Civic Intelligence

Chief Executives Organization Inc

990 • Fiscal year 2018 • EIN 20-5778912

Nov 01, 2017 to Oct 31, 2018 • Filed on Sep 10, 2019

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

84th percentile

0.68x

Higher debt load relative to assets than 84% of similar nonprofits.

2018 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

63rd percentile

0.57x

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

2018 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2018

Net Margin

42nd percentile

2.8%

Higher net margin than 42% of similar nonprofits.

2018 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

36th percentile

$396,837

Higher top officer pay than 36% of similar nonprofits.

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

2018 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2018

Asset Growth

20th percentile

-6.1%

Faster asset growth than 20% of similar nonprofits.

2018 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

93rd percentile

43%

Faster revenue growth than 93% of similar nonprofits.

2018 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Down

$18,747,972

Down $1,212,171 (-6.1%) from 2017

Net Assets

Down

$6,084,131

Down $3,293 (-0.1%) from 2017

Liabilities

Down

$12,663,841

Down $1,208,878 (-8.7%) from 2017

Revenue

Up

$22,167,936

Up $6,659,695 (+43%) from 2017

Expenses

Up

$21,551,468

Up $5,794,074 (+37%) from 2017

Net Income

Up

$616,468

Up $865,621 (+347%) from 2017

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

2018

Assets$18,747,972
Liabilities$12,663,841
Net Assets$6,084,131

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

2018

Revenue$22,167,936
Expenses$21,551,468
Net Income$616,468
Jump To
Filing Snapshot
Filing Period
Nov 1, 2017 to Oct 31, 2018
Signed
Sep 10, 2019
Return Version
2017v2.3
Gross Receipts
$27,863,641
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$10,375,869$10,221,729▼ $154,140
Savings and Temporary Cash Investments$5,591,420$4,708,329▼ $883,091
Prepaid Expenses and Deferred Charges$2,425,977$2,460,950▲ $34,973
Land, Buildings, and Equipment, Net$1,436,453$1,270,788▼ $165,665
Accounts Receivable$86,080$51,414▼ $34,666
Inventories for Sale or Use$13,366--
Cash and Non-Interest-Bearing Accounts$300$384▲ $84
Total Assets$19,960,143$18,747,972▼ $1,212,171
Other Assets Total$30,678$34,378▲ $3,700
Liabilities
Deferred Revenue$12,900,825$11,315,632▼ $1,585,193
Accounts Payable and Accrued Expenses$910,494$1,348,209▲ $437,715
Other Liabilities$61,400$0▼ $61,400
Total Liabilities$13,872,719$12,663,841▼ $1,208,878
Net Assets / Fund Balance
Unrestricted Net Assets$6,087,424$6,084,131▼ $3,293
Total Net Assets Fund Balance$6,087,424$6,084,131▼ $3,293
Total Liabilities and Net Assets / Fund Balance$19,960,143$18,747,972▼ $1,212,171

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,113,395$785,042$1,898,437
Leasehold Improvements$133,712$334,078$467,790
Other Land Buildings$23,681-$23,681
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Allan Michael GeigerExec. Director (trhu 10/17)FT$267,695$131,318$399,013
Jennifer Lehmann WengExec. Director (beg 9/17)FT$174,628$87,743$262,371
Natalie NoakesDirector of EventsFT$149,092$30,788$179,880
David SigmanDirector of Finance and AdminFT$139,166$32,495$171,661
Leah RomeroDirector of Mar/COMFT$109,468$26,221$135,689
Stacy BailineAssociate Director of EventsFT$109,542$13,937$123,479
Giorgia SumilasSenior Membership ManagerFT$105,797$16,388$122,185
Allison SedwickDirector of MembershipFT$108,740$13,404$122,144

