Civic Intelligence

Emerging Markets Investors Alliance Inc

EIN 47-3263443 • 501(c)3 • New York, NY

Profile

The organization enables institutional emerging market investors to support good governance, promote sustainable development, and improve investment performance in the governments and companies in which they invest.

47-4 48th Avenue UNIT 38FNew York, NY 11109

www.emia.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

42nd percentile

0.00x

Higher debt load relative to assets than 42% of similar nonprofits.

NTEE B • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.00x

Higher debt load relative to revenue than 41% of similar nonprofits.

NTEE B • $500k-$1M nonprofits • Source year 2024

Net Margin

14th percentile

-22%

Higher net margin than 14% of similar nonprofits.

NTEE B • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

57th percentile

$1

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE B • $500k-$1M nonprofits • Source year 2024

Asset Growth

14th percentile

-17%

Faster asset growth than 14% of similar nonprofits.

NTEE B • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-24%

Faster revenue growth than 14% of similar nonprofits.

NTEE B • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$519,429

Down $107,161 (-17%) from 2023

Liabilities

Down

$310

Down $1,610 (-84%) from 2023

Net Assets

Down

$519,119

Down $105,551 (-17%) from 2023

Revenue

Down

$472,771

Down $148,610 (-24%) from 2023

Expenses

Down

$578,322

Down $147,579 (-20%) from 2023

Net Income

Down

-$105,551

Down $1,031 (-1.0%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2015: $5,075Liabilities 2015: $0Net Assets 2015: $5,0752015Assets 2016: $154,724Liabilities 2016: $9,123Net Assets 2016: $145,6012016Assets 2017: $52,824Liabilities 2017: $12,325Net Assets 2017: $40,4992017Assets 2018: $262,527Liabilities 2018: $37,188Net Assets 2018: $225,3392018Assets 2019: $422,282Liabilities 2019: $6,987Net Assets 2019: $415,2952019Assets 2020: $422,044Liabilities 2020: $42,106Net Assets 2020: $379,9382020Assets 2021: $930,208Liabilities 2021: $83,770Net Assets 2021: $846,4382021Assets 2022: $737,988Liabilities 2022: $8,798Net Assets 2022: $729,1902022Assets 2023: $626,590Liabilities 2023: $1,920Net Assets 2023: $624,6702023Assets 2024: $519,429Liabilities 2024: $310Net Assets 2024: $519,1192024

Highlighted filing

2024

Assets$519,429
Liabilities$310
Net Assets$519,119

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2015: $6,835Expenses 2015: $1,760Net Income 2015: $5,0752015Revenue 2016: $157,000Expenses 2016: $16,474Net Income 2016: $140,5262016Revenue 2017: $19,000Expenses 2017: $124,102Net Income 2017: -$105,1022017Revenue 2018: $356,122Expenses 2018: $171,282Net Income 2018: $184,8402018Revenue 2019: $613,386Expenses 2019: $423,430Net Income 2019: $189,9562019Revenue 2020: $437,289Expenses 2020: $472,646Net Income 2020: -$35,3572020Revenue 2021: $898,994Expenses 2021: $432,494Net Income 2021: $466,5002021Revenue 2022: $549,030Expenses 2022: $666,278Net Income 2022: -$117,2482022Revenue 2023: $621,381Expenses 2023: $725,901Net Income 2023: -$104,5202023Revenue 2024: $472,771Expenses 2024: $578,322Net Income 2024: -$105,5512024

Highlighted filing

2024

Revenue$472,771
Expenses$578,322
Net Income-$105,551

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$472,771
Mission and Program Overview

Mission

EDUCATIONAL

The organization enables institutional emerging market investors to support good governance, promote sustainable development, and improve investment performance in the governments and companies in which they invest.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$461,090$349,429▼ $111,661
Pledges and Grants Receivable$165,500$170,000▲ $4,500
Total Assets$626,590$519,429▼ $107,161
Liabilities
Accounts Payable and Accrued Expenses$1,920$310▼ $1,610
Total Liabilities$1,920$310▼ $1,610
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$624,670$519,119▼ $105,551
Total Net Assets Fund Balance$624,670$519,119▼ $105,551
Total Liabilities and Net Assets / Fund Balance$626,590$519,429▼ $107,161
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Askok ParameswaranPresidentFT$1$1

