Industry Council for Tangible Assets

Nonprofit profile at a glance

EIN
521301900
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Dacula, GA, USA
Phone
6784303252
Rating confidence
Limited

Official website

Reported finances

Revenue
$445,638
Expenses
$427,767
Assets
$1,048,850
Liabilities
$206,867

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • DAVID CRENSHAW (EXECUTIVE DIRECTOR)

Highest reported compensation

  • DAVID CRENSHAW (EXECUTIVE DIRECTOR): $145,678 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Icta exists to promote and safeguard the interests of its members, serving as the industry watchdog to maintain an appropriate and favorable legislative and regulatory climate in the U.S.a. And all 50 states. The association provides a medium through which its members may confer, consult, and cooperate with and educate governmental and other agencies to achieve solutions to problems affecting their businesses. Icta also offers its members assistance and information on new and existing laws and regulations, and promotes harmony and cooperation among its members to advance the welfare of the industry.

What it reported doing in 2025

Icta is the national trade association for all who have an interest in precious metals, rare coins, us and foreign currency, and other numismatic and tangible assets. Incorporated in july 1983, icta educates dealers on compliance with certain laws and regulations generally having to do with taxation at the federal and state level. Icta is often contacted by governmental agencies and state legislatures for input from the rare coin/ precious metals industry on laws and regulations before they are finalized. Icta provides information for its dealer members and acts as a clearinghouse to alert members to any new procedures or reporting requirements. The organization serves as a line of communication between the rare coin/precious metals community and government to ensure that 1) laws and regulations are written and enacted fairly and 2) that icta's dealer members are in full compliance with federal and state reporting requirements.

Operating model

Revenue model
Earned-program. 64% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 43
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • 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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th 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: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 4%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 2.45; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0.2; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 34.1%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 1.5% per year; rating input score 100; 27th percentile among comparable filings
  • Asset growth: 8.4% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 14 of 14 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $146K · 18 people listed
  • Highest-paid contractors: 1 contractor listed · $144K reported
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Operating margin scored 45/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.