Institute Of Industrial And Systems Engineers Inc
Industrial and Systems Engineers Institute faces recurring operational deficits despite stable asset base.
EIN: 131926850 · Norcross, GA · Updated: 2026-03-28
Is Institute Of Industrial And Systems Engineers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Institute Of Industrial And Systems Engineers Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Institute Of Industrial And Systems Engineers Inc
Institute Of Industrial And Systems Engineers Inc (EIN: 131926850) is a nonprofit organization based in Norcross, GA. The organization reported total revenue of $5.8M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute Of Industrial And Systems Engineers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute Of Industrial And Systems Engineers Inc is a mid-size nonprofit that has been operating for 63 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.2M |
| Total Expenses | $5.6M |
| Surplus / Deficit | $-476,804 |
| Total Assets | $5.5M |
| Total Liabilities | $4.7M |
| Net Assets | $722K |
| Operating Margin | -9.2% |
| Debt-to-Asset Ratio | 86.8% |
| Months of Reserves | 11.6 months |
Financial Health Grade: C
In 2023, Institute Of Industrial And Systems Engineers Inc reported a deficit of $477K with expenses exceeding revenue, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 86.8% (high leverage).
Financial Trends
Over 11 years of filings (2012–2023), Institute Of Industrial And Systems Engineers Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.3% | +19.3% | +14.6% |
| 2022 | +12.9% | +3.6% | -6.0% |
| 2021 | -13.4% | -9.8% | -4.4% |
| 2020 | -22.9% | -8.9% | -17.4% |
| 2019 | -1.6% | +2.5% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2800 |
| IRS Ruling Date | 1963 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Institute Of Industrial And Systems Engineers Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Institute Of Industrial And Systems Engineers Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $477K, with expenses exceeding revenue.
- Debt-to-asset ratio: 86.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, which is highly unusual for an organization of this size with revenues exceeding $5 million. This suggests either a volunteer leadership structure or that compensation is reported under different categories, warranting further investigation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Institute Of Industrial And Systems Engineers Inc's IRS 990 filings:
- Recurring operational deficits (e.g., $5,639,315 expenses vs. $5,162,511 revenue in 2023)
- Significant and increasing liabilities relative to assets ($4,733,742 liabilities vs. $5,455,693 assets in 2023)
- Unusually low (0%) reported officer compensation for an organization of this size, which may obscure actual executive remuneration if categorized differently.
Strengths
The following positive indicators were identified for Institute Of Industrial And Systems Engineers Inc:
- Consistent IRS 990 filing history demonstrates regulatory compliance.
- Maintains a healthy asset base, providing financial stability despite operational deficits (e.g., $5,455,693 in assets in 2023).
- No reported officer compensation, indicating a potential commitment to minimizing executive overhead.
Frequently Asked Questions about Institute Of Industrial And Systems Engineers Inc
Is Institute Of Industrial And Systems Engineers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute Of Industrial And Systems Engineers Inc (EIN: 131926850) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Institute Of Industrial And Systems Engineers Inc spend its money?
Institute Of Industrial And Systems Engineers Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Institute Of Industrial And Systems Engineers Inc tax-deductible?
Institute Of Industrial And Systems Engineers Inc is registered as a tax-exempt nonprofit (EIN: 131926850). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does the organization consistently report 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with revenues exceeding $5 million. This could indicate a volunteer-led executive team, or that executive compensation is categorized differently within the financial statements, which would require further review of the full IRS Form 990 to clarify.
What are the specific reasons for the recurring operational deficits?
The organization has experienced recurring operational deficits, with expenses exceeding revenues in several recent years (e.g., 2023, 2022, 2021). Understanding the specific drivers of these deficits, such as increased program costs, administrative overhead, or declining revenue streams, would require a deeper dive into the detailed expense categories and revenue sources.
How does the organization plan to address the increasing liabilities?
Liabilities have shown an upward trend, reaching $4,733,742 in 2023. Given that this represents a significant portion of the organization's assets ($5,455,693), understanding the nature of these liabilities and the organization's strategy for managing or reducing them is crucial for long-term financial health.
Filing History
IRS 990 filing history for Institute Of Industrial And Systems Engineers Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Institute Of Industrial And Systems Engineers Inc's revenue has grown by 29.3%, moving from $4.0M to $5.2M. Total assets increased by 56.5% over the same period, from $3.5M to $5.5M. Total functional expenses rose by 45%, from $3.9M to $5.6M. In its most recent filing year (2023), Institute Of Industrial And Systems Engineers Inc reported a deficit of $477K, with expenses exceeding revenue. The organization holds $4.7M in liabilities against $5.5M in assets (debt-to-asset ratio: 86.8%), resulting in net assets of $722K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.2M | $5.6M | $5.5M | $4.7M | — | View 990 |
| 2022 | $4.2M | $4.7M | $4.8M | $3.2M | — | View 990 |
| 2021 | $3.7M | $4.6M | $5.1M | $3.1M | — | View 990 |
| 2020 | $4.3M | $5.1M | $5.3M | $2.8M | — | View 990 |
| 2019 | $5.6M | $5.6M | $6.4M | $2.8M | — | View 990 |
| 2018 | $5.6M | $5.4M | $6.6M | $2.5M | — | View 990 |
| 2017 | $5.7M | $5.4M | $6.3M | $2.3M | — | View 990 |
| 2015 | $5.2M | $4.7M | $5.2M | $2.1M | — | View 990 |
| 2014 | $4.9M | $4.6M | $4.4M | $1.8M | — | View 990 |
| 2013 | $4.5M | $4.3M | $3.9M | $1.7M | — | View 990 |
| 2012 | $4.0M | $3.9M | $3.5M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.2M, expenses of $5.6M, and assets of $5.5M (revenue +23.3% year-over-year).
- 2022: Revenue of $4.2M, expenses of $4.7M, and assets of $4.8M (revenue +12.9% year-over-year).
- 2021: Revenue of $3.7M, expenses of $4.6M, and assets of $5.1M (revenue -13.4% year-over-year).
- 2020: Revenue of $4.3M, expenses of $5.1M, and assets of $5.3M (revenue -22.9% year-over-year).
- 2019: Revenue of $5.6M, expenses of $5.6M, and assets of $6.4M (revenue -1.6% year-over-year).
- 2018: Revenue of $5.6M, expenses of $5.4M, and assets of $6.6M (revenue -1.6% year-over-year).
- 2017: Revenue of $5.7M, expenses of $5.4M, and assets of $6.3M (revenue +9.6% year-over-year).
- 2015: Revenue of $5.2M, expenses of $4.7M, and assets of $5.2M (revenue +7.2% year-over-year).
- 2014: Revenue of $4.9M, expenses of $4.6M, and assets of $4.4M (revenue +8.2% year-over-year).
- 2013: Revenue of $4.5M, expenses of $4.3M, and assets of $3.9M (revenue +13.2% year-over-year).
- 2012: Revenue of $4.0M, expenses of $3.9M, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute Of Industrial And Systems Engineers Inc:
Data Sources and Methodology
This transparency report for Institute Of Industrial And Systems Engineers Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.