Civic Intelligence

Global Network Foundation Inc. Society of Intl Business Fellows

990 • Fiscal year 2017 • EIN 58-2069383

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

715 PEACHTREE ST NE Suite 200Atlanta, GA 30308

(470) 378-1156

Siviq Scores

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

Liabilities / Assets

66th percentile

0.13x

Higher debt load relative to assets than 66% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

79th percentile

0.28x

Higher debt load relative to revenue than 79% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

89th percentile

41%

Higher net margin than 89% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

94th percentile

$157,384

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 33.5% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

78th percentile

20%

Faster asset growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

12th percentile

-24%

Faster revenue growth than 12% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$996,850

Up $168,820 (+20%) from 2016

Net Assets

Up

$866,149

Up $191,189 (+28%) from 2016

Liabilities

Down

$130,701

Down $22,369 (-15%) from 2016

Revenue

Down

$469,199

Down $150,557 (-24%) from 2016

Expenses

Down

$278,010

Down $176,530 (-39%) from 2016

Net Income

Up

$191,189

Up $25,973 (+16%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $373,139Liabilities 2010: $279,3652010Assets 2011: $393,507Liabilities 2011: $252,028Net Assets 2011: $141,4792011Assets 2012: $383,958Liabilities 2012: $227,450Net Assets 2012: $156,5082012Assets 2013: $544,856Liabilities 2013: $307,272Net Assets 2013: $237,5842013Assets 2014: $630,806Liabilities 2014: $215,100Net Assets 2014: $415,7062014Assets 2015: $677,744Liabilities 2015: $165,500Net Assets 2015: $512,2442015Assets 2016: $828,030Liabilities 2016: $153,070Net Assets 2016: $674,9602016Assets 2017: $996,850Liabilities 2017: $130,701Net Assets 2017: $866,1492017Assets 2018: $1,156,483Liabilities 2018: $186,207Net Assets 2018: $970,2762018Assets 2019: $1,570,966Liabilities 2019: $151,752Net Assets 2019: $1,419,2142019Assets 2020: $2,545,109Liabilities 2020: $423,496Net Assets 2020: $2,121,6132020Assets 2021: $3,260,149Liabilities 2021: $234,121Net Assets 2021: $3,026,0282021Assets 2022: $3,694,925Liabilities 2022: $0Net Assets 2022: $3,694,9252022Assets 2023: $3,521,177Liabilities 2023: $64,534Net Assets 2023: $3,456,6432023Assets 2024: $5,188,735Liabilities 2024: $438,060Net Assets 2024: $4,750,6752024

Highlighted filing

2017

Assets$996,850
Liabilities$130,701
Net Assets$866,149

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $144,372Expenses 2010: $339,411Net Income 2010: -$195,0392010Expenses 2011: $843,2162011Expenses 2012: $1,069,5332012Revenue 2013: $449,958Expenses 2013: $368,882Net Income 2013: $81,0762013Revenue 2014: $686,514Expenses 2014: $508,392Net Income 2014: $178,1222014Revenue 2015: $519,856Expenses 2015: $573,318Net Income 2015: -$53,4622015Revenue 2016: $619,756Expenses 2016: $454,540Net Income 2016: $165,2162016Revenue 2017: $469,199Expenses 2017: $278,010Net Income 2017: $191,1892017Revenue 2018: $537,312Expenses 2018: $433,185Net Income 2018: $104,1272018Revenue 2019: $952,203Expenses 2019: $503,265Net Income 2019: $448,9382019Revenue 2020: $1,346,597Expenses 2020: $644,198Net Income 2020: $702,3992020Revenue 2021: $2,107,521Expenses 2021: $1,141,079Net Income 2021: $966,4422021Revenue 2022: $2,409,483Expenses 2022: $1,603,941Net Income 2022: $805,5422022Revenue 2023: $801,150Expenses 2023: $1,113,427Net Income 2023: -$312,2772023Revenue 2024: $2,140,867Expenses 2024: $900,481Net Income 2024: $1,240,3862024

Highlighted filing

2017

Revenue$469,199
Expenses$278,010
Net Income$191,189
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$469,199
Mission and Program Overview

Mission

To conduct and sponsor educational and instructional activities to facilitate global philanthropy and further global understanding and cooperation.

