INTERNATIONAL FINANCIAL REPORTING STANDARDS FOUNDATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- INTERNATIONAL FINANCIAL REPORTING STANDARDS FOUNDATION (EIN 13-4164140)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-07-23
- IRS object ID
- 201342049349300314
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-07-23T10:24:37-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135381590 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7101 WISCONSIN AVE SUITE 800 | AddressLine1 |
| City | BETHESDA | City |
| State | MD | State |
| ZIP Code | 208144827 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134164140 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INTERNATIONAL FINANCIAL REPORTING | BusinessNameLine1 |
| Business Name Line2 | STANDARDS FOUNDATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | INTE | NameControl |
| Phone | 2072466410 | Phone |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | FIRST FLOOR 30 CANNON ST | AddressLine1 |
| City | LONDON | City |
| Country | UK | Country |
| Postal Code | EC4M 6XH | PostalCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MIRANDA CORTI | Name |
| Title | DIR OF OPERATIONS, TREASURER | Title |
| Phone | 2072466410 | Phone |
| Date Signed | 2013-07-23 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOYCE M UNDERWOOD | Name |
| PTIN | P00022361 | PTIN |
| Phone | 3016544900 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | HANS HOOGERVORST | NameOfPrincipalOfficerPerson |
Address Principal Officer Foreign AddressPrincipalOfficerForeign
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | FIRST FLOOR 30 CANNON ST | AddressLine1 |
| City | LONDON | City |
| Country | UK | Country |
| Postal Code | EC4M 6XH | PostalCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 40624828 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.IFRS.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2001 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | SEE SCHEDULE O. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 22 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 5 | TotalNbrEmployees |
| Total Nbr Volunteers | 181 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 33058306 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 31933358 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5678986 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 5197955 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 307500 | InvestmentIncomePriorYear |
| Investment Income Current Year | 201380 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2928793 | OtherRevenuePriorYear |
| Other Revenue Current Year | 3292135 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 41973585 | TotalRevenuePriorYear |
| Total Revenue Current Year | 40624828 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 29286718 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 28292110 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 448368 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 11907532 | OtherExpensePriorYear |
| Other Expenses Current Year | 9349438 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 41194250 | TotalExpensesPriorYear |
| Total Expenses Current Year | 37641548 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 779335 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2983280 | RevenuesLessExpensesCY |
| Total Assets BOY | 24496657 | TotalAssetsBOY |
| Total Assets EOY | 28395107 | TotalAssetsEOY |
| Total Liabilities BOY | 11532250 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 10871091 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 12964407 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 17524016 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO DEVELOP, IN THE PUBLIC INTEREST, A SINGLE SET OF HIGH QUALITY, UNDERSTANDABLE, ENFORCEABLE AND GLOBALLY ACCEPTED INTERNATIONAL FINANCIAL REPORTING STANDARDS BASED UPON CLEARLY ARTICULATED PRINCIPLES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 28804920 | Expense |
