Nasbite Intl INC FY2022 filing

Tax-deductible

Albany, NY501(c)(3)EducationEIN 31-1625262

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.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
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
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
22 mo
of spending, in cash
Looks good: 22.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$6K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
25
of 25 voting members
Looks good: 25 of 25 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$253K
-4% vs prior year
Spent
$179K
To programs
77%
Net assets
$335K
By yearFY2020–FY2025
Revenue
$253K
FY2022▼ -4%
Revenue by fiscal year
FY2020$194K
FY2021$262K
FY2022$253K
FY2023$233K
FY2024$265K
FY2025$257K
Expenses
$179K
FY2022▲ +11%
Expenses by fiscal year
FY2020$146K
FY2021$160K
FY2022$179K
FY2023$214K
FY2024$262K
FY2025$271K
Net assets
$335K
FY2022▲ +29%
Net assets by fiscal year
FY2020$158K
FY2021$260K
FY2022$335K
FY2023$354K
FY2024$357K
FY2025$343K

From the FY2022 Form 990 (year ending June 2022) · see the original

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You’re viewing the FY2022 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

77 cents of each dollar spent went to programs.

Program services 77% · $138K Management & general 23% · $40K

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

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Imm Past Pres
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Nasbite Intl INC executive salaries →

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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

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

Provided by the organization

This section is blank until Nasbite Intl INC claims this page.

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3 program services account for $138K of program spending, described in the organization's own filed words · FY2021.
01

Nasbite has led the effort to develop and implement the certified global business professional (CGBP) credential. A CGBP is competant 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.

$67Kprogram expense
02

Other educational programs

$45Kprogram expense
03

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. The conference attendance average is about 200 members

$25Kprogram expense

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By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$253K
Ln 12
Fees for servicesLn 2g$157K
Gifts and grantsLn 1h$95K
Investment incomeLn 3$229
Money outPt IX
$179K
Ln 25
Programscol B$138K
Managementcol C$40K
Owns and owesPt X
$335K
net assets · Ln 32
Cash and savingsLn 1–2$330K
Total assetsLn 16$341K
LiabilitiesLn 26$6K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a25
IndependentVI 1b25
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$95K
Fees for servicesLn 2g$157K
Investment incomeLn 3$229
Total revenueLn 12$253K
Assets in detailPt X, end of year
CashLn 1$24K
SavingsLn 2$305K
Cash and savings togetherLn 1–2$330K
Land, buildings, equipmentLn 10c$2K
Total assetsLn 16$341K
LiabilitiesLn 26$6K
Net assetsLn 32$335K
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 FY22End FY22
Cash and savingsLn 1–2$254K$330K
Land, buildings, equipmentLn 10c$0$2K
Total assetsLn 16$262K$341K
LiabilitiesLn 26$2K$6K
Net assetsLn 32$260K$335K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$94K$66K$28K$0
Accounting feesLn 11c$809$0$809$0
Office expensesLn 13$367$0$367$0
Conferences, conventions and meetingsLn 19$1K$1K$0$0
Depreciation, depletion and amortizationLn 22$507$0$507$0
InsuranceLn 23$2K$0$2K$0
Other expenses (24a–d)Ln 24$51K$45K$6K$0
All other expensesLn 24e$28K$26K$3K$0
Total functional expensesLn 25$179K$138K$40K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $257K$271K−$14K$343K 990 PDF
FY2024 $265K$262K$3K$357K 990 PDF
FY2023 $233K$214K$19K$354K 990 PDF
FY2022 Viewing $253K$179K$74K$335K 990 PDF
FY2021 $262K$160K$102K$260K 990 PDF
FY2020 $194K$146K$48K$158K 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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $252,730 across 6 lines filed
VIII-1b Membership dues$76,906
VIII-1f All other contributions, gifts and grants$18,500
VIII-1h Total contributions, gifts and grants$95,406
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$157,095
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $229$229
VIII-12 Total revenueRelated to mission $157,095 · Unrelated business $0 · Excluded from tax $229$252,730
Part IX · Statement of functional expenses $178,526 across 8 lines filed
IX-11a Management feesPrograms $65,800 · Management $28,200 · Fundraising $0$94,000
IX-11c Accounting feesPrograms $0 · Management $809 · Fundraising $0$809
IX-13 Office expensesPrograms $0 · Management $367 · Fundraising $0$367
IX-19 Conferences, conventions and meetingsPrograms $1,295 · Management $0 · Fundraising $0$1,295
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $507 · Fundraising $0$507
IX-23 InsurancePrograms $0 · Management $1,874 · Fundraising $0$1,874
IX-24 Other expenses (24a–d)Programs $45,094 · Management $6,110 · Fundraising $0$51,204
IX-24e All other expensesPrograms $25,840 · Management $2,630 · Fundraising $0$28,470
IX-25 Total functional expensesPrograms $138,029 · Management $40,497 · Fundraising $0$178,526
Part X · Balance sheet $341,291 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $198,732$24,323
X-2 Savings and temporary cash investmentsStart of year $54,987$305,217
X-4 Accounts receivableStart of year $8,165$1,335
X-9 Prepaid expenses and deferred chargesStart of year $0$8,385
X-10c Land, buildings and equipment, netStart of year $0$2,031
X-16 Total assetsStart of year $261,884$341,291
X-17 Accounts payable and accrued expensesStart of year $1,228$5,507
X-19 Deferred revenueStart of year $926$850
X-26 Total liabilitiesStart of year $2,154$6,357
X-27 Net assets without donor restrictionsStart of year $258,855$333,059
X-28 Net assets with donor restrictionsStart of year $875$1,875
X-32 Total net assets or fund balancesStart of year $259,730$334,934
X-33 Total liabilities and net assetsStart of year $261,884$341,291
Part XI · Reconciliation of net assets $334,934 net assets at year end
XI-1 Total revenue$252,730
XI-2 Total expenses$178,526
XI-3 Revenue less expenses$74,204
XI-4 Net assets at start of year$259,730
XI-10 Net assets at end of year$334,934

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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