Civic Intelligence

Global Sourcing Council Inc

990EZ • Fiscal year 2016 • EIN 26-1350879

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

C/O Marcum 750 Third Avenue Suite 1New York, NY 10017-2716

(212) 485-5500

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

69th percentile

14%

Higher net margin than 69% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

84th percentile

47%

Faster asset growth than 84% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

85th percentile

45%

Faster revenue growth than 85% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$35,308

Up $11,221 (+47%) from 2015

Net Assets

Up

$35,308

Up $11,221 (+47%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$83,108

Up $25,701 (+45%) from 2015

Expenses

Up

$71,887

Up $12,232 (+21%) from 2015

Net Income

Up

$11,221

Up $13,469 (+599%) from 2015

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2013: $11,119Liabilities 2013: $0Net Assets 2013: $11,1192013Assets 2014: $26,335Liabilities 2014: $0Net Assets 2014: $26,3352014Assets 2015: $24,087Liabilities 2015: $0Net Assets 2015: $24,0872015Assets 2016: $35,308Liabilities 2016: $0Net Assets 2016: $35,3082016Assets 2017: $1,707Liabilities 2017: $0Net Assets 2017: $1,7072017Assets 2018: $2,239Liabilities 2018: $0Net Assets 2018: $2,2392018Assets 2019: $1,096Liabilities 2019: $0Net Assets 2019: $1,0962019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2016

Assets$35,308
Liabilities$0
Net Assets$35,308

Operations Trend

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

$100K$50K$0-$50KRevenue 2013: -$20,408Expenses 2013: $4,655Net Income 2013: -$25,0632013Revenue 2014: $21,627Expenses 2014: $6,411Net Income 2014: $15,2162014Revenue 2015: $57,407Expenses 2015: $59,655Net Income 2015: -$2,2482015Revenue 2016: $83,108Expenses 2016: $71,887Net Income 2016: $11,2212016Revenue 2017: $20,079Expenses 2017: $53,680Net Income 2017: -$33,6012017Revenue 2018: $7,916Expenses 2018: $7,384Net Income 2018: $5322018Revenue 2019: $302Expenses 2019: $1,445Net Income 2019: -$1,1432019Revenue 2020: $0Expenses 2020: $1,096Net Income 2020: -$1,0962020

Highlighted filing

2016

Revenue$83,108
Expenses$71,887
Net Income$11,221
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.1
Gross Receipts
$83,108
Mission and Program Overview

Mission

To promote an exchange of ideas and information among businesses, trade organizations, government agencies, non-profit organizations and academics; to discuss and define practices in global sourcing; and to encourage progressive economic growth leading to increased trade, investment and social good, all with an aim to increase knowledge, deepen trade relations and broaden commercial and cultural ties among nations.

Program Services

DescriptionGrantsExpenses
THE GSC 3S AWARDS IS A GLOBAL EMPOWERMENT PLATFORM FOR SMALL AND MID-SIZE "PROFIT WITH PURPOSE" BUSINESS ENTERPRISES. ESTABLISHED IN 2008, THE GSC 3S AWARDS PROGRAM RECOGNIZES INDIVIDUALS AND ORGANIZATIONS THAT HAVE DEMONSTRATED EXCEPTIONAL SOCIAL AND ECONOMIC LEADERSHIP IN INNOVATING, IMPROVING AND IMPLEMENTING SUSTAINABLE AND SOCIALLY RESPONSIBLE SOURCING (3S) PRACTICES. THE ANNUAL 3S AWARDS PROGRAM IDENTIFIES, HONORS AND EMPOWERS SOCIAL ENTREPRENEURS BY PROVIDING GLOBAL VISIBILITY, CONNECTIONS TO SUCCESSFUL GLOBAL BUSINESS LEADERS AND ACCESS TO BUSINESS RESOURCES AND FINANCIAL CAPITAL TO SUCCEED.-$24,233
SDG (SUSTAINABLE DEVELOPMENT GOALS) OUTREACH 17/17: THE GLOBAL SOURCING COUNCIL HAS DEVELOPED THE "17 WEEKS/17 SDG'S" INITIATIVE TO HELP BUSINESSES TRANSLATE THESE ASPIRATIONAL GLOBAL GOALS INTO ACTION. THE GSC 17/17 PROGRAM AIMS TO: (1) INFORM AND ENGAGE THE GLOABL BUSINESS COMMUNITY IN THE 2030 AGENDA; (2) PROVIDE GLOBAL VISIBILITY FOR BUSINESSES EMBRACING SDGS THROUGH THEIR BUSINESS STRATEGIES; AND (3) INSPIRE BUSINESSES BY SHARING BEST PRACTICES OF LEADERS WHO ACTIVELY EMBRACE THE SDGS.-$15,374
GSC ADVISORY COUNCIL: THE GSC'S ADVISORY COUNCIL CONVENES ON A BI-ANNUAL BASIS TO DISCUSS THE GSC'S ACTIVITIES, FOCUS, AND GOALS WITH A GROUP OF RENOWNED EXPERTS FROM VARIOUS AREAS OF SUSTAINABLE BUSINESS. THE 2016 GSC ADVISORY COUNCIL MEETING TOOK PLACE AT THE UNITED NATIONS HEADQUARTERS. GOALS OF THE MEETING WERE (1) GAIN DEEPER UNDERSTANDING OF HOW TO EMPOWER GLOBAL SOCIAL ENTREPRENEURS AND PARTICIPANTS OF THE GLOBAL SUPPLY CHAINS; (2) IDENTIFY EFFECTIVE AND EFFICIENT STRATEGIES TO SUPPORT THEM IN SCALING UP THEIR PROGRAMS, WHICH NOT ONLY DELIVER QUALITY PRODUCTS AND SERVICES TO GLOBAL SUPPLY CHAINS, BUT PRODUCE SOCIAL VALUES; AND (3) DEVELOP THE FRAMEWORK FOR IMPLEMENTING THE STRATEGIES IDENTIFIED.-$9,903
COURSE MATERIALS FOR PRESENTATION AT SIG UNIVERSIT$800-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WANDA R LOPUCHChair Of The Board/PresPT$0--
FRANCOIS DEGUELDREVice Pres/Board Member-$0--
KAREN MORRISBoard Member/Secretary-$0--
PATRICIA CHAVESBoard Member-$0--
BOBBY VARANASIVice Pres/Board Member-$0--
BARBARA HASSELMANTreasurer-$0--
MAUNG MINBoard Member-$0--
AMIT BANSALBoard Member-$0--
NANCY BREEDBoard Member-$0--
LOUIS COPPOLABoard Member-$0--
JENNY RODRIGUEZBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Global Sourcing Council Inc
EIN
26-1350879
In Care Of
% BARBARA HASSELMAN MARCUM LL
Phone
2124855500
Address
C/O Marcum 750 Third Avenue Suite 1, New York, NY 10017-2716

