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Nonprofiteer
← BABSON GLOBAL INC

Form 990 for tax year 2023

Filed by BABSON GLOBAL INC.

Totals

Total revenue
$4,826,543
Total expenses
$3,274,886
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$4,127,048
Investment income
$699,495
Other revenue
$0
Total assets, end of year
$69,625,051
Total liabilities, end of year
$12,438,384
Net assets or fund balances, end of year
$57,186,667
Program services expenses (Part IX)
$2,313,205
Management and general expenses
$961,681
Fundraising expenses
$0
Program service expenses (Part III)
$2,313,205

Program services were 70.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ANDREW CORBETT

    DIRECTOR (UNTIL 12/31/23)

    Total calculated
    $438,566
    From this org
    $0
    From related orgs
    $359,582
    Other
    $78,984
    Hours/week
    1.2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $358,509 related
    Bonus
    $0
    Other
    $0 + $1,073 related
    Deferred
    $0 + $32,740 related
    Nontaxable benefits
    $0 + $46,244 related
    Filer's total
    $0 + $438,566 related

  • BRIGITTE MUEHLMANN

    DIRECTOR

    Total calculated
    $318,288
    From this org
    $0
    From related orgs
    $280,888
    Other
    $37,400
    Hours/week
    1.2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $279,222 related
    Bonus
    $0
    Other
    $0 + $1,666 related
    Deferred
    $0 + $33,071 related
    Nontaxable benefits
    $0 + $4,329 related
    Filer's total
    $0 + $318,288 related

  • RONALD G WEINER

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1.2

  • JOSEPH WINN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.2

  • JAMES RULLO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.2 + 1.2 related

  • GAURAB BHARDWAJ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.2

  • DAVID ABDOW

    PRESIDENT, CEO & TREASURER

    Total calculated
    $361,843
    From this org
    $0
    From related orgs
    $275,131
    Other
    $86,712
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $273,206 related
    Bonus
    $0
    Other
    $0 + $1,925 related
    Deferred
    $0 + $37,696 related
    Nontaxable benefits
    $0 + $49,016 related
    Filer's total
    $0 + $361,843 related

  • MATTHEW MCINTYRE

    CLERK

    Total calculated
    $253,716
    From this org
    $0
    From related orgs
    $186,090
    Other
    $67,626
    Hours/week
    1.2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $175,365 related
    Bonus
    $0 + $10,000 related
    Other
    $0 + $725 related
    Deferred
    $0 + $23,226 related
    Nontaxable benefits
    $0 + $44,400 related
    Filer's total
    $0 + $253,716 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3:
ALL EMPLOYEES WERE COMPENSATED BY A RELATED ORGANIZATION WHILE THEY SERVED AS OFFICERS OF THE ORGANIZATION DURING THE FISCAL YEAR. THE RELATED ORGANIZATION USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: - COMPENSATION SURVEYS - COMPENSATION COMMITTEE - APPROVAL BY THE COMPENSATION COMMITTEE
SCHEDULE J, PART I, LINE 7:
NON-FIXED PAYMENTS WERE DETERMINED BY AND PAID BY A RELATED ORGANIZATION. THE ABOVE DESCRIBED METHODS WERE FOLLOWED WHEN DETERMINING THE AMOUNTS PAID.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CHARITABLE REMAINDER UNITRUST (2)

    T · FUNDRAISING · MA

    Directly controlled by BABSON COLLEGE

Provenance

Return type
form_990
Tax year
2023
Filed
5 May 2025
IRS schema version
2023v6.0
Source object
202541329349303324

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