Civic Intelligence

Franklin Center for Global Policy Exchange

990 • Fiscal year 2018 • EIN 52-1159816

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 15, 2019

Organization Profilewww.franklincenter.us

View Organization Page

1155 15th Street NW Ste 550Washington, DC 20005

(202) 216-1008

Siviq Scores

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

Liabilities / Assets

70th percentile

0.28x

Higher debt load relative to assets than 70% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

82nd percentile

0.67x

Higher debt load relative to revenue than 82% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

89th percentile

41%

Higher net margin than 89% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

89th percentile

$194,824

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 13.7% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

91st percentile

46%

Faster asset growth than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

82nd percentile

32%

Faster revenue growth than 82% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$3,343,491

Up $1,055,961 (+46%) from 2017

Net Assets

Up

$2,392,868

Up $550,028 (+30%) from 2017

Liabilities

Up

$950,623

Up $505,933 (+114%) from 2017

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin89th percentile

Revenue

Up

$1,421,972

Up $341,563 (+32%) from 2017

Expenses

Up

$836,827

Up $191,580 (+30%) from 2017

Net Income

Up

$585,145

Up $149,983 (+34%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $134,742Liabilities 2011: $70,789Net Assets 2011: $63,9532011Assets 2012: $286,133Liabilities 2012: $198,500Net Assets 2012: $87,6332012Assets 2013: $790,363Liabilities 2013: $503,943Net Assets 2013: $286,4202013Assets 2014: $958,809Liabilities 2014: $359,665Net Assets 2014: $599,1442014Assets 2015: $1,310,447Liabilities 2015: $289,038Net Assets 2015: $1,021,4092015Assets 2016: $1,730,139Liabilities 2016: $330,762Net Assets 2016: $1,399,3772016Assets 2017: $2,287,530Liabilities 2017: $444,690Net Assets 2017: $1,842,8402017Assets 2018: $3,343,491Liabilities 2018: $950,623Net Assets 2018: $2,392,8682018Assets 2019: $3,569,488Liabilities 2019: $742,124Net Assets 2019: $2,827,3642019Assets 2020: $4,604,736Liabilities 2020: $973,765Net Assets 2020: $3,630,9712020Assets 2021: $5,390,724Liabilities 2021: $1,169,403Net Assets 2021: $4,221,3212021Assets 2022: $5,834,227Liabilities 2022: $1,094,562Net Assets 2022: $4,739,6652022Assets 2023: $6,620,425Liabilities 2023: $1,133,061Net Assets 2023: $5,487,3642023Assets 2024: $7,410,499Liabilities 2024: $1,053,203Net Assets 2024: $6,357,2962024

Highlighted filing

2018

Assets$3,343,491
Liabilities$950,623
Net Assets$2,392,868
Open 2018 Filing

Operations Trend

Revenue Growth82nd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $561,447Expenses 2011: $574,574Net Income 2011: -$13,1272011Expenses 2012: $334,8112012Revenue 2013: $580,725Expenses 2013: $381,938Net Income 2013: $198,7872013Revenue 2014: $728,607Expenses 2014: $415,883Net Income 2014: $312,7242014Revenue 2015: $764,886Expenses 2015: $342,621Net Income 2015: $422,2652015Revenue 2016: $954,844Expenses 2016: $576,877Net Income 2016: $377,9672016Revenue 2017: $1,080,409Expenses 2017: $645,247Net Income 2017: $435,1622017Revenue 2018: $1,421,972Expenses 2018: $836,827Net Income 2018: $585,1452018Revenue 2019: $1,574,680Expenses 2019: $1,201,819Net Income 2019: $372,8612019Revenue 2020: $1,340,015Expenses 2020: $570,989Net Income 2020: $769,0262020Revenue 2021: $1,282,603Expenses 2021: $708,784Net Income 2021: $573,8192021Revenue 2022: $1,909,823Expenses 2022: $1,305,319Net Income 2022: $604,5042022Revenue 2023: $2,104,919Expenses 2023: $1,405,043Net Income 2023: $699,8762023Revenue 2024: $2,516,407Expenses 2024: $1,704,438Net Income 2024: $811,9692024

