Institue Of Internal Auditors is located in Charlotte, 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. Institue 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, Institue Of Internal Auditors generated $89.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $120.5k during the year ending 05/2024. 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
0
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jazman Jones President | 8 | $0 | |
Garrett Moyer Secretary | 8 | $0 | |
Lucie Gove Treasurer | 8 | $0 | |
Alexia Scott Assistant Treasurer | 2 | $0 | |
Caitlyn Bunzey First Vice President | 8 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,258 |
| Total Program Service Revenue | $75,946 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,214 |
| 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 | $5,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $115,460 |
| Total expenses | $120,460 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $118,244 |
| Other assets | $0 |
| Total assets | $121,424 |
| Total liabilities | $11,519 |
| Net assets or fund balances | $109,905 |