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)

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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

GBSN IS AN INTERNATIONAL NON-PROFIT ORGANIZATION WITH A MISSION TO EMPOWER BUSINESS SCHOOLS WORLDWIDE TO WORK TOGETHER TO STRENGTHEN THE CONTRIBUTIONS OF MANAGEMENT EDUCATION TO THE DEVELOPMENT NEEDS OF SOCIETY.

Program Service Accomplishments

Program 1
Expenses: $311,834 Revenue: $55,565

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...

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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. GBSN NETWORK SERVICES FOSTER CROSS-BORDER NETWORKING, KNOWLEDGE SHARING AND COLLABORATION BOTH WITHIN THE NETWORK MEMBERSHIP AND WITH THE BROADER BUSINESS EDUCATION AND DEVELOPMENT COMMUNITIES. MEMBER BUSINESS SCHOOLS ARE INVITED TO PARTICIPATE IN A VARIETY OF PROGRAMS AND EVENTS AND TO PARTNER WITH GBSN TO LEAD INITIATIVES THAT ENGAGE BUSINESS SCHOOLS AND OTHER ORGANIZATIONS IN SUPPORT OF THE NETWORK'S MISSION.

Program 2
Expenses: $199,420 Revenue: $9,000

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...

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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. GBSN PROGRAMS BUILD LOCAL CAPACITY TO DELIVER QUALITY MANAGEMENT EDUCATION AND STRENGTHEN CONTRIBUTIONS TO LOCAL DEVELOPMENT NEEDS. PROGRAMS PROVIDE ASSISTANCE WITH STRATEGIC PLANNING, FACULTY DEVELOPMENT, PROGRAM DESIGN OR REVIEW. GBSN'S NETWORK APPROACH AND LOW MANAGEMENT COSTS PROVIDE A COST EFFECTIVE PLATFORM TO BUILD PROGRAMS FOR SCHOOLS WITH LIMITED RESOURCES.

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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

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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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