Civic Intelligence

Trilateral Commission (North America)

990 • Fiscal year 2019 • EIN 23-7309933

Jul 01, 2018 to Jun 30, 2019 • Filed on May 27, 2020

PO Box 380810Cambridge, MA 02238

(617) 998-6608

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

15th percentile

0.00x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

93rd percentile

56%

Higher net margin than 93% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

91st percentile

$222,572

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 16.9% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

98th percentile

254%

Faster asset growth than 98% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

95th percentile

140%

Faster revenue growth than 95% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,026,650

Up $736,333 (+254%) from 2018

Net Assets

Up

$1,026,650

Up $736,333 (+254%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$1,316,965

Up $767,268 (+140%) from 2018

Expenses

Up

$580,860

Up $41,873 (+7.8%) from 2018

Net Income

Up

$736,105

Up $725,395 (+6773%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2016: $828,330Liabilities 2016: $0Net Assets 2016: $828,3302016Assets 2017: $279,625Liabilities 2017: $0Net Assets 2017: $279,6252017Assets 2018: $290,317Liabilities 2018: $0Net Assets 2018: $290,3172018Assets 2019: $1,026,650Liabilities 2019: $0Net Assets 2019: $1,026,6502019Assets 2020: $1,459,990Liabilities 2020: $0Net Assets 2020: $1,459,9902020Assets 2021: $2,559,304Liabilities 2021: $0Net Assets 2021: $2,559,3042021Assets 2022: $2,489,963Liabilities 2022: $0Net Assets 2022: $2,489,9632022Assets 2023: $2,214,585Liabilities 2023: $0Net Assets 2023: $2,214,5852023Assets 2024: $1,942,682Liabilities 2024: $0Net Assets 2024: $1,942,6822024

Highlighted filing

2019

Assets$1,026,650
Liabilities$0
Net Assets$1,026,650

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2016: $713,643Expenses 2016: $826,472Net Income 2016: -$112,8292016Revenue 2017: $426,114Expenses 2017: $975,640Net Income 2017: -$549,5262017Revenue 2018: $549,697Expenses 2018: $538,987Net Income 2018: $10,7102018Revenue 2019: $1,316,965Expenses 2019: $580,860Net Income 2019: $736,1052019Revenue 2020: $896,891Expenses 2020: $463,323Net Income 2020: $433,5682020Revenue 2021: $1,502,012Expenses 2021: $402,670Net Income 2021: $1,099,3422021Revenue 2022: $492,591Expenses 2022: $560,506Net Income 2022: -$67,9152022Revenue 2023: $1,008,521Expenses 2023: $1,271,483Net Income 2023: -$262,9622023Revenue 2024: $515,111Expenses 2024: $757,327Net Income 2024: -$242,2162024

Highlighted filing

2019

Revenue$1,316,965
Expenses$580,860
Net Income$736,105
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 27, 2020
Return Version
2018v3.1
Gross Receipts
$1,316,965
Mission and Program Overview

Mission

The trilateral commission was established to engage in nonpartisan analysis and discussion toward developing cooperative solutions to common problems facing the industrialized nations in north america, europe, and asia pacific.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$251,101$987,215▲ $736,114
Cash and Non-Interest-Bearing Accounts$35,279$39,435▲ $4,156
Total Assets$290,317$1,026,650▲ $736,333
Other Assets Total$3,937$0▼ $3,937
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$254,851$997,572▲ $742,721
Temporarily Rstr Net Assets$35,466$29,078▼ $6,388
Total Net Assets Fund Balance$290,317$1,026,650▲ $736,333
Total Liabilities and Net Assets / Fund Balance$290,317$1,026,650▲ $736,333
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
MICHAEL J O'NEILPresident & TreasurerPT$222,572$222,572

Board Members and Trustees

NameTitle
MEGHAN O'SULLIVANChair
Carla HillsNorth American Trustee
David RubensteinNorth American Trustee
Diana FarrellNorth American Trustee
Jaime SerraNorth American Trustee
Karen Elliott HouseNorth American Trustee
Luis RubioNorth American Trustee
Marc AllenNorth American Trustee
Martin FeldsteinNorth American Trustee
Paula DobrianskyNorth American Trustee
Wendy DobsonNorth American Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$1,310,907
Program Service Revenue
$49
Investment Income
$6,009
Other Revenue
$0
All Other Contributions
$1,310,907
Change in Net Assets
$736,105

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,316,965
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$228
Total Revenue per Audited Statements
$1,317,193
Total Revenue per Form 990
$1,316,965
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$323,381
Other Expenses$257,479
Total Fundraising Expense$18,794
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$155,800$55,643$11,129$222,572
Conferences and Meetings$86,670--$86,670
Other Salaries and Wages$58,023$20,722$4,144$82,889
Travel$58,076$6-$58,082
Occupancy$31,966$11,417$2,283$45,666
Fees for Services Accounting$15,792$3,948-$19,740
Payroll Taxes$12,544$4,480$896$17,920
Fees for Services Other$9,513$2,379-$11,892
Information Technology$10,581$19$4$10,604
Insurance$8,178$2,045-$10,223
Office Expenses$7,513$2,254$173$9,940
Other Expenses$719$257$51$1,027
Fees for Services Legal$100$25-$125
Total Functional Expenses$458,303$103,763$18,794$580,860

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$580,860
Total Expenses per Audited Statements$580,860
Total Expenses per Form 990$580,860
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The audit committee and membership committee report their findings to the board of trustees at the board of trustees meetings.

