philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Global Business School Network

Tax-deductible

Washington, DC501(c)(3)Education EIN 20-0670910Revenue $895K in FY2024

On file with the IRSgbsn.org1100 15th St Nw Ste 4, 20005-1784 · Washington, DCTax-exempt since Dec 2004Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The objectives and purposes of the organization are (1) to foster, promote, and encourage education and training in the field of Business and Business management; (2) to assist Business schools and universities in identifying and implementing projects to improve capacity to provide Business education and training for students and local businesses; (3) to promote the free exchange of information and knowledge in Business education between persons in the united states and other developed countries and persons in developing countries; and (4) to facilitate opportunities for students and managers to gain practical experience in Business management.

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
Run by 12 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $47K a year · 6% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$275K
to officers and key staff · 36% of spending
Top officer’s pay higher than 97% of similar orgs
Concern: pay to officers and key staff is 36% of spending; over 30%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$11K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 16 voting members
Looks good: 15 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$895K
-0.6% vs prior year
Spent
$762K
To programs
67%
Net assets
$474K
By yearFY2020–FY2024
Revenue
$895K
FY2024▼ -0.6%
Tap a bar for its year
Revenue by fiscal year
FY2020$818K
FY2021$760K
FY2022$817K
FY2023$900K
FY2024$895K
Expenses
$762K
FY2024▼ -26%
Tap a bar for its year
Expenses by fiscal year
FY2020$749K
FY2021$777K
FY2022$1.1M
FY2023$1.0M
FY2024$762K
Net assets
$474K
FY2024▲ +39%
Tap a bar for its year
Net assets by fiscal year
FY2020$775K
FY2021$758K
FY2022$466K
FY2023$341K
FY2024$474K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2004.

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

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $511K Management & general 32% · $241K Fundraising 1% · $9K

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

Something off? Claim to add context

Who runs it and what they're paid

17 people listed on the 990; $275K paid to officers and key staff.

Part VII, Section A · reportable compensation
Daniel Leclair
Chief Executive Officer
$175,396Pt VII · Sec A
Juliane Iannarelli
Chief Impact Officer
$100,060Pt VII · Sec A
Jikyeong Kang
Vice Chair
$0Pt VII · Sec A
Leila Triki
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Daniel Leclair’s $175K as Chief Executive Officer is at the 97th percentile of top reported officer pay among 1612 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Daniel Leclair$175,396$175,258$174,008$160,258$160,258
Juliane Iannarelli$100,060————

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.

See Global Business School Network executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Improves business education and management training globally through knowledge exchange and practical experience.

Questions for Global Business School Network

Tap to ask. Global Business School Network sees how many people are interested.

Your first name shows with your question. Global Business School Network answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $511K · in their own filed words · FY2024
01

Network Services

With a growing network of over 145 leading business schools on 6 continents, GBSN offers programs that strengthen the contributions of management education to the development needs of society by engaging member business schools from around the world.

$312Kprogram expense
02

Advisory Services

GBSN works with a wide range of institutions, not just members, to facilitate international collaboration in all directions between educators so that schools at different stages of development can learn from one another. Through partnerships with industry, development agencies, foundations, and schools.

