Civic Intelligence

Instituto Centroamericano De Administracion De Empresas

990 • Fiscal year 2020 • EIN 23-7417722

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 30, 2021

Organization ProfileWWW.INCAE.EDU
2727 Ponce DE Leon BlvdCoral Gables, FL 33134

(305) 340-2000

Siviq Scores

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

Liabilities / Assets

38th percentile

0.17x

Higher debt load relative to assets than 38% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

59th percentile

0.59x

Higher debt load relative to revenue than 59% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

41st percentile

1.6%

Higher net margin than 41% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

28th percentile

$230,400

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Asset Growth

6th percentile

-9.4%

Faster asset growth than 6% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

16th percentile

-19%

Faster revenue growth than 16% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets38th percentile

Assets

Down

$96,802,101

Down $10,040,207 (-9.4%) from 2019

Net Assets

Up

$79,988,242

Up $1,723,472 (+2.2%) from 2019

Liabilities

Down

$16,813,859

Down $11,763,679 (-41%) from 2019

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin41st percentile

Revenue

Down

$28,675,440

Down $6,858,679 (-19%) from 2019

Expenses

Down

$28,227,256

Down $6,009,719 (-18%) from 2019

Net Income

Down

$448,184

Down $848,960 (-65%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$150M$100M$50M$0Assets 2010: $26,193,465Liabilities 2010: $7,430,483Net Assets 2010: $18,762,9822010Assets 2011: $26,847,437Liabilities 2011: $9,058,441Net Assets 2011: $17,788,9962011Assets 2013: $72,221,271Liabilities 2013: $10,482,924Net Assets 2013: $61,738,3472013Assets 2014: $76,883,310Liabilities 2014: $12,367,487Net Assets 2014: $64,515,8232014Assets 2015: $83,232,115Liabilities 2015: $14,421,287Net Assets 2015: $68,810,8282015Assets 2016: $84,718,871Liabilities 2016: $14,012,492Net Assets 2016: $70,706,3792016Assets 2018: $110,323,467Liabilities 2018: $34,039,698Net Assets 2018: $76,283,7692018Assets 2019: $106,842,308Liabilities 2019: $28,577,538Net Assets 2019: $78,264,7702019Assets 2020: $96,802,101Liabilities 2020: $16,813,859Net Assets 2020: $79,988,2422020Assets 2021: $99,001,485Liabilities 2021: $18,108,156Net Assets 2021: $80,893,3292021Assets 2022: $93,764,202Liabilities 2022: $18,255,417Net Assets 2022: $75,508,7852022Assets 2023: $81,466,448Liabilities 2023: $19,117,091Net Assets 2023: $62,349,3572023Assets 2024: $84,490,477Liabilities 2024: $22,734,011Net Assets 2024: $61,756,4662024

Highlighted filing

2020

Assets$96,802,101
Liabilities$16,813,859
Net Assets$79,988,242
Open 2020 Filing

Operations Trend

Revenue Growth16th percentile

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

$40M$20M$0-$20MExpenses 2010: $19,717,6902010Expenses 2011: $22,384,6512011Revenue 2013: $25,426,574Expenses 2013: $24,931,407Net Income 2013: $495,1672013Revenue 2014: $27,468,746Expenses 2014: $27,173,492Net Income 2014: $295,2542014Revenue 2015: $30,473,684Expenses 2015: $29,761,826Net Income 2015: $711,8582015Revenue 2016: $31,147,464Expenses 2016: $29,650,560Net Income 2016: $1,496,9042016Revenue 2018: $33,941,514Expenses 2018: $34,836,495Net Income 2018: -$894,9812018Revenue 2019: $35,534,119Expenses 2019: $34,236,975Net Income 2019: $1,297,1442019Revenue 2020: $28,675,440Expenses 2020: $28,227,256Net Income 2020: $448,1842020Revenue 2021: $28,911,734Expenses 2021: $28,094,096Net Income 2021: $817,6382021Revenue 2022: $28,728,343Expenses 2022: $34,094,673Net Income 2022: -$5,366,3302022Revenue 2023: $35,130,145Expenses 2023: $37,815,948Net Income 2023: -$2,685,8032023Revenue 2024: $34,141,340Expenses 2024: $34,796,675Net Income 2024: -$655,3352024

