Consulting Center For Competitiveness Inc is located in New York, NY. The organization was established in 2018. According to its NTEE Classification (Q33) the organization is classified as: International Relief, 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. Consulting Center For Competitiveness Inc 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 12/2023, Consulting Center For Competitiveness Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $2.9m during the year ending 12/2023. 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
TO PROVIDE A SOCIAL ENTREPRENEURSHIP PLATFORM THAT ENABLES COMPANIESTO HAVE CONTACT WITH LOCAL MICRO ENTERPRISES IN COLOMBIA AND LATINAMERICAN COUNTRIES AND PROVIDE TECHNOLOGICAL AND FINANCIAL ADVICE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adriana Sarmiento Ceo, Treasurer, Director | 40 | $0 | |
Michael Fairbanks Director | 0 | $0 | |
Michael Hollihan Director, Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,085,600 |
| Interest on Savings | $6,876 |
| 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 | $268,353 |
| Total Revenue | $1,360,829 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $1,249,797 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $167,851 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,472,417 |
| Total operating and administrative expenses | $2,890,065 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,890,065 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,959 |
| Savings and temporary cash investments | $6,132 |
| Net Accounts receivable | $8,531 |
| Net Pledges Receivable | $0 |
| 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 | $207,542 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,243,489 |
| Total assets | $2,506,653 |
| Accounts payable and accrued expenses | $0 |
| 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 | $119,453 |
| Total liabilities | $119,453 |