Civic Intelligence

Gsma Ventures LLC

990EZ • Fiscal year 2023 • EIN 38-4206894

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

Organization ProfileN/A
165 Ottley Drive Suite 203Atlanta, GA 30324

(678) 764-2122

Siviq Scores

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

Liabilities / Assets

97th percentile

1.01x

Higher debt load relative to assets than 97% of similar nonprofits.

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

Liabilities / Revenue

100th percentile

8087.07x

Higher debt load relative to revenue than 100% of similar nonprofits.

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

Net Margin

1st percentile

-9928%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

100th percentile

$1,598,541

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 3717537.2% of source-year revenue.

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

Asset Growth

100th percentile

34339600%

Faster asset growth than 100% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$343,397

Up $343,396 (+34339600%) from 2022

Net Assets

Down

-$4,347

Down $4,347 from 2022

Liabilities

Up

$347,744

Up $347,744 from 2022

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Up

$43

Up $43 from 2022

Expenses

Up

$4,312

Up $4,312 from 2022

Net Income

Down

-$4,269

Down $4,269 from 2022

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$1.0M$500K$0-$500KAssets 2022: $1Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $343,397Liabilities 2023: $347,744Net Assets 2023: -$4,3472023Assets 2024: $567,138Liabilities 2024: $793,566Net Assets 2024: -$226,4282024

Highlighted filing

2023

Assets$343,397
Liabilities$347,744
Net Assets-$4,347
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$200K$0-$200K-$400KRevenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $43Expenses 2023: $4,312Net Income 2023: -$4,2692023Revenue 2024: $2,192Expenses 2024: $224,281Net Income 2024: -$222,0892024

Highlighted filing

2023

Revenue$43
Expenses$4,312
Net Income-$4,269
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 15, 2024
Return Version
2023v5.0
Gross Receipts
$43
Mission and Program Overview

Mission

GSMA IP LLC's mission will be to own or manage certain of the intellectual property assets of the GSM Association and its subsidiaries in furtherance of its tax-exempt purpose and the tax-exempt purposes of these entities.

GSMA Ventures LLC will hold, manage and license the intellectual property rights associated with the businesses operated by GSMA Ltd and GSMA Services LLC. It will also manage those intellectual property assets of the GSM Association that are relevant to GSMA Services LLC and GSMA LTD, including the GSMA brand.

Program Services

DescriptionGrantsExpenses
GSMA Ventures LLC will be the owner of and will manage all GSMA Ltd.'s existing intellectual property assets, as well as any newly generated intellectual property assets created by GSMA Services LLC and GSMA LTD. GSMA Ventures LLC will also manage those intellectual property assets of the GSM Association that are relevant to GSMA Services LLC and GSMA LTD, including the GSMA brand.--
Compensation and Service Providers
Top Officer Pay100th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN HOFFMANManager And CEO-$1,587,741$10,800$1,598,541
LOUISE EASTERBROOKManager And CFO-$1,125,444-$1,125,444
MONIQUE CORMIERManager And Secretary-$367,048$10,800$377,848
Filing and Contact Details

Filer

Filer Name
GSMA Ventures LLC
EIN
38-4206894
In Care Of
% OONAGH STEIN
Phone
6787642122
Address
165 OTTLEY DRIVE SUITE 203, ATLANTA, GA 30324

Signing Officer

Name
Louise Easterbrook
Title
CFO
Phone
6787642122
Signed
2024-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Smith & Howard Advisory LLC
Address
271 17TH STREET NW SUITE 1600, ATLANTA, GA 30363
Preparer
Marc a Azar
Phone
4048746244
Supplemental Narrative

Additional Explanations

Part IV

“COMPENSATION REPORTED FOR OFFICERS LISTED IN PART IV ARE PAID BY THE GSM Association (FEIN: 98-0506316) and GSMA LTD. (FEIN 20-4991061).”

