Civic Intelligence

International Boys Schools Coalition Inc

990 • Fiscal year 2017 • EIN 34-1802226

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 19, 2018

PO Box 3165LA Jolla, CA 92038

(301) 370-6322

Siviq Scores

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

Liabilities / Assets

67th percentile

0.25x

Higher debt load relative to assets than 67% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

72nd percentile

0.34x

Higher debt load relative to revenue than 72% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

31st percentile

-2.9%

Higher net margin than 31% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

86th percentile

$165,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 14.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

79th percentile

18%

Faster asset growth than 79% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

30th percentile

-3.2%

Faster revenue growth than 30% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,556,813

Up $239,574 (+18%) from 2016

Net Assets

Up

$1,164,699

Up $86,974 (+8.1%) from 2016

Liabilities

Up

$392,114

Up $152,600 (+64%) from 2016

Revenue

Down

$1,153,925

Down $38,537 (-3.2%) from 2016

Expenses

Down

$1,187,185

Down $10,600 (-0.9%) from 2016

Net Income

Down

-$33,260

Down $27,937 (-525%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $937,867Liabilities 2010: $254,630Net Assets 2010: $683,2372010Assets 2011: $1,058,318Liabilities 2011: $255,845Net Assets 2011: $802,4732011Assets 2012: $1,179,830Liabilities 2012: $291,008Net Assets 2012: $888,8222012Assets 2013: $1,295,650Liabilities 2013: $299,647Net Assets 2013: $996,0032013Assets 2014: $1,424,801Liabilities 2014: $327,240Net Assets 2014: $1,097,5612014Assets 2015: $1,348,733Liabilities 2015: $256,107Net Assets 2015: $1,092,6262015Assets 2016: $1,317,239Liabilities 2016: $239,514Net Assets 2016: $1,077,7252016Assets 2017: $1,556,813Liabilities 2017: $392,114Net Assets 2017: $1,164,6992017Assets 2018: $1,466,085Liabilities 2018: $249,510Net Assets 2018: $1,216,5752018Assets 2019: $1,511,475Liabilities 2019: $292,676Net Assets 2019: $1,218,7992019Assets 2020: $1,345,218Liabilities 2020: $257,790Net Assets 2020: $1,087,4282020Assets 2021: $1,447,459Liabilities 2021: $40,229Net Assets 2021: $1,407,2302021Assets 2022: $1,501,118Liabilities 2022: $189,033Net Assets 2022: $1,312,0852022Assets 2023: $1,604,885Liabilities 2023: $142,612Net Assets 2023: $1,462,2732023Assets 2024: $2,021,924Liabilities 2024: $465,355Net Assets 2024: $1,556,5692024Assets 2025: $2,233,350Liabilities 2025: $505,036Net Assets 2025: $1,728,3142025

Highlighted filing

2017

Assets$1,556,813
Liabilities$392,114
Net Assets$1,164,699

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $469,9762010Expenses 2011: $707,3632011Expenses 2012: $635,7562012Expenses 2013: $654,9792013Revenue 2014: $749,337Expenses 2014: $774,114Net Income 2014: -$24,7772014Revenue 2015: $929,943Expenses 2015: $946,147Net Income 2015: -$16,2042015Revenue 2016: $1,192,462Expenses 2016: $1,197,785Net Income 2016: -$5,3232016Revenue 2017: $1,153,925Expenses 2017: $1,187,185Net Income 2017: -$33,2602017Revenue 2018: $1,110,190Expenses 2018: $1,132,348Net Income 2018: -$22,1582018Revenue 2019: $1,231,495Expenses 2019: $1,138,021Net Income 2019: $93,4742019Revenue 2020: $784,600Expenses 2020: $896,043Net Income 2020: -$111,4432020Revenue 2021: $1,068,683Expenses 2021: $997,414Net Income 2021: $71,2692021Revenue 2022: $1,360,636Expenses 2022: $1,248,803Net Income 2022: $111,8332022Revenue 2023: $1,481,884Expenses 2023: $1,388,663Net Income 2023: $93,2212023Revenue 2024: $1,563,242Expenses 2024: $1,577,241Net Income 2024: -$13,9992024Revenue 2025: $1,646,249Expenses 2025: $1,603,339Net Income 2025: $42,9102025

Highlighted filing

2017

Revenue$1,153,925
Expenses$1,187,185
Net Income-$33,260
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 19, 2018
Return Version
2016v3.1
Gross Receipts
$1,153,925
Mission and Program Overview

Mission

The international boys schools coalition (ibsc) is dedicated to the education and development of all students at boys schools across the world, the professional growth of those who work with them, and the advocacy and the advancement of institutions primarily schools for boys that serve them.