Board Members and Trustees

NameTitle
Boysie BollingerPresident
Arni ThorsteinsonPresident Elect
Allen DickDirector
Andy KahnDirector
Bill HaackDirector
Bing De GuzmanDirector
Brooks BowerDirector
Carl BistanyDirector
Charlie CrawfordDirector
Chris MurphyDirector
Daniel SchwartzDirector
Danny BejaranoDirector
Dave SuttonDirector
Dennis SunDirector
Donald GulbrandsenDirector
Eduard Dubbers-albrechtDirector
Eduardo PachecoDirector
Ernie HigaDirector
Franziska Mueller-tiberiniDirector
Hans Bogh-sorensenDirector
Harry XydasDirector
Ishwar SubramanianDirector
Javier CremadesDirector
Jim AmeriDirector
Jim SobeckDirector
John ArnoldyDirector
John KottsDirector
John SimpsonDirector
John SmithDirector
Jon LoveDirector
Joseph KaiserDirector
Laura TrombleyDirector
Lee KirkwoodDirector
Michael GrayDirector
Mike DillardDirector
Nannette NolandDirector
Omar MaaniDirector
Peter AnastasiouDirector
Peter BoweDirector
Peter JuppDirector
Philippe De Gaspe BeaubienDirector
Ralph StayerDirector
Richard AndisonDirector
Salman Al JishiDirector
Sam SchwabDirector
Sebastian ManDirector
Steve PondDirector
Tim BrownDirector
Thomas RutherfoordSecretary/treasurer
Cordia HarringtonSenior VP and VP of Events
Andreas MadausSenior VP Elect
Mark BitzVP of Education
Craig BraniganVP of Marketing and Commun
Roland SturmVP of Membership

Highest Paid Contractors

ContractorServicesLocationCompensation
Harvard Business SchoolExecutive Education ProgramFINANCIAL OFFICE /SOLDIER FIELD, Boston, MA 02163$1,459,600
Stan Smith EventsEvent Services555 SUN VALLEY DRIVE SUITE G4, Roswell, GA 30076$360,616
Canyon RanchEvent Services8600 E ROCKCLIFF ROAD, Tuscon, AZ 85750$295,115
St Regis New YorkhotelHotel / Event ServicesTWO EAST 55TH STREET, New York, NY 10022$236,972
The Brown HotelHotel / Event Services335 W BROADWAY, Louisville, KY 40202$200,273
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$21,565,222
Investment Income
$577,673
Other Revenue
$25,041
Change in Net Assets
$616,468

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,097,904
Revenue Not Reported on Financial Statements
$70,032
Revenue Not Reported on Form 990
$-680,023
Total Revenue per Audited Statements
$21,417,881
Total Revenue per Form 990
$22,167,936
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$17,971,721
Salaries, Compensation, and Employee Benefits$3,579,747
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$9,743,558
Travel---$5,816,102
Other Salaries and Wages---$2,357,649
Current Officers, Directors, Trustees, and Key Employees---$841,263
Information Technology---$526,502
Occupancy---$278,496
Depreciation Depletion---$248,163
Payroll Taxes---$223,694
Office Expenses---$203,367
Fees for Services Other---$199,959
Insurance---$145,405
All Other Expenses---$140,575
Other Employee Benefits---$122,193
Fees for Services Accounting---$115,227
Fees for Service Investment Mgmnt Fees---$70,032
Other Expenses---$56,667
Pension Plan Contributions---$34,948
Fees for Services Legal---$17,044
Total Functional Expenses$0$0$0$21,551,468

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$21,551,468
Expenses per Audited Statements$21,481,436
Total Expenses per Audited Statements$21,421,174
Expenses Not Reported on Financial Statements$70,032
Expenses Not Reported on Form 990$-60,262
International Activity

International Summary

Offices
0
Employees
4
Spending
$8,304,266

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
Europe (including Iceland & Greenland)Program ServiceEducational Events01$5,963,450
East Asia and the PacificProgram ServiceEducational Events01$960,866
Sub-saharan AfricaProgram ServiceEducational Events00$660,731
Central America and the CaribbeanProgram ServiceEducational Events00$633,895
North AmericaProgram ServiceEducational Events01$38,920
Middle East and North AfricaProgram ServiceEducational Events01$33,270
South AsiaProgram ServiceEducational Events00$13,134
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 11B

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 and current president, 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
Jennifer Lehmann Weng
Title
Executive Director
Phone
2028131901
Signed
2019-09-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Lehmann Weng
Formed
1958
Legal Domicile
De
Voting Board Members
54
Independent Board Members
54
Employees
43
Volunteers
120

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 60,262.

