GLOBAL BUSINESS SCHOOL NETWORK

EIN: 200670910 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$894,518
Total Expenses
$761,686
Total Assets
$484,392
Net Assets
$473,808
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
DC
Principal Officer
DAN LECLAIR
Phone
2026289040
Tax Period
2024-01-01 to 2024-12-31

GLOBAL BUSINESS SCHOOL NETWORK, founded in 2003, is a small nonprofit in the Education sector that reported $895K in total revenue in fiscal year 2024. Expenses of $762K left a modest 15% surplus.

Mission

THE OBJECTIVES AND PURPOSES OF THE ORGANIZATION ARE (1) TO EMPOWER BUSINESS SCHOOLS WORLDWIDE TO WORK TOGETHER TO STRENGTHEN THE CONTRIBUTIONS OF MANAGEMENT EDUCATION TO THE DEVELOPMENT NEEDS OF SOCIETY; (2) TO FOSTER, PROMOTE AND ENCOURAGE EDUCATION AND TRAINING IN THE FIELD OF BUSINESS AND BUSINESS MANAGEMENT AS A MEANS OF CONTRIBUTING TO THE EMERGENCE AND GROWTHOF ORGANIZATIONS MEANINGFULLY IMPACT THE PROSPERITY AND WELL-BEING OF COMMUNITIES AROUND THE WORLD; (3) TO ASSIST BUSINESS SCHOOLS AND UNIVERSITIES IN IDENTIFYING, IMPLEMENTING, AND LEADING PROJECTS THAT IMPROVE THE CAPACITY OF BUSINESS SCHOOLS GLOBALLY TO PROVIDE SUCH EDUCATION FOR STUDENTS AND ORGANIZATIONS; (4) TO PROMOTE THE FREE EXCHANGE OF INFORMATION AND KNOWLEDGE IN BUSINESS EDUCATION GLOBALLY; (5) TO FACILITATE COLLABORATIVE LEARNING OPPORTUNITIES FOR STUDENTS AND FACULTY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $826,530
Program Service Revenue $64,565
Investment Income $3,374
Other Revenue $49
TOTAL REVENUE $894,518

Expense Breakdown

Grants Paid $12,000
Salaries & Benefits $527,130
Fundraising Expenses $9,271
Program Expenses $511,254
Other Expenses $222,556
TOTAL EXPENSES $761,686

Year-over-Year Comparison

2024 2023 Change
Revenue $894,518 $899,977 0.0%
Expenses $761,686 $1,024,866 -0.3%
Net Income $132,832 $-124,889 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
15
Employees
N/A
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$184,146
Total Directors
16
$184,146
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL LECLAIR CHIEF EXECUTIVE OFFICER 40.00
Officer Director
$175,396 $8,750 $184,146
DENNIS HANNO CHAIR 1.00
Officer Director
$0 $0 $0
JIKYEONG KANG VICE CHAIR 1.00
Officer Director
$0 $0 $0
LEILA TRIKI TREASURER 1.00
Officer Director
$0 $0 $0
VENETA ANDONOVA DIRECTOR 1.00
Director
$0 $0 $0
SANGEET CHOWFLA DIRECTOR 1.00
Director
$0 $0 $0
AMADOU DIALLO DIRECTOR 1.00
Director
$0 $0 $0
SOUMITRA DUTTA DIRECTOR 1.00
Director
$0 $0 $0
VIKAS GUPTA DIRECTOR 1.00
Director
$0 $0 $0
SHERIF KAMEL DIRECTOR 1.00
Director
$0 $0 $0
CARL MANLAN DIRECTOR 1.00
Director
$0 $0 $0
ARUNMA OTEH DIRECTOR 1.00
Director
$0 $0 $0
GUY PFEFFERMAN DIRECTOR 1.00
Director
$0 $0 $0
REBECCA SALT DIRECTOR 1.00
Director
$0 $0 $0
KAREN SPENS DIRECTOR 1.00
Director
$0 $0 $0
DOMINIQUE TURPIN DIRECTOR 1.00
Director
$0 $0 $0
JULIANE IANNARELLI CHIEF IMPACT OFFICER 40.00
Highest
$100,060 $5,000 $105,060
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $894,518 $761,686 $484,392 $132,832
2023 $899,977 $1,024,866 $367,452 $-124,889
2022 $817,243 $1,109,518 $548,475 $-292,275
2021 $759,532 $776,629 $798,351 $-17,097
2020 $817,531 $749,039 $852,201 $68,492
2019 $858,869 $743,971 $740,882 $114,898
2018 $1,089,990 $1,538,279 $734,641 $-448,289
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