Highlighted filing

2018

Revenue$1,421,972
Expenses$836,827
Net Income$585,145
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 15, 2019
Return Version
2018v3.1
Gross Receipts
$1,421,972
Mission and Program Overview

Mission

Founded in 1978, the Franklin Center for Global Policy Exchange (Franklin Center) is a non-partisan, non-profit 501(c)(3) organization committed to enhancing global understanding of important international issues. The Franklin Center brings together members of the U.S. Congress and their international parliamentary counterparts as well as experts from the diplomatic corps, foreign officials, senior private sector representatives, scholars, and other public policy experts. Through conferences and events where leading international opinion leaders share ideas, the Franklin Center pmorotes enlightened, balanced, and unbiased international policy discussion on major international issues.

The Franklin Center for Global Policy Exchange is a non-partisan, non-profit 501(c)(3) organization committed to enhancing global understanding of important international issues through discussion among public and private leaders in the international community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$329,719$1,371,186▲ $1,041,467
Savings and Temporary Cash Investments$1,546,504$1,362,017▼ $184,487
Investments in Publicly Traded Securities$404,747$576,915▲ $172,168
Prepaid Expenses and Deferred Charges$4,348$31,692▲ $27,344
Land, Buildings, and Equipment, Net$2,212$1,681▼ $531
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,287,530$3,343,491▲ $1,055,961
Other Assets Total-$0-
Liabilities
Deferred Revenue$298,000$486,145▲ $188,145
Accounts Payable and Accrued Expenses$146,690$464,478▲ $317,788
Total Liabilities$444,690$950,623▲ $505,933
Net Assets / Fund Balance
Unrestricted Net Assets$1,842,840$2,392,868▲ $550,028
Total Net Assets Fund Balance$1,842,840$2,392,868▲ $550,028
Total Liabilities and Net Assets / Fund Balance$2,287,530$3,343,491▲ $1,055,961

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,681$973$2,654
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James K ConzelmanPresidentPT$128,572$66,252$194,824
Terri McIntoshDirectorPT$56,350$12,404$68,754

Board Members and Trustees

NameTitle
Dave CampChairperson
Bart GordonVice Chair
Beverly MarshallDirector
Connie MorellaDirector
Dan CasserlyDirector
Elizabeth CoffinDirector
Hollyn SchuemannDirector
Jay BonittDirector
John TimmonsDirector
Jonathan HeafitzDirector
Joyce RogersDirector
Laurie KnightDirector
Marcel DuboisDirector
Mike BertmanDirector
Nell ReillyDirector
Sam DePoyDirector
Shelley RubinoDirector
Stacey GlasscockDirector
Stephen HartellDirector
Mike DubkeSecretary
Scott SalmonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,014,450
Program Service Revenue
$379,208
Investment Income
$28,314
Other Revenue
$0
All Other Contributions
$1,014,450
Change in Net Assets
$585,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$533,101
Salaries, Compensation, and Employee Benefits$288,726
Total Fundraising Expense$123,021
Grants and Similar Amounts Paid$15,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$481,966--$481,966
Current Officers, Directors, Trustees, and Key Employees$107,327$51,093$105,158$263,578
Grants to Domestic Orgs$15,000--$15,000
Other Salaries and Wages$14,353--$14,353
Fees for Services Accounting-$13,153-$13,153
Occupancy$4,785$2,009$4,136$10,930
Payroll Taxes$3,917$1,645$3,385$8,947
Insurance$2,695$1,132$2,329$6,156
Information Technology$1,291$542$1,116$2,949
Fees for Services Other$1,034$434$893$2,361
Fees for Services Legal$1,567--$1,567
Travel$655$275$566$1,496
Pension Plan Contributions$628$264$543$1,435
Other Expenses$469$197$405$1,071
Depreciation Depletion$232$98$201$531
Other Employee Benefits$181$76$156$413
All Other Expenses$117$49$102$268
Total Functional Expenses$640,881$72,925$123,021$836,827
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Prevent Cancer FoundationAlexandria, VA-sponsorship$10,000

International Summary

Spending
$351,717

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeCapitol to Capitol ExchanAnnual conference00$351,717
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
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
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 Form 990 is reviewed and approved by the President and Vice President prior to signing by the President and filing.”

