International Association of Currency Affairs
Nonprofit profile at a glance
- EIN
- 421631612
- IRS 990 coverage
- 2025–2025
- Forms available
- Form 990 2025, Form 990-EZ 2024
- Location
- Dallas, TX, USA
- Phone
- 8177235420
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $220,047
- Expenses
- $187,937
- Assets
- $253,482
- Liabilities
- $102,857
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
19 people listed
Highest reported compensation
- MARCI CHAVEZ (EXECUTIVE DI): $62,400 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Corporation is organized to provide a forum for consultation and collaboration on matters of interest to stakeholders in the cash payments cycle. The corporation shall serve as a forum for parties such as central banks, issuing authorities, high security printers, currency industry suppliers, and financial institutions to monitor and analyze developments in domestic and cross-border cash and other payment systems.
What it reported doing in 2025
In 2025, iaca hosted a series of webinars, virtual round table discussions, and member dicussion meetings in conjunction with 2 major international conferences on our focus topics: future of the key cash stakeholders looking at the risks and challenges they face in supporting the cash cycle as we also explore the future business model of cash. Iaca has also hosted the currency hall of fame induction ceremony-inducting 2 individuals and held the 2025 excellence in currency awards adknowledging our finalist and winners in the awards ceremony.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program 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 - The filed numbers largely add up and most voting board members are independent. 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: 13
- Transparency & Controls: 90
- Accountability: 69
- Sustainability: 47
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 13.9%; rating input score 14
- Program expense ratio: 16.3%; rating input score 16
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 14.6%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 1.35; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0.41; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 33.2%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2.7% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: 4.8% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 13.9% of revenue deployed · 16.3% of spending went to programs
- Governance: 17 of 17 board members independent · 2 of 8 filing controls reported
- Programs: 2 filed program accomplishments
- Leadership: top reported pay $62K · 19 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 1 filed schedules
- Contacts: How to reach this organization
- Money network: 3 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 14/100.
- High — Financial Efficiency: Program expense ratio scored 16/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Officer compensation ratio scored 9/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.