Civic Intelligence

Impact Business Leaders

990 • Fiscal year 2014 • EIN 46-4273326

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 07, 2015

Organization ProfileWWW.IMPACTBUSINESSLEADERS.COM
1729 P St NWWashington, DC 20036

(703) 944-9061

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.13x

Higher debt load relative to assets than 63% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

45th percentile

0.03x

Higher debt load relative to revenue than 45% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

80th percentile

22%

Higher net margin than 80% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

88th percentile

$98,378

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 17.6% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets63rd percentile

Assets

$129,358

No earlier filing loaded for comparison.

Net Assets

$112,184

No earlier filing loaded for comparison.

Liabilities

$17,174

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin80th percentile

Revenue

$558,172

No earlier filing loaded for comparison.

Expenses

$433,980

No earlier filing loaded for comparison.

Net Income

$124,192

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$300K$200K$100K$0Assets 2014: $129,358Liabilities 2014: $17,174Net Assets 2014: $112,1842014Assets 2015: $219,382Liabilities 2015: $74,006Net Assets 2015: $145,3762015Assets 2016: $45,669Liabilities 2016: $18,714Net Assets 2016: $26,9552016Assets 2017: $1,499Liabilities 2017: $0Net Assets 2017: $1,4992017

Highlighted filing

2014

Assets$129,358
Liabilities$17,174
Net Assets$112,184
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $558,172Expenses 2014: $433,980Net Income 2014: $124,1922014Revenue 2015: $598,937Expenses 2015: $565,745Net Income 2015: $33,1922015Revenue 2016: $503,153Expenses 2016: $621,574Net Income 2016: -$118,4212016Revenue 2017: $67,779Expenses 2017: $93,235Net Income 2017: -$25,4562017

Highlighted filing

2014

Revenue$558,172
Expenses$433,980
Net Income$124,192
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 7, 2015
Return Version
2014v5.0
Gross Receipts
$558,172
Mission and Program Overview

Mission

Impact business leaders helps professionals transition into the social enterprise and impact investing sector around the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$122,908-
Loans From Officers Directors$12,456--
Land, Buildings, and Equipment, Net$0$3,597▲ $3,597
Accounts Receivable-$2,853-
Prepaid Expenses and Deferred Charges$448--
Total Assets$448$129,358▲ $128,910
Liabilities
Accounts Payable and Accrued Expenses-$9,174-
Deferred Revenue-$8,000-
Total Liabilities$12,456$17,174▲ $4,718
Net Assets / Fund Balance
Unrestricted Net Assets$-12,008$76,191▲ $88,199
Temporarily Rstr Net Assets-$35,993-
Total Net Assets Fund Balance$-12,008$112,184▲ $124,192
Total Liabilities and Net Assets / Fund Balance$448$129,358▲ $128,910

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,597$803$4,400
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David KyleExecutive DirectorFT$90,000$8,378$98,378
Jonathan WaldroupOperations Manager/COOFT$70,000$9,752$79,752
Ross BairdDirector-$8,282-$8,282

Board Members and Trustees

NameTitle
Simon DesjardinsBoard Chair From 3/2014
Yuwei ShiBoard Chair Thru 3/2014
Lewis HowerDirector
Aditi ShrivastavaDirector From 11/2014
Revenue and Support

Revenue Composition

Contributions and Grants
$553,497
Program Service Revenue
$4,675
Investment Income
$0
Other Revenue
$0
All Other Contributions
$553,497
Change in Net Assets
$124,192

Audited Revenue Reconciliation

Revenue per Audited Statements
$558,172
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$59,671
Total Revenue per Audited Statements
$617,843
Total Revenue per Form 990
$558,172
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$191,458
Other Expenses$162,397
Grants and Similar Amounts Paid$80,125
Total Fundraising Expense$13,724
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$151,411$17,813$8,907$178,131
Travel$56,206$3,001$1,500$60,707
Foreign Grants$56,331--$56,331
Fees for Services Other$41,566$981$490$43,037
Grants to Domestic Individuals$23,794--$23,794
Information Technology$17,381$2,046$1,023$20,450
Payroll Taxes$11,328$1,333$666$13,327
Office Expenses$8,122$241$121$8,484
Conferences and Meetings$5,520$580$290$6,390
Advertising$5,778$43$22$5,843
Occupancy$1,594$188$94$1,876
Insurance$1,725--$1,725
Depreciation Depletion$683$80$40$803
Other Expenses$69$8$4$81
Total Functional Expenses$392,807$27,449$13,724$433,980

