Civic Intelligence

National Introducing Brokers Association

990EZ • Fiscal year 2023 • EIN 36-3782237

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

Organization ProfileWWW.THENIBA.COM
1730 No Clark St 302Chicago, IL 60614

(321) 977-0598

Siviq Scores

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

Liabilities / Assets

46th percentile

0.00x

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

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

46th percentile

0.00x

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

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

14th percentile

-28%

Higher net margin than 14% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

26th percentile

-13%

Faster asset growth than 26% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

9th percentile

-36%

Faster revenue growth than 9% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets46th percentile

Assets

Down

$48,722

Down $7,132 (-13%) from 2022

Net Assets

Down

$48,722

Down $7,132 (-13%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin14th percentile

Revenue

Down

$25,574

Down $14,215 (-36%) from 2022

Expenses

Up

$32,706

Up $1,280 (+4.1%) from 2022

Net Income

Down

-$7,132

Down $15,495 (-185%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$150K$100K$50K$0Assets 2015: $107,672Liabilities 2015: $0Net Assets 2015: $107,6722015Assets 2016: $99,594Liabilities 2016: $0Net Assets 2016: $99,5942016Assets 2017: $58,781Liabilities 2017: $0Net Assets 2017: $58,7812017Assets 2018: $44,547Liabilities 2018: $0Net Assets 2018: $44,5472018Assets 2019: $43,616Liabilities 2019: $0Net Assets 2019: $43,6162019Assets 2020: $47,761Liabilities 2020: $0Net Assets 2020: $47,7612020Assets 2021: $47,491Liabilities 2021: $0Net Assets 2021: $47,4912021Assets 2022: $55,854Liabilities 2022: $0Net Assets 2022: $55,8542022Assets 2023: $48,722Liabilities 2023: $0Net Assets 2023: $48,7222023Assets 2024: $56,344Liabilities 2024: $0Net Assets 2024: $56,3442024

Highlighted filing

2023

Assets$48,722
Liabilities$0
Net Assets$48,722
Open 2023 Filing

Operations Trend

Revenue Growth9th percentile

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

$100K$50K$0-$50KRevenue 2015: $69,077Expenses 2015: $50,419Net Income 2015: $18,6582015Revenue 2016: $64,356Expenses 2016: $72,434Net Income 2016: -$8,0782016Revenue 2017: $53,141Expenses 2017: $93,954Net Income 2017: -$40,8132017Revenue 2018: $54,016Expenses 2018: $68,250Net Income 2018: -$14,2342018Revenue 2019: $54,664Expenses 2019: $55,595Net Income 2019: -$9312019Revenue 2020: $37,145Expenses 2020: $33,000Net Income 2020: $4,1452020Revenue 2021: $30,096Expenses 2021: $30,366Net Income 2021: -$2702021Revenue 2022: $39,789Expenses 2022: $31,426Net Income 2022: $8,3632022Revenue 2023: $25,574Expenses 2023: $32,706Net Income 2023: -$7,1322023Revenue 2024: $22,990Expenses 2024: $45,356Net Income 2024: -$22,3662024

Highlighted filing

2023

Revenue$25,574
Expenses$32,706
Net Income-$7,132
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$25,574
Mission and Program Overview

Mission

The organization's purpose is to educate security and commodity traders and investors on the rules and requirements of the industry.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION HOSTS 3-4 CONFERENCES AND SEMINARS ANNUALLY OPEN TO FINANCIAL INDUSTRY PROFESSIONALS FOR THE PURPOSE OF EDUCATION WITH REGARD TO INDUSTRY CHANGES AND ADVANCES, INCLUDING REGULATORY REQUIREMENTS.$0$0
THE ORGANIZATION PUBLISHES A PUBLICATION TWICE A MONTH ON INDUSTRY PROCEDURES AND REQUIREMENTS.$0$0
THE ORGANIZATION ORGANIZES 3 EDUCATIONAL CONFERENCES PER YEAR ON INDUSTRY COMPLIANCE.$0$0
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MELINDA SCHRAMMChairmanPT$0--
MIKE BURKEPresidentPT$0--
MIKE COGLIANESETreasurer-$0--
RYAN GRIFFETHSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
National Introducing Brokers Association
EIN
36-3782237
Phone
3219770598
Address
1730 NO CLARK ST 302, CHICAGO, IL 60614