Highlighted filing

2020

Revenue$28,675,440
Expenses$28,227,256
Net Income$448,184
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 30, 2021
Return Version
2020v4.0
Gross Receipts
$28,675,440
Mission and Program Overview

Mission

Incae is primarily dedicated to master's level education in business administration and business economics, natural resource management, and industrial engineering and to research and consulting

Incae is primarily dedicated to master's level education in business administration and business economics, natural resource management, and industrial engineering and research and consulting.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$68,742,764$67,141,927▼ $1,600,837
Investments in Publicly Traded Securities$16,803,235$23,289,050▲ $6,485,815
Cash and Non-Interest-Bearing Accounts$5,107,082$3,760,088▼ $1,346,994
Accounts Receivable$13,385,165$1,397,658▼ $11,987,507
Intangible Assets$163,546$614,353▲ $450,807
Prepaid Expenses and Deferred Charges$151,006$176,128▲ $25,122
Other Notes and Loans Receivable, Net-$174,321-
Total Assets$106,842,308$96,802,101▼ $10,040,207
Other Assets Total$2,489,510$248,576▼ $2,240,934
Liabilities
Accounts Payable and Accrued Expenses$17,360,155$8,320,171▼ $9,039,984
Deferred Revenue$2,337,704$7,406,013▲ $5,068,309
Other Liabilities$8,879,679$1,087,675▼ $7,792,004
Total Liabilities$28,577,538$16,813,859▼ $11,763,679
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$78,264,770$79,988,242▲ $1,723,472
Total Net Assets Fund Balance$78,264,770$79,988,242▲ $1,723,472
Total Liabilities and Net Assets / Fund Balance$106,842,308$96,802,101▼ $10,040,207

Asset Categories

AssetBook ValueDepreciationBasis
Land$40,023,601-$40,023,601
Buildings$25,796,047$13,010,946$38,806,993
Equipment$907,209$7,765,186$8,672,395
Other Land Buildings$415,070$237,546$652,616
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Enrique BolanosRectorFT$230,400$6,905$230,400
Camelia LlieDeanFT$180,000$5,972$180,000
Guillermo CardozaProfessor-coFT$171,900-$171,900
Guillermo CardozaProfessor-costa Rica-$171,900$5,920$171,900
Alberto TrejosDeanFT$108,885-$108,885

Board Members and Trustees

NameTitle
Roberto ArtaviaPresident
Alexandra KisslingDirector
Brizio Biondi-morraDirector-COS
Ernesto CastegnaroDirector-COS
Francisco AlemanDirector-ecu
Alejandro PomaDirector-el
Francisco De SolaDirector-el
Maria Eugenia BrizuelaDirector-el
Danilo SiekavizzaDirector-gua
Camilo AtalaDirector-hon
Xavier ArguelloDirector-hon
Danilo LacayoDirector-nia
Diego HerreraDirector-pan
Stephan SchmidheinyDirector-swi
Erika BernalCFO
Juan Bautista SacasaDirecto-nica
Carlos F Pellas ChamorroVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,492,011
Program Service Revenue
$21,344,198
Investment Income
$4,467,296
Other Revenue
$1,371,935
All Other Contributions
$1,492,011
Change in Net Assets
$448,184

