Ifma Foundation FY2023 filing
Funds scholarships and educational opportunities for facilities management. For fiscal year 2023 it reported $969K in revenue, $827K in expenses, and $1.2M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Nonprofit
- Location
- Houston, TX
- Website
- www.ifmafoundation.org
- