Institute Of Management Accountants Memorial Education Fund Inc
Institute Of Management Accountants Memorial Education Fund Inc: Strong Financials, Low Overhead
EIN: 222673344 · Montvale, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $667K |
| Total Expenses | $52K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $3.4M |
| Transparency Score | 85/100 |
Is Institute Of Management Accountants Memorial Education Fund Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Institute Of Management Accountants Memorial Education Fund Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Institute Of Management Accountants Memorial Education Fund Inc
Institute Of Management Accountants Memorial Education Fund Inc (EIN: 222673344) is a nonprofit organization based in Montvale, NJ. The organization reported total revenue of $667K and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute Of Management Accountants Memorial Education Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute Of Management Accountants Memorial Education Fund Inc is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $238K |
| Total Expenses | $52K |
| Surplus / Deficit | +$186K |
| Total Assets | $3.5M |
| Total Liabilities | $100K |
| Net Assets | $3.4M |
| Operating Margin | 78.0% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 811.3 months |
Financial Health Grade: A
In 2023, Institute Of Management Accountants Memorial Education Fund Inc reported a surplus of $186K with revenue exceeding expenses, holds 811.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Institute Of Management Accountants Memorial Education Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.8% | -68.6% | +10.8% |
| 2022 | -47.4% | -39.2% | -12.5% |
| 2021 | +95.0% | +494.2% | +14.9% |
| 2020 | -16.6% | -71.9% | +6.6% |
| 2019 | +190.0% | -44.1% | -7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1986 |
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 Management Accountants Memorial Education Fund Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Institute Of Management Accountants Memorial Education Fund Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 surplus of $186K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or externally funded leadership structure.
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.
Strengths
The following positive indicators were identified for Institute Of Management Accountants Memorial Education Fund Inc:
- Consistently low administrative and fundraising expenses, with a high percentage of spending directed towards programs.
- Strong asset base, consistently over $3 million, indicating financial stability.
- Consistent revenue generation, with fluctuations but no significant downward trend.
Frequently Asked Questions about Institute Of Management Accountants Memorial Education Fund Inc
Is Institute Of Management Accountants Memorial Education Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute Of Management Accountants Memorial Education Fund Inc (EIN: 222673344) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Institute Of Management Accountants Memorial Education Fund Inc spend its money?
Institute Of Management Accountants Memorial Education Fund Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Institute Of Management Accountants Memorial Education Fund Inc tax-deductible?
Institute Of Management Accountants Memorial Education Fund Inc is registered as a tax-exempt nonprofit (EIN: 222673344). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Institute Of Management Accountants Memorial Education Fund Inc CEO make?
Institute Of Management Accountants Memorial Education Fund Inc's highest-compensated officer earns $0 annually. The organization reported $667K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Institute Of Management Accountants Memorial Education Fund Inc's spending goes to programs?
Institute Of Management Accountants Memorial Education Fund Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Institute Of Management Accountants Memorial Education Fund Inc located?
Institute Of Management Accountants Memorial Education Fund Inc is headquartered in Montvale, New Jersey and files with the IRS under EIN 222673344.
How many years of IRS 990 filings does Institute Of Management Accountants Memorial Education Fund Inc have?
Institute Of Management Accountants Memorial Education Fund Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $667K in total revenue.
What does Institute Of Management Accountants Memorial Education Fund Inc do?
Institute Of Management Accountants Memorial Education Fund Inc is a nonprofit organization in the Unknown sector, located in Montvale, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Institute Of Management Accountants Memorial Education Fund Inc have?
Institute Of Management Accountants Memorial Education Fund Inc reported total revenue of $667,433. Based on 13 IRS 990 filings on record.
What are Institute Of Management Accountants Memorial Education Fund Inc's total assets?
Institute Of Management Accountants Memorial Education Fund Inc holds total assets of $4,039,312 as reported in IRS 990 filings.
Where is Institute Of Management Accountants Memorial Education Fund Inc located?
Institute Of Management Accountants Memorial Education Fund Inc is based in Montvale, New Jersey.
What is Institute Of Management Accountants Memorial Education Fund Inc's EIN?
Institute Of Management Accountants Memorial Education Fund Inc's Employer Identification Number (EIN) is 222673344. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Institute Of Management Accountants Memorial Education Fund Inc?
Institute Of Management Accountants Memorial Education Fund Inc is classified under NTEE code Unknown (Unknown).
Is Institute Of Management Accountants Memorial Education Fund Inc a registered 501(c)(3)?
Institute Of Management Accountants Memorial Education Fund Inc appears in IRS records (EIN: 222673344). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Institute Of Management Accountants Memorial Education Fund Inc file IRS Form 990?
Yes, Institute Of Management Accountants Memorial Education Fund Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Institute Of Management Accountants Memorial Education Fund Inc's revenue in 2023?
In the 202306 filing period, Institute Of Management Accountants Memorial Education Fund Inc reported total revenue of $238,064, total expenses of $52,429, and net assets of $3,544,670.
