2017-11-12T09:41:23-08:00 2016-12-31 Jump Perry and Company LLP 12 Lexington Avenue Toms River NJ 087537545 990 2016-01-01 136271591 LICENSING EXECUTIVES SOCIETY USA & CANADA INC LICE 7032344058 11130 SUNRISE VALLEY DRIVE RESTON VA 20191 BRIAN O'SHAUGHNESSY President 2017-11-12 true DONALD E JUMP CPA P00740034 7322407377 2016 2017-02-10 21:41:12Z X 2973436 false false X WWW.LESUSACANADA.ORG X 1967 NY A NONPROFIT PROFESSIONAL AND EDUCATIONAL SOCIETY ASSISTING INDIVIDUALS IN TECHNIQUES OF SAFEGUARDING INTELLECTUAL PROPERTY. THE SOCIETY ALSO INFORMS THE PUBLIC CONCERNING THE ECONOMIC SIGNIFICANCE OF LICENSING OR OTHER TRANSFER OF TECHNOLOGY, INDUSTRIAL AND INTELLECTUAL PROPERTY. 22 22 0 375 0 0 3423800 2823926 16476 2095 79267 147415 3519543 2973436 25000 0 131182 0 0 0 3316998 2473122 3448180 2498122 71363 475314 1892956 2228258 1261048 1121036 631908 1107222 X A NONPROFIT PROFESSIONAL AND EDUCATIONAL SOCIETY ASSISTING INDIVIDUALS IN TECHNIQUES OF SAFEGUARDING INTELLECTUAL PROPERTY. THE SOCIETY ALSO INFORMS THE PUBLIC CONCERNING THE ECONOMIC SIGNIFICANCE OF LICENSING OR OTHER TRANSFER OF TECHNOLOGY, INDUSTRIAL AND INTELLECTUAL PROPERTY. false false MEETINGS CONDUCTED TO EXCHANGE INFORMATION AMONG MEMBERS. EDUCATION SEMINARS HELD TO INCREASE ATTENDEES KNOWLEDGE OF INTELLECTUAL PROPERTY AND TECHNOLOGY TRANSFER FIELDS. PUBLICATION OF A QUARTERLY JOURNAL AND OTHER MATERIALS DEALING WITH INTELLECTUAL PROPERTY AND TECHNOLOGY TRANSFER. false false false false true false false false false false true false false true true true false true false false false false false false false false false true false false false false false false false false false false false false false false false false false false true true false false false true 8 0 true 0 false false false true OC false false false false false false false false false X 22 22 false true false false true true false true true false true true true true true true true true false false false X LUCY STOCKDILL 7032344141 11130 SUNRISE VALLEY DRIVE SUITE 35 RESTON VA 20191 X PAMELA DEMAIN PAST CHAIRMAN 5.00 0.00 X X 0 0 0 TOM FILARSKI COUNSEL 5.00 0.00 X 0 0 0 JEFF WHITTLE Chairman 5.00 0.00 X X 0 0 0 PAUL ROBERTS VP PLANNING 5.00 0.00 X 0 0 0 KEVIN ARST Treasurer 5.00 0.00 X X 0 0 0 BRIAN O'SHAUGHNESSY CHAIRMAN ELECT 5.00 0.00 X X 0 0 0 PANAGIOTA KOUTSOGIANNIS RVP CANADA 5.00 0.00 X 0 0 0 ART ROSE Secretary 5.00 0.00 X X 0 0 0 BILL ELKINGTON REGIONAL VP 5.00 0.00 X 0 0 0 ROBERT HELD VP EDUCATION 5.00 0.00 X 0 0 0 GAURI PRAKASH-CANJELS ASSIST. TREAS. 5.00 0.00 X X 0 0 0 HILTON SUE VP CHAPTERS 5.00 0.00 X 0 0 0 STASIA OGDEN VP DESIGN 5.00 0.00 X 0 0 0 NED BARLAS VP INT'L 5.00 0.00 X 0 0 0 DON DRINKWATER Trustee 5.00 0.00 X 0 0 0 JACK TUPMAN Trustee 5.00 0.00 X 0 0 0 GARY FEDOROCHKO Trustee 5.00 0.00 X 0 0 0 SUSAN STODDARD Trustee 5.00 0.00 X 0 0 0 LESLEY STOLZ Trustee 5.00 0.00 X 0 0 0 RACHEL KREPPEL Trustee 5.00 0.00 X 0 0 0 RICH BAKER Trustee 5.00 0.00 X 0 0 0 IDA SHUM Trustee 5.00 0.00 X 0 0 0 0 false false false DROHAN MANAGEMENT GROUP 11130 SUNRISE VALLEY DRIVE RESTON VA 20191 MGMT OF ASSOCIATION 657165 ASSOCIATION HEADQUARTERS 1120 ROUTE 