USA Branch International Fiscal Association Inc

Nonprofit profile at a glance

EIN
237068849
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Rochester, NY, USA
Phone
8662989464
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Professional Societies, Associations

Official website

Reported finances

Revenue
$657,261
Expenses
$540,774
Assets
$3,521,197
Liabilities
$79,037

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

Leadership & pay

25 people listed

Executive titles in this filing

  • PETER J CONNORS (PRESIDENT)
  • PETER A GLICKLICH (EXECUTIVE VICE PRESIDENT)
  • DIRK JJ SURINGA (VICE PRESIDENT, FINANCE)
  • JOHN BATES (VICE PRESIDENT, SECRETARY)
  • TRACY ANNE KAYE (VICE PRESIDENT, ACADEMIA)
  • JOHN K DESHONG (VICE-PRESIDENT, REGIONS)

People named in this filing

  • PETER J CONNORS (PRESIDENT)
  • PETER A GLICKLICH (EXECUTIVE VICE PRESIDENT)
  • DIRK JJ SURINGA (VICE PRESIDENT, FINANCE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The USA branch international fiscal association (ifa) is an organization whose mission is the study and advancement of international and comparative tax law and the financial and economic aspects of taxation. USA branch ifa holds annual conferences and seminars which provide forums for experts to exchange opinions on topics of international taxation, such as current fiscal developments, changes in legislation and solutions to problems arising in the practical implementaion of tax law.

What it reported doing in 2024

The 2024 annual conference of the international fiscal association-USA was held from march 21 to 22 in New York, ny. The conference provided high level education on international taxation topics for over 200 senior international tax attorneys and accountants. The presentations given by speakers from industry, government, academia, law and professional practice firms provided attendees the opportunity to obtain cle and cpe credits.

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 83% 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 most voting board members are independent. A relatively small share of available resources goes toward mission work and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 51
  • Transparency & Controls: 72
  • Accountability: 82
  • Sustainability: 77
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.4%; rating input score 53
  • Program expense ratio: 65.1%; rating input score 65
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 0 of 8 controls in place; rating input score 0
    • Claims monitoring procedures: Limited
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Limited
    • Conducts site visits: Limited
    • Requires grant agreements: Limited
    • May require repayment: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 17.7%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 6.51; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 61; 61st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: -0.9% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: -6.8% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: 3.4% per year; rating input score 100; 31st percentile among comparable filings

Details

  • Where the money goes: 53.4% of revenue deployed · 65.1% of spending went to programs
  • Governance: 25 of 25 board members independent · 4 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $352K in reported program spending
  • Leadership: top reported pay $0 · 25 people listed
  • Highest-paid contractors: 1 contractor listed · $131K reported
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules · includes foreign activity
  • Filing history: 11 filing years from 2012 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: Mission deployment rate scored 53/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.