$199Kprogram 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 · FY2024
Graduate Management Admission CouncilFY2024$8K
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$895K
Ln 12
Gifts and grantsLn 1h$827K
Fees for servicesLn 2g$65K
Investment incomeLn 3$3K
Money outPt IX
$762K
Ln 25
Programscol B$511K
Managementcol C$241K
Fundraisingcol D$9K
Owns and owesPt X
$474K
net assets · Ln 32
Cash and savingsLn 1–2$363K
Total assetsLn 16$484K
LiabilitiesLn 26$11K
PeoplePt VI, VII
17
listed · VII A
PaidVII A2
Voting boardVI 1a16
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$827K
Fees for servicesLn 2g$65K
Investment incomeLn 3$3K
Other incomeLn 4–11$49
Total revenueLn 12$895K
Assets in detailPt X, end of year
CashLn 1$257K
SavingsLn 2$106K
Cash and savings togetherLn 1–2$363K
Land, buildings, equipmentLn 10c$2K
Other assetsLn 15$0
Total assetsLn 16$484K
LiabilitiesLn 26$11K
Net assetsLn 32$474K
OperationsPt I, VI
EmployeesI 50
VolunteersI 612
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$220K$363K
Land, buildings, equipmentLn 10c$4K$2K
Total assetsLn 16$367K$484K
LiabilitiesLn 26$26K$11K
Net assetsLn 32$341K$474K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$12K$12K
Pay of current officers, directors and key staffLn 5$184K$132K$44K$9K
Other salaries and wagesLn 7$284K$266K$18K
Pension plan contributionsLn 8$11K$11K
Other employee benefitsLn 9$11K$1K$10K
Payroll taxesLn 10$37K$37K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$45K$45K
Other fees for servicesLn 11g$53K$4K$49K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$32K$17K$14K$382
Information technologyLn 14$10K$2K$8K$42
TravelLn 17$30K$27K$2K
Conferences, conventions and meetingsLn 19$46K$46K
Depreciation, depletion and amortizationLn 22$3K$2K$597$44
InsuranceLn 23$2K$1K$447$33
Total functional expensesLn 25$762K$511K$241K$9K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $895K$762K$133K$474K 990 PDF
FY2023 $900K$1.0M−$125K$341K 990 PDF
FY2022 $817K$1.1M−$292K$466K 990 PDF
FY2021 $760K$777K−$17K$758K 990 PDF
FY2020 $818K$749K$68K$775K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $894,518 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $789,775$826,530
I-9 Program service revenuePrior year $108,317$64,565
I-10 Investment incomePrior year $1,256$3,374
I-11 Other revenuePrior year $629$49
I-12 Total revenuePrior year $899,977$894,518
I-13 Grants and similar amounts paidPrior year $14,012$12,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $590,813$527,130
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $420,041$222,556
I-18 Total expensesPrior year $1,024,866$761,686
I-19 Revenue less expensesPrior year −$124,889$132,832
Part VI · Governance 15 of 16 board members independent, 1 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members15
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-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $894,518 across 7 lines filed
Lines not itemized here account for $43 of total revenue; see the IRS return.
VIII-1b Membership dues$661,610
VIII-1f All other contributions, gifts and grants$164,920
VIII-1h Total contributions, gifts and grants$826,530
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $64,565$64,565
VIII-3 Investment incomeExcluded from tax $3,374$3,374
VIII-5 RoyaltiesExcluded from tax $6$6
VIII-12 Total revenueRelated to mission $64,565 · Unrelated business $0 · Excluded from tax $3,423$894,518
Part IX · Statement of functional expenses $761,686 across 16 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $12,000$12,000
IX-5 Pay of current officers, directors and key staffPrograms $131,547 · Management $43,829 · Fundraising $8,770$184,146
IX-7 Other salaries and wagesPrograms $266,037 · Management $18,218$284,255
IX-8 Pension plan contributionsManagement $11,352$11,352
IX-9 Other employee benefitsPrograms $1,011 · Management $9,660$10,671
IX-10 Payroll taxesManagement $36,706$36,706
IX-11b Legal feesManagement $1,025$1,025
IX-11c Accounting feesManagement $45,061$45,061
IX-11g Other fees for servicesPrograms $4,270 · Management $48,735$53,005
IX-12 Advertising and promotionManagement $1,797$1,797
IX-13 Office expensesPrograms $17,384 · Management $13,795 · Fundraising $382$31,561
IX-14 Information technologyPrograms $1,888 · Management $7,620 · Fundraising $42$9,550
IX-17 TravelPrograms $27,190 · Management $2,319$29,509
IX-19 Conferences, conventions and meetingsPrograms $46,455$46,455
IX-22 Depreciation, depletion and amortizationPrograms $1,985 · Management $597 · Fundraising $44$2,626
IX-23 InsurancePrograms $1,487 · Management $447 · Fundraising $33$1,967
IX-25 Total functional expensesPrograms $511,254 · Management $241,161 · Fundraising $9,271$761,686
Part X · Balance sheet $484,392 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $119,097$257,046
X-2 Savings and temporary cash investmentsStart of year $100,690$105,761
X-3 Pledges and grants receivableStart of year $132,523$118,500
X-9 Prepaid expenses and deferred chargesStart of year $3,842$1,511
X-10c Land, buildings and equipment, netStart of year $4,200$1,574
X-15 Other assetsStart of year $7,100$0
X-16 Total assetsStart of year $367,452$484,392
X-17 Accounts payable and accrued expensesStart of year $26,476$10,584
X-26 Total liabilitiesStart of year $26,476$10,584
X-27 Net assets without donor restrictionsStart of year −$72,560$129,427
X-28 Net assets with donor restrictionsStart of year $413,536$344,381
X-32 Total net assets or fund balancesStart of year $340,976$473,808
X-33 Total liabilities and net assetsStart of year $367,452$484,392
Part XI · Reconciliation of net assets $473,808 net assets at year end
XI-1 Total revenue$894,518
XI-2 Total expenses$761,686
XI-3 Revenue less expenses$132,832
XI-4 Net assets at start of year$340,976
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$473,808

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.