Civic Intelligence

European Procurement Forum Inc

990 • Fiscal year 2022 • EIN 32-0066062

Oct 01, 2021 to Sep 30, 2022 • Filed on Feb 13, 2023

245 East 47th street 44 flNew York, NY 10017

(917) 282-5358

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

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

2022 filings • NTEE S41 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

53rd percentile

0.00x

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

2022 filings • NTEE S41 • <$500k nonprofits • Source year 2022

Net Margin

61st percentile

11%

Higher net margin than 61% of similar nonprofits.

2022 filings • NTEE S41 • <$500k nonprofits • Source year 2022

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

2022 filings • NTEE S41 • <$500k nonprofits • Source year 2022

Asset Growth

69th percentile

13%

Faster asset growth than 69% of similar nonprofits.

2022 filings • NTEE S41 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

80th percentile

78%

Faster revenue growth than 80% of similar nonprofits.

2022 filings • NTEE S41 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$54,270

Up $6,338 (+13%) from 2021

Net Assets

Up

$54,270

Up $6,338 (+13%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$57,633

Up $25,219 (+78%) from 2021

Expenses

Up

$51,295

Up $15,169 (+42%) from 2021

Net Income

Up

$6,338

Up $10,050 (+271%) from 2021

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2021: $47,932Liabilities 2021: $0Net Assets 2021: $47,9322021Assets 2022: $54,270Liabilities 2022: $0Net Assets 2022: $54,2702022Assets 2023: $47,199Liabilities 2023: $0Net Assets 2023: $47,1992023Assets 2024: $54,058Liabilities 2024: $0Net Assets 2024: $54,0582024Assets 2025: $50,082Liabilities 2025: $0Net Assets 2025: $50,0822025

Highlighted filing

2022

Assets$54,270
Liabilities$0
Net Assets$54,270

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2021: $32,414Expenses 2021: $36,126Net Income 2021: -$3,7122021Revenue 2022: $57,633Expenses 2022: $51,295Net Income 2022: $6,3382022Revenue 2023: $51,974Expenses 2023: $59,045Net Income 2023: -$7,0712023Revenue 2024: $63,981Expenses 2024: $57,122Net Income 2024: $6,8592024Revenue 2025: $0Expenses 2025: $3,976Net Income 2025: -$3,9762025

Highlighted filing

2022

Revenue$57,633
Expenses$51,295
Net Income$6,338
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Feb 13, 2023
Return Version
2021v4.1
Gross Receipts
$57,633
Mission and Program Overview

Mission

Every year European Procurement Forum organizes a seminar for the companies of the European Union. The main focus for this seminar is learning about the United Nations procurement practice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$47,932$54,270▲ $6,338
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$47,932$54,270▲ $6,338
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$47,932$54,270▲ $6,338
Total Net Assets Fund Balance$47,932$54,270▲ $6,338
Total Liabilities and Net Assets / Fund Balance$47,932$54,270▲ $6,338
Compensation and Service Providers

Board Members and Trustees

NameTitle
Estefania SanchezPresident
Lucie HindlsovaDirector
Nicole KlugDirector
Inna DroznikTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$57,633
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$6,338
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$51,295
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 Management$27,800--$27,800
Information Technology$5,022--$5,022
Occupancy$5,000--$5,000
Insurance$2,262--$2,262
Other Expenses$29--$29
Total Functional Expenses$51,295$0$0$51,295
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The form 990 is provided to 4 board members for comments and approval prior to its filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
European Procurement Forum Inc
EIN
32-0066062
Phone
9172825358
Address
245 East 47th street 44 fl, NEW YORK, NY 10017

Signing Officer

Name
Inna Droznik
Title
Treasurer
Signed
2023-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Estefania Sanchez
Formed
2003
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Baupres LLC
Address
130 Lenox Avenue 525, New York, NY 10026
Preparer
Paul Espinosa
Phone
6464600983
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Filings