2023-05-15T12:25:02-05:00 2022-06-30 221478099 COHNREZNICK LLP 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2021-07-01 521651248 ENTREPRENEURS ORGANIZATION ENTR 7035196700 500 MONTGOMERY STREET SUITE 700 ALEXANDRIA VA 22314 DEBORAH RAINEY COO & INTERIM CEO 7035196700 2023-05-13 1 DEBORAH RAINEY 999009999 DANIEL O'SHEA P00957510 3016529100 2023-05-11 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DEBORAH RAINEY 500 MONTGOMERY STREET SUITE 700 ALEXANDRIA VA 22314 59913316 0 X WWW.EONETWORK.ORG X 1987 DC TO ENGAGE LEADING ENTREPRENEURS TO LEARN AND GROW. 10 9 87 350 0 0 1377752 0 31607386 50094948 338506 680360 373267 297693 33696911 51073001 0 0 0 0 12609932 17461992 0 0 0 25622797 34905192 38232729 52367184 -4535818 -1294183 61864158 71495615 41183966 54047340 20680192 17448275 X TO ENGAGE LEADING ENTREPRENEURS TO LEARN AND GROW. 0 0 16657036 41683662 CHAPTER DEVELOPMENT -- THE EO CHAPTER BASE GREW TO 215 WORLDWIDE, SERVICING OVER 17,200+ MEMBERS. EO INTERNATIONAL WAS INSTRUMENTAL IN THE FORMATION OF NEW START-UP CHAPTERS, AS WELL AS GROWING AND MAINTAINING EXISTING CHAPTERS. THE MAIN CONTRIBUTIONS INCLUDE ESTABLISHING SYSTEMS AND PROCEDURES, TRAINING OF A LOCAL EXECUTIVE BOARD, AND MAINTENANCE OF THE MEMBERSHIP BASE. 10248028 224835 LEARNING AND LEADERSHIP -- EO SUPPORTS ITS MEMBERSHIP THROUGH PRODUCTS AND SERVICES THAT ADD TO MEMBER VALUE. BEING A LEARNING BASED ORGANIZATION, MOST OF THE PRODUCTS DEVELOPED BY EO ARE DELIVERED THROUGH DIFFERENT LEARNING FORMATS. SOME PRODUCTS ARE, CHAPTER LEARNING TOURS, EO24, VIRTUAL LEARNING, MENTORSHIP AND MYEO. 5136687 5868768 CONFERENCES AND FORUMS -- EO CONDUCTED ELEVEN CONFERENCES LAST FISCAL YEAR. THESE CONFERENCES PROVIDE AMPLE LEARNING OPPORTUNITY TO ITS MEMBERS IN VARIOUS FORMATS (GENERAL SESSIONS WITH TOP SPEAKERS, LEARNING TRACKS THAT RANGE FROM BUSINESS TO SOCIAL IMPACTS AND OFFSITE LEARNING ACTIVITIES THAT INCLUDE SPENDING A FEW HOURS WITH THE CEO'S OF LOCAL COMPANIES). EO FORUMS PROVIDE LEARNING TO EACH MEMBER ON A PEER TO PEER BASIS AND THEY MEET MONTHLY. 14714518 2401378 OTHER PROGRAM EXPENSES - STRATEGIC COMMUNICATIONS, INFORMATION SYSTEMS DEVELOPMENT, BUSINESS DEVELOPMENT, ORGANIZATIONAL LEADERSHIP AND GLOBAL RESOURCES 14714518 2401378 46756269 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 82 0 1 87 1 0 1 CA UK 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X SANDEEP DHAR 7035196700 500 MONTGOMERY STREET SUITE 700 ALEXANDRIA VA 22314 AJAY AGARWAL DIRECTOR 10.00 X X 0 0 0 DAVID ANDERSON CHAIRMAN 10.00 X X 0 0 0 HUGH MASSIE DIRECTOR 10.00 X 0 0 0 HUGO SALINAS DIRECTOR 10.00 X 0 0 0 KARL FUNKE DIRECTOR 10.00 X 3000 0 0 LYNN ANSTETT DIRECTOR 10.00 X 0 0 0 MARC STOCKLI CHAIRMAN ELECT 10.00 X 65250 0 0 RICH WALLER DIRECTOR 10.00 X 0 0 0 SHARON VALIRAM DIRECTOR 10.00 X 0 0 0 WINNIE HART DIRECTOR 10.00 X 0 0 0 CARRIE SANTOS CEO 40.00 X 400583 0 28858 SANDEEP DHAR CFO 40.00 X 336550 0 14112 BETH MARCHESSAULT SVP, GOVERNANCE & SECRETARY TO THE GLOBAL BOARD 40.00 X 152125 0 6585 MARY DENLER CIO 40.00 X 237903 0 22351 PANKAJ YADAVA SVP, PRODUCTS 40.00 X 244433 0 17627 KYLE PHILLIPS VP, TECHNOLOGY 40.00 X 139981 0 6099 LEAH MERCADO VP, EVENTS 40.00 X 143149 0 10130 MATT LEEDHAM VP OF REGIONAL AND CHAPTER HEALTH 40.00 X 162453 0 10902 NORMAN GRAZIANI VP, CHANGE ENABLEMENT 40.00 X 151085 0 10447 RUSSELL GARVEY VP, ACCOUNTING & FINANCE 40.00 X 141687 0 6167 2178199 0 133278 20 0 1 0 GUISE SMITH & ASSOCIATES 4718 HAZEL WOOD CIRCLE NASHVILLE TN 37220 