Institute of Internal Auditors
Nonprofit profile at a glance
- EIN
- 237404515
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Baltimore, MD, USA
- Phone
- 4439600322
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $24,144
- Expenses
- $33,915
- Assets
- $142,414
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Ashley Warlick (President)
People named in this filing
- Ashley Warlick (President)
- Mary Mussari (Treasurer)
- Elizabeth Halligan (Treasurer (Asst))
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To hold seminars of relevant interest for our members that provide CPEs, to socialize among professionals of similar job title/interest (audit), and to distribute scholarships to students interested in the profession of internal auditing
What it reported doing in 2024
We administered seminars with paid speakers to earn CPE for our members. We also held social events and celebrations for related accomplishments in the audit field.
Operating model
- Revenue model
- Earned-program. 79% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 62% for direct work, and 38% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 82
- Sustainability: 45
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.2%; rating input score 99
- Program expense ratio: 70.5%; rating input score 71
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -40.5%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 4.2; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 3.2% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 2.7% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: -1.1% per year; rating input score 0; 34th percentile among comparable filings
Details
- Where the money goes: 99.2% of revenue deployed · 70.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $24K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- 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 — Sustainability: Operating margin scored 15/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.