Information Systems Audit and Control Association Inc Group

Nonprofit profile at a glance

EIN
942919522
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Schaumburg, IL, USA
Phone
8472531545
Rating confidence
Limited

Official website

Reported finances

Revenue
$3,911,654
Expenses
$4,070,337
Assets
$6,556,594
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

338 people listed

Executive titles in this filing

  • Aksan Goktug (President)
  • Alex Islamov (Vice President)
  • Allyson Zoller (President)
  • Amgad Fahmy (Vice President)
  • Ana Antoski (President)
  • Andy Jackson (President)

People named in this filing

  • Aksan Goktug (President)
  • Alan Sheppard (2nd VP)
  • Alex Islamov (Vice President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Isaca chapters' mission is to help individuals and enterprises achieve the positive potential of technology by being a local provider of isaca's body of knowledge, certification exam review, community, advocacy, and education on subjects such as information systems assurance and security, governance of enterprise of information technology (it), and it-related risk and compliance. Educational events are the primary benefit provided by isaca's chapters. Isaca's chapters offer members in their local area the opportunity to attend local meetings and roundtable discussions, educational sessions, and networking opportunities. The purpose of these events is to provide information about developments in the industries of it assurance, security, risk and governance, as well as interact with their professional peers.

What it reported doing in 2024

Information technology is a rapidly changing industry, and it demands a commitment on the part of its practitioners to learn continuously and master new skills. Isaca chapters' primary purpose is to serve their local members by offering benefits in the following categories: education/professional development, networking and relations, and advocacy. Educational events for professional development include opportunities such as training sessions, seminars, conferences and certification exam review courses. The chapters also facilitate local networking by offering opportunities to build relationships with other professionals and organizations with related interests through chapter and committee meetings, networking events, and educational events. A sense of community is also promoted through the chapter website providing a connection to the global constituency.

Operating model

Revenue model
Other-operating. 98% of the money available for current operations came from other operating 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: 82
  • Accountability: 82
  • Sustainability: 48
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 85.7%; rating input score 86; 1st percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 74%; rating input score 74; 20th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -4.1%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 1.61; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -2.1% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: 3.9% per year; rating input score 100; 29th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 338 of 338 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 338 people listed
  • Consistency: 9 of 10 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes grants
  • Filing history: 5 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 6 filed related-organization links
  • 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.

  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 22/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.