Support member schools so as to improve the quality of education at those institutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,089,297$1,215,598▲ $126,301
Cash and Non-Interest-Bearing Accounts$51,113$323,926▲ $272,813
Savings and Temporary Cash Investments$169,481$7,292▼ $162,189
Prepaid Expenses and Deferred Charges$794$7,028▲ $6,234
Accounts Receivable$4,505--
Land, Buildings, and Equipment, Net$2,049$2,969▲ $920
Total Assets$1,317,239$1,556,813▲ $239,574
Liabilities
Accounts Payable and Accrued Expenses$231,736$376,043▲ $144,307
Deferred Revenue$7,778$16,071▲ $8,293
Total Liabilities$239,514$392,114▲ $152,600
Net Assets / Fund Balance
Unrestricted Net Assets$1,077,725$1,164,699▲ $86,974
Total Net Assets Fund Balance$1,077,725$1,164,699▲ $86,974
Total Liabilities and Net Assets / Fund Balance$1,317,239$1,556,813▲ $239,574

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,969$26,314$29,283
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David ArmstrongExecutive DiFT$165,000$165,000
David ArmstrongExecutive Director-$165,000$165,000
Amy AhartAssociate ExFT$143,000$143,000

Board Members and Trustees

NameTitle
Kerry BrennanPresident
Bradley FennerTrustee
Byron HulseyTrustee
Chris PostTrustee
David FergusonTrustee
Di LaycockTrustee
Edwin HearnTrustee
Greg WainTrustee
Guy PearsonTrustee
Ian LambertTrustee
John MunroTrustee
Malick FallTrustee
Mark FentonTrustee
Michael FellinTrustee
Minna ShulmanTrustee
Sherry RusherTrustee
Tom MatthewsTrustee
Tony SissonsTrustee
Tom BattySecretary
David BanksTerm End Jan
Peter MclaughlinTerm End Jan
GREG O'MELIATreasurer
David KnowlesVice Pres Af
Bradford GioiaVice Pres Am
Jim HawkinsVice Pres Uk
Garth WynneVP Austriali
Revenue and Support

Revenue Composition

Contributions and Grants
$481,075
Program Service Revenue
$637,363
Investment Income
$32,337
Other Revenue
$3,150
Change in Net Assets
$-33,260

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,153,925
Revenue Not Reported on Form 990
$94,009
Total Revenue per Audited Statements
$1,247,934
Total Revenue per Form 990
$1,153,925
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$647,320
Salaries, Compensation, and Employee Benefits$539,865
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$360,282--$360,282
Other Salaries and Wages$263,958$65,989-$329,947
Current Officers, Directors, Trustees, and Key Employees$136,000$34,000-$170,000
All Other Expenses$8,251$32,094-$40,345
Payroll Taxes$31,934$7,984-$39,918
Travel$35,010--$35,010
Office Expenses-$33,760-$33,760
Other Expenses$23,861--$23,861
Fees for Services Other$20,233$435-$20,668
Fees for Services Accounting-$19,500-$19,500
Insurance$3,327$3,327-$6,654
Depreciation Depletion-$3,909-$3,909
Information Technology$547$182-$729
Total Functional Expenses$986,005$201,180$0$1,187,185

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,187,185
Total Expenses per Audited Statements$1,187,185
Total Expenses per Form 990$1,187,185
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
No
Audit committee
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
Yes
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, Page 6, Part VI, Line 6

There shall be three classes of members: 1. Tax qualified members shall be nonprofit academic schools for boys with either primary and/or secondary school classes which are duly qualified as an exempt organization under section 501(c)(3) of the united states internal revenue code or are duly qualified under section 170(c)(1) of the internal revenue code to which charitable contributions are deductible pursuant to section 170(b)(1)(a) of the internal revenue code and which meet the eligibility requirements established by the board of trustees. Each tax qualified member shall have one (1) vote. 2. Institutional members shall be schools, domestic or foreign, which are primarily for boys, which have either primary and/or secondary school classes and which meet the eligibility requirements established by the board of trustees. Institutional members shall be nonvoting members but shall be entitled to participate in the affairs of the corporation on the same basis as tax qualified members. 3. Associate members shall be individuals, schools, associations or other organizations which may wish to work with the corporation for the achievement of its purposes and which meet the eligibility requirements established by the board of trustees. Associate members shall be nonvoting members but shall be entitled to participate in the affairs of the corporation as prescribed by the board of trustees.

