IT GOVERNANCE INSTITUTE

EIN: 953080691 501(c)(3)

Schaumburg, IL

Total Revenue
N/A
Total Expenses
$570
Total Assets
N/A
Net Assets
N/A
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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
1976
Legal Domicile
CA
Phone
8472531545
Tax Period
2022-01-01 to 2022-04-30

Mission

EFFECTIVE 4/30/2022 THE ORGANIZATION FILED ARTICLES OF DISSOLUTION WITH THE STATE OF CALIFORNIA. THE IT GOVERNANCE INSTITUTE (ITGI) SHARES WITH ITS AFFILIATED MEMBERSHIP ASSOCIATION, INFORMATION SYSTEMS AUDIT AND CONTROL ASSOCIATION, INC. (ISACA) (RELATED ORGANIZATION), A MISSION OF SERVING PROFESSIONALS AND ORGANIZATIONS BY BEING THE LEADING GLOBAL PROVIDER OF KNOWLEDGE, CERTIFICATIONS, COMMUNITY, ADVOCACY AND EDUCATION ON INFORMATION SYSTEMS ASSURANCE AND SECURITY, GOVERNANCE OF ENTERPRISE INFORMATION TECHNOLOGY (IT), AND IT-RELATED RISK AND COMPLIANCE. ITGI'S ROLE FOCUSES ON KNOWLEDGE OF IT GOVERNANCE AND RELATED TOPICS. ITGI SUPPORTS INTERNATIONAL UNDERSTANDING OF GOOD PRACTICES TO DIRECT AND CONTROL AN ENTERPRISE'S IT. THROUGH ITS SUPPORT OF ISACA'S COLLABORATIVE DEVELOPMENT MODEL, ITGI HELPS ENABLE GLOBAL PERSPECTIVE ON CRITICAL ISSUES FACING ENTERPRISE LEADERS AND PRACTITIONERS IN THEIR IT GOVERNANCE RESPONSIBILITIES.

Program Service Accomplishments

Program 1

IN 2020 THE ISACA AND ITGI BOARD INITIATED THE PROCESS TO DISSOLVE THE INSTITUTE. THIS PROCESS OF DISSOLUTION CONCLUDED IN APRIL 2022. AS A RESULT, THE ORGANIZATION'S PROGRAM SERVICE ACTIVITIES ARE...

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IN 2020 THE ISACA AND ITGI BOARD INITIATED THE PROCESS TO DISSOLVE THE INSTITUTE. THIS PROCESS OF DISSOLUTION CONCLUDED IN APRIL 2022. AS A RESULT, THE ORGANIZATION'S PROGRAM SERVICE ACTIVITIES ARE NO LONGER ACTIVE. THE FOLLOWING DESCRIBES THE ORGANIZATION'S PROGRAM SERVICES PRIOR TO THIS ORGANIZATIONAL CHANGE. IT GOVERNANCE INSTITUTE (ITGI) AND INFORMATION SYSTEMS AUDIT AND CONTROL ASSOCIATION, INC. (ISACA) (RELATED ORGANIZATION) SERVE IT PROFESSIONALS AND ORGANIZATIONS WORLDWIDE THROUGH KNOWLEDGE, CERTIFICATIONS, COMMUNITY, ADVOCACY AND EDUCATION IN THE PROFESSIONAL SPECIALTIES OF THEIR MEMBERS AND ENGAGED PROFESSIONALS. ITGI SUPPORTS ISACA'S WORK TO INCREASE UNDERSTANDING OF THE RELATIONSHIPS AMONG DIFFERENT TYPES OF ENTERPRISE GOVERNANCE AND GLOBAL PRACTICES FOR IMPLEMENTING EFFECTIVE ENTERPRISE GOVERNANCE OF INFORMATION TECHNOLOGY (IT). ITGI FOCUSES PRIMARILY ON FRAMEWORKS AND SUPPORTING DOCUMENTS TO HELP ENTERPRISES ACHIEVE THE FIVE FOCUS AREAS OF IT GOVERNANCE: STRATEGIC ALIGNMENT, PERFORMANCE MEASUREMENT, RESOURCE MANAGEMENT, VALUE DELIVERY AND RISK MANAGEMENT

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $570
TOTAL EXPENSES $570

Year-over-Year Comparison

2021 2020 Change
Revenue N/A $64 -1.0%
Expenses $570 $3,653 -0.8%
Net Income N/A $-3,589 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
5
Independent Members
2
Employees
N/A
Volunteers
2

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
5
$1,138,580
Total Directors
5
$1,138,580
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A DIRECTOR & ISACA CEO 1.0
Officer Director
$0 $26,694 $778,438
N/A Chair 2021-2022 1.0
Officer Director
$0 $0 $0
N/A SECRETARY & CORPORATE GOVERNANCE MANAGER 1.0
Officer Director
$0 $9,463 $65,402
N/A TREASURER & CFO 1.0
Officer Director
$0 $23,815 $294,740
N/A PAST CHAIR, 2020-2021 1.0
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
2022 No data $570 No data No data
2021 $64 $3,653 $906,874 $-3,589
2020 $2,360 $799,191 $910,463 $-796,831
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