INTERNATIONAL ASSOCIATION OF ADMIN… - Form 990 Financial Data

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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

2000

Legal Domicile

Principal Officer

AMY SAJKO

Phone

8168916600

Tax Period

2023-10-01 to 2024-09-30

INTERNATIONAL ASSOCIATION OF ADMINISTRATIVE PROFESSIONALS FOUNDATION, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $419K in total revenue in fiscal year 2023. Revenue surged 389% from the prior year, signaling strong growth momentum. Expenses of $1.2M exceeded revenue, resulting in a 185% operating deficit.

Mission

THE IAAP FOUNDATION INVESTS IN THE SUCCESS OF OFFICE AND ADMINISTRATIVE PROFESSIONALS BY SUPPORTING INNOVATIVE RESEARCH, EDUCATIONAL, AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES.

Program Service Accomplishments

Program 1

Expenses: $835,743

THE IAAP FOUNDATION (FOUNDATION) IS THE CHARITABLE PARTNER OF THE INTERNATIONAL ASSOCIATION OF ADMINISTRATIVE PROFESSIONALS (IAAP). THE FOUNDATION INVESTS IN THE SUCCESS OF OFFICE AND ADMINISTRATIVE PROFESSIONALS TO ENSURE ADMINS ARE PREPARED TO SERVE THE BUSINESS NEEDS OF THE FUTURE AS THE VISIBILITY OF THE PROFESSION CONTINUES TO RISE. THE FOUNDATION PROVIDES GRANTS IN SUPPORT OF INNOVATIVE RESEARCH AND DEVELOPMENT ACTIVITIES THAT IMPROVE THE ADMINISTRATIVE PROFESSION AND SUPPORTS THE EDUCATIONAL AND PROFESSIONAL GROWTH OF ADMINISTRATIVE PROFESSIONALS THROUGH VARIOUS EDUCATIONAL SCHOLARSHIP 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $135,395

Program Service Revenue $0

Investment Income $283,104

Other Revenue $81

TOTAL REVENUE $418,580

Expense Breakdown

Grants Paid $665,297

Salaries & Benefits $305,136

Fundraising Expenses $100,913

Program Expenses $835,743

Other Expenses $220,728

TOTAL EXPENSES $1,191,161

Year-over-Year Comparison

	2023	2022	Change
Revenue	$418,580	$85,569	+3.9%
Expenses	$1,191,161	$936,130	+0.3%
Net Income	$-772,581	$-850,561	-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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$185,164

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA BRAUN	CHAIR	4.00	Officer Director	$0	$0	$0
CARISSA BURGETT	CHAIR ELECT	4.00	Officer Director	$0	$0	$0
TERRI MULLAN	DIRECTOR	4.00	Director	$0	$0	$0
ANIKA PORTER	DIRECTOR (TERM START 7/31/24)	4.00	Director	$0	$0	$0
ELAINE STROHM	DIRECTOR (TERM START 7/31/24)	4.00	Director	$0	$0	$0
SHARON TAYLOR	CHAIR (TERM END 7/31/24)	4.00	Officer Director	$0	$0	$0
DEBBIE BAILEY	DIRECTOR (TERM END 12/15/23)	4.00	Director	$0	$0	$0
AMY SAJKO	FOUNDATION CEO	55.00	Officer	$149,680	$35,484	$185,164

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	$418,580	$1,191,161	$10,852,897	$-772,581
2023	$85,569	$936,130	$9,817,041	$-850,561
2022	$304,110	$753,883	$9,817,977	$-449,773
2021	$10,325,235	$764,776	$12,298,333	$9,560,459
2020	$1,478,880	$1,556,783	$1,794,813	$-77,903
2019	$1,481,122	$1,373,270	$1,889,112	$107,852

INTERNATIONAL ASSOCIATION OF ADMINISTRATIVE PROFESSIONALS FOUNDATION