Signing Officer

Name
Wanda Lopuch
Title
President
Phone
2124855500
Signed
2017-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Marcum Llp
Address
750 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Barbara Hasselman
Phone
2124855500
Supplemental Narrative

Additional Explanations

Fund

The Global Sourcing Council (GSC) honors individuals and organizations that have demonstrated exceptional social and economic leadership in innovating, improving and implementing Sustainable and Socially Responsible Sourcing (3S) practices. 3S practices are those activities that individuals or organisations do to ensure that they make a meaningful impact across their value chain into the lives of the buyers, suppliers, business partners, advisory services and surrounding communities, which are not only socially responsible but sustainable as well.

Form 990EZ Part I Line 16

Description:PROFESSIONAL SERVICES - MEDIA & MARKETING Amount:10046

Form 990EZ Part I Line 16

Description:BANK CHARGES & CREDIT CARD FEES Amount:97

Form 990EZ Part I Line 16

Description:DUES & SUBSCRIPTIONS Amount:440

Form 990EZ Part I Line 16

Description:FEES & LICENSES Amount:191

Form 990EZ Part I Line 16

Description:PROGRAM SERVICE-3SA AWARDS - PROF SVCS MGT/DEVELOP Amount:16650

Form 990EZ Part I Line 16

Description:PROGRAM SERVICE-3SA AWARDS - TRAVEL Amount:811

Form 990EZ Part I Line 16

Description:PROGRAM SERVICE-3SA AWARDS - PROF SVCS-MEDIA Amount:2732

Form 990EZ Part I Line 16

Description:PROGRAM SERVICE-3SA AWARDS-PROF SVC-WEBSITE DESIGN Amount:4040

Form 990EZ Part I Line 16

Description:PROGRAM SERVICE-UN 17/17 SDG-PROF SVC MKTNG/DIST Amount:2500

Form 990EZ Part I Line 16

Description:PROGRAM SERVICE-UN 17/17 SDG-PROF SVC MGT/DEVELOP Amount:5550

Form 990EZ Part I Line 16

Description:WEBSITE Amount:4921

Form 990EZ Part I Line 16

Description:MEETINGS & CONFERENCES Amount:2748

Form 990EZ Part I Line 16

Description:PROF FEES - DATA BASE & MEMBERSHIP Amount:2500

Form 990EZ Part I Line 16

Description:PROGRAM SVC-UN 17/17 SDG-PROF SVC PUBLIC RELATIONS Amount:3500

Form 990EZ Part I Line 16

Description:PROGRAM SVC-UN 17/17 SDG-PROF SVC-MEDIA Amount:2732

Form 990EZ Part I Line 16

Description:PROGRAM SVC-UN 17/17 SDG-WEBSIDE DESIGN Amount:921

Form 990EZ Part I Line 16

Description:PROGRAM SVC-UN 17/17 SDG-SUPPLIES Amount:171

Form 990EZ Part I Line 16

Description:PROGRAM SVC-UN ADVISORY COUNCIL LUNCH-CATERING Amount:5023

Form 990EZ Part I Line 16

Description:PROGRAM SVC-UN ADVISORY COUNCIL LUNCH-EVENT PLANNG Amount:1000

Form 990EZ Part I Line 16

Description:PROG SVC-UN ADVISORY COUN LUNCH-PROF SVC MGT/DEVEL Amount:3700

Form 990EZ Part I Line 16

Description:PROG SVC-UN ADVISORY COUN LUNCH-SUPPLIES Amount:180

Form 990EZ Part I Line 16

Description:PROG SVC - PROF FEE - COURSE PRESENTATION Amount:800

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Global Sourcing Council (GSC) honors individuals and organizations that have demonstrated exceptional social and economic leadership in innovating, improving and implementing Sustainable and Socially Responsible Sourcing (3S) practices. 3S practices are those activities that individuals or organisations do to ensure that they make a meaningful impact across their value chain into the lives of the buyers, suppliers, business partners, advisory services and surrounding communities, which are not only socially responsible but sustainable as well.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:PROFESSIONAL SERVICES - MEDIA & MARKETING Amount:10046
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:BANK CHARGES & CREDIT CARD FEES Amount:97
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:DUES & SUBSCRIPTIONS Amount:440
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Description:PROF FEES - DATA BASE & MEMBERSHIP Amount:2500
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