Civic Intelligence

Us-Brazil Connect

990 • Fiscal year 2013 • EIN 26-4399242

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 11, 2014

1201 Williams Street No 4A80218

(303) 322-8190

Siviq Scores

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

Liabilities / Assets

58th percentile

0.10x

Higher debt load relative to assets than 58% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

39th percentile

0.02x

Higher debt load relative to revenue than 39% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

56th percentile

5.4%

Higher net margin than 56% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

84th percentile

$80,000

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 15.8% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

$80,129

No earlier filing loaded for comparison.

Net Assets

$72,265

No earlier filing loaded for comparison.

Liabilities

$7,864

No earlier filing loaded for comparison.

Revenue

$506,609

No earlier filing loaded for comparison.

Expenses

$479,025

No earlier filing loaded for comparison.

Net Income

$27,584

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $80,129Liabilities 2013: $7,864Net Assets 2013: $72,2652013Assets 2014: $204,375Liabilities 2014: $140,710Net Assets 2014: $63,6652014Assets 2015: $427,417Liabilities 2015: $261,829Net Assets 2015: $165,5882015Assets 2016: $238,320Liabilities 2016: $74,583Net Assets 2016: $163,7372016Assets 2017: $190,647Liabilities 2017: $69,170Net Assets 2017: $121,4772017Assets 2018: $143,786Liabilities 2018: $36,043Net Assets 2018: $107,7432018

Highlighted filing

2013

Assets$80,129
Liabilities$7,864
Net Assets$72,265

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2013: $506,609Expenses 2013: $479,025Net Income 2013: $27,5842013Revenue 2014: $996,342Expenses 2014: $1,000,442Net Income 2014: -$4,1002014Revenue 2015: $1,547,260Expenses 2015: $1,445,337Net Income 2015: $101,9232015Revenue 2016: $485,830Expenses 2016: $487,681Net Income 2016: -$1,8512016Revenue 2017: $250,663Expenses 2017: $292,923Net Income 2017: -$42,2602017Revenue 2018: $248,372Expenses 2018: $262,106Net Income 2018: -$13,7342018

Highlighted filing

2013

Revenue$506,609
Expenses$479,025
Net Income$27,584
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 11, 2014
Return Version
2013v3.0
Gross Receipts
$506,609
Mission and Program Overview

Mission

Strengthens education and builds economic opportunities by connecting communities, engaging leaders, and creating transformative learning experiences linking the united states and brazil

Builds skills, strenghtens education, and expands economic opportunity by creating transformative learning experiences linking the united states and brazil

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$128,865$42,294▼ $86,571
Accounts Receivable-$36,653-
Pledges and Grants Receivable$10,000--
Prepaid Expenses and Deferred Charges$952$952→ $0
Land, Buildings, and Equipment, Net$690$230▼ $460
Total Assets$140,507$80,129▼ $60,378
Liabilities
Deferred Revenue$95,166--
Accounts Payable and Accrued Expenses$660$7,864▲ $7,204
Total Liabilities$95,826$7,864▼ $87,962
Net Assets / Fund Balance
Unrestricted Net Assets$16,696$53,567▲ $36,871
Temporarily Rstr Net Assets$27,985$18,698▼ $9,287
Total Net Assets Fund Balance$44,681$72,265▲ $27,584
Total Liabilities and Net Assets / Fund Balance$140,507$80,129▼ $60,378

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$141$703$844
Other Land Buildings$89$447$536
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mary Gershwin PhdPresidentFT$80,000$80,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$82,110
Program Service Revenue
$424,499
Investment Income
$0
Other Revenue
$0
All Other Contributions
$72,710
Change in Net Assets
$27,584

