Civic Intelligence

Chief Executives Organization Inc

990 • Fiscal year 2015 • EIN 20-5778912

Nov 01, 2014 to Oct 31, 2015 • Filed on Jul 08, 2016

1825 K Street NW No 1450Washington, DC 20006

(202) 813-1901

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.60x

Higher debt load relative to assets than 83% of similar nonprofits.

2015 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

70th percentile

0.53x

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

2015 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2015

Net Margin

40th percentile

2.8%

Higher net margin than 40% of similar nonprofits.

2015 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

42nd percentile

$335,186

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2015 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2015

Asset Growth

14th percentile

-6.1%

Faster asset growth than 14% of similar nonprofits.

2015 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

85th percentile

15%

Faster revenue growth than 85% of similar nonprofits.

2015 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Down

$16,175,486

Down $1,046,214 (-6.1%) from 2014

Net Assets

Down

$6,401,585

Down $119,117 (-1.8%) from 2014

Liabilities

Down

$9,773,901

Down $927,097 (-8.7%) from 2014

Revenue

Up

$18,283,280

Up $2,429,426 (+15%) from 2014

Expenses

Up

$17,768,015

Up $2,468,560 (+16%) from 2014

Net Income

Down

$515,265

Down $39,134 (-7.1%) from 2014

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $15,378,203Liabilities 2011: $10,192,265Net Assets 2011: $5,185,9382011Assets 2012: $13,501,911Liabilities 2012: $8,091,446Net Assets 2012: $5,410,4652012Assets 2013: $17,388,167Liabilities 2013: $11,041,945Net Assets 2013: $6,346,2222013Assets 2014: $17,221,700Liabilities 2014: $10,700,998Net Assets 2014: $6,520,7022014Assets 2015: $16,175,486Liabilities 2015: $9,773,901Net Assets 2015: $6,401,5852015Assets 2016: $13,294,512Liabilities 2016: $7,799,992Net Assets 2016: $5,494,5202016Assets 2017: $19,960,143Liabilities 2017: $13,872,719Net Assets 2017: $6,087,4242017Assets 2018: $18,747,972Liabilities 2018: $12,663,841Net Assets 2018: $6,084,1312018Assets 2019: $22,376,485Liabilities 2019: $15,210,411Net Assets 2019: $7,166,0742019Assets 2020: $18,550,199Liabilities 2020: $10,607,316Net Assets 2020: $7,942,8832020Assets 2021: $26,479,096Liabilities 2021: $16,759,186Net Assets 2021: $9,719,9102021Assets 2022: $26,958,700Liabilities 2022: $18,905,099Net Assets 2022: $8,053,6012022Assets 2023: $32,219,890Liabilities 2023: $22,839,267Net Assets 2023: $9,380,6232023Assets 2024: $36,484,819Liabilities 2024: $23,549,331Net Assets 2024: $12,935,4882024

Highlighted filing

2015

Assets$16,175,486
Liabilities$9,773,901
Net Assets$6,401,585

Operations Trend

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

$40M$30M$20M$10M$0-$10MRevenue 2011: $11,667,176Expenses 2011: $11,157,759Net Income 2011: $509,4172011Revenue 2012: $15,672,082Expenses 2012: $15,444,279Net Income 2012: $227,8032012Revenue 2013: $14,266,768Expenses 2013: $13,659,307Net Income 2013: $607,4612013Revenue 2014: $15,853,854Expenses 2014: $15,299,455Net Income 2014: $554,3992014Revenue 2015: $18,283,280Expenses 2015: $17,768,015Net Income 2015: $515,2652015Revenue 2016: $16,335,572Expenses 2016: $16,848,368Net Income 2016: -$512,7962016Revenue 2017: $15,508,241Expenses 2017: $15,757,394Net Income 2017: -$249,1532017Revenue 2018: $22,167,936Expenses 2018: $21,551,468Net Income 2018: $616,4682018Revenue 2019: $19,460,518Expenses 2019: $18,894,738Net Income 2019: $565,7802019Revenue 2020: $14,305,658Expenses 2020: $12,839,109Net Income 2020: $1,466,5492020Revenue 2021: $13,253,841Expenses 2021: $12,327,775Net Income 2021: $926,0662021Revenue 2022: $18,432,792Expenses 2022: $18,119,621Net Income 2022: $313,1712022Revenue 2023: $25,345,997Expenses 2023: $24,188,782Net Income 2023: $1,157,2152023Revenue 2024: $34,935,557Expenses 2024: $33,277,801Net Income 2024: $1,657,7562024