| Revenue | 30608 | Revenue |
| Description | THE IFRS FOUNDATION IS AN INDEPENDENT, NOT-FOR PROFIT PRIVATE SECTOR ORGANIZATION WORKING IN THE PUBLIC INTEREST. THE IASB IS THE INDEPENDENT STANDARD-SETTING BODY OF THE IFRS FOUNDATION. ITS MEMBERS (CURRENTLY 16 FULL-TIME MEMBERS) ARE RESPONSIBLE FOR THE DEVELOPMENT AND PUBLICATION OF IFRSS, INCLUDING THE IFRS FOR SMES AND FOR APPROVING INTERPRETATIONS OF IFRSS AS DEVELOPED BY THE IFRS INTERPRETATIONS COMMITTEE. ALL DECISION MAKING MEETINGS OF THE IASB ARE HELD IN PUBLIC AND WEBCAST. (SEE THE CONTINUATION ON SCHEDULE O.) | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5084371 | Expense |
| Revenue | 8438465 | Revenue |
| Description | CONTENT SERVICES, AND RELATED ACTIVITIES PUBLICATIONS, EDUCATION AND XBRL ACTIVITIES ALL SUPPORT THE OBJECTIVES OF THE ORGANISATION AND THE STANDARD SETTING PROCESS. THE ACTIVITIES INVOLVED INCLUDE: - THE CREATION OF AN XBRL TAXONOMY FOR IFRSS AND THE IFRS FOR SMES TO FACILITATE THE ELECTRONIC USE, EXCHANGE AND COMPARABILITY OF FINANCIAL DATA PREPARED IN ACCORDANCE WITH IFRSS. (SEE THE CONTINUATION ON SCHEDULE O.)- THE PRODUCTION OF HIGH QUALITY, UNDERSTANDABLE AND UP TO DATE MATERIAL INCLUDING FREELY DOWNLOADABLE TRAINING MATERIAL FOR THE IFRS FOR SMES, AND THE ORGANISATION OF CONFERENCES AND WORKSHOPS ABOUT IFRSS. - THE PROTECTION OF THE IFRS BRAND AND THE SUPPORT OF ADOPTION THROUGH ADDRESSING TRANSLATION AND COPYRIGHT ISSUES AND CONTRIBUTING TO THE FINANCING OF THE ORGANISATION THROUGH THE PROVISION OF PUBLICATION SERVICES. A RANGE OF REVENUES RECOVERED OFFSET DIRECT COSTS AND A PORTION OF THE COSTS OF THE STANDARD SETTING PROCESS DESCRIBED IN PART III, 4A. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 33889291 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 5 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 5 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | UK | NameOfForeignCountry |
| Name Of Foreign Country | SZ | NameOfForeignCountry |
| Name Of Foreign Country | JA | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 22 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | AL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CT | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | KS | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | KY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NC | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | RI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | SC | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | TN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | VI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JAMES DEISSLER FINANCE MANAGER IF | NamePerson |
| Telephone Number | 2072466410 | TelephoneNumber |
Address Foreign AddressForeign
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | FIRST FLOOR 30 CANNON ST | AddressLine1 |
| City | LONDON | City |
| Country | UK | Country |
| Postal Code | EC4M 6XH | PostalCode |
Form990 Part VII Section A Form990PartVIISectionA (36 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| MICHEL PRADA | ||||||||
| TRUSTEE, CHAIR | 16.00 | X | 192464 | 0 | 0 | |||
| RONALD ARCULLI | ||||||||
| TRUSTEE | 3.00 | X | 6539 | 0 | 0 | |||
| CHANDRASHEKHAR BHASKAR BHAVE | ||||||||
| TRUSTEE | 3.00 | X | 8190 | 0 | 0 | |||
| CLEMENS BOERSIG | ||||||||
| TRUSTEE | 8.00 | X | 33747 | 0 | 0 | |||
| DUCK-KOO CHUNG | ||||||||
| TRUSTEE | 3.00 | X | 31647 | 0 | 0 | |||
| YVES-THIBAULT DE SILGUY | ||||||||
| TRUSTEE | 3.00 | X | 39366 | 0 | 0 | |||
| SCOTT EVANS | ||||||||
| TRUSTEE | 8.00 | X | 35111 | 0 | 0 | |||
| TSUGUOKI FUJINUMA | ||||||||
| TRUSTEE, VICE-CHAIR | 8.00 | X | 122419 | 0 | 0 | |||
| ROBERT GLAUBER | ||||||||
| TRUSTEE, VICE CHAIR | 8.00 | X | 118863 | 0 | 0 | |||
