.). IN ADDITION TO THESE RESOURCES FOR REPORTING AN ETHICS CONCERN, THE ORGANIZATION UTILIZES THE SERVICES OF AN EXTERNAL HOTLINE TO REPORT POSSIBLE ETHICAL CONCERNS. ALL CONCERNS REPORTED TO THE HOTLINE WILL BE REVIEWED AND INVESTIGATED AS APPROPRIATE. THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO PROPTECT THE INTERESTS OF THE ORGANIZATION WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE ORGANIZATION OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR LEGITIMATE BUSINESS REASONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE HAVE BEEN NO CHANGES MADE TO THE ORGANIZATIONS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0LL GLOBAL INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0061638159
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0CT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0PROVIDES SERVICES TO INSURANCE INDUSTRY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0LL GLOBAL SERVICES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0300 DAY HILL ROAD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0WINDSOR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0CT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd006095
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LL GLOBAL INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0261339203
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDES SERVICES TO INSURANCE INDUSTRY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0300 DAY HILL ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WINDSOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd006095
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01114673
IRS990/TotalAssetsEOYAmt01144283
IRS990/TotalAssetsGrp/BOYAmt01114673
IRS990/TotalAssetsGrp/EOYAmt01144283
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt025000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02908
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt016389
IRS990/TotalFunctionalExpensesGrp/TotalAmt019297
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01114673
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01144283
IRS990/TotalOtherCompensationAmt0112239
IRS990/TotalProgramServiceExpensesAmt016389
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt012297
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt037297
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01114673
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01144283
IRS990/TotReportableCompRltdOrgAmt03143789
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01114673
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01144283
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0300 DAY HILL ROAD
IRS990/USAddress/CityNm0WINDSOR
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006095
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID MARCONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ASSISTANT TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08606883358
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-07-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LL GLOBAL EDUCATION FOUNDATIONINC
ReturnHeader/Filer/BusinessNameControlTxt0LLGL
ReturnHeader/Filer/EIN0202458799
ReturnHeader/Filer/PhoneNum08606883358
ReturnHeader/Filer/USAddress/AddressLine1Txt0300 DAY HILL ROAD
ReturnHeader/Filer/USAddress/CityNm0WINDSOR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006095

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