Civic Intelligence

Gsm Association

990 • Fiscal year 2014 • EIN 98-0506316

Apr 01, 2013 to Mar 31, 2014 • Filed on Feb 16, 2015

Floor 2 Walbrook Bldg 25 WalbrookEc4n 8af

(440) 207-7592

Siviq Scores

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

Liabilities / Assets

100th percentile

3.44x

Higher debt load relative to assets than 100% of similar nonprofits.

2014 filings • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

82nd percentile

2.16x

Higher debt load relative to revenue than 82% of similar nonprofits.

2014 filings • $50M-$100M nonprofits • Source year 2014

Net Margin

8th percentile

-21%

Higher net margin than 8% of similar nonprofits.

2014 filings • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

91st percentile

$989,568

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2014 filings • $50M-$100M nonprofits • Source year 2014

Asset Growth

38th percentile

2.2%

Faster asset growth than 38% of similar nonprofits.

2014 filings • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

89th percentile

59%

Faster revenue growth than 89% of similar nonprofits.

2014 filings • $50M-$100M nonprofits • Annualized from 2013 to 2014

Assets

Up

$49,797,904

Up $1,063,732 (+2.2%) from 2013

Net Assets

Down

-$121,280,429

Down $26,337,079 (-28%) from 2013

Liabilities

Up

$171,078,333

Up $27,400,811 (+19%) from 2013

Revenue

Up

$79,057,217

Up $29,274,055 (+59%) from 2013

Expenses

Up

$95,683,464

Up $8,271,133 (+9.5%) from 2013

Net Income

Up

-$16,626,247

Up $21,002,922 (+56%) from 2013

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0-$100M-$200MAssets 2010: $64,741,033Liabilities 2010: $80,152,573Net Assets 2010: -$15,411,5402010Assets 2011: $70,600,740Liabilities 2011: $101,348,730Net Assets 2011: -$30,747,9902011Assets 2012: $50,149,361Liabilities 2012: $110,997,899Net Assets 2012: -$60,848,5382012Assets 2013: $48,734,172Liabilities 2013: $143,677,522Net Assets 2013: -$94,943,3502013Assets 2014: $49,797,904Liabilities 2014: $171,078,333Net Assets 2014: -$121,280,4292014Assets 2015: $50,588,032Liabilities 2015: $175,917,807Net Assets 2015: -$125,329,7752015Assets 2016: $48,226,898Liabilities 2016: $184,139,249Net Assets 2016: -$135,912,3512016Assets 2017: $51,444,416Liabilities 2017: $176,249,003Net Assets 2017: -$124,804,5872017Assets 2018: $53,440,920Liabilities 2018: $200,428,260Net Assets 2018: -$146,987,3402018Assets 2019: $33,381,585Liabilities 2019: $180,015,235Net Assets 2019: -$146,633,6502019Assets 2020: $70,399,559Liabilities 2020: $181,272,587Net Assets 2020: -$110,873,0282020Assets 2021: $93,265,201Liabilities 2021: $195,399,403Net Assets 2021: -$102,134,2022021Assets 2023: $92,130,305Liabilities 2023: $71,847,258Net Assets 2023: $20,283,0472023Assets 2024: $104,341,391Liabilities 2024: $79,290,282Net Assets 2024: $25,051,1092024

Highlighted filing

2014

Assets$49,797,904
Liabilities$171,078,333
Net Assets-$121,280,429

Operations Trend

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

$150M$100M$50M$0-$50MExpenses 2010: $55,397,5222010Expenses 2011: $61,286,5832011Expenses 2012: $78,454,7852012Revenue 2013: $49,783,162Expenses 2013: $87,412,331Net Income 2013: -$37,629,1692013Revenue 2014: $79,057,217Expenses 2014: $95,683,464Net Income 2014: -$16,626,2472014Revenue 2015: $102,026,444Expenses 2015: $118,220,428Net Income 2015: -$16,193,9842015Revenue 2016: $110,245,963Expenses 2016: $127,048,227Net Income 2016: -$16,802,2642016Revenue 2017: $109,508,430Expenses 2017: $116,569,125Net Income 2017: -$7,060,6952017Revenue 2018: $121,073,983Expenses 2018: $126,857,688Net Income 2018: -$5,783,7052018Revenue 2019: $124,235,535Expenses 2019: $132,374,033Net Income 2019: -$8,138,4982019Revenue 2020: $137,778,481Expenses 2020: $113,998,188Net Income 2020: $23,780,2932020Revenue 2021: $40,251,262Expenses 2021: $72,092,025Net Income 2021: -$31,840,7632021Revenue 2023: $92,474,980Expenses 2023: $83,975,096Net Income 2023: $8,499,8842023Revenue 2024: $108,695,173Expenses 2024: $106,317,284Net Income 2024: $2,377,8892024

