2026-08-31T15:06:53-05:00 2025-12-31 470900880 CALIBRE CPA GROUP PLLC 7501 WISCONSIN AVENUE SUITE 1200 WEST BETHESDA MD 20814 990 2025-01-01 521930922 CENTER FOR STRATEGIC AND BUDGETARY ASSESSMENTS CENT 2023317990 1667 K STREET NW NO 900 WASHINGTON DC 20006 JOHN GUZMAN CFAO 2023317990 2026-08-31 1 ERIN CRANMER P01712644 2023319880 2026-08-31 2025 JOHN GUZMAN 1667 K STREET NW NO 900 WASHINGTON DC 20006 6109666 0 X WWW.CSBAONLINE.ORG X 1995 DC CONDUCT INDEPENDENT NONPARTISAN RESEARCH ON U.S. DEFENSE POLICY, MILITARY STRATEGY, DEFENSE SPENDING, AND DEFENSE ECONOMIC POLICIES, DISSEMINATE THE RESULTS TO POLICYMAKERS, PUBLIC OPINION LEADERS AND OTHER DEFENSE PROFESSIONALS. 8 8 24 8 0 0 5235235 2764849 0 3026701 2428 1313 10000 314803 5247663 6107666 0 0 0 0 3668093 4035739 0 0 277082 2074692 1705255 5742785 5740994 -495122 366672 6337780 6153807 5803501 5272899 534279 880908 CONDUCT INDEPENDENT NONPARTISAN RESEARCH ON U.S. DEFENSE POLICY, MILITARY STRATEGY, DEFENSE SPENDING, AND DEFENSE ECONOMIC POLICIES, DISSEMINATE THE RESULTS TO POLICYMAKERS, PUBLIC OPINION LEADERS AND OTHER DEFENSE PROFESSIONALS. 0 0 4510791 3026701 STRATEGIC STUDIES: RESEARCH, ANALYSIS, AND PUBLIC EDUCATION ACTIVITIES ON MILITARY STRATEGY, POLICY, AND OPERATIONS. THIS PROGRAM FOCUSES ON THE IMPACT OF THE CHANGING INTERNATIONAL SECURITY ENVIRONMENT ON THE U.S. MILITARY; THE PLANS AND ACTIONS ADVANCED BY THE DEFENSE DEPARTMENT, MILITARY SERVICES, AND U.S. CONGRESS TO RESPOND TO THREATS AND CHALLENGES; AND OPTIONS FOR THE FUTURE. 237351 DEFENSE BUDGET STUDIES: RESEARCH AND ANALYSIS OF THE ANNUAL DEFENSE DEPARTMENT BUDGET REQUEST AND CONGRESSIONAL ACTION ON THE DEFENSE AUTHORIZATION AND APPROPRIATIONS BILLS, PROVIDING HISTORICAL TREND ANALYSES, PROJECTED SPENDING ESTIMATES, AND IN-DEPTH ASSESSMENTS OF WEAPON SYSTEM AND FORCE STRUCTURE INVESTMENTS. 4748142 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 25 0 1 24 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JOHN GUZMAN 2027191340 1667 K ST NW SUITE 900 WASHINGTON DC 20006 BARBARA HUMPTON DIRECTOR 1.00 X 0 0 0 ANITA ANTENUCCI DIRECTOR 1.00 X 0 0 0 DEVON GAFFNEY CROSS DIRECTOR 1.00 X 0 0 0 RANDY FORBES DIRECTOR 1.00 X 0 0 0 GENERAL JOHN M KEANE DIRECTOR 1.00 X 0 0 0 GENERAL PAUL SELVA DIRECTOR 1.00 X 0 0 0 LAURENCE ZURIFF DIRECTOR 1.00 X 0 0 0 ADMIRAL PHIL DAVIDSON DIRECTOR 1.00 X 0 0 0 THOMAS G MAHNKEN PRESIDENT AND CEO 40.00 X 456971 0 81383 JOHN GUZMAN CFAO / TREASURER & SECRETARY 40.00 X 170795 0 40777 EVAN B MONTGOMERY VP FOR RESEARCH AND STUDIES 40.00 X 212329 0 54458 TOSHI YOSHIHARA SENIOR FELLOW 40.00 X 221470 0 67716 JAN VAN TOL SENIOR FELLOW 40.00 X 245090 0 31640 TRAVIS SHARP SENIOR FELLOW 40.00 X 179841 0 47348 THANE CLARE SENIOR FELLOW 40.00 X 183855 0 21743 GREGORY P MALANDRINO SENIOR FELLOW 40.00 X 178500 0 21035 1848851 0 366100 12 0 1 0 EDELMAN CONSULTING 2152 AQUIA DRIVE STRAFFORD VA 22554 CONSULTING SERVICES 222160 1 2764849 2764849 SERVICE REVENUE 900099 3026701 3026701 3026701 1313 1313 4525 0 4525 4525 4525 2000 2000 0 0 310278 310278 310278 6107666 3026701 0 316116 1016712 636050 212053 168609 2330359 2149776 118932 61651 190223 170422 17155 2646 273819 262153 594 11072 224626 189692 20554 14380 346201 105200 241001 693 693 305125 305125 149038 132194 16844 702630 666801 35829 21582 5601 15981 44902 38823 3336 2743 22558 22558 PUBLICATION, DUES, AND 39532 39403 129 FEES AND HONORARIA 36173 36173 OTHER DIRECT COSTS 25079 10468 14611 BANK FEES 8486 261 8225 3256 3256 5740994 4748142 715770 277082 858636 1120920 23100 333750 595575 390859 6122 2489 2763757 2763757 4071358 0 130832 135866 652157 4169923 6337780 6153807 106157 381489 0 641 5696703 4891410 5803501 5272899 X 534279 880908 534279 880908 6337780 6153807 366672 4414 -24457 0 X X 0 1 X 1 0 X 3920427 3950549 5749150 5235235 2764849 21620210 3920427 3950549 5749150 5235235 2764849 21620210 7765303 13854907 5779 7203 3013 2397 5838 24230 8394 8450 1875 10000 310278 338997 21983437 4855945 0.63020 0.56830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2760514 2760514 0 1839 1839 0 1404 1404 0 0 OPERATING LEASE RIGHT OF USE ASSET 4169923 4169923 OPERATING LEASE LIABILITY 4891410 4891410 X 6111387 4414 4414 6106973 693 693 6107666 5740301 0 5740301 693 693 5740994 PART X, LINE 2: CSBA FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ACCOUNTING STANDARDS CODIFICATION TOPIC 740-10, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT IS CSBA'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSES. CSBA PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2025 AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. THE STATUTE OF LIMITATIONS GENERALLY REMAINS OPEN FOR THREE TAX YEARS WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH CSBA FILES TAX RETURNS. X 0 1 X 0 0 0 0 0 0 0 1 0 THOMAS G MAHNKEN PRESIDENT AND CEO 349471 0 107500 0 0 0 46331 0 35052 0 538354 0 0 0 TOSHI YOSHIHARA SENIOR FELLOW 206470 0 15000 0 0 0 22588 0 45128 0 289186 0 0 0 JAN VAN TOL SENIOR FELLOW 235090 0 10000 0 0 0 24534 0 7106 0 276730 0 0 0 EVAN B MONTGOMERY VP FOR RESEARCH AND STUDIES 197329 0 15000 0 0 0 21537 0 32921 0 266787 0 0 0 TRAVIS SHARP SENIOR FELLOW 169841 0 10000 0 0 0 18911 0 28437 0 227189 0 0 0 JOHN GUZMAN CFAO / TREASURER & SECRETARY 165795 0 5000 0 0 0 7070 0 33707 0 211572 0 0 0 THANE CLARE SENIOR FELLOW 182855 0 1000 0 0 0 18386 0 3357 0 205598 0 0 0 GREGORY P MALANDRINO SENIOR FELLOW 168500 0 10000 0 0 0 17850 0 3185 0 199535 0 0 0 PART I, LINE 1A THE COMPANY PAYS THE MEMBERSHIP OF THE COSMOS CLUB FOR THE PRESIDENT AND CEO. PART I, LINE 1B THERE IS ONLY ONE CLUB AND ONE INDIVIDUAL BENEFICIARY OF THE MEMBERSHIP. NO WRITTEN POLICIES HAVE BEEN DEVELOPED FOR IT. PART I, LINE 7 BONUS PAYMENTS ARE APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT VERSION OF THE FEDERAL FORM 990 IS REVIEWED BY THE MANAGEMENT GROUP, CONSISTING OF THE PRESIDENT/EXECUTIVE DIRECTOR, SECRETARY/TREASURER, AND THE VP OF STUDIES. MEMBERS OF THE BOARD OF DIRECTORS ALSO RECEIVE A COPY OF THE DRAFT FEDERAL FORM 990 FOR REVIEW BEFORE THE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BODY OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, THEY SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE, IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BODY OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 CSBA'S COMPENSATION COMMITTEE, EXECUTIVE COMMITTEE, AND FULL BOARD OF DIRECTORS ANNUALLY REVIEW AND APPROVE THE PRESIDENT'S COMPENSATION AND THAT OF OTHER EMPLOYEES. NEITHER THE PRESIDENT OR ANY CSBA STAFF ARE VOTING MEMBERS OF THE GOVERNING BODY OR ITS COMMITTEES. IN MAKING ITS RECOMMENDATIONS, THE COMPENSATION COMMITTEE RELIES ON COMPARABLE COMPENSATION FOR SIMILAR QUALIFED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARY SITUATED ORGANIZATIONS. THE DATA IS FIRST REVIEWED BY THE COMPENSATION COMMITTEE, AND THEN PRESENTED WITH RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE, WHICH REPORTS ITS RECOMMENDATIONS TO THE FULL BOARD OF DIRECTORS PRIOR TO TAKING A VOTE ON THE PRESIDENT'S COMPENSATION. THE RESULTS OF THESE DELIBERATIONS ARE RECORDED IN THE MINUTES OF THE EXECUTIVE COMMITTEE AND THE MINUTES OF THE BOARD OF DIRECTORS. THE COMPARABLE DATA SURVEY FOR THE PRESIDENT, VICE PRESIDENT, CAO, AND HIGHLY COMPENSATED EMPLOYEES WAS PROVIDED TO CSBA'S GOVERNING BODY BY PRM CONSULTING GROUP IN AN ANNUAL COMPENSATION SURVEY REPORT. THE CHAIRMAN OF THE BOARD ALSO REPORTED TO THE COMPENSATION COMMITTEE, EXECUTIVE COMMITTEE, AND FULL BOARD OF DIRECTORS ON HIS DISCUSSIONS WITH PRM CONSULTING GROUP IN ADVANCE OF MAKING THE FOLLOWING FISCAL YEAR COMPENSATION DECISIONS. THE PRESIDENT IS AUTHORIZED TO ESTABLISH THE SALARIES AND BONUSES OF THE CAO AND THE VICE PRESIDENT OF STUDIES SUBJECT TO APPROVAL BY THE EXECUTIVE COMMITTEE, WHICH THE COMMITTEE EVENTUALLY APPROVES THE SALARIES OF ALL EMPLOYEES AT CSBA. CSBA CONDUCTS EXTERNAL THIRD PARTY COMPENSATION REVIEWS EVERY THREE YEARS. FORM 990, PART VI, SECTION C, LINE 19 CSBA MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: IN 2025, THE ORGANIZATION ENGAGED CALIBRE CPA GROUP TO ASSIST IN THE PREPARATION AND FILING OF IT'S 990.