Is Institute Of Management Accountants Memorial Education Fund Inc's revenue growing or declining?
Institute Of Management Accountants Memorial Education Fund Inc's revenue is growing. Revenue went from $192,362 (202206) to $238,064 (202306), a +23.8% change. Based on 13 filings on record.
What is Institute Of Management Accountants Memorial Education Fund Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Institute Of Management Accountants Memorial Education Fund Inc covers tax period 202306. It shows revenue of $238,064, expenses of $52,429, total assets of $3,544,670, and liabilities of $100,000.
How much does Institute Of Management Accountants Memorial Education Fund Inc spend on programs vs administration?
Based on IRS 990 analysis, Institute Of Management Accountants Memorial Education Fund Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Institute Of Management Accountants Memorial Education Fund Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Institute Of Management Accountants Memorial Education Fund Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Institute Of Management Accountants Memorial Education Fund Inc's strengths?
Positive indicators for Institute Of Management Accountants Memorial Education Fund Inc include: Consistently low administrative and fundraising expenses, with a high percentage of spending directed towards programs.. Strong asset base, consistently over $3 million, indicating financial stability.. Consistent revenue generation, with fluctuations but no significant downward trend.. These findings are derived from AI analysis of the organization's financial filings.
How does Institute Of Management Accountants Memorial Education Fund Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or externally funded leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported $0 executive compensation, how does the organization sustain its operational leadership and management?
The organization likely relies on volunteer leadership, pro-bono services, or administrative support provided by a related entity (e.g., the Institute of Management Accountants) without direct compensation from this specific fund, as indicated by the consistent $0 reported in Form 990s.
What specific educational programs or initiatives does the fund support, given its mission and spending breakdown?
While the filings indicate a high percentage of program spending, the available data does not detail the specific educational programs, scholarships, or initiatives supported. Further investigation into their website or annual reports would be necessary to identify these.
Filing History
IRS 990 filing history for Institute Of Management Accountants Memorial Education Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Institute Of Management Accountants Memorial Education Fund Inc's revenue has grown by 28.6%, moving from $185K to $238K. Total assets increased by 8.2% over the same period, from $3.3M to $3.5M. Total functional expenses fell by 52.6%, from $111K to $52K. In its most recent filing year (2023), Institute Of Management Accountants Memorial Education Fund Inc reported a surplus of $186K, with revenue exceeding expenses. The organization holds $100K in liabilities against $3.5M in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $238K | $52K | $3.5M | $100K | — | View 990 |
| 2022 | $192K | $167K | $3.2M | $100K | — | View 990 |
| 2021 | $366K | $274K | $3.7M | $0 | — | View 990 |
| 2020 | $188K | $46K | $3.2M | $100K | — | View 990 |
| 2019 | $225K | $164K | $3.0M | $100K | — | View 990 |
| 2018 | $78K | $294K | $3.2M | $462K | — | View 990 |
| 2017 | $120K | $253K | $3.1M | $181K | — | View 990 |
| 2016 | $352K | $118K | $3.5M | $583K | — | View 990 |
| 2015 | $212K | $303K | $3.6M | $725K | — | View 990 |
| 2014 | $405K | $70K | $3.3M | $145K | — | View 990 |
| 2013 | $200K | $83K | $3.6M | $893K | — | View 990 |
| 2012 | $203K | $278K | $3.4M | $871K | — | View 990 |
| 2011 | $185K | $111K | $3.3M | $617K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $238K, expenses of $52K, and assets of $3.5M (revenue +23.8% year-over-year).
- 2022: Revenue of $192K, expenses of $167K, and assets of $3.2M (revenue -47.4% year-over-year).
- 2021: Revenue of $366K, expenses of $274K, and assets of $3.7M (revenue +95.0% year-over-year).
- 2020: Revenue of $188K, expenses of $46K, and assets of $3.2M (revenue -16.6% year-over-year).
- 2019: Revenue of $225K, expenses of $164K, and assets of $3.0M (revenue +190.0% year-over-year).
- 2018: Revenue of $78K, expenses of $294K, and assets of $3.2M (revenue -35.2% year-over-year).
- 2017: Revenue of $120K, expenses of $253K, and assets of $3.1M (revenue -65.9% year-over-year).
- 2016: Revenue of $352K, expenses of $118K, and assets of $3.5M (revenue +66.1% year-over-year).
- 2015: Revenue of $212K, expenses of $303K, and assets of $3.6M (revenue -47.7% year-over-year).
- 2014: Revenue of $405K, expenses of $70K, and assets of $3.3M (revenue +102.6% year-over-year).
- 2013: Revenue of $200K, expenses of $83K, and assets of $3.6M (revenue -1.7% year-over-year).
- 2012: Revenue of $203K, expenses of $278K, and assets of $3.4M (revenue +9.9% year-over-year).
- 2011: Revenue of $185K, expenses of $111K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute Of Management Accountants Memorial Education Fund Inc:
Data Sources and Methodology
This transparency report for Institute Of Management Accountants Memorial Education Fund 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.