Academy Of International Business
- Assets
- $3.2m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 6
- Location
- East Lansing, MI
- Founding
- 09/2015
- Data as of
- 12/2022
- EIN
- 30-0876454
Organization Overview
Academy Of International Business is located in East Lansing, MI. The organization was established in 2015. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 12/2022, Academy Of International Business employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of International Business 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 12/2022, Academy Of International Business generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 1.5% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE CREATE, NURTURE, AND EMPOWER A GLOBAL COMMUNITY OF SCHOLARS FOCUSED ON CREATING, ADVANCING, AND DISSEMINATING KNOWLEDGE IN INTERNATIONAL BUSINESS RESEARCH, EDUCATION, POLICY, AND PRACTICE.
Describe the Organization's Program Activity:
THE ACADEMY OF INTERNATIONAL BUSINESS HELD ITS ANNUAL CONFERENCE IN MIAMI, FLORIDA, FOLLOWED BY A VIRTUAL COMPONENT HOSTING 1000 MEMBERS. AS THE PREMIER GLOBAL COMMUNITY OF INTERNATIONAL BUSINESS SCHOLARS, AIB USED THIS EVENT AS AN OPPORTUNITY TO INNOVATE THE WAYS RESEARCHERS CONNECT, SHARE KNOWLEDGE, AND EXPAND THEIR SKILLSETS. VISIT THE AIB 2022 ONLINE WEBPAGE FOR MORE INFORMATION. ALL PROGRAM DETAILS WITH INFORMATION ON PROGRAM, SCHOLARSHIPS, AWARDS, PHOTOS, AND MORE CAN BE FOUND AT: HTTPS://WWW.AIB.WORLD/EVENTS/2022/.
PRODUCED THE JOURNAL OF INTERNATIONAL BUSINESS STUDIES (JIBS). THE JOURNAL IS DISTRIBUTED TO AND BENEFITS ALL MEMBERS. THE JOURNAL IS PUBLISHED 9 TIMES PER YEAR. VISIT: HTTPS://WWW.AIB.WORLD/PUBLICATIONS/JOURNAL-OF-INTERNATIONAL-BUSINESS-STUDIES/. PRODUCED THE JOURNAL OF INTERNATIONAL BUSINESS POLICY (JIBP). THE JOURNAL IS DISTRIBUTED TO AND BENEFITS ALL MEMBERS. THE JOURNAL IS PUBLISHED 4 TIMES PER YEAR. FOR MORE DETAILED INFORMATION VISIT: HTTPS://WWW.AIB.WORLD/PUBLICATIONS/JOURNAL-OF-INTERNATIONAL-BUSINESS-POLICY/. PRODUCED AIB INSIGHTS. THE JOURNAL IS DISTRIBUTED TO AND BENEFITS ALL MEMBERS. THE JOURNAL IS PUBLISHED 4 TIMES PER YEAR. FOR MORE DETAILED INFORMATION VISIT: HTTPS://WWW.AIB.WORLD/PUBLICATIONS/AIB-INSIGHTS/.
PUBLISHED THE AIB NEWSLETTER ON A BI-WEEKLY BASIS. NEWSLETTER IS DISTRIBUTED TO ALL MEMBERS AND INCLUDES INFORMATION ABOUT ONGOING RESEARCH PROJECTS, MEMBER OPPORTUNITIES, NEW PUBLICATIONS, AND OTHER DEVELOPMENTS. FOR AIB NEWSLETTER VISIT: HTTPS://WWW.AIB.WORLD/PUBLICATIONS/AIB-NEWSLETTER/. ORGANIZED 24 ONLINE WEBINARS AND WORKSHOPS. DISCUSSED LATEST RESEARCH FINDINGS. PROVIDED PROFESSIONAL DEVELOPMENT OPPORTUNITIES. DISCUSSED BEST PRACTICES AND NEW TECHNIQUES AND SKILLS IN PEDAGOGY. FOR INFORMATION ON AIB WEBINARS, PLEASE VISIT HTTPS://WWW.AIB.WORLD/EVENTS/ STARTED FRONTLINE IB, A PODCAST SERIES FEATURING INTERVIEWS WITH TOP SCHOLARS IN INTERNATIONAL BUSINESS. FOR MORE INFORMATION, PLEASE VISIT HTTPS://WWW.AIB.WORLD/COMMUNITY/FRONTLINE-IB/
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Clegg Past President 20-21 | OfficerTrustee | 5 | $0 |
Gary Knight VP Program 20-21 | OfficerTrustee | 5 | $0 |
Maria Tereza Leme Fleury President 22-23 | OfficerTrustee | 10 | $0 |
Rebecca Reuber VP Admin 20-22 | OfficerTrustee | 1 | $0 |
Farok Contractor President 21-22 | OfficerTrustee | 5 | $0 |
Andrew Delios VP Program 20-22 | OfficerTrustee | 5 | $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 | $36,341 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,341 |
| Total Program Service Revenue | $1,119,251 |
| Investment income | $71,618 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,804 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,202,539 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $18,059 |
| Grants and other assistance to Foreign Orgs/Individuals | $48,090 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $132,189 |
| Compensation of current officers, directors, key employees. | $132,189 |
| 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 | $0 |
| Fees for services: Legal | $5,135 |
| Fees for services: Accounting | $25,296 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,590 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9 |
| Information technology | $13,311 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $650,395 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,384 |
| All other expenses | $0 |
| Total functional expenses | $1,289,846 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $256,783 |
| Savings and temporary cash investments | $685,305 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $295,025 |
| 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 | $2,012,196 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,249,309 |
| Accounts payable and accrued expenses | $13,395 |
| Grants payable | $0 |
| Deferred revenue | $129,559 |
| 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 | $0 |
| Total liabilities | $142,954 |
| Net assets without donor restrictions | $3,085,474 |
| Net assets with donor restrictions | $20,881 |
| 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 | $3,249,309 |