Overview
What is International Business Innovation Association Inc?
International Business Innovation Association Inc, headquartered in Orlando, Florida, is a nonprofit organization with a mission to empower entrepreneur support organizations. They achieve this by providing comprehensive resources, training, and thought leadership. The organization hosts three major events annually, including the International Conference on Business Incubation (ICBI), E.Builders Forum, and the Advance Leadership Summit. ICBI is a global gathering of industry professionals, while the E.Builders Forum focuses on entrepreneur support and ecosystem building within communities in the U.S. The Advance Leadership Summit addresses topics related to community and organizational leadership for executive managers of entrepreneur support organizations. During ICBI 2022, over 260 attendees participated in educational sessions, peer discussions, and networking opportunities. The E.Builders Forum attracted over 60 attendees, and the Advance Leadership Summit convened more than 40 attendees. With a team of seven dedicated individuals, International Business Innovation Association Inc is committed to fostering a strong and supportive community for entrepreneurial growth and success.
Official website here: www.inbia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
The International Business Innovation Association Inc has received an overall score of 81%, which reflects its strong commitment to accountability and finance. This score is based solely on the accountability and finance beacon, indicating that the organization has focused on transparency and responsible management of its resources. The rating highlights the presence of a majority independent board and a comprehensive audit and oversight committee.
Strengths of the organization include perfect scores in several areas such as the independence of board members, the existence of essential policies like conflict of interest and whistleblower protections, and a solid program expense ratio of 80.45%. This suggests that a significant portion of their expenditures directly supports their mission-driven activities, which is a positive indicator for potential donors.
However, there is a notable concern regarding the organization's liabilities to assets ratio, which scored 0 out of 15 points. This could indicate potential financial risk if liabilities are too high relative to assets. Overall, while the International Business Innovation Association demonstrates strengths in governance and financial responsibility, prospective supporters might consider this aspect of its financial health when making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is International Business Innovation Association Inc legitimate?
International Business Innovation Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Business Innovation Association 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: $140,235
Professional Fundraising Fees: $0
Other Salaries and Wages: $275,993
For more financial information, click here
Official website here: www.inbia.org
What is the mission statement of International Business Innovation Association Inc?
The International Business Innovation Association Inc's mission is centered around empowering entrepreneur support organizations. They aim to achieve this by fostering a powerful community through the provision of comprehensive resources, training, and thought leadership. This organization strives to create an impactful network where these organizations can grow and thrive. They achieve this by organizing significant events such as their International Conference on Business Incubation, E.Builders Forum, and the Advance Leadership Summit. These events provide opportunities for industry professionals to explore entrepreneurial support through education sessions, peer discussions, and networking opportunities. The conferences attract a large number of attendees, with the International Conference on Business Incubation drawing over 260 attendees, and the E.Builders Forum and Advanced Leadership Summit each convening over 60 and 40 attendees respectively.
Official website here: www.inbia.org
Who is the CEO of International Business Innovation Association Inc?
Charles Ross is the First Vice Chair of International Business Innovation Association Inc. The CEO's salary of International Business Innovation Association Inc is $140,235 and their total compensation is $145,869.
Official website here: www.inbia.org
What is the revenue of International Business Innovation Association Inc?
International Business Innovation Association Inc's revenue in 2022 was $1,460,550.
Official website here: www.inbia.org
Who are the executives of International Business Innovation Association Inc and what are their salaries?
The average compensation at International Business Innovation Association Inc during 2022 was $59,461. There are 7 employees and 17 volunteers at International Business Innovation Association Inc.
Here are 18 key members and their salaries (International Business Innovation Association Inc's CEO's salary is $140,235 and their total compensation is $145,869):
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- Compensation: $140,235
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- Other: $5,634
Official website here: www.inbia.org
Where can I find the form 990 for International Business Innovation Association Inc?
International Business Innovation Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.inbia.org
Learn more at the official website: www.inbia.org
Mission Statement of International Business Innovation Association Inc
The International Business Innovation Association Inc is committed to empowering entrepreneur support organizations by establishing a powerful community. They achieve this objective through the provision of extensive resources, training, and thought leadership. The association's mission is to create an impactful network that fosters collaboration and knowledge sharing among entrepreneurial support organizations worldwide. By offering comprehensive resources, they aim to equip these organizations with the necessary tools to thrive and make a significant impact in their respective communities. Furthermore, the International Business Innovation Association Inc provides training opportunities to help these organizations improve their skills and stay updated on the latest trends in entrepreneurial support. Additionally, the association serves as a thought leader, sharing insights and best practices within the industry to help these organizations drive positive change and growth.
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Impact
October, 2024
The International Business Innovation Association Inc. significantly impacts the entrepreneurial landscape by empowering support organizations through a robust community framework. By providing comprehensive resources, training, and thought leadership, it fosters an environment conducive to innovation and growth.
Their well-structured events, such as the International Conference on Business Incubation (ICBI), E.Builders Forum, and the Advance Leadership Summit, are pivotal in driving dialogue and collaboration among industry professionals. The ICBI, for example, draws global experts to discuss entrepreneurial support topics, facilitating education sessions and peer networking that enhances the capabilities of those involved in entrepreneurial ecosystems. With over 260 attendees at the most recent conference, it serves as a powerful platform for sharing best practices and insights.
The E.Builders Forum further solidifies their impact by focusing on community-specific challenges and solutions, thereby promoting an understanding of ecosystem building within various U.S. contexts. Meanwhile, the Advance Leadership Summit uniquely supports executive managers in enhancing their leadership skills, ensuring that the organizations they lead are effective in fostering entrepreneurship.
Overall, the International Business Innovation Association Inc. cultivates a thriving community of entrepreneurs and their supporters, ultimately driving economic growth and innovation across regions.
This information is meant to be a general summary of International Business Innovation Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $195
- Program Service Revenue: $1,145,012
- Gross Receipts: $1,460,550
Assets and Liabilities:
- Total Assets: $924,448
- Total Liabilities: $694,703
- Net Assets: $229,745
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONRACTS/GRANTS
Revenue
$673,429
EVENTS
Revenue
$311,816
PROFESSIONAL DEVELOPME
Revenue
$133,851
INTERNATIONAL PROGRAMS
Revenue
$21,706
KNOWLEDGE SERVICES
Revenue
$4,210
Organization Details
Founding Year
1996
Phone
(407) 965-5653Principal Officer
Charles Ross
Main Address
PO BOX 677279, ORLANDO, FL, 32867
Website
www.inbia.orgNTEE Category
Code: B51Z - Education
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