Civic Intelligence

Licensing Executives Society International Inc

990 • Fiscal year 2014 • EIN 36-4356183

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

Organization ProfileWWW.LESI.ORG
1100 Johnson Ferry Road Building 1Atlanta, GA 30342

(847) 480-9080

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.08x

Higher debt load relative to assets than 33% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

42nd percentile

0.13x

Higher debt load relative to revenue than 42% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Net Margin

89th percentile

20%

Higher net margin than 89% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

37th percentile

$104,160

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 12.9% of source-year revenue.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Asset Growth

33rd percentile

-0.5%

Faster asset growth than 33% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

25th percentile

-2.5%

Faster revenue growth than 25% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Down

$1,286,659

Down $5,975 (-0.5%) from 2013

Net Assets

Up

$1,179,859

Up $165,022 (+16%) from 2013

Liabilities

Down

$106,800

Down $170,997 (-62%) from 2013

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin89th percentile

Revenue

Down

$809,932

Down $20,619 (-2.5%) from 2013

Expenses

Down

$646,385

Down $146,698 (-18%) from 2013

Net Income

Up

$163,547

Up $126,079 (+336%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$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

2014

Assets$1,286,659
Liabilities$106,800
Net Assets$1,179,859
Open 2014 Filing

Operations Trend

Revenue Growth25th percentile

Revenue, expenses, and net income across loaded years, with this 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

2014

Revenue$809,932
Expenses$646,385
Net Income$163,547
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$809,932
Mission and Program Overview

Mission

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$984,400$991,635▲ $7,235
Cash and Non-Interest-Bearing Accounts$115,391$233,795▲ $118,404
Accounts Receivable$138,767$36,229▼ $102,538
Prepaid Expenses and Deferred Charges$29,076$0▼ $29,076
Other Notes and Loans Receivable, Net$25,000$25,000→ $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-
Total Assets$1,292,634$1,286,659▼ $5,975
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$43,072$90,567▲ $47,495
Deferred Revenue$78,150$13,615▼ $64,535
Other Liabilities$156,575$2,618▼ $153,957
Total Liabilities$277,797$106,800▼ $170,997
Net Assets / Fund Balance
Unrestricted Net Assets$1,014,837$1,179,859▲ $165,022
Total Net Assets Fund Balance$1,014,837$1,179,859▲ $165,022
Total Liabilities and Net Assets / Fund Balance$1,292,634$1,286,659▼ $5,975
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Chris KatopisExec. Admin.PT$104,160$104,160

Board Members and Trustees

NameTitle
Kevin NachtrabPast President
Yvonne ChuaPresident
Arnaud MichelPRESIDENT Elect
Christian OsterriethVice President
Fiona NicolsonVice President
Ken MckayVice President
Mark HorsburghVice President
Francois PainchaudSecretary
James SobierajTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Chris KatsopisAdmiinistrative Dir.111 DEER LAKE RD STE 100, Deerfield, IL 60015$104,160
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$801,664
Investment Income
$5,765
Other Revenue
$2,503
Change in Net Assets
$163,547

Audited Revenue Reconciliation

Revenue per Audited Statements
$809,932
Revenue Not Reported on Form 990
$1,475
Total Revenue per Audited Statements
$811,407
Total Revenue per Form 990
$809,932
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$526,225
Salaries, Compensation, and Employee Benefits$104,160
Grants and Similar Amounts Paid$16,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$104,160
Travel---$81,320
Conferences and Meetings---$73,603
Fees for Services Management---$68,212
Fees for Services Accounting---$33,300
Information Technology---$22,045
Insurance---$21,516
Grants to Domestic Orgs---$16,000
Other Expenses---$1,523
All Other Expenses---$1,300
Office Expenses---$1,243
Total Functional Expenses$0$0$0$646,385

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$646,385
Total Expenses per Audited Statements$646,385
Total Expenses per Form 990$646,385
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
LES FOUNDATIoN INCAlexandria, VA-Sponsorship of Student Competition$16,000

International Summary

Spending
$57,828

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram ServicesTechnology Forum00$38,264
Central America &the CaribbeanProgram ServicesAnnual Meeting00$10,908
North AmericaProgram ServicesIMDM Meeting00$8,656
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Fund Clearning$2,083
Due to Members$535
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
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
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

“Lesi has contracted with the sherwood group to provide accounting and financial services to the organization.”

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“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, Line 11B: Form 990 Review Process

“The Form 990 was prepared by outside accountants and reviewed by the U.S.A members of the LESI board. It is also made available to any non-U.S. board members who wants to review it.”

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

“Copies of les'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
8474809080
Address
1100 JOHNSON FERRY ROAD BUILDING 1, ATLANTA, GA 30342

Signing Officer

Name
Chris Katopis
Title
Exec. Administrator
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Katopis
Formed
2000
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
125

Preparer

Firm
Porte Brown LLC
Address
845 Oakton St, Elk Grove Village, IL 60007
Preparer
Bruce G Jones
Phone
8479561040
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Society has adopted the provisions of ASC Topic 740, Income Taxes, relating to the accounting for uncertainty in income taxes. The Society files income tax returns in the U.S. federal jurisdiction and the District of Columbia. With few exceptions, the Management believes the Society is no longer subject to U.S. federal, state and local income tax examinations by tax authorities for years before 2011.”

