Civic Intelligence

Nasbite International Inc

990 • Fiscal year 2017 • EIN 31-1625262

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 14, 2017

9 Newport Drive No 200Forest Hill, MD 21050

(443) 640-1064

Siviq Scores

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

Liabilities / Assets

70th percentile

0.01x

Higher debt load relative to assets than 70% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Liabilities / Revenue

68th percentile

0.00x

Higher debt load relative to revenue than 68% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Net Margin

32nd percentile

-4.1%

Higher net margin than 32% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

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

Source year 2017

Revenue Growth

Score unavailable

No value available

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

Source year 2017

Assets

Down

$115,721

Down $88,346 (-43%) from 2011

Net Assets

Down

$114,922

Down $87,160 (-43%) from 2011

Liabilities

Down

$799

Down $1,186 (-60%) from 2011

Revenue

Up

$242,724

Up $44,849 (+23%) from 2011

Expenses

Up

$252,610

Up $55,775 (+28%) from 2011

Net Income

Down

-$9,886

Down $10,926 (-1051%) from 2011

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $199,325Liabilities 2010: $705Net Assets 2010: $198,6202010Assets 2011: $204,067Liabilities 2011: $1,985Net Assets 2011: $202,0822011Assets 2017: $115,721Liabilities 2017: $799Net Assets 2017: $114,9222017Assets 2018: $100,327Liabilities 2018: $3,560Net Assets 2018: $96,7672018Assets 2019: $132,990Liabilities 2019: $22,779Net Assets 2019: $110,2112019Assets 2020: $166,884Liabilities 2020: $8,671Net Assets 2020: $158,2132020Assets 2021: $261,884Liabilities 2021: $2,154Net Assets 2021: $259,7302021Assets 2022: $341,291Liabilities 2022: $6,357Net Assets 2022: $334,9342022Assets 2023: $359,343Liabilities 2023: $5,416Net Assets 2023: $353,9272023Assets 2024: $361,321Liabilities 2024: $4,056Net Assets 2024: $357,2652024Assets 2025: $359,370Liabilities 2025: $16,477Net Assets 2025: $342,8932025

Highlighted filing

2017

Assets$115,721
Liabilities$799
Net Assets$114,922

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $204,595Expenses 2010: $178,274Net Income 2010: $26,3212010Revenue 2011: $197,875Expenses 2011: $196,835Net Income 2011: $1,0402011Revenue 2017: $242,724Expenses 2017: $252,610Net Income 2017: -$9,8862017Revenue 2018: $250,728Expenses 2018: $268,883Net Income 2018: -$18,1552018Revenue 2019: $283,033Expenses 2019: $269,589Net Income 2019: $13,4442019Revenue 2020: $194,215Expenses 2020: $146,213Net Income 2020: $48,0022020Revenue 2021: $262,192Expenses 2021: $160,481Net Income 2021: $101,7112021Revenue 2022: $252,730Expenses 2022: $178,526Net Income 2022: $74,2042022Revenue 2023: $232,529Expenses 2023: $213,535Net Income 2023: $18,9942023Revenue 2024: $265,065Expenses 2024: $261,727Net Income 2024: $3,3382024Revenue 2025: $256,808Expenses 2025: $271,180Net Income 2025: -$14,3722025

Highlighted filing

2017

Revenue$242,724
Expenses$252,610
Net Income-$9,886
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$242,724
Mission and Program Overview

Mission

To coordinate and administer the certified global business professional (cgbp) credential. To promote and exchange of information and resources among global business education and assistance professionals. To offer professional development for those engaged in global business education and assistance. To provide advocacy and leadership for global business education and assistance professionals.

To coordinate and administer the certified global business professional (cgbp) credential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$95,325-
Intangible Assets$12,084$0▼ $12,084
Cash and Non-Interest-Bearing Accounts$113,433$11,452▼ $101,981
Prepaid Expenses and Deferred Charges$1,500$8,000▲ $6,500
Land, Buildings, and Equipment, Net$1,870$0▼ $1,870
Accounts Receivable-$944-
Total Assets$128,887$115,721▼ $13,166
Liabilities
Accounts Payable and Accrued Expenses$4,079$799▼ $3,280
Total Liabilities$4,079$799▼ $3,280
Net Assets / Fund Balance
Unrestricted Net Assets$124,808$114,922▼ $9,886
Total Net Assets Fund Balance$124,808$114,922▼ $9,886
Total Liabilities and Net Assets / Fund Balance$128,887$115,721▼ $13,166