Audited Revenue Reconciliation

Revenue per Audited Statements
$28,675,440
Total Revenue per Audited Statements
$28,675,440
Total Revenue per Form 990
$28,675,440
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,184,783
Salaries, Compensation, and Employee Benefits$12,999,411
Total Fundraising Expense$439,894
Professional Fundraising Fees$43,062
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,205,237$5,529,630$364,289$12,099,156
Depreciation Depletion-$2,193,853-$2,193,853
Fees for Services Other$536,236$742,482-$1,278,718
Other Expenses$531,462$71,646$311$603,419
Current Officers, Directors, Trustees, and Key Employees-$519,285-$519,285
Office Expenses-$403,156-$403,156
Other Employee Benefits$165,930$136,826$4,493$307,249
Travel$154,640$75,712$9,321$239,673
Occupancy$81,078$128,485-$209,563
Fees for Services Legal$4,054$170,513-$174,567
Information Technology-$126,389-$126,389
Insurance-$87,563-$87,563
Payments to Affiliates-$82,130$2,095$84,225
Pension Plan Contributions$59,735$11,216$2,770$73,721
Advertising$18,263$36,127$3,395$57,785
Fees for Services Professional Fundraising--$43,062$43,062
Fees for Services Accounting-$41,958-$41,958
Fees for Services Management$17,468--$17,468
Total Functional Expenses$12,585,635$15,201,727$439,894$28,227,256

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$28,227,256
Total Expenses per Audited Statements$28,227,256
Total Expenses per Form 990$28,227,256
International Activity

International Summary

Offices
10
Employees
300
Spending
$27,795,000

International Compliance

Foreign grant records maintained
Yes
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
Central America and the CaribbeanFundraisingMASTER'S LEVEL EDUCA7287$27,260,000
Central America and the Caribbean-MASSTER'S LEVEL EDUC313$535,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,078,796
Professional Fundraising Fees$43,062

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$1,078,796$1,078,796-$1,078,796
Total Events$1,078,796$1,078,796-$1,078,796
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Provisions$1,087,675
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Copies of the annual form 990 will be provided to the entire governing board as well as the president and cfo of the organization. Once reviewed by the officers, any necessary changes will be updated on the form. Once changes are made and the officers are in agreement it will be signed by the cfo, dated and submitted electronically by the filing deadline.”

Form 990, Page 6, Part VI, Line 12C

“Directors, trustees and key employees are required to disclose and get the board's approval before they engage in any activity outside the entity to prevent any conflict of interest whatsoever”

Form 990, Page 6, Part VI, Line 15A

“All salaries to ceo, executive directors or top management officials have to be approved by the board of directors.”

Form 990, Page 6, Part VI, Line 15B

“All salaries to key employees have to be approved by the board of directors”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Instituto Centroamericano De
EIN
23-7417722
Phone
3053402000
Address
2727 PONCE DE LEON BLVD, CORAL GABLES, FL 33134
Doing Business As
Incae

Signing Officer

Name
Erika Bernal
Title
CFO
Phone
3053402000
Signed
2021-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erika Bernal
Formed
1964
Legal Domicile
Fl
Voting Board Members
17
Independent Board Members
16
Employees
0

Preparer

Firm
E Alex Ortiz CPA Pa
Address
2727 PONCE DE LEON BLVD, CORAL GABLES, FL 33134
Preparer
E Alex Ortiz CPA
Phone
3053402000
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Other program services are related to admission exams, special junior programs, food and housing”

Form 990, Part V, Line 4B

“COSTA RICA”

Form 990, Part XI, Line 9

“Other change in assets 1,275,288”

