Civic Intelligence

Chief Executives Organization Inc

990 • Fiscal year 2020 • EIN 20-5778912

Nov 01, 2019 to Oct 31, 2020 • Filed on Sep 15, 2021

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

86th percentile

0.57x

Higher debt load relative to assets than 86% of similar nonprofits.

2020 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

78th percentile

0.74x

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

2020 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2020

Net Margin

64th percentile

10%

Higher net margin than 64% of similar nonprofits.

2020 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

60th percentile

$434,288

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2020 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2020

Asset Growth

7th percentile

-17%

Faster asset growth than 7% of similar nonprofits.

2020 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

20th percentile

-26%

Faster revenue growth than 20% of similar nonprofits.

2020 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Down

$18,550,199

Down $3,826,286 (-17%) from 2019

Net Assets

Up

$7,942,883

Up $776,809 (+11%) from 2019

Liabilities

Down

$10,607,316

Down $4,603,095 (-30%) from 2019

Revenue

Down

$14,305,658

Down $5,154,860 (-26%) from 2019

Expenses

Down

$12,839,109

Down $6,055,629 (-32%) from 2019

Net Income

Up

$1,466,549

Up $900,769 (+159%) from 2019

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

2020

Assets$18,550,199
Liabilities$10,607,316
Net Assets$7,942,883

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

2020

Revenue$14,305,658
Expenses$12,839,109
Net Income$1,466,549
Jump To
Filing Snapshot
Filing Period
Nov 1, 2019 to Oct 31, 2020
Signed
Sep 15, 2021
Return Version
2019v5.2
Gross Receipts
$22,039,964
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$11,175,197$9,682,261▼ $1,492,936
Savings and Temporary Cash Investments$5,009,695$6,322,393▲ $1,312,698
Prepaid Expenses and Deferred Charges$5,091,304$1,501,613▼ $3,589,691
Land, Buildings, and Equipment, Net$1,018,619$957,321▼ $61,298
Accounts Receivable$44,712$48,922▲ $4,210
Cash and Non-Interest-Bearing Accounts$2,580$3,311▲ $731
Total Assets$22,376,485$18,550,199▼ $3,826,286
Other Assets Total$34,378$34,378→ $0
Liabilities
Deferred Revenue$14,068,299$8,997,591▼ $5,070,708
Accounts Payable and Accrued Expenses$1,142,112$1,609,725▲ $467,613
Total Liabilities$15,210,411$10,607,316▼ $4,603,095
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,166,074$7,942,883▲ $776,809
Total Net Assets Fund Balance$7,166,074$7,942,883▲ $776,809
Total Liabilities and Net Assets / Fund Balance$22,376,485$18,550,199▼ $3,826,286

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$839,235$249,408$1,088,643
Leasehold Improvements$118,086$463,545$581,631
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer Lehmann WengPresident & CEOFT$296,492$144,121$440,613
Francis ShaferChief Financial OfficerFT$152,498$35,441$187,939
Natalie NoakesDirector of EventsFT$156,473$27,193$183,666
Leah RomeroDirector of EducationFT$115,606$48,585$164,191
Maria ShefflerDirector MembershipFT$114,209$14,840$129,049
Stacy BailineAssociate Director of EvenFT$115,417$12,628$128,045
Marisa PreussDirector of MarcomFT$111,995$12,078$124,073

