Civic Intelligence

Ib Fund Us Inc.

990 • Fiscal year 2023 • EIN 68-0551183

Jul 01, 2022 to Jun 30, 2023 • Filed on May 14, 2024

3950 Wisconsin Ave NWWashington, DC 20016

(301) 202-3000

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

13th percentile

-35%

Higher net margin than 13% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

100th percentile

$540,044

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 9311.1% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

51st percentile

1.2%

Faster asset growth than 51% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

12th percentile

-46%

Faster revenue growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$223,956

Up $2,561 (+1.2%) from 2022

Net Assets

Up

$223,956

Up $2,829 (+1.3%) from 2022

Liabilities

Down

$0

Down $268 (-100%) from 2022

Revenue

Down

$5,800

Down $5,000 (-46%) from 2022

Expenses

Down

$7,856

Down $3,572 (-31%) from 2022

Net Income

Down

-$2,056

Down $1,428 (-227%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,529,432Liabilities 2010: $350,912Net Assets 2010: $1,178,5202010Assets 2011: $1,410,972Liabilities 2011: $325,129Net Assets 2011: $1,085,8432011Assets 2012: $1,097,102Liabilities 2012: $341,900Net Assets 2012: $755,2022012Assets 2013: $557,599Liabilities 2013: $27,430Net Assets 2013: $530,1692013Assets 2014: $1,154,803Liabilities 2014: $654,258Net Assets 2014: $500,5452014Assets 2015: $618,559Liabilities 2015: $196,140Net Assets 2015: $422,4182015Assets 2016: $623,519Liabilities 2016: $312,933Net Assets 2016: $310,5862016Assets 2017: $253,568Liabilities 2017: $61,349Net Assets 2017: $192,2192017Assets 2018: $309,567Liabilities 2018: $85,954Net Assets 2018: $223,6132018Assets 2019: $221,866Liabilities 2019: $2,000Net Assets 2019: $219,8662019Assets 2020: $225,950Liabilities 2020: $4,885Net Assets 2020: $221,0652020Assets 2021: $222,023Liabilities 2021: $268Net Assets 2021: $221,7552021Assets 2022: $221,395Liabilities 2022: $268Net Assets 2022: $221,1272022Assets 2023: $223,956Liabilities 2023: $0Net Assets 2023: $223,9562023Assets 2024: $236,956Net Assets 2024: $236,9562024

Highlighted filing

2023

Assets$223,956
Liabilities$0
Net Assets$223,956

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,575,2982010Expenses 2011: $1,334,5442011Expenses 2012: $1,010,6682012Revenue 2013: $324,504Expenses 2013: $537,537Net Income 2013: -$213,0332013Revenue 2014: $588,343Expenses 2014: $678,797Net Income 2014: -$90,4542014Revenue 2015: $510,798Expenses 2015: $588,925Net Income 2015: -$78,1272015Revenue 2016: $51,027Expenses 2016: $172,860Net Income 2016: -$121,8332016Revenue 2017: $132,920Expenses 2017: $246,402Net Income 2017: -$113,4822017Revenue 2018: $189,201Expenses 2018: $157,807Net Income 2018: $31,3942018Revenue 2019: $14,878Expenses 2019: $18,625Net Income 2019: -$3,7472019Revenue 2020: $11,556Expenses 2020: $10,357Net Income 2020: $1,1992020Revenue 2021: $18,187Expenses 2021: $17,497Net Income 2021: $6902021Revenue 2022: $10,800Expenses 2022: $11,428Net Income 2022: -$6282022Revenue 2023: $5,800Expenses 2023: $7,856Net Income 2023: -$2,0562023Revenue 2024: $18,000Expenses 2024: $5,000Net Income 2024: $13,0002024

Highlighted filing

2023

Revenue$5,800
Expenses$7,856
Net Income-$2,056
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 14, 2024
Return Version
2022v5.0
Gross Receipts
$5,800
Mission and Program Overview

Mission

The most significant activities of the ib fund us, inc. Are to secure funds and support educational activities of the international baccalaureate (ib) organization and promote efforts to provide greater access to ib education worldwide.

The most significant activities of the ib fund us, inc. Are to secure funds and support educational activities of the international baccalaureate (ib) organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$221,395$223,956▲ $2,561
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$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--
Investments Program Related$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$221,395$223,956▲ $2,561
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$268$0▼ $268
Accounts Payable and Accrued Expenses$0$0→ $0
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$268$0▼ $268
Net Assets / Fund Balance
Net Assets With Donor Restrictions$134,993$132,137▼ $2,856
Net Assets Without Donor Restrictions$86,134$91,819▲ $5,685
Total Net Assets Fund Balance$221,127$223,956▲ $2,829
Total Liabilities and Net Assets / Fund Balance$221,395$223,956▲ $2,561
Compensation and Service Providers

Board Members and Trustees

NameTitle
-Board Member
-Principal Officer/board Member (end 12/22)
Revenue and Support

Revenue Composition

Contributions and Grants
$5,800
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$800
Change in Net Assets
$-2,056
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,000
Grants and Similar Amounts Paid$2,856
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$5,000-$5,000
Foreign Grants$2,856--$2,856
Total Functional Expenses$2,856$5,000$0$7,856
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
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 8B Documentation of meetings held by committees of governing body

Documentation of meetings of committees the organization does not have a committee with authority to act on behalf of the governing body.

