Washington Dc Metro Chapter of the Appraisal Institute

Nonprofit profile at a glance

EIN
521714551
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Chicago, IL, USA
Rating confidence
Limited

Official website

Reported finances

Revenue
$61,630
Expenses
$69,090
Assets
$81,976
Liabilities
$14,738

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

Leadership & pay

10 people listed

Executive titles in this filing

  • Greggie Pascual MAI SRA AI-GRS (President)
  • Michael Haller MAI (Vice President)
  • Matthew Solomond MAI (Past President)

People named in this filing

  • Greggie Pascual MAI SRA AI-GRS (President)
  • Michael Haller MAI (Vice President)
  • Jack Sonceau SRA (SecretaryTreasurer)

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

To empower valuation professionals through community credentialing education body of knowledge and ethical standards.

What it reported doing in 2024

Education - The Appraisal Institute provides a curriculum of courses and seminars for residential and commercial real estate appraisal.

Operating model

Revenue model
Membership-supported. 61% of the money available for current operations came from membership dues.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: -12.1%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 1.19; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 6.2% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: -3.8% per year; rating input score 0; 27th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 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.

  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Operating margin scored 29/100.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.