Civic Intelligence

Lean Global Network Inc.

990 • Fiscal year 2019 • EIN 26-1222440

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 13, 2020

27-43 Wormwood Street No 410Boston, MA 02210

(617) 871-2944

Siviq Scores

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

Liabilities / Assets

78th percentile

0.42x

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

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

Liabilities / Revenue

72nd percentile

0.30x

Higher debt load relative to revenue than 72% of similar nonprofits.

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

Net Margin

32nd percentile

-2.5%

Higher net margin than 32% of similar nonprofits.

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

Top Officer Pay

73rd percentile

$111,561

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 10.1% of source-year revenue.

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

Asset Growth

76th percentile

17%

Faster asset growth than 76% of similar nonprofits.

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

Revenue Growth

16th percentile

-17%

Faster revenue growth than 16% of similar nonprofits.

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

Assets

Up

$779,346

Up $111,694 (+17%) from 2018

Net Assets

Down

$449,842

Down $27,789 (-5.8%) from 2018

Liabilities

Up

$329,504

Up $139,483 (+73%) from 2018

Revenue

Down

$1,100,320

Down $230,966 (-17%) from 2018

Expenses

Down

$1,128,109

Down $120,659 (-9.7%) from 2018

Net Income

Down

-$27,789

Down $110,307 (-134%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $380,906Liabilities 2010: $75,402Net Assets 2010: $305,5042010Assets 2011: $573,847Liabilities 2011: $39,563Net Assets 2011: $534,2842011Assets 2012: $839,609Liabilities 2012: $145,439Net Assets 2012: $694,1702012Assets 2013: $493,846Liabilities 2013: $20,726Net Assets 2013: $473,1202013Assets 2014: $360,692Liabilities 2014: $10,542Net Assets 2014: $350,1502014Assets 2015: $329,699Liabilities 2015: $52,087Net Assets 2015: $277,6122015Assets 2016: $263,934Liabilities 2016: $50,729Net Assets 2016: $213,2052016Assets 2017: $636,652Liabilities 2017: $241,539Net Assets 2017: $395,1132017Assets 2018: $667,652Liabilities 2018: $190,021Net Assets 2018: $477,6312018Assets 2019: $779,346Liabilities 2019: $329,504Net Assets 2019: $449,8422019Assets 2020: $783,350Liabilities 2020: $218,607Net Assets 2020: $564,7432020Assets 2021: $770,477Liabilities 2021: $210,259Net Assets 2021: $560,2182021Assets 2022: $773,800Liabilities 2022: $131,821Net Assets 2022: $641,9792022Assets 2023: $859,780Liabilities 2023: $93,896Net Assets 2023: $765,8842023Assets 2024: $813,655Liabilities 2024: $22,450Net Assets 2024: $791,2052024

Highlighted filing

2019

Assets$779,346
Liabilities$329,504
Net Assets$449,842

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $416,547Expenses 2010: $374,487Net Income 2010: $42,0602010Expenses 2011: $205,2312011Expenses 2012: $334,1862012Expenses 2013: $255,6982013Revenue 2014: $192,947Expenses 2014: $315,917Net Income 2014: -$122,9702014Revenue 2015: $207,869Expenses 2015: $280,407Net Income 2015: -$72,5382015Revenue 2016: $288,727Expenses 2016: $353,134Net Income 2016: -$64,4072016Revenue 2017: $1,158,799Expenses 2017: $1,006,396Net Income 2017: $152,4032017Revenue 2018: $1,331,286Expenses 2018: $1,248,768Net Income 2018: $82,5182018Revenue 2019: $1,100,320Expenses 2019: $1,128,109Net Income 2019: -$27,7892019Revenue 2020: $941,870Expenses 2020: $908,004Net Income 2020: $33,8662020Revenue 2021: $178,002Expenses 2021: $184,479Net Income 2021: -$6,4772021Revenue 2022: $308,614Expenses 2022: $212,069Net Income 2022: $96,5452022Revenue 2023: $294,440Expenses 2023: $274,634Net Income 2023: $19,8062023Revenue 2024: $315,543Expenses 2024: $244,071Net Income 2024: $71,4722024

Highlighted filing

2019

Revenue$1,100,320
Expenses$1,128,109
Net Income-$27,789
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 13, 2020
Return Version
2018v3.2
Gross Receipts
$1,100,320
Mission and Program Overview

