Civic Intelligence

Vanderbilt Global Inc

990 • Fiscal year 2018 • EIN 46-0888454

Jul 01, 2017 to Jun 30, 2018 • Filed on May 13, 2019

2100 West End Ave Ste 750Nashville, TN 37203-5233

(615) 322-5155

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

46th percentile

2.1%

Higher net margin than 46% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

100th percentile

$860,931

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 145.6% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2018

Revenue Growth

3rd percentile

-63%

Faster revenue growth than 3% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2018

Assets

Down

$0

Down $5,165,492 (-100%) from 2016

Net Assets

Down

$0

Down $1,949,856 (-100%) from 2016

Liabilities

Down

$0

Down $3,215,636 (-100%) from 2016

Revenue

Down

$591,243

Down $3,672,007 (-86%) from 2016

Expenses

Down

$579,092

Down $2,528,493 (-81%) from 2016

Net Income

Down

$12,151

Down $1,143,514 (-99%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2014: $1,633,502Liabilities 2014: $460,198Net Assets 2014: $1,173,3042014Assets 2015: $2,287,783Liabilities 2015: $493,592Net Assets 2015: $1,794,1912015Assets 2016: $5,165,492Liabilities 2016: $3,215,636Net Assets 2016: $1,949,8562016Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2014: $3,610,483Expenses 2014: $2,787,179Net Income 2014: $823,3042014Revenue 2015: $3,421,388Expenses 2015: $2,822,814Net Income 2015: $598,5742015Revenue 2016: $4,263,250Expenses 2016: $3,107,585Net Income 2016: $1,155,6652016Revenue 2018: $591,243Expenses 2018: $579,092Net Income 2018: $12,1512018

Highlighted filing

2018

Revenue$591,243
Expenses$579,092
Net Income$12,151
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 13, 2019
Return Version
2017v2.2
Gross Receipts
$591,243
Mission and Program Overview

Mission

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,017,057--
Accounts Receivable$985,811--
Pd in Cap Srpls Land Bldg Eqp Fund$350,000--
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0--
Loans From Officers Directors-$0-
Rtn Earn Endowment Incm Other Fnds$-96,273--
Total Assets$2,002,868$0▼ $2,002,868
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$1,681,919$0▼ $1,681,919
Deferred Revenue$67,222--
Total Liabilities$1,749,141$0▼ $1,749,141
Net Assets / Fund Balance
Total Net Assets Fund Balance$253,727$0▼ $253,727
Total Liabilities and Net Assets / Fund Balance$2,002,868$0▼ $2,002,868
Compensation and Service Providers

Board Members and Trustees

NameTitle
-President
-Director
-Former Officer
-Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$589,359
Investment Income
$1,884
Other Revenue
$0
Change in Net Assets
$12,151
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$579,092
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$140,000-$140,000
Fees for Services Legal-$59,475-$59,475
Occupancy-$22,034-$22,034
Other Expenses$66,978$7,716-$7,716
Total Functional Expenses$340,450$238,642$0$579,092
International Activity

International Summary

Offices
1
Employees
4
Spending
$579,092

International Compliance

Activity in boycott countries
Yes
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
Middle East and North AfricaProgram ServicesEducation and Research14$579,092
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2 Family/business relationships amongst interested persons

Susan Wente and Eric Kopstain served as officers of Vanderbilt University during FY18. Eric Bymaster and Padma Raghavan were employed by Vanderbilt University during FY18. As such, Susan Wente and Eric Kopstain have a "business relationship" with Eric Bymaster and Padma Raghavan. - Business relationship

Form 990, Part VI, Line 6 Classes of members or stockholders

Vanderbilt Global Holdings, LLC, which terminated on June 18, 2018, was the only member of Vanderbilt Global Inc.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

As the sole member, Vanderbilt Global Holdings, LLC had the authority to appoint all directors.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

The appointment of directors was reserved to Vanderbilt Global Holdings, LLC.

Form 990, Part VI, Line 11B Review of form 990 by governing body

A review of the final copy of the Form 990 will not be conducted by members of the governing body of Vanderbilt Global, Inc. as Vanderbilt Global, Inc. and its Board of Directors were dissolved at the time the Form 990 was prepared. The Form 990 and all required schedules have been reviewed for accuracy and completeness by Vanderbilt University financial staff and by Vanderbilt's Office of General Counsel.

Form 990, Part VI, Line 12C Conflict of interest policy

Vanderbilt Global Inc. has no employees. All board of directors of Vanderbilt Global Inc. are employees of Vanderbilt University, which provides their compensation. All officers and other employees of Vanderbilt Global Inc, are employees of Vanderbilt University who are provided through a management arrangement and Vanderbilt University provides their compensation. As employees of Vanderbilt University, these individuals are governed by Vanderbilt University's written conflict of interest policy.

Form 990, Part VI, Line 19 Required documents available to the public

All applicable federal tax forms subject to public disclosure, the governing documents policies, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Vanderbilt Global Inc
EIN
46-0888454
Phone
6153225155
Address
2100 West End Ave Ste 750, Nashville, TN 37203-5233

Signing Officer

Name
Susan R Wente
Title
President
Signed
2019-05-13

Organization Details

Formed
2012
Legal Domicile
De
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1 Description of Organization Mission

The mission of Vanderbilt Global, Inc. was to enable and facilitate the research and educational activities of Vanderbilt University's faculty and students in the United Arab Emirates. Vanderbilt Global, Inc. upheld the highest standards and was a leader in the quest for new knowledge through scholarship, the dissemination of knowledge through teaching and outreach, and the creative experimentation of ideas and concepts. In pursuit of these goals, Vanderbilt Global, Inc. valued intellectual freedom that supported open inquiry, equality, compassion, and excellence in all endeavors.

Form 990, Part III, Line 1 Description of Organization Mission

See Disclosure Above.

Form 990, Part III, Line 4A Education and Research

The activities of Vanderbilt Global, Inc. were centered in the Emirate of Abu Dhabi. All contractual obligations ended in December 2017. The only activity that Vanderbilt Global, Inc. performed in 2018 was to submit invoices for previous work and to receive payment for said work. Once payment in full was received, Vanderbilt Global, Inc. was dissolved.

Form 990, Part III, Line 3 Significant changes in program services

Vanderbilt Global, Inc. ceased conducting significant program services once contractual obligations ended in December 2017.

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Equity Distribution - -265878;

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