| HARVEY GOLDSCHMID | ||||||||
| TRUSTEE | 3.00 | X | 28686 | 0 | 0 | |||
| JEFFREY LUCY | ||||||||
| TRUSTEE | 5.00 | X | 36667 | 0 | 0 | |||
| PEDRO MALAN | ||||||||
| TRUSTEE | 3.00 | X | 37822 | 0 | 0 | |||
| SIR CALLUM MCCARTHY | ||||||||
| TRUSTEE | 3.00 | X | 1651 | 0 | 0 | |||
| SIR BRIAN NICHOLSON | ||||||||
| TRUSTEE | 3.00 | X | 28634 | 0 | 0 | |||
| MARCO ONADO | ||||||||
| TRUSTEE | 3.00 | X | 11426 | 0 | 0 | |||
| JAMES QUIGLEY | ||||||||
| TRUSTEE | 5.00 | X | 8190 | 0 | 0 | |||
| NORIAKI SHIMAZAKI | ||||||||
| TRUSTEE | 3.00 | X | 30103 | 0 | 0 | |||
| DAVID SIDWELL | ||||||||
| TRUSTEE | 8.00 | X | 33338 | 0 | 0 | |||
| DICK SLUIMERS | ||||||||
| TRUSTEE | 3.00 | X | 27015 | 0 | 0 | |||
| PAUL TELLIER | ||||||||
| TRUSTEE | 3.00 | X | 28559 | 0 | 0 | |||
| JEFF VAN ROOYEN | ||||||||
| TRUSTEE | 3.00 | X | 29324 | 0 | 0 | |||
| YONG LI | ||||||||
| TRUSTEE | 3.00 | X | 13011 | 0 | 0 | |||
| ANTONIO ZOIDO | ||||||||
| TRUSTEE | 3.00 | X | 31647 | 0 | 0 | |||
| HANS HOOGERVORST | ||||||||
| CHAIRMAN OF IASB | 40.00 | 765326 | 0 | 0 | X | |||
| YAEL ALMOG | ||||||||
| EXECUTIVE DIRECTOR | 40.00 | 229636 | 0 | 22964 | X | |||
| MIRANDA CORTI | ||||||||
| DIRECTOR OF OPERATIONS | 40.00 | 279628 | 0 | 27963 | X | |||
| IAN MACKINTOSH | ||||||||
| VICE CHAIRMAN OF IASB | 40.00 | 749308 | 0 | 0 | X | |||
| ZHANG WEI-GUO | ||||||||
| IASB MEMBER | 40.00 | 677606 | 0 | 0 | X | |||
| PAUL PACTER | ||||||||
| IASB MEMBER | 40.00 | 690790 | 0 | 0 | X | |||
| PATRICK FINNEGAN | ||||||||
| IASB MEMBER | 40.00 | 745289 | 0 | 0 | X | |||
| PATRICIA MCCONNELL | ||||||||
| IASB MEMBER | 40.00 | 749289 | 0 | 0 | X | |||
| PRABHAKAR KALAVACHERLA | ||||||||
| IASB MEMBER | 40.00 | 744581 | 0 | 0 | X | |||
| MARVIN CHEUNG | ||||||||
| FORMER TRUSTEE | 0.00 | 17098 | 0 | 0 | X | |||
| SAMUEL A DIPIAZZA JR | ||||||||
| FORMER TRUSTEE | 0.00 | 25262 | 0 | 0 | X | |||
| ZHONGLI LIU | ||||||||
| FORMER TRUSTEE | 0.00 | 15584 | 0 | 0 | X | |||
| T V MOHANDAS PAI | ||||||||
| FORMER TRUSTEE | 0.00 | 20127 | 0 | 0 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 6643943 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 50927 | TotalOtherCompensation |
| Number Individuals GT100 K | 56 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation | Address Line1AddressOfContractor/AddressForeign/AddressLine1 | CityAddressOfContractor/AddressForeign/City | CountryAddressOfContractor/AddressForeign/Country | Postal CodeAddressOfContractor/AddressForeign/PostalCode | Province Or StateAddressOfContractor/AddressForeign/ProvinceOrState |
|---|---|---|---|---|---|---|---|---|---|---|
| ON24 | ||||||||||
| PO BOX 673862 | DETROIT | MI | 482673862 | IT SERVICES | 302748 | |||||
| PRICEWATERHOUSE COOPERS LLP | ||||||||||
| PROFESSIONAL FEES | 215732 | 161 MARSH WALL | LONDON | UK | E14 9SQ | |||||
| TELECITY REDBUS UK LTD | ||||||||||
| IT SERVICES | 145480 | 6 HARBOUR EXCHANGE SQUARE | LONDON | UK | E14 9GE | |||||
| CITY OFFICE INTERIORS | ||||||||||
| OFFICE COSTS | 125928 | 5TH FLR HURST ST | BIRMINGHAM | UK | B5 4BD | |||||
| ADVANCED 365 | ||||||||||
| IT SERVICES | 101565 | MUNRO HOUSE PORTSMOUTH RD | COBHAM | UK | KT11 1TF | SURRY | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| All Other Contributions | 31933358 | AllOtherContributions |
| Total Contributions | 31933358 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| PUBLICATIONS & RELATED | 900099 | 4835930 | 4835930 |
| CONFERENCES | 900099 | 362025 | 362025 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 5197955 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 201380 | TotalRevenueColumn |
| Exclusion | $201,380 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3240510 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3240510 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| HONORARIA | 900099 | 30608 | 30608 | |