RECRUITMENT DRIVES AND TRAININGS 555900 LANNY BROMFIELD 14360 SHADOWRIDGE COURT HUGHESVILLE MD 20637 CONSULTING WORK ON SYS. IMPLEMENTATION 142000 INTEGRATED COACHING LLC 1749 LYMAN PLACE NE WASHINGTON DC 20002 HUMAN RESOURCE CONSULTING 125900 ANNA BIRCH 21498 BLUE RIDGE MTN RD PARIS VA 20130 FACILITATION FEE FOR FORUM TRAININGS 106500 4 MEMBERSHIP DUES 900099 43080558 43080558 CONFERENCES & FORUMS 900099 7014390 7014390 50094948 604762 604762 213998 213998 8915913 8840315 75598 75598 75598 83695 83695 83695 51073001 50178643 0 894358 1630914 1451513 179401 13164279 11716207 1448072 288344 256626 31718 1470936 1309133 161803 907519 807692 99827 150840 721 150119 43245 43245 2569860 2378674 191186 2472700 2431084 41616 2097799 364015 1733784 2175256 2157623 17633 442403 393737 48666 3128678 2323890 804788 15376887 14731829 645058 CHAPTER & REGIONAL SUPP 6447524 6433525 13999 52367184 46756269 5610915 0 15 15 41283941 50957336 129718 57698 491055 707543 1685413 1685413 0 0 19066526 19030407 892903 742616 61864158 71495615 6487915 12881982 33789140 40712955 906911 452403 41183966 54047340 X 20680192 17448275 20680192 17448275 61864158 71495615 X -1294183 -2176591 238857 X 0 1 X 1 0 X 1377752 1377752 38034323 47187985 44229313 31607386 50094948 211153955 38034323 47187985 44229313 32985138 50094948 212531707 0 0 0 212531707 650898 1093529 1287621 1123389 894358 5049795 650898 1093529 1287621 1123389 894358 5049795 30271 27750 1298 141826 83695 284840 38715492 48309264 45518232 34250353 51073001 217866342 0.97550 0.97670 0.02320 0.02220 X 885768 885768 0 290598 290598 0 509047 509047 0 0 LEASE LIABILITY - OFFICE SPACE 443241 LEASE LIABILITY - STORAGE 9162 452403 X 48896410 -2176591 -2176591 51073001 0 51073001 52367721 537 537 52367184 0 52367184 PART X, LINE 2: EO IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). DUE TO ITS TAX-EXEMPT STATUS, EO IS NOT SUBJECT TO INCOME TAXES ON REVENUE THAT IS GENERATED RELATED TO ITS EXEMPT PURPOSE. EO IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE ("IRS") AND OTHER TAXING AUTHORITIES. INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO EO'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. DURING THE YEARS ENDED JUNE 30, 2022 AND 2021, EO DID NOT EARN ANY UNRELATED BUSINESS INCOME FROM ITS ACTIVITIES. EO BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. EO RECOGNIZES INTEREST AND PENALTIES EXPENSE RELATED TO UNCERTAIN TAX POSITIONS IN MANAGEMENT AND GENERAL EXPENSES ON THE CONSOLIDATED STATEMENTS OF ACTIVITIES AND CHANGE IN NET ASSETS. EO REPORTED NO PENALTIES AND INTEREST RELATED TO UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED JUNE 30, 2022 AND 2021. INCOME TAX RETURNS FILED BY EO ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2018 REMAIN OPEN. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY REVENUE INCLUDED ON CONSOLIDATED FINANCIAL STATEMENTS PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY EXPENSES INCLUDED ON CONSOLIDATED FINANCIAL STATEMENTS 537. CENTRAL AMERICA AND THE CARIBBEAN 0 2 PROGRAM SERVICES LEARNING ACTIVITIES, CHAPTER DEVELOPMENT, FORUM TRAININGS AND CONFERENCES. 1250000 EAST ASIA AND THE PACIFIC 0 27 PROGRAM SERVICES LEARNING ACTIVITIES, CHAPTER DEVELOPMENT, FORUM TRAININGS AND CONFERENCES. 5056800 EUROPE (INCLUDING ICELAND & GREENLAND) 0 10 PROGRAM SERVICES LEARNING ACTIVITIES, CHAPTER DEVELOPMENT, FORUM TRAININGS AND CONFERENCES. 4850350 MIDDLE EAST AND NORTH AFRICA 0 1 PROGRAM SERVICES LEARNING ACTIVITIES, CHAPTER DEVELOPMENT, FORUM TRAININGS AND CONFERENCES. 