Civic Intelligence

International Eczema Council

990 • Fiscal year 2023 • EIN 47-2735839

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 05, 2024

Organization ProfileWWW.ECZEMACOUNCIL.ORG
1061 American Ln 310Schaumburg, IL 60173

(888) 382-3724

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

1.58x

Higher debt load relative to revenue than 91% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

3rd percentile

-121%

Higher net margin than 3% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$223,017

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 1002.8% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

37th percentile

0.2%

Faster asset growth than 37% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-92%

Faster revenue growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$2,549,604

Up $6,221 (+0.2%) from 2022

Net Assets

Up

$2,514,412

Up $4,432 (+0.2%) from 2022

Liabilities

Up

$35,192

Up $1,789 (+5.4%) from 2022

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin3rd percentile

Revenue

Down

$22,240

Down $251,533 (-92%) from 2022

Expenses

Down

$49,227

Down $351,974 (-88%) from 2022

Net Income

Up

-$26,987

Up $100,441 (+79%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth37th 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

2023

Assets$2,549,604
Liabilities$35,192
Net Assets$2,514,412
Open 2023 Filing

Operations Trend

Revenue Growth1st 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

2023

Revenue$22,240
Expenses$49,227
Net Income-$26,987
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 5, 2024
Return Version
2023v5.1
Gross Receipts
$22,240
Mission and Program Overview

Mission

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

The organizations mission is to Improve patient care by promoting research, education, and best practices in treatment for atopic dermatitis in people worldwide.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,420,432$1,429,070▲ $8,638
Investments in Publicly Traded Securities$1,004,735$1,045,933▲ $41,198
Cash and Non-Interest-Bearing Accounts$111,864$74,601▼ $37,263
Intangible Assets$6,352$0▼ $6,352
Accounts Receivable-$0-
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,543,383$2,549,604▲ $6,221
Other Assets Total-$0-
Liabilities
Deferred Revenue$14,899$19,964▲ $5,065
Accounts Payable and Accrued Expenses$18,504$15,228▼ $3,276
Total Liabilities$33,403$35,192▲ $1,789
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,509,980$2,514,412▲ $4,432
Total Net Assets Fund Balance$2,509,980$2,514,412▲ $4,432
Total Liabilities and Net Assets / Fund Balance$2,543,383$2,549,604▲ $6,221
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alan StilesExecutive DirectorPT$20,133$202,884$20,133

Board Members and Trustees

NameTitle
Emma GuttmanPast President
Robert BissonnettePresident
Alan IrvinePresident Elect
Amy PallerDirector
Bernd ArentsDirector
Carsten FlohrDirector
Katrina AbuabaraDirector
Melinda GooderhamDirector
Thomas BieberDirector
Valeria AokiDirector
Kenji KabashimaSecretary
Kevin CooperTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,736
Program Service Revenue
$0
Investment Income
$13,504
Other Revenue
$0
All Other Contributions
$8,736
Change in Net Assets
$-26,987

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,668
Revenue Not Reported on Financial Statements
$3,572
Revenue Not Reported on Form 990
$31,419
Total Revenue per Audited Statements
$50,087
Total Revenue per Form 990
$22,240
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$27,757
Salaries, Compensation, and Employee Benefits$21,470
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$20,133-$20,133
Fees for Services Management-$5,386-$5,386
Travel$5,069--$5,069
Fees for Service Investment Mgmnt Fees-$3,572-$3,572
Insurance-$1,613-$1,613
Fees for Services Legal$1,313$250-$1,563
Payroll Taxes-$1,337-$1,337
Other Expenses$123$635-$635
All Other Expenses-$397-$397
Total Functional Expenses$6,505$42,722$0$49,227

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$49,227
Expenses per Audited Statements$45,655
Total Expenses per Audited Statements$45,655
Expenses Not Reported on Financial Statements$3,572
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
No
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, Section B, Line 11B

“The financial statement and form 990 were reviewed by the 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, Section B, Line 12C

“Board members were asked to complete and sign a conflict of interest statement. This signed statement was collected by the executive director. 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, Section C, Line 18

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

Form 990, Part VI, Section C, Line 19

“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
1061 American Ln 310, Schaumburg, IL 60173

Signing Officer

Name
Alan Stiles
Title
Executive Director
Signed
2024-11-05
Discuss with paid preparer
Yes

Organization Details

Formed
2014
Legal Domicile
Il
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
100

Preparer

Firm
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.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt3President Elect
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IRS990/MissionDesc0The Organization brings together dermatology experts on eczema to attain the following goals:- Grow and strengthen relationships that support and engage the global IEC community.- Elevate the expert voice of IEC globally to improve outcomes for patients.- Expand IECs impact on the evolution of global, evidence-based knowledge in atopicdermatitis.- Magnify IECs thought leadership position in physician education by expanding contentand delivery channels.
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IRS990ScheduleA/FactsAndCircumstancesTestTxt0Current Year Facts and Circumstances: The organization is dedicated to improving patient care by promoting research, education, and best practices in treatment for atopic dermatitis in people worldwide. 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 145 Councilors and Associates from 32 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 12/31/2023, IEC has received its funding from nearly two dozen entities including commercial companies as well as a foundation and individual.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Alan Stiles
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Dir.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FINANCIAL STATEMENT AND FORM 990 WERE REVIEWED BY THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS WERE ASKED TO COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT. THIS SIGNED STATEMENT WAS COLLECTED BY THE EXECUTIVE DIRECTOR. THEY WERE REVIEWED AND ANY BOARD MEMBER WOULD BE ASKED TO EXCUSE THEMSELVES ON ANY BOARD DISCUSSIONS AND BOARD RESOLUTIONS IF A CONFLICT EXISTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORMS 1023 AND 990 WILL BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,549,604
Liabilities
$35,192
Net assets
$2,514,412
Revenue
$22,240
Expenses
$49,227
Net income
-$26,987
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