International Accreditation Council for Business Education
Nonprofit profile at a glance
- EIN
- 742852195
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Overland Park, KS, USA
- Phone
- 9136313009
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Higher Education Institutions
Reported finances
- Revenue
- $1,221,686
- Expenses
- $1,066,153
- Assets
- $1,636,616
- Liabilities
- $30,187
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- DR EMMETT TRACY (PRESIDENT)
Highest reported compensation
- DR EMMETT TRACY (PRESIDENT): $98,305 total reported compensation
- DR ARCHISH MAHARAJA (CHAIR): $25,333 total reported compensation
- DR CHARLES MINNICK (DIRECTOR (RE): $2,800 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide a forum to discuss education in colleges and universities; assist in the improvement of business schools and related programs activities; and foster innovation and creativity in business education.
What it reported doing in 2025
Voluntary membership of collegiate prof schools or programs-advance excellence in teaching students & preparing them for business careers-offered through evaluation, accreditation, innovation, etc.
Operating model
- Revenue model
- Other-operating. 94% of the money available for current operations came from other operating revenue.
- 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 - Most voting board members are independent and revenue has grown recently. 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: 37
- Transparency & Controls: 50
- Accountability: 79
- Sustainability: 55
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 39.7%; rating input score 40
- Program expense ratio: 44.6%; rating input score 45
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 95.8%; rating input score 96; 28th percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 12.7%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 1.54; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 12.6%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: -2.6% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: 1.7% per year; rating input score 100; 18th percentile among comparable filings
- Asset growth: 14% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 39.7% of revenue deployed · 44.6% of spending went to programs
- Governance: 23 of 24 board members independent · 5 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $475K in reported program spending
- Leadership: top reported pay $98K · 24 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 4 filed schedules · includes foreign activity
- Filing history: 14 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 40/100.
- Moderate — Financial Efficiency: Program expense ratio scored 45/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Review — Accountability: Governance controls: 4 of 9 not reported.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.