Detroit Chapter Institute of Internal Auditors

EIN: 237379238

Troy, MI

Total Revenue
$291,057
Total Expenses
$380,528
Total Assets
$175,422
Net Assets
$175,422
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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
1982
Legal Domicile
MI
Principal Officer
Asel Solovyeva
Phone
7349450185
Tax Period
2024-06-01 to 2025-05-31

Detroit Chapter Institute of Internal Auditors, founded in 1982, is a small nonprofit that reported $291K in total revenue in fiscal year 2024. Expenses of $381K exceeded revenue, resulting in a 31% operating deficit.

Mission

To promote the internal auditing profession and provide educational opportunities

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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 (2024)

Revenue Breakdown

Contributions & Grants $17,496
Program Service Revenue $269,655
Investment Income $3,906
Other Revenue $0
TOTAL REVENUE $291,057

Expense Breakdown

Grants Paid $21,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $339,607
Other Expenses $359,028
TOTAL EXPENSES $380,528

Year-over-Year Comparison

2024 2023 Change
Revenue $291,057 $288,722 +0.0%
Expenses $380,528 $260,776 +0.5%
Net Income $-89,471 $27,946 -4.2%
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

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Governance

Voting Members
18
Independent Members
17
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
7
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brian Smith Board Member 0.00
Director
$0 $0 $0
Peter Hartung 2nd Past President 0.00
Director
$0 $0 $0
Laurie Eissler Board Member 0.00
Director
$0 $0 $0
John Pagac Board Member 0.00
Director
$0 $0 $0
Kamilla Williams 3rd Past President 0.00
Director
$0 $0 $0
Jason Thomas President 0.50
Director
$0 $0 $0
Nakia Robinson Secretary 1.00
Director
$0 $0 $0
Karen Harreld Board Member 1.50
Director
$0 $0 $0
Amanda Hill Board Member 0.00
Director
$0 $0 $0
Christopher Martinez Board Member 1.00
Director
$0 $0 $0
Sajay Rai Board Member 0.00
Director
$0 $0 $0
Michael Peters Board Member 0.00
Officer
$0 $0 $0
Alan Demir VP President Elect 0.00
Officer
$0 $0 $0
Michael Macdonald Board Member 0.00
Officer
$0 $0 $0
Jaqueline Sheerin Board Member 2.00
Officer
$0 $0 $0
Asel Solovyeva Treasurer 3.00
Officer
$0 $0 $0
Carrie Schrader 2nd Vice President 2.00
Officer
$0 $0 $0
Ziad Lajnef Board Member 0.00
Officer
$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 $291,057 $380,528 $175,422 $-89,471
2024 $288,722 $260,776 $264,823 $27,946
2023 $228,502 $222,959 $225,569 $5,543
2022 $223,006 $187,111 $230,130 $35,895
2021 $253,771 $217,352 $212,903 $36,419
2020 $188,194 $190,781 $158,531 $-2,587
2019 $341,051 $337,651 $162,515 $3,400
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