Raw XML AppendixShowing 400 of 629 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt017360155
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt08320171
IRS990/AccountsReceivableGrp/BOYAmt013385165
IRS990/AccountsReceivableGrp/EOYAmt01397658
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0INCAE IS PRIMARILY DEDICATED TO MASTER'S LEVEL EDUCATION IN BUSINESS ADMINISTRATION AND BUSINESS ECONOMICS, NATURAL RESOURCE MANAGEMENT, AND INDUSTRIAL ENGINEERING AND RESEARCH AND CONSULTING.
IRS990/AdvertisingGrp/FundraisingAmt03395
IRS990/AdvertisingGrp/ManagementAndGeneralAmt036127
IRS990/AdvertisingGrp/ProgramServicesAmt018263
IRS990/AdvertisingGrp/TotalAmt057785
IRS990/AllOtherContributionsAmt01492011
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/ForeignAddress/AddressLine1Txt0APARTADO 960
IRS990/BooksInCareOfDetail/ForeignAddress/CityNm0ALAJUELA
IRS990/BooksInCareOfDetail/ForeignAddress/CountryCd0CS
IRS990/BooksInCareOfDetail/PersonNm0ERIKA BERNAL
IRS990/BooksInCareOfDetail/PhoneNum05064372200
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt05107082
IRS990/CashNonInterestBearingGrp/EOYAmt03760088
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0519285
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0519285
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01492011
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04467296
IRS990/CYOtherExpensesAmt015184783
IRS990/CYOtherRevenueAmt01371935
IRS990/CYProgramServiceRevenueAmt021344198
IRS990/CYRevenuesLessExpensesAmt0448184
IRS990/CYSalariesCompEmpBnftPaidAmt012999411
IRS990/CYTotalExpensesAmt028227256
IRS990/CYTotalFundraisingExpenseAmt0439894
IRS990/CYTotalProfFndrsngExpnsAmt043062
IRS990/CYTotalRevenueAmt028675440
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt02337704
IRS990/DeferredRevenueGrp/EOYAmt07406013
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02193853
IRS990/DepreciationDepletionGrp/TotalAmt02193853
IRS990/Desc0EXECUTIVE DEGREE PROGRAMS APPROXIMATELY 189 NEW STUDENTS AND 209 GRADUATED PER YEAR
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0INCAE
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03495767
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt041958
IRS990/FeesForServicesAccountingGrp/TotalAmt041958
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0170513
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt04054
IRS990/FeesForServicesLegalGrp/TotalAmt0174567
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt017468
IRS990/FeesForServicesManagementGrp/TotalAmt017468
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0742482
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0536236
IRS990/FeesForServicesOtherGrp/TotalAmt01278718
IRS990/FeesForServicesProfFundraising/FundraisingAmt043062
IRS990/FeesForServicesProfFundraising/TotalAmt043062
IRS990/ForeignActivitiesInd0true
IRS990/ForeignAddress/AddressLine1Txt0APARTADO 960
IRS990/ForeignAddress/CityNm0ALAJUELA
IRS990/ForeignAddress/CountryCd0CS
IRS990/ForeignCountryCd0CS
IRS990/ForeignFinancialAccountInd0true
IRS990/ForeignOfficeInd0true
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd16X
IRS990/Form990PartVIISectionAGrp/OfficerInd17X
IRS990/Form990PartVIISectionAGrp/OfficerInd18X
IRS990/Form990PartVIISectionAGrp/OfficerInd19X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/PersonNm0ENRIQUE BOLANOS
IRS990/Form990PartVIISectionAGrp/PersonNm1CAMELIA LLIE
IRS990/Form990PartVIISectionAGrp/PersonNm2GUILLERMO CARDOZA
IRS990/Form990PartVIISectionAGrp/PersonNm3ALBERTO TREJOS
IRS990/Form990PartVIISectionAGrp/PersonNm4FRANCISCO ALEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5XAVIER ARGUELLO
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERTO ARTAVIA
IRS990/Form990PartVIISectionAGrp/PersonNm7CAMILO ATALA
IRS990/Form990PartVIISectionAGrp/PersonNm8BRIZIO BIONDI-MORRA
IRS990/Form990PartVIISectionAGrp/PersonNm9MARIA EUGENIA BRIZUELA
IRS990/Form990PartVIISectionAGrp/PersonNm10ERNESTO CASTEGNARO
IRS990/Form990PartVIISectionAGrp/PersonNm11CARLOS F PELLAS CHAMORRO
IRS990/Form990PartVIISectionAGrp/PersonNm12DIEGO HERRERA
IRS990/Form990PartVIISectionAGrp/PersonNm13ALEXANDRA KISSLING
IRS990/Form990PartVIISectionAGrp/PersonNm14DANILO LACAYO
IRS990/Form990PartVIISectionAGrp/PersonNm15ALEJANDRO POMA
IRS990/Form990PartVIISectionAGrp/PersonNm16JUAN BAUTISTA SACASA
IRS990/Form990PartVIISectionAGrp/PersonNm17STEPHAN SCHMIDHEINY
IRS990/Form990PartVIISectionAGrp/PersonNm18DANILO SIEKAVIZZA
