Civic Intelligence

Institute for Global Affairs Inc.

990 • Fiscal year 2019 • EIN 81-1614189

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 01, 2020

500 Marquette NW Suite 1200Albuquerque, NM 87102

(202) 765-3177

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.01x

Higher debt load relative to assets than 43% of similar nonprofits.

2019 filings • NTEE Q • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

53rd percentile

0.01x

Higher debt load relative to revenue than 53% of similar nonprofits.

2019 filings • NTEE Q • $500k-$1M nonprofits • Source year 2019

Net Margin

8th percentile

-49%

Higher net margin than 8% of similar nonprofits.

2019 filings • NTEE Q • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

95th percentile

$176,610

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 35.6% of source-year revenue.

2019 filings • NTEE Q • $500k-$1M nonprofits • Source year 2019

Asset Growth

20th percentile

-24%

Faster asset growth than 20% of similar nonprofits.

2019 filings • NTEE Q • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

81st percentile

38%

Faster revenue growth than 81% of similar nonprofits.

2019 filings • NTEE Q • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$824,403

Down $259,356 (-24%) from 2018

Net Assets

Down

$819,282

Down $242,426 (-23%) from 2018

Liabilities

Down

$5,121

Down $16,930 (-77%) from 2018

Revenue

Up

$495,553

Up $136,027 (+38%) from 2018

Expenses

Down

$737,979

Down $34,371 (-4.5%) from 2018

Net Income

Up

-$242,426

Up $170,398 (+41%) from 2018

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 2016: $201,598Liabilities 2016: $37,703Net Assets 2016: $163,8952016Assets 2017: $1,522,939Liabilities 2017: $48,407Net Assets 2017: $1,474,5322017Assets 2018: $1,083,759Liabilities 2018: $22,051Net Assets 2018: $1,061,7082018Assets 2019: $824,403Liabilities 2019: $5,121Net Assets 2019: $819,2822019Assets 2020: $603,745Liabilities 2020: $30,637Net Assets 2020: $573,1082020Assets 2021: $704,541Liabilities 2021: $40,023Net Assets 2021: $664,5182021Assets 2022: $776,709Liabilities 2022: $46,009Net Assets 2022: $730,7002022Assets 2023: $712,185Liabilities 2023: $85,184Net Assets 2023: $627,0012023Assets 2024: $679,725Liabilities 2024: $68,687Net Assets 2024: $611,0382024

Highlighted filing

2019

Assets$824,403
Liabilities$5,121
Net Assets$819,282

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2016: $350,000Expenses 2016: $186,105Net Income 2016: $163,8952016Revenue 2017: $1,647,557Expenses 2017: $336,920Net Income 2017: $1,310,6372017Revenue 2018: $359,526Expenses 2018: $772,350Net Income 2018: -$412,8242018Revenue 2019: $495,553Expenses 2019: $737,979Net Income 2019: -$242,4262019Revenue 2020: $575,230Expenses 2020: $821,404Net Income 2020: -$246,1742020Revenue 2021: $1,068,150Expenses 2021: $976,740Net Income 2021: $91,4102021Revenue 2022: $1,315,505Expenses 2022: $1,249,323Net Income 2022: $66,1822022Revenue 2023: $1,275,394Expenses 2023: $1,379,093Net Income 2023: -$103,6992023Revenue 2024: $1,161,293Expenses 2024: $1,177,256Net Income 2024: -$15,9632024

Highlighted filing

2019

Revenue$495,553
Expenses$737,979
Net Income-$242,426
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 1, 2020
Return Version
2019v5.1
Gross Receipts
$495,553
Mission and Program Overview

