INTERNATIONAL PIPE INSPECTORS ASSOC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL PIPE INSPECTORS ASSOC, founded in 1985, is a small nonprofit that reported $114K in total revenue in fiscal year 2023. Expenses of $147K exceeded revenue, resulting in a 29% operating deficit.

Mission

THE PRIMARY OBJECTIVE IS TO PROVIDE TRAINING NECESSARY TO MEET INDUSTRY STANDARDS FOR QUALITY CONTROL AND SAFETY

Program Service Accomplishments

Program 1

Expenses: $106,797 Revenue: $113,543

OPERATION OF A TRAINING SCHOOL FOR THE PURPOSE OF TRAINING ITS MEMBERS IN THE INSPECTION AND NON DESTRUCTIVE TESTING OF OILFIELD PIPE AND RELATED PRODUCTS WITH THE PRIMARY OBJECTIVE TO INSURE THE...

OPERATION OF A TRAINING SCHOOL FOR THE PURPOSE OF TRAINING ITS MEMBERS IN THE INSPECTION AND NON DESTRUCTIVE TESTING OF OILFIELD PIPE AND RELATED PRODUCTS WITH THE PRIMARY OBJECTIVE TO INSURE THE MEMBERS MEET INDUSTRY STANDARDS FOR SAFETY AND QUALITY CONTROL

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $113,510

Program Service Revenue $0

Investment Income $33

Other Revenue $0

TOTAL REVENUE $113,543

Expense Breakdown

Grants Paid $0

Salaries & Benefits $90,968

Fundraising Expenses $0

Program Expenses $106,797

Other Expenses $55,614

TOTAL EXPENSES $146,582

Year-over-Year Comparison

	2023	2022	Change
Revenue	$113,543	N/A	N/A
Expenses	$146,582	N/A	N/A
Net Income	$-33,039	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONY COURTIS	BOARD MEMBER	0.00	Director	$0	$0	$0
MIKE JENNETTE	BOARD MEMBER	0.00	Officer Director	$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	No data	No data	No data	No data
2023	$113,543	$146,582	$262,301	$-33,039
2022	$142,179	$132,114	$293,820	$10,065
2021	$109,394	$122,851	$285,309	$-13,457
2020	$95,868	$128,248	$300,656	$-32,380
2019	$135,262	$187,354	$339,169	$-52,092
2018	$229,914	$368,675	$391,376	$-138,761