Civic Intelligence

Licensing Executives Society International Inc

EIN 36-4356183 • 501(c)6 • Washington, DC

Profile

To provide education to and opportunities for networking among professionals involved in technology transfer transactions.

CO Acg 1800 M Street NW 500 SWashington, DC 20036

www.lesi.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

36th percentile

0.07x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.18x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

29th percentile

-1.6%

Higher net margin than 29% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

60th percentile

$170,000

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 28.0% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

41st percentile

2.7%

Faster asset growth than 41% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-11%

Faster revenue growth than 13% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,642,014

Up $43,107 (+2.7%) from 2023

Liabilities

Up

$110,527

Up $53,022 (+92%) from 2023

Net Assets

Down

$1,531,487

Down $9,915 (-0.6%) from 2023

Revenue

Down

$608,057

Down $77,998 (-11%) from 2023

Expenses

Down

$617,972

Down $7,844 (-1.3%) from 2023

Net Income

Down

-$9,915

Down $70,154 (-116%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2012: $1,179,725Liabilities 2012: $201,488Net Assets 2012: $978,2372012Assets 2013: $1,292,634Liabilities 2013: $277,797Net Assets 2013: $1,014,8372013Assets 2014: $1,286,659Liabilities 2014: $106,800Net Assets 2014: $1,179,8592014Assets 2015: $1,234,272Liabilities 2015: $672Net Assets 2015: $1,233,6002015Assets 2017: $1,543,394Liabilities 2017: $83,978Net Assets 2017: $1,459,4162017Assets 2018: $1,570,756Liabilities 2018: $83,576Net Assets 2018: $1,487,1802018Assets 2019: $1,737,381Liabilities 2019: $108,305Net Assets 2019: $1,629,0762019Assets 2020: $1,613,340Liabilities 2020: $74,824Net Assets 2020: $1,538,5162020Assets 2021: $1,620,201Liabilities 2021: $82,867Net Assets 2021: $1,537,3342021Assets 2022: $1,546,927Liabilities 2022: $65,764Net Assets 2022: $1,481,1632022Assets 2023: $1,598,907Liabilities 2023: $57,505Net Assets 2023: $1,541,4022023Assets 2024: $1,642,014Liabilities 2024: $110,527Net Assets 2024: $1,531,4872024

Highlighted filing

2024

Assets$1,642,014
Liabilities$110,527
Net Assets$1,531,487

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2012: $1,057,6492012Revenue 2013: $830,551Expenses 2013: $793,083Net Income 2013: $37,4682013Revenue 2014: $809,932Expenses 2014: $646,385Net Income 2014: $163,5472014Revenue 2015: $591,438Expenses 2015: $590,017Net Income 2015: $1,4212015Revenue 2017: $655,840Expenses 2017: $594,062Net Income 2017: $61,7782017Revenue 2018: $671,343Expenses 2018: $643,579Net Income 2018: $27,7642018Revenue 2019: $791,790Expenses 2019: $649,894Net Income 2019: $141,8962019Revenue 2020: $554,972Expenses 2020: $645,532Net Income 2020: -$90,5602020Revenue 2021: $636,070Expenses 2021: $637,252Net Income 2021: -$1,1822021Revenue 2022: $521,637Expenses 2022: $577,808Net Income 2022: -$56,1712022Revenue 2023: $686,055Expenses 2023: $625,816Net Income 2023: $60,2392023Revenue 2024: $608,057Expenses 2024: $617,972Net Income 2024: -$9,9152024

Highlighted filing

2024

Revenue$608,057
Expenses$617,972
Net Income-$9,915

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 20, 2025
Return Version
2024v5.2
Gross Receipts
$608,057
Mission and Program Overview

Mission

To provide education to and opportunities for networking among professionals involved in technology transfer transactions

To provide education to and opportunities for networking among professionals involved in technology transfer transactions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$889,184$929,951▲ $40,767
Cash and Non-Interest-Bearing Accounts$610,507$590,224▼ $20,283
Prepaid Expenses and Deferred Charges$29,494$120,284▲ $90,790
Accounts Receivable$69,722$1,555▼ $68,167
Total Assets$1,598,907$1,642,014▲ $43,107
Liabilities
Deferred Revenue$15,900$67,210▲ $51,310
Accounts Payable and Accrued Expenses$41,605$43,317▲ $1,712
Total Liabilities$57,505$110,527▲ $53,022
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,541,402$1,531,487▼ $9,915
Total Net Assets Fund Balance$1,541,402$1,531,487▼ $9,915
Total Liabilities and Net Assets / Fund Balance$1,598,907$1,642,014▲ $43,107
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dana ColarulliExecutive DirectorFT$170,000$170,000

Board Members and Trustees

NameTitle
Mike LasinskiImmediate Past President
Sonja LondonPresident
Jean-christophe TrousselPresident Elect
Hemang ShahVice President
Madelein KleynVice President
Mattia Dalla CostaVice President
Sophie PasquierVice President
Tatiana CampelloSecretary
Russell LevineTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Dana ColarulliExecutive DirectorC/O ACG 1800 M STREET NW 500 S, Washington, DC 20036$170,000
Revenue and Support

Revenue Composition

Contributions and Grants
$10,000
Program Service Revenue
$557,039
Investment Income
$40,768
Other Revenue
$250
All Other Contributions
$10,000
Change in Net Assets
$-9,915
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$447,972
Salaries, Compensation, and Employee Benefits$170,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$170,000
Travel---$84,682
Fees for Services Management---$84,231
Conferences and Meetings---$74,693
Information Technology---$64,999
Fees for Services Other---$15,000
Fees for Services Accounting---$7,293
Insurance---$6,275
Fees for Services Legal---$4,545
Office Expenses---$2,725
Other Expenses---$1,597
Total Functional Expenses$0$0$0$617,972
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
Yes
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Lesi contracted with northern networking events, ltd (nne) to provide accounting and financial services to the organization. Lesi has also contracted with nne to provide various professional administrative services primarily related to membership and meeting/conferences.