Mission

Eurasia Group Foundation (EGF) is a nonpartisan, nonprofit organization that works to connect people to the geopolitical issues shaping their world. Fostering a greater understanding of the issues broadens the debate and empowers informed engagement. EGF makes complex geopolitical issues accessible and understandable.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$861,279$394,971▼ $466,308
Cash and Non-Interest-Bearing Accounts$221,806$222,278▲ $472
Savings and Temporary Cash Investments-$200,621-
Prepaid Expenses and Deferred Charges-$4,164-
Total Assets$1,083,759$824,403▼ $259,356
Other Assets Total$674$2,369▲ $1,695
Liabilities
Accounts Payable and Accrued Expenses$22,051$5,121▼ $16,930
Total Liabilities$22,051$5,121▼ $16,930
Net Assets / Fund Balance
Net Assets With Donor Restrictions$785,081$420,296▼ $364,785
Net Assets Without Donor Restrictions$276,627$398,986▲ $122,359
Total Net Assets Fund Balance$1,061,708$819,282▼ $242,426
Total Liabilities and Net Assets / Fund Balance$1,083,759$824,403▼ $259,356
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark HannahResearch FellowFT$173,400$3,210$176,610
Allyn SummaExecutive DirectorFT$149,328$12,590$161,918

Board Members and Trustees

NameTitle
Ian BremmerPresident/Secretary
Betty LiuDirector
Gregory BoyleDirector
Joe SchoendorfDirector
Mary PangDirector
Maziar MinoviDirector
Mohamed El-ErianDirector
Niko PfundDirector
Sallie KrawcheckDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$485,670
Program Service Revenue
$0
Investment Income
$621
Other Revenue
$9,262
All Other Contributions
$485,670
Change in Net Assets
$-242,426
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$396,882
Other Expenses$341,097
Total Fundraising Expense$43,287
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$194,014$307$168$194,489
Current Officers, Directors, Trustees, and Key Employees$41,530$80,259$40,129$161,918
Advertising$53,013$16,819-$69,832
Fees for Services Other$31,151$372-$31,523
Information Technology$24,415$3,426-$27,841
Other Expenses$21,238$6,243-$27,481
Payroll Taxes$17,663$5,724$2,863$26,250
Office Expenses$17,200$5,097-$22,297
Occupancy$14,218$5,596-$19,814
Fees for Services Accounting-$16,471-$16,471
Conferences and Meetings$14,068$109-$14,177
Travel$9,502$4,131-$13,633
Other Employee Benefits$8,921$252$127$9,300
Insurance$275$6,933-$7,208
Pension Plan Contributions$4,925--$4,925
Total Functional Expenses$542,953$151,739$43,287$737,979
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
Yes
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 Executive Director provides information necessary to prepare the return to the organization's tax preparer. Once the return is prepared, the Executive Director reviews a draft tax return along with other internal stakeholders of the organization. Any necessary changes from this review are then processed by the organization's tax preparer, the return is signed by the Executive Director, and filed with the IRS.

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

Eurasia Group Foundation has adopted a conflict of interest policy, the policy was adopted by the Board of Directors on February 8, 2016 and duly signed by secretary's certificate on March 5, 2016.

Form 990, Part VI, Section B, line 15A

The board maintained oversight of and approves the compensation of the Exectuive Director, which is evaluated by performing a compensation study and reviewing other organziations' 990s. Upon approval of the Exective Director's compensation, an employment contract is executed with that individual.

Form 990, Part VI, Section C, line 19

These documents are available upon request by contacting the organization by mail, telephone or email.

Filing and Contact Details

Filer

Filer Name
Eurasia Group Foundation
EIN
81-1614189
Phone
2027653177
Address
500 Marquette NW Suite 1200, Albuquerque, NM 87102

Signing Officer

Name
Ian Bremmer
Title
President
Phone
2027653177
Signed
2020-09-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ian Bremmer
Formed
2016
Legal Domicile
De
Voting Board Members
9
Independent Board Members
8
Employees
3
Volunteers
8

Preparer

Firm
S R Snodgrass Pc
Address
2009 MACKENZIE WAY SUITE 340, CRANBERRY TOWNSHIP, PA 16066
Preparer
Danelle R Stewart CPA
Phone
7249340344
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1, Description of Organization Mission:

