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Nonprofiteer
← EMERGING MARKETS INVESTORS ALLIANCE INC

Form 990 for tax year 2023

Filed by EMERGING MARKETS INVESTORS ALLIANCE INC.

Totals

Total revenue
$621,381
Total expenses
$725,901
Contributions and grants received
$602,057
Grants paid
$0
Program service revenue
$19,248
Investment income
$76
Other revenue
$0
Total assets, end of year
$626,590
Total liabilities, end of year
$1,920
Net assets or fund balances, end of year
$624,670
Program services expenses (Part IX)
$602,198
Management and general expenses
$117,510
Fundraising expenses
$6,193
Program service expenses (Part III)
$602,198

Program services were 83.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $602,057

  • 2a · Program service revenue: Program Services

    total $19,248 · related or exempt $19,248

  • 3 · Investment income

    total $76 · excluded $76

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $66,000 · program services $66,000

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $55,744 · program services $31,308 · management and general $18,327 · fundraising $6,109

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $438 · program services $438

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $14,989 · program services $2,947 · management and general $12,042

  • 12 · Advertising and promotion

    total $3,151 · program services $3,151

  • 13 · Office expenses

    total $23,192 · program services $14,298 · management and general $8,879 · fundraising $15

  • 14 · Information technology

    total $36,696 · program services $33,027 · management and general $3,669

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $413 · program services $413

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $14,280 · program services $14,280

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $2,521 · program services $1,108 · management and general $1,344 · fundraising $69

  • 24a · Other expenses: Program Directors

    total $452,472 · program services $435,228 · management and general $17,244

  • 24b · Other expenses: Consultants

    total $56,005 · management and general $56,005

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $717,155 · end of year $461,090

  • 3 · Pledges and grants receivable

    beginning of year $10,000 · end of year $165,500

  • 9 · Prepaid expenses and deferred charges

    beginning of year $10,833

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,798 · end of year $1,920

  • 27 · Net assets without donor restrictions

    beginning of year $729,190 · end of year $624,670

Mission and programs · 2023

Mission

The organization enables institutional emerging market investors to support good governance, promote sustainable development, and improve investment performance in the governments and companies in which they invest.

  • The organization enables institutional emerging market investors to support good governance, promote sustainable development, and improve investment performance in the governments and companies in which they invest. This is accomplish through the organizations conferences and education programs. The organization hold a conference in New York that share the latest information on market related issues. The organizations members are also invited and speak to audiences for related conferences. We seminars are held every month for specific topics.

    Expenses $602,198 · Revenue $19,248

As filed on the 2023 return.

Listed in Part VII

  • Askok Parameswaran

    President

    Total calculated
    $66,000
    From this org
    $66,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    60
  • AJ Mediratta

    Director

    Total calculated
    $0
    Hours/week
    1
  • Eric Fine

    Director

    Total calculated
    $0
    Hours/week
    1
  • Giulia Pellegrini

    Director

    Total calculated
    $0
    Hours/week
    1
  • Jas Beena

    Board Chair

    Total calculated
    $0
    Hours/week
    1
  • Jim Valone

    Director

    Total calculated
    $0
    Hours/week
    1
  • Jonathan Chou

    Director

    Total calculated
    $0
    Hours/week
    1
  • Marshall Stocker

    Director

    Total calculated
    $0
    Hours/week
    1
  • Michael Cirami

    Director

    Total calculated
    $0
    Hours/week
    1
  • Michela Ferrulli

    Director

    Total calculated
    $0
    Hours/week
    1
  • Sanjeev Khagram

    Director

    Total calculated
    $0
    Hours/week
    1
  • Stuart Fleischmann

    Director

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202403199349318865

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