IRS990/Form990PartVIISectionAGrp/PersonNm19FRANCISCO DE SOLA
IRS990/Form990PartVIISectionAGrp/PersonNm20ERIKA BERNAL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0230400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1180000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2171900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3108885
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0RECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DEAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2PROFESSOR-CO
IRS990/Form990PartVIISectionAGrp/TitleTxt3DEAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR-ECU
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR-HON
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR-HON
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR-COS
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR-EL
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR-COS
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR-PAN
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR-NIA
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR-EL
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTO-NICA
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR-SWI
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR-GUA
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR-EL
IRS990/Form990PartVIISectionAGrp/TitleTxt20CFO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingGrossIncomeAmt01078796
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt028675440
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0126389
IRS990/InformationTechnologyGrp/TotalAmt0126389
IRS990/InsuranceGrp/ManagementAndGeneralAmt087563
IRS990/InsuranceGrp/TotalAmt087563
IRS990/IntangibleAssetsGrp/BOYAmt0163546
IRS990/IntangibleAssetsGrp/EOYAmt0614353
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt04467296
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04467296
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt016803235
IRS990/InvestmentsPubTradedSecGrp/EOYAmt023289050
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt021013678
IRS990/LandBldgEquipBasisNetGrp/BOYAmt068742764
IRS990/LandBldgEquipBasisNetGrp/EOYAmt067141927
IRS990/LandBldgEquipCostOrOtherBssAmt088155605
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0INCAE IS PRIMARILY DEDICATED TO MASTER'S LEVEL EDUCATION IN BUSINESS ADMINISTRATION AND BUSINESS ECONOMICS, NATURAL RESOURCE MANAGEMENT, INDUSTRIAL ENGINEERING, RESEARCH AND CONSULTING.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt078264770
IRS990/NetAssetsOrFundBalancesEOYAmt079988242
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt01078796
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt078264770
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt079988242
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0128485
IRS990/OccupancyGrp/ProgramServicesAmt081078
IRS990/OccupancyGrp/TotalAmt0209563
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0403156
IRS990/OfficeExpensesGrp/TotalAmt0403156
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02489510
IRS990/OtherAssetsTotalGrp/EOYAmt0248576
IRS990/OtherChangesInNetAssetsAmt01275288
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04493
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0136826
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0165930
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0307249
IRS990/OtherExpensesGrp/Desc0EXTERNAL AND FEE SERVICES
IRS990/OtherExpensesGrp/Desc1FINANCIAL EXPENSES
IRS990/OtherExpensesGrp/Desc2GENERAL EXPENSES
IRS990/OtherExpensesGrp/Desc3MARKETING
IRS990/OtherExpensesGrp/FundraisingAmt06569
IRS990/OtherExpensesGrp/FundraisingAmt1210
IRS990/OtherExpensesGrp/FundraisingAmt23379
IRS990/OtherExpensesGrp/FundraisingAmt3311
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01178389
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13029981
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2636386
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt371646
IRS990/OtherExpensesGrp/ProgramServicesAmt04406922
IRS990/OtherExpensesGrp/ProgramServicesAmt1404610
IRS990/OtherExpensesGrp/ProgramServicesAmt2531462
IRS990/OtherExpensesGrp/TotalAmt05591880
IRS990/OtherExpensesGrp/TotalAmt13030191
IRS990/OtherExpensesGrp/TotalAmt21044375
IRS990/OtherExpensesGrp/TotalAmt3603419
IRS990/OtherLiabilitiesGrp/BOYAmt08879679
IRS990/OtherLiabilitiesGrp/EOYAmt01087675
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/Desc1FINANCIAL REVENUE
