Xbrl International Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161632865 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is Xbrl International Inc?

Xbrl International Inc, based in Washington D.C., is a not-for-profit global consortium. Its primary mission is to enhance the accountability and transparency of business performance worldwide. They achieve this by promoting the XBRL standard, an open data exchange format for business reporting. XBRL International operates in the public interest, collaborating with leading technology, accounting, financial services, and regulatory organizations globally. Their freely licensed standards aim to streamline business reporting, fostering a more transparent and interconnected global economy.


Official website here: www.xbrl.org

Is Xbrl International Inc legitimate?

Xbrl International Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Xbrl International Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.xbrl.org

What is the mission statement of Xbrl International Inc?

XBRL International Inc, acting as a global not-for-profit organization, aims to enhance the accountability and transparency of business performance worldwide. They achieve this by providing an open data exchange standard for business reporting, which is freely licensed. Operating in the public interest, XBRL International Inc functions as a global consortium, collaborating with leading technology, accounting, financial services, and regulatory organizations to develop and advocate for the XBRL standard. The goal is to improve the efficiency and clarity of financial reporting, ultimately promoting greater trust and understanding in global markets.


Official website here: www.xbrl.org

Who is the CEO of Xbrl International Inc?

John Turner is the Ceo of Xbrl International Inc. The CEO's salary of Xbrl International Inc is $0 and their total compensation is $0.


Official website here: www.xbrl.org

What is the revenue of Xbrl International Inc?

Xbrl International Inc's revenue in 2022 was $1,073,154.


Official website here: www.xbrl.org

Who are the executives of Xbrl International Inc and what are their salaries?

There 150 volunteers at Xbrl International Inc.


Here are 10 key members and their salaries (Xbrl International Inc's CEO's salary is $0 and their total compensation is $0):


John Turner (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Bricker (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yoshiaki Wada (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Tan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Fitz-Gerald (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Atul Kumar Gupta (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karla Mckenna (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chao Li (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Mora (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rory Voller (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.xbrl.org

Where can I find the form 990 for Xbrl International Inc?

Xbrl International Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.xbrl.org

Learn more at the official website: www.xbrl.org

Mission Statement of Xbrl International Inc

XBRL International Inc, operating as a not-for-profit global consortium, is committed to enhancing accountability and transparency in business performance worldwide. They achieve this goal by providing an open data exchange standard for business reporting. This standard, known as XBRL, is freely licensed, allowing organizations to share financial information in a consistent and accessible format. By operating in the public interest, XBRL International Inc aims to foster a more transparent business landscape, promoting better decision-making and improved investor confidence. The organization brings together leading technology, accounting, financial services, and regulatory organizations to develop and promote the XBRL standard, thereby contributing to global financial reporting efficiency.

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Impact




October, 2024

XBRL International Inc. plays a pivotal role in enhancing accountability and transparency in business performance worldwide. By providing the open data exchange standard for business reporting, it enables organizations to report financial and operational data in a structured and standardized format. This facilitates easier analysis, comparison, and accessibility of business information for stakeholders, including investors, regulators, and the general public.

Through the establishment of a global consortium that includes leading technology, accounting, financial services, and regulatory organizations, XBRL International has fostered collaboration and innovation in financial reporting. The freely licensed standards it develops promote consistency and clarity in data presentation, which ultimately supports informed decision-making.

The organization’s commitment to public interest means its standards are designed to serve not just individual participants, but the broader community. The impact of XBRL International extends to improving the quality of corporate reporting and enhancing trust among market participants, thereby contributing to more efficient capital markets and better economic outcomes globally.




This information is meant to be a general summary of Xbrl International Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,073,154 (2022)
Expenses
$983,085 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $100
  • Program Service Revenue: $46,307
  • Gross Receipts: $1,073,154

Assets and Liabilities:

  • Total Assets: $801,329
  • Total Liabilities: $375,957
  • Net Assets: $425,372

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CERTIFICATION REVENUE

Revenue

$24,900

CONSULTING REVENUE

Revenue

$21,407

Organization Details

Founding Year

2001

Principal Officer

John Turner

Main Address

1250 CONNECTICUT AVE 700, WASHINGTON, DC, 20036

NTEE Category

Code: S40 - Community improvement

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