Civic Intelligence

International Eczema Council

990 • Fiscal year 2021 • EIN 47-2735839

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 06, 2022

Organization ProfileWWW.ECZEMACOUNCIL.ORG
8735 W Higgins Rd 300Chicago, IL 60631

(888) 382-3724

Siviq Scores

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

Liabilities / Assets

50th percentile

0.07x

Higher debt load relative to assets than 50% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

68th percentile

0.24x

Higher debt load relative to revenue than 68% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

33rd percentile

3.7%

Higher net margin than 33% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

91st percentile

$205,232

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 25.5% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

13th percentile

-5.3%

Faster asset growth than 13% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

13th percentile

-22%

Faster revenue growth than 13% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets50th percentile

Assets

Down

$2,853,883

Down $159,035 (-5.3%) from 2020

Net Assets

Up

$2,661,405

Up $21,245 (+0.8%) from 2020

Liabilities

Down

$192,478

Down $180,280 (-48%) from 2020

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin33rd percentile

Revenue

Down

$803,591

Down $223,309 (-22%) from 2020

Expenses

Up

$773,499

Up $188,104 (+32%) from 2020

Net Income

Down

$30,092

Down $411,413 (-93%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $435,852Liabilities 2015: $0Net Assets 2015: $435,8522015Assets 2016: $1,169,091Liabilities 2016: $55,367Net Assets 2016: $1,113,7242016Assets 2017: $1,257,225Liabilities 2017: $32,447Net Assets 2017: $1,224,7782017Assets 2018: $1,878,102Liabilities 2018: $28,944Net Assets 2018: $1,849,1582018Assets 2019: $2,561,273Liabilities 2019: $366,155Net Assets 2019: $2,195,1182019Assets 2020: $3,012,918Liabilities 2020: $372,758Net Assets 2020: $2,640,1602020Assets 2021: $2,853,883Liabilities 2021: $192,478Net Assets 2021: $2,661,4052021Assets 2022: $2,543,383Liabilities 2022: $33,403Net Assets 2022: $2,509,9802022Assets 2023: $2,549,604Liabilities 2023: $35,192Net Assets 2023: $2,514,4122023Assets 2024: $2,533,919Liabilities 2024: $16,625Net Assets 2024: $2,517,2942024

Highlighted filing

2021

Assets$2,853,883
Liabilities$192,478
Net Assets$2,661,405
Open 2021 Filing

Operations Trend

Revenue Growth13th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $487,537Expenses 2015: $51,685Net Income 2015: $435,8522015Revenue 2016: $948,436Expenses 2016: $270,564Net Income 2016: $677,8722016Revenue 2017: $499,580Expenses 2017: $388,526Net Income 2017: $111,0542017Revenue 2018: $1,111,712Expenses 2018: $490,455Net Income 2018: $621,2572018Revenue 2019: $1,018,667Expenses 2019: $680,178Net Income 2019: $338,4892019Revenue 2020: $1,026,900Expenses 2020: $585,395Net Income 2020: $441,5052020Revenue 2021: $803,591Expenses 2021: $773,499Net Income 2021: $30,0922021Revenue 2022: $273,773Expenses 2022: $401,201Net Income 2022: -$127,4282022Revenue 2023: $22,240Expenses 2023: $49,227Net Income 2023: -$26,9872023Revenue 2024: $36,381Expenses 2024: $57,895Net Income 2024: -$21,5142024

Highlighted filing

2021

Revenue$803,591
Expenses$773,499
Net Income$30,092
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 6, 2022
Return Version
2021v4.0
Gross Receipts
$803,591
Mission and Program Overview

Mission

Dedicated to increasing our understanding of eczema and promoting its optimal management through research, education and patient/family care.

Scientists and physicians dedicated to research, discovery, and care for patients with eczema.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,132,286$2,210,618▲ $78,332
Investments in Publicly Traded Securities$527,109$523,653▼ $3,456
Cash and Non-Interest-Bearing Accounts$270,776$97,521▼ $173,255
Accounts Receivable$50,000$0▼ $50,000
Intangible Assets$21,595$13,974▼ $7,621
Prepaid Expenses and Deferred Charges$11,152$8,117▼ $3,035
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Inventories for Sale or Use-$0-
Total Assets$3,012,918$2,853,883▼ $159,035
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$72,758$105,141▲ $32,383
Deferred Revenue$300,000$87,337▼ $212,663
Total Liabilities$372,758$192,478▼ $180,280
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,640,160$2,661,405▲ $21,245
Total Net Assets Fund Balance$2,640,160$2,661,405▲ $21,245
Total Liabilities and Net Assets / Fund Balance$3,012,918$2,853,883▼ $159,035
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Margaret JungExecutive DirectorFT$200,226$5,006$205,232

Board Members and Trustees

NameTitle
Emma GuttmanPast President
Robert BissonnettePresident
Alan IrvinePresident Elect
Amy PallerDirector
Carsten FlohrDirector
Georg StinglDirector
Jacob ThyssenDirector
Johannes WorsoeDirector
Kwang Hoon LeeDirector
Nick J ReynoldsDirector
Thomas LugerDirector
Valeria AokiDirector
Kenji KabashimaSecretary
Kevin CooperTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Association Management CenterManagement Services8735 W Higgins Rd 300, Chicago, IL 60631$380,365
Revenue and Support

