Civic Intelligence

Institute for Economic Studies-Europe

EIN 54-1517996 • 501(c)3 • Arlington, VA

Profile

Educational

Two Liberty Center 4075 Wilson BlvdArlington, VA 22203

www.ies-europe.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

85th percentile

39%

Higher net margin than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

99th percentile

1288%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

91st percentile

94%

Faster revenue growth than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$35,809

Up $33,230 (+1288%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

Up

$35,809

Up $33,230 (+1288%) from 2017

Operations
Liabilities / Revenue62nd percentileNet Margin85th percentile

Revenue

Up

$86,265

Up $41,910 (+94%) from 2017

Expenses

Up

$53,035

Up $6,768 (+15%) from 2017

Net Income

Up

$33,230

Up $35,142 (+1838%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

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

$80K$60K$40K$20K$0Assets 2011: $13,809Liabilities 2011: $0Net Assets 2011: $13,8092011Assets 2012: $17,519Liabilities 2012: $1,610Net Assets 2012: $15,9092012Assets 2013: $61,728Liabilities 2013: $0Net Assets 2013: $61,7282013Assets 2014: $22,602Liabilities 2014: $0Net Assets 2014: $22,6022014Assets 2015: $10,372Liabilities 2015: $0Net Assets 2015: $10,3722015Assets 2016: $4,884Liabilities 2016: $0Net Assets 2016: $4,8842016Assets 2017: $2,579Liabilities 2017: $0Net Assets 2017: $2,5792017Assets 2018: $35,809Liabilities 2018: $0Net Assets 2018: $35,8092018

Highlighted filing

2018

Assets$35,809
Liabilities$0
Net Assets$35,809
Open 2018 Filing

Operations Trend

Revenue Growth91st percentile

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

$100K$50K$0-$50KRevenue 2011: $77,041Expenses 2011: $68,902Net Income 2011: $8,1392011Expenses 2012: $51,9242012Revenue 2013: $93,619Expenses 2013: $47,800Net Income 2013: $45,8192013Revenue 2014: $44,597Expenses 2014: $83,723Net Income 2014: -$39,1262014Revenue 2015: $20,515Expenses 2015: $30,933Net Income 2015: -$10,4182015Revenue 2016: $79,544Expenses 2016: $84,306Net Income 2016: -$4,7622016Revenue 2017: $44,355Expenses 2017: $46,267Net Income 2017: -$1,9122017Revenue 2018: $86,265Expenses 2018: $53,035Net Income 2018: $33,2302018

Highlighted filing

2018

Revenue$86,265
Expenses$53,035
Net Income$33,230
Open 2018 Filing

Filings

Most recent year

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

Open filing
Assets
$35,809
Liabilities
$0
Net assets
$35,809
Revenue
$86,265
Expenses
$53,035
Net income
$33,230
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$35.8$0.00$35.8$86.3$53.0$33.2
2017Detailed filing. Detailed filing data is available for this year.$2.58$0.00$2.58$44.4$46.3$1.91
2016Detailed filing. Detailed filing data is available for this year.$4.88$0.00$4.88$79.5$84.3$4.76
2015Detailed filing. Detailed filing data is available for this year.$10.4$0.00$10.4$20.5$30.9$10.4
2014Detailed filing. Detailed filing data is available for this year.$22.6$0.00$22.6$44.6$83.7$39.1
2013Detailed filing. Detailed filing data is available for this year.$61.7$0.00$61.7$93.6$47.8$45.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$1.61$15.9$51.9
2011Summary only. Only limited summary data is available for this year.$13.8$0.00$13.8$77.0$68.9$8.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 4, 2021
Return Version
2018v3.0
Gross Receipts
$86,265
Mission and Program Overview

Mission

Educational

Educational. The Institute organizes and conducts several conferences and seminars throughout Europe. These events bring together students from all over the world and promote classical liberal principles and traditions.

Program Services

DescriptionGrantsExpenses
The Institute organized and conducted several conferences and seminars throughout Europe. These events brought together students from all over the world and promoted classical liberal principles and traditions.$12,000$37,263
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Pierre GarelloPresidentPT$0--
Christian NasuleaExecutive DirectorPT$0--
Diana NasuleaPrograms DirectorPT$0--
Kerry Halferty HardySecretaryPT$0--
Tom G PalmerTreasurer-$0--
Jean Yves NaudetDirector-$0--
Jean-Pierre CentiDirector-$0--
Filing and Contact Details

Filer

Filer Name
Institute for Economic Studies- Europe
EIN
54-1517996
Phone
2024498449
Address
Two Liberty Center 4075 Wilson Blvd, Arlington, VA 22203

Signing Officer

Name
Pierre Garello
Title
President
Phone
2024498449
Signed
2021-03-04
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Academic journal royalties $1169. Bank fee refunds $1096.”

