Negotiation Strategies Institute
- Assets
- $1.0m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 06/2015
- Data as of
- 08/2023
- EIN
- 47-2289205
Organization Overview
Negotiation Strategies Institute is located in Washington, DC. The organization was established in 2015. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Negotiation Strategies Institute 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 08/2023, Negotiation Strategies Institute generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $1.2m during the year ending 08/2023. While expenses have increased by 19.0% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXECUTIVE TRAINING PROGRAM BASED ON HARVARD METHODOLOGY IN NEGOTIATION & LEADERSHIP: ONE YEAR EXECUTIVE TRAINING PROGRAM THAT CONSISTS OF EIGHT WORKSHOPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Shapiro Board Member | 1 | $0 | |
Jane Sherburne Chairman Of The Board | 1 | $0 | |
Ken Hyatt Board Member | 1 | $0 | |
Oliver Mcternan Board Member | 1 | $0 | |
Alain Lempurer Board Member | 1 | $0 | |
Ihab Khatib Executive Director | 42 | $87,651 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,209,711 |
| Interest on Savings | $2,195 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $35,936 |
| Total Revenue | $1,247,842 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $169,692 |
| Other employee salaries and wages | $416,524 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $6,369 |
| Occupancy | $72,937 |
| Travel, conferences, and meetings | $158,696 |
| Printing and publications | $0 |
| Other expenses | $363,715 |
| Total operating and administrative expenses | $1,244,226 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,244,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $367,467 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,568 |
| Net Pledges Receivable | $615,923 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $18,203 |
| Other assets | $0 |
| Total assets | $1,003,161 |
| Accounts payable and accrued expenses | $29,779 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,500 |
| Total liabilities | $34,279 |