Civic Intelligence

Global Entrepreneurship Week

990 • Fiscal year 2017 • EIN 45-2604983

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

Organization ProfileWWW.GEW.COM
4527 17th Street NArlington, VA 22207

(202) 683-4100

Siviq Scores

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

Liabilities / Assets

46th percentile

0.02x

Higher debt load relative to assets than 46% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

39th percentile

0.01x

Higher debt load relative to revenue than 39% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

11th percentile

-26%

Higher net margin than 11% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

99th percentile

$542,734

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 72.4% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

2nd percentile

-57%

Faster asset growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

17th percentile

-16%

Faster revenue growth than 17% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets46th percentile

Assets

Down

$385,418

Down $516,946 (-57%) from 2016

Net Assets

Down

$375,871

Down $191,980 (-34%) from 2016

Liabilities

Down

$9,547

Down $324,966 (-97%) from 2016

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin11th percentile

Revenue

Down

$749,998

Down $147,626 (-16%) from 2016

Expenses

Down

$941,978

Down $86,144 (-8.4%) from 2016

Net Income

Down

-$191,980

Down $61,482 (-47%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1Liabilities 2011: $02011Assets 2012: $1Liabilities 2012: $02012Assets 2013: $1Liabilities 2013: $02013Assets 2014: $752,747Liabilities 2014: $115,551Net Assets 2014: $637,1962014Assets 2015: $717,693Liabilities 2015: $19,344Net Assets 2015: $698,3492015Assets 2016: $902,364Liabilities 2016: $334,513Net Assets 2016: $567,8512016Assets 2017: $385,418Liabilities 2017: $9,547Net Assets 2017: $375,8712017Assets 2018: $878,615Liabilities 2018: $417,529Net Assets 2018: $461,0862018Assets 2019: $1,138,507Liabilities 2019: $445,938Net Assets 2019: $692,5692019Assets 2020: $1,882,661Liabilities 2020: $767,160Net Assets 2020: $1,115,5012020Assets 2021: $1,101,099Liabilities 2021: $943,031Net Assets 2021: $158,0682021Assets 2022: $791,285Liabilities 2022: $791,285Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2017

Assets$385,418
Liabilities$9,547
Net Assets$375,871
Open 2017 Filing

Operations Trend

Revenue Growth17th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $0Expenses 2011: $0Net Income 2011: $02011Revenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $1,649,434Expenses 2014: $1,012,238Net Income 2014: $637,1962014Revenue 2015: $1,012,237Expenses 2015: $951,084Net Income 2015: $61,1532015Revenue 2016: $897,624Expenses 2016: $1,028,122Net Income 2016: -$130,4982016Revenue 2017: $749,998Expenses 2017: $941,978Net Income 2017: -$191,9802017Revenue 2018: $754,452Expenses 2018: $669,237Net Income 2018: $85,2152018Revenue 2019: $784,999Expenses 2019: $553,516Net Income 2019: $231,4832019Revenue 2020: $1,230,666Expenses 2020: $807,734Net Income 2020: $422,9322020Revenue 2021: $50,000Expenses 2021: $1,007,433Net Income 2021: -$957,4332021Revenue 2022: $713,334Expenses 2022: $871,402Net Income 2022: -$158,0682022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023

Highlighted filing

2017

Revenue$749,998
Expenses$941,978
Net Income-$191,980
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$749,998
Mission and Program Overview

Mission

Global entrepreneurship week (gew) runs the world's largest celebration of the innovators and job creators who launch startups that bring ideas to life, drive economic growth and expand human welfare. Continued on schedule o. During one week each in november, gew inspires people everywhere through local, national and global activities designed to help them explore their potential as self-starters and innovators. These activities, from large-scale competitions and events to intimate networking gatherings, connect participants to potential collaborators, mentors and even investors - introducing them to new possibilities and exciting opportunities.