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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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IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01014837
IRS990/NetAssetsOrFundBalancesEOYAmt01179859
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0-681
IRS990/NetUnrlzdGainsLossesInvstAmt01475
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt01243
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Printing and Publications
IRS990/OtherExpensesGrp/Desc1BANK CHARGES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3Postage and Shipping
IRS990/OtherExpensesGrp/TotalAmt0213642
IRS990/OtherExpensesGrp/TotalAmt16205
IRS990/OtherExpensesGrp/TotalAmt22316
IRS990/OtherExpensesGrp/TotalAmt31523
IRS990/OtherLiabilitiesGrp/BOYAmt0156575
IRS990/OtherLiabilitiesGrp/EOYAmt02618
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other Revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02503
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02503
IRS990/OtherRevenueTotalAmt02503
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt025000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt025000
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029076
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0CHRIS KATOPIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2511120
IRS990/ProgramServiceRevenueGrp/Desc0MEETINGS AND CONFERENCES
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2PUBLICATIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0147823
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1343140
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2294001
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0147823
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1343140
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2310701
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt016700
IRS990/ProgSrvcAccomActy2Grp/Desc0THIRTY-TWO WORLDWIDE MEMBER SOCIETIES SEND DELEGATES TO TWO MEETINGS A YEAR. ATTENDANCE AT THESE MEETINGS RANGES FROM 80 TO 150. ONE ANNUAL MEETING HAS ATTENDANCE FROM MEMBERS AND NONMEMBERS OF BETWEEN 250 AND 400.
IRS990/ProgSrvcAccomActy3Grp/Desc0SPONSORS AN INTERNATIONAL STUDENT BUSINESS PLAN COMPETITION IN WHICH STUDENTS FROM 20-30 UNIVERSITIES PARTICIPATE
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt035000
IRS990/PYInvestmentIncomeAmt05691
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0658083
IRS990/PYOtherRevenueAmt01423
IRS990/PYProgramServiceRevenueAmt0823437
IRS990/PYRevenuesLessExpensesAmt037468
IRS990/PYSalariesCompEmpBnftPaidAmt0100000
IRS990/PYTotalExpensesAmt0793083
IRS990/PYTotalRevenueAmt0830551
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0163547
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0984400
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0991635
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0646385
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01475
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0535
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12083
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO MEMBERS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FUND CLEARNING
IRS990ScheduleD/RevenueNotReportedAmt01475
IRS990ScheduleD/RevenueSubtotalAmt0809932
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Society has adopted the provisions of ASC Topic 740, Income Taxes, relating to the accounting for uncertainty in income taxes. The Society files income tax returns in the U.S. federal jurisdiction and the District of Columbia. With few exceptions, the Management believes the Society is no longer subject to U.S. federal, state and local income tax examinations by tax authorities for years before 2011.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalExpensesPerForm990Amt0646385
IRS990ScheduleD/TotalLiabilityAmt02618
IRS990ScheduleD/TotalRevenuePerForm990Amt0809932
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0811407
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0646385
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt010908
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt138264
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt28656
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Central America &the Caribbean
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1Europe
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2North America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Annual Meeting
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1Technology Forum
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2IMDM Meeting
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Program Services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2Program Services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt057828
IRS990ScheduleF/TotalSpentAmt057828
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt016000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SPONSORSHIP OF STUDENT COMPETITION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LES FOUNDATIoN INC
IRS990ScheduleI/RecipientTable/RecipientEIN0542016338
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01800 DIAGONAL ROAD SUITE 280
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ALEXANDRIA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd022314
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LESI HAS CONTRACTED WITH THE SHERWOOD GROUP TO PROVIDE ACCOUNTING AND FINANCIAL SERVICES TO THE ORGANIZATION.
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/ExplanationTxt2The Form 990 was prepared by outside accountants and reviewed by the U.S.A members of the LESI board. It is also made available to any non-U.S. board members who wants to review it.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES OF LES'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND POLICIES ARE AVAILABLE UPON REQUEST AT THE LESI OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01292634
IRS990/TotalAssetsEOYAmt01286659
IRS990/TotalAssetsGrp/BOYAmt01292634
IRS990/TotalAssetsGrp/EOYAmt01286659
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,286,659
Liabilities
$106,800
Net assets
$1,179,859
Revenue
$809,932
Expenses
$646,385
Net income
$163,547
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.11$1.53$0.61$0.62$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.60$0.06$1.54$0.69$0.63$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.55$0.07$1.48$0.52$0.58$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.62$0.08$1.54$0.64$0.64$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.61$0.07$1.54$0.55$0.65$0.09
2019Detailed filing. Detailed filing data is available for this year.$1.74$0.11$1.63$0.79$0.65$0.14
2018Detailed filing. Detailed filing data is available for this year.$1.57$0.08$1.49$0.67$0.64$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.54$0.08$1.46$0.66$0.59$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.59$0.59$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.29$0.11$1.18$0.81$0.65$0.16
2013Detailed filing. Detailed filing data is available for this year.$1.29$0.28$1.01$0.83$0.79$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.20$0.98$1.06