To expand leadership development efforts worldwide, and give back to the communities its leaders serve, by continuing to underwrite programs that educate, empower and enlighten.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$701,530$894,499▲ $192,969
Other Notes and Loans Receivable, Net$125,000$100,000▼ $25,000
Accounts Receivable$1,500$2,351▲ $851
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$828,030$996,850▲ $168,820
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$125,000$100,000▼ $25,000
Accounts Payable and Accrued Expenses$28,070$30,701▲ $2,631
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$153,070$130,701▼ $22,369
Net Assets / Fund Balance
Temporarily Rstr Net Assets$702,014$865,217▲ $163,203
Unrestricted Net Assets$-27,054$932▲ $27,986
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$674,960$866,149▲ $191,189
Total Liabilities and Net Assets / Fund Balance$828,030$996,850▲ $168,820

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$702,014$422,454-$259,251$865,217
2016$555,286$580,546-$433,818$702,014
2015$593,363$504,012-$542,089$555,286
2014$531,375$550,764-$488,776$593,363
2013$195,708$633,393-$297,726$531,375
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jane ShiversChair
James NevilleImmediate Past Chair
Chase ColeDirector
Gloria DittusDirector
Jim CrupiDirector
Johnny RobertsDirector
Palmer GarsonDirector
Nancy HaseldenExecutive Director
Ham PoynorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$462,153
Program Service Revenue
$0
Investment Income
$1,164
Other Revenue
$5,882
All Other Contributions
$462,153
Change in Net Assets
$191,189

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$74,388Fair Market Value (FMV)
Total Noncash Contributions1$74,388-

Audited Revenue Reconciliation

Revenue per Audited Statements
$469,199
Total Revenue per Audited Statements
$469,199
Total Revenue per Form 990
$469,199
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$222,616
Grants and Similar Amounts Paid$55,394
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$125,120--$125,120
Foreign Grants$55,394--$55,394
Fees for Services Accounting-$11,500-$11,500
Fees for Services Management-$5,018-$5,018
Fees for Services Legal-$1,854-$1,854
Information Technology-$253-$253
Other Expenses$78,737$134-$134
Total Functional Expenses$259,251$18,759$0$278,010

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$278,010
Total Expenses per Audited Statements$278,010
Total Expenses per Form 990$278,010
International Activity

International Summary

Offices
0
Employees
0
Spending
$55,394

International Compliance

Foreign grant records maintained
Yes
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
Middle East and North AfricaProgram ServicesHealth Initiative00$55,394
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$100,000
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 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 A, LINE 6:

Global network foundation, inc. Is a single-member foundation with the society of international business fellows, ltd. Being the member.

FORM 990, PART VI, SECTION B, LINE 11:

A copy of the return was provided to the full board before the time of filing with the irs.

FORM 990, PART VI, SECTION B, LINE 12A:

During 2017, the policy was adopted and signed. The organization provides conflict of interest orientation each year for the board. All board members are required to sign the policy each year. If a conflict arises, the member with the conflict is required to disclose such conflict to the board. The board members without a conflict are involved in the decision to determine the best course of action the organization will follow.

FORM 990, PART VI, SECTION B, LINE 15:

The Foundation does not have any employees and does not pay any compensation. Compensation to the Executive Director is paid by an affiliated entity.

FORM 990, PART VI, SECTION C, LINE 19:

Requests for governing documents and financial information should be directed to the organization's office.

Filing and Contact Details

Filer

Filer Name
Global Network Foundation Inc
EIN
58-2069383
In Care Of
% NANCY HASELDEN
Phone
4703781156
Address
715 PEACHTREE ST NE Suite 200, ATLANTA, GA 30308

Signing Officer

Name
Nancy Haselden
Title
Executive Director
Phone
4703781156
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Haselden
Formed
1992
Legal Domicile
Ga
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
9

Preparer

Firm
Smith & Howard Pc
Address
271 17TH STREET SUITE 1600, ATLANTA, GA 30363
Preparer
Marc Azar
Phone
4048746244
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

SCHEDULE D, PART V, LINE 4:

FUNDS ARE TO BE USED IN SUPPORTING THE SOCIETY OF INTERNATIONAL BUSINESS FELLOWS, INC. FOR EDUCATIONAL PROGRAMS INCLUDING MIDDLE EAST LEADERSHIP ACADEMY (MELA), CENTRAL EURASIA LEADERSHIP ALLIANCE (CELA), CENTRAL ASIA EDUCATIONAL FOUNDATION (CAEF), SIBF Leadership Academy, SOUTHEAST ASIA LEADERSHIP ACADEMY (SEALA), AND THE DISTINGUISHED SPEAKER SERIES.

SCHEDULE D, PART X, LINE 2:

The Foundation is exempt from federal income taxes under the provisions of 501(c)(3) of the Internal Revenue Code. The Internal Revenue Service has determined that the Foundation is not a private foundation as defined by 509(a)(1) of the Code. The Foundation annually evaluates all federal and state income tax positions. This process includes an analysis of whether the income tax positions the Foundation takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. In the normal course of business, the Foundation is subject to examination by the federal and state taxing authorities. In general, the Foundation is no longer subject to tax examinations for tax years ending before December 31, 2014.

