INSTITUTE FOR BUILDING TECHNOLOGY … - 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

1997

Legal Domicile

Principal Officer

ANJUMA GOSWAMI KARKERA

Phone

7034812000

Tax Period

2024-07-01 to 2025-06-30

INSTITUTE FOR BUILDING TECHNOLOGY AND SAFETY, founded in 1997, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $42.6M in total revenue in fiscal year 2024. Expenses of $38.7M left a modest 9% surplus.

Mission

TO DELIVER QUALITY SERVICES TO MEET THE CHALLENGES OF GOVERNANCE AT ALL LEVELS WHILE ENHANCING PUBLIC SAFETY, ECONOMIC DEVELOPMENT, AND THE GENERAL WELFARE OF THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $27,456,350 Revenue: $41,127,855

IBTS PROVIDES SOLUTIONS TO ASSIST MUNICIPALITIES, STATES AND FEDERAL GOVERNMENTS, WITH EFFICIENT SERVICE DELIVERY THROUGH PUBLIC-NON-PROFIT PARTNERSHIPS, OFFERING THE FOLLOWING SERVICES: BUILDING...

IBTS PROVIDES SOLUTIONS TO ASSIST MUNICIPALITIES, STATES AND FEDERAL GOVERNMENTS, WITH EFFICIENT SERVICE DELIVERY THROUGH PUBLIC-NON-PROFIT PARTNERSHIPS, OFFERING THE FOLLOWING SERVICES: BUILDING DEPARTMENT, FLOOD PLAIN, STORMWATER, PLANNING DEPARTMENT, MUNICIPAL, CDBG, RESILIENCY, DISASTER/EMERGENCY MANAGEMENT, AND ENERGY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $283,198

Program Service Revenue $41,127,855

Investment Income $1,173,697

Other Revenue $34,524

TOTAL REVENUE $42,619,274

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,435,021

Fundraising Expenses $0

Program Expenses $27,456,350

Other Expenses $19,266,523

TOTAL EXPENSES $38,701,544

Year-over-Year Comparison

	2024	2023	Change
Revenue	$42,619,274	$40,014,243	+0.1%
Expenses	$38,701,544	$36,665,841	+0.1%
Net Income	$3,917,730	$3,348,402	+0.2%

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

Governance

Voting Members

Independent Members

Employees

192

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

$1,221,815

Total Directors

$312,447

Key Employees

$502,297

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASHOK GOSWAMI	PRESIDENT / VICE CHAIRMAN	20.00	Officer Director	$260,177	$52,270	$312,447
JONATHAN R LEWIS	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIGID SHEA	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNE MILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
OD HARRIS	BOARD MEMBER	1.00	Director	$0	$0	$0
KRISTA LILLIS	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
NEIL CHOUDHARY	PRESIDENT / CHAIRMAN	1.00	Officer Director	$0	$0	$0
ANJUMA KARKERA	CHIEF EXECUTIVE OFFICER	40.00	Officer	$508,182	$72,996	$581,178
MAURICE KESSLER	CHIEF FINANCIAL OFFICER	40.00	Officer	$291,563	$36,627	$328,190
AGNES CRESPO QUINTANA	DIRECTOR	40.00	Key Emp	$193,407	$17,178	$210,585
CHRISTOPHER FENNELL THRU 0624	CHIEF DEVELOPMENT OFFICER	40.00	Key Emp	$272,672	$19,040	$291,712
PAUL HANCHER	PRINCIPAL TECHNICAL OFFICER	40.00	Highest	$248,469	$54,425	$302,894
CARMEN LOPEZ	DIRECTOR, CAPTURE AND PROPOSAL MANAGEMENT	40.00	Highest	$236,018	$33,041	$269,059
ASEEM JAISWAL	DIRECTOR	40.00	Highest	$224,981	$13,922	$238,903
CHRISTOPHER MILLER	DIRECTOR, CIVIC AND INFRASTRUCTURE SERVICES	40.00	Highest	$234,819	$13,098	$247,917
JAMES TURNER JR	DIRECTOR, FEDERAL PROGRAMS	40.00	Highest	$204,437	$11,580	$216,017

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	$42,619,274	$38,701,544	$41,086,153	$3,917,730
2024	$40,014,243	$36,665,841	$38,202,016	$3,348,402
2023	$37,602,167	$35,543,666	$39,140,150	$2,058,501
2022	$39,068,286	$32,613,366	$33,134,663	$6,454,920
2021	$35,730,533	$31,193,920	$25,914,167	$4,536,613
2020	$34,877,787	$37,468,261	$24,641,355	$-2,590,474
2019	$47,011,646	$49,849,777	$30,832,200	$-2,838,131
2018	$70,238,193	$69,184,508	$39,504,596	$1,053,685

INSTITUTE FOR BUILDING TECHNOLOGY AND SAFETY