Form 990, Part VI, Line 11B Review of form 990 by governing body

Process used by management &/or governing body to review 990 the form 990 is prepared by the organization's independent tax accountant, ernst & young, llp. The 990 is then reviewed and signed off by the international baccalaureate organization's management.

Form 990, Part VI, Line 19 Required documents available to the public

Availability of governing documents, conflict of interest policy and financial statements to the general public ib fund us, inc. Makes its financial report available to the general public by mailing it to ib world schools and to all donors, and by including on the international baccalaureate's website. The conflict of interest policy is also available on the ib website. However, the governing documents are available to the public only upon request.

Form 990, Part VI, Line 12A & 12C

Process to monitor transactions for conflicts of interest the ibfus broadly follows the international baccalaureate organization's (ibo's) conflict of interest policy as laid out here: each official identified by law as a policy maker or advisor to ibfus must disclose any and all facts that may be construed as a conflict of interest. The board will determine whether or not a conflict of interest exists, and whether or not such conflict materially and adversely affects the interests of ibfus. A director whose potential conflict is under review may not debate, vote, or otherwise participate in such determination. If the board determines that an actual or potential conflict of interest does exist, the board should also determine an appropriate remedy. Such remedy may include, for example, the recusal of the conflicted covered official from participating in certain matters pending before the board. In addition, the board may delegate its authority to review and remedy potential conflicts of interest to the ib senior leadership team ('slt'). Only disinterested members of the slt may participate in any such review. The slt shall inform the board of its determination and recommended action.

Filing and Contact Details

Filer

Filer Name
Ib Fund US Inc
EIN
68-0551183
Phone
3012023000
Address
3950 WISCONSIN AVE NW, WASHINGTON, DC 20016

