Institute Of Internal Auditors
- Assets
- $58.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 01/1992
- Data as of
- 05/2024
- EIN
- 63-0815853
Organization Overview
Institute Of Internal Auditors is located in Birmingham, AL. 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 $54.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $51.4k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 6 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
ACHIEVEMENTS INCLUDE HOSTING BOTH MONTHLY MEETINGS AND CONFERENCES TO FURTHER ENHANCE OUR PURPOSE IN CENTRAL ALABAMA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Madison Brown President | 0 | $0 | |
Sara Van Hauen Vice President | 0 | $0 | |
Zachary Smith Vice President | 0 | $0 | |
Nicole Chappell Vice President | 0 | $0 | |
Daniel Saunders Treasurer | 0 | $0 | |
Lauren Walton Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $50,432 |
| Membership dues | $3,662 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,094 |
| 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 | $0 |
| Other expenses | $46,637 |
| Total expenses | $51,387 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,539 |
| Other assets | $0 |
| Total assets | $58,539 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,539 |