IRS990/OtherRevenueMiscGrp/Desc2SALES OF TEACHING MATERIALS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0232852
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt142908
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt217379
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0232852
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt142908
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt217379
IRS990/OtherRevenueTotalAmt0293139
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0364289
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05529630
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06205237
IRS990/OtherSalariesAndWagesGrp/TotalAmt012099156
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0174321
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt02095
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt082130
IRS990/PaymentsToAffiliatesGrp/TotalAmt084225
IRS990/PensionPlanContributionsGrp/FundraisingAmt02770
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt011216
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt059735
IRS990/PensionPlanContributionsGrp/TotalAmt073721
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0151006
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0176128
IRS990/PrincipalOfficerNm0ERIKA BERNAL
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENTIAL PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc1EXECUTIVE DEGREE PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc2EXECUTIVE PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc3OTHER PROGRAMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07519087
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16624078
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25463989
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31737044
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07519087
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16624078
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25463989
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31737044
IRS990/ProgSrvcAccomActy2Grp/Desc0RESIDENTIAL PROGRAMS APPROXIMATELY 147 NEW STUDENTS PER YEAR AND 195 GRADUATED PER YEAR
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt05520934
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt07519087
IRS990/ProgSrvcAccomActy3Grp/Desc0EXECUTIVE PROGRAMS APPROXIMATELY 128 SEMINAR PER YEAR
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt03568934
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt05463989
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAM SERVICES ARE RELATED TO ADMISSION EXAMS, SPECIAL JUNIOR PROGRAMS, FOOD AND HOUSING
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt01737044
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt015649540
IRS990/PYProgramServiceRevenueAmt035534119
IRS990/PYRevenuesLessExpensesAmt01297144
IRS990/PYSalariesCompEmpBnftPaidAmt018587435
IRS990/PYTotalExpensesAmt034236975
IRS990/PYTotalRevenueAmt035534119
IRS990/ReconcilationRevenueExpnssAmt0448184
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt06624078
IRS990ScheduleA/SchoolInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$96,802,101
Liabilities
$16,813,859
Net assets
$79,988,242
Revenue
$28,675,440
Expenses
$28,227,256
Net income
$448,184
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$84.5$22.7$61.8$34.1$34.8$0.66
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$81.5$19.1$62.3$35.1$37.8$2.69
2022Detailed filing. Detailed filing data is available for this year.$93.8$18.3$75.5$28.7$34.1$5.37
2021Detailed filing. Detailed filing data is available for this year.$99.0$18.1$80.9$28.9$28.1$0.82
2020Detailed filing. Detailed filing data is available for this year.$96.8$16.8$80.0$28.7$28.2$0.45
2019Detailed filing. Detailed filing data is available for this year.$107$28.6$78.3$35.5$34.2$1.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$110$34.0$76.3$33.9$34.8$0.89
2016Detailed filing. Detailed filing data is available for this year.$84.7$14.0$70.7$31.1$29.7$1.50
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$83.2$14.4$68.8$30.5$29.8$0.71
2014Detailed filing. Detailed filing data is available for this year.$76.9$12.4$64.5$27.5$27.2$0.30
2013Detailed filing. Detailed filing data is available for this year.$72.2$10.5$61.7$25.4$24.9$0.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.8$9.06$17.8$22.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.2$7.43$18.8$19.7