Form 990, Part VI, Section A, Line 6

The membership of lesi is composed of member societies. Membership in any of the member societies is limited to natural persons, who, in their professions, engage or have engaged in or otherwise have substantial activities related to the licensing of technology or any related aspect.

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

Each member society is entitled to designate two delegates. In addition, each member society having more than 200 members is entitled to designate one additional delegate for each 200 members, or fraction thereof, above its first 200 members.

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

The form 990 is prepared by outside accountants and reviewed by the u.s.a. Members of the lesi board. The form 990 is also made available to any non-u.s. Board members who want to review it.

Form 990, Part VI, Section B, Line 15A

The executive director has an independent contractor agreement. This compensation was approved by the board.

Form 990, Part VI, Section C, Line 19

Copies of lesi's governing documents, financial statements, and policies are available upon request at the lesi office.

Filing and Contact Details

Filer

Filer Name
Licensing Executives Society
EIN
36-4356183
Phone
2023278100
Address
CO ACG 1800 M STREET NW 500 S, WASHINGTON, DC 20036

Signing Officer

Name
Dana Colarulli
Title
Executive Director
Phone
2023278100
Signed
2025-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dana Colarulli
Formed
2000
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Belfint Lyons & Shuman Pa
Address
1011 CENTRE RD STE 310, WILMINGTON, DE 19805
Preparer
Stephanie L Chapman CPA
Phone
3022250600
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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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
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IRS990ScheduleJ/EquityBasedCompArrngmInd00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DANA COLARULLI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE SOCIETY AND THE EXECUTIVE DIRECTOR HAVE A SIGNED INDEPENDENT CONTRACTOR AGREEMENT THAT HAS BEEN APPROVED BY THE BOARD OF DIRECTORS. THE EXECUTIVE DIRECTOR IS ALSO REIMBURSED FOR GENERAL TRAVEL AND MEETING EXPENSES THAT ARE APPROVED BY THE BOARD OF DIRECTORS PRIOR TO PAYMENT.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LESI CONTRACTED WITH NORTHERN NETWORKING EVENTS, LTD (NNE) TO PROVIDE ACCOUNTING AND FINANCIAL SERVICES TO THE ORGANIZATION. LESI HAS ALSO CONTRACTED WITH NNE TO PROVIDE VARIOUS PROFESSIONAL ADMINISTRATIVE SERVICES PRIMARILY RELATED TO MEMBERSHIP AND MEETING/CONFERENCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERSHIP OF LESI IS COMPOSED OF MEMBER SOCIETIES. MEMBERSHIP IN ANY OF THE MEMBER SOCIETIES IS LIMITED TO NATURAL PERSONS, WHO, IN THEIR PROFESSIONS, ENGAGE OR HAVE ENGAGED IN OR OTHERWISE HAVE SUBSTANTIAL ACTIVITIES RELATED TO THE LICENSING OF TECHNOLOGY OR ANY RELATED ASPECT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH MEMBER SOCIETY IS ENTITLED TO DESIGNATE TWO DELEGATES. IN ADDITION, EACH MEMBER SOCIETY HAVING MORE THAN 200 MEMBERS IS ENTITLED TO DESIGNATE ONE ADDITIONAL DELEGATE FOR EACH 200 MEMBERS, OR FRACTION THEREOF, ABOVE ITS FIRST 200 MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY THE U.S.A. MEMBERS OF THE LESI BOARD. THE FORM 990 IS ALSO MADE AVAILABLE TO ANY NON-U.S. BOARD MEMBERS WHO WANT TO REVIEW IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTOR HAS AN INDEPENDENT CONTRACTOR AGREEMENT. THIS COMPENSATION WAS APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COPIES OF LESI'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND POLICIES ARE AVAILABLE UPON REQUEST AT THE LESI OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
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IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01598907
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IRS990/TotalReportableCompFromOrgAmt0170000
IRS990/TotalRevenueGrp/ExclusionAmt040768
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0557289
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0608057
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01598907
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IRS990/USAddress/AddressLine1Txt0C/O ACG 1800 M STREET NW 500 S
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020036
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.LESI.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DANA COLARULLI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02023278100
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LICENSING EXECUTIVES SOCIETY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INTERNATIONAL INC
ReturnHeader/Filer/BusinessNameControlTxt0LICE
ReturnHeader/Filer/EIN0364356183
ReturnHeader/Filer/PhoneNum02023278100
ReturnHeader/Filer/USAddress/AddressLine1Txt0CO ACG 1800 M STREET NW 500 S
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0510232399
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BELFINT LYONS & SHUMAN PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01011 CENTRE RD STE 310
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILMINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019805
ReturnHeader/PreparerPersonGrp/PhoneNum03022250600
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHANIE L CHAPMAN CPA
ReturnHeader/ReturnTs02025-09-08T11:46:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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