IEEE FOUNDATION INC (EIN 237310664) - 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

1973

Legal Domicile

Phone

7329810060

Tax Period

2023-01-01 to 2023-12-31

IEEE FOUNDATION INC, founded in 1973, is a mid-sized nonprofit in the Education sector that reported $10.0M in total revenue in fiscal year 2023. The organization ran a surplus of $3.1M, a strong 31% operating margin.

Mission

THE IEEE FOUNDATION ENABLES IEEE PROGRAMS THAT TRANSFORM LIVES VIA TECHNOLOGY AND EDUCATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $8,016,043

Program Service Revenue $0

Investment Income $2,012,062

Other Revenue $0

TOTAL REVENUE $10,028,105

Expense Breakdown

Grants Paid $4,938,682

Salaries & Benefits $0

Fundraising Expenses $227,154

Program Expenses $5,548,547

Other Expenses $1,935,703

TOTAL EXPENSES $6,886,885

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,028,105	$9,548,823	+0.1%
Expenses	$6,886,885	$5,689,175	+0.2%
Net Income	$3,141,220	$3,859,648	-0.2%

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

N/A

Volunteers

1250

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

$1,245,084

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TREASURER	4.0	Officer Director	$0	$0	$0
N/A	SECRETARY	4.0	Officer Director	$0	$0	$0
N/A	VP PROGRAMS	4.0	Officer Director	$0	$0	$0
N/A	PRESIDENT	4.0	Officer Director	$0	$0	$0
N/A	VICE PRESIDENT, DEVELOPMENT	4.0	Officer Director	$0	$0	$0
N/A	DIRECTOR-AT-LARGE	2.0	Director	$0	$0	$0
N/A	DIRECTOR-AT-LARGE	2.0	Director	$0	$0	$0
N/A	DIRECTOR-AT-LARGE	2.0	Director	$0	$0	$0
N/A	DIRECTOR-AT-LARGE	2.0	Director	$0	$0	$0
N/A	DIRECTOR-AT-LARGE	2.0	Director	$0	$0	$0
N/A	DIRECTOR-AT-LARGE	2.0	Director	$0	$0	$0
N/A	DIRECTOR-AT-LARGE	2.0	Director	$0	$0	$0
N/A	DIRECTOR-AT-LARGE	2.0	Director	$0	$0	$0
N/A	DIRECTOR-AT-LARGE	2.0	Director	$0	$0	$0
N/A	ASSISTANT TREASURER	2.0	Officer	$0	$58,429	$322,742
N/A	ASST SECRETARY & EXECUTIVE DIRECTOR	40.0	Officer	$0	$50,106	$299,529
N/A	ASSISTANT TREASURER	1.0	Officer	$0	$55,191	$622,813
N/A	FORMER ASST SECRETARY	0.0		$0	$43,500	$807,463

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	$10,028,105	$6,886,885	$76,534,979	$3,141,220
2022	$9,548,823	$5,689,175	$68,593,185	$3,859,648
2021	$9,050,639	$4,066,376	$72,402,966	$4,984,263
2021	$9,050,639	$4,066,376	$72,402,966	$4,984,263
2020	$6,413,380	$4,408,522	$61,895,233	$2,004,858
2019	$7,612,014	$5,711,704	$56,278,496	$1,900,310
2018	$7,081,491	$6,882,086	$49,549,756	$199,405

IEEE FOUNDATION INC