Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.21x
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
80th percentile
Higher net margin than 80% of similar nonprofits.
Top Officer Pay
74th percentile
Higher top officer pay than 74% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Up$374,144
Up $200,569 (+116%) from 2010
Net Assets
Up-$80,408
Up $188,666 (+70%) from 2010
Liabilities
Up$454,552
Up $11,903 (+2.7%) from 2010
Revenue And Expenses
Revenue
$291,476
No earlier filing loaded for comparison.
Expenses
Down$223,383
Down $380,703 (-63%) from 2010
Net Income
$68,093
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- Nov 13, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $291,476
Mission and Program Overview
Mission
World Digestive Health Day - Every 29th of May, WGO, in collaboration with the WGO Foundation, celebrates World Digestive Health Day and initiates a yearlong, worldwide, public health campaign through more than 100 WGO Member Societies which reach over 50,000 individuals worldwide, WGO Training Centers, Regional Affiliate Associations and other WGO global partners. Each year focuses upon a particular digestive disease and/or disorder in order to increase general public awareness of prevention, prevalence, diagnosis, management and treatment of the disease and/or disorder.
To raise financial support to develop and sustain the wgo's global training and education programs, especially in developing, low-resource countries.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $406,052 | $374,144 | ▼ $31,908 |
| Savings and Temporary Cash Investments | - | $0 | - |
| Accounts Receivable | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Land, Buildings, and Equipment, Net | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $406,052 | $374,144 | ▼ $31,908 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Other Liabilities | $554,553 | $454,552 | ▼ $100,001 |
| Total Liabilities | $554,553 | $454,552 | ▼ $100,001 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $54,164 | $104,164 | ▲ $50,000 |
| Unrestricted Net Assets | $-202,665 | $-184,572 | ▲ $18,093 |
| Total Net Assets Fund Balance | $-148,501 | $-80,408 | ▲ $68,093 |
| Total Liabilities and Net Assets / Fund Balance | $406,052 | $374,144 | ▼ $31,908 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Eamonn Quigley Md Frcp Facp | Chairman |
| Richard Hunt Md | Vice Chairman |
| Deepak Kumar Bhasin Md | Director |
| Douglas Labrecque Md | Director |
| Franco Bazzoli Md | Director |
| Frank Zerbib Md | Director |
| Greger Lindberg Md | Director |
| Henry Cohen Md | Director |
| James Toouli Mbbs Phd | Director |
| Kallipatti R Palaniswamy Md | Director |
| Richard Kozarek Md | Director |
| Richard N Fedorak Md | Secretary |
| Jack Di Palma Md | Treasurer |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Executive Director Inc | Management | 555 E WELLS STREET STE 1100, Milwaukee, WI 53202 | $194,412 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $291,476
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $0
- All Other Contributions
- $291,476
- Change in Net Assets
- $68,093
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $223,383 |
| Total Fundraising Expense | $72,941 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | $103,260 | $18,222 | $72,930 | $194,412 |
| Conferences and Meetings | $23,702 | $2,021 | - | $25,723 |
| Office Expenses | - | $2,197 | $11 | $2,208 |
| Advertising | - | $809 | - | $809 |
| Information Technology | - | $231 | - | $231 |
| Total Functional Expenses | $126,962 | $23,480 | $72,941 | $223,383 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| AP- WGO Society | $454,551 |
| Rounding | $1 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- 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
- Yes
Governance Explanations
Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
“The Organization is managed by Executive Director Incorporated, a for-profit management company.”
Form 990, Part VI, Line 11B: Form 990 Review Process
“A copy of the draft 990 is made available to the governing body before the return is filed. After review, any subsequent feedback provided by the governing body is included in the final return.”
Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts
“The organization's policy covers all board of directors. The determination and review of potential conflicts can happen both the board and management levels. To ensure the Organization operates in a manner consistent with its scientific and educational purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted by the Board and appropriate actions taken should it be determined a conflict exists (recusal from voting, etc.)”
Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management
“The Organization is managed by Executive Director Incorporated, a for-profit management company.The Organization has no official employees because all staff assigned to the Organization are employees of the management company. The Organization does not compensate Directors, other top officials, nor has anybody that fits the definition of a Key Employee. The management contract includes providing office facilities, management, record-keeping, accounting, storage, other significant services, and related overhead costs. The Organizations management fee is compared to data from the Benchmarking Series Publication-Operating Ratio Report provided by ASAE & the Center Industry Research and is approved by the Organizations Board of Directors. This data outlines percentages of an Organizations budget spent on expense line items included in the Organizations management fee.”
Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees
“The Organization is managed by Executive Director Incorporated, a for-profit management company.The Organization has no official employees because all staff assigned to the Organization are employees of the management company. The Organization does not compensate Directors, other top officials, nor has anybody that fits the definition of a Key Employee. The management contract includes providing office facilities, management, record-keeping, accounting, storage, other significant services, and related overhead costs. The Organizations management fee is compared to data from the Benchmarking Series Publication-Operating Ratio Report provided by ASAE & the Center Industry Research and is approved by the Organizations Board of Directors. This data outlines percentages of an Organizations budget spent on expense line items included in the Organizations management fee.”