Form 990-EZ, Part I, Line 16

“Bank Fees $2663. Foreign Exchange Conversion Costs $613. Realized Exchange Rate Loss $366.”

Raw XML Appendix191 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0The Institute for Economic Studies - Europe
IRS990EZ/BooksInCareOfDetail/ForeignAddress/AddressLine1Txt0CAE - BATIMENT LAENNEC
IRS990EZ/BooksInCareOfDetail/ForeignAddress/AddressLine2Txt0EUROPOLE DE L ARBOIS
IRS990EZ/BooksInCareOfDetail/ForeignAddress/CityNm0AIX EN PROVENCE
IRS990EZ/BooksInCareOfDetail/ForeignAddress/CountryCd0FR
IRS990EZ/BooksInCareOfDetail/ForeignAddress/ForeignPostalCd0F13545
IRS990EZ/BooksInCareOfDetail/ForeignAddress/ProvinceOrStateNm0PROVENCE ALPES CO
IRS990EZ/BooksInCareOfDetail/PhoneNum02024498449
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02579
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt035809
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt084000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt033230
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt037263
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountCntryCd0FR
IRS990EZ/ForeignFinancialAccountInd01
IRS990EZ/ForeignOfficeCountryCd0FR
IRS990EZ/ForeignOfficeInd01
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02579
IRS990EZ/Form990TotalAssetsGrp/EOYAmt035809
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt012000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt086265
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02579
IRS990EZ/NetAssetsOrFundBalancesEOYAmt035809
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02579
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt035809
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt17
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt27
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Pierre Garello
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Christian Nasulea
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Diana Nasulea
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Kerry Halferty Hardy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Tom G Palmer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Jean Yves Naudet
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Jean-Pierre Centi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Programs Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt03772
IRS990EZ/OtherRevenueTotalAmt02265
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Educational. The Institute organizes and conducts several conferences and seminars throughout Europe. These events bring together students from all over the world and promote classical liberal principles and traditions.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Institute organized and conducted several conferences and seminars throughout Europe. These events brought together students from all over the world and promoted classical liberal principles and traditions.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt012000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt037263
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt053035
IRS990EZ/TotalProgramServiceExpensesAmt037263
IRS990EZ/TotalRevenueAmt086265
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0ies-europe.org
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Part II Line 10 Description: MISC 2014: 0. 2015: 106. 2016: 508. 2017: 0. 2018: 0. Part II Line 10 Description: Exchange Rate Gain: 2014: 0. 2015: 591. 2016: 145. 2017: -393. 2018: -613.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt084000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt038900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt074744
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt019818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt025802
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0243264
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt022146
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0-613
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0-393
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0653
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0697
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0344
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99859
IRS990ScheduleA/PublicSupportPY170Pct00.9939
IRS990ScheduleA/PublicSupportTotal170Amt0243264
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt084000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt038900
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt074744
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt019818
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt025802
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0243264
IRS990ScheduleA/TotalSupportAmt0243608
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Academic journal royalties $1169. Bank fee refunds $1096.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bank Fees $2663. Foreign Exchange Conversion Costs $613. Realized Exchange Rate Loss $366.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0Our organization has been struggling financially since early 2019. We were previously relying on Hendershot Burkhardt Tax Services for our tax returns but we could no longer afford their services. While the Institute is in worse financial state now than it was in 2019 we are trying to save it and have decided to self-file the missing tax returns in hopes that we can continue our more than 30 year old mission, to spread the ideas of liberty to young people all around the world.
ReturnHeader/BuildTS02021-09-10 13:11:23Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Pierre Garello
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02024498449
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INSTITUTE FOR ECONOMIC STUDIES- EUROPE
ReturnHeader/Filer/BusinessNameControlTxt0INST
ReturnHeader/Filer/EIN0541517996
ReturnHeader/Filer/PhoneNum02024498449
ReturnHeader/Filer/USAddress/AddressLine1Txt0Two Liberty Center 4075 Wilson Blvd
ReturnHeader/Filer/USAddress/CityNm0Arlington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022203
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt090.84.237.47
ReturnHeader/ReturnTs02021-03-05T05:10:19-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.