Form 990EZ Part I Line 8

“Description:FOREIGN EXCHANGE GAIN Amount:43”

Form 990EZ Part I Line 16

“Description:FINANCIAL EXPENSES Amount:366”

Form 990EZ Part I Line 20

“Description:FOREIGN CURRENCY CONVERSION ADJUSTMENT Amount:78”

Form 990EZ Part II Line 26

“Description:INTERCOMPANY BOY Amount:EOY Amount:345755”

Raw XML Appendix127 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
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IRS990EZ/BooksInCareOfDetail/ForeignAddress/AddressLine1Txt01 ANGEL LANE
IRS990EZ/BooksInCareOfDetail/ForeignAddress/CityNm0LONDON
IRS990EZ/BooksInCareOfDetail/ForeignAddress/CountryCd0UK
IRS990EZ/BooksInCareOfDetail/ForeignAddress/ForeignPostalCd0EC4R 3AB
IRS990EZ/BooksInCareOfDetail/ForeignAddress/ProvinceOrStateNm0England
IRS990EZ/BooksInCareOfDetail/PersonNm0OONAGH STEIN
IRS990EZ/BooksInCareOfDetail/PhoneNum02073560600
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0343397
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0true
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4269
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03946
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountCntryCd0UK
IRS990EZ/ForeignFinancialAccountInd0true
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0343397
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt043
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartIVInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NameChangeInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-4347
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-4347
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt01587741
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt11125444
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt2367048
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt010800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt210800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN HOFFMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LOUISE EASTERBROOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MONIQUE CORMIER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Manager and CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Manager and CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Manager and Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-78
IRS990EZ/OtherExpensesTotalAmt0366
IRS990EZ/OtherRevenueTotalAmt043
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0GSMA Ventures LLC will hold, manage and license the intellectual property rights associated with the businesses operated by GSMA Ltd and GSMA Services LLC. It will also manage those intellectual property assets of the GSM Association that are relevant to GSMA Services LLC and GSMA LTD, including the GSMA brand.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GSMA Ventures LLC will be the owner of and will manage all GSMA Ltd.'s existing intellectual property assets, as well as any newly generated intellectual property assets created by GSMA Services LLC and GSMA LTD. GSMA Ventures LLC will also manage those intellectual property assets of the GSM Association that are relevant to GSMA Services LLC and GSMA LTD, including the GSMA brand.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0347744
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt04312
IRS990EZ/TotalRevenueAmt043
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherDesc0LLC
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMPENSATION REPORTED FOR OFFICERS LISTED IN PART IV ARE PAID BY THE GSM Association (FEIN: 98-0506316) and GSMA LTD. (FEIN 20-4991061).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:FOREIGN EXCHANGE GAIN Amount:43
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:FINANCIAL EXPENSES Amount:366
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:FOREIGN CURRENCY CONVERSION ADJUSTMENT Amount:78
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description:INTERCOMPANY BOY Amount:EOY Amount:345755
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART I LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990EZ PART I LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990EZ PART II LINE 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LOUISE EASTERBROOK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum06787642122
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GSMA Ventures LLC
ReturnHeader/Filer/BusinessNameControlTxt0GSMA
ReturnHeader/Filer/EIN0384206894
ReturnHeader/Filer/InCareOfNm0% OONAGH STEIN
ReturnHeader/Filer/PhoneNum06787642122
ReturnHeader/Filer/USAddress/AddressLine1Txt0165 OTTLEY DRIVE SUITE 203
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030324
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SMITH & HOWARD ADVISORY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0271 17TH STREET NW SUITE 1600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030363
ReturnHeader/PreparerPersonGrp/PhoneNum04048746244
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARC A AZAR
ReturnHeader/ReturnTs02024-05-15T12:44:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LOUISE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0EASTERBROOK
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
$343,397
Liabilities
$347,744
Net assets
-$4,347
Revenue
$43
Expenses
$4,312
Net income
-$4,269
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.67$7.94$2.26$0.02$2.24$2.22
2023Detailed filing. Detailed filing data is available for this year.$3.43$3.48$0.04$0.00$0.04$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)6 • <$500k nonprofits