Worldwide Broker Network US INC FY2020 filing

San Francisco, CAUnknown exempt organizationSince 2010EIN 27-3773821Revenue $3.8M in FY2020

On file with the IRSwbnglobal.com315 Montgomery St Ste 900 · San Francisco, CA

This page gets seen. Tell your story. Claim this org.

Worldwide Broker Network provides forums for contact, exchange of ideas, Network performance monitoring and review for various privately held insurance brokers.

89¢ of each $1 spent went to programs.
$1.1M 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
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
4 of 5
filings with a surplus
Average surplus $145K a year · 3% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.1M
to officers and key staff · 37% of spending
Concern: pay to officers and key staff is 37% of spending; over 30%.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 4.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.4M
71% of total assets
Worth a look: liabilities are 71% of assets; over 65%.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.8M
Spent
$2.9M
To programs
89%
Net assets
$1.4M
By yearFY2020–FY2024
Revenue
$3.8M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$3.8M
FY2021$4.0M
FY2022$6.2M
FY2023$7.5M
FY2024$7.0M
Expenses
$2.9M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.9M
FY2021$3.9M
FY2022$6.1M
FY2023$7.3M
FY2024$7.5M
Net assets
$1.4M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.4M
FY2021$1.5M
FY2022$1.6M
FY2023$1.8M
FY2024$0

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $2.6M Management & general 11% · $310K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

21 people listed on the 990; $1.1M paid to officers and key staff.

Part VII, Section A · reportable compensation
CEO to 4/2021
$401,200Pt VII · Sec A
Director of Eb
$201,143Pt VII · Sec A
Director of PC
$194,026Pt VII · Sec A
Director of Comm
$159,921Pt VII · Sec A
Director of IT
$132,580Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Olga Collins$621,706$541,451$491,443$398,295—
Francie Starnes———$329,164$401,200
Steven Woods—$282,160———
Alan Fergusson———$241,042$201,143
Antoinette Gambonini———$234,958$194,026
Timothy Carter$174,100$180,159$212,750——
Elizabeth Yovich$166,781$205,102$134,042——
Richard Duffy————$159,921

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 Worldwide Broker Network US INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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

Connects and supports privately held insurance brokers through forums for idea exchange and performance review.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · $2.6M · in their own filed words · FY2020
01

The WBN network allows clients to have constant access to online coverage and claims data. Technology provides members with the latest tools for information management, communication and collaboration, including insurance data management platform.MEMBERS CAN LOGIN TO WEBSITE.

$2.5Mprogram expense
02

WBN organizes Global Conferences for members, clients, prospects, and insurer partners where they can collaborate, learn, and maintain professional and personal relationships. Additional conferences are conducted regionally and through industry, insurer and committee gatherings to build collaboration, learn new techniques, develop new…

