ILLUMINATING ENGINEERING SOCIETY (EIN 131767038) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1906

Legal Domicile

Principal Officer

IRA ROTHMAN

Phone

2122485000

Tax Period

2022-07-01 to 2023-06-30

ILLUMINATING ENGINEERING SOCIETY, founded in 1906, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2022. Revenue decreased 11% compared to the prior year. Expenses of $7.1M exceeded revenue, resulting in a 52% operating deficit.

Mission

THE IES SEEKS TO IMPROVE THE LIGHTING ENVIRONMENT BY BRINGING TOGETHER THOSE WITH LIGHTING KNOWLEDGE AND BY THE TRANSLATING THAT KNOWLEDGE INTO ACTIONS THAT BENEFIT THE PUBLIC.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,383,147

Program Service Revenue $2,939,349

Investment Income $109,070

Other Revenue $244,581

TOTAL REVENUE $4,676,147

Expense Breakdown

Grants Paid $157,638

Salaries & Benefits $2,886,667

Fundraising Expenses $0

Program Expenses $5,391,644

Other Expenses $4,061,882

TOTAL EXPENSES $7,106,187

Year-over-Year Comparison

	2022	2021	Change
Revenue	$4,676,147	$5,226,377	-0.1%
Expenses	$7,106,187	$8,408,326	-0.2%
Net Income	$-2,430,040	$-3,181,949	-0.2%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

500

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

Total Directors

Key Employees

$679,226

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK AGRAZ LC MIES	PRESIDENT	3.00	Officer Director	$0	$0	$0
SUSANNE SEITINGER PHD	PAST PRESIDENT	3.00	Officer Director	$0	$0	$0
BILLY TUBB	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
IRA ROTHMAN	TREASURER	3.00	Officer Director	$0	$0	$0
AMARDEEP DUGAR IALD FISLE FSLL	DIRECTOR	3.00	Director	$0	$0	$0
KELLY SEEGER MSC LC IES LEED AP	DIRECTOR	3.00	Director	$0	$0	$0
MICHAEL MYER	DIRECTOR	3.00	Director	$0	$0	$0
JEREMY MAXIE IAEI BICSI	DIRECTOR	3.00	Director	$0	$0	$0
CARL BLOOMFIELD	DIRECTOR	3.00	Director	$0	$0	$0
REBECCA BECKY STUART CONNER	DIRECTOR	3.00	Director	$0	$0	$0
KELLY OCONNOR	DIRECTOR	3.00	Director	$0	$0	$0
LILIANA GONZALEZ	DIRECTOR	3.00	Director	$0	$0	$0
TANYA HERNANDEZ	DIRECTOR	3.00	Director	$0	$0	$0
JARED SMITH	DIRECTOR	3.00	Director	$0	$0	$0
PAUL P TARRICONE	EDITOR AND PUBLISHER	35.00	Key Emp	$195,983	$35,247	$231,230
OLGA LOUKINA	CHIEF FINANCIAL OFFICER	35.00	Key Emp	$193,799	$50,725	$244,524
COLLEEN HARPER	EXECUTIVE DIRECTOR	35.00	Key Emp	$201,923	$1,549	$203,472
PATRICIA MCGILLICUDDY	SENIOR MANAGER OF TECHNICAL CONTENT	35.00	Highest	$132,601	$22,217	$154,818
KLYSHA ROSS	DIRECTOR OF OPERATIONS	35.00	Highest	$119,220	$9,782	$129,002
BRIENNE MUSSELMAN	DIRECTOR OF EDUCATION & STANDARDS	35.00	Highest	$145,592	$9,726	$155,318

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	No data	No data	No data	No data
2023	$4,676,147	$7,106,187	$12,927,718	$-2,430,040
2023	$3,821,163	$4,376,298	$7,306,323	$-555,135
2022	$5,226,377	$8,408,326	$12,308,112	$-3,181,949
2021	$4,316,223	$6,441,858	$17,570,953	$-2,125,635
2020	$5,095,869	$8,661,589	$18,835,076	$-3,565,720

ILLUMINATING ENGINEERING SOCIETY