Institute of Industrial and Systems Engineers Inc
Nonprofit profile at a glance
- EIN
- 131926850
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024, Form 990-T 2024, Form 990-N 2021
- Location
- Norcross, GA, USA
- Phone
- 7704490461
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $5,137,343
- Expenses
- $4,987,675
- Assets
- $5,532,293
- Liabilities
- $4,649,035
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Eileen Van Aken (Immediate Past President)
- Victoria Jordan (President)
- Sunderesh Heragu (President-Elect)
- Don Greene (Chief Executive Officer)
Highest reported compensation
- Don Greene (Chief Executive Officer): $369,770 total reported compensation
- Donna Calvert (Chief Operating Officer): $226,755 total reported compensation
- Douglas Long (Manager): $184,987 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
This Corporation is organized and shall be operated exclusively for scientific, educational and charitable purposes. In the furtherance of such purposes, it shall be authorized: (A) To advance the general welfare of mankind through the resources and creative abilities of the industrial and systems engineering profession; (B) To advance the art and science of industrial and systems engineering for the general welfare of mankind; (C) To encourage and assist education and research in the art and science of industrial and systems engineering; (D) To promote the unrestricted dissemination of knowledge and information by means of meetings and publications relating to the art and science of industrial and systems engineering; (E) To assist colleges and universities in the development of educational programs in the art and science of industrial and systems engineering.
What it reported doing in 2024
Member Services - Assist all members (20,996) in the dissemination of educational information such as periodicals, books, conferences, seminars and technical referrals so as to advance the professional needs of the industrial and systems engineering community. As part of member services, the Organization also issued the following publications promoting industrial and systems engineering: ISE Magazine (monthly, circulation 20,996), Industrial Management (6/year, circulation 445), Engineering Economist (quarterly, circulation 57), Transactions (monthly, circulation 40), Transactions on Healthcare Systems Engineering (quarterly, circulation 32), Transactions on Occupational Ergonomics (quarterly, circulation 28).
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 98% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 81
- Accountability: 95
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.6%; rating input score 73
- Program expense ratio: 75.3%; rating input score 75
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 85.7%; rating input score 86; 1st percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.9%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 1.11; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0.84; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 22.5%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: 1.6% per year; rating input score 100; 20th percentile among comparable filings
- Revenue growth: 5.7% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: 0.9% per year; rating input score 100; 15th percentile among comparable filings
Details
- Where the money goes: 72.6% of revenue deployed · 75.3% of spending went to programs
- Governance: 10 of 10 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $3.8M in reported program spending
- Leadership: top reported pay $370K · 15 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $131K reported
- Consistency: 31 of 33 current checks pass · 2 findings to review
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 44/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.
- High — Sustainability: Officer compensation ratio scored 10/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.