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$3,197$3,197
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$24,603
Program Service Revenue
$216,665
Investment Income
$326
Other Revenue
$1,130
All Other Contributions
$16,378
Change in Net Assets
$-9,886
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$252,610
Total Fundraising Expense$22,470
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$48,000$28,800$19,200$96,000
Conferences and Meetings$71,176--$71,176
Fees for Services Other$44,099--$44,099
Travel$11,332$3,744-$15,076
Office Expenses$5,209$3,125$2,084$10,418
Information Technology$3,390--$3,390
Fees for Services Accounting-$3,000-$3,000
Depreciation Depletion$1,687-$187$1,874
Insurance-$1,792-$1,792
Other Expenses$833$269$179$833
Fees for Services Legal-$399-$399
Advertising$150-$150$300
Total Functional Expenses$188,005$42,135$22,470$252,610
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

Nasbite has a management service agreement in place with the stringfellow management group (smg). Administrative and management functions are performed by employees of smg. Nasbite does not determine or authorize compensation of smg employees. Nasbite reviews and approves a contract for services provided by smg.

Form 990, Part VI, Section A, line 6

Nasbite is a membership based organization. Any person, corporation, non-profit organization, college or university, governmental agency, or other institution wishing to promote and enhance the involvement and competitiveness of business in international trade may, upon acceptance, become a member of this corporation.

Form 990, Part VI, Section A, line 7A

The board of governors shall be elected by the membership at their annual meeting. Eligible governors must meet membership qualifications and need to be members in good standing.

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

The form 990 is prepared by an independent paid CPA firm from information that is prepared internally by Nasbite. A draft of the return is reviewed with the executive director and staff. The return is reviewed and approved by members of the finance committee of the board of governors. A copy is provided to all members of the board of governors prior to filing.

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

Compliance with conflict of interest policy Nasbite is committed to ethical behavior and any appearance of a conflict of interest is requested to be brought to the attention of the executive committee for review and clarification.

Form 990, Part VI, Section B, line 15

Nasbite does not have employees. The executive director, ms. Kathy demarco is compensated through stringfellow management group (smg) which is contracted to provide administrative and management services to nasbite.

Form 990, Part VI, Section C, line 19

Availability of current documents for public inspection: Nasbite makes all current governing documents available upon request.

Form 990, Part VI, Line 13

Whistleblower Policy Nasbite does not currently have employees and a whistleblower policy is not considered relevant.

Form 990, Part VI, Line 14

Documentation retention and destruction policies Nasbite has a document retention and destruction policy in place.

Filing and Contact Details

Filer

Filer Name
Nasbite International Inc
EIN
31-1625262
Phone
4436401064
Address
9 Newport Drive No 200, Forest Hill, MD 21050

Signing Officer

Name
Larry Dill
Title
Secretary/treasurer
Phone
4436401064
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathy DeMarco
Formed
1998
Legal Domicile
Oh
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
35

Preparer

Firm
Meaden & Moore Ltd
Address
1375 East Ninth Street Suite 1800, Cleveland, OH 44114-1790
Preparer
Karen B Cooney
Phone
2162413272
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

CGBP EXAM FEES: Program service expenses 44,099. Management and general expenses 0. Fundraising expenses 0. Total expenses 44,099.

Form 990, Part IX, Line 11G

Amount includes fees paid to an independent contractor for administration of the CGBP exam, including exam development, grading, monitoring, and other transaction costs. THIS AMOUNT ALSO INCLUDES CURRENT YEAR AMORTIZATION OF CAPITALIZED EXAM DEVELOPMENT COSTS.

