Internal Audit Foundation FY2020 filing
Educates and researches internal auditing practices. For fiscal year 2020 it reported $1.9M in revenue, $1.7M in expenses, and $5.3M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Education
- Location
- Lake Mary, FL
- Website
- www.theiia.org
- Filings
- 5 on file (2020–2020)
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Summary of the Filing
Where the work happens
The internal audit foundation produces educational publications focused on aiding internal audit practitioners in performing their role adequately, in alignment with the iia's standards for the profession, and best practices.
The foundation provides grants to educational institutions worldwide that participate in the iia's internal auditing education partnership (iaep) program which was developed to respond to the growing interest in internal audit education at institutions of higher learning.
The foundation conducts and funds research on the internal audit profession including trending practices over time and research on the impact of macro economic, technological, and environmental factors on the business environment and subsequently the profession.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 77% | — | — |
| Overhead ratio | 23% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Investment management fee ratio | 0.1% | — | — |
| Legal fee ratio | 0.9% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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