Highlighted filing

2015

Revenue$18,283,280
Expenses$17,768,015
Net Income$515,265
Jump To
Filing Snapshot
Filing Period
Nov 1, 2014 to Oct 31, 2015
Signed
Jul 8, 2016
Return Version
2014v6.0
Gross Receipts
$23,401,491
Mission and Program Overview

Mission

The Chief Executives Organization, Inc. is a not-for-profit membership organization for chief executives who are graduate leaders from the Young Presidents Organization. The Organization's principal purposes are to further the exchange and dissemination of ideas, experiences, and values relating to business management through continuing education and idea exchange and to foster the improvement of executive practices.

To further the exchange and dissemination of ideas, experiences, and values.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,995,258$9,962,791▼ $32,467
Savings and Temporary Cash Investments$4,506,146$2,802,042▼ $1,704,104
Prepaid Expenses and Deferred Charges$2,247,547$1,801,465▼ $446,082
Land, Buildings, and Equipment, Net$379,753$1,452,576▲ $1,072,823
Accounts Receivable$44,671$124,785▲ $80,114
Inventories for Sale or Use$247$849▲ $602
Cash and Non-Interest-Bearing Accounts$300$300→ $0
Total Assets$17,221,700$16,175,486▼ $1,046,214
Other Assets Total$47,778$30,678▼ $17,100
Liabilities
Deferred Revenue$9,944,488$8,089,796▼ $1,854,692
Accounts Payable and Accrued Expenses$756,510$1,684,105▲ $927,595
Total Liabilities$10,700,998$9,773,901▼ $927,097
Net Assets / Fund Balance
Unrestricted Net Assets$6,520,702$6,401,585▼ $119,117
Total Net Assets Fund Balance$6,520,702$6,401,585▼ $119,117
Total Liabilities and Net Assets / Fund Balance$17,221,700$16,175,486▼ $1,046,214

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,157,953$265,233$1,423,186
Leasehold Improvements$294,623$142,625$437,248
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Allan M GeigerExecutive DirectorFT$296,608$39,043$335,651
Natalie NoakesDirector of EventsFT$141,417$24,013$165,430
Jennifer Lehmann WengDirector of EducationFT$124,934$33,579$158,513
Angie LawryDirector of Mar/COMFT$133,762$21,874$155,636
Carolyn AebyDirector of MembershipFT$136,797$8,208$145,005
Mary KlineCorporate SecretaryFT$105,737$12,683$118,420
David SigmanDirector of Finance and AdminFT$101,068$12,402$113,470
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$17,913,247
Investment Income
$351,790
Other Revenue
$18,243
Change in Net Assets
$515,265

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,283,280
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-645,283
Total Revenue per Audited Statements
$17,637,997
Total Revenue per Form 990
$18,283,280
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,348,105
Salaries, Compensation, and Employee Benefits$3,419,910
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$8,508,384
Travel---$4,080,183
Other Salaries and Wages---$2,417,965
Current Officers, Directors, Trustees, and Key Employees---$501,082
Occupancy---$307,137
Information Technology---$272,734
Payroll Taxes---$207,558
Office Expenses---$204,285
Depreciation Depletion---$170,489
Other Employee Benefits---$159,941
Pension Plan Contributions---$133,364
Insurance---$130,369
Fees for Services Other---$118,494
All Other Expenses---$89,989
Fees for Services Accounting---$52,038
Other Expenses---$47,450
Advertising---$33,616
Fees for Services Legal---$9,629
Total Functional Expenses$0$0$0$17,768,015

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$17,768,015
Total Expenses per Form 990$17,768,015
Total Expenses per Audited Statements$17,757,114
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-10,901
International Activity

International Summary

Offices
0
Employees
0
Spending
$5,986,054

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
EuropeProgram ServiceEducational Events00$2,770,293
East Asia and the PacificProgram ServiceEducational Events00$1,653,143
Middle East and North AfricaProgram ServiceEducational Events00$982,661
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,Program ServiceEducational Events00$163,533
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Program ServiceEducational Events00$145,398
North AmericaProgram ServiceEducational Events00$143,605
Sub-saharan AfricaProgram ServiceEducational Events00$127,421
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
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
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has two classes of members (1) one with voting rights (the members) and (2) one with no voting rights (honorary members). Members of the organization shall be former leaders of the young presidents organization (ypo), who reached the age of forty-eight and who have been recommended for membership by the membership committee. Prospective members must be approved by the board of directors. Honorary members are either former members of the ypo selected for their singular contribution to ceo or non-ypo members selected for distinctive accomplishments in their respective fields.

