Icca Foundation Inc
- Assets
- $3.0m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/2017
- Data as of
- 12/2022
- EIN
- 47-2655913
Organization Overview
Icca Foundation Inc is located in New York, NY. The organization was established in 2017. According to its NTEE Classification (I51) the organization is classified as: Dispute Resolution & Mediation, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Icca Foundation 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 12/2022, Icca Foundation Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 7.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ICCA FOUNDATION'S MISSION IS FOSTERING THE PEACEFUL RESOLUTION OF INTERNATIONAL DISPUTES THROUGH ARBITRATION, CONCILIATION AND OTHER FORMS OF INTERNATIONAL DISPUTE RESOLUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATIONS -IN 2022, ICCA PUBLISHED THE FOLLOWING INCOME-PRODUCING PUBLICATIONS:- VOLUME XLVII OF THE ICCA YEARBOOK ON COMMERCIAL ARBITRATION, REPORTING ON OVER 100 ARBITRAL AWARDS AND COURT JUDGMENTS APPLYING THE MAIN ARBITRATION CONVENTIONS- FIVE SUPPLEMENTS TO THE INTERNATIONAL HANDBOOK ON COMMERCIAL ARBITRATION- ALL ICCA PUBLICATIONS ARE PUBLISHED IN THE ONLINE ARBITRATION DATABASE WWW.KLUWERARBITRATION.COMICCA ALSO PUBLISHED:- THE 10TH EDITION OF THE ICCA MEMBERSHIP DIRECTORY;- 32 ADDITIONAL COUNTRY REPORTS FOR THE PROJECT "IS THERE A RIGHT TO A PHYSICAL HEARING IN INTERNATIONAL ARBITRATION?" WERE PUBLISHED ON THE ICCA WEBSITE;- A TRANSLATION OF ICCA'S GUIDE TO THE INTERPRETATION OF THE 1958 NEW YORK CONVENTION INTO AZERBAIJANI;- ICCA REPORTS SERIES NO. 6 (2022 EDITION): ICCA-NYC BAR-CPR PROTOCOL ON CYBERSECURITY IN INTERNATIONAL ARBITRATION- ICCA REPORTS SERIES NO. 7: THE ICCA-IBA ROADMAP TO DATA PROTECTION IN INTERNATIONAL ARBITRATION- ICCA REPORTS SERIES NO. 8 (2022 UPDATE): REPORT OF THE CROSS-INSTITUTIONAL TASK FORCE ON GENDER DIVERSITY IN ARBITRAL APPOINTMENTS AND PROCEEDINGS- ICCA REPORTS SERIES NO. 10: DOES A RIGHT TO A PHYSICAL HEARING EXIST IN INTERNATIONAL ARBITRATION?
ICCA RESEARCH AND OUTREACH PROJECTS -DURING 2022, ICCA'S PROJECT WORK WAS AS FOLLOWS:- THE WORKING GROUP ON AFRICAN ARBITRAL PRACTICE (WHICH SEEKS TO INCREASE COORDINATION AND COOPERATION AMONG AFRICAN ARBITRAL INITIATIVES IN THE AREAS OF ACCESS TO RESOURCES, EDUCATION AND TRAINING, AND THE PROVISION OF TECHNICAL ASSISTANCE) COLLABORATED WITH THE AFRICAN ARBITRATION ASSOCIATION IN EARLY PREPARATIONS FOR ITS FOURTH ANNUAL CONFERENCE THAT TOOK PLACE IN OCTOBER 2022 IN CAPE TOWN;- THE ICCA-UNIVERSITY OF TSINGUA WORKING GROUP ON CHINESE ARBITRAL PRACTICE PROVIDED ARBITRATION-RELATED COURT DECISIONS FROM CHINESE COURTS FOR PUBLICATION IN THE ICCA YEARBOOK COMMERCIAL ARBITRATION;- THE JOINT ICCA-ASIL TASK FORCE ON DAMAGES IN INTERNATIONAL ARBITRATION (SEEKING TO DEVELOP A TECHNICAL AND ANALYTICAL DAMAGES TOOL FOR USE BY ARBITRATION PRACTITIONERS) FINALIZED ITS APP; - A JOINT ICCA-IBA TASK FORCE ON DATA PROTECTION IN INTERNATIONAL ARBITRATION PROCEEDINGS FINALIZED ITS REPORT ON DATA PROTECTION;- THE WORKING GROUP ESTABLISHED TO EXAMINE THE QUESTION WHETHER THERE IS A RIGHT TO A PHYSICAL HEARING IN INTERNATIONAL ARBITRATION PUBLISHED VOLUME 10 OF THE ICCA REPORTS SERIES; - ICCA HELD NEW YORK CONVENTION ROADSHOWS (COLLOQUIA FOR NATIONAL COURT JUDGES ON THE APPLICATION OF THE 1958 NEW YORK CONVENTION) IN SOFIA, BULGARIA (SEPTEMBER 2022) AND BAKU, AZERBAIJAN (OCTOBER 2022).
YOUNG ICCA -DURING 2022, ICCA'S BRANCH FOR YOUNG PRACTITIONERS, YOUNG ICCA, HELD 3 ONLINE WEBINARS FOR YOUNG PRACTITIONERS AND 2 IN-PERSON SEMINARS, INVOLVING APPROXIMATELY 50 - 100 ATTENDEES PER WEBINAR (I.E., TOTAL APPROXIMATELY 200 - 400 ATTENDEES). THE YOUNG ICCA MENTORING PROGRAMME MENTORED APPROXIMATELY 180 YOUNG ARBITRATION PRACTITIONERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucy Reed President | OfficerTrustee | 6 | $0 |
Stanimir Alexandrov Vice President And Secretary | OfficerTrustee | 4 | $0 |
Loretta Malintoppi Vice President | OfficerTrustee | 4 | $0 |
Judith Gill Vice President Until April 2022 | OfficerTrustee | 4 | $0 |
Mohamed Abdel Wahab Treasurer | OfficerTrustee | 4 | $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 | $43,254 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,254 |
| Total Program Service Revenue | $1,460,839 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $53,096 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,557,189 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,396 |
| Grants and other assistance to Foreign Orgs/Individuals | $36,121 |
| 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 | $0 |
| Fees for services: Legal | $10,716 |
| Fees for services: Accounting | $16,074 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,113,250 |
| Advertising and promotion | $0 |
| Office expenses | $27,170 |
| Information technology | $48,615 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $27,276 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,135 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,673 |
| Insurance | $4,781 |
| All other expenses | $0 |
| Total functional expenses | $1,305,670 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,250,070 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $698,890 |
| 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 | $22,452 |
| Net Land, buildings, and equipment | $6,069 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,977,481 |
| Accounts payable and accrued expenses | $216,936 |
| Grants payable | $0 |
| Deferred revenue | $170,580 |
| 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 | $387,516 |
| Net assets without donor restrictions | $2,589,965 |
| 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 | $2,977,481 |