2025-04-16T08:45:28-05:00 2024-09-30 261472386 SCHAFER TSCHOPP WHITCOMB ET AL 541 S ORLANDO AVENUE SUITE 312 MAITLAND FL 32751 990 2023-10-01 311428403 INTERNATIONAL BUSINESS INNOVATION ASSOCIATION INC INTE 2394024450 PO BOX 1411 POWELL OH 430659113 CHARLES ROSS PRESIDENT/CEO 2394024450 2025-04-16 1 0 THOMAS TSCHOPP P00836892 4078752760 2023 2025-03-06 01:10:19Z CHARLES ROSS PO BOX 1411 POWELL OH 430659113 924927 0 X WWW.INBIA.ORG X 1996 FL TO EMPOWER ENTREPRENEUR SUPPORT ORGANIZATIONS BY CREATING AN IMPACTFUL COMMUNITY THROUGH COMPREHENSIVE RESOURCES, TRAINING, AND THOUGHT LEADERSHIP. 16 16 7 0 0 0 150850 133645 966806 710255 304 808 6741 80219 1124701 924927 0 0 0 0 380361 336648 0 0 0 699126 506790 1079487 843438 45214 81489 1153731 1218003 878772 861555 274959 356448 TO EMPOWER ENTREPRENEUR SUPPORT ORGANIZATIONS BY CREATING AN IMPACTFUL COMMUNITY THROUGH COMPREHENSIVE RESOURCES, TRAINING, AND THOUGHT LEADERSHIP. 0 0 394228 369510 EVENTS- INCLUDES TWO MAJOR CONVENINGS, INBIA'S INTERNATIONAL CONFERENCE ON BUSINESS INCUBATION (ICBI), AND E.BUILDERS FORUM. ICBI BRINGS TOGETHER INDUSTRY PROFESSIONALS FROM ACROSS THE GLOBE TO EXPLORE TOPICS RELATED TO ENTREPRENEURIAL SUPPORT THROUGH EDUCATION SESSIONS, PEER DISCUSSIONS, AND NETWORKING OPPORTUNITIES. ICB WAS DELIVERED IN PERSON WITH OVER 260 ATTENDEES. ATTENDEES PARTICIPATED IN MODERATED PANEL PRESENTATIONS AND PLENARY SESSIONS. THE E. BUILDERS FORUM EXAMINES THE INTERSECTION OF ENTREPRENEUR SUPPORT AND ECOSYSTEM BUILDING WITHIN THE CONTENT OF ONE OR MORE COMMUNITIES WITHIN THE UNITED STATES. THE E. BUILDERS FORUM CONVENED OVER 100 ATTENDEES. . 65209 96960 PROFESSIONAL DEVELOPMENT - ENTREPRENEURIAL SUPPORT PROFESSIONALS FROM ACROSS THE WORLD PARTICIPATE IN INTENSIVE TRAINING ON VARIOUS TOPICS RELATED TO IMPROVING THE SUCCESS OF ENTREPRENEURS. THE TRAINING IS HELD IN CONJUCTION WITH THE ANNUAL CONFERENCE AND SOME COURSES ARE AVAILABLE ONLINE. ONLINE COURSES TYPICALLY TAKE TWO WEEKS TO COMPLETE. 203427 206670 RESEARCH GRANTS/CONTRACTS - GRANT ACTIVITY AND CONTRACTS TO ADVANCE THE STATE OF THE ENTREPRENEURSHIP SUPPORT INDUSTRY AND GENERATE RESEARCH DATA AND REPORTS TO SUPPORT ENTREPRENEUR SUPPORT PROFESSIONALS. INBIA OPERATES TWO GRANTS FROM THE EWING MARION KAUFMAN FOUNDATION AND JP MORGAN CHASE FOUNDATION TO CURATE A COMMUNITY OF PRACTICE FOCUSED ON EQUITABLE ENTREPRENEUR SUPPORT. 70927 18865 70927 18865 733791 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 7 1 0 0 0 0 0 0 0 0 0 0 X 16 16 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X CHARLES ROSS 2394024450 PO BOX 1411 POWELL OH 430659113 STEVE DEBRETTO CHAIR 1.00 X X 0 0 0 LINDA FOWLER FIRST CHAIR 1.00 X X 0 0 0 ERIC SMITH SECOND CHAIR 1.00 X X 0 0 0 ARIELLA LUKACH TREASURER 1.00 X X 0 0 0 ANTHONY DURANTE SECRETARY 1.00 X X 0 0 0 GLORIA WARE DIRECTOR 1.00 X 0 0 0 MARC ALESSI DIRECTOR 1.00 X 0 0 0 KRISTIN BURTON DIRECTOR 1.00 X 0 0 0 HAYDEN BLACKBURN DIRECTOR 1.00 X 0 0 0 DAVID FONSECA DIRECTOR 1.00 X 0 0 0 HERMAN NYAMUNGA DIRECTOR 1.00 X 0 0 0 BRAD RICKELMAN DIRECTOR 1.00 X 0 0 0 NED STAEBLER DIRECTOR 1.00 X 0 0 0 LINDA UFLAND DIRECTOR 1.00 X 0 0 0 LYNNETE WHITE-COLIN DIRECTOR 1.00 X 0 0 0 PAUL RISER DIRECTOR 1.00 X 0 0 0 LISA SMITH DIRECTOR 1.00 X 0 0 0 CHARLES ROSS PRESIDENT AND CEO 40.00 X 162103 0 0 162103 0 0 1 0 1 0 0 133645 133645 EVENTS 900099 369510 369510 CONTRACTS/GRANTS 900099 206670 206670 PROFESSIONAL DEVELOPME 900099 96960 96960 PARTNERSHIP AGREEMENT 900099 18250 18250 INTERNATIONAL PROGRAMS 900099 16500 16500 2365 2365 710255 808 808 OTHER INCOME 900099 80219 80219 80219 924927 710255 0 81027 162103 123321 38782 156713 119220 37493 4807 3701 1106 13025 10030 2995 20559 20559 2406 2406 8668 8668 8360 7524 836 4783 4783 15752 7876 7876 6693 6693 COST OF