Northeast Iaati Inc

Nonprofit profile at a glance

EIN
843895305
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Mansfield, MA, USA
Phone
8572641916
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Professional Societies, Associations

Official website

Reported finances

Revenue
$91,178
Expenses
$41,287
Assets
$94,670
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • KIM M HORMANN (PRESIDENT)
  • MICHAEL LEDOUX (1ST VICE PRESIDENT)
  • DOUG KILLIAN (2ND VICE PRESIDENT)
  • GEORGE RIPLEY (3RD VICE PRESIDENT)
  • DENNIS GOODHART (CLERK, EXECUTIVE DIRECTOR)
  • GREG O'CONNOR (4TH VICE PRESIDENT)

People named in this filing

  • KIM M HORMANN (PRESIDENT)
  • MICHAEL LEDOUX (1ST VICE PRESIDENT)
  • DOUG KILLIAN (2ND VICE PRESIDENT)

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

Established to unite for mutual benefit, law enforcement members and similar industry professionals, in order to provide for exchange of technical information and developments with regard to vehicle crimes, via educational meetings and seminars. To encourage high professional standards of conduct among auto theft investigators and to continually strive to eliminate all factors which interfere with administration of crime suppression.

What it reported doing in 2024

Annual seminar intended to provide extensive training to law enforcement and anti-fraud professionals.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 99% 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 - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 50
  • Transparency & Controls: 82
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 34.6%; rating input score 35
  • Program expense ratio: 76.4%; rating input score 76

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 54.7%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 2.29; rating input score 68; 68th 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: -49.3% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: 17.8% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 71.6% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 34.6% of revenue deployed · 76.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $32K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.