We live in a world of intense political polarization, even as we experience unprecedented global connectedness. Our geopolitical environment is uncertain and concerning. Now is the time to cultivate new thought leaders and arm them with a nuanced understanding of geopolitics, so that they can help shape the future. EGF is a nonpartisan, nonprofit organization that works to connect people to the geopolitical issues shaping their world. Fostering a greater understanding of the issues broadens the debate and empowers informed engagement. EGF makes complex geopolitical issues accessible and understandable. We envision a world where international economic security is achieved through informed, inspired, and engaged stakeholders, particularly those across the globe that are currently disconnected from geopolitical issues, youth, and policy makers and thought leaders. EGF fuses think-tank expertise, social media savvy, and the inspiration of a civic activist. EGF's work is focused on: -Providing the intellectual capacity to understand complex political realities across the globe and oer a path for taking action; -Facilitating, coordinating, and amplifying the expertise of diverse partners and experts to bridge the information gap about geopolitical issues; -Developing innovative materials, to illustrate foreign policy issues and implications; -Creating, organizing, and sustaining opportunities for underserved youth to learn around foreign relations and political science; and -Convening and hosting thought-leader gathers and translating the current state of thinking into online content that resonates with the public.

Form 990, Part III, Line 4A, Program Service Accomplishments:

EGF's mission is to connect people accross the world to the goepolitical issues that affect their lives. To that end, in 2019 EGF worked on four main projects: 1. Independent America: This three-year research project seeks to explore how US foreign policy could be better vto new global realities and to the preferences of American voters. The American public's support for a more restrained and less interventionist foreign policy is politically diverse, extending well beyond the usual anti-globalism suspects. And yet, US elected officials continue to fund small wars, arms sales, and troop deployments which are often counterproductive to the country's long-term interests, security, and prosperity. 2. Globalization and You: An educational curriculum for rural US high schools. This multi-year effort resulted in the creation of a week's worth of free content for US high school teachers, including everything needed to present the issues including video to bring the content to life was scheduled for testing in May 2019. The curriculum is focused on providing accessible, current content about the implications of globalization. It is aimed at empowering students with the skills and tools necessary to understand and manage the impacts of these forces, potentially for generations. 3. Technology, the State, & You: The digital revolution has already changed how people live, work, and communicate. And it's only getting started. But the same technologies that have the potential to help billions of people live happier, healthier, and more productive lives are also creating challenges for citizens and governments around the world. Form election meddling to data breaches and cyberattacks, recent events have shown that technology is changing how we think about privacy, national security, and maybe even democracy iteself. This effort explores five key challenges that will shape the future of the digital age and presents the results in a multimedia microsite. 4. Inevitable Adversaries: The US-Russia Relationship. Through a series of 15 video interviews shared on social media, EGF speaks with the world's top US-Russia experts including Russian and western voices to illustrate this complex relationship and explain what is at stake to the world. The project includes historical overviews, the obstacles and opportunities involved with the relationship, the issue of nuclear weapons, and the ripple effects that extend beyond the two countries.

Financial Statement Notes

Part X, Line 2:

Eurasia Group Foundation (EGF) is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. As such, EGF is exempt from state and federal income taxes on income related to its tax exempt purpose. Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by taxing authorities. Management has analyzed the tax positions taken and has concluded that as of December 31, 2019 and 2018, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. EGF is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods pending or in progress. While no income tax returns are currently being examined by the Internal Revenue Service (IRS), tax years since 2016 remain open.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Eurasia Group Foundation (EGF) is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. As such, EGF is exempt from state and federal income taxes on income related to its tax exempt purpose. Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by taxing authorities. Management has analyzed the tax positions taken and has concluded that as of December 31, 2019 and 2018, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. EGF is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods pending or in progress. While no income tax returns are currently being examined by the Internal Revenue Service (IRS), tax years since 2016 remain open.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Allyn Summa
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Mark Hannah
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0We live in a world of intense political polarization, even as we experience unprecedented global connectedness. Our geopolitical environment is uncertain and concerning. Now is the time to cultivate new thought leaders and arm them with a nuanced understanding of geopolitics, so that they can help shape the future. EGF is a nonpartisan, nonprofit organization that works to connect people to the geopolitical issues shaping their world. Fostering a greater understanding of the issues broadens the debate and empowers informed engagement. EGF makes complex geopolitical issues accessible and understandable. We envision a world where international economic security is achieved through informed, inspired, and engaged stakeholders, particularly those across the globe that are currently disconnected from geopolitical issues, youth, and policy makers and thought leaders. EGF fuses think-tank expertise, social media savvy, and the inspiration of a civic activist. EGF's work is focused on: -Providing the intellectual capacity to understand complex political realities across the globe and oer a path for taking action; -Facilitating, coordinating, and amplifying the expertise of diverse partners and experts to bridge the information gap about geopolitical issues; -Developing innovative materials, to illustrate foreign policy issues and implications; -Creating, organizing, and sustaining opportunities for underserved youth to learn around foreign relations and political science; and -Convening and hosting thought-leader gathers and translating the current state of thinking into online content that resonates with the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EGF's mission is to connect people accross the world to the goepolitical issues that affect their lives. To that end, in 2019 EGF worked on four main projects: 1. Independent America: This three-year research project seeks to explore how US foreign policy could be better vto new global realities and to the preferences of American voters. The American public's support for a more restrained and less interventionist foreign policy is politically diverse, extending well beyond the usual anti-globalism suspects. And yet, US elected officials continue to fund small wars, arms sales, and troop deployments which are often counterproductive to the country's long-term interests, security, and prosperity. 2. Globalization and You: An educational curriculum for rural US high schools. This multi-year effort resulted in the creation of a week's worth of free content for US high school teachers, including everything needed to present the issues including video to bring the content to life was scheduled for testing in May 2019. The curriculum is focused on providing accessible, current content about the implications of globalization. It is aimed at empowering students with the skills and tools necessary to understand and manage the impacts of these forces, potentially for generations. 3. Technology, the State, & You: The digital revolution has already changed how people live, work, and communicate. And it's only getting started. But the same technologies that have the potential to help billions of people live happier, healthier, and more productive lives are also creating challenges for citizens and governments around the world. Form election meddling to data breaches and cyberattacks, recent events have shown that technology is changing how we think about privacy, national security, and maybe even democracy iteself. This effort explores five key challenges that will shape the future of the digital age and presents the results in a multimedia microsite. 4. Inevitable Adversaries: The US-Russia Relationship. Through a series of 15 video interviews shared on social media, EGF speaks with the world's top US-Russia experts including Russian and western voices to illustrate this complex relationship and explain what is at stake to the world. The project includes historical overviews, the obstacles and opportunities involved with the relationship, the issue of nuclear weapons, and the ripple effects that extend beyond the two countries.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Executive Director provides information necessary to prepare the return to the organization's tax preparer. Once the return is prepared, the Executive Director reviews a draft tax return along with other internal stakeholders of the organization. Any necessary changes from this review are then processed by the organization's tax preparer, the return is signed by the Executive Director, and filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Eurasia Group Foundation has adopted a conflict of interest policy, the policy was adopted by the Board of Directors on February 8, 2016 and duly signed by secretary's certificate on March 5, 2016.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The board maintained oversight of and approves the compensation of the Exectuive Director, which is evaluated by performing a compensation study and reviewing other organziations' 990s. Upon approval of the Exective Director's compensation, an employment contract is executed with that individual.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5These documents are available upon request by contacting the organization by mail, telephone or email.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 1, Description of Organization Mission:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4a, Program Service Accomplishments:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
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