Mission

To support and enable the dissemination, teaching, and promotion of lean principles throughout the world and the development of lean leaders via a network of institutes, known as affiliates, who promote and advance lean thinking.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$482,593$525,205▲ $42,612
Cash and Non-Interest-Bearing Accounts$165,889$239,110▲ $73,221
Intangible Assets$19,170$15,031▼ $4,139
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$667,652$779,346▲ $111,694
Liabilities
Accounts Payable and Accrued Expenses$168,645$274,096▲ $105,451
Other Liabilities$21,376$55,408▲ $34,032
Total Liabilities$190,021$329,504▲ $139,483
Net Assets / Fund Balance
Unrestricted Net Assets$477,631$449,842▼ $27,789
Total Net Assets Fund Balance$477,631$449,842▼ $27,789
Total Liabilities and Net Assets / Fund Balance$667,652$779,346▲ $111,694

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$1,302$1,302
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew SavasDirectorFT$90,352$21,209$111,561

Board Members and Trustees

NameTitle
John ShookChairman & Clerk
Jose FerroVice Chair
Anton GrutterDirector
Arnaldo CamuffoDirector
Boaz TamirDirector
David BruntDirector
Jens Kristian JorgensenDirector
Marcus ChaoDirector
Maria Pia IgnaceDirector
Oriol CuatrecasasDirector
Peter WalshDirector
S SandilyaDirector
Szabolcs MolnarDirector
Rene AernoudtsDir/euro Regional Leader
Yalcin IpbukenDir/middle East Regional Leader
JOHN O'DONNELLExec Dir/asst. Clerk (until 8/31/18)
Tomasz KochTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Lean Management InstituutCoaching Fees/web Journal2121 RAWSONVILLE ROAD, Belleville, MI 48111, Nl$475,889
Lean Enterprise AustraliaCoaching FeesLEVEL 4 90 WILLIAM STREET, Melbourne, VICTORIA, As$219,043
Lean Transformation GroupCoaching FeesMARGES 14 BAIXOS 08172, Sant Cugat Del Valles, BARCELONA, Sp$163,041
Instituto Lean ManagementCoaching Fees-$127,001
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,100,320
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-27,789

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,100,320
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,100,320
Total Revenue per Form 990
$1,100,320
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,128,109
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$144,359$16,040-$160,399
Conferences and Meetings$22,694$2,522-$25,216
Other Expenses$21,341$7,865-$21,341
Travel$11,850$1,317-$13,167
Fees for Services Accounting-$9,000-$9,000
Occupancy$5,400$600-$6,000
Office Expenses$4,674$518-$5,192
Depreciation Depletion$3,900$433-$4,333
Information Technology$1,107$123-$1,230
All Other Expenses$85--$85
Total Functional Expenses$1,089,691$38,418$0$1,128,109

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,128,109
Total Expenses per Audited Statements$1,128,109
Total Expenses per Form 990$1,128,109
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$833,402

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 PacificProgram ServicesPartnering With Coaches From the Affiliated Institutes Around the World to Develop the Lean Thinking Capabilities of Lgn Institutes and Companies and Other Forms of Organizations Interested in Learning About Lean Thinking and How Lean Thinking Can Improve Their Performance and Results.00$636,490
Europe (including Iceland & Greenland)Program ServicesPartnering With Coaches From the Affiliated Institutes Around the World to Develop the Lean Thinking Capabilities of Lgn Institutes and Companies and Other Forms of Organizations Interested in Learning About Lean Thinking and How Lean Thinking Can Improve Their Performance and Results.00$196,912
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$55,408
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
No
Management duties delegated
No

Governance Explanations

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

The board of directors receive a copy of the tax return for their review. The treasurer then approves the irs form 990 prior to its filing.

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

At annual board meetings, the conflict of interest policy is distributed to all board members along with a certification and disclosure form which is completed and signed by each board member and retained in the network's files.

