Civic Intelligence

Iab Education Foundation

990EZ • Fiscal year 2020 • EIN 47-2617174

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

Organization ProfileWWW.IAB.COM/TOPICS/IAB-EDUCATION-FOUNDATION
116 East 27th Street 7th FLNew York, NY 10016

(212) 380-4705

Siviq Scores

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

Liabilities / Assets

85th percentile

0.37x

Higher debt load relative to assets than 85% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Asset Growth

41st percentile

-0.8%

Faster asset growth than 41% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

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

Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$7,208

Down $58 (-0.8%) from 2019

Net Assets

Down

$4,524

Down $688 (-13%) from 2019

Liabilities

Up

$2,684

Up $630 (+31%) from 2019

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2019

Expenses

Down

$688

Down $599,749 (-100%) from 2019

Net Income

Up

-$688

Up $599,749 (+100%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth41st 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

2020

Assets$7,208
Liabilities$2,684
Net Assets$4,524
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

2020

Revenue$0
Expenses$688
Net Income-$688
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.1
Gross Receipts
$0
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.

Program Services

DescriptionGrantsExpenses
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.$0$0
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RANDALL ROTHENBERGDirector-$0--
Filing and Contact Details

Filer

Filer Name
Iab Education Foundation
EIN
47-2617174
Phone
2123804705
Address
116 EAST 27TH STREET 7TH FL, NEW YORK, NY 10016

Signing Officer

Name
Tim Armstrong
Title
Chairman
Phone
2123804705
Signed
2021-11-11
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: office expense - bank fees/service charges. Amount: 57.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: other receivable. Beg. Of year amount: 1,444. End of year amount: 0.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accounts payable. Beg. Of year amount: 179. End of year amount: 2,684. Description: accrued expenses. Beg. Of year amount: 1,875. End of year amount: 0.”

Raw XML Appendix144 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/USAddress/AddressLine1Txt0116 EAST 27TH STREET 7TH FL
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd01
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd01
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE MISSION OF THE 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 INDIVDUAL INSTRUCTION FOR THE PURPOSE OF IMPROVING AND DEVELOPING INDIVIDUALS CAPABILITIES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OFFICE EXPENSE - BANK FEES/SERVICE CHARGES. AMOUNT: 57.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/Filer/EIN0472617174
ReturnHeader/Filer/PhoneNum02123804705
ReturnHeader/Filer/USAddress/AddressLine1Txt0116 EAST 27TH STREET 7TH FL
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
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ReturnHeader/PreparerPersonGrp/PhoneNum02126617777
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES J REILLY
ReturnHeader/ReturnTs02021-11-12T09:59:09-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TIM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ARMSTRONG
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,208
Liabilities
$2,684
Net assets
$4,524
Revenue
$0
Expenses
$688
Net income
-$688
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