To be recognized in key international markets as the body that promotes and enforces professional standards & offers access to the most sought after professional status.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$853K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $809K a year · 64% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$853K
to officers and key staff · 28% of spending
Worth a look: pay to officers and key staff is 28% of spending; over 20%.
Pt VII · Sec A
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.7M
×14 of total assets
Concern: liabilities are 1400% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 2 voting members
Concern: none of 2 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.7M
Spent
$3.0M
Net assets
−$3.4M
By yearFY2020–FY2024
Revenue
$1.7M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.7M
FY2021$566K
FY2022$1.4M
FY2022$931K
FY2023$1.4M
FY2024$1.3M
Expenses
$3.0M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$3.0M
FY2021$2.4M
FY2022$2.1M
FY2022$851K
FY2023$1.5M
FY2024$1.4M
Net assets
−$3.4M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$3.4M
FY2021−$5.3M
FY2022−$6.0M
FY2022−$5.9M
FY2023−$6.0M
FY2024−$6.1M

From the FY2020 Form 990 (year ending July 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

7 people listed on the 990; $853K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Dir.of Strategic Partnerships
$268,457Pt VII · Sec A
Prog Lead - Construction
$135,907Pt VII · Sec A
Rog Lead - Valuation
$127,876Pt VII · Sec A
In-Market Product Lead Aemea
$111,474Pt VII · Sec A
Head of Insights & Research
$106,753Pt VII · Sec A
Sen. Public Affairs Officer
$102,741Pt VII · Sec A
Executive Director
$0Pt VII · Sec A

Anil Sawhney’s $143K as Program Lead - Construction is at the 43rd percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2022FY2021FY2020
Neil Shah——$292,723$202,412$198,195$268,457
Anil Sawhney$143,320$146,549$134,618$130,706$126,464$135,907
Neil Shah Until 732023—$138,468————
Steve Choi—$129,795$127,308$127,308$127,308$127,876
Jacqueline Oppenheim———$102,409$125,399$111,474
Lauren Nachstein——$118,097$116,400$117,000$106,753
Michael Zuriff$115,425$114,832$106,392$105,600$105,600$102,741
Allen Williams$102,063$101,608————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes and enforces professional standards, offering access to sought-after professional status globally.

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2 programs · in their own filed words · FY2019
01

Rics americas hosted 1 larger summit conference and 24 smaller events with a focus on topics related to the surveying industry, including real estate, construction, facilities management, and business valuation in order to promote rics, along with its standard.

Pt IX · col B
02

Service Fee Income

Reimbursement of costs, plus a 5% markup of the internal costs, incurred in furtherance of rics uk's activities, specifically in promoting membership to and processing applications for professionals in the region.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.7M
Ln 12
Fees for servicesLn 2g$1.7M
Money outPt IX
$3.0M
Ln 25
Owns and owesPt X
−$3.4M
net assets · Ln 32
Cash and savingsLn 1–2$102K
Total assetsLn 16$297K
LiabilitiesLn 26$3.7M
PeoplePt VI, VII
7
listed · VII A
PaidVII A6
Voting boardVI 1a2
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.7M
Gains on assetsLn 7$0
Total revenueLn 12$1.7M
Assets in detailPt X, end of year
CashLn 1$102K
SavingsLn 2$0
Cash and savings togetherLn 1–2$102K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$17K
Other assetsLn 15$125K
Total assetsLn 16$297K
LiabilitiesLn 26$3.7M
Net assetsLn 32−$3.4M
OperationsPt I, VI
EmployeesI 518
VolunteersI 675
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$330K$102K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$49K$17K
Total assetsLn 16$578K$297K
LiabilitiesLn 26$2.7M$3.7M
Net assetsLn 32−$2.1M−$3.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$316K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.2M
Pension plan contributionsLn 8$179K
Other employee benefitsLn 9$285K
Payroll taxesLn 10$117K
Management feesLn 11a$0
Legal feesLn 11b$6K
Accounting feesLn 11c$23K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$3K
Advertising and promotionLn 12$118K
Office expensesLn 13$82K
Information technologyLn 14$2K
RoyaltiesLn 15$0
OccupancyLn 16$275K
TravelLn 17$207K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$21K
InterestLn 20$13K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$41K
InsuranceLn 23$26K
Other expenses (24a–d)Ln 24$112K
All other expensesLn 24e$793
Total functional expensesLn 25$3.0M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.3M$1.4M−$114K−$6.1M 990 PDF
FY2023 $1.4M$1.5M−$48K−$6.0M 990 PDF
FY2022 $1.4M$2.1M−$703K−$6.0M 990 PDF
FY2021 $566K$2.4M−$1.8M−$5.3M 990 PDF
FY2020 Viewing $1.7M$3.0M−$1.3M−$3.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $1,651,471 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $2,844,623$1,651,471
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,844,623$1,651,471
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,000,136$2,064,447
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,296,947$930,990
I-18 Total expensesPrior year $4,297,083$2,995,437
I-19 Revenue less expensesPrior year −$1,452,460−$1,343,966
Part VI · Governance 0 of 2 board members independent, 1 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members0
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,651,471 across 8 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,651,471$1,651,471
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $1,651,471$1,651,471
Part IX · Statement of functional expenses $2,995,437 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$316,287
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$1,167,227
IX-8 Pension plan contributions$178,675
IX-9 Other employee benefits$285,032
IX-10 Payroll taxes$117,226
IX-11a Management fees$0
IX-11b Legal fees$6,227
IX-11c Accounting fees$23,230
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$3,418
IX-12 Advertising and promotion$117,662
IX-13 Office expenses$82,065
IX-14 Information technology$1,593
IX-15 Royalties$0
IX-16 Occupancy$275,278
IX-17 Travel$207,205
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$21,187
IX-20 Interest$13,248
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$40,629
IX-23 Insurance$26,498
IX-24 Other expenses (24a–d)$111,957
IX-24e All other expenses$793
IX-25 Total functional expenses$2,995,437
Part X · Balance sheet $296,819 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $329,517$102,141
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $58,944$53,020
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $49,051$16,789
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $140,980$124,869
X-16 Total assetsStart of year $578,492$296,819
X-17 Accounts payable and accrued expensesStart of year $287,215$115,149
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $2,682,521$3,744,814
X-27 Net assets without donor restrictionsStart of year −$2,104,029−$3,447,995
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year −$2,104,029−$3,447,995
X-33 Total liabilities and net assetsStart of year $578,492$296,819
Part XI · Reconciliation of net assets −$3,447,995 net assets at year end
XI-1 Total revenue$1,651,471
XI-2 Total expenses$2,995,437
XI-3 Revenue less expenses−$1,343,966
XI-4 Net assets at start of year−$2,104,029
XI-10 Net assets at end of year−$3,447,995

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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