Celebrate the innovators and job creators who launch startups that bring ideas to life, drive economic growth and expand human welfare

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$878,023$316,862▼ $561,161
Accounts Receivable$24,341$24,341→ $0
Total Assets$902,364$385,418▼ $516,946
Other Assets Total-$44,215-
Liabilities
Other Liabilities$323,953--
Accounts Payable and Accrued Expenses$10,560$9,547▼ $1,013
Total Liabilities$334,513$9,547▼ $324,966
Net Assets / Fund Balance
Unrestricted Net Assets$567,851$375,871▼ $191,980
Total Net Assets Fund Balance$567,851$375,871▼ $191,980
Total Liabilities and Net Assets / Fund Balance$902,364$385,418▼ $516,946

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$44,215--
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Jonathan OrtmansPresident/diPT$542,734$542,734
Mike MarichExec. Vice PPT$206,282$206,282

Board Members and Trustees

NameTitle
Jonathan OrtmansPresident/director
Mike MarichExec. Vice President
Elmira BayrasliDirector
Kevin LangleyDirector
Neil DhillonDirector
Susan AmatDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$749,998
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$749,998
Change in Net Assets
$-191,980
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$686,959
Other Expenses$255,019
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$616,466--$616,466
Conferences and Meetings$149,552--$149,552
Other Employee Benefits$70,493--$70,493
Fees for Services Accounting-$42,558-$42,558
Travel-$32,291-$32,291
Information Technology-$15,753-$15,753
Fees for Services Other-$9,135-$9,135
Office Expenses-$3,014-$3,014
Insurance-$2,716-$2,716
Total Functional Expenses$836,511$105,467$0$941,978
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
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 8B

“The organization has no committees”

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

“The directors, president, vp and secretary are provided with the 990 before it is filed, and are encouraged to review it carefully”

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

“Not only have the board members and officers signed the conflict of interest policy stating that they agree to notify the board of any conflict of interest, but they are reminded of the policy at each board meeting. Furthermore, the point person employee for the whistle blower policy (global entrepreneurship network's policy)encourages members to disclose information about any activities that might be reviewed as potential conflicts of interest.”

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

“There have been no reviews or adjustments to senior management compensation. Any further compensation reviews, which fall within the board-adopted policy will be led by an independent board member, will not involve the person concerned, and will be based on contemporaneous comparability data”

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

“There have been no reviews or adjustments to senior management compensation. Any further compensation reviews, which fall within the board-adopted policy will be led by an independent board member, will not involve the person concerned, and will be based on contemporaneous comparability data”

Form 990, Page 6, Part VI, Line 19

“The organization's main governing documents, including its policies and financial statements are made available for inspection at the offices of the global entrepreneurship network to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Global Entrepreneurship Week
EIN
45-2604983
Phone
2026834100
Address
4527 17TH STREET N, ARLINGTON, VA 22207

Signing Officer

Name
Jonathan Ortmans
Title
President/director
Phone
2026834100
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan Ortmans
Formed
2011
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
4
Employees
0

Preparer

Firm
Deleon & Stang Cpas and Advisors
Address
100 LAKEFOREST BLVD STE 650, GAITHERSBURG, MD 20877-2609
Preparer
Clint Lehman CPA
Phone
3019489825
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“Global entrepreneurship week (gew) complies with the provisions of the financial accounting standards board codification topic, accounting for uncertainty in income taxes. For the years ended december 31, 2017 and 2016, no unrecognized tax benefit exists. At december 31, 2017 tax years 2014 through 2016 remain subject to examination by federal and state taxing authorities.”

