INTERNATIONAL PIPE INSPECTORS ASSOC

EIN: 742194316

Houston, TX

Total Revenue
$113,543
Total Expenses
$146,582
Total Assets
$262,301
Net Assets
$259,249
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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
1985
Legal Domicile
TX
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

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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%)

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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
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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

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Governance

Voting Members
2
Independent Members
N/A
Employees
2
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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
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
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