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$505,659
Expenses per Audited Statements$433,980
Total Expenses per Form 990$433,980
Expenses Not Reported on Form 990$71,679
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
0
Employees
3
Spending
$122,732

International Compliance

Foreign grant records maintained
No
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
Sub-saharan AfricaProgramProgram Workshop at Ashesi University, Ghana--$43,170
Europe (including Iceland & Greenland)GrantsParticipant Scholarships for Oxford Program03$40,666
Europe (including Iceland & Greenland)ProgramProgram Workshop at Oxford University, Uk00$18,281
South AsiaGrantsParticipant Scholarships for Oxford Program00$15,665
North AmericaProgramConference in Mexico00$4,950
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ross BairdFamilyContractor PaymentsNo$8,282

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$12,456--
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
Yes
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“David kyle and ross baird: family relationship”

Form 990, Part VI, Section A, Line 4

“Impact business leaders amended the bylaws to increase the number of directors from three to five.”

Form 990, Part VI, Section B, Line 11

“The form 990 will be reviewed by the coo and the executive director before being submitted.”

Form 990, Part VI, Section B, Line 12C

“In connection with conflict of interest, an interested person must annually disclose the existence of the conflict to the governing body. The interested person shall exit any meeting during the discussion of, and the vote on, the transaction or arrangement that is the subject of the possible conflict of interest. The chairman of the board shall, if appropriate, appoint a disinterested person or committee to investigate reasonable alternatives to the proposed transaction or arrangement where the conflict exists.”

Form 990, Part VI, Section B, Line 15

“Ibl's board determines the compensation of the executive director (the executive director is not a member of the board). Given the relative youth of the organization, comparability data is largely based on the experience of the board. However, ibl has participated in a salary survey with peer organizations during the summer of 2015 (run by the aspen network of development entrepreneurs, results pending), and plans to use this data to further aid the board in appropriately determining compensation. The executive director's compensation was last reviewed in january 2015. The executive director proposes appropriate compensation for ibl's key officers, and the board approves or rejects the executive director's proposals. Ibl has participated in a salary survey with peer organizations during the summer of 2015 (run by the aspen network of development entrepreneurs, results pending), and plans to use this data to further aid the board in appropriately determining compensation.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Impact Business Leaders
EIN
46-4273326
Phone
7039449061
Address
1729 P ST NW, WASHINGTON, DC 20036

Signing Officer

Name
David Kyle
Title
Executive Director
Phone
7039449061
Signed
2015-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Kyle
Formed
2013
Legal Domicile
Dc
Voting Board Members
4
Independent Board Members
4
Employees
2
Volunteers
5

Preparer

Firm
Johnson Lambert Llp
Address
700 SPRING FOREST ROAD SUITE 115, RALEIGH, NC 27609
Preparer
John Huskins
Phone
9197196400
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Management has concluded that ibl has properly maintained its exempt status, and there are no uncertain tax positions as of december 31, 2014.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Prior short-period activity 12,008.”