1765800 NORTH AMERICA 0 23 PROGRAM SERVICES LEARNING ACTIVITIES, CHAPTER DEVELOPMENT, FORUM TRAININGS AND CONFERENCES. 4258500 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES LEARNING ACTIVITIES, CHAPTER DEVELOPMENT, FORUM TRAININGS AND CONFERENCES. SOUTH AMERICA 0 1 PROGRAM SERVICES LEARNING ACTIVITIES, CHAPTER DEVELOPMENT, FORUM TRAININGS AND CONFERENCES. 1150000 SOUTH ASIA 0 16 PROGRAM SERVICES LEARNING ACTIVITIES, CHAPTER DEVELOPMENT, FORUM TRAININGS AND CONFERENCES. 3865000 SUB-SAHARAN AFRICA 0 6 PROGRAM SERVICES LEARNING ACTIVITIES, CHAPTER DEVELOPMENT, FORUM TRAININGS AND CONFERENCES. 1325500 0 80 0 6 0 86 22196450 1325500 23521950 0 0 1 0 0 0 PART III ACCOUNTING METHOD: X X 0 0 0 0 0 0 0 1 0 CARRIE SANTOS CEO 306174 0 94409 0 0 0 16023 0 12835 0 429441 0 0 0 SANDEEP DHAR CFO 270300 0 66250 0 0 0 13462 0 650 0 350662 0 0 0 PANKAJ YADAVA SVP, PRODUCTS 244433 0 0 0 0 0 9777 0 7850 0 262060 0 0 0 MARY DENLER CIO 227603 0 10300 0 0 0 9516 0 12835 0 260254 0 0 0 MATT LEEDHAM VP OF REGIONAL AND CHAPTER HEALTH 127453 0 35000 0 0 0 6498 0 4404 0 173355 0 0 0 NORMAN GRAZIANI VP, CHANGE ENABLEMENT 143585 0 7500 0 0 0 6043 0 4404 0 161532 0 0 0 BETH MARCHESSAULT SVP, GOVERNANCE & SECRETARY TO THE G 147125 0 5000 0 0 0 6085 0 500 0 158710 0 0 0 LEAH MERCADO VP, EVENTS 133149 0 10000 0 0 0 5726 0 4404 0 153279 0 0 0 PART I, LINE 7 IN 2021, PERFORMANCE BONUSES WERE PAID TO ELIGIBLE EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 6 THERE IS ONLY ONE CLASS OF MEMBERS, AND ALL MEMBERS HAVE EQUAL VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A GLOBAL BOARD CANDIDATES ARE SELECTED THROUGH AN APPLICATION AND INTERVIEW PROCESS. THE PROPOSED SLATE IS SENT TO THE GENERAL MEMBERSHIP TO REVIEW AND VOTE ON EACH CANDIDATE. A MAJORITY VOTE CAST SHALL CONSTITUTE APPROVAL OF A CANDIDATE. THERE IS ONLY ONE CLASS OF MEMBER AND ALL MEMBERS HAVE EQUAL VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7B THE GOVERNANCE COMMITTEE, MADE UP OF MEMBER VOLUNTEERS, IS RESPONSIBLE FOR ALL MEMBERSHIP DISCIPLINARY RECOMMENDATIONS TO THE BOARD OF DIRECTORS. ULTIMATELY THE BOARD OF DIRECTORS IS RESPONSIBLE FOR ALL GOVERNANCE AND OVERSIGHT CONCERNS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE STANDING FINANCE COMMITTEE AND BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY AND THE STATEMENTS ARE MONITORED AND REVIEWED BY THE GOVERNANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS PERFORMS AN ANNUAL EVALUATION OF THE CEO AND THAT IS TIED TO COMPENSATION AS WELL AS THE EMPLOYMENT CONTRACT. THE CEO PERFORMS AN ANNUAL REVIEW FOR EACH MEMBER OF THE EXECUTIVE TEAM. ANY POTENTIAL BONUSES, WHICH ARE TIED TO ORGANIZATION METRICS FOR THE EXECUTIVE TEAM ARE APPROVED BY THE BOARD OF DIRECTORS. FOR OTHER KEY EMPLOYEES OF THE ORGANIZATION, THE CEO REVIEWS THEIR COMPENSATION ON AN ANNUAL BASIS. OUTSIDE COMPENSATION TOOLS ARE USED ON AN ANNUAL BASIS FOR BENCHMARKING. FORM 990, PART VI, SECTION C, LINE 19 EO MAINTAINS A WEBSITE WHERE ITS BYLAWS, POLICIES AND PROCEDURES, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE. FORM 990, PART XI, LINE 9: NET ASSET ADJUSTMENT RELATED TO AFFILIATE 238,857. ENTREPRENEURS' FOUNDATION 1250-1500 WEST GEORGIA STREET VANCOUVER BRITISH COLUMBIA CA V6G 2Z6 CHARITABLE CA 501(C)(3) EO 1 ENTREPRENEURS ORGANISATION EUROPE LMTE 11 ST JAMESS PLACE LONDON UK SW1A1NP EDUCATION UK ENTREPRE ORG C -537 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0