Signing Officer

Name
Melinda Schramm
Title
Chairman
Phone
3219770598
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Michael Coglianese CPA Pc
Address
125 EAST LAKE STREET SUITE 303, BLOOMINGDALE, IL 60108
Preparer
Mike Coglianese
Phone
6303514005
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: conference and seminar. Amount: 10,500.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: administrative expense. Amount: 25,200. Description: it expenses. Amount: 5,922. Description: meetings. Amount: 400. Description: other expense. Amount: 470. Total to form 990-ez, line 16: 31,992.”

Raw XML Appendix117 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MICHAEL COGLIANESE
IRS990EZ/BooksInCareOfDetail/PhoneNum06304513005
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0125 E LAKE ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BLOOMINGDALE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060108
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt055854
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt048722
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-7132
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0714
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt055854
IRS990EZ/Form990TotalAssetsGrp/EOYAmt048722
IRS990EZ/GrossReceiptsAmt025574
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt015074
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt055854
IRS990EZ/NetAssetsOrFundBalancesEOYAmt048722
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt055854
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt048722
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt17.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt37.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MELINDA SCHRAMM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MIKE BURKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MIKE COGLIANESE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RYAN GRIFFETH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt031992
IRS990EZ/OtherRevenueTotalAmt010500
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION'S PURPOSE IS TO EDUCATE SECURITY AND COMMODITY TRADERS AND INVESTORS ON THE RULES AND REQUIREMENTS OF THE INDUSTRY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION HOSTS 3-4 CONFERENCES AND SEMINARS ANNUALLY OPEN TO FINANCIAL INDUSTRY PROFESSIONALS FOR THE PURPOSE OF EDUCATION WITH REGARD TO INDUSTRY CHANGES AND ADVANCES, INCLUDING REGULATORY REQUIREMENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE ORGANIZATION PUBLISHES A PUBLICATION TWICE A MONTH ON INDUSTRY PROCEDURES AND REQUIREMENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2THE ORGANIZATION ORGANIZES 3 EDUCATIONAL CONFERENCES PER YEAR ON INDUSTRY COMPLIANCE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt032706
IRS990EZ/TotalRevenueAmt025574
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0WWW.THENIBA.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CONFERENCE AND SEMINAR. AMOUNT: 10,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ADMINISTRATIVE EXPENSE. AMOUNT: 25,200. DESCRIPTION: IT EXPENSES. AMOUNT: 5,922. DESCRIPTION: MEETINGS. AMOUNT: 400. DESCRIPTION: OTHER EXPENSE. AMOUNT: 470. TOTAL TO FORM 990-EZ, LINE 16: 31,992.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MELINDA SCHRAMM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03219770598
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATIONAL INTRODUCING BROKERS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0NATI
ReturnHeader/Filer/EIN0363782237
ReturnHeader/Filer/PhoneNum03219770598
ReturnHeader/Filer/USAddress/AddressLine1Txt01730 NO CLARK ST 302
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060614
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363990229
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MICHAEL COGLIANESE CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0125 EAST LAKE STREET SUITE 303
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BLOOMINGDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060108
ReturnHeader/PreparerPersonGrp/PhoneNum06303514005
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MIKE COGLIANESE
ReturnHeader/ReturnTs02024-11-15T11:17:43-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$48,722
Liabilities
$0
Net assets
$48,722
Revenue
$25,574
Expenses
$32,706
Net income
-$7,132
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.23$0.45$0.22
2023Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.26$0.33$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.40$0.31$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.30$0.30$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.37$0.33$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.55$0.56$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.54$0.68$0.14
2017Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.53$0.94$0.41
2016Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.64$0.72$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.69$0.50$0.19