IAPMO RESEARCH AND TESTING INC

EIN: 954507362

ONTARIO, CA

Total Revenue
$58,178,492
Total Expenses
$41,142,055
Total Assets
$19,242,887
Net Assets
$2,284,701
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Principal Officer
DAVID VIOLA
Phone
9094724100
Tax Period
2023-01-01 to 2023-12-31

IAPMO RESEARCH AND TESTING INC, founded in 1995, is a mid-sized nonprofit that reported $58.2M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $17.0M, a strong 29% operating margin.

Mission

PERFORMING INDEPENDENT TESTING, RESEARCH, AND TECHNICAL SERVICES IN THE PLUMBING AND MECHANICAL INDUSTRIES, AS WELL AS PROVIDING CONSULTATION, TRAINING, QUALITY ASSURANCE, FAILURE ANALYSIS, AND WITNESS/FIELD TESTING SERVICES.

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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 $0
Program Service Revenue $58,014,311
Investment Income $157,222
Other Revenue $6,959
TOTAL REVENUE $58,178,492

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,237,352
Fundraising Expenses $0
Other Expenses $24,904,703
TOTAL EXPENSES $41,142,055

Year-over-Year Comparison

2023 2022 Change
Revenue $58,178,492 $50,566,669 +0.2%
Expenses $41,142,055 $35,383,688 +0.2%
Net Income $17,036,437 $15,182,981 +0.1%
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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Governance

Voting Members
5
Independent Members
5
Employees
N/A
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
4
$0
Total Directors
5
$0
Key Employees
3
$1,649,317
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEN WIJAYA EVP-R&T LAB 45.00
Key Emp
$0 $65,326 $600,080
JIN LUO EVP-LAB RECO 45.00
Key Emp
$0 $72,066 $534,351
OHANNES DEMBEKJIAN EVP-CONT COM 45.00
Key Emp
$0 $65,326 $514,886
ANISH DESAI VP-PRODUCT C 45.00
Highest
$0 $63,470 $324,368
SHIRLEY DEWI SVP-QUALITY 45.00
Highest
$0 $63,188 $322,935
OSCAR ZANONI VP-CERTIFICA 45.00
Highest
$0 $36,098 $294,283
XUEFENG HUANG LAB DIRECTOR 45.00
Highest
$0 $59,430 $289,478
DONNA ESTRADA SVP-LAB SERV 45.00
Highest
$0 $34,868 $253,479
JEREMY DIAZ DIRECTOR 5.00
Director
$0 $0 $0
JOHN NIELSEN DIRECTOR 5.00
Director
$0 $0 $0
STEVE PANELLI CHAIRMAN 5.00
Officer Director
$0 $0 $0
JASON SHANK DIRECTOR 5.00
Director
$0 $0 $0
JEREMY STETTLER VICE CHAIRMA 5.00
Officer Director
$0 $0 $0
BRIAN HAMNER SECRETARY/EX 5.00
Officer
$0 $0 $0
DAVID VIOLA CEO 5.00
Officer
$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
2024 No data No data No data No data
2023 $58,178,492 $41,142,055 $19,242,887 $17,036,437
2022 $50,566,669 $35,383,688 $15,823,445 $15,182,981
2021 $46,736,492 $28,807,715 $11,214,766 $17,928,777
2020 $44,653,285 $29,262,588 $9,694,406 $15,390,697
2019 $46,397,790 $29,634,505 $11,243,691 $16,763,285
2018 $42,324,990 $27,695,587 $8,783,384 $14,629,403
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