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

Directors of the board are elected by the membership at its annual meeting.

Form 990, Part VI, Section A, Line 7B

Members are entitled to vote on all matters raised at meetings of the members of the organization. The annual meeting of the members is held at the site and time of an event held at the end of the fiscal year for the purpose of electing directors and transacting other business.

Form 990, Part VI, Section B, Line 11

The organization provides the secretary/treasurer with a copy of the form 990 and it was made available for review by the board of directors.

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

A questionnaire is sent annually to every ceo board member. They are asked a series of questions including whether they have a business or family relationship with any other officer, director, trustee, or key employee of the organization. They are also asked to describe any business transactions, including dollar amount and percentage of ownership, made with the conflicting party. Any family members who are employed by the organization are also disclosed.

Form 990, Part VI, Section B, Line 15

For the executive director, comparability data is analyzed and compensation is recommended by the compensation committee, which consists of the past president, current president, president elect and secretary treasurer, and approved by the executive committee, which may exercise the authority of the board in this matter. A performance review is conducted annually, immediately following the close of the fiscal year, by the outgoing president and incoming president. This review, along with any bonus recommendation, is reviewed by the compensation committee and approved by the executive committee. For key employees, the executive director makes recommmendations to the compensation committee, which approves, disapproves or adjusts.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Chief Executives Organization Inc
EIN
20-5778912
Phone
2028131901
Address
1825 K STREET NW NO 1450, WASHINGTON, DC 20006
Doing Business As
CEO

Signing Officer

Name
Allan M Geiger
Title
Executive Director
Phone
2028131901
Signed
2016-07-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Allan M Geiger
Formed
1958
Legal Domicile
De
Voting Board Members
49
Independent Board Members
49
Employees
37
Volunteers
100

Preparer

Firm
Tate and Tryon
Address
2021 L STREET NW SUITE 400, WASHINGTON, DC 20036
Preparer
Frederick Longwood
Phone
2022932200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Foreign currency exchange -249,159.

FORM 990, PART XII, LINE 2C:

The audit oversight process has remained unchanged from the previous year.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Foreign currency exchange -249,159. Loss on disposal of assets 965. Loss on sublease -11,866.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Loss on disposal of assets 965. Loss on sublease -11,866.

