International Coaching Federation Global Enterprise
- Assets
- $24.8m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 09/2019
- Data as of
- 03/2022
- EIN
- 83-3632519
Organization Overview
International Coaching Federation Global Enterprise is located in Lexington, KY. The organization was established in 2019. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Coaching Federation Global Enterprise is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 03/2022, International Coaching Federation Global Enterprise generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 27.4% each year . All expenses for the organization totaled $6.7m during the year ending 03/2022. While expenses have increased by 11.7% per year over the past 2 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCING THE COACHING PROFESSION THROUGH STANDARDS, CERTIFICATION AND TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND CREDENTIALING - REIMAGINING THE FUTURE OF GLOBAL ACCREDITATION AND LEADING THE WAY WITH AN INNOVATIVE MODEL TO ENHANCE THE STANDARD OF EXCELLENCE WHEN IT COMES TO COACHING EDUCATION.
RESEARCH - THE ORGANIZATION INVESTS IN INDUSTRY RESEARCH TO DEMONSTRATE THE HIGHLY EFFECTIVE NATURE OF COACHING. THIS ALLOWS THE COMMUNITY OF COACHES TO STAND STRONG WITH FRESH KNOWLEDGE OF INDUSTRY TRENDS TO INFORM THEIR DAILY DECISIONS.
ETHICS - THE ORGANIZATION LEADS THE WAY IN DEVELOPING A DEFINITION AND PHILOSOPHY OF COACHING AND ESTABLISHING ETHICAL STANDARDS AMONG ITS MEMBERS. THE ORGANIZATION SETS PROFESSIONAL COACHING STANDARDS WHILE ALSO GIVING CONSUMERS A VENUE TO FILE ETHICS COMPLAINTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Procter-Rogers Mcc Secretary/treasurer And Board Member | OfficerTrustee | 2 | $0 |
Dumisani Magadlela Vice Chair And Board Member | OfficerTrustee | 2 | $0 |
Pat Mathews Chair And Board Member | OfficerTrustee | 2 | $0 |
Magdalena Nowicka Mook Ceo, Ex-Officio Board Member | OfficerTrustee | 10 | $0 |
Preeti D'mello Board Member | Trustee | 1 | $0 |
Linda Mcloughlin Mbs Mcc Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| 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 | $0 |
| Total Program Service Revenue | $856,918 |
| Investment income | $194,560 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $373,643 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $42,819 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,467,940 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $2,836,376 |
| Fees for services: Legal | $75,404 |
| Fees for services: Accounting | $28,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $78,775 |
| Fees for services: Other | $1,014,796 |
| Advertising and promotion | $1,528,574 |
| Office expenses | $34,673 |
| Information technology | $401,223 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $24,018 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $203,673 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,332 |
| Insurance | $31,062 |
| All other expenses | $13,491 |
| Total functional expenses | $6,699,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,346,494 |
| Savings and temporary cash investments | $11,188,341 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $465,954 |
| 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 | $301,374 |
| Net Land, buildings, and equipment | $106,720 |
| Investments—publicly traded securities | $9,990,908 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,428,107 |
| Total assets | $24,827,898 |
| Accounts payable and accrued expenses | $564,620 |
| Grants payable | $0 |
| Deferred revenue | $143,527 |
| 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 | $0 |
| Other liabilities | $23,860,424 |
| Total liabilities | $24,568,571 |
| Net assets without donor restrictions | $259,327 |
| 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 | $24,827,898 |
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