Highlighted filing

2014

Revenue$79,057,217
Expenses$95,683,464
Net Income-$16,626,247
Jump To
Filing Snapshot
Filing Period
Apr 1, 2013 to Mar 31, 2014
Signed
Feb 16, 2015
Return Version
2013v4.0
Gross Receipts
$79,057,217
Mission and Program Overview

Mission

The gsma represents the interests of mobile operators worldwide. Spanning more than 220 countries, the gsma unites nearly 800 of the world's mobile operators with more than 200 companies in the broader mobile ecosystem, including handset makers, software companies, equipment providers and internet companies, as well as organizations in industry sectors such as financial services, healthcare, media, transport and utilities. The gsma also produces industry-leading events such as the mobile world congress and mobile asia expo in conjunction with, and through, gsma limited.

The gsma represents the interests of mobile operators worldwide. Spanning more than 220 countries, the gsma unites nearly 800 of the world's mobile operators.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$34,552,877$33,417,345▼ $1,135,532
Intangible Assets$6,902,353$9,093,091▲ $2,190,738
Savings and Temporary Cash Investments$3,099,948$2,718,152▼ $381,796
Land, Buildings, and Equipment, Net$1,798,525$2,238,684▲ $440,159
Prepaid Expenses and Deferred Charges$949,229$919,006▼ $30,223
Cash and Non-Interest-Bearing Accounts$949$1,826▲ $877
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
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-94,943,350$-121,280,429▼ $26,337,079
Total Assets$48,734,172$49,797,904▲ $1,063,732
Other Assets Total$1,430,291$1,409,800▼ $20,491
Liabilities
Other Liabilities$92,393,002$110,182,230▲ $17,789,228
Deferred Revenue$35,713,701$40,467,398▲ $4,753,697
Accounts Payable and Accrued Expenses$15,570,819$20,428,705▲ $4,857,886
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$143,677,522$171,078,333▲ $27,400,811
Net Assets / Fund Balance
Total Net Assets Fund Balance$-94,943,350$-121,280,429▼ $26,337,079
Total Liabilities and Net Assets / Fund Balance$48,734,172$49,797,904▲ $1,063,732

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,710,394$2,931,315$4,641,709
Leasehold Improvements$528,290$2,138,486$2,666,776
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jon Fredrik BaksaasBoard of Directors-$860,551$830,030$1,690,581
Franco BernabeBoard of Directors-$593,751$897,556$1,491,307
Jean-paul CottetBoard of Directors-$577,011$471,794$1,048,805
Alex SinclairChief Technology OfficerFT$334,735$573,654$908,389
Anne BouverotDirector GeneralPT$516,219$301,855$818,074
Hyunmi YangChief Strategy OfficerFT$419,936$102,005$742,554
Sung Min HaBoard of Directors-$663,281$79,273$742,554
Jeremy SewellChief Financial OfficerPT$376,257$276,602$652,859
Tom PhillipsChief Regulatory OfficerFT$338,390$284,853$623,243
William W HagueBoard of Directors-$420,909$17,007$437,916
Jonathan AtkinsGroup Finance DirectorPT$222,582$230,363$424,197
Stephen Martineauhead of professional servicesFT$213,461$247,454$299,102
Chris LockeGM - GSMA MOBILE FOR DEV'TFT$182,776$113,329$296,105
Sifiso DabenwaBoard of Directors-$281,320$14,785$296,105
Ahmad Abdul Karim JulfarBoard of Directors-$265,271$18,678$283,949
Kaoru KatoBoard of Directors-$248,578$32,515$281,093
Graham TrickeyHead of SpectrumFT$239,563$37,763$272,078
Hakam KanafaniBoard of Directors-$268,029$3,288$271,317
John Giustihead of spectrumFT$258,239$66,771$266,915
John HoffmanCEO of GSMA Limited-$225,846$1,233$260,370
Jamaludin IbrahimBoard of Directors-$239,563$8,369$247,932
Suk-chae LeeBoard of Directors--$31,073$31,073
Julio Linares LopezBoard of Directors--$11,792$11,792
Wolfgang KopfBoard of Directors--$1,644$1,644

