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ICSB Governance

Financial Disclosures as a 501(c)3

As a 501(c)3 not-for-profit, tax-exempt organization in the United States, the International Council for Small Business (ICSB) is providing the following information for review of its members. Tax-exempt organizations must make annual returns and exemption applications filed with the IRS available for public inspection and copying upon request. In addition, the IRS makes these documents available.

If you have questions, please contact the ICSB Executive Director, Dr. Ayman El Tarabishy (aymanelt@icsb.org. Note that this email address is protected from spambots. As a result, you need JavaScript enabled to view it.) or the Senior Vice-President for Finance & Control, Dr. Geralyn Franklin (geralynf@aol.com).

Main Organizational Documents 

Forms 1023 & 1024 – Application for Recognition of Exemption

Current ICSB Entity Status Letter – State of California Franchise Tax Board

ICSB By-Laws (updated March 2013)

ICSB Articles of Incorporation

*Annual filings (Form 990 & 199) and Board Meeting Minutes provided below.

 

Contact Us for Member Requests

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ICSB Board of Directors - Meeting Minutes

ICSB FY 2016-17 Incoming Officers Meeting

June 18, 2016 in Hoboken, NJ USA

View Minutes (PDF)

ICSB FY 2016-17 Outgoing Officers Meeting

June 14, 2016 in Hoboken, NJ USA

View Minutes (PDF)

ICSB FY 2015-16 Mid-Year Board Meeting

January 8, 2016 in San Diego, CA USA

View Minutes (PDF)

ICSB FY 2015-16 Incoming Officers Meeting

June 9, 2015 in Dubai, UAE

View Minutes (PDF)

ICSB FY 2014-15 Outgoing Officers Meeting

June 5, 2015 in Dubai, UAE

View Minutes (PDF)

ICSB FY 2014-15 Mid Year Board Meeting

January 22, 2015 in Tampa, Florida USA

View Minutes (PDF)

ICSB FY 2014-15 Executive Officers Meeting

September 30, 2014 in Adobe Online Meeting

View Minutes (PDF)

ICSB FY 2014-15 Incoming Officers Meeting

June 14, 2014 in Dublin, Ireland

View Minutes (PDF)

ICSB FY 2013-14 Outgoing Officers Meeting

June 10, 2014 in Dublin, Ireland

View Minutes (PDF)

ICSB Annual Reporting

Financial Year 2015-16  (Apr 1, 2015 to Mar 31, 2016)

For FY 2015-16, the ICSB Board of Directors worked with E. Cohen and Company (https://www.ecohencpas.com/) to perform a full audit. The final audit reports are posted below in PDF form.

Audited Financial Statements - E Cohen and Co

FY Ending MAR-31-2016

View Report (PDF)

Form 990 - 2015-16

FY Ending MAR-31-2016

View Report (PDF)

Financial Year 2014-15  (Apr 2014 to Mar 2015)

For FY 2014-15, the ICSB Board of Directors continued its relationship with Renner & Company CPA (http://www.rennercpa.com/) to perform a full audit.  The final audit reports dated June 4, 2015 are posted below in PDF form.

Audited Financial Statements - Renner and Co CPA

FY Ending MAR-31-2015

View Report (PDF)

Form 990 - 2014-15

FY Ending MAR-31-2015

View Report (PDF)

Internal Control Communication - Renner and Co CPA

FY Ending MAR-31-2015

View Report (PDF)

Governance Communication - Renner and Co CPA

FY Ending MAR-31-2015

View Report (PDF)

Financial Year 2013-14  (Apr 2013 to Mar 2014)

For FY 2013-14, the ICSB Board of Directors hired Renner & Company CPA (http://www.rennercpa.com/) to perform a full audit.  The final audit reports dated June 10, 2014 are posted below in PDF form.

Process: Starting in April 2014, the ICSB contacted several CPA firms in the Washington DC metro area to consider for the audit based on recommendations from Board members to look local (advantages of meeting in person to review records).  Proposals from three firms were received in early May 2014.  The proposals were then sent to the ICSB Executive Committee to review and make a final decision. The International Office (IO) checked references and facilitated conference calls. Each member of the Executive Committee provided an independent ranking, and Renner & Co received unanimous approval.

 

Audited Financial Statements (YE MAR-31-2014)

View PDF Report

Form 990 - 2013-14

FY Ending MAR-31-2014

View Report (PDF)

Audit Advisory Letter - Renner & Co CPA

View PDF Report

Audit Committee Letter - Renner & Co CPA

View PDF Report

Financial Year 2012-13  (Apr 2012 to Mar 2013)

Form 990 (YE Mar-31-2013)

View PDF Report

Form 199 (YE MAR-31-2013)

View PDF Report

Financial Year 2011-12  (Short Year – Jul 2011 to Mar 2012)

For FY 2011-12, the ICSB Board decided to change the annual financial year of the organization from July-June to April-March. The main reason for this change is to allow the Board to review final, completed financials statements from the previous year at the annual World Conference Board meetings in June each year. FY 2011-12, is thus, filed on a short year.

Form 990 (YE Mar-31-2012)

View PDF Report

Form 199 (YE MAR-31-2012)

View PDF Report

Financial Year 2010-11  (Jul 2010 to Jun 2011)

Form 990 (YE JUN-30-2011)

View PDF Report

Form 199 (YE JUN-30-2011)

View PDF Report