INSTITUTE OF INTERNAL AUDITORS

EIN: 237350019

New York City, NY

Total Revenue
$264,039
Total Expenses
$225,603
Total Assets
$740,928
Net Assets
$740,928
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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
1990
Legal Domicile
NY
Principal Officer
Sue Mortenson
Phone
7325435439
Tax Period
2023-06-01 to 2024-05-31

INSTITUTE OF INTERNAL AUDITORS, founded in 1990, is a small nonprofit that reported $264K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $226K left a modest 15% surplus.

Mission

The IIA, NY Chapter provides professional development education, promotes the profession of Internal Auditors, hosts workshops, supports college internal audit programs at local and business industry events, and student scholarships.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $255,330
Investment Income $8,709
Other Revenue $0
TOTAL REVENUE $264,039

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $225,003
Other Expenses $225,603
TOTAL EXPENSES $225,603

Year-over-Year Comparison

2023 2022 Change
Revenue $264,039 $214,025 +0.2%
Expenses $225,603 $178,116 +0.3%
Net Income $38,436 $35,909 +0.1%
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

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Governance

Voting Members
19
Independent Members
19
Employees
N/A
Volunteers
40

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
6
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sue Mortensen President Executive Committee 5
Officer Director
$0 $0 $0
Stacey Guardino Board of Governors 1
Director
$0 $0 $0
Laura Chalhoub Past President 1
Director
$0 $0 $0
Frederick Magliozzi Board of Governors 1
Director
$0 $0 $0
Milan Shah Board of Governors 1
Director
$0 $0 $0
Eleonora Pechenik Board of Governors 1
Director
$0 $0 $0
Adam Stumer Board of Governors 1
Director
$0 $0 $0
Raquel Marin Board of Governors 1
Director
$0 $0 $0
David Chan Board of Governors 1
Director
$0 $0 $0
Naohiro Mouri Board of Governors 1
Director
$0 $0 $0
Elena Dobinda Board of Governors 1
Director
$0 $0 $0
Imtiaz Chowdhury VP Secretary Executive Committee 5
Officer Director
$0 $0 $0
Quan Lin Vice President & Treasurer Executive Committee 5
Officer Director
$0 $0 $0
Elrene Wittlinger VP Professional Devlopment Executive Committee 5
Officer Director
$0 $0 $0
Selene Munoz VP Professional Services Executive Committee 5
Officer Director
$0 $0 $0
Min Kim Past President Executive Committee 1
Director
$0 $0 $0
Mike Lynn Board of Governors 1
Director
$0 $0 $0
Anna Walters Executive Vice President 5
Officer Director
$0 $0 $0
Howard Shain Board of Governors 1
Director
$0 $0 $0
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
2025 No data No data No data No data
2024 $264,039 $225,603 $740,928 $38,436
2023 $214,025 $178,116 $702,492 $35,909
2022 $135,098 $84,703 $666,583 $50,395
2021 $81,863 $37,468 $616,188 $44,395
2020 $208,566 $189,725 $571,793 $18,841
2018 $263,032 $243,343 $465,786 $19,689
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