Board Members and Trustees

NameTitle
Alejandro Magana PerezBoard of Directors
Anthony J MeloneBoard of Directors
Chang-gyu HwangBoard of Directors
David ThodeyBoard of Directors
Dr Nasser MarafihBoard of Directors
Jo LunderBoard of Directors
Johan DennelindBoard of Directors
Manoj KohliBoard of Directors
Marco PatuanoBoard of Directors
Narasimhan SrinathBoard of Directors
Nick ReadBoard of Directors
Paolo BertoluzzoBoard of Directors
Per-arne BlomquistBoard of Directors
Tadashi OnoderaBoard of Directors
Yimin LuBoard of Directors
Yuejia ShaBoard of Directors
Michael O'HaraChief Marketing Officer
Javier AlbaresHead of Corporate Strategy
David FrolioSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Project Peoplerecruiting & provisi-$14,664,213
Concentra ConsultingSoftware Design-$2,092,529
Weber ShandwickPr Consultants-$1,567,558
At KearneyStrategy Consulting-$966,065
Mckinsey CoStrategy Consulting-$869,695
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$74,232,805
Investment Income
$2,482
Other Revenue
$4,821,930
Change in Net Assets
$-16,626,247
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$58,744,490
Salaries, Compensation, and Employee Benefits$36,938,974
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$29,164,449
Other Salaries and Wages---$23,141,016
Travel---$9,941,869
Advertising---$5,371,530
Current Officers, Directors, Trustees, and Key Employees---$4,620,128
Other Employee Benefits---$4,139,103
Payroll Taxes---$3,965,067
Information Technology---$3,645,070
Depreciation Depletion---$3,199,834
Conferences and Meetings---$2,807,776
Office Expenses---$2,301,797
Pension Plan Contributions---$1,073,660
Other Expenses---$237,012
Insurance---$175,824
Interest---$160,335
Fees for Services Legal---$113,941
Fees for Services Accounting---$113,386
Total Functional Expenses$0$0$0$95,683,464
International Activity

International Summary

Offices
9
Employees
409
Spending
$94,796

International Compliance

Foreign grant records maintained
No
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
Europe (Including Iceland and Greenland)Program ServicesMember Support2338$91,777
South AmericaProgram ServicesMember Support412$1,372
East Asia and the PacificProgram ServicesMember Support238$1,218
Middle East and North AfricaProgram ServicesMember Support121$429
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
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 Affiliate$109,025,164
Taxes Payable$1,157,066
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Part VI, Line 6

GSMA HAS operator MEMBER, ASSOCIATE MEMBER AND RAPPORT MEMBERSHIP CATEGORIES. Only Operator Members have voting rights. Associate Members and Rapporteurs do not have any voting rights. The number of votes allocated to a Member is proportionate to the amount of the annual Dues which a Member has paid. Members have the following powers: The ratification every two years of the Board in its entirety; the dismissal of the Chairman, individual members of the Board or the Director General.

Part VI, Lines 7A & 7B

Every two years, the GSMA conducts an election process to appoint the 25-member board. Thirteen seats on the Board are reserved for the thirteen largest mobile operators, based on wireless revenues and wireless connections. The remaining 12 seats are selected by the outgoing board based on a number of criteria contained in the GSMAs governance documents. The resulting slate of 25 Board members is presented to the members for ratification.

Part VI, Line 11B

The 990 is reviewed by senior members of the management team and outside legal counsel.

Part VI, Line 12C

Directors and officers are required to execute annual written certifications of compliance with the conflict of interest policy. Any exceptions must be disclosed and reviewed by the organization. The directors and officers have certified their compliance with the policy for this tax year.

Part VI, Lines 15A & B

GSMA's human resources staff performs benchmarking studies to determine all officer compensation packages. These studies utilize external data on each element of the packages including base salary, incentive compensation, and benefit programs. Remuneration of the CEO is determined by the non-executive chairman.

Part VI, Line 19

GSMA maintains public disclosure copies of its governing documents, conflict of interest policy and financial statements at its principal office. These copies are available upon a written or in-person request for access.

Filing and Contact Details

Filer

EIN
98-0506316
In Care Of
% OONAGH STEIN
Phone
4402077592

Signing Officer

Name
David Walsh
Title
General Counsel
Phone
2073560600
Signed
2015-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Walsh
Formed
1987
Voting Board Members
26
Independent Board Members
25
Employees
0

Preparer

Preparer
Marc Azar
Phone
2073560600
Supplemental Narrative

Additional Explanations

Part I

GSMA's financial statements are presented in British Pounds. The amounts reported on Part X of the Form 990 were converted from British Pounds to US Dollars using the conversion rate at 3/31/14 of 1.6629. The amounts reported on Part VIII and Part IX of the Form 990 were converted from British Pounds to US Dollars using the average conversion rate for the fiscal year ended 03/31/14 of 1.5896. The foreign currency conversion results in an adjusting item to the organization's change in net assets for the period which is reported on Form 990, Part XI, line 9. The financial statements were compiled following international financial reporting standards and received an unqualified audit opinion.