Audited Revenue Reconciliation

Revenue per Audited Statements
$506,609
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$88,020
Total Revenue per Audited Statements
$594,629
Total Revenue per Form 990
$506,609
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$338,580
Salaries, Compensation, and Employee Benefits$140,445
Total Fundraising Expense$8,423
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$105,565--$105,565
Current Officers, Directors, Trustees, and Key Employees$40,000$32,000$8,000$80,000
Other Salaries and Wages$54,555--$54,555
Conferences and Meetings$43,126$25-$43,151
Other Expenses$24,841$260-$25,101
Office Expenses$17,903$3,078$423$21,404
Payroll Taxes$5,890--$5,890
Insurance$2,590$1,909-$4,499
Depreciation Depletion$460--$460
Total Functional Expenses$433,330$37,272$8,423$479,025

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$567,045
Expenses per Audited Statements$479,025
Total Expenses per Form 990$479,025
Expenses Not Reported on Form 990$88,020
Expenses Not Reported on Financial Statements$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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Susan GershwinFamily Member of Mary Gershwin, PresidentPerformed Services for the Organization as Independent ContractorNo$34,684
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
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 B, Line 11

Form 990 is reviewed in detail by president, then circulated to board for review prior to filing.

Form 990, Part VI, Section C, Line 18

Form 990 and other federal filings are available for public inspection upon request.

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

EIN
26-4399242
Phone
3033228190

Signing Officer

Name
Mary Gershwin
Title
President
Phone
3033228190
Signed
2014-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Gershwin
Formed
2009
Legal Domicile
Co
Voting Board Members
8
Independent Board Members
8
Employees
2
Volunteers
125

Preparer

Preparer
Laura Puca
Phone
3037719575
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The board of directors is responsible for oversight of the audit process and selection of the auditor. This process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization follows the accounting for uncertainty in income taxes accounting standard which requires the organization to determine whether a tax position (and the related tax benefit) is more likely than not to be sustained upon examination by the applicable taxing authority, based solely on the technical merits of the position. The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are significant to the financial statements. The organization's federal return of organization exempt from income tax (form 990) is no longer subject to examination by the irs for fiscal years ending prior to december 31, 2010.