Form 990, Part VI, Section B, Line 11B

The president of trilateral commission reviews the form 990 before it is filed.

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

A new compliance form was adopted in october 2011 in order to regularly and consistently monitor and enforce compliance with the organization's conflict of interest policy. The board follows-up each year on any potential conflicts of interest.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Trilateral Commission (north America)
EIN
23-7309933
Phone
6179986608
Address
PO BOX 380810, CAMBRIDGE, MA 02238

Signing Officer

Name
Richard Fontaine
Title
President
Phone
6179986608
Signed
2020-05-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Fontaine
Formed
1973
Legal Domicile
Dc
Voting Board Members
11
Independent Board Members
11
Employees
3
Volunteers
4

Preparer

Firm
Cohnreznick Llp
Address
7501 WISCONSIN AVENUE SUITE 400E, BETHESDA, MD 20814
Preparer
DANIEL O'SHEA
Phone
3016529100
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

The trilateral commission was established to engage in nonpartisan analysis and discussion toward developing cooperative solutions to common problems facing the industrialized nations in north america, europe, and asia pacific.

Financial Statement Notes

PART X, LINE 2:

Tc (na) is exempt from federal income taxes under the provisions of section 501(c)(3) of the internal revenue code and is classified as an organization that is not a private foundation. Tax years prior to 2015 are no longer subject to examination by the irs or the tax jurisdiction of the district of columbia. In accordance with the fasb accounting standards codification ("fasb asc") topic on income taxes, tc (na) has performed an evaluation of its tax positions and believes it has appropriate support for its tax positions taken, and, as such, it does not have any uncertain tax positions that are material to the financial statements.

Raw XML AppendixShowing 400 of 465 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/PYRevenuesLessExpensesAmt010710
IRS990/PYSalariesCompEmpBnftPaidAmt0319095
IRS990/PYTotalExpensesAmt0538987
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0549697
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0736105
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt049
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0251101
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0987215
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01310907
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0547608
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0419841
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0707124
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0693140
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03678620
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06009
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01690
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05282
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05909
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07138
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt026028
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02480
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62890
IRS990ScheduleA/PublicSupportPY170Pct00.73190
IRS990ScheduleA/PublicSupportTotal170Amt02329792
IRS990ScheduleA/SubstantialContributorsTotAmt01348828
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01310907
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0547608
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0419841
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0707124
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0693140
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03678620
IRS990ScheduleA/TotalSupportAmt03704648
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0580860
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0228
IRS990ScheduleD/RevenueNotReportedAmt0228
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01316965
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TC (NA) IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. TAX YEARS PRIOR TO 2015 ARE NO LONGER SUBJECT TO EXAMINATION BY THE IRS OR THE TAX JURISDICTION OF THE DISTRICT OF COLUMBIA. IN ACCORDANCE WITH THE FASB ACCOUNTING STANDARDS CODIFICATION ("FASB ASC") TOPIC ON INCOME TAXES, TC (NA) HAS PERFORMED AN EVALUATION OF ITS TAX POSITIONS AND BELIEVES IT HAS APPROPRIATE SUPPORT FOR ITS TAX POSITIONS TAKEN, AND, AS SUCH, IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0580860
IRS990ScheduleD/TotalRevenuePerForm990Amt01316965
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01317193
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0580860
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0222572
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL J O'NEIL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0222572
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRILATERAL COMMISSION WAS ESTABLISHED TO ENGAGE IN NONPARTISAN ANALYSIS AND DISCUSSION TOWARD DEVELOPING COOPERATIVE SOLUTIONS TO COMMON PROBLEMS FACING THE INDUSTRIALIZED NATIONS IN NORTH AMERICA, EUROPE, AND ASIA PACIFIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE AUDIT COMMITTEE AND MEMBERSHIP COMMITTEE REPORT THEIR FINDINGS TO THE BOARD OF TRUSTEES AT THE BOARD OF TRUSTEES MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT OF TRILATERAL COMMISSION REVIEWS THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A NEW COMPLIANCE FORM WAS ADOPTED IN OCTOBER 2011 IN ORDER TO REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. THE BOARD FOLLOWS-UP EACH YEAR ON ANY POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt035466
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt029078
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0290317
IRS990/TotalAssetsEOYAmt01026650
IRS990/TotalAssetsGrp/BOYAmt0290317
IRS990/TotalAssetsGrp/EOYAmt01026650
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01310907
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt018794
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0103763
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0458303
IRS990/TotalFunctionalExpensesGrp/TotalAmt0580860
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0290317

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