Part III, Line 4D

Network 2020 Program: Placing mobile networks at the heart of the all-IP broadband era, enabling secure, smart, interoperable and seamless IP-based communications services.

Part XI, Line 9

Foreign Currency Conversion Adjustment: ($9,710,832).

Part XII, Line 1

GSMA's financial statements (and thus the Form 990) have been prepared under the historical cost convention.

Form 990 Part IX Line 11G

Description:contractors total fees:16308023

Form 990 Part IX Line 11G

Description:tax advisory fees total fees:188147

Form 990 Part IX Line 11G

Description:connected living research/stud total fees:1433239

Form 990 Part IX Line 11G

Description:future of comm. Research/studi total fees:375694

Form 990 Part IX Line 11G

Description:mobile comm. Research/studies total fees:678144

Form 990 Part IX Line 11G

Description:spectrum research/studies total fees:2365295

Form 990 Part IX Line 11G

Description:mobile identity research/studi total fees:322784

Form 990 Part IX Line 11G

Description:working group support total fees:2845389

Form 990 Part IX Line 11G

Description:data traffic forecasts total fees:659832

Form 990 Part IX Line 11G

Description:other research & consulting total fees:3987902

Raw XML AppendixShowing 400 of 884 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt22Board of Directors
IRS990/Form990PartVIISectionAGrp/TitleTxt23Board of Directors
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IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD OF DIRECTORS
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IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt29BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt30CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt31CHIEF TECHNOLOGY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt32Chief Regulatory Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt33GM - GSMA MOBILE FOR DEV'T
IRS990/Form990PartVIISectionAGrp/TitleTxt34Chief Strategy Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt35CEO of GSMA Limited
IRS990/Form990PartVIISectionAGrp/TitleTxt36Chief Marketing Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt37SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt38GROUP FINANCE DIRECTOR
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IRS990/MissionDesc0THE GSMA REPRESENTS THE INTERESTS OF MOBILE OPERATORS WORLDWIDE. SPANNING MORE THAN 220 COUNTRIES, THE GSMA UNITES NEARLY 800 OF THE WORLD'S MOBILE OPERATORS WITH MORE THAN 200 COMPANIES IN THE BROADER MOBILE ECOSYSTEM, INCLUDING HANDSET MAKERS, SOFTWARE COMPANIES, EQUIPMENT PROVIDERS AND INTERNET COMPANIES, AS WELL AS ORGANIZATIONS IN INDUSTRY SECTORS SUCH AS FINANCIAL SERVICES, HEALTHCARE, MEDIA, TRANSPORT AND UTILITIES. THE GSMA ALSO PRODUCES INDUSTRY-LEADING EVENTS SUCH AS THE MOBILE WORLD CONGRESS AND MOBILE ASIA EXPO IN CONJUNCTION WITH, AND THROUGH, GSMA LIMITED.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$104$79.3$25.1$109$106$2.38
2023Detailed filing. Detailed filing data is available for this year.$92.1$71.8$20.3$92.5$84.0$8.50
2021Detailed filing. Detailed filing data is available for this year.$93.3$195$102$40.3$72.1$31.8
2020Detailed filing. Detailed filing data is available for this year.$70.4$181$111$138$114$23.8
2019Detailed filing. Detailed filing data is available for this year.$33.4$180$147$124$132$8.14
2018Detailed filing. Detailed filing data is available for this year.$53.4$200$147$121$127$5.78
2017Detailed filing. Detailed filing data is available for this year.$51.4$176$125$110$117$7.06
2016Detailed filing. Detailed filing data is available for this year.$48.2$184$136$110$127$16.8
2015Detailed filing. Detailed filing data is available for this year.$50.6$176$125$102$118$16.2
2014Detailed filing. Detailed filing data is available for this year.$49.8$171$121$79.1$95.7$16.6
2013Summary only. Only limited summary data is available for this year.$48.7$144$94.9$49.8$87.4$37.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.1$111$60.8$78.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$70.6$101$30.7$61.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$64.7$80.2$15.4$55.4