Raw XML AppendixShowing 400 of 461 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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IRS990/RevenueAmt04675
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE PREVIOUS TAX YEAR WAS A SHORT YEAR DUE TO FORMATION DURING 2013.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0553497
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0553497
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04675
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt027140
IRS990ScheduleA/SubstantialContributorsTotAmt0526357
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0553497
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0553497
IRS990ScheduleA/TotalSupportAmt0553497
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt059671
IRS990ScheduleD/DonatedServicesUseFcltsAmt059671
IRS990ScheduleD/ExpensesNotReportedAmt071679
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0433980
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt012008
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03597
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0803
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04400
IRS990ScheduleD/RevenueNotReportedAmt059671
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0558172
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS CONCLUDED THAT IBL HAS PROPERLY MAINTAINED ITS EXEMPT STATUS, AND THERE ARE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2014.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PRIOR SHORT-PERIOD ACTIVITY 12,008.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03597
IRS990ScheduleD/TotalExpensesPerForm990Amt0433980
IRS990ScheduleD/TotalRevenuePerForm990Amt0558172
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0617843
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0505659
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt03
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt30
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt30
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt040666
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt118281
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt24950
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt315665
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt443170
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE (INCLUDING ICELAND & GREENLAND)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EUROPE (INCLUDING ICELAND & GREENLAND)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2NORTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3SOUTH ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt4SUB-SAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0PARTICIPANT SCHOLARSHIPS FOR OXFORD PROGRAM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1PROGRAM WORKSHOP AT OXFORD UNIVERSITY, UK
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2CONFERENCE IN MEXICO
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3PARTICIPANT SCHOLARSHIPS FOR OXFORD PROGRAM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt4PROGRAM WORKSHOP AT ASHESI UNIVERSITY, GHANA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3GRANTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt4PROGRAM
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt056331
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt07
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0EUROPE (INCLUDING ICELAND & GREENLAND)
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0OXFORD SCHOLARSHIP
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt03
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0122732
IRS990ScheduleF/TotalEmployeeCnt03
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0122732
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt023794
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0OXFORD SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE SCHOLARSHIPS TO IBL@OXFORD PARTICIPANTS ARE BASED UPON THE COMPLETION OF MILESTONES IN ADVANCE OF DISBURSEMENT. SINCE THE SCHOLARSHIPS ARE INTENDED AS AWARDS BASED ON MILESTONE COMPLETION, THE GRANT FUNDS DO NOT HAVE TO BE SPENT IN ANY PARTICULAR WAY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0ROSS BAIRD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FAMILY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt08282
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CONTRACTOR PAYMENTS
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAVID KYLE AND ROSS BAIRD: FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IMPACT BUSINESS LEADERS AMENDED THE BYLAWS TO INCREASE THE NUMBER OF DIRECTORS FROM THREE TO FIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 WILL BE REVIEWED BY THE COO AND THE EXECUTIVE DIRECTOR BEFORE BEING SUBMITTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN CONNECTION WITH CONFLICT OF INTEREST, AN INTERESTED PERSON MUST ANNUALLY DISCLOSE THE EXISTENCE OF THE CONFLICT TO THE GOVERNING BODY. THE INTERESTED PERSON SHALL EXIT ANY MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT IS THE SUBJECT OF THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRMAN OF THE BOARD SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE REASONABLE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT WHERE THE CONFLICT EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IBL'S BOARD DETERMINES THE COMPENSATION OF THE EXECUTIVE DIRECTOR (THE EXECUTIVE DIRECTOR IS NOT A MEMBER OF THE BOARD). GIVEN THE RELATIVE YOUTH OF THE ORGANIZATION, COMPARABILITY DATA IS LARGELY BASED ON THE EXPERIENCE OF THE BOARD. HOWEVER, IBL HAS PARTICIPATED IN A SALARY SURVEY WITH PEER ORGANIZATIONS DURING THE SUMMER OF 2015 (RUN BY THE ASPEN NETWORK OF DEVELOPMENT ENTREPRENEURS, RESULTS PENDING), AND PLANS TO USE THIS DATA TO FURTHER AID THE BOARD IN APPROPRIATELY DETERMINING COMPENSATION. THE EXECUTIVE DIRECTOR'S COMPENSATION WAS LAST REVIEWED IN JANUARY 2015. THE EXECUTIVE DIRECTOR PROPOSES APPROPRIATE COMPENSATION FOR IBL'S KEY OFFICERS, AND THE BOARD APPROVES OR REJECTS THE EXECUTIVE DIRECTOR'S PROPOSALS. IBL HAS PARTICIPATED IN A SALARY SURVEY WITH PEER ORGANIZATIONS DURING THE SUMMER OF 2015 (RUN BY THE ASPEN NETWORK OF DEVELOPMENT ENTREPRENEURS, RESULTS PENDING), AND PLANS TO USE THIS DATA TO FURTHER AID THE BOARD IN APPROPRIATELY DETERMINING COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt035993
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0448
IRS990/TotalAssetsEOYAmt0129358
IRS990/TotalAssetsGrp/BOYAmt0448
IRS990/TotalAssetsGrp/EOYAmt0129358
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0553497
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt013724
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt027449
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0392807
IRS990/TotalFunctionalExpensesGrp/TotalAmt0433980
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012456
IRS990/TotalLiabilitiesEOYAmt017174
IRS990/TotalLiabilitiesGrp/BOYAmt012456

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$129,358
Liabilities
$17,174
Net assets
$112,184
Revenue
$558,172
Expenses
$433,980
Net income
$124,192
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.00$0.01$0.68$0.93$0.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.19$0.27$5.03$6.22$1.18
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$0.74$1.45$5.99$5.66$0.33
2014Detailed filing. Detailed filing data is available for this year.$1.29$0.17$1.12$5.58$4.34$1.24