Form 990, Part VI, Section B, Line 15

An independent consultant retained by the compensation committee reviewed the payment policy for management and program services.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Lean Global Network Inc
EIN
26-1222440
Phone
6178712944
Address
27-43 WORMWOOD STREET NO 410, BOSTON, MA 02210

Signing Officer

Name
Matthew Savas
Title
Current Director
Phone
6178712944
Signed
2020-07-13

Organization Details

Principal Officer
JOHN O'DONNELL
Formed
2007
Legal Domicile
Ma
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
0

Preparer

Firm
Moody Famiglietti & Andronico Llp
Address
1 HIGHWOOD DRIVE, TEWKSBURY, MA 01876
Preparer
Matthew Kalil CPA Mba
Phone
9785575300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Personnel and related costs: program service expenses 144,359. Management and general expenses 16,040. Fundraising expenses 0. Total expenses 160,399.

FORM 990, PART XII, LINE 2C:

The organization has a committee that assumes responsibility for oversight for the audit of its financial statements and selection of an independent accountant. This process has not changed during the year.

Financial Statement Notes

PART X, LINE 2:

The organization is a nonprofit corporation as described in section 501(c)(3) of the internal revenue code and is exempt from federal and state income taxes on trade or business profits generated by activities related to the organization's exempt function. The organization may be subject to federal and state income taxes for profits generated from trade or business activities unrelated to the organization's exempt function. As of june 30, 2019, management believes that the organization has not generated any unrelated business taxable income. The organization assesses the recording of uncertain tax positions by evaluating the minimum recognition threshold and measurement requirements a tax position must meet before being recognized as a benefit in the financial statements. The organization's policy is to recognize interest and penalties accrued on any uncertain tax positions as a component of income tax expense, if any, in its statements of activities.

Raw XML AppendixShowing 400 of 548 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/ReportableCompFromOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHAIRMAN & CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIR/EURO REGIONAL LEADER
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIR/MIDDLE EAST REGIONAL LEADER
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXEC DIR/ASST. CLERK (UNTIL 8/31/18)
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO SUPPORT AND ENABLE THE DISSEMINATION, TEACHING, AND PROMOTION OF LEAN PRINCIPLES THROUGHOUT THE WORLD AND THE DEVELOPMENT OF LEAN LEADERS VIA A NETWORK OF INSTITUTES, KNOWN AS AFFILIATES, WHO PROMOTE AND ADVANCE LEAN THINKING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0477631
IRS990/NetAssetsOrFundBalancesEOYAmt0449842
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
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IRS990/OtherExpensesGrp/Desc1WEB JOURNAL
IRS990/OtherExpensesGrp/Desc2ANNUAL CONFERENCE
IRS990/OtherExpensesGrp/Desc3BAD DEBT
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IRS990/OtherExpensesGrp/ProgramServicesAmt0757078
IRS990/OtherExpensesGrp/ProgramServicesAmt193603
IRS990/OtherExpensesGrp/ProgramServicesAmt223600
IRS990/OtherExpensesGrp/ProgramServicesAmt321341
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt261097
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE ORGANIZATION AND ITS AFFILIATES SPEAK AND TEACH AT CONFERENCES AND OTHER EVENTS ON THE TOPIC OF LEAN THINKING.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt061097
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PUBLISHING THOUGHT-LEADING CONTENT ON LEAN THINKING AND PRACTICE ON THE LEAN GLOBAL NETWORK'S ONLINE JOURNAL, PLANET LEAN.
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IRS990/ReportProgramRelatedInvstInd00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05957
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01100320
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01325329
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01158799
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0288727
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0207869
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01100320
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01331286
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01158799
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0288727
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0207869
IRS990ScheduleA/Total509Grp/TotalAmt04087001
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01100320
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01331286
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01158799
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0207869
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04087001
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01302
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01302
IRS990ScheduleD/ExpensesNotReportedAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.81$0.02$0.79$0.32$0.24$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.86$0.09$0.77$0.29$0.27$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.77$0.13$0.64$0.31$0.21$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.21$0.56$0.18$0.18$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.78$0.22$0.56$0.94$0.91$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.78$0.33$0.45$1.10$1.13$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.67$0.19$0.48$1.33$1.25$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.64$0.24$0.40$1.16$1.01$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.26$0.05$0.21$0.29$0.35$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.33$0.05$0.28$0.21$0.28$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.36$0.01$0.35$0.19$0.32$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.02$0.47$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.15$0.69$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.04$0.53$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.08$0.31$0.42$0.37$0.04
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $1M-$5M nonprofits