The Center For Global Enterprise Ltd
- Assets
- $6.1m
- Revenue
- $9.3m
- Investments
- $0.0
- Employees
- 11
- Location
- New York, NY
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-1985517
Organization Overview
The Center For Global Enterprise Ltd is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Center For Global Enterprise Ltd employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Global Enterprise Ltd is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Center For Global Enterprise Ltd generated $9.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 33.5% each year . All expenses for the organization totaled $9.0m during the year ending 12/2021. While expenses have increased by 19.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CENTER FOR GLOBAL ENTERPRISE IS A NONPROFIT, NONPARTISAN RESEARCH INSTITUTION DEVOTED TO THE STUDY OF GLOBAL MANAGEMENT BEST PRACTICES, THE CONTEMPORARY CORPORATION, ECONOMIC INTEGRATION, AND THEIR IMPACT ON SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CENTER FOR GLOBAL ENTERPRISE, LTD. ENCOURAGES COMPANIES AND INDIVIDUALS TO DEEPEN THEIR AWARENESS OF WHAT IT MEANS TO BE A GLOBAL ENTERPRISE, GLOBAL LEADER AND GLOBAL CITIZEN, AND TO DEMONSTRATE THE MANAGEMENT SKILLS NECESSARY TO CREATE AN ENVIRONMENT FOR A BETTER FUTURE.THE CENTER FOR GLOBAL ENTERPRISE IS A NONPROFIT, NONPARTISAN RESEARCH INSTITUTION DEVOTED TO THE STUDY OF GLOBAL MANAGEMENT BEST PRACTICES, THE CONTEMPORARY CORPORATION, ECONOMIC INTEGRATION, AND THEIR IMPACT ON SOCIETY.WE ARE DEDICATED TO THE FOLLOWING COMMITMENTS:MANAGEMENT ENGAGEMENTBOLD RESEARCHOPEN EDUCATIONINNOVATIVE APPROACHESGLOBAL COMMUNITYSTAKEHOLDER CAPACITY BUILDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Caine President | OfficerTrustee | 40 | $278,771 |
Monica Debban Chief Of Staff | Officer | 40 | $141,206 |
Samuel Palmisano Chairman | OfficerTrustee | 0 | $0 |
Shelly Lazarus Director | Trustee | 0 | $0 |
Michael Spence Director | Trustee | 0 | $0 |
Douglas Haynes Director | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mercator Xxi Llc Management | 12/30/21 | $453,006 |
Deloitte Consulting Consulting | 12/30/21 | $950,000 |
Ethisphere Consulting | 12/30/21 | $240,829 |
Sy Partners Consulting | 12/30/21 | $2,150,000 |
Jon Iwata Consulting | 12/30/21 | $325,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $147,239 |
| Membership dues | $7,460,000 |
| Fundraising events | $697,690 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,304,929 |
| Total Program Service Revenue | $953,582 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,258,511 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $419,977 |
| Compensation of current officers, directors, key employees. | $419,977 |
| Compensation to disqualified persons | $1,101,396 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $130,127 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,520 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $144,743 |
| Office expenses | $0 |
| Information technology | $74,364 |
| Royalties | $0 |
| Occupancy | $5,925 |
| Travel | $23,365 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,901 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,668 |
| All other expenses | $96,154 |
| Total functional expenses | $8,972,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,562,921 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,537,178 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,100,099 |
| Accounts payable and accrued expenses | $372,471 |
| Grants payable | $0 |
| Deferred revenue | $1,463,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,000,000 |
| Other liabilities | $0 |
| Total liabilities | $2,835,471 |
| Net assets without donor restrictions | $3,264,628 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,100,099 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that The Center For Global Enterprise Ltd has recieved totaling $936,215.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $667,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $220,000 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $28,333 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $11,700 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $9,107 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $75 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Healthix Inc New York, NY | $24,127,296 | $23,546,551 |
Forum Of Firms New York, NY | $4,418,679 | $12,591,914 |
Demos A Network For Ideas And Action Ltd New York, NY | $10,927,971 | $7,159,030 |
Health Care Planning Organization Inc Syracuse, NY | $16,566,077 | $12,522,448 |
Greater Rochester Regional Healthinformation Organization Inc Rochester, NY | $11,358,181 | $8,940,015 |
Vermont Information Technology Leaders Inc South Burlington, VT | $8,229,765 | $10,174,079 |
The Center For Global Enterprise Ltd New York, NY | $6,100,099 | $9,258,511 |
Bronx Rhio Inc Bronx, NY | $13,400,556 | $8,045,084 |
Commonwealth Foundation For Public Policy Alternatives Harrisburg, PA | $4,571,108 | $7,295,526 |
Represent Us Florence, MA | $4,329,740 | $6,528,597 |
Public Agenda Inc Brooklyn, NY | $6,401,632 | $3,136,414 |
Roper Center For Public Opinion Research Inc Ithaca, NY | $2,079,231 | $2,044,383 |