Raw XML Appendix385 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/ActivityOrMissionDesc0BUILDS SKILLS, STRENGHTENS EDUCATION, AND EXPANDS ECONOMIC OPPORTUNITY BY CREATING TRANSFORMATIVE LEARNING EXPERIENCES LINKING THE UNITED STATES AND BRAZIL
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IRS990/Desc0IN 2013, WE EXPANDED TO SERVE OVER 1000 PARTICIPANTS IN THE US AND BRAZIL AND CONVENED LEADERSHIP FROM BRAZIL AND THE UNITED STATES:- 108 US-BRAZIL CONNECT FELLOWS/LEADERS PREPARED AND TRAVELED TO BRAZIL FOR A 4-WEEK INTENSIVE WORK AND IMMERSION EXPERIENCE. 100% OF FELLOWS RECOMMENDED THAT US-BRAZIL CONNECT CONTINUE TO OFFER THE FELLOWSHIP PROGRAM. - 950 BRAZILIAN STUDENTS IN EIGHT BRAZILIAN CITIES PARTICIPATED IN 20 WEEK EXCHANGE PROGRAMS WITH US-BRAZIL CONNECT. EVALUATION RESULTS WERE OUTSTANDING AND US-BRAZIL CONNECT WAS REQUESTED TO EXPAND THE PROGRAM AGAIN IN 2014.- 70 BUSINESS LEADERS FROM BRAZIL AND THE US CONVENED TO STRENGTHEN PARTNERSHIP- FELLOWSHIP PROGRAM - TO MEET THE GROWING DEMAND FOR US-BRAZIL CONNECT FELLOWS, WE EXPANDED BEYOND OUR COMMUNITY COLLEGE FELLOWSHIP TO CREATE THE GLOBAL LEADERS FELLOWSHIP, ENROLLING OUR FIRST GROUP OF SEVEN FELLOWS DRAWING FROM INSTITUTIONS SUCH AS COLUMBIA UNIVERSITY ANDCOLORADO COLLEGE.- LEADERSHIP CONVENING: IN COLLABORATION WITH COLORADO GOVERNOR JOHN HICKENLOOPER, DENVER MAYOR MICHAEL HANCOCK AND THE BRAZIL INSTITUTE OF THE WOODROW WILSON CENTER FOR SCHOLARS, WE CONVENED LEADERS TO HONOR PRESIDENT ROBSON ANDRADE OF THE BRAZILIAN CONFEDERATION OF INDUSTRYWITH A TWO-DAY EVENT IN DENVER, COLORADO. THE EVENT DREW HIGH LEVEL PARTICIPATION FROM BRAZIL AND THE UNITED STATES AND RESULTED IN PLANS TO ENGAGE BRAZIL'S STATE LEVEL INDUSTRY ASSOCIATIONS IN FURTHER PROGRAM EXPANSION.
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0141
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0703
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0844
IRS990ScheduleD/ExpensesNotReportedAmt088020
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0479025
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt089
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0447
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0536
IRS990ScheduleD/RevenueNotReportedAmt088020
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0506609
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ACCOUNTING STANDARD WHICH REQUIRES THE ORGANIZATION TO DETERMINE WHETHER A TAX POSITION (AND THE RELATED TAX BENEFIT) IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE SIGNIFICANT TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) IS NO LONGER SUBJECT TO EXAMINATION BY THE IRS FOR FISCAL YEARS ENDING PRIOR TO DECEMBER 31, 2010.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0230
IRS990ScheduleD/TotalExpensesPerForm990Amt0479025
IRS990ScheduleD/TotalRevenuePerForm990Amt0506609
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0594629
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0567045
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0SUSAN GERSHWIN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FAMILY MEMBER OF MARY GERSHWIN, PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt034684
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PERFORMED SERVICES FOR THE ORGANIZATION AS INDEPENDENT CONTRACTOR
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED IN DETAIL BY PRESIDENT, THEN CIRCULATED TO BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 AND OTHER FEDERAL FILINGS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT PROCESS AND SELECTION OF THE AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt027985
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt018698
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0140507
IRS990/TotalAssetsEOYAmt080129
IRS990/TotalAssetsGrp/BOYAmt0140507
IRS990/TotalAssetsGrp/EOYAmt080129
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt082110
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08423
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037272
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0433330
IRS990/TotalFunctionalExpensesGrp/TotalAmt0479025
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt095826
IRS990/TotalLiabilitiesEOYAmt07864
IRS990/TotalLiabilitiesGrp/BOYAmt095826
IRS990/TotalLiabilitiesGrp/EOYAmt07864
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt044681
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt072265
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0433330
IRS990/TotalProgramServiceRevenueAmt0424499
IRS990/TotalReportableCompFromOrgAmt080000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0424499
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0506609
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0125
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0140507
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt080129
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0105565
IRS990/TravelGrp/TotalAmt0105565
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt016696
IRS990/UnrestrictedNetAssetsGrp/EOYAmt053567
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101201 WILLIAMS STREET NO 4A
IRS990/USAddress/City0DENVER
IRS990/USAddress/State0CO
IRS990/USAddress/ZIPCode080218
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.US-BRAZIL.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARY GERSHWIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03033228190
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine10US-BRAZIL CONNECT
ReturnHeader/Filer/BusinessNameControlTxt0US-B
ReturnHeader/Filer/EIN0264399242
ReturnHeader/Filer/PhoneNum03033228190
ReturnHeader/Filer/USAddress/AddressLine101201 WILLIAMS STREET NO 4A
ReturnHeader/Filer/USAddress/City0DENVER
ReturnHeader/Filer/USAddress/State0CO
ReturnHeader/Filer/USAddress/ZIPCode080218
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271433452
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10CRADY PUCA & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1012150 E BRIARWOOD AVE STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0CENTENNIAL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode080112
ReturnHeader/PreparerPersonGrp/PhoneNum03037719575
ReturnHeader/PreparerPersonGrp/PreparationDt02014-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURA PUCA
ReturnHeader/ReturnTs02014-11-11T16:14:07-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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