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$448,602
Program Service Revenue
$11,840
Investment Income
$12,329
Other Revenue
$0
All Other Contributions
$106,102
Change in Net Assets
$-105,551
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$518,547
Salaries, Compensation, and Employee Benefits$59,775
Total Fundraising Expense$3,032
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$398,587$17,898-$416,485
Office Expenses$28,342$4,006-$32,348
Travel$31,131--$31,131
Other Salaries and Wages$24,571$4,607$1,536$30,714
Current Officers, Directors, Trustees, and Key Employees$19,201$3,600$1,200$24,001
Fees for Services Accounting$4,390$14,779-$19,169
Information Technology$8,767$974-$9,741
Other Expenses$4,310$772-$5,082
Payroll Taxes$3,554$666$222$4,442
Advertising$2,309--$2,309
Insurance$674$1,565$43$2,282
Other Employee Benefits$494$93$31$618
Total Functional Expenses$526,330$48,960$3,032$578,322
International Activity

International Summary

Employees
4
Spending
$426,574

International Compliance

Foreign grant records maintained
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe Including Iceland and GreenlandProgram ServicesConferences-4$426,574
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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, Section B, Line 11B

The organization reviews the 990 form at a board meeting prior to submitting to the IRS.

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

The organization enforced compliance with its conflict of interest policy by reviewing it periodically at board meetings.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Emerging Markets Investors Alliance Inc
EIN
47-3263443
Phone
9173851701
Address
47-4 48th Avenue UNIT 38F, New York, NY 11109

Signing Officer

Name
Ashok Parameswaran
Title
President
Phone
9173851701
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ashok Parameswaran
Formed
2015
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
30

Preparer

Firm
Foundation Group Inc
Address
2451 Atrium Way Suite 300, Nashville, TN 37214
Preparer
Andrew D Payne EA
Phone
6153619445
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional fees include compensation to Program Directors and Consultants.

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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt074000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt039000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0406500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0448602
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0602057
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0512459
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0822565
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0419000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02804683
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt012329
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt076
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt078
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0114
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt075
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt012672
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt011840
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt019248
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt036493
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt076315
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt018214
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0162110
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt012329
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt076
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt078
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0114
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt075
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt012672
IRS990ScheduleA/InvestmentIncomeCYPct00.00430
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.84420
IRS990ScheduleA/PublicSupportPY509Pct00.94230
IRS990ScheduleA/PublicSupportTotal509Amt02515293
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0288500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt074000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt039000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0451500
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt045000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt045000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0460442
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0621305
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0548952
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0898880
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0437214
IRS990ScheduleA/Total509Grp/TotalAmt02966793
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0472771
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0621381
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0549030
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0898994
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0437289
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02979465
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
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt04
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0426574
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Europe Including Iceland and Greenland
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Conferences
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/SubtotalEmployeesCnt04
IRS990ScheduleF/SubtotalSpentAmt0426574
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0The board of directors reviews proposed recipients to determine needs and proposed uses of grant funds. The recipients are then routinely monitored via financial progress reports, to ensure the funds are being used accordingly to accomplish the proposed purpose.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990ScheduleF/TotalEmployeeCnt04
IRS990ScheduleF/TotalSpentAmt0426574
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization reviews the 990 form at a board meeting prior to submitting to the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization enforced compliance with its conflict of interest policy by reviewing it periodically at board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization makes its governing documents, conflict of interest policy, financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Other professional fees include compensation to Program Directors and Consultants.
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 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0626590
IRS990/TotalAssetsEOYAmt0519429
IRS990/TotalAssetsGrp/BOYAmt0626590
IRS990/TotalAssetsGrp/EOYAmt0519429
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0448602
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03032
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt048960
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0526330
IRS990/TotalFunctionalExpensesGrp/TotalAmt0578322
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01920

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