IIRL INC

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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

2021

Legal Domicile

Principal Officer

SERMID AL SARRAF ESQ

Tax Period

2022-01-01 to 2022-12-31

IIRL INC, founded in 2021, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $58K in total revenue in fiscal year 2022. The organization ran a surplus of $9K, a strong 16% operating margin.

Mission

THE MISSION OF THE INTERNATIONAL INSTITUTE FOR THE RULE OF LAW INC (IIRL INC) IS TO EDUCATE AND PROMOTE THE RULE OF LAW IN VARIOUS COUNTRIES AROUND THE WORLD. THE RULE OF LAW DOES NOT HAVE A PRCISE DEFINITION AN ITS MEANING CAN VARY BETWEEN DIFFERENT NATIONS AND LEGAL TRADITIONS

Program Service Accomplishments

Program 1

Expenses: $49,246

THE MISSION OF THE INTERNATIONAL INSTITUTE FOR THE RULE OF LAW, INC (IIRL INC.) IS TO EDUCATE AND PROMOTE THE RULE OF LAW IN VARIOUS COUNTRIES AROUND THE WORLD. THE RULE OF LAW DOES NOT HAVE A...

THE MISSION OF THE INTERNATIONAL INSTITUTE FOR THE RULE OF LAW, INC (IIRL INC.) IS TO EDUCATE AND PROMOTE THE RULE OF LAW IN VARIOUS COUNTRIES AROUND THE WORLD. THE RULE OF LAW DOES NOT HAVE A PRECISE DEFINITION, AND ITS MEANING CAN VARY BETWEEN DIFFERENT NATIONS AND LEGAL TRADITIONS. GENERALLY, HOWEVER, IT CAN BE UNDERSTOOD AS A LEGAL-POLITICAL REGIME UNDER WHICH THE LAW RESTRAINS THE GOVERNMENT BY PROMOTING CERTAIN LIBERTIES AND CREATING ORDER AND PREDICTABILITY REGARDING HOW A COUNTRY FUNCTIONS. IN THE MOST BASIS SENSE, THE RULE OF LAW IS A SYSTEM THAT ATTEMPTS TO PROTECT THE RIGHTS OF CITIZENS FROM ARBITRARY AND ABUSIVE USE OF GOVERNMENT POWER. IT IS THIS PRINCIPLE THAT IS AT THE HEART OF THE MISSION OF IIRL INC.FURTHER, IIRL INCS MISSION IS ALSO TO PROVIDE ASSISTANCE TO NEEDY INDIVIDUALS AND GROUPS TO REDRESS HUMAN RIGHTS VIOLATIONS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $58,300

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $58,300

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $49,246

Other Expenses $49,246

TOTAL EXPENSES $49,246

Year-over-Year Comparison

	2022	2021	Change
Revenue	$58,300	N/A	N/A
Expenses	$49,246	N/A	N/A
Net Income	$9,054	N/A	N/A

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

N/A

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

$6,300

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SERMID AL SARRAF ESQ	EXECUTIVE DIRECTOR	1.00	Officer	$6,300	$0	$6,300

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
2022	$58,300	$49,246	$68,455	$9,054