Raw XML Appendix374 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.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MIKE MARICH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1EXEC. VICE PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO COMMITTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTORS, PRESIDENT, VP AND SECRETARY ARE PROVIDED WITH THE 990 BEFORE IT IS FILED, AND ARE ENCOURAGED TO REVIEW IT CAREFULLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NOT ONLY HAVE THE BOARD MEMBERS AND OFFICERS SIGNED THE CONFLICT OF INTEREST POLICY STATING THAT THEY AGREE TO NOTIFY THE BOARD OF ANY CONFLICT OF INTEREST, BUT THEY ARE REMINDED OF THE POLICY AT EACH BOARD MEETING. FURTHERMORE, THE POINT PERSON EMPLOYEE FOR THE WHISTLE BLOWER POLICY (GLOBAL ENTREPRENEURSHIP NETWORK'S POLICY)ENCOURAGES MEMBERS TO DISCLOSE INFORMATION ABOUT ANY ACTIVITIES THAT MIGHT BE REVIEWED AS POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE HAVE BEEN NO REVIEWS OR ADJUSTMENTS TO SENIOR MANAGEMENT COMPENSATION. ANY FURTHER COMPENSATION REVIEWS, WHICH FALL WITHIN THE BOARD-ADOPTED POLICY WILL BE LED BY AN INDEPENDENT BOARD MEMBER, WILL NOT INVOLVE THE PERSON CONCERNED, AND WILL BE BASED ON CONTEMPORANEOUS COMPARABILITY DATA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE HAVE BEEN NO REVIEWS OR ADJUSTMENTS TO SENIOR MANAGEMENT COMPENSATION. ANY FURTHER COMPENSATION REVIEWS, WHICH FALL WITHIN THE BOARD-ADOPTED POLICY WILL BE LED BY AN INDEPENDENT BOARD MEMBER, WILL NOT INVOLVE THE PERSON CONCERNED, AND WILL BE BASED ON CONTEMPORANEOUS COMPARABILITY DATA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S MAIN GOVERNING DOCUMENTS, INCLUDING ITS POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE FOR INSPECTION AT THE OFFICES OF THE GLOBAL ENTREPRENEURSHIP NETWORK TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0522315929
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
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IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
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IRS990/SignificantChangeInd0false
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt0902364
IRS990/TotalAssetsGrp/EOYAmt0385418
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0749998
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0105467
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0836511
IRS990/TotalFunctionalExpensesGrp/TotalAmt0941978
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0334513
IRS990/TotalLiabilitiesEOYAmt09547
IRS990/TotalLiabilitiesGrp/BOYAmt0334513
IRS990/TotalLiabilitiesGrp/EOYAmt09547
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0567851
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0375871
IRS990/TotalOtherCompensationAmt033946
IRS990/TotalProgramServiceExpensesAmt0836511
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0749998
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0902364
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0385418
IRS990/TotReportableCompRltdOrgAmt0715070
IRS990/TravelGrp/ManagementAndGeneralAmt032291
IRS990/TravelGrp/TotalAmt032291
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0567851
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0375871
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04527 17TH STREET N
IRS990/USAddress/CityNm0ARLINGTON
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022207
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IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.GEW.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JONATHAN ORTMANS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02026834100
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOBAL ENTREPRENEURSHIP WEEK
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0452604983
ReturnHeader/Filer/PhoneNum02026834100
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0349B47DF84273B06AE2F2680A2411F9EC39556C7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0349B47DF84273B06AE2F2680A2411F9EC39556C7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02018-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:16:55
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521373858
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DELEON & STANG CPAS AND ADVISORS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 LAKEFOREST BLVD STE 650
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GAITHERSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0208772609
ReturnHeader/PreparerPersonGrp/PhoneNum03019489825
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CLINT LEHMAN CPA
ReturnHeader/ReturnTs02018-11-13T13:16:55-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$385,418
Liabilities
$9,547
Net assets
$375,871
Revenue
$749,998
Expenses
$941,978
Net income
-$191,980
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.79$0.79$0.00$0.71$0.87$0.16
2021Detailed filing. Detailed filing data is available for this year.$1.10$0.94$0.16$0.05$1.01$0.96
2020Detailed filing. Detailed filing data is available for this year.$1.88$0.77$1.12$1.23$0.81$0.42
2019Detailed filing. Detailed filing data is available for this year.$1.14$0.45$0.69$0.78$0.55$0.23
2018Detailed filing. Detailed filing data is available for this year.$0.88$0.42$0.46$0.75$0.67$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.39$0.01$0.38$0.75$0.94$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.90$0.33$0.57$0.90$1.03$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.72$0.02$0.70$1.01$0.95$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.75$0.12$0.64$1.65$1.01$0.64
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00