Nasbite Intl INC FY2020 filing

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To coordinate and administer the certified global business professional (CGBP) credential. To promote and exchange of information and resources among global business education and assistance professionals.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-1625262) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
53¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $39K a year · 16% of revenue · last 6 filings
A surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
53%
of spending
53% of spending went to programs.
Pt IX · Ln 25 · col B
11.5 mo
of spending, in cash
11.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$9K
5% of total assets
Liabilities are 5% of assets.
Pt X · Ln 26
Independent board members
23
of 23 voting members
23 of 23 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$194K
Spent
$146K
To programs
53%
Net assets
$158K
By yearFY2020–FY2025
Revenue
$194K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$194K
FY2021$262K
FY2022$253K
FY2023$233K
FY2024$265K
FY2025$257K
Expenses
$146K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$146K
FY2021$160K
FY2022$179K
FY2023$214K
FY2024$262K
FY2025$271K
Net assets
$158K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$158K
FY2021$260K
FY2022$335K
FY2023$354K
FY2024$357K
FY2025$343K

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

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1999.

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

Where the money goes

53 cents of each dollar spent went to programs.

Program services 53% · $77K Management & general 34% · $50K Fundraising 13% · $19K

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

24 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Immediate Past President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Board Devel. & Fellows Task Forcek Force Co-Cha
$0Pt VII · Sec A
Stakeholder Relations Task Force Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Nasbite Intl INC executive salaries →

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

Administers a global business credential and promotes information exchange among professionals.

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2 programs · $77K · in their own filed words · FY2019
01

Nasbite has led the effort to develop and implement the certified global business professional (CGBP) credential. A CGBP is competent in global business management, global marketing, supply chain management and trade finance. Since 2005, Nasbite has successfully tested and certified over 2,000 licensed individuals.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-1625262) · Dispute this line
$47Kprogram expense
02

An annual conference is held for all members which provides 4 full days of activities including CGBP boot camp, workshops, roundtable discussions and program sessions. In fiscal year ending june 2019, the conference was held in savannah, georgia with almost 200 in attendance.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-1625262) · Dispute this line
$30Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$194K
Ln 12
Fees for servicesLn 2g$144K
Gifts and grantsLn 1h$50K
Investment incomeLn 3$191
Money outPt IX
$146K
Ln 25
Programscol B$77K
Managementcol C$50K
Fundraisingcol D$19K
Owns and owesPt X
$158K
net assets · Ln 32
Cash and savingsLn 1–2$140K
Total assetsLn 16$167K
LiabilitiesLn 26$9K
PeoplePt VI, VII
24
listed · VII A
PaidVII A0
Voting boardVI 1a23
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$50K
Fees for servicesLn 2g$144K
Investment incomeLn 3$191
Total revenueLn 12$194K
Assets in detailPt X, end of year
CashLn 1$7K
SavingsLn 2$133K
Cash and savings togetherLn 1–2$140K
Accounts receivableLn 4$10K
Prepaid expenses and deferred chargesLn 9$17K
Total assetsLn 16$167K
LiabilitiesLn 26$9K
Net assetsLn 32$158K
OperationsPt I, VI
EmployeesI 50
VolunteersI 619
Fiscal year endsHeaderJune
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$102K$140K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$133K$167K
LiabilitiesLn 26$23K$9K
Net assetsLn 32$110K$158K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$96K$48K$29K$19K
Legal feesLn 11b$149$149
Advertising and promotionLn 12$212$212
Office expensesLn 13$5K$5K
Information technologyLn 14$6K$6K
Conferences, conventions and meetingsLn 19$5K$5K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$32K$23K$8K
Total functional expensesLn 25$146K$77K$50K$19K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Nov 12, 2025 $257K$271K−$14K$343K 990 PDF
FY2024Filed with the IRS Mar 30, 2025 $265K$262K$3K$357K 990 PDF
FY2023Filed with the IRS Feb 29, 2024 $233K$214K$19K$354K 990 PDF
FY2022Filed with the IRS Jan 12, 2023 $253K$179K$74K$335K 990 PDF
FY2021Filed with the IRS Jan 27, 2022 $262K$160K$102K$260K 990 PDF
FY2020 ViewingFiled with the IRS Jan 11, 2021 $194K$146K$48K$158K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $194,215 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $20,658$49,624
I-9 Program service revenuePrior year $262,177$144,400
I-10 Investment incomePrior year $198$191
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $283,033$194,215
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 $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $269,589$146,213
I-18 Total expensesPrior year $269,589$146,213
I-19 Revenue less expensesPrior year $13,444$48,002
Part VI · Governance 23 of 23 board members independent, 2 to look at
VI-1a Voting members of the governing body23
VI-1b Independent voting members23
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 $194,215 across 5 lines filed
VIII-1b Membership dues$49,624
VIII-1h Total contributions, gifts and grants$49,624
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $129,400 · Excluded from tax $15,000$144,400
VIII-3 Investment incomeExcluded from tax $191$191
VIII-12 Total revenueRelated to mission $129,400 · Unrelated business $0 · Excluded from tax $15,191$194,215
Part IX · Statement of functional expenses $146,213 across 8 lines filed
IX-11a Management feesPrograms $48,000 · Management $28,800 · Fundraising $19,200$96,000
IX-11b Legal feesManagement $149$149
IX-12 Advertising and promotionManagement $212$212
IX-13 Office expensesManagement $5,239$5,239
IX-14 Information technologyManagement $5,608$5,608
IX-19 Conferences, conventions and meetingsPrograms $5,472$5,472
IX-23 InsuranceManagement $1,880$1,880
IX-24 Other expenses (24a–d)Programs $23,316 · Management $8,337$31,653
IX-25 Total functional expensesPrograms $76,788 · Management $50,225 · Fundraising $19,200$146,213
Part X · Balance sheet $166,884 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $13,784$6,941
X-2 Savings and temporary cash investmentsStart of year $87,739$132,930
X-4 Accounts receivableStart of year $17,467$10,007
X-9 Prepaid expenses and deferred chargesStart of year $14,000$17,006
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $132,990$166,884
X-17 Accounts payable and accrued expensesStart of year $514$2,456
X-19 Deferred revenueStart of year $22,265$6,215
X-26 Total liabilitiesStart of year $22,779$8,671
X-27 Net assets without donor restrictionsStart of year $109,336$157,338
X-28 Net assets with donor restrictionsStart of year $875$875
X-32 Total net assets or fund balancesStart of year $110,211$158,213
X-33 Total liabilities and net assetsStart of year $132,990$166,884
Part XI · Reconciliation of net assets $158,213 net assets at year end
XI-1 Total revenue$194,215
XI-2 Total expenses$146,213
XI-3 Revenue less expenses$48,002
XI-4 Net assets at start of year$110,211
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$158,213

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

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