$174Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $30K · 2020–2021
Shirley Ryan Ability LabIL · FY2021$10,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$3.8M
Ln 12
Gifts and grantsLn 1h$3.5M
Fees for servicesLn 2g$214K
Other incomeLn 4–11$40K
Money outPt IX
$2.9M
Ln 25
Programscol B$2.6M
Managementcol C$310K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$4.8M
LiabilitiesLn 26$3.4M
PeoplePt VI, VII
21
listed · VII A
PaidVII A5
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.5M
Fees for servicesLn 2g$214K
Investment incomeLn 3$56
Other incomeLn 4–11$40K
Gains on assetsLn 7$0
Total revenueLn 12$3.8M
Assets in detailPt X, end of year
CashLn 1$1.1M
SavingsLn 2$50K
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$4K
Other assetsLn 15$10K
Total assetsLn 16$4.8M
LiabilitiesLn 26$3.4M
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 54
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$541K$1.2M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$3K$4K
Total assetsLn 16$4.3M$4.8M
LiabilitiesLn 26$3.7M$3.4M
Net assetsLn 32$562K$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$20K$20K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$2K$2K
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$451K$360K$91K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$816K$816K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$30K$30K
Payroll taxesLn 10$32K$32K
Management feesLn 11a$0
Legal feesLn 11b$81K$43K$38K
Accounting feesLn 11c$117K$62K$55K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$178K$94K$84K
Advertising and promotionLn 12$43K$41K$2K
Office expensesLn 13$34K$17K$17K
Information technologyLn 14$519K$519K
RoyaltiesLn 15$0
OccupancyLn 16$82K$76K$6K
TravelLn 17$21K$19K$2K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$171K$171K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$16K$13K$3K
InsuranceLn 23$69K$62K$7K
Other expenses (24a–d)Ln 24$259K$255K$4K
All other expensesLn 24e$0
Total functional expensesLn 25$2.9M$2.6M$310K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $7.0M$7.5M−$525K$0 990 PDF
FY2023 $7.5M$7.3M$214K$1.8M 990 PDF
FY2022 $6.2M$6.1M$124K$1.6M 990 PDF
FY2021 $4.0M$3.9M$84K$1.5M 990 PDF
FY2020 Viewing $3.8M$2.9M$827K$1.4M 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 $3,770,605 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,211,401$3,516,112
I-9 Program service revenue$214,500
I-10 Investment incomePrior year $75$56
I-11 Other revenue$39,937
I-12 Total revenuePrior year $4,211,476$3,770,605
I-13 Grants and similar amounts paid$22,500
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,065,683$1,330,602
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,794,755$1,590,207
I-18 Total expensesPrior year $3,860,438$2,943,309
I-19 Revenue less expensesPrior year $351,038$827,296
Part VI · Governance 15 of 15 board members independent, 3 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction 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
Part VIII · Statement of revenue $3,770,605 across 11 lines filed
VIII-1b Membership dues$2,853,032
VIII-1f All other contributions, gifts and grants$663,080
VIII-1h Total contributions, gifts and grants$3,516,112
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $214,500$214,500
VIII-3 Investment incomeExcluded from tax $56$56
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $39,937$39,937
VIII-12 Total revenueRelated to mission $254,437 · Excluded from tax $56$3,770,605
Part IX · Statement of functional expenses $2,943,309 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $20,000$20,000
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipientsPrograms $2,500$2,500
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $360,048 · Management $91,401$451,449
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $816,319$816,319
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $30,405$30,405
IX-10 Payroll taxesPrograms $32,429$32,429
IX-11a Management fees$0
IX-11b Legal feesPrograms $42,596 · Management $37,930$80,526
IX-11c Accounting feesPrograms $62,134 · Management $55,330$117,464
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $93,971 · Management $83,679$177,650
IX-12 Advertising and promotionPrograms $41,296 · Management $1,919$43,215
IX-13 Office expensesPrograms $16,777 · Management $16,777$33,554
IX-14 Information technologyPrograms $519,362$519,362
IX-15 Royalties$0
IX-16 OccupancyPrograms $75,626 · Management $6,495$82,121
IX-17 TravelPrograms $18,751 · Management $2,083$20,834
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $170,993$170,993
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $13,441 · Management $3,045$16,486
IX-23 InsurancePrograms $62,226 · Management $6,914$69,140
IX-24 Other expenses (24a–d)Programs $254,692 · Management $4,170$258,862
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $2,633,566 · Management $309,743 · Fundraising $0$2,943,309
Part X · Balance sheet $4,810,368 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $541,141$1,134,419
X-2 Savings and temporary cash investments$50,219
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $3,412,018$3,083,517
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $268,251$495,403
X-10c Land, buildings and equipment, netStart of year $3,027$3,682
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assetsStart of year $47,661$32,856
X-15 Other assetsStart of year $16,068$10,272
X-16 Total assetsStart of year $4,288,166$4,810,368
X-17 Accounts payable and accrued expensesStart of year $229,216$65,462
X-24 Unsecured notes and loans payable$63,962
X-25 Other liabilitiesStart of year $3,496,605$3,295,945
X-26 Total liabilitiesStart of year $3,725,821$3,425,369
X-32 Total net assets or fund balancesStart of year $562,345$1,384,999
X-33 Total liabilities and net assetsStart of year $4,288,166$4,810,368
Part XI · Reconciliation of net assets $1,384,999 net assets at year end
XI-1 Total revenue$3,770,605
XI-2 Total expenses$2,943,309
XI-3 Revenue less expenses$827,296
XI-4 Net assets at start of year$562,345
XI-8 Prior period adjustments−$4
XI-9 Other changes in net assets−$4,638
XI-10 Net assets at end of year$1,384,999

Form 990 e-file (XML) FY2020 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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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.