FORM 990, PART XII, LINE 2C:

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

Financial Statement Notes

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Foreign currency exchange -60,262.

Raw XML AppendixShowing 400 of 931 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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IRS990/Form990PartVIISectionAGrp/PersonNm4CRAIG BRANIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm5MARK BITZ
IRS990/Form990PartVIISectionAGrp/PersonNm6THOMAS RUTHERFOORD
IRS990/Form990PartVIISectionAGrp/PersonNm7ROLAND STURM
IRS990/Form990PartVIISectionAGrp/PersonNm8SALMAN AL JISHI
IRS990/Form990PartVIISectionAGrp/PersonNm9JIM AMERI
IRS990/Form990PartVIISectionAGrp/PersonNm10PETER ANASTASIOU
IRS990/Form990PartVIISectionAGrp/PersonNm11RICHARD ANDISON
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN ARNOLDY
IRS990/Form990PartVIISectionAGrp/PersonNm13DANNY BEJARANO
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IRS990/Form990PartVIISectionAGrp/PersonNm15HANS BOGH-SORENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm16PETER BOWE
IRS990/Form990PartVIISectionAGrp/PersonNm17BROOKS BOWER
IRS990/Form990PartVIISectionAGrp/PersonNm18TIM BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm19CHARLIE CRAWFORD
IRS990/Form990PartVIISectionAGrp/PersonNm20JAVIER CREMADES
IRS990/Form990PartVIISectionAGrp/PersonNm21PHILIPPE DE GASPE BEAUBIEN
IRS990/Form990PartVIISectionAGrp/PersonNm22BING DE GUZMAN
IRS990/Form990PartVIISectionAGrp/PersonNm23ALLEN DICK
IRS990/Form990PartVIISectionAGrp/PersonNm24MIKE DILLARD
IRS990/Form990PartVIISectionAGrp/PersonNm25EDUARD DUBBERS-ALBRECHT
IRS990/Form990PartVIISectionAGrp/PersonNm26MICHAEL GRAY
IRS990/Form990PartVIISectionAGrp/PersonNm27DONALD GULBRANDSEN
IRS990/Form990PartVIISectionAGrp/PersonNm28BILL HAACK
IRS990/Form990PartVIISectionAGrp/PersonNm29ERNIE HIGA
IRS990/Form990PartVIISectionAGrp/PersonNm30PETER JUPP
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IRS990/Form990PartVIISectionAGrp/PersonNm32JOSEPH KAISER
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IRS990/Form990PartVIISectionAGrp/PersonNm43SAM SCHWAB
IRS990/Form990PartVIISectionAGrp/PersonNm44DANIEL SCHWARTZ
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IRS990/Form990PartVIISectionAGrp/PersonNm46JOHN SMITH
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IRS990/Form990PartVIISectionAGrp/PersonNm49ISHWAR SUBRAMANIAN
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IRS990/Form990PartVIISectionAGrp/PersonNm53HARRY XYDAS
IRS990/Form990PartVIISectionAGrp/PersonNm54JENNIFER LEHMANN WENG
IRS990/Form990PartVIISectionAGrp/PersonNm55ALLAN MICHAEL GEIGER
IRS990/Form990PartVIISectionAGrp/PersonNm56NATALIE NOAKES
IRS990/Form990PartVIISectionAGrp/PersonNm57STACY BAILINE
IRS990/Form990PartVIISectionAGrp/PersonNm58LEAH ROMERO
IRS990/Form990PartVIISectionAGrp/PersonNm59GIORGIA SUMILAS
IRS990/Form990PartVIISectionAGrp/PersonNm60DAVID SIGMAN
IRS990/Form990PartVIISectionAGrp/PersonNm61ALLISON SEDWICK
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt360

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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