Board Members and Trustees

NameTitle
Cordia HarringtonInternational Chair of the Board
Andreas MadausInternational Chair-elect
Mark BitzInternational Education Chair
Donald BollingerInternational Events Chair
Timothy P BrownInternational Finance Chair
David SuttonInternational Marketing & Communications Chair
Jamsheed AmeriInternational Membership Chair
John ArnoldySenior Vice Chair-elect
Roland SturmSenior Vice Chair-elect
Ahmad Al-sariDirector
Arni ThorsteinsonDirector
Carl BistanyDirector
Charles CrawfordDirector
Chris MurphyDirector
Cidalia Luis-akbarDirector
Craig BraniganDirector
Daniel SchwartzDirector
David GreeneDirector
Davis CamalierDirector
Derek JohannsonDirector
Eduard Dubbers-albrechtDirector
Eduardo PachecoDirector
Ernest HigaDirector
Franziska Muller TiberiniDirector
Guy SpierDirector
Hans Bogh-sorensenDirector
Higgin KimDirector
James SobeckDirector
James SpradleyDirector
Jay ClevelandDirector
Jeffrey WandellDirector
John KottsDirector
John SmithDirector
Jon LoveDirector
Jorge De La GuardiaDirector
Joseph KaiserDirector
Kevin PerkinsDirector
Lawrence BloombergDirector
Martin De RitoDirector
Michael DillardDirector
Michael HennemanDirector
Michael MargolisDirector
Nanette NolandDirector
Peter BoweDirector
Peter JuppDirector
Renato De GuzmanDirector
Steven SansomDirector
Thanh DinhDirector
Timothy T BrownDirector
William BissoDirector
William RowleyDirector
Ziad El-khalilDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Belvedere Hotel PartnershipHotel9882 SOUTH SANTA MONICA BLVD, Beverly Hills, CA 10025$154,624
Prosourcing Partners LLCConsulting Services8330 BOONE BLVD, Vienna, VA 22182$122,175
Revenue and Support

Revenue Composition

Contributions and Grants
$158,675
Program Service Revenue
$11,290,444
Investment Income
$1,228,092
Other Revenue
$1,628,447
Change in Net Assets
$1,466,549

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,256,156
Revenue Not Reported on Financial Statements
$49,502
Revenue Not Reported on Form 990
$-689,740
Total Revenue per Audited Statements
$13,566,416
Total Revenue per Form 990
$14,305,658
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,423,588
Salaries, Compensation, and Employee Benefits$3,415,521
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$4,810,706
Travel---$2,425,307
Other Salaries and Wages---$1,987,058
Current Officers, Directors, Trustees, and Key Employees---$812,218
Information Technology---$556,404
Office Expenses---$286,584
Occupancy---$275,539
Depreciation Depletion---$236,954
Fees for Services Other---$234,731
Payroll Taxes---$226,312
Pension Plan Contributions---$218,254
Other Employee Benefits---$171,679
Insurance---$166,926
Fees for Services Accounting---$74,222
Fees for Service Investment Mgmnt Fees---$49,502
All Other Expenses---$46,056
Other Expenses---$24,877
Fees for Services Legal---$9,154
Total Functional Expenses$0$0$0$12,839,109

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$12,839,109
Expenses per Audited Statements$12,789,607
Total Expenses per Audited Statements$12,789,607
Expenses Not Reported on Financial Statements$49,502
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
4
Spending
$3,773,700

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
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Program ServiceEducational Events02$2,132,419
South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, FrencProgram ServiceEducational Events00$782,335
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServiceEducational Events01$661,465
Sub-saharan Africa - Angola, Benin, Botswana, Burkina Faso,Program ServiceEducational Events00$111,139
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Program ServiceEducational Events00$68,066
North America - Canada and Mexico, But Not the United StatesProgram ServiceEducational Events01$18,276
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 35% controlled entity
No
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
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 4

Position titles of officers of the corporation were changed.

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 president & ceo, comparability data is analyzed and compensation is recommended by the compensation committee, which consists of the current international chair, international chair-elect, senior vice chair, senior vice chair-elect, senior vice-chair elect-elect, and the current international finance chair, 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 compensation committee and approved by the executive committee. For senior management and staff, the president & ceo makes recommmendations to the compensation committee, who will then approve, disapprove or provide modifications.

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
President & CEO
Phone
2028131901
Signed
2021-09-15
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
43
Volunteers
110

Preparer

Firm
Rsm US Llp
Address
2021 L STREET NW SUITE 400, WASHINGTON, DC 20036
Preparer
Meredith Bell
Phone
2022932200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Foreign currency exchange -48,046.

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 -48,046.