EVENTS 224790 224790 PROJECT MANAGEMENT 108649 108649 MEMBERSHIP EXPENSES 62265 62265 INSTRUCTOR FEES AND REL 20787 20787 23078 23078 843438 733791 109647 0 994395 826007 128889 384881 23794 1568 1568 4389 4851 10048 10048 0 0 696 696 1153731 1218003 50668 87137 511891 485802 45354 25196 270859 263420 878772 861555 X 254959 336448 20000 20000 274959 356448 1153731 1218003 81489 0 X 0 1 X 1 0 X 215324 187793 195434 150850 133645 883046 298096 833454 1145012 966806 710255 3953623 513420 1021247 1340446 1117656 843900 4836669 0 0 0 4836669 855 185 195 304 808 2347 855 185 195 304 808 2347 2258 9951 9884 6741 80219 109053 516533 1031383 1350525 1124701 924927 4948069 0.97750 0.99390 0.00050 0.00060 X 20000 20000 20000 20000 20000 20000 20000 20000 20000 20000 0 0 10048 10048 0 0 CONTINGENT LIABILITIES 59092 EIDL LOAN 204328 263420 X 924927 0 924927 0 924927 843438 0 843438 0 843438 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISIONS FOR FEDERAL AND STATE INCOME TAXES HAVE BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ASSOCIATION FOLLOWS THE STANDARD FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. AS A RESULT OF THE IMPLEMENTATION, THE ASSOCIATION RECOGNIZED NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE ASSOCIATION FILES AS A TAX-EXEMPT ORGANIZATION. THE ASSOCIATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ASSOCIATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, EXCISE OR OTHER TAXES. 0 0 0 0 0 0 0 0 0 CHARLES ROSS PRESIDENT AND CEO 162103 0 0 0 0 0 0 0 0 0 162103 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 MOLLY MORDOCCO IS EMPLOYED AS MANAGER OF TRAINING AND IS THE SISTER OF LINDSAY SCHUENKE, INBIA'S DIRECTOR OF CONTENT. FOR THE YEAR ENDED 9/30/24, MOLLY MORDOCCO RECEIVED $20,223 IN COMPENSATION AND LINDSAY SCHUENKE RECEIVED $65,491 IN COMPENSATION. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS SHALL BE ELECTED FOR A TERM OF THREE YEARS BY THE MEMBERS OF THE ASSOCIATION FROM A SLATE RECOMMENDED BY THE NOMINATING COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING THE RETURN. ONCE THE BOARD APPROVES, FORM 990 IS ELECTRONICALLY FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST ARE REQUIRED TO BE DISCLOSED ANNUALLY BY THE DIRECTORS AND OFFICER. DIRECTORS SHALL REFRAIN FROM VOTING ON ALL MOTIONS INVOLVING ACCEPTANCE OF CONTRACTS OR AWARD OF WORK FOR WHICH RENUMERATION IS MADE IN WHICH THEY HAVE A DIRECT PERSONAL OR FINANCIAL INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE DETERMINATION OF THE PRESIDENT'S COMPENSATION IS THE RESPONSIBILITY OF THE EXECUTIVE COMMITTEE WHICH MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL. THE PROCESS INCLUDES AN ANNUAL PERFORMANCE REVIEW AND THE STUDY OF COMPARABLE COMPENSATION DATA FROM PEER INSTITUTIONS. IN ADDITION TO THE COMPENSATION FACTORS DESCRIBED ABOVE, THE RECOMMENDATION FOR ANY PARTICULAR YEAR SHALL TAKE INTO ACCOUNT THE FINANCIAL CONDITION OF THE ORGANIZATION. THE EXECUTIVE COMMITTEE AND THE BOARD OF DIRECTORS MAINTAIN A DETAILED RECORD OF THE MEETINGS AND DISCUSSIONS RELATIVE TO THE EXECUTIVE COMPENSATION. MEANWHILE, THE PRESIDENT RECOMMENDS THE COMPENSATION OF ALL EMPLOYEES, INCLUDING "KEY EMPLOYEES" AS PART OF THE ANNUAL BUDGET APPROVAL PROCESS. KEY EMPLOYEE SALARIES ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS IN CONJUCTION WITH THE ANNUAL BUDGET REVIEW PROCESS. INFORMATION DESCRIBED IN THE DETERMINATION OF THE PRESIDENT'S COMPENSATION IS ALSO USED FOR DETERMINING COMPENSATION FOR "KEY EMPLOYEES". 2021 WAS THE MOST RECENT YEAR IN WHICH THE PROCESS INCLUDED REVIEW AND APPROVAL BY INDEPENDENT PERSONS (THE BOARD OF DIRECTORS), COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDED ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.