Civic Intelligence

Iab Education Foundation

990 • Fiscal year 2016 • EIN 47-2617174

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

Organization Profilewww.iab.com/topics/iab-education-foundation
116 East 27th Street 7th FLNew York, NY 10016

(212) 380-4700

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.51x

Higher debt load relative to assets than 73% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

65th percentile

0.62x

Higher debt load relative to revenue than 65% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Net Margin

94th percentile

58%

Higher net margin than 94% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

99th percentile

$1,010,560

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 30.6% of source-year revenue.

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Asset Growth

99th percentile

559%

Faster asset growth than 99% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

97th percentile

450%

Faster revenue growth than 97% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$4,032,154

Up $3,419,871 (+559%) from 2015

Net Assets

Up

$1,991,336

Up $1,902,861 (+2151%) from 2015

Liabilities

Up

$2,040,818

Up $1,517,010 (+290%) from 2015

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin94th percentile

Revenue

Up

$3,297,387

Up $2,697,386 (+450%) from 2015

Expenses

Up

$1,394,526

Up $883,000 (+173%) from 2015

Net Income

Up

$1,902,861

Up $1,814,386 (+2051%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$6.0M$4.0M$2.0M$0Assets 2015: $612,283Liabilities 2015: $523,808Net Assets 2015: $88,4752015Assets 2016: $4,032,154Liabilities 2016: $2,040,818Net Assets 2016: $1,991,3362016Assets 2017: $1,160,379Liabilities 2017: $422,837Net Assets 2017: $737,5422017Assets 2018: $650,649Liabilities 2018: $45,000Net Assets 2018: $605,6492018Assets 2019: $7,266Liabilities 2019: $2,054Net Assets 2019: $5,2122019Assets 2020: $7,208Liabilities 2020: $2,684Net Assets 2020: $4,5242020Assets 2021: $4,507Liabilities 2021: $1,100Net Assets 2021: $3,4072021

Highlighted filing

2016

Assets$4,032,154
Liabilities$2,040,818
Net Assets$1,991,336
Open 2016 Filing

Operations Trend

Revenue Growth97th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $600,001Expenses 2015: $511,526Net Income 2015: $88,4752015Revenue 2016: $3,297,387Expenses 2016: $1,394,526Net Income 2016: $1,902,8612016Revenue 2017: $309,347Expenses 2017: $963,141Net Income 2017: -$653,7942017Revenue 2018: $160,700Expenses 2018: $292,593Net Income 2018: -$131,8932018Revenue 2019: $0Expenses 2019: $600,437Net Income 2019: -$600,4372019Revenue 2020: $0Expenses 2020: $688Net Income 2020: -$6882020Revenue 2021: $0Expenses 2021: $1,117Net Income 2021: -$1,1172021

Highlighted filing

2016

Revenue$3,297,387
Expenses$1,394,526
Net Income$1,902,861
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.1
Gross Receipts
$3,297,387
Mission and Program Overview

Mission

The iab education foundation is a charitable foundation whose mission is to grow the media and marketing capabilities of companies by developing a diverse workforce.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$0$2,000,000▲ $2,000,000
Cash and Non-Interest-Bearing Accounts$7,060$224,044▲ $216,984
Prepaid Expenses and Deferred Charges$0$50,848▲ $50,848
Savings and Temporary Cash Investments$5,001$30,212▲ $25,211
Accounts Receivable$222$30,000▲ $29,778
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$612,283$4,032,154▲ $3,419,871
Other Assets Total$600,000$1,697,050▲ $1,097,050
Liabilities
Other Liabilities$505,855$1,963,458▲ $1,457,603
Accounts Payable and Accrued Expenses$17,953$77,360▲ $59,407
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$523,808$2,040,818▲ $1,517,010
Net Assets / Fund Balance
Temporarily Rstr Net Assets$0$2,000,000▲ $2,000,000
Permanently Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$88,475$-8,664▼ $97,139
Total Net Assets Fund Balance$88,475$1,991,336▲ $1,902,861
Total Liabilities and Net Assets / Fund Balance$612,283$4,032,154▲ $3,419,871

