Institute of Electrical and Electronics Engineers Inc (EIN 131656633) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1896

Legal Domicile

Phone

7329810060

Tax Period

2024-01-01 to 2024-12-31

Institute of Electrical and Electronics Engineers Inc, founded in 1896, is a major nonprofit in the Education sector that reported $714.1M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $113.9M, a strong 16% operating margin.

Mission

Advancing Technology for Humanity. IEEE and its members inspire a global community through professional and educational activities, technical publications, conferences, and technology standards. IEEE is focused on engaging, inspiring, and leading global communities to address critical challenges through technology. From conferences, publications, technical societies, and standards development to continuing education, our platforms bring together the people and ideas that fuel discovery, support professional growth and drive innovation.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,727,997

Program Service Revenue $629,466,450

Investment Income $73,246,443

Other Revenue $7,624,039

TOTAL REVENUE $714,064,929

Expense Breakdown

Grants Paid $7,398,726

Salaries & Benefits $222,207,183

Fundraising Expenses $2,583,019

Program Expenses $579,972,410

Other Expenses $370,501,521

TOTAL EXPENSES $600,137,430

Year-over-Year Comparison

	2024	2023	Change
Revenue	$714,064,929	$650,214,983	+0.1%
Expenses	$600,137,430	$534,932,193	+0.1%
Net Income	$113,927,499	$115,282,790	0.0%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

1272

Volunteers

100000

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,795,214

Total Directors

Key Employees

$3,389,338

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Deepak Mathur	Director & Vice President, Member & Geographic Activities	10.0	Officer Director	$0	$0	$0
Forrest D Wright	Director & Secretary	10.0	Officer Director	$0	$0	$0
Gerardo Barbosa	Director & Treasurer	10.0	Officer Director	$0	$0	$0
Kathleen A Kramer	IEEE President-Elect	10.0	Officer Director	$0	$0	$0
Keith A Moore	Director & President IEEE-USA	10.0	Officer Director	$0	$0	$0
Manfred J Schindler	Director & Vice President, Technical Activities	10.0	Officer Director	$0	$0	$0
Rabab Kreidieh Ward	Director & Vice President, Educational Activities	10.0	Officer Director	$0	$0	$0
Sergio Benedetto	Director & Vice President, Publication Services and Products	10.0	Officer Director	$0	$0	$0
Thomas M Coughlin	IEEE President and CEO	10.0	Officer Director	$0	$0	$0
Alistair P Duffy	Director & Delegate, Division IV	5.0	Director	$0	$0	$0
Andrew D Lowery	Director & Delegate, Region 2	5.0	Director	$0	$0	$0
Anthony Matthew Francis	Director & Delegate, Region 5	5.0	Director	$0	$0	$0
Aylin Yener	Director & Delegate, Division IX	5.0	Director	$0	$0	$0
Bala S Prasanna	Director & Delegate, Region 1	5.0	Director	$0	$0	$0
Christina M Schober	Director & Delegate, Division V	5.0	Director	$0	$0	$0
Christopher E Root	Director & Delegate, Division VII	5.0	Director	$0	$0	$0
ChunChe Lance Fung	Director & Delegate, Region 10	5.0	Director	$0	$0	$0
Eric Grigorian	Director & Delegate, Region 3	5.0	Director	$0	$0	$0
James E Matthews III	Director & President, Standards Association	10.0	Director	$0	$0	$0
Jenifer P Castillo Rodriguez	Director & Delegate, Region 9	5.0	Director	$0	$0	$0
Kamal Al-Haddad	Director & Delegate, Division VI	5.0	Director	$0	$0	$0
Kathy Herring Hayashi	Director & Delegate, Region 6	5.0	Director	$0	$0	$0
Kevin L Peterson	Director & Delegate, Division II	5.0	Director	$0	$0	$0
Leila De Floriani	Director & Delegate, Division VIII	5.0	Director	$0	$0	$0
Saifur Rahman	IEEE Past President	10.0	Director	$0	$0	$0
Stefano Bregni	Director & Delegate, Division III	5.0	Director	$0	$0	$0
Stephanie M White	Director & Delegate, Division X	5.0	Director	$0	$0	$0
Thamir Tom F Murad	Director & Delegate, Region 7	5.0	Director	$0	$0	$0
Vickie A Ozburn	Director & Delegate, Region 4	5.0	Director	$0	$0	$0
Vincenzo Piuri	Director & Delegate, Region 8	5.0	Director	$0	$0	$0
Yong Lian	Director & Delegate, Division I	5.0	Director	$0	$0	$0
SOPHIA A MUIRHEAD	Executive Director & Chief Operating Officer	40.0	Officer	$905,684	$243,820	$1,149,504
THOMAS R SIEGERT	ASSISTANT TREASURER & CFO	40.0	Officer	$587,124	$58,586	$645,710
ALPESH SHAH	MANAGING DIRECTOR IEEE STANDARDS	40.0	Key Emp	$458,646	$44,818	$503,464
CECELIA JANKOWSKI	MANAGING DIRECTOR MEMBER & GEOUNIT ACTIVITIES	40.0	Key Emp	$463,580	$51,085	$514,665
JEFFREY STROHSCHEIN	CHIEF INFORMATION DIGITAL OFFICER	40.0	Key Emp	$454,381	$54,160	$508,541
KAREN L HAWKINS	CHIEF MARKETING OFFICER	40.0	Key Emp	$480,209	$64,628	$544,837
KENNETH R GILBERT	IMTERIM MANAGING DIRECTOR TECH ACTIVITIES	40.0	Key Emp	$355,512	$62,226	$417,738
MARY CECILIA WARD-CALLAN	MANAGING DIRECTOR TECH ACTIVITIES	40.0	Key Emp	$359,852	$26,897	$386,749
STEVEN HEFFNER	MANAGING DIRECTOR PUBLICATIONS	40.0	Key Emp	$464,765	$48,579	$513,344
ANTA CISSE-GREEN	GENERAL COUNSEL AND CHIEF COMPLIANCE	40.0	Highest	$509,004	$58,783	$567,787
DONNA HOURICAN	STAFF EXECUTIVE, CORPORATE ACTIVITIES	40.0	Highest	$487,229	$53,500	$540,729
FRANCIS STAPLES	SR DIRECTOR GLOBAL SALES & CUSTOMER OPERATIONS	40.0	Highest	$530,356	$66,354	$596,710
JUDY BRADY	REGIONAL SALES MANAGER EMEA	40.0	Highest	$488,132	$56,475	$544,607
PAUL CANNING	DIRECTOR INTERNATIONAL SALES	40.0	Highest	$539,383	$58,125	$597,508

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$714,064,929	$600,137,430	$1,493,325,312	$113,927,499
2023	$650,214,983	$534,932,193	$1,331,862,893	$115,282,790
2022	$566,430,458	$472,245,506	$1,142,179,318	$94,184,952
2021	$524,795,853	$382,241,723	$1,163,553,159	$142,554,130
2020	$478,339,401	$377,625,369	$961,106,109	$100,714,032
2019	$563,250,052	$482,978,488	$819,633,360	$80,271,564
2018	$547,022,569	$470,685,242	$683,244,978	$76,337,327

Institute of Electrical and Electronics Engineers Inc