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

“The policy was approved by the board in late 2009. Each Board member and officer is required to disclose any conflicts annually. The organization monitors compliance through the annual disclosure process. In addition, the organization generally prohibits all transactions with members of the Board of directors and its officers.”

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

“The Franklin Center's governing documents, policies and financial statements will be made available upon appropriate request.”

Part VI Section B Line 15

“The Franklin Center reimburses The Ripon Society for payroll costs for the services provided by the The Ripon Society's employees on behalf of the Franklin Center.”

Part VII Section A

“Compensation shown in Part VII Section A is the portion of gross compensation reported on form W-2 for the year for services provided to the Franklin Center. Employees are paid by an unrelated organization which acts as common paymaster for both organizations; the Franklin Center reimburses the other organization for compensation and benefits allocable to time spent on Franklin Center activities.”

Filing and Contact Details

Filer

Filer Name
Franklin Center for Global
EIN
52-1159816
Phone
2022161008
Address
1155 15th Street NW Ste 550, Washington, DC 20005

Signing Officer

Name
James K Conzelman
Title
President
Signed
2019-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James K Conzelman
Formed
1978
Legal Domicile
Dc
Voting Board Members
23
Independent Board Members
21
Employees
0
Volunteers
21

Preparer

Firm
Bay Business Group
Address
105 E Annandale Road Suite 215, Falls Church, VA 22046
Preparer
David Bradsher
Phone
7035330888
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Rounding = -$1”

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IRS990/MissionDesc0Founded in 1978, the Franklin Center for Global Policy Exchange (Franklin Center) is a non-partisan, non-profit 501(c)(3) organization committed to enhancing global understanding of important international issues. The Franklin Center brings together members of the U.S. Congress and their international parliamentary counterparts as well as experts from the diplomatic corps, foreign officials, senior private sector representatives, scholars, and other public policy experts. Through conferences and events where leading international opinion leaders share ideas, the Franklin Center pmorotes enlightened, balanced, and unbiased international policy discussion on major international issues.
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Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,343,491
Liabilities
$950,623
Net assets
$2,392,868
Revenue
$1,421,972
Expenses
$836,827
Net income
$585,145
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.41$1.05$6.36$2.52$1.70$0.81
2023Detailed filing. Detailed filing data is available for this year.$6.62$1.13$5.49$2.10$1.41$0.70
2022Detailed filing. Detailed filing data is available for this year.$5.83$1.09$4.74$1.91$1.31$0.60
2021Detailed filing. Detailed filing data is available for this year.$5.39$1.17$4.22$1.28$0.71$0.57
2020Detailed filing. Detailed filing data is available for this year.$4.60$0.97$3.63$1.34$0.57$0.77
2019Detailed filing. Detailed filing data is available for this year.$3.57$0.74$2.83$1.57$1.20$0.37
2018Detailed filing. Detailed filing data is available for this year.$3.34$0.95$2.39$1.42$0.84$0.59
2017Detailed filing. Detailed filing data is available for this year.$2.29$0.44$1.84$1.08$0.65$0.44
2016Detailed filing. Detailed filing data is available for this year.$1.73$0.33$1.40$0.95$0.58$0.38
2015Detailed filing. Detailed filing data is available for this year.$1.31$0.29$1.02$0.76$0.34$0.42
2014Detailed filing. Detailed filing data is available for this year.$0.96$0.36$0.60$0.73$0.42$0.31
2013Detailed filing. Detailed filing data is available for this year.$0.79$0.50$0.29$0.58$0.38$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.20$0.09$0.33
2011Summary only. Only limited summary data is available for this year.$0.13$0.07$0.06$0.56$0.57$0.01
Peer Organizations

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