Institute of Real Estate Management Arkansas Chapter 64 Inc
Nonprofit profile at a glance
- EIN
- 363144366
- IRS 990-EZ coverage
- 2017–2022
- Forms available
- Form 990-EZ 2022
- Location
- North Little Rock, AR, USA
- Phone
- 5015511345
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Real Estate Associations
Reported finances
- Revenue
- $17,370
- Expenses
- $14,131
- Assets
- $8,917
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- DENNA GIRFFIS (PRESIDENT)
- CASSIE KERSEY (VICE PRESIDENT)
People named in this filing
- DENNA GIRFFIS (PRESIDENT)
- CASSIE KERSEY (VICE PRESIDENT)
- STEPHANIE APPLEGARTH (SECRETARY/TREASURER)
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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Educates property managers in the real estate industry.
What it reported doing in 2022
A real estate continuing education class was conducted.
Operating model
- Revenue model
- Membership-supported. 93% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 100% 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
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 29
- Transparency & Controls: 82
- Sustainability: 52
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 27%; rating input score 27
- Program expense ratio: 33.2%; rating input score 33
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 18.6%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 0.63; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 35.4%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -21.4% per year; rating input score 0; 15th percentile among comparable filings
- Asset growth: -16.4% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 27% of revenue deployed · 33.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 5 filing years from 2017 to 2022
- 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.
- High — Financial Efficiency: Mission deployment rate scored 27/100.
- Moderate — Financial Efficiency: Program expense ratio scored 33/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- High — Sustainability: Officer compensation ratio scored 5/100.