2024-05-15T10:40:36-05:00 2023-06-30 221478099 COHNREZNICK LLP 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2022-07-01 521651248 ENTREPRENEURS ORGANIZATION ENTR 7035196700 500 MONTGOMERY STREET SUITE 600 ALEXANDRIA VA 22314 DEBORAH RAINEY COO & INTERIM CEO 7035196700 2024-05-15 1 DEBORAH RAINEY 999009999 1 X DANIEL O'SHEA P00957510 3016529100 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X DEBORAH RAINEY 500 MONTGOMERY STREET SUITE 600 ALEXANDRIA VA 22314 66939967 0 X WWW.EONETWORK.ORG X 1987 DC TO ENGAGE LEADING ENTREPRENEURS TO LEARN AND GROW. 10 10 106 350 0 0 0 38049 50094948 60961917 680360 1014473 297693 724916 51073001 62739355 0 0 0 0 17461992 20923196 0 0 0 34905192 42023382 52367184 62946578 -1294183 -207223 71495615 71133381 54047340 54185389 17448275 16947992 X TO ENGAGE LEADING ENTREPRENEURS TO LEARN AND GROW. 0 0 14676648 1847659 CHAPTER DEVELOPMENT -- THE EO CHAPTER BASE GREW TO 220 WORLDWIDE, SERVICING OVER 18,300+ 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. 13760968 51310826 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, VIRTUAL LEARNING, LEADERSHIP DEVELOPMENT AND MYEO. 7204476 6133642 CONFERENCES AND FORUMS -- EO CONDUCTED THIRTEEN 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. 17146394 1697913 OTHER PROGRAM EXPENSES -- STRATEGIC COMMUNICATIONS, INFORMATION SYSTEMS DEVELOPMENT, BUSINESS DEVELOPMENT, ORGANIZATIONAL LEADERSHIP AND GLOBAL RESOURCES 17146394 1697913 52788486 1 1 0 0 0 0 0 0 0 0 0 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 96 0 1 106 1 0 1 CA UK 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X RUSSELL GARVEY 7035196700 500 MONTGOMERY STREET SUITE 600 ALEXANDRIA VA 22314 LYNN ANSTETT CHAIR ELECT 10.00 X 0 0 0 JAIME PUJARA DIRECTOR 10.00 X 0 0 0 AJAY AGARWAL CHAIR OF STANDING FINANCE COMMITTEE 10.00 X X 0 0 0 MARC STOCKLI CHAIR 10.00 X X 12000 0 0 DAVID NILSSEN DIRECTOR 10.00 X 0 0 0 HUGO SALINAS DIRECTOR 10.00 X 0 0 0 CHANG NG DIRECTOR 10.00 X 0 0 0 RICH WALLER DIRECTOR 10.00 X 0 0 0 SHARON VALIRAM DIRECTOR 10.00 X 0 0 0 JULIE VERGARA DIRECTOR 10.00 X 0 0 0 CAROL SANTOS CEO (UNTIL 01/2023) 40.00 X 469037 0 28833 SANDEEP DHAR CFO 40.00 X 380120 0 12849 DEBORAH RAINEY COO & INTERIM CEO 40.00 X 246697 0 26162 BETH MARCHESSAULT SVP, GOVERNANCE & SECRETARY 40.00 X 185524 0 8068 PANKAJ YADAVA SVP, PRODUCTS 40.00 X 235981 0 19802 MARY DENLER CIO (UNTIL 10/2022) 40.00 X 318492 0 20934 MARIA MONTEIRO SVP, BRAND & GROWTH 40.00 X 325800 0 21712 RYAN NOLL VP, PEOPLE & CULTURE 40.00 X 204208 0 16040 NORMAN GRAZIANI VP, CHANGE ENABLEMENT(UNTIL 03/2023) 40.00 X 168467 0 12525 RUSSELL GARVEY VP, ACCOUNTING & FINANCE 40.00 X 176701 0 7715 REBECCA ROEMEN VP, DEVELOPMENT 40.00 X 160495 0 12081 AMY SCARAMELLA VP, BRAND MANAGEMENT 40.00 X 170219 0 23107 3053741 0 209828 35 0 1 0 GENIECAST LLC 200 N BROADWAY 1550 ST LOUIS MO 63101 SPEAKER FEES 513729 GUISE SMITH AND ASSOCIATES 4718 HAZET WOOD CIRCLE NASHVILLE TN 37220 RECRUITMENT CONSULTING FEE 462100 ADVANCE YOUR RESEARCH LLC PO BOX 63138 COLORADO SPRINGS CO 80920 SPEAKER CERTIFICATE PROGRAM FEE 148650 ANNA BIRCH 21498 BLUE RIDGE MTN RD PARIS VA 20130 FACILITATION FEE FOR FORUM TRAININGS 111250 RAVI MITTAL 10113 MARTIN AVE GLENN DALE MD 20769 ACCOUNTING CONSULTING FEES 105400 5 38049 38049 MEMBERSHIP DUES 900099 52738992 52738992 CONFERENCES & FORUMS 900099 8222925 8222925 60961917 853201 853201 696793 696793 4361884 4200612 161272 161272 161272 28123 28123 28123 62739355 60990040 0 1711266 1884417 1677132 207285 16012893 14251478 1761415 361301 321558 39743 1377034 1225560 151474 1287551 1145920 141631 274515 274515 48245 48245 2866347 2069001 797346 3419856 3379606 40250 2946821 511124 2435697 3000422 2984845 15577 366002 325742 40260 5029673 3391847 1637826 17095576 16348536 747040 CHAPTER & REGIONAL SUPP 5164726 5156137 8589 LOSS CONTINGENCY 1811199 1811199 62946578 52788486 10158092 0 15 50957336 23253753 57698 1480468 707543 1928227 0 0 19030407 42582116 1556956 742616 331861 71495615 71133381 12881982 8727876 40712955 43895856 452403 1561657 54047340 54185389 X 17448275 16947992 17448275 16947992 71495615 71133381 -207223 -293060 0 X 0 1 X 1 0 X 1377752 38049 1415801 47187985 44229313 31607386 50094948 60961617 234081249 47187985 44229313 32985138 50094948 60999666 235497050 0 0 0 235497050 1093529 1287621 1123389 894358 1549994 5948891 1093529 1287621 1123389 894358 1549994 5948891 27750 1298 141826 83695 28123 282692 48309264 45518232 34250353 51073001 62577783 241728633 0.97420 0.97550 0.02460 0.02320 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2018 AMOUNT: $ 27,750. 2019 AMOUNT: $ 1,298. 2020 AMOUNT: $ 141,826. 2021 AMOUNT: $ 83,695. 2022 AMOUNT: $ 28,123. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 OPERATING LEASE LIABILITY 1561657 1561657 X 60635096 -293060 -1811199 -2104259 62739355 0 62739355 61135379 0 61135379 1811199 1811199 62946578 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, 2023 AND 2022, 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, 2023 AND 2022. 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 2020 REMAIN OPEN. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS CONTINGENCY NETTED WITH REVENUE ON THE AUDITED FINANCIAL STATEMENTS -1,811,199. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS CONTINGENCY NETTED WITH REVENUE ON THE AUDITED FINANCIAL STATEMENTS 1,811,199. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 3 PROGRAM SERVICES LEARNING ACTIVITIES, CHAPTER DEVELOPMENT, FORUM TRAININGS AND CONFERENCES. 1185670 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 14 PROGRAM SERVICES LEARNING ACTIVITIES, CHAPTER DEVELOPMENT, FORUM TRAININGS AND CONFERENCES. 2985720 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 9 PROGRAM SERVICES LEARNING ACTIVITIES, CHAPTER DEVELOPMENT, FORUM TRAININGS AND CONFERENCES. 3354290 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 2 PROGRAM SERVICES LEARNING ACTIVITIES, CHAPTER DEVELOPMENT, FORUM TRAININGS AND CONFERENCES. 875600 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 22 PROGRAM SERVICES LEARNING ACTIVITIES, CHAPTER DEVELOPMENT, FORUM TRAININGS AND CONFERENCES. 3050900 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 1 PROGRAM SERVICES LEARNING ACTIVITIES, CHAPTER DEVELOPMENT, FORUM TRAININGS AND CONFERENCES. 625000 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 15 PROGRAM SERVICES LEARNING ACTIVITIES, CHAPTER DEVELOPMENT, FORUM TRAININGS AND CONFERENCES. 2125450 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES LEARNING ACTIVITIES, CHAPTER DEVELOPMENT, FORUM TRAININGS AND CONFERENCES. 2435880 0 66 0 0 0 66 16638510 0 16638510 0 0 1 0 0 0 PART III ACCOUNTING METHOD: X 1 0 0 0 0 0 0 1 0 CAROL SANTOS CEO (UNTIL 01/2023) 404434 0 63700 0 903 0 12667 0 16166 0 497870 0 0 0 SANDEEP DHAR CFO 303917 0 75300 0 903 0 12037 0 812 0 392969 0 0 0 MARIA MONTEIRO SVP, BRAND & GROWTH 252654 0 71875 0 1271 0 9384 0 12328 0 347512 0 0 0 MARY DENLER CIO (UNTIL 10/2022) 216827 0 0 0 101665 0 7912 0 13022 0 339426 0 0 0 DEBORAH RAINEY COO & INTERIM CEO 246382 0 0 0 315 0 9996 0 16166 0 272859 0 0 0 PANKAJ YADAVA SVP, PRODUCTS 234466 0 0 0 1515 0 9563 0 10239 0 255783 0 0 0 RYAN NOLL VP, PEOPLE & CULTURE 185251 0 15000 0 3957 0 5285 0 10755 0 220248 0 0 0 BETH MARCHESSAULT SVP, GOVERNANCE & SECRETARY 185025 0 300 0 199 0 7344 0 724 0 193592 0 0 0 AMY SCARAMELLA VP, BRAND MANAGEMENT 169783 0 0 0 436 0 6989 0 16118 0 193326 0 0 0 RUSSELL GARVEY VP, ACCOUNTING & FINANCE 176417 0 0 0 284 0 6989 0 726 0 184416 0 0 0 NORMAN GRAZIANI VP, CHANGE ENABLEMENT(UNTIL 03/2023) 162719 0 5000 0 748 0 6528 0 5997 0 180992 0 0 0 REBECCA ROEMEN VP, DEVELOPMENT 158826 0 1500 0 169 0 6357 0 5724 0 172576 0 0 0 PART I, LINE 4A IN 2022, THE EXITING CIO RECEIVED A SEVERANCE PACKAGE OF $101,138. PART I, LINE 7 IN 2022, 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. 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 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0