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IRS990/Form990PartVIISectionAGrp/TitleTxt21Executive Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0242724
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt03390
IRS990/InformationTechnologyGrp/TotalAmt03390
IRS990/InsuranceGrp/ManagementAndGeneralAmt01792
IRS990/InsuranceGrp/TotalAmt01792
IRS990/IntangibleAssetsGrp/BOYAmt012084
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0326
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0326
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03197
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01870
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt03197
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt08225
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO COORDINATE AND ADMINISTER THE CERTIFIED GLOBAL BUSINESS PROFESSIONAL (CGBP) CREDENTIAL. TO PROMOTE AN EXCHANGE OF INFORMATION AND RESOURCES AMONG GLOBAL BUSINESS EDUCATION AND ASSISTANCE PROFESSIONALS. TO OFFER PROFESSIONAL DEVELOPMENT FOR THOSE ENGAGED IN GLOBAL BUSINESS EDUCATION AND ASSISTANCE. TO PROVIDE ADVOCACY AND LEADERSHIP FOR GLOBAL BUSINESS EDUCATION AND ASSISTANCE PROFESSIONALS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0124808
IRS990/NetAssetsOrFundBalancesEOYAmt0114922
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt02084
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03125
IRS990/OfficeExpensesGrp/ProgramServicesAmt05209
IRS990/OfficeExpensesGrp/TotalAmt010418
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Misc. Expenses
IRS990/OtherExpensesGrp/Desc1Marketing & Website Exp
IRS990/OtherExpensesGrp/Desc2PLAQUES AND AWARDS
IRS990/OtherExpensesGrp/FundraisingAmt0670
IRS990/OtherExpensesGrp/FundraisingAmt1179
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01006
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1269
IRS990/OtherExpensesGrp/ProgramServicesAmt01681
IRS990/OtherExpensesGrp/ProgramServicesAmt1448
IRS990/OtherExpensesGrp/ProgramServicesAmt2833
IRS990/OtherExpensesGrp/TotalAmt03357
IRS990/OtherExpensesGrp/TotalAmt1896
IRS990/OtherExpensesGrp/TotalAmt2833
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other Revenue
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01130
IRS990/OtherRevenueTotalAmt01130
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08000
IRS990/PrincipalOfficerNm0Kathy DeMarco
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/Desc0ANNUAL CONFERENCE
IRS990/ProgramServiceRevenueGrp/Desc1CGBP EXAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0111481
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1105184
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0111481
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1105184
IRS990/ProgSrvcAccomActy2Grp/Desc0AN ANNUAL CONFERENCE IS HELD FOR ALL MEMBERS WHICH PROVIDES 4 FULL DAYS OF ACTIVITIES INCLUDING CGBP BOOT CAMP, WORKSHOPS, ROUNDTABLE DISCUSSIONS AND PROGRAM SESSIONS. IN FISCAL YEAR ENDING JUNE 2017, THE CONFERENCE WAS HELD IN SPOKANE, WASHINGTON WITH ALMOST 200 IN ATTENDANCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0115250
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0111481
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER REVENUE
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt01130
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt015720
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt021
IRS990/PYOtherExpensesAmt0240049
IRS990/PYOtherRevenueAmt0161
IRS990/PYProgramServiceRevenueAmt0226643
IRS990/PYRevenuesLessExpensesAmt0-50562
IRS990/PYSalariesCompEmpBnftPaidAmt053058
IRS990/PYTotalExpensesAmt0293107
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0242545
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-9886
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0105184
IRS990/SavingsAndTempCashInvstGrp/EOYAmt095325
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt024603
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt015720
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt013200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt09700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt08000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt071223
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0326
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0109
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0511
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99290
IRS990ScheduleA/PublicSupportPY170Pct00.99610
IRS990ScheduleA/PublicSupportTotal170Amt071223
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt024603
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt015720
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt013200
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt09700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt08000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt071223
IRS990ScheduleA/TotalSupportAmt071734
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03197
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03197
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NASBITE HAS A MANAGEMENT SERVICE AGREEMENT IN PLACE WITH THE STRINGFELLOW MANAGEMENT GROUP (SMG). ADMINISTRATIVE AND MANAGEMENT FUNCTIONS ARE PERFORMED BY EMPLOYEES OF SMG. NASBITE DOES NOT DETERMINE OR AUTHORIZE COMPENSATION OF SMG EMPLOYEES. NASBITE REVIEWS AND APPROVES A CONTRACT FOR SERVICES PROVIDED BY SMG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NASBITE IS A MEMBERSHIP BASED ORGANIZATION. ANY PERSON, CORPORATION, NON-PROFIT ORGANIZATION, COLLEGE OR UNIVERSITY, GOVERNMENTAL AGENCY, OR OTHER INSTITUTION WISHING TO PROMOTE AND ENHANCE THE INVOLVEMENT AND COMPETITIVENESS OF BUSINESS IN INTERNATIONAL TRADE MAY, UPON ACCEPTANCE, BECOME A MEMBER OF THIS CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF GOVERNORS SHALL BE ELECTED BY THE MEMBERSHIP AT THEIR ANNUAL MEETING. ELIGIBLE GOVERNORS MUST MEET MEMBERSHIP QUALIFICATIONS AND NEED TO BE MEMBERS IN GOOD STANDING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The form 990 is prepared by an independent paid CPA firm from information that is prepared internally by Nasbite. A draft of the return is reviewed with the executive director and staff. The return is reviewed and approved by members of the finance committee of the board of governors. A copy is provided to all members of the board of governors prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compliance with conflict of interest policy Nasbite is committed to ethical behavior and any appearance of a conflict of interest is requested to be brought to the attention of the executive committee for review and clarification.

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