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,697,050--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016-$2,000,000--$2,000,000
Compensation and Service Providers
Top Officer Pay99th percentile

Board Members and Trustees

NameTitle
Tim ArmstrongChairman
Bruce GordonDirector
Freada Kapor KleinDirector
Jennifer CreeganDirector
Maureen Jules-perezDirector
Michael KassanDirector
Patrick HarrisDirector
Phyllis EhrlichDirector
Randall RothenbergDirector
Stephen KimDirector
Tiffany DufuDirector
Michael TheodoreExecutive Director
Patrick DolanSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$3,297,376
Program Service Revenue
$0
Investment Income
$11
Other Revenue
$0
All Other Contributions
$2,500,200
Change in Net Assets
$1,902,861
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,237,396
Salaries, Compensation, and Employee Benefits$157,130
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$592,706-$592,706
Fees for Services Other$555,509--$555,509
Other Salaries and Wages$132,335--$132,335
Travel$25,099--$25,099
Conferences and Meetings$18,891--$18,891
Fees for Services Accounting-$18,000-$18,000
Other Employee Benefits$16,391--$16,391
Office Expenses$84$8,626-$8,710
Information Technology$8,044--$8,044
Advertising$7,591--$7,591
Payroll Taxes$5,720--$5,720
Fees for Services Legal$2,846--$2,846
Pension Plan Contributions$2,684--$2,684
Total Functional Expenses$775,194$619,332$0$1,394,526
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Due to Interactive Advertising$1,963,458
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

Part VI, Section A. - Line 6

“THE INTERACTIVE ADVERTISING BUREAU, INC. ("IAB") IS THE SOLE MEMBER OF THE FOUNDATION. PART VI, SECTION A. - LINE 7A IAB, the sole member, elects the directors of the foundation on an annual basis. PART VI, SECTION B. - LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED.”

Part VI, Section C. - Line 19

“The foundation does not make its governing documents, conflict of interest policy and financial statements available to the public.”

Filing and Contact Details

Filer

Filer Name
Iab Education Foundation
EIN
47-2617174
In Care Of
% JEANIE CARSTENSEN
Phone
2123804700
Address
116 EAST 27TH STREET 7TH FL, NEW YORK, NY 10016

Signing Officer

Name
James J Reilly
Title
authorizedaccountant
Phone
2126617777
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Armstrong
Formed
2014
Legal Domicile
Dc
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY L
Address
ONE BATTERY PARK PLAZA, NEW YORK, NY 10004-1405
Preparer
James J Reilly
Phone
2126617777
Supplemental Narrative

Additional Explanations

Part I - Line 5

“IAB has affiliation agreements with the Foundation to provide, among other things, office space, certain professional services, staffing, office services and other administrative support in exchange for monetary compensation as defined in the agreements. The agreements are automatically renewable each year unless written notice is provided by either party. PART III - LINE 1 THE IAB EDUCATION FOUNDATION (THE "FOUNDATION") IS A CHARITABLE FOUNDATION, A SUBSIDIARY OF THE INTERACTIVE BUREAU (IAB), WHOSE MISSION IS TO GROW THE MEDIA AND MARKETING CAPABILITIES OF COMPANIES BY DEVELOPING A PROFESSIONAL AND DIVERSE WORKFORCE THROUGH EDUCATION, TRAINING AND CERTIFICATION. TO SOLVE THE TWIN PROBLEMS OF A SKILL GAP AND LACK OF DIVERSITY IN THE DIGITAL AD TECH INDUSTRY, THE IAB EDUCATION FOUNDATION IS DEVELOPING SPECIAL ENTRY-LEVEL INSTRUCTIONAL AND CERTIFICATION PROGRAMS FOR UNDERSERVED CONSTITUENCIES, PARTNERING WITH COMMUNITY COLLEGES AND E-LEARNING COMPANIES TO PROVIDE THE TRAINING, AND THEN PLACING OF GRADUATES OF THE PROGRAM INTO ENTRY-LEVEL Positions.”

