Gama International EIN 01-0792334 Form 990 (PDF) Claim this org

Gama International

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Offers top-tier education and training for financial services professionals. For fiscal year 2020 it reported $2.7M in revenue, $3.2M in expenses.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Washington, DC
Website
www.gamaweb.com
Filings
1 on file (2020–2020)
Revenue
$2.7MFY2020
Expenses
$3.2M
Net assets
$0
People
20
Filings
1
Updates
0
More identity details & actions ⌄
EIN  01-0792334 Unknown exempt organization Washington, DC
Form 990 (PDF)
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Size
$1–10M
What they do
Offers top-tier education and training for financial services professionals.
Leadership
Bonnie Godsman · Chief Executive Officer · $567K
Money in and out
$2.7M revenue, $3.2M expenses
Bottom line
-20% surplus margin
Reported financial activity · FY2020
Total revenue
$2.7M
Pt VIII · Ln 12
Total expenses
$3.2M
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$548K
Surplus margin
-20%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total revenue
$2.7M
Pt VIII · Ln 12
Total expenses
$3.2M
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$548K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 417
Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2020.
01

Membership and Awards

Allows individuals to be a part of a professional development organization and gain access to professional development materials, both web-based and written. Also provides world-wide recognition of meeting financial milestones within the industry.

Pt IX · col B
02

Professional Development Services

Makes available numerous products and publications that are created specifically to further the professional development of field leaders in the insurance, investment, and financial services industries.

Pt IX · col B
03

Lamp Conference

Live program that allows members to exchange information and participate in professional development activities in a one-to-one environment.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGama International
EINHdr · item D01-0792334
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.gamaweb.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a18
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chief Executive Officer
$566,963Pt VII · Sec A
Gama Foundation CEO
$114,636Pt VII · Sec A
$45,875Pt VII · Sec A
$0Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$2.5M · 93%
Other revenue$157K · 6%
Investment income$39K · 1%
Program service revenue93%$2.5M
Other revenue6%$157K
Investment income1%$39K
Total revenueLn 12$2.7M

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $3.2M
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services — · Total expenses $3.2M
Management & General
Management & general — · Total expenses $3.2M
Fundraising
Fundraising — · Total expenses $3.2M
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $2.7M
0%
Government reliance
Government grants — · Total revenue $2.7M
Earned-income share
Program service revenue $2.5M · Total revenue $2.7M
93%
Investment reliance
Investment income $39K · Total revenue $2.7M
+1%
Program self-sufficiency
Program service revenue $2.5M · Total expenses $3.2M
77%
Growth & trend
Revenue growth (YoY)
This year $2.7M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.7M · Expenses $3.2M
-20%
Liabilities-to-Assets
Total liabilities — · Total assets $0
Net-asset ratio
Net assets $0 · Total assets $0
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bonnie Godsman · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $567K · Total expenses $3.2M
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $978K · Total expenses $3.2M
30%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Legal fee ratio 4%
Accounting fee ratio 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2020 (Latest)$2.7M revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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