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IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01164
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IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO EXPAND LEADERSHIP DEVELOPMENT EFFORTS WORLDWIDE, AND GIVE BACK TO THE COMMUNITIES ITS LEADERS SERVE, BY CONTINUING TO UNDERWRITE PROGRAMS THAT EDUCATE, EMPOWER, AND ENLIGHTEN LEADERS IN REGIONS AROUND THE WORLD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0true
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
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IRS990/NetAssetsOrFundBalancesEOYAmt0866149
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0DISTINGUISHED SPEAKER SERIES
IRS990/OtherExpensesGrp/Desc1BANK CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0134
IRS990/OtherExpensesGrp/ProgramServicesAmt078737
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IRS990/OtherExpensesGrp/TotalAmt1134
IRS990/OtherLiabilitiesGrp/BOYAmt0125000
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IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0125000
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IRS990/PrincipalOfficerNm0NANCY HASELDEN
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IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE FUNDING FOR HIGH QUALITY SPEAKERS AT MEMBER EDUCATIONAL PROGRAMS DESIGNED TO PROMOTE INTERNATIONAL BUSINESS AND PHILANTHROPY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt078737
IRS990/ProgSrvcAccomActy3Grp/Desc0CENTRAL EURASIA EDUCATION FUND (CAEF): SUPPORTS PROJECTS IN CENTRAL EURASIA, INCLUDING COUNTRIES SUCH AS AFGHANISTAN AND TURKMENISTAN.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt055394
IRS990/ProgSrvcAccomActy3Grp/GrantAmt055394
IRS990/ProgSrvcAccomActyOtherGrp/Desc0KYRGYZ FEDERATION FOR THE BLIND
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IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYOtherRevenueAmt0384
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0165216
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0454540
IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0191189
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0701530
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0894499
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0462153
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0618723
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0518887
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0685650
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0448959
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02734372
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01164
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0649
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0969
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0864
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0999
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04645
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt06266
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.61052
IRS990ScheduleA/PublicSupportPY170Pct00.62490
IRS990ScheduleA/PublicSupportTotal170Amt01672219
IRS990ScheduleA/SubstantialContributorsTotAmt01062153
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0618723
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0518887
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0685650
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0448959
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02734372
IRS990ScheduleA/TotalSupportAmt02739017
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0422454
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0865217
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0259251
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0555286
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0580546
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0702014
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0433818
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0593363
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0504012
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0555286
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0542089
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0531375
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0550764
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0593363
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0488776
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0195708
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0633393
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0531375
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0297726
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0278010
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0100000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/RevenueSubtotalAmt0469199
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDS ARE TO BE USED IN SUPPORTING THE SOCIETY OF INTERNATIONAL BUSINESS FELLOWS, INC. FOR EDUCATIONAL PROGRAMS INCLUDING MIDDLE EAST LEADERSHIP ACADEMY (MELA), CENTRAL EURASIA LEADERSHIP ALLIANCE (CELA), CENTRAL ASIA EDUCATIONAL FOUNDATION (CAEF), SIBF Leadership Academy, SOUTHEAST ASIA LEADERSHIP ACADEMY (SEALA), AND THE DISTINGUISHED SPEAKER SERIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Foundation is exempt from federal income taxes under the provisions of 501(c)(3) of the Internal Revenue Code. The Internal Revenue Service has determined that the Foundation is not a private foundation as defined by 509(a)(1) of the Code. The Foundation annually evaluates all federal and state income tax positions. This process includes an analysis of whether the income tax positions the Foundation takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. In the normal course of business, the Foundation is subject to examination by the federal and state taxing authorities. In general, the Foundation is no longer subject to tax examinations for tax years ending before December 31, 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt0278010
IRS990ScheduleD/TotalLiabilityAmt0100000
IRS990ScheduleD/TotalRevenuePerForm990Amt0469199
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0469199
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0278010
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt055394
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Middle East and North Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Health Initiative
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.19$0.44$4.75$2.14$0.90$1.24
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.52$0.06$3.46$0.80$1.11$0.31
2022Detailed filing. Detailed filing data is available for this year.$3.69$0.00$3.69$2.41$1.60$0.81
2021Detailed filing. Detailed filing data is available for this year.$3.26$0.23$3.03$2.11$1.14$0.97
2020Detailed filing. Detailed filing data is available for this year.$2.55$0.42$2.12$1.35$0.64$0.70
2019Detailed filing. Detailed filing data is available for this year.$1.57$0.15$1.42$0.95$0.50$0.45
2018Detailed filing. Detailed filing data is available for this year.$1.16$0.19$0.97$0.54$0.43$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.00$0.13$0.87$0.47$0.28$0.19
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.15$0.67$0.62$0.45$0.17
2015Detailed filing. Detailed filing data is available for this year.$0.68$0.17$0.51$0.52$0.57$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.63$0.22$0.42$0.69$0.51$0.18
2013Detailed filing. Detailed filing data is available for this year.$0.54$0.31$0.24$0.45$0.37$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.23$0.16$1.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.25$0.14$0.84
2010Summary only. Only limited summary data is available for this year.$0.37$0.28$0.14$0.34$0.20
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $500k-$1M nonprofits