Institute of Internal Auditors
Nonprofit profile at a glance
- EIN
- 742187647
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Denver, CO, USA
- Phone
- 7202129621
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $47,258
- Expenses
- $66,996
- Assets
- $132,327
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Karissa Childs (President)
People named in this filing
- Sonya LaVeau (Board of Governors)
- Jennifer Presnall (Board of Governors)
- Paul Elggren (Secretary)
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 provide members of the Denver Chapter Institute of Internal Auditors a means for continuing education and networking with peers through educational and social events held each year. Also, support the National Institute of Internal Auditors through membership dues and donations to foundations.
What it reported doing in 2024
The chapter provided its approximately 1000 members both on-line events and in-person events. Our members attended various events through-out the year. We are required by our parent organization theIIA.org to accomplish certain goals related to meeting member needs and we met all the requirements set forth by the National IIA.
Operating model
- Revenue model
- Earned-program. 83% 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. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 82
- Sustainability: 41
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.3%; rating input score 72
- Program expense ratio: 55.1%; rating input score 55
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -41.8%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 1.98; rating input score 65; 65th 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: 16.8% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 11.4% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: -5.1% per year; rating input score 0; 24th percentile among comparable filings
Details
- Where the money goes: 72.3% of revenue deployed · 55.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $37K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 5 filing years from 2020 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.
- Review — Financial Efficiency: Program expense ratio scored 55/100.
- High — Sustainability: Operating margin scored 15/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.