INTERNATIONAL REPUBLICAN INSTITUTE

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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

1983

Legal Domicile

Principal Officer

DR DANIEL TWINING

Phone

2024089450

Tax Period

2023-10-01 to 2024-09-30

INTERNATIONAL REPUBLICAN INSTITUTE, founded in 1983, is a major nonprofit in the Education sector that reported $126.5M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

IRI ADVANCES FREEDOM AND DEMOCRACY WORLDWIDE BY DEVELOPING POLITICAL PARTIES, CIVIC INSTITUTIONS, OPEN ELECTIONS, DEMOCRATIC GOVERNANCE AND THE RULE OF LAW.

Program Service Accomplishments

Program 1

Expenses: $5,731,605

VENEZUELA: IRI HAS SUPPORTED DEMOCRATIC ACTORS TO RESPOND TO CITIZEN NEEDS BY ENCOURAGING ISSUE-BASED POLICY DISCUSSIONS AND CITIZEN PARTICIPATION IN THE DECISION-MAKING PROCESS. WE BUILD THE...

VENEZUELA: IRI HAS SUPPORTED DEMOCRATIC ACTORS TO RESPOND TO CITIZEN NEEDS BY ENCOURAGING ISSUE-BASED POLICY DISCUSSIONS AND CITIZEN PARTICIPATION IN THE DECISION-MAKING PROCESS. WE BUILD THE CAPACITY OF DEMOCRATIC ACTORS TO IDENTIFY AND ARTICULATE LOCAL ISSUES OF CONCERN AND TO PROMOTE PUBLIC DIALOGUE. WE ALSO HIGHLIGHT THE IMPORTANCE OF BUILDING RELATIONSHIPS AND COMMUNICATION MECHANISMS AMONG DEMOCRATIC ACTORS, INCLUDING ELECTED OFFICIALS AND CITIZENS. WE SUPPORT THE PRESERVATION OF DEMOCRATIC SPACE, FREEDOM OF EXPRESSION AND ACCESS TO INFORMATION.

Program 2

Expenses: $3,858,165

UKRAINE: AMIDST A WARTIME CONTEXT, IRI WORKS TO IMPROVE THE RESPONSIVENESS AND ACCOUNTABILITY OF UKRAINE'S LOCAL GOVERNMENT AND POLITICAL PARTIES, AND TO PROMOTE CIVIC ENGAGEMENT AND THE...

UKRAINE: AMIDST A WARTIME CONTEXT, IRI WORKS TO IMPROVE THE RESPONSIVENESS AND ACCOUNTABILITY OF UKRAINE'S LOCAL GOVERNMENT AND POLITICAL PARTIES, AND TO PROMOTE CIVIC ENGAGEMENT AND THE PARTICIPATION OF GROUPS SUCH AS INTERNALLY DISPLACED PERSONS (IDPS) AND VETERANS IN THE DECISION-MAKING AND RECOVERY PROCESS. IRI WORKS IN COMMUNITIES THROUGHOUT UKRAINE TO IMPROVE INTERACTION BETWEEN LOCAL-LEVEL STAKEHOLDERS, AND TO DEVELOP LOCAL GOVERNMENTS AND POLITICAL PARTIES' INTERNAL ORGANIZATIONAL CAPACITIES, EXTERNAL OUTREACH, AND RESPONSIVENESS TO CITIZENS.

Program 3

Expenses: $3,311,928

IRAQ: AGAINST A FLOOD OF MISINFORMATION ABOUT IRAQ'S ELECTORAL SYSTEM AND HOW BALLOTS ARE CAST AND COUNTED, IRAQI CITIZENS DISTRUST MANY POLITICAL INSTITUTIONS THAT HAVE PROMISED TO DELIVER A BETTER FUTURE. THROUGH ITS PROGRAMS, IRI WORKS WITH COMMITTED CIVIC ORGANIZERS AND DEMOCRACY-FOCUSED CIVIL SOCIETY ORGANIZATIONS THAT SEEK TO ENCOURAGE VOTER TURNOUT AND EDUCATE VOTERS ABOUT THEIR RIGHTS, RESPONSIBILITIES, AND THE DEMOCRATIC FRAMEWORK UNDER WHICH THEY LIVE.

