Institute Of Internal Auditors
- Assets
- $73.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mountain Lakes, NJ
- Founding
- 01/1992
- Data as of
- 05/2024
- EIN
- 62-0976513
Organization Overview
Institute Of Internal Auditors is located in Mountain Lakes, NJ. 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 $58.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $82.6k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Fornelius President | 3 | $0 | |
Martin West Vice President And Secretary | 2 | $0 | |
Jacqueline Breslauer Vice President | 1 | $0 | |
Jim Christy Treasurer | 3 | $0 | |
Barbara Piernot Membership Officer Chair | 1 | $0 | |
Janelle Callaway Certification Officer Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,416 |
| Total Program Service Revenue | $51,716 |
| Membership dues | $0 |
| Investment income | $28 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,160 |
| 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 | $30,949 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $51,661 |
| Total expenses | $82,610 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,434 |
| Other assets | $0 |
| Total assets | $73,434 |
| Total liabilities | $0 |
| Net assets or fund balances | $73,434 |