Egyptian Board of Realtors Inc
Nonprofit profile at a glance
- EIN
- 371035921
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Marion, IL, USA
- Phone
- 6183640046
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $403,569
- Expenses
- $396,665
- Assets
- $387,151
- Liabilities
- $5,208
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- Ayn Bartok (President)
- Mark Terry (President Elect)
- SUZANNE WOOD (President)
Highest reported compensation
- Charay Palmer (Executive Dir.): $71,474 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To gather information relating to licensing practices, review current legislation, and organize seminars relating to real estate. Compile information for use of members. Furnish information to persons interested in obtaining a real estate license and inform the general public of times and places of courses and exams. Hold continuing education classes for membership. Hold Business meetings.
What it reported doing in 2024
Gathering information relating to licensing practices, reviewing current legislation & organizing seminars relating to real estate. Compiling information for use of members. Furnishing information to persons interested in obtaining a real estate license and inform the general public of times and places of courses and exams. Holding continuing education classes for membership. Holding regular business meeting.
Operating model
- Revenue model
- Earned-program. 69% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 52
- Transparency & Controls: 90
- Accountability: 95
- Sustainability: 40
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.9%; rating input score 70
- Program expense ratio: 38.9%; rating input score 39
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.7%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 0.98; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 18%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: -1.7% per year; rating input score 0; 24th percentile among comparable filings
- Revenue growth: 1.3% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: -5.4% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 69.9% of revenue deployed · 38.9% of spending went to programs
- Governance: 11 of 11 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $198K in reported program spending
- Leadership: top reported pay $71K · 17 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Program expense ratio scored 39/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 43/100.
- Review — Accountability: Governance controls: Document-retention policy not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- High — Sustainability: Officer compensation ratio scored 21/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.