Revenue Composition

Contributions and Grants
$745,433
Program Service Revenue
$0
Investment Income
$8,158
Other Revenue
$50,000
All Other Contributions
$745,433
Change in Net Assets
$30,092

Audited Revenue Reconciliation

Revenue per Audited Statements
$801,750
Revenue Not Reported on Financial Statements
$1,841
Revenue Not Reported on Form 990
$-8,847
Total Revenue per Audited Statements
$792,903
Total Revenue per Form 990
$803,591
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$556,480
Salaries, Compensation, and Employee Benefits$217,019
Total Fundraising Expense$50,183
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$270,601$80,694$29,070$380,365
Current Officers, Directors, Trustees, and Key Employees$155,834$24,913$19,479$200,226
Fees for Services Legal$3,986$26,124-$30,110
All Other Expenses$13,919$15,836-$29,755
Other Expenses$12,809$13,773-$12,809
Payroll Taxes$9,174$1,466$1,147$11,787
Advertising$6,321$3,000-$9,321
Fees for Services Accounting-$9,250-$9,250
Insurance-$8,466-$8,466
Depreciation Depletion-$7,621-$7,621
Pension Plan Contributions$3,896$623$487$5,006
Fees for Service Investment Mgmnt Fees-$1,841-$1,841
Travel$1,589$250-$1,839
Fees for Services Other-$1,145-$1,145
Office Expenses$83--$83
Total Functional Expenses$527,856$195,460$50,183$773,499

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$773,499
Expenses per Audited Statements$771,658
Total Expenses per Audited Statements$771,658
Expenses Not Reported on Financial Statements$1,841
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 35% controlled entity
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“The financial statement and form 990 were reviewed by the board president and executive director. The financial statement was reviewed and approved at a board meeting. A copy of the form 990 was provided to board members prior to submission.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Board members were asked to complete and sign a conflict of interest statement. This signed statement was collected by the executive director and board secretary. They were reviewed and any board member would be asked to excuse themselves on any board discussions and board resolutions if a conflict existed.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“Forms 1023 and 990 will be made available upon request.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The governing documents and financial statements are available upon request”

Filing and Contact Details

Filer

Filer Name
Iec Foundation
EIN
47-2735839
Phone
8883823724
Address
8735 W HIGGINS RD 300, CHICAGO, IL 60631

Signing Officer

Name
Alan Stiles
Title
Curr Exec Director
Signed
2022-10-06
Discuss with paid preparer
Yes

Organization Details

Formed
2014
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
14
Employees
1
Volunteers
100

Preparer

Firm
Barnes Givens & Barnes
Address
200 E Evergreen Ave STE 117, Mount Prospect, IL 60056
Preparer
William J Barnes
Phone
2247642442
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The organization is required to recognize measure, classify, and disclose in the financial statements uncertain tax positions taken or expected to be taken in the organizations tax returns. Management has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 541 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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IRS990ScheduleA/FactsAndCircumstancesTestTxt0Current Year Facts and Circumstances: The International Eczema Council (IEC) is dedicated to increasing the understanding of atopic dermatitis and promoting its optimal management through research, education and patient/family care. The IEC is governed by a Board of Directors, comprised of a dozen leading international dermatologist experts in atopic dermatitis from across the globe as well as a public member who is an atopic dermatitis patient. Additionally, atopic dermatitis experts from around the globe serve in an advisory role as Councilors and Associates of the IEC. With over one hundred Councilors and Associates from 24 countries joined together already, this group contributes their expertise to support the IECs research, programs, events and education. IECs numerous educational symposia, webcasts, educational modules, manuscripts, research and other activities are widely available and free to healthcare professionals and to the public in both the US and Internationally.For its first years in existence ending 12/31/2021, IEC has received its funding from nearly two dozen entities including commercial companies as well as a foundation and individual. We fundraise across a wide group of organizations and are launching a broad new initiative to expand our fundraising reach to new audiences.
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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,853,883
Liabilities
$192,478
Net assets
$2,661,405
Revenue
$803,591
Expenses
$773,499
Net income
$30,092
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$0.02$2.52$0.04$0.06$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.55$0.04$2.51$0.02$0.05$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.54$0.03$2.51$0.27$0.40$0.13
2021Detailed filing. Detailed filing data is available for this year.$2.85$0.19$2.66$0.80$0.77$0.03
2020Detailed filing. Detailed filing data is available for this year.$3.01$0.37$2.64$1.03$0.59$0.44
2019Summary only. Only limited summary data is available for this year.$2.56$0.37$2.20$1.02$0.68$0.34
2018Detailed filing. Detailed filing data is available for this year.$1.88$0.03$1.85$1.11$0.49$0.62
2017Detailed filing. Detailed filing data is available for this year.$1.26$0.03$1.22$0.50$0.39$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.17$0.06$1.11$0.95$0.27$0.68
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.49$0.05$0.44