Civic Intelligence

Institute for Global Affairs Inc.

990 • Fiscal year 2021 • EIN 81-1614189

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 29, 2022

13170 Central Ave SE Suite B 104Albuquerque, NM 87123

(202) 765-3177

Siviq Scores

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

Liabilities / Assets

64th percentile

0.06x

Higher debt load relative to assets than 64% of similar nonprofits.

2021 filings • NTEE Q • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

60th percentile

0.04x

Higher debt load relative to revenue than 60% of similar nonprofits.

2021 filings • NTEE Q • $1M-$5M nonprofits • Source year 2021

Net Margin

46th percentile

8.6%

Higher net margin than 46% of similar nonprofits.

2021 filings • NTEE Q • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

94th percentile

$213,836

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 20.0% of source-year revenue.

2021 filings • NTEE Q • $1M-$5M nonprofits • Source year 2021

Asset Growth

51st percentile

17%

Faster asset growth than 51% of similar nonprofits.

2021 filings • NTEE Q • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

80th percentile

86%

Faster revenue growth than 80% of similar nonprofits.

2021 filings • NTEE Q • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$704,541

Up $100,796 (+17%) from 2020

Net Assets

Up

$664,518

Up $91,410 (+16%) from 2020

Liabilities

Up

$40,023

Up $9,386 (+31%) from 2020

Revenue

Up

$1,068,150

Up $492,920 (+86%) from 2020

Expenses

Up

$976,740

Up $155,336 (+19%) from 2020

Net Income

Up

$91,410

Up $337,584 (+137%) from 2020

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

2021

Assets$704,541
Liabilities$40,023
Net Assets$664,518

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

2021

Revenue$1,068,150
Expenses$976,740
Net Income$91,410
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 29, 2022
Return Version
2021v4.2
Gross Receipts
$1,068,150
Mission and Program Overview

Mission

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$389,503$394,118▲ $4,615
Savings and Temporary Cash Investments$201,626$247,623▲ $45,997
Accounts Receivable$5,776$56,068▲ $50,292
Prepaid Expenses and Deferred Charges$4,471$5,037▲ $566
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$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
Total Assets$603,745$704,541▲ $100,796
Other Assets Total$2,369$1,695▼ $674
Liabilities
Accounts Payable and Accrued Expenses$30,637$40,023▲ $9,386
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$30,637$40,023▲ $9,386
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$359,459$662,487▲ $303,028
Net Assets With Donor Restrictions$213,649$2,031▼ $211,618
Total Net Assets Fund Balance$573,108$664,518▲ $91,410
Total Liabilities and Net Assets / Fund Balance$603,745$704,541▲ $100,796
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark HannahResearch FellowFT$205,740$8,096$213,836
Allyn SummaExecutive DirectorFT$149,022$6,000$155,022

Board Members and Trustees

NameTitle
Ian BremmerPresident
Betty LiuDirector
Gregory BoyleDirector
Joe SchoendorfDirector
Maziar MinoviDirector
Mohamed A El-ErianDirector
Niko PfundDirector
Richard LorenzenDirector
Sallie KrawcheckDirector
Mary PangDirector (Outgoing Dec. 2021)
Revenue and Support

Revenue Composition

Contributions and Grants
$1,067,689
Program Service Revenue
$0
Investment Income
$461
Other Revenue
$0
All Other Contributions
$967,125
Change in Net Assets
$91,410

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,068,150
Total Revenue per Audited Statements
$1,068,150
Total Revenue per Form 990
$1,068,150
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$628,544
Other Expenses$348,196
Total Fundraising Expense$45,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$381,084$5,417-$386,501
Current Officers, Directors, Trustees, and Key Employees$24,509$86,491$45,000$156,000
Fees for Services Other$131,491$846-$132,337
Payroll Taxes$31,398$13,413-$44,811
Fees for Services Accounting-$42,271-$42,271
Other Employee Benefits$19,613$8,301-$27,914
Office Expenses$20,149$3,424-$23,573
Advertising$23,088--$23,088
Occupancy$12,152$2,628-$14,780
Pension Plan Contributions$10,647$2,671-$13,318
Information Technology$9,565$3,130-$12,695
Depreciation Depletion-$7,774-$7,774
Travel$5,447$1,305-$6,752
Conferences and Meetings$4,172--$4,172
Other Expenses$1,500$13,829-$1,500
Interest-$384-$384
Total Functional Expenses$739,856$191,884$45,000$976,740

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$976,740
Total Expenses per Audited Statements$976,740
Total Expenses per Form 990$976,740
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
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
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
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 President, 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
In Care Of
% ALLYN B SUMMA
Phone
2027653177
Address
13170 Central Ave SE Suite B 104, Albuquerque, NM 87123

Signing Officer

Name
Ian Bremmer
Title
President
Phone
2027653177
Signed
2022-08-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ian Bremmer
Formed
2016
Legal Domicile
De
Voting Board Members
10
Independent Board Members
9
Employees
5
Volunteers
10

Preparer

Firm
Withumsmithbrownpc
Address
4600 EAST WEST HWY 900, BETHESDA, MD 20814-3423
Preparer
Brian E Bender CPA
Phone
3012726000
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

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.

Form 990, Part III, Line 1

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. EGF fuses thinktank 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 thoughtleader gathers and translating the current state of thinking into online content that resonates with the public.

Form 990, Part III, Line 4A

EGF connects people across the world to the geopolitical issues that affect their lives. To that end, in 2020 EGF worked on three main projects: 1. Independent America: This multiyear research project seeks to explore how US foreign policy could be better to 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 antiglobalism suspects. And yet, US elected officials continue to fund small wars, arms sales, and troop deployments which are often counterproductive to the country's longterm interests, security, and prosperity. 2. Education: EGF works to create and disseminate educational materials focused on expanding the knowledge and opportunities for underserved youth. To that end, EGF created Globalization, Robots, and You, an educational curriculum for high schools students across the world. This multiyear effort resulted in the creation of a week's worth of free content for 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. Outreach: EGF is working towards a world where citizens understand the complexities of geopolitics and are included in decisions that affect their daily lives. We are amplifying ideas, perspectives, and information through extensive media engagement, engaging videos, publications, and our very own None Of The Above podcast, making issues accessible and understandable.

Form 990 Part IX Line 11G

Description:other consulting fees total fees:132337

Financial Statement Notes

Part X, Line 2:

EGF is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. In addition, EGF has been determined by the Internal Revenue Service not to be a private foundation within the meaning of Section 509(a) of the Code. EGF is subject to income taxes on revenue generated from other sources unrelated to its exempt purpose. Due to its tax-exempt status, EGF is not subject to income taxes and does not have any unrelated business income for the years ended December 31, 2021 and 2020, respectively. EGF is required to file, and does file, tax returns with the IRS and other taxing authorities. Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken and recognize a tax liability if EGF 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, 2021 and 2020, 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 2018 remain open.

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