Form 990 Part IX Line 11G

“Description:consulting total fees:555509”

Financial Statement Notes

part V - line 4

“Temporarily restricted net assets include gifts of cash and other assets received with donor-imposed stipulations that will be met either by actions of the Foundation and/or the passage of time. Contributions with donor-imposed restrictions are reported as increases in temporarily restricted net assets. When a donor-imposed restriction expires, that is, when a stipulated time restriction ends or the purpose of the restriction is accomplished, temporarily restricted net assets are reclassified to unrestricted net assets and reported in the statement of activities as net assets released from restrictions. The Foundations policy is to record contributions with donor imposed restrictions that are met in the same year the contributions are received as unrestricted revenue.”

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IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03297387
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt08044
IRS990/InformationTechnologyGrp/TotalAmt08044
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt011
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt026
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SEE SCHEDULE O.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt088475
IRS990/NetAssetsOrFundBalancesEOYAmt01991336
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08626
IRS990/OfficeExpensesGrp/ProgramServicesAmt084
IRS990/OfficeExpensesGrp/TotalAmt08710
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0600000
IRS990/OtherAssetsTotalGrp/EOYAmt01697050
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt016391
IRS990/OtherEmployeeBenefitsGrp/TotalAmt016391
IRS990/OtherExpensesGrp/Desc0SHARED SERVICES WITH IAB
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0592706
IRS990/OtherExpensesGrp/TotalAmt0592706
IRS990/OtherLiabilitiesGrp/BOYAmt0505855
IRS990/OtherLiabilitiesGrp/EOYAmt01963458
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0132335
IRS990/OtherSalariesAndWagesGrp/TotalAmt0132335
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt05720
IRS990/PayrollTaxesGrp/TotalAmt05720
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02684
IRS990/PensionPlanContributionsGrp/TotalAmt02684
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02000000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt050848
IRS990/PrincipalOfficerNm0TIM ARMSTRONG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0600000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt030000
IRS990/PYInvestmentIncomeAmt01
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0481526
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt088475
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0511526
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0600001
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01902861
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0797176
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05001
IRS990/SavingsAndTempCashInvstGrp/EOYAmt030212
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgClassDesignatedInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0true
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE MISSION OF TTHE IAB EDUCATION FOUNDATION IS TO SUPPORT AND CARRY-OUT THE CHARITABLE AND EDUCATIONAL PURPOSES OF INTERACTIVE ADVERTISING BUREAU (ITS SOLE MEMBER), A DELAWARE CORPORATION RECOGNIZED AS EXEMPT FROM FEDERAL TAXATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(6). SPECIFICALLY, IAB EDUCATION FOUNDATION WILL WORK TO EXPAND CAREER OPPORTUNITIES IN THE DIGITAL ADVERTISING INDUSTRY FOR UNDERREPRESENTED CONSTITUENCIES SUCH AS WOMEN, MINORITIES, DISABLED PERSONS, AND VETERANS. IAB EDUCATION FOUNDATION WILL ENGAGE IN ACTIVITIES INVOLVING INDIVIDDUAL INSTRUCTION FOR THE PURPOSE OF IMPROVING AND DEVELOPING INDIVIDUALS' CAPABILITIES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A - 2
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0133900517
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0INTERACTIVE ADVERTISING BUREAU INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
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/ScheduleBRequiredInd0true
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt035320
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt021702
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt057022
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt0141279
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt086806
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0228085
IRS990ScheduleC/GrassrootsCeilingAmt085533
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt035320
IRS990ScheduleC/LobbyingCeilingAmt0342128
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt0141279
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0775194

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,032,154
Liabilities
$2,040,818
Net assets
$1,991,336
Revenue
$3,297,387
Expenses
$1,394,526
Net income
$1,902,861
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.00$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.00$0.60$0.60
2018Detailed filing. Detailed filing data is available for this year.$0.65$0.05$0.61$0.16$0.29$0.13
2017Detailed filing. Detailed filing data is available for this year.$1.16$0.42$0.74$0.31$0.96$0.65
2016Detailed filing. Detailed filing data is available for this year.$4.03$2.04$1.99$3.30$1.39$1.90
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.52$0.09$0.60$0.51$0.09