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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 $126,587,533

Program Service Revenue $0

Investment Income $28,362

Other Revenue $-130,842

TOTAL REVENUE $126,485,053

Expense Breakdown

Grants Paid $13,728,640

Salaries & Benefits $56,965,064

Fundraising Expenses $36,016

Program Expenses $108,108,721

Other Expenses $57,359,041

TOTAL EXPENSES $128,088,761

Year-over-Year Comparison

	2023	2022	Change
Revenue	$126,485,053	$134,932,880	-0.1%
Expenses	$128,088,761	$134,033,513	0.0%
Net Income	$-1,603,708	$899,367	-2.8%

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

580

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

$1,094,892

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
US SENATOR DAN SULLIVAN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
RANDY SCHEUNEMANN	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
ALEC L POITEVINT II	SECRETARY TREASURER	1.00	Officer Director	$0	$0	$0
JUDY BLACK	DIRECTOR	1.00	Director	$0	$0	$0
GAHL HODGES BURT	DIRECTOR	1.00	Director	$0	$0	$0
SENATOR TOM COTTON	DIRECTOR	1.00	Director	$0	$0	$0
AMBASSDOR PAULA DOVRIANSKY	DIRECTOR	1.00	Director	$0	$0	$0
CONGRESSMAN JAKE ELLZEY	DIRECTOR	1.00	Director	$0	$0	$0
SENATOR JONI ERNST	DIRECTOR	1.00	Director	$0	$0	$0
FRANK J FAHRENKOPF JR	DIRECTOR	1.00	Director	$0	$0	$0
CHIRSTOPHER J FUSSNER	DIRECTOR	1.00	Director	$0	$0	$0
CORY GARDNER	DIRECTOR	1.00	Director	$0	$0	$0
SENATOR LINDSEY GRAHAM	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM J HYBL	DIRECTOR	1.00	Director	$0	$0	$0
MARK KIRK	DIRECTOR	1.00	Director	$0	$0	$0
TAMI LONGABERGER	DIRECTOR	1.00	Director	$0	$0	$0
LT GENERAL HR MCMASTER	DIRECTOR	1.00	Director	$0	$0	$0
CONSTANCE BERRY NEWMAN	DIRECTOR	1.00	Director	$0	$0	$0
MATT POTTINGER	DIRECTOR	1.00	Director	$0	$0	$0
SENATOR MITT ROMNEY	DIRECTOR	1.00	Director	$0	$0	$0
ILEANA ROS-LEHTINEN	DIRECTOR	1.00	Director	$0	$0	$0
AMBASSDOR KRISTEN SILVERBERG	DIRECTOR	1.00	Director	$0	$0	$0
FRANCE TOWNSEND	DIRECTOR	1.00	Director	$0	$0	$0
AMBASSADOR GADDI VASQUEZ	DIRECTOR	1.00	Director	$0	$0	$0
OLIN L WETHINGTON	DIRECTOR	1.00	Director	$0	$0	$0
DANA WHITE	DIRECTOR	1.00	Director	$0	$0	$0
DR DANIEL TWINING	PRESIDENT	40.00	Officer	$403,640	$89,995	$493,635
KIMBER SHEARER MAIER	EXECUTIVE VICE PRESIDENT	40.00	Officer	$276,055	$57,285	$333,340
HALLAM FERGUSON	VP OF GLOBAL OPERATIONS	40.00	Officer	$243,865	$24,052	$267,917
JOHN S MASTIC	VICE PRESIDENT OF PROGRAMS	40.00	Highest	$240,450	$30,417	$270,867
KREGG HALSTEAD	RESIDENT PROGRAM DIRECTOR	40.00	Highest	$239,782	$28,529	$268,311
ANTONIA FERRIER	VICE PRESIDENT	40.00	Highest	$242,598	$22,644	$265,242
PATRICK QUIRK	VP OF STRATEGY INNOVATION	40.00	Highest	$233,887	$22,935	$256,822
SANTIAGO STOCKER	PROGRAM DIRECTOR	40.00	Highest	$216,806	$27,899	$244,705

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	$126,485,053	$128,088,761	$26,086,825	$-1,603,708
2023	$134,932,880	$134,033,513	$37,143,381	$899,367
2022	$121,749,618	$120,954,796	$24,970,461	$794,822
2021	$102,917,047	$102,931,052	$20,839,397	$-14,005
2020	$84,074,760	$84,408,242	$19,462,496	$-333,482
2019	$76,417,076	$76,404,811	$18,987,641	$12,265
2018	$55,916,697	$55,921,487	$13,739,145	$-4,790