Form 990, Page 6, Part VI, Line 7A

1. Election. Trustees shall be elected by the tax qualified members of the corporation at the annual meeting of the members held in accordance with this code of regulations. Vacancies in the board of trustees shall be filled in accordance with section f of this regulation.

Form 990, Page 6, Part VI, Line 11B

Provided to executive director for review.

Form 990, Page 6, Part VI, Line 12C

All employees of ibsc have an obligation to conduct business within guidelines that prohibit actual, potential, or perceived conflicts of interest. The purpose of these guidelines is to provide general direction so that employees can seek further clarification on issues related to the subject of acceptable standards of operation. An actual, potential, or perceived conflict of interest occurs when an employee is in a position to influence a decision that may result in a personal gain for the employee or for a relative as a result of ibsc's business dealings. For the purpose of this policy, a relative is any person who is related by blood or marraige, or whose relationship with the employee or board member is similar to that of persons who are related by blood or marraige. If an employee has any infuence on transactions involving purchases, contracts, or leases, it is imperative that he or she discloses to an officer of the organization as soon as possible the existence of any actual or potential conflict of interest so that safeguards can be established to protect all parties. Examples of this include the purchasing of office or other supplies from a family member having a substantial financial interest in a vendor and similar situations.

Form 990, Page 6, Part VI, Line 15A

Executive director compensation is subject to review by president and board of trustees in executive session.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
INTERNATIONAL BOYS' SCHOOLS
EIN
34-1802226
Phone
3013706322
Address
PO BOX 3165, LA JOLLA, CA 92038

Signing Officer

Name
David Armstrong
Title
Executive Director
Phone
3013706322
Signed
2018-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Armstrong
Formed
1995
Legal Domicile
Ny
Voting Board Members
24
Independent Board Members
24
Employees
6
Volunteers
100

Preparer

Firm
Rbt Cpas Llp
Address
11 RACQUET RD, NEWBURGH, NY 12550
Preparer
Davide Digenova CPA
Phone
8455679000
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers provide event management support.

Financial Statement Notes

Schedule D, Page 3, Part X

The coalition files an annual form 990 as a tax-exempt organization under section 501(c)(3) of the internal revenue code. As such, no federal or new york state taxes are paid by the coalition. The coalition adopted the provisions of accounting principles generally accepted in the united states of america regarding accounting for uncertain tax positions. Management evaluated the coalition's tax positions and concluded that the coalition had taken no uncertain tax positions that would require adjustment to the financial statements in order to comply with the provisions of this guidance. With few exceptions, the coalition is no longer subject to income tax examinations by the u.s. Federal, state or local tax authorities for years prior to 2014.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3VP AUSTRIALI
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRES UK
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt25ASSOCIATE EX
IRS990/Form990PartVIISectionAGrp/TitleTxt26TERM END JAN
IRS990/Form990PartVIISectionAGrp/TitleTxt27TERM END JAN
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.23$0.51$1.73$1.65$1.60$0.04
2024Detailed filing. Detailed filing data is available for this year.$2.02$0.47$1.56$1.56$1.58$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.60$0.14$1.46$1.48$1.39$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.50$0.19$1.31$1.36$1.25$0.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.04$1.41$1.07$1.00$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.35$0.26$1.09$0.78$0.90$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.51$0.29$1.22$1.23$1.14$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.47$0.25$1.22$1.11$1.13$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.56$0.39$1.16$1.15$1.19$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.32$0.24$1.08$1.19$1.20$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.35$0.26$1.09$0.93$0.95$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.42$0.33$1.10$0.75$0.77$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.30$1.00$0.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.29$0.89$0.64
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.26$0.80$0.71
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.25$0.68$0.47