| NET EXCHANGE LOSSES | 900099 | 21017 | $21,017 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 51625 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 40624828 | TotalRevenueColumn |
| Related Or Exempt Function Income | 8469073 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $222,397 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3024067 | Total |
| Program Services | 1257635 | ProgramServices |
| Management And General | 1515472 | ManagementAndGeneral |
| Fundraising | 250960 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21263076 | Total |
| Program Services | 20484854 | ProgramServices |
| Management And General | 695836 | ManagementAndGeneral |
| Fundraising | 82386 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1142343 | Total |
| Program Services | 1010500 | ProgramServices |
| Management And General | 114572 | ManagementAndGeneral |
| Fundraising | 17271 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 420120 | Total |
| Program Services | 371632 | ProgramServices |
| Management And General | 42136 | ManagementAndGeneral |
| Fundraising | 6352 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2442504 | Total |
| Program Services | 2160603 | ProgramServices |
| Management And General | 244972 | ManagementAndGeneral |
| Fundraising | 36929 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 188000 | Total |
| Program Services | 141987 | ProgramServices |
| Management And General | 46013 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 95247 | Total |
| Management And General | 95247 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19693 | Total |
| Management And General | 19693 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80780 | Total |
| Program Services | 80780 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 506439 | Total |
| Program Services | 453377 | ProgramServices |
| Management And General | 46111 | ManagementAndGeneral |
| Fundraising | 6951 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1000823 | Total |
| Program Services | 895963 | ProgramServices |
| Management And General | 91123 | ManagementAndGeneral |
| Fundraising | 13737 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2126339 | Total |
| Program Services | 1903555 | ProgramServices |
| Management And General | 193600 | ManagementAndGeneral |
| Fundraising | 29184 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1552425 | Total |
| Program Services | 1552425 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2051030 | Total |
| Program Services | 2051030 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 335005 | Total |
| Program Services | 299905 | ProgramServices |
| Management And General | 30502 | ManagementAndGeneral |
| Fundraising | 4598 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108678 | Total |
| Management And General | 108678 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| PUB PRINT/DISTRIBUTION | 1226309 | 1226309 | |
| RECRUITMENT FEES | 658267 | 598333 | 59934 |
| REALISED EXCHANGE GAIN | -139918 | -139918 | |
| TAXATION (UK) | -459679 | -459679 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37641548 | Total |
| Program Services | 33889291 | ProgramServices |
| Management And General | 3303889 | ManagementAndGeneral |
| Fundraising | 448368 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9189162 | BOY |
| EOY | 9560507 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1591632 | BOY |
| EOY | 3986922 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2784998 | BOY |
| EOY | 2706814 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1483424 | BOY |
| EOY | 1798360 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 383798 | BOY |
| EOY | 247299 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 873163 | BOY |
| EOY | 1080196 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 3699010 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2416121 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 798835 | BOY |
