Institute Of Internal Auditors
- Assets
- $87.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 01/1992
- Data as of
- 05/2024
- EIN
- 56-1136437
Organization Overview
Institute Of Internal Auditors is located in Raleigh, NC. The organization was established in 1992. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Institute Of Internal Auditors is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 05/2024, Institute Of Internal Auditors generated $20.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $18.7k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
CHAPTER PROGRAMS SERVICE ACCOMPLISHMENTS INCLUDE CONTINUING EDUCATION AS AN OPTION TO ALL ITS MEMBERS IN THE FORM OF MONTHLY MEMBERSHIP MEETINGS, SEMINARS, AND NETWORKING ACTIVITIES. CONTINUING EDUCATION IS IN THE FORM OF ONE-HOUR LUNCH MEETINGS OR FULL-DAY SEMINARS. GRANTS AND SCHOLARSHIPS ARE MADE TO PROMOTE THE INTERNAL AUDITING PROFESSION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lamar Norwood President | 2 | $0 | |
Shirley Mcfadden First Vice President | 2 | $0 | |
Jill Adams Secretary | 1 | $0 | |
Christine Norwood Treasurer | 2 | $0 | |
Peggy Davis Past President | 0.5 | $0 | |
Lynne Sanders Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $13,591 |
| Membership dues | $6,236 |
| Investment income | $294 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,121 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $394 |
| Other expenses | $15,985 |
| Total expenses | $18,716 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,912 |
| Other assets | $0 |
| Total assets | $87,912 |
| Total liabilities | $0 |
| Net assets or fund balances | $87,912 |