Quick charity verification for International Federation Of Accountants (EIN: 132915461)
Verdict: International Federation Of Accountants appears trustworthy
90/100Mission Score
$45.4MRevenue
$22.7MAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation for an organization of this size is unusual and warrants further investigation into how executive leadership is compensated or structured.
Strengths
Consistent revenue growth over the past decade, from $29.6M in 2014 to $43.7M in 2023.
Significant asset growth, from $15.4M in 2014 to $27.2M in 2023, indicating strong financial management.
Remarkable 0% officer compensation reported across all filings, suggesting high efficiency and mission focus.
Generally positive net income (revenue exceeding expenses) in most years, demonstrating sustainable operations.
Long history of public IRS 990 filings, indicating strong transparency.
Spending Breakdown
How International Federation Of Accountants allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about International Federation Of Accountants
Is International Federation Of Accountants a legitimate charity?
Based on AI analysis of IRS 990 filings, International Federation Of Accountants (EIN: 132915461) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is International Federation Of Accountants a good charity to donate to?
International Federation Of Accountants has a Mission Score of 90/100. Revenue: $45.4M. Assets: $22.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Federation Of Accountants?
The Employer Identification Number (EIN) for International Federation Of Accountants is 132915461. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does International Federation Of Accountants spend its money?
International Federation Of Accountants allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Federation Of Accountants's tax-exempt status?
You can verify International Federation Of Accountants's tax-exempt status using EIN 132915461 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The International Federation Of Accountants (IFAC) demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade, indicating sustainable operations. For instance, in 2022, revenue was $34,686,939 against expenses of $33,448,063. While the latest filing for 2023 shows expenses slightly exceeding revenue ($43,938,047 vs $43,752,070), this appears to be an anomaly in an otherwise positive trend. The organization's assets have also shown steady growth, from $15,401,144 in 2014 to $27,253,304 in 2023, suggesting good financial management and capacity.
IFAC's spending efficiency is commendable, particularly given its stated mission. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of strong financial stewardship and a focus on mission-related expenditures rather than executive enrichment. This practice enhances public trust and suggests that resources are primarily directed towards programmatic activities and operational needs. The organization's transparency is high, with a long history of publicly available IRS 990 filings, allowing for thorough financial scrutiny.