| EOY | 1282889 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7166578 | BOY |
| EOY | 7655346 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 225067 | BOY |
| EOY | 76774 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24496657 | BOY |
| EOY | 28395107 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5802607 | BOY |
| EOY | 5105817 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5729643 | BOY |
| EOY | 5765274 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11532250 | BOY |
| EOY | 10871091 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12964407 | BOY |
| EOY | 17524016 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12964407 | BOY |
| EOY | 17524016 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24496657 | BOY |
| EOY | 28395107 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2983280 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | -21751 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 1598080 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 23857023 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 25637399 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 25661342 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 33058306 | CurrentTaxYearMinus1Year |
| Current Tax Year | 31933358 | CurrentTaxYear |
| Total | 140147428 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 23857023 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 25637399 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 25661342 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 33058306 | CurrentTaxYearMinus1Year |
| Current Tax Year | 31933358 | CurrentTaxYear |
| Total | 140147428 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 52217413 | AmountsSubstContributorsTotal |
| Public Support Total170 | 87930015 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1043271 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3158156 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3330322 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3436392 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3441890 | CurrentTaxYear |
| Total | 14410031 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 265119 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 394780 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 155311 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | -200099 | CurrentTaxYearMinus1Year |
| Current Tax Year | 51625 | CurrentTaxYear |
| Total | 666736 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 155224195 | TotalSupport |
| Gross Receipts From Admissions Etc | 33343340 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.56650 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.57200 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| General Explanation | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: HONORARIA - 2008 AMOUNT: $ 77,094. 2009 AMOUNT: $ 54,058. 2010 AMOUNT: $ 89,865. 2011 AMOUNT: $ 59,395. 2012 AMOUNT: $ 30,608. EXCHANGE LOSSES - 2008 AMOUNT: $ 188,025. 2009 AMOUNT: $ 340,722. 2010 AMOUNT: $ 65,446. 2011 AMOUNT: $ -259,494. 2012 AMOUNT: $ 21,017. | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2015868 | OtherCostOrOtherBasis |
| Depreciation | 1394150 | Depreciation |
| Book Value | 621718 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1683142 | OtherCostOrOtherBasis |
| Depreciation | 1021971 | Depreciation |
| Book Value | 661171 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1282889 | TotalOfBookValueLandBuildings |
| Tot Revenue Etc Audited Fincl Stmt | 42201158 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -21751 | NetUnrealizedGainsInvestments |
| Other Revenues | 1598081 | OtherRevenues |
| Revenue Not Rptd F990 | 1576330 | RevenueNotRptdF990 |
