Civic Intelligence

Chief Executives Organization Inc

990 • Fiscal year 2019 • EIN 20-5778912

Nov 01, 2018 to Oct 31, 2019 • Filed on Sep 15, 2020

1825 K Street 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

85th percentile

0.68x

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

2019 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

78th percentile

0.78x

Higher debt load relative to revenue than 78% of similar nonprofits.

2019 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2019

Net Margin

44th percentile

2.9%

Higher net margin than 44% of similar nonprofits.

2019 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

34th percentile

$430,113

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2019 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2019

Asset Growth

83rd percentile

19%

Faster asset growth than 83% of similar nonprofits.

2019 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

11th percentile

-12%

Faster revenue growth than 11% of similar nonprofits.

2019 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Assets

Up

$22,376,485

Up $3,628,513 (+19%) from 2018

Net Assets

Up

$7,166,074

Up $1,081,943 (+18%) from 2018

Liabilities

Up

$15,210,411

Up $2,546,570 (+20%) from 2018

Revenue

Down

$19,460,518

Down $2,707,418 (-12%) from 2018

Expenses

Down

$18,894,738

Down $2,656,730 (-12%) from 2018

Net Income

Down

$565,780

Down $50,688 (-8.2%) from 2018

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

2019

Assets$22,376,485
Liabilities$15,210,411
Net Assets$7,166,074

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

2019

Revenue$19,460,518
Expenses$18,894,738
Net Income$565,780
Jump To
Filing Snapshot
Filing Period
Nov 1, 2018 to Oct 31, 2019
Signed
Sep 15, 2020
Return Version
2018v3.2
Gross Receipts
$25,144,646
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$10,221,729$11,175,197▲ $953,468
Prepaid Expenses and Deferred Charges$2,460,950$5,091,304▲ $2,630,354
Savings and Temporary Cash Investments$4,708,329$5,009,695▲ $301,366
Land, Buildings, and Equipment, Net$1,270,788$1,018,619▼ $252,169
Accounts Receivable$51,414$44,712▼ $6,702
Cash and Non-Interest-Bearing Accounts$384$2,580▲ $2,196
Total Assets$18,747,972$22,376,485▲ $3,628,513
Other Assets Total$34,378$34,378→ $0
Liabilities
Deferred Revenue$11,315,632$14,068,299▲ $2,752,667
Accounts Payable and Accrued Expenses$1,348,209$1,142,112▼ $206,097
Total Liabilities$12,663,841$15,210,411▲ $2,546,570
Net Assets / Fund Balance
Unrestricted Net Assets$6,084,131$7,166,074▲ $1,081,943
Total Net Assets Fund Balance$6,084,131$7,166,074▲ $1,081,943
Total Liabilities and Net Assets / Fund Balance$18,747,972$22,376,485▲ $3,628,513

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$944,209$112,490$1,056,699
Leasehold Improvements$74,410$413,713$488,123
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer Lehmann WengExecutive DirectorFT$282,385$157,086$439,471
Natalie NoakesDirector of EventsFT$152,178$48,761$200,939
Leah RomeroDirector of EducationFT$112,907$51,505$164,412
Marisa PreussDirector of MarcomFT$135,473$8,137$143,610
Stacy BailineAssociate Director of EventsFT$112,417$25,518$137,935
Giorgia SumilasSenior Membership ManagerFT$101,286$26,110$127,396

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Global Gallop LLCEvent Services95 WEST 95TH STREET, New York, NY 10025$237,656
Gdm Hotel Properties LLCHotel/event Services5300 GRAND DEL MAR COURT, San Diego, CA 92130$112,849
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$19,456,764
Investment Income
$-4,973
Other Revenue
$8,727
Change in Net Assets
$565,780

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,391,587
Revenue Not Reported on Financial Statements
$68,931
Revenue Not Reported on Form 990
$516,163
Total Revenue per Audited Statements
$19,907,750
Total Revenue per Form 990
$19,460,518
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,241,204
Salaries, Compensation, and Employee Benefits$3,653,534
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$8,340,623
Travel---$4,159,950
Other Salaries and Wages---$2,544,756
Current Officers, Directors, Trustees, and Key Employees---$640,409
Information Technology---$600,678
Office Expenses---$338,684
Occupancy---$280,210
Depreciation Depletion---$266,833
Payroll Taxes---$231,474
All Other Expenses---$199,599
Fees for Services Accounting---$197,958
Fees for Services Other---$171,210
Other Employee Benefits---$158,050
Insurance---$129,228
Pension Plan Contributions---$78,845
Fees for Service Investment Mgmnt Fees---$68,931
Other Expenses---$58,325
Fees for Services Legal---$8,125
Advertising---$4,246
Total Functional Expenses$0$0$0$18,894,738

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$18,894,738
Expenses per Audited Statements$18,825,807
Total Expenses per Audited Statements$18,825,807
Expenses Not Reported on Financial Statements$68,931
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
4
Spending
$7,650,543

International Compliance

Activity in boycott countries
Yes
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) - Albania, Andorra, Austria, BelgiumProgram ServiceEducational Events01$3,606,208
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Program ServiceEducational Events01$1,674,846
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Program ServiceEducational Events01$943,693
North America - Canada and Mexico, But Not the United StatesProgram ServiceEducational Events01$896,829
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,Program ServiceEducational Events00$526,558
Sub-saharan Africa - Angola, Benin, Botswana, Burkina Faso,Program ServiceEducational Events00$2,409
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) members and (2) 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 NO 1450, WASHINGTON, DC 20006
Doing Business As
CEO

Signing Officer

Name
Jennifer Lehmann Weng
Title
Executive Director
Phone
2028131901
Signed
2020-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Lehmann Weng
Formed
1958
Legal Domicile
De
Voting Board Members
52
Independent Board Members
52
Employees
38
Volunteers
120

Preparer

Firm
Rsm US Llp
Address
2021 L STREET NW 400, WASHINGTON, DC 20036
Preparer
Frederick Longwood
Phone
2022932200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Foreign currency exchange -26,550.