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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd40X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt470
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IRS990/Form990PartVIISectionAGrp/PersonNm0DANIEL M BEJARANO
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES A DICK
IRS990/Form990PartVIISectionAGrp/PersonNm2CARL R BISTANY
IRS990/Form990PartVIISectionAGrp/PersonNm3DONALD T BOLLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm4CRAIG W BRANIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm5STEPHEN KNIGHT POND
IRS990/Form990PartVIISectionAGrp/PersonNm6THOMAS D RUTHERFOORD JR
IRS990/Form990PartVIISectionAGrp/PersonNm7JAMES ROBERT SOBECK
IRS990/Form990PartVIISectionAGrp/PersonNm8NORMAN ADLER AC
IRS990/Form990PartVIISectionAGrp/PersonNm9JAMSHEED AMERI
IRS990/Form990PartVIISectionAGrp/PersonNm10DIETER AMMER
IRS990/Form990PartVIISectionAGrp/PersonNm11GEORGE S ARMOYAN
IRS990/Form990PartVIISectionAGrp/PersonNm12CLAIRE LEWIS ARNOLD
IRS990/Form990PartVIISectionAGrp/PersonNm13RAMNEEK BAKHSHI
IRS990/Form990PartVIISectionAGrp/PersonNm14JAMES L BILDNER
IRS990/Form990PartVIISectionAGrp/PersonNm15HANS C BOGH-SORENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm16MICHAEL J COLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm17PHILIPPE DE GASPE BEAUBIEN III
IRS990/Form990PartVIISectionAGrp/PersonNm18RENATO T DE GUZMAN
IRS990/Form990PartVIISectionAGrp/PersonNm19EDUARD DUBBERS-ALBRECHT
IRS990/Form990PartVIISectionAGrp/PersonNm20NEVEEN H EL-TAHRI
IRS990/Form990PartVIISectionAGrp/PersonNm21CORDIA HARRINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm22ERNEST M HIGA
IRS990/Form990PartVIISectionAGrp/PersonNm23GEORGE A ISAAC III
IRS990/Form990PartVIISectionAGrp/PersonNm24JAY SCOTT JENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm25PETER A JUPP
IRS990/Form990PartVIISectionAGrp/PersonNm26SHAHID R KHAN
IRS990/Form990PartVIISectionAGrp/PersonNm27JOHN P KOTTS
IRS990/Form990PartVIISectionAGrp/PersonNm28ALLAN H LIU
IRS990/Form990PartVIISectionAGrp/PersonNm29JON E LOVE
IRS990/Form990PartVIISectionAGrp/PersonNm30ANDREAS G MADAUS
IRS990/Form990PartVIISectionAGrp/PersonNm31SEBASTIAN SW MAN
IRS990/Form990PartVIISectionAGrp/PersonNm32NICOLAS MARISCAL
IRS990/Form990PartVIISectionAGrp/PersonNm33FRANZISKA R MUELLER TIBERINI
IRS990/Form990PartVIISectionAGrp/PersonNm34NANETTE NOLAND
IRS990/Form990PartVIISectionAGrp/PersonNm35EDUARDO PACHECO
IRS990/Form990PartVIISectionAGrp/PersonNm36YVES J PATERNOT
IRS990/Form990PartVIISectionAGrp/PersonNm37DANIEL I SCHWARTZ
IRS990/Form990PartVIISectionAGrp/PersonNm38JAKA A SINGGIH
IRS990/Form990PartVIISectionAGrp/PersonNm39YGAL SONENSHINE
IRS990/Form990PartVIISectionAGrp/PersonNm40ROLAND V STURM
IRS990/Form990PartVIISectionAGrp/PersonNm41ISHWAR SUBRAMANIAN
IRS990/Form990PartVIISectionAGrp/PersonNm42DENNIS T L SUN
IRS990/Form990PartVIISectionAGrp/PersonNm43JACK J TEICH
IRS990/Form990PartVIISectionAGrp/PersonNm44J CHARLES THEISEN
IRS990/Form990PartVIISectionAGrp/PersonNm45ARNI THORSTEINSON
IRS990/Form990PartVIISectionAGrp/PersonNm46CHRISTINE J TORETTI
IRS990/Form990PartVIISectionAGrp/PersonNm47DONALD M WOLF
IRS990/Form990PartVIISectionAGrp/PersonNm48HARRY A XYDAS
IRS990/Form990PartVIISectionAGrp/PersonNm49ALLAN M GEIGER
IRS990/Form990PartVIISectionAGrp/PersonNm50NATALIE NOAKES
IRS990/Form990PartVIISectionAGrp/PersonNm51ANGIE LAWRY
IRS990/Form990PartVIISectionAGrp/PersonNm52JENNIFER LEHMANN WENG
IRS990/Form990PartVIISectionAGrp/PersonNm53CAROLYN AEBY
IRS990/Form990PartVIISectionAGrp/PersonNm54MARY KLINE
IRS990/Form990PartVIISectionAGrp/PersonNm55DAVID SIGMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt410
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt300
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt360
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt370

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.5$23.5$12.9$34.9$33.3$1.66
2023Detailed filing. Detailed filing data is available for this year.$32.2$22.8$9.38$25.3$24.2$1.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.0$18.9$8.05$18.4$18.1$0.31
2021Detailed filing. Detailed filing data is available for this year.$26.5$16.8$9.72$13.3$12.3$0.93
2020Detailed filing. Detailed filing data is available for this year.$18.6$10.6$7.94$14.3$12.8$1.47
2019Detailed filing. Detailed filing data is available for this year.$22.4$15.2$7.17$19.5$18.9$0.57
2018Detailed filing. Detailed filing data is available for this year.$18.7$12.7$6.08$22.2$21.6$0.62
2017Detailed filing. Detailed filing data is available for this year.$20.0$13.9$6.09$15.5$15.8$0.25
2016Detailed filing. Detailed filing data is available for this year.$13.3$7.80$5.49$16.3$16.8$0.51
2015Detailed filing. Detailed filing data is available for this year.$16.2$9.77$6.40$18.3$17.8$0.52
2014Summary only. Only limited summary data is available for this year.$17.2$10.7$6.52$15.9$15.3$0.55
2013Summary only. Only limited summary data is available for this year.$17.4$11.0$6.35$14.3$13.7$0.61
2012Summary only. Only limited summary data is available for this year.$13.5$8.09$5.41$15.7$15.4$0.23
2011Summary only. Only limited summary data is available for this year.$15.4$10.2$5.19$11.7$11.2$0.51