Raw XML AppendixShowing 400 of 891 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/PersonNm1ANDREAS MADAUS
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN ARNOLDY
IRS990/Form990PartVIISectionAGrp/PersonNm3ROLAND STURM
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID SUTTON
IRS990/Form990PartVIISectionAGrp/PersonNm5MARK BITZ
IRS990/Form990PartVIISectionAGrp/PersonNm6DONALD BOLLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm7JAMSHEED AMERI
IRS990/Form990PartVIISectionAGrp/PersonNm8TIMOTHY P BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm9AHMAD AL-SARI
IRS990/Form990PartVIISectionAGrp/PersonNm10WILLIAM BISSO
IRS990/Form990PartVIISectionAGrp/PersonNm11CARL BISTANY
IRS990/Form990PartVIISectionAGrp/PersonNm12LAWRENCE BLOOMBERG
IRS990/Form990PartVIISectionAGrp/PersonNm13PETER BOWE
IRS990/Form990PartVIISectionAGrp/PersonNm14HANS BOGH-SORENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm15CRAIG BRANIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm16TIMOTHY T BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm17DAVIS CAMALIER
IRS990/Form990PartVIISectionAGrp/PersonNm18JAY CLEVELAND
IRS990/Form990PartVIISectionAGrp/PersonNm19CHARLES CRAWFORD
IRS990/Form990PartVIISectionAGrp/PersonNm20JORGE DE LA GUARDIA
IRS990/Form990PartVIISectionAGrp/PersonNm21RENATO DE GUZMAN
IRS990/Form990PartVIISectionAGrp/PersonNm22MARTIN DE RITO
IRS990/Form990PartVIISectionAGrp/PersonNm23MICHAEL DILLARD
IRS990/Form990PartVIISectionAGrp/PersonNm24THANH DINH
IRS990/Form990PartVIISectionAGrp/PersonNm25EDUARD DUBBERS-ALBRECHT
IRS990/Form990PartVIISectionAGrp/PersonNm26ZIAD EL-KHALIL
IRS990/Form990PartVIISectionAGrp/PersonNm27DAVID GREENE
IRS990/Form990PartVIISectionAGrp/PersonNm28MICHAEL HENNEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm29ERNEST HIGA
IRS990/Form990PartVIISectionAGrp/PersonNm30DEREK JOHANNSON
IRS990/Form990PartVIISectionAGrp/PersonNm31PETER JUPP
IRS990/Form990PartVIISectionAGrp/PersonNm32JOSEPH KAISER
IRS990/Form990PartVIISectionAGrp/PersonNm33HIGGIN KIM
IRS990/Form990PartVIISectionAGrp/PersonNm34JOHN KOTTS
IRS990/Form990PartVIISectionAGrp/PersonNm35JON LOVE
IRS990/Form990PartVIISectionAGrp/PersonNm36CIDALIA LUIS-AKBAR
IRS990/Form990PartVIISectionAGrp/PersonNm37MICHAEL MARGOLIS
IRS990/Form990PartVIISectionAGrp/PersonNm38FRANZISKA MULLER TIBERINI
IRS990/Form990PartVIISectionAGrp/PersonNm39CHRIS MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm40NANETTE NOLAND
IRS990/Form990PartVIISectionAGrp/PersonNm41EDUARDO PACHECO
IRS990/Form990PartVIISectionAGrp/PersonNm42KEVIN PERKINS
IRS990/Form990PartVIISectionAGrp/PersonNm43WILLIAM ROWLEY
IRS990/Form990PartVIISectionAGrp/PersonNm44STEVEN SANSOM
IRS990/Form990PartVIISectionAGrp/PersonNm45DANIEL SCHWARTZ
IRS990/Form990PartVIISectionAGrp/PersonNm46JOHN SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm47JAMES SOBECK
IRS990/Form990PartVIISectionAGrp/PersonNm48GUY SPIER
IRS990/Form990PartVIISectionAGrp/PersonNm49JAMES SPRADLEY
IRS990/Form990PartVIISectionAGrp/PersonNm50ARNI THORSTEINSON
IRS990/Form990PartVIISectionAGrp/PersonNm51JEFFREY WANDELL
IRS990/Form990PartVIISectionAGrp/PersonNm52JENNIFER LEHMANN WENG
IRS990/Form990PartVIISectionAGrp/PersonNm53FRANCIS SHAFER
IRS990/Form990PartVIISectionAGrp/PersonNm54NATALIE NOAKES
IRS990/Form990PartVIISectionAGrp/PersonNm55LEAH ROMERO
IRS990/Form990PartVIISectionAGrp/PersonNm56MARIA SHEFFLER
IRS990/Form990PartVIISectionAGrp/PersonNm57STACY BAILINE
IRS990/Form990PartVIISectionAGrp/PersonNm58MARISA PREUSS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt470
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt490
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt510
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80

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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