73 SUITE 200 MOUNT LAUREL NJ 08054 MGMT OF ASSOCIATION 142667 2 0 EDUCATION PROGRAMS 900099 127128 127128 MEETINGS AND CONFERENCES 900099 1652901 1652901 MEMBERSHIP DUES 900099 1043897 1043897 2823926 2095 2095 0 0 0 0 0 0 0 MISCELLANEOUS REVENUE 900099 50486 50486 SUBLEASE REVENUE 531390 96929 96929 147415 2973436 2973436 25000 0 0 0 0 0 0 0 0 0 799831 1261 15220 0 0 0 10424 15434 1766 0 0 121373 0 0 932778 0 0 30278 9512 Annual Dues to LESI 187584 IP100 69580 MEMBERSHIP 45848 LES VIEWPOINTS 43458 188775 2498122 0 0 0 1239955 1578213 0 0 37730 65290 0 0 117212 5000 0 49157 54908 295871 123161 193988 172710 0 0 0 0 254914 352137 1892956 2228258 101954 22329 958910 802311 200184 296396 1261048 1121036 X 631908 1107222 631908 1107222 1892956 2228258 475314 X false true X true false false false true false 214050 50278 163772 39766 30766 9000 42055 42117 -62 172710 ACCRUED INTEREST ON LOAN RECEIVABLE DEPOSIT 9867 DUE FROM CLP 231324 LOANS RECEIVABLE CLP 110946 352137 DUE TO LES FOUNDATION 2221 OTHER LIABILITIES 294175 296396 X Part X : FIN48 Footnote For the year ended December 31, 2016, the Organizations have documented their consideration of FASB ASC 740-10, Income Taxes, that provides guidance for reporting uncertainty in income taxes and have determined that no material uncertain tax positions qualify for either recognition or disclosure in the combined financial statements.The Federal Form 990, Return of Organization Exempt from Income Tax, is subject to examination by the Internal Revenue Service, generally for three years after it is filed. false LES FOUNDATION INC 11130 SUNRISE VALLEY DR 350 RESTON VA 20191 542016338 501(C)(3) 25000 0 STUDENT LICENSING COMPETITION 1 0 Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: RESEARCH PROJECTS FUNDED TO ENHANCE THE LICENSING FIELD THROUGH BOARD-DESIGNATED PROJECTS Form 990, Part VI, Line 11b: Form 990 Review Process THE 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED AND APPROVED BY THE TREASURER AND THE MANAGEMENT COMPANY. IT WAS THEN SENT TO ALL BOARD MEMBERS BEFORE FILING. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts ALL ACTUAL AND POTENTIAL CONFLICTS OF INTERESTS ARE DISCLOSED BY BOARD MEMBERS TO THE LES EXECUTIVE COMMITTEE THROUGH THE ANNUAL DISCLOSURE FORM AND/OR WHENEVER A CONFLICT ARISES. THE DISINTERESTED MEMBERS OF THE LES EXECUTIVE COMMITTEE MAKE A DETERMINATION AS TO WHETHER A CONFLICT EXISTS AND WHAT SUBSEQUENT ACTION IS APPROPRIATE (IF ANY). THE LES EXECUTIVE COMMITTEE INFORMS THE BOARD OF SUCH DETERMINATION AND ACTION. THE BOARD RETAINS THE RIGHT TO MODIFY OR REVERSE SUCH DETERMINATION AND ACTION, AND RETAINS THE ULTIMATE ENFORCEMENT AUTHORITY WITH RESPECT TO THE INTERPRETATION AND APPLICATION OF THIS POLICY. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY CONTACTING THE LES OFFICE. LICENSING EXECUTIVE SOCIETY FOUNDATION 11130 Sunrise Valley Drive Suite 3 RESTON VA 20191 542016338 STUDENT BUSINESS COMPETITION VA 501C3 LES true false true false false false false false false false false false false false false false false false false false LICENSING EXECUTIVE SOCIETY FOUNDATION b 25000 CASH