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
“All governing documents are either available on the organization's website or available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Wgo Foundation
- EIN
- 26-1878618
- Phone
- 4149189798
- Address
- 555 E WELLS STREET, MILWAUKEE, WI 53202
Signing Officer
- Name
- Jack Di Palma Md
- Title
- Treasurer
- Signed
- 2015-11-13
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Eamonn Quigley Md Frcp Facp
- Formed
- 2007
- Legal Domicile
- Mi
- Voting Board Members
- 13
- Independent Board Members
- 13
- Employees
- 0
Preparer
- Firm
- Ritz Holman LLP
- Address
- 330 E Kilbourn Ste 550, Milwaukee, WI 53202-3144
- Preparer
- Katy L Sommer
- Phone
- 4142711451
Supplemental Narrative
Financial Statement Notes
Part X : FIN48 Footnote
“The Organization is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code and is classified as other than a private foundation. Management has reviewed all tax positions recognized in previously filed tax returns and those expected to be taken in future tax returns. As of December 31, 2014, the Organization had no amounts related to unrecognized income tax benefits and no amounts related to accrued interest and penalties. The Organization does not anticipate any significant changes to unrecognized income tax benefits over the next year.”
Raw XML AppendixShowing 400 of 489 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/CYTotalRevenueAmt | 0 | 291476 |
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| IRS990/Desc | 0 | World Digestive Health Day - Every 29th May, WGO celebrates World Digestive Health Day and initiates a worldwide public health campaign through its 110 national societies and 50,000 members. Each year focuses upon a particular digestive disorder in order to increase general public awareness of prevention and therapy. For 2014 the theme was: Gut Microbes - Importance in Health and Disease. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | VICE CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Director |
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| IRS990/MissionDesc | 0 | TO RAISE FINANCIAL SUPPORT TO DEVELOP AND SUSTAIN THE WGO'S GLOBAL TRAINING AND EDUCATION PROGRAMS, ESPECIALLY IN DEVELOPING, LOW-RESOURCE COUNTRIES. |
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| IRS990/PrincipalOfficerNm | 0 | EAMONN QUIGLEY MD FRCP FACP |
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| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | World Gastroenterology Organisation |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 1 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | AP- WGO Society |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Rounding |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The Organization is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code and is classified as other than a private foundation. Management has reviewed all tax positions recognized in previously filed tax returns and those expected to be taken in future tax returns. As of December 31, 2014, the Organization had no amounts related to unrecognized income tax benefits and no amounts related to accrued interest and penalties. The Organization does not anticipate any significant changes to unrecognized income tax benefits over the next year. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X : FIN48 Footnote |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The Organization is managed by Executive Director Incorporated, a for-profit management company. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | A copy of the draft 990 is made available to the governing body before the return is filed. After review, any subsequent feedback provided by the governing body is included in the final return. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The organization's policy covers all board of directors. The determination and review of potential conflicts can happen both the board and management levels. To ensure the Organization operates in a manner consistent with its scientific and educational purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted by the Board and appropriate actions taken should it be determined a conflict exists (recusal from voting, etc.) |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The Organization is managed by Executive Director Incorporated, a for-profit management company.The Organization has no official employees because all staff assigned to the Organization are employees of the management company. The Organization does not compensate Directors, other top officials, nor has anybody that fits the definition of a Key Employee. The management contract includes providing office facilities, management, record-keeping, accounting, storage, other significant services, and related overhead costs. The Organizations management fee is compared to data from the Benchmarking Series Publication-Operating Ratio Report provided by ASAE & the Center Industry Research and is approved by the Organizations Board of Directors. This data outlines percentages of an Organizations budget spent on expense line items included in the Organizations management fee. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | The Organization is managed by Executive Director Incorporated, a for-profit management company.The Organization has no official employees because all staff assigned to the Organization are employees of the management company. The Organization does not compensate Directors, other top officials, nor has anybody that fits the definition of a Key Employee. The management contract includes providing office facilities, management, record-keeping, accounting, storage, other significant services, and related overhead costs. The Organizations management fee is compared to data from the Benchmarking Series Publication-Operating Ratio Report provided by ASAE & the Center Industry Research and is approved by the Organizations Board of Directors. This data outlines percentages of an Organizations budget spent on expense line items included in the Organizations management fee. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | All governing documents are either available on the organization's website or available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | NA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | WORLD GASTROENTEROLOGY ORGANISATION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 382887598 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501 (C) (3) |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | MEDICAL MEMBERSHIP ORGANIZATION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | 9 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 555 E WELLS STREET STE 1100 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | MILWAUKEE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | WI |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 53202 |
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Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $374,144
- Liabilities
- $454,552
- Net assets
- -$80,408
- Revenue
- $291,476
- Expenses
- $223,383
- Net income
- $68,093