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 -26,550.

Raw XML AppendixShowing 400 of 859 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/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt280
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IRS990/Form990PartVIISectionAGrp/PersonNm2TIMOTHY P BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm3ANDREAS G MADAUS
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN S ARNOLDY
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID A SUTTON
IRS990/Form990PartVIISectionAGrp/PersonNm6MARK W BITZ
IRS990/Form990PartVIISectionAGrp/PersonNm7ROLAND V STURM
IRS990/Form990PartVIISectionAGrp/PersonNm8JAMSHEED AMERI
IRS990/Form990PartVIISectionAGrp/PersonNm9RICHARD G ANDISON
IRS990/Form990PartVIISectionAGrp/PersonNm10CARL R BISTANY
IRS990/Form990PartVIISectionAGrp/PersonNm11HANS C BOGH-SORENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm12DONALD T BOLLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm13PETER A BOWE
IRS990/Form990PartVIISectionAGrp/PersonNm14BROOKS H BOWER
IRS990/Form990PartVIISectionAGrp/PersonNm15CRAIG W BRANIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm16F DAVIS CAMALIER
IRS990/Form990PartVIISectionAGrp/PersonNm17JAY W CLEVELAND
IRS990/Form990PartVIISectionAGrp/PersonNm18CHARLES B CRAWFORD
IRS990/Form990PartVIISectionAGrp/PersonNm19JAVIER CREMADES
IRS990/Form990PartVIISectionAGrp/PersonNm20JORGE DE LA GUARDIA
IRS990/Form990PartVIISectionAGrp/PersonNm21PHILIPPE DE GASPE BEAUBIEN III
IRS990/Form990PartVIISectionAGrp/PersonNm22RENATO T DE GUZMAN
IRS990/Form990PartVIISectionAGrp/PersonNm23JAMES A DICK
IRS990/Form990PartVIISectionAGrp/PersonNm24THANH B DINH
IRS990/Form990PartVIISectionAGrp/PersonNm25EDUARD DUBBERS-ALBRECHT
IRS990/Form990PartVIISectionAGrp/PersonNm26ZIAD A EL-KHALIL
IRS990/Form990PartVIISectionAGrp/PersonNm27DONALD GULBRANDSEN
IRS990/Form990PartVIISectionAGrp/PersonNm28FRED JOHN HAMEETMAN
IRS990/Form990PartVIISectionAGrp/PersonNm29MICHAEL J HENNEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm30ERNEST M HIGA
IRS990/Form990PartVIISectionAGrp/PersonNm31DEREK C JOHANNSON
IRS990/Form990PartVIISectionAGrp/PersonNm32PETER A JUPP
IRS990/Form990PartVIISectionAGrp/PersonNm33JOSEPH P KAISER IV
IRS990/Form990PartVIISectionAGrp/PersonNm34HIGGIN KIM
IRS990/Form990PartVIISectionAGrp/PersonNm35LEE KIRKWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm36JON E LOVE
IRS990/Form990PartVIISectionAGrp/PersonNm37CIDALIA LUIS-AKBAR
IRS990/Form990PartVIISectionAGrp/PersonNm38OMAR MAANI
IRS990/Form990PartVIISectionAGrp/PersonNm39FRANZISKA R MULLER TIBERINI
IRS990/Form990PartVIISectionAGrp/PersonNm40CHRIS J MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm41NANETTE NOLAND
IRS990/Form990PartVIISectionAGrp/PersonNm42EDUARDO PACHECO
IRS990/Form990PartVIISectionAGrp/PersonNm43KEVIN W PERKINS
IRS990/Form990PartVIISectionAGrp/PersonNm44STEPHEN K POND
IRS990/Form990PartVIISectionAGrp/PersonNm45WILLIAM W ROWLEY
IRS990/Form990PartVIISectionAGrp/PersonNm46SAMUEL C SCHWAB
IRS990/Form990PartVIISectionAGrp/PersonNm47DANIEL I SCHWARTZ
IRS990/Form990PartVIISectionAGrp/PersonNm48JAMES R SOBECK
IRS990/Form990PartVIISectionAGrp/PersonNm49ISHWAR SUBRAMANIAN
IRS990/Form990PartVIISectionAGrp/PersonNm50JEFFREY A WANDELL
IRS990/Form990PartVIISectionAGrp/PersonNm51RALPH STAYER
IRS990/Form990PartVIISectionAGrp/PersonNm52JENNIFER LEHMANN WENG
IRS990/Form990PartVIISectionAGrp/PersonNm53NATALIE NOAKES
IRS990/Form990PartVIISectionAGrp/PersonNm54STACY BAILINE
IRS990/Form990PartVIISectionAGrp/PersonNm55LEAH ROMERO
IRS990/Form990PartVIISectionAGrp/PersonNm56GIORGIA SUMILAS
IRS990/Form990PartVIISectionAGrp/PersonNm57MARISA PREUSS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt480
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt510
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140

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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