Signing Officer

Name
Marco Dondi
Title
CFO
Phone
3012023000
Signed
2024-05-14
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
Ny
Voting Board Members
2
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Ernst & Young US Llp
Address
ONE MANHATTAN WEST, NEW YORK, NY 10001-8604
Preparer
Yucen Zhong
Phone
2127733000
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ALL OF THE DIRECTORS OF THE ORGANIZATION ARE PART OF THE SENIOR LEADERSHIP TEAM OF THE SUPPORTED ORGANIZATION, IBO. THE DIRECTORS OF IB FUND US INC INCLUDE THE CHIEF BUSINESS OFFICER, CHIEF SCHOOLS OFFICER, THE CHIEF FINANCE & BUSINESS OFFICER AND THE DEPUTY DIRECTOR GENERAL OF THE IBO. ALL OFFICERS/DIRECTORS OF IB FUND ARE EMPLOYEES OF THE IBO. ONLY MEMBERS OF IBO'S SENIOR LEADERSHIP TEAM ("SLT") AND THE FINANCE DIRECTOR DIRECTLY REPORTING TO THE SLT HAVE BEEN/ARE OFFICERS/DIRECTORS OF THE FUND. THEIR ROLE IN IB FUND IS SIMILAR TO THEIR ROLE IN THE IBO. IN THIS WAY IT IS ENSURED THAT IB FUND ACTS IN THE BEST INTEREST OF THE IBO.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part IV, Section C, Line 1 Majority director detail
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0false
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0300388800
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IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd09
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02856
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0INTERNATIONAL BACCALAUREATE ORGANIZATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt02856
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
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IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0111466
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt134437
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt231233
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt0THAIMUR CHANGEZI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt1MATT COSTELLO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt2NICOLE BIEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0289472
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1332970
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2267581
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt015205
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt124400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt221797
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt03892
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0120009
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt15014
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt24876
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRINCIPAL OFFICER/BOARD MEMBER (END 12/22)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0540044
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1396821
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2325487
IRS990ScheduleJ/SeverancePaymentInd0true
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THAIMUR CHANGEZI RECEIVED $114,092 IN SEVERANCE PAYMENTS DURING THE YEAR.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1THE GOVERNANCE AND ORGANIZATION COMMITTEE OF THE RELATED ORGANIZAITON, INTERNATIONAL BACCALAUREATE ORGANIZATION, USES BENCHMARKING DATA, REVIEWS INFORMATION FROM INDEPENDENT CONSULTANTS AND CONSULTS WITH AN EXTERNAL EXPERT WHO SITS ON THE GOVERNANCE AND ORGANIZATION COMMITTEE. THEN, THE DIRECTOR GENERAL, WITH DELEGATED AUTHORITY BY AND IN COLLABORATION WITH THE GOVERNANCE AND ORGANIZATION COMMITTEE, DECIDES THE SALARIES OF THE TOP MANAGEMENT OFFICIAL. THESE DECISIONS ARE ALSO DOCUMENTED.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J, Part I, Line 4a Severance or change-of-control payment
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule J, Part I, Line 3 PROCESS ESTABLISHED TO DETERMINE PRINCIPAL OFFICER'S COMPENSATION
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DOCUMENTATION OF MEETINGS OF COMMITTEES THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROCESS USED BY MANAGEMENT &/OR GOVERNING BODY TO REVIEW 990 THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT TAX ACCOUNTANT, ERNST & YOUNG, LLP. THE 990 IS THEN REVIEWED AND SIGNED OFF BY THE INTERNATIONAL BACCALAUREATE ORGANIZATION'S MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABILITY OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE GENERAL PUBLIC IB FUND US, INC. MAKES ITS FINANCIAL REPORT AVAILABLE TO THE GENERAL PUBLIC BY MAILING IT TO IB WORLD SCHOOLS AND TO ALL DONORS, AND BY INCLUDING ON THE INTERNATIONAL BACCALAUREATE'S WEBSITE. THE CONFLICT OF INTEREST POLICY IS ALSO AVAILABLE ON THE IB WEBSITE. HOWEVER, THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC ONLY UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST THE IBFUS BROADLY FOLLOWS THE INTERNATIONAL BACCALAUREATE ORGANIZATION'S (IBO'S) CONFLICT OF INTEREST POLICY AS LAID OUT HERE: EACH OFFICIAL IDENTIFIED BY LAW AS A POLICY MAKER OR ADVISOR TO IBFUS MUST DISCLOSE ANY AND ALL FACTS THAT MAY BE CONSTRUED AS A CONFLICT OF INTEREST. THE BOARD WILL DETERMINE WHETHER OR NOT A CONFLICT OF INTEREST EXISTS, AND WHETHER OR NOT SUCH CONFLICT MATERIALLY AND ADVERSELY AFFECTS THE INTERESTS OF IBFUS. A DIRECTOR WHOSE POTENTIAL CONFLICT IS UNDER REVIEW MAY NOT DEBATE, VOTE, OR OTHERWISE PARTICIPATE IN SUCH DETERMINATION. IF THE BOARD DETERMINES THAT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST DOES EXIST, THE BOARD SHOULD ALSO DETERMINE AN APPROPRIATE REMEDY. SUCH REMEDY MAY INCLUDE, FOR EXAMPLE, THE RECUSAL OF THE CONFLICTED COVERED OFFICIAL FROM PARTICIPATING IN CERTAIN MATTERS PENDING BEFORE THE BOARD. IN ADDITION, THE BOARD MAY DELEGATE ITS AUTHORITY TO REVIEW AND REMEDY POTENTIAL CONFLICTS OF INTEREST TO THE IB SENIOR LEADERSHIP TEAM ('SLT'). ONLY DISINTERESTED MEMBERS OF THE SLT MAY PARTICIPATE IN ANY SUCH REVIEW. THE SLT SHALL INFORM THE BOARD OF ITS DETERMINATION AND RECOMMENDED ACTION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19 Required documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, LINE 12A & 12C
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd3false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1IBO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2IBO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3IBO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0INTERNATIONAL BACCALAUREATE ORGANIZATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1INTERNATIONAL BACCALAUREATE ORG (UK) LTD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2INTERNATIONAL BACCALAUREATE FUND UK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3INTERNATIONAL BACCALAUREATE FUND CANADA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0300388800
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/AddressLine1Txt0ROUTE DES MORILLONS 15
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/AddressLine1Txt1PETERSON HOUSE MALTHOUSE AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/AddressLine1Txt2PETERSON HOUSE MALTHOUSE AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/AddressLine1Txt37501 WISCONSIN AVENUE 200 WES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CityNm0GRANDSACONNEX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CityNm1CARDIFF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CityNm2CARDIFF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CityNm3BETHESDA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CountryCd0SZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CountryCd1UK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CountryCd2UK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CountryCd3CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/ForeignPostalCd0CF238GL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/ForeignPostalCd1CF238GL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/ForeignPostalCd220814
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/ProvinceOrStateNm0GENEVA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/ProvinceOrStateNm1WALES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/ProvinceOrStateNm2WALES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/ProvinceOrStateNm3MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileForeignCountryCd0SZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileForeignCountryCd1UK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileForeignCountryCd2UK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileForeignCountryCd3CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SUPPORT IBO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2SUPPORT IBO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3SUPPORT IBO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.24$0.24$0.02$0.01$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.01$0.01$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.01$0.01$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.02$0.02$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.22$0.01$0.01$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.01$0.02$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.31$0.09$0.22$0.19$0.16$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.25$0.06$0.19$0.13$0.25$0.11
2016Summary only. Only limited summary data is available for this year.$0.62$0.31$0.31$0.05$0.17$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.62$0.20$0.42$0.51$0.59$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.15$0.65$0.50$0.59$0.68$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.56$0.03$0.53$0.32$0.54$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.34$0.76$1.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.33$1.09$1.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.35$1.18$1.58