| Revenue Subtotal | 40624828 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 40624828 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 37641548 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 37641548 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 37641548 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART XI, LINE 2D - OTHER ADJUSTMENTS: | Identifier |
| Explanation | FAIR VALUE ADJUSTMENT 880,879. EXCHANGE DIFFERENCES ON TRANSLATION 717,202. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (3 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) | 1 | 125 | ALL | SEE SCHEDULE O REFERENCES TO FORM 990, PART III DESCRIPTIONS. | 37178748 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | INVESTMENTS | 7655346 | |||
| EAST ASIA AND THE PACIFIC | 1 | 1 | ALL | SEE SCHEDULE O REFERENCES TO FORM 990, PART III DESCRIPTIONS. | 199345 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 2 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 126 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 2 | TotalNumberOfOffices |
| Total Number Of Employees | 126 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 45033439 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 45033439 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD USED TO ACCCOUNT FOR EXPENDITURES: | Identifier |
| Explanation | SCHEDULE F, PART I, LINE 3: METHOD USED TO ACCOUNT FOR EXPENDITURES: FINANCIAL ACCOUNTS ARE REPORTED IN ACCORDANCE WITH INTERNATIONAL FINANCIAL REPORTING STANDARDS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (14 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MICHEL PRADA | ||||||||||||||
| TRUSTEE, CHAIR | 192464 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 192464 | 0 | 0 | 0 |
| HANS HOOGERVORST | ||||||||||||||
| CHAIRMAN OF IASB | 765326 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 765326 | 0 | 0 | 0 |
| YAEL ALMOG | ||||||||||||||
| EXECUTIVE DIRECTOR | 229636 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22964 | 0 | 252600 | 0 | 0 | 0 |
| MIRANDA CORTI | ||||||||||||||
| DIRECTOR OF OPERATIONS | 279628 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27963 | 0 | 307591 | 0 | 0 | 0 |
| IAN MACKINTOSH | ||||||||||||||
| VICE CHAIRMAN OF IASB | 749308 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 749308 | 0 | 0 | 0 |
| ZHANG WEI-GUO | ||||||||||||||
| IASB MEMBER | 677606 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 677606 | 0 | 0 | 0 |
| PAUL PACTER | ||||||||||||||
| IASB MEMBER | 690790 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 690790 | 0 | 0 | 0 |
| PATRICK FINNEGAN | ||||||||||||||
| IASB MEMBER | 745289 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 745289 | 0 | 0 | 0 |
| PATRICIA MCCONNELL | ||||||||||||||
| IASB MEMBER | 749289 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 749289 | 0 | 0 | 0 |
| PRABHAKAR KALAVACHERLA | ||||||||||||||
| IASB MEMBER | 744581 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 744581 | 0 | 0 | 0 |
| MARVIN CHEUNG | ||||||||||||||
| FORMER TRUSTEE | 17098 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17098 | 0 | 0 | 0 |
| SAMUEL A DIPIAZZA JR | ||||||||||||||
| FORMER TRUSTEE | 25262 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25262 | 0 | 0 | 0 |
| ZHONGLI LIU | ||||||||||||||
| FORMER TRUSTEE | 15584 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15584 | 0 | 0 | 0 |
| T V MOHANDAS PAI | ||||||||||||||
| FORMER TRUSTEE | 20127 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20127 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | SOME IASB BOARD MEMBERS AND TRUSTEES WERE ALLOWED FIRST CLASS FLIGHTS SUBJECT TO INDIVIDUAL APPROVAL BY THE IASB CHAIR, WHERE FLIGHTS WERE GREATER THAN 12 HOURS. HOWEVER, IN NOVEMBER, A NEW STAFF EXPENSE POLICY WAS BROUGHT IN, WHICH RESTRICTS BOARD MEMBERS AND ALL STAFF TO BUSINESS AND ECONOMY CLASS FLIGHTS. A SIMILAR CHANGE WAS MADE TO THE TRUSTEE EXPENSE POLICY SO NOW FIRST CLASS FLIGHTS ARE NOT ALLOWED UNDER THE POLICY. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS ARE UK PAYE SETTLEMENT AGREEMENTS WHERE THE FOUNDATION PAYS THE PAYROLL TAXES RATHER THAN REPORT A TAXABLE BENEFIT TO THE EMPLOYEE. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF THE ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES: | FORM 990, PART I, LINE 1 | THE INTERNATIONAL FINANCIAL REPORTING STANDARDS FOUNDATION HAS TWO MAJOR OPERATING PROGRAMS, WHICH WORK TOWARDS THE GOAL OF PRODUCING AND PROMULGATING A SINGLE SET OF HIGH QUALITY, UNIVERSALLY APPLIED, AND BROADLY ACCEPTED ACCOUNTING STANDARDS. THESE ARE: 1) INTERNATIONAL ACCOUNTING STANDARDS BOARD AND ITS TECHNICAL ACTIVITIES, AND; 2) CONTENT SERVICES, EDUCATION AND RELATED ACTIVITIES. THE OBJECTIVES OF THE IFRS FOUNDATION ARE: (A) TO DEVELOP A SINGLE SET OF HIGH QUALITY, UNDERSTANDABLE, ENFORCEABLE AND GLOBALLY ACCEPTED INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRSS) THROUGH ITS STANDARD-SETTING BODY, THE 'INTERNATIONAL ACCOUNTING STANDARDS BOARD' (THE IASB); (B) TO PROMOTE THE USE AND RIGOROUS APPLICATION OF THOSE STANDARDS; (C) TO TAKE ACCOUNT OF THE FINANCIAL REPORTING NEEDS OF EMERGING ECONOMIES AND SMALL AND MEDIUM-SIZED ENTITIES (SMES); AND (D) TO PROMOTE AND FACILITATE ADOPTION OF IFRSS, BEING THE STANDARDS AND INTERPRETATIONS ISSUED BY THE IASB, THROUGH THE CONVERGENCE OF NATIONAL ACCOUNTING STANDARDS AND IFRSS. |
| PROGRAM SERVICE STATEMENT | FORM 990, PART III, LINE 4A | IN FULFILLING ITS STANDARD-SETTING DUTIES, THE IASB FOLLOWS A THOROUGH, OPEN AND TRANSPARENT DUE PROCESS OF WHICH THE PUBLICATION OF CONSULTATIVE DOCUMENTS, SUCH AS DISCUSSION PAPERS AND EXPOSURE DRAFTS, FOR PUBLIC COMMENT IS AN IMPORTANT COMPONENT. THE IASB ENGAGES CLOSELY WITH STAKEHOLDERS AROUND THE WORLD, INCLUDING INVESTORS, ANALYSTS, REGULATORS, BUSINESS LEADERS, ACCOUNTING STANDARD-SETTERS, AND THE ACCOUNTANCY PROFESSION. THE IFRS FOUNDATION ACHIEVED A GREAT DEAL IN 2012. IN TERMS OF ACHIEVEMENT, COMPANIES IN MORE THAN 100 COUNTRIES ARE NOW REQUIRED OR PERMITTED TO USE IFRSS; MORE THAN TWO THIRDS OF G20 MEMBERS NOW REQUIRE THE USE OF IFRSS AND ALMOST HALF OF FORTUNE GLOBAL 500 COMPANIES REPORT USING IFRSS. IN FEBRUARY 2012, THE TRUSTEES OF THE FOUNDATION COMPLETED THE FOUNDATION'S STRATEGY REVIEW AND PUBLISHED THEIR REPORT IN WHICH THEY SET OUT A SERIES OF RECOMMENDATIONS FOR THE ORGANISATIONS SECOND DECADE. THESE RECOMMENDATIONS ADDRESSED FOUR AREAS: 1) THE IFRS FOUNDATION'S MISSION SPECIFICALLY THE PUBLIC INTEREST SERVED BY THE FOUNDATION'S WORK; 2) GOVERNANCE; 3) THE PROCESS AND PROCEDURES USED BY THE FOUNDATION AND THE IASB; AND 4) THE ORGANISATIONS FUNDING. FOUNDATION STAFF ARE NOW WORKING ON BRINGING ABOUT THE RECOMMENDATIONS ISSUED AS PART OF THIS REVIEW, MOST OF WHICH HAVE BEEN COMPLETED. ON 15 NOVEMBER 2012, THE IFRS FOUNDATION OPENED ITS FIRST INTERNATIONAL OFFICE. THE OFFICE, BASED IN TOKYO, WILL PROVIDE A LOCAL PRESENCE IN THE ASIA-OCEANIA REGION, SUPPORTING GREATER REGIONAL OUTREACH AND PARTICIPATION IN STANDARD-SETTING ACTIVITIES. THE OFFICE WILL PROVIDE SUPPORT TO THE ENTIRE ASIA-OCEANIA REGION WITH MATTERS RELATED TO THE DEVELOPMENT, ADOPTION AND CONSISTENT APPLICATION OF IFRSS. THE OFFICE IS ALSO EXPECTED TO DEVELOP INTO AN IMPORTANT REGIONAL RESEARCH HUB. FROM A FINANCIAL PERSPECTIVE IN 2012 THE FOUNDATION REPORTED AN OPERATING SURPLUS IN ITS FINANCIAL STATEMENTS. THIS WAS PRIMARILY DUE TO A DECREASE IN OPERATING EXPENSES COMPARED TO THE BUDGET SET BY TRUSTEES. SAVINGS WERE PRIMARILY FROM STAFF RELATED COSTS (SALARIES AND TRAVEL). IN 2013, THE TRUSTEES HAVE PUT IN PLACE A BALANCED BUDGET. ADDITIONAL FUNDING IS EXPECTED IN THE YEAR AHEAD, PRIMARILY THROUGH INCREASES IN CONTRIBUTIONS BOTH FROM EXISTING CONTRIBUTORS AND FROM EFFORTS TO INCREASE THE NUMBER OF CONTRIBUTING COUNTRIES. TRUSTEES CONTINUE TO PROGRESS THE FUNDING RECOMMENDATIONS OF THE STRATEGIC REVIEW. EFFORTS TO ENHANCE FUNDING WILL ENSURE THAT THE PROJECTED TARGETS OF THE IASB WORK PLAN AND RANGE OF SERVICES PROVIDED WILL BE MAINTAINED. EFFORTS WILL CONTINUE TO BOLSTER THE FOUNDATION'S FINANCIAL STABILITY BY BUILDING ITS RESERVES. |
| IN DECEMBER 2012, THE IASB CONCLUDED ITS FAR-REACHING PUBLIC CONSULTATION ON ITS FUTURE AGENDA BY RELEASING A FEEDBACK STATEMENT THAT MAPS OUT ITS FUTURE PRIORITIES. FOR MORE INFORMATION ON THE DEVELOPMENT AND PROGRESS OF IFRS'S, OR THE IASB WORK PLAN, TIME TABLE AND PROJECTS AT VARIOUS STAGES OF COMPLETION, PLEASE SEE THE "STANDARDS DEVELOPMENT" SECTION OF THE FOUNDATION'S WEBSITE WWW.IFRS.ORG. | ||
| FORM 990, PART VI, SECTION B, LINE 11 | THE DATA FOR EACH SECTION OF THE 990 IS COMPLETED BY A QUALIFIED EMPLOYEE OR FINANCIAL EXECUTIVE. THE FINANCE MANAGER REVIEWS AND ENTERS ALL DATA. THE COMPLETED FORM AND SUPPORTING DOCUMENTATION ARE REVIEWED BY SENIOR MANAGEMENT. EXTERNAL TAX PROFESSIONALS PROVIDE TECHNICAL ADVICE FOR COMPLIANCE AND ACCURACY AND ALSO PROVIDE ELECTRONIC FILING SERVICES. THE COMPLETED 990 IS SENT TO THE TRUSTEES FOR FINAL REVIEW PRIOR TO SUBMISSION. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE TRUSTEES DEVELOP RULES AND PROCEDURES TO ENSURE THAT THE IASB IS, AND IS SEEN TO BE, INDEPENDENT. THE FOUNDATION'S WRITTEN CONFLICT OF INTEREST POLICY IS AVAILABLE ON ITS WEBSITE. TRUSTEES COMPLETE A DECLARATION OF INTEREST WHEN THEY ARE APPOINTED AND THEN AN ANNUAL DECLARATION EACH YEAR. THE SURVEYS ARE REVIEWED BY THE SECRETARY OF THE TRUSTEES. THE POLICY ALSO REQUIRES TRUSTEES, IASB TECHNICAL MEMBERS AND STAFF DIRECTORS TO NOTIFY ANY CHANGES DURING THE YEAR, WITHIN AT LEAST FOURTEEN (14) DAYS OF BECOMING AWARE OF ANY CHANGES. ANY POTENTIAL CONFLICTS OF INTEREST ARE REFERRED TO THE EXECUTIVE COMMITTEE CONSISTING OF TRUSTEES. THERE WERE NO ITEMS NOTED THAT REQUIRED ACTION. THE SECRETARY OF THE TRUSTEES MAINTAINS THE REGISTER OF INTERESTS WHERE ANY RECORDS OF INTERESTS ARE RECORDED. | |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION AT THE IFRS FOUNDATION IS REVIEWED BY THE HUMAN CAPITAL COMMITTEE, MEMBERS OF WHICH ARE DRAWN FROM THE TRUSTEES OF THE ORGANIZATION WHOSE ROLE IS SOLELY GOVERNANCE RELATED. THESE TRUSTEES WHO HAVE ALL HELD SENIOR POSITIONS IN GOVERNMENT, PUBLIC REGULATORS, BUSINESS, THE ACCOUNTANCY PROFESSION, OR ACADEMIA AND THEREFORE BRING HIGH LEVEL INDEPENDENT, RELEVANT INDUSTRY EXPERIENCE. AS PART OF THE ANNUAL REVIEW CYCLE, THE COMMITTEE MEETS DURING THE YEAR AND DISCUSSES PREVAILING TRENDS ON COMPENSATION AND REMUNERATION. THEY REFERENCE RELEVANT INDICES SUCH AS THE CONSUMER PRICE INDEX AND INFLATION TABLES, TOGETHER WITH TRENDS IN SIMILAR ORGANISATIONS. IN ADDITION, AN INDEPENDENT GLOBAL SPECIALIST REMUNERATION CONSULTANCY FIRM IS USED TO CONDUCT DETAILED BENCHMARKING OF PAY LEVELS FOR EACH ROLE WITHIN THE FOUNDATION, INCLUDING ALL SENIOR POSITIONS, AGAINST A LARGE DATABASE OF EMPLOYERS. RECOMMENDATIONS BY MANAGERS ARE SUBJECT TO DETAILED REVIEWS AND A MODERATION PROCESS. ONCE THE COMMITTEE HAS REVIEWED ALL RELEVANT DATA, THEY WILL PUT FORWARD A RECOMMENDATION TO THE FULL TRUSTEE GROUP FOR APPROVAL. THIS PROCESS IS FOLLOWED FOR ALL EMPLOYEES OF THE ORGANIZATION. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH ITS WEBSITE, WWW.IFRS.ORG. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 9: | FAIR VALUE ADJUSTMENT 880,879. EXCHANGE DIFFERENCES ON TRANSLATION 717,202. ROUNDING -1. |
| OVERSIGHT OF AUDIT: | FORM 990, PART XII, LINE 2C | THERE HAVE BEEN NO CHANGES DURING THE YEAR IN THE PROCESS FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. |
| NUMBER OF EMPLOYEES: | FORM 990, PART I, LINE 5 AND PART V, LINE 2A | THE FOUNDATION HAD 127 EMPLOYEES. 1 EMPLOYEE IS U.S. BASED, AND THE REMAINING 126 ARE NON-U.S. BASED AND REPORTED ON SCHEDULE F, PART 1. OF THE 5 EMPLOYEES RECEIVING W-2S REPORTED ON PARTS I AND IV OF FORM 990, ONLY 1 IS US BASED. |