Ihc Global FY2020 filing

Marlton, NJUnknown exempt organizationEIN 05-0626714Revenue $183K in FY2020

On file with the IRSihcglobal.org26 Isabelle Court · Marlton, NJ

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IHC Global's mission is to advance practical and equitable urban development.

71¢ of each $1 spent went to programs.
$72K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average deficit $51K a year · 41% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$72K
to officers and key staff · 25% of spending
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 6.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $17K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$200K
120% of total assets
Concern: liabilities are 120% of assets; over 80%.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$183K
Spent
$287K
To programs
71%
Net assets
−$33K
By yearFY2020–FY2023
Revenue
$183K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$183K
FY2021$70K
FY2022$54K
FY2023$19K
Expenses
$287K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$287K
FY2021$69K
FY2022Not on file
FY2023Not on file
Net assets
−$33K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$33K
FY2021−$32K
FY2022−$7K
FY2023$0

From the FY2020 Form 990 (year ending September 2020) · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $203K Management & general 22% · $63K Fundraising 7% · $21K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $72K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$72,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Judith Hermanson$63,500$72,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes practical and fair urban development worldwide.

Questions for Ihc Global

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Provided by the organization

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1 program · $203K · in their own filed words · FY2019
01

IHC Global makes significant contributions to the global urban development agenda through its advocacy for improved housing and access to basic services by the poor in the developing world and for functioning property markets and strengthened real estate practices.

$203Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$17K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$183K
Ln 12
Gifts and grantsLn 1h$173K
Fees for servicesLn 2g$11K
Investment incomeLn 3$29
Money outPt IX
$287K
Ln 25
Programscol B$203K
Managementcol C$63K
Fundraisingcol D$21K
Owns and owesPt X
−$33K
net assets · Ln 32
Cash and savingsLn 1–2$163K
Total assetsLn 16$167K
LiabilitiesLn 26$200K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$173K
Noncash giftsLn 1g$10K
Fees for servicesLn 2g$11K
Investment incomeLn 3$29
Total revenueLn 12$183K
Assets in detailPt X, end of year
CashLn 1$163K
Cash and savings togetherLn 1–2$163K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$4K
Total assetsLn 16$167K
LiabilitiesLn 26$200K
Net assetsLn 32−$33K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$69K$163K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$74K$167K
LiabilitiesLn 26$4K$200K
Net assetsLn 32$71K−$33K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$72K$54K$11K$7K
Management feesLn 11a$129K$97K$19K$13K
Accounting feesLn 11c$26K$26K
Other fees for servicesLn 11g$500$225$225$50
Office expensesLn 13$256$243$8$5
OccupancyLn 16$15K$13K$886$443
TravelLn 17$24K$24K
Conferences, conventions and meetingsLn 19$3K$3K$91$61
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$14K$11K$2K$483
All other expensesLn 24e$633$586$30$17
Total functional expensesLn 25$287K$203K$63K$21K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $19K$0 990 PDF
FY2022 $54K−$7K 990 PDF
FY2021 $70K$69K$637−$32K 990 PDF
FY2020 Viewing $183K$287K−$103K−$33K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $183,408 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $220,117$172,680
I-9 Program service revenuePrior year $9,350$10,699
I-10 Investment incomePrior year $114$29
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $229,581$183,408
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $72,000$72,000
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $291,453$214,763
I-18 Total expensesPrior year $363,453$286,763
I-19 Revenue less expensesPrior year −$133,872−$103,355
Part VI · Governance 11 of 11 board members independent, 2 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $183,408 across 6 lines filed
VIII-1f All other contributions, gifts and grants$172,680
VIII-1g Noncash contributions (included above)$9,906
VIII-1h Total contributions, gifts and grants$172,680
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $10,699$10,699
VIII-3 Investment incomeExcluded from tax $29$29
VIII-12 Total revenueRelated to mission $10,699 · Unrelated business $0 · Excluded from tax $29$183,408
Part IX · Statement of functional expenses $286,763 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $54,000 · Management $10,800 · Fundraising $7,200$72,000
IX-11a Management feesPrograms $96,850 · Management $19,370 · Fundraising $12,913$129,133
IX-11c Accounting feesManagement $26,450$26,450
IX-11g Other fees for servicesPrograms $225 · Management $225 · Fundraising $50$500
IX-13 Office expensesPrograms $243 · Management $8 · Fundraising $5$256
IX-16 OccupancyPrograms $13,431 · Management $886 · Fundraising $443$14,760
IX-17 TravelPrograms $23,766$23,766
IX-19 Conferences, conventions and meetingsPrograms $2,887 · Management $91 · Fundraising $61$3,039
IX-23 InsuranceManagement $2,613$2,613
IX-24 Other expenses (24a–d)Programs $10,825 · Management $2,305 · Fundraising $483$13,613
IX-24e All other expensesPrograms $586 · Management $30 · Fundraising $17$633
IX-25 Total functional expensesPrograms $202,813 · Management $62,778 · Fundraising $21,172$286,763
Part X · Balance sheet $166,949 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $68,857$162,605
X-4 Accounts receivableStart of year $470$0
X-9 Prepaid expenses and deferred chargesStart of year $798$824
X-10c Land, buildings and equipment, netStart of year $0$0
X-15 Other assetsStart of year $4,078$3,520
X-16 Total assetsStart of year $74,203$166,949
X-17 Accounts payable and accrued expensesStart of year $3,652$6,640
X-24 Unsecured notes and loans payable$193,113
X-26 Total liabilitiesStart of year $3,652$199,753
X-27 Net assets without donor restrictionsStart of year $4,670−$78,123
X-28 Net assets with donor restrictionsStart of year $65,881$45,319
X-32 Total net assets or fund balancesStart of year $70,551−$32,804
X-33 Total liabilities and net assetsStart of year $74,203$166,949
Part XI · Reconciliation of net assets −$32,804 net assets at year end
XI-1 Total revenue$183,408
XI-2 Total expenses$286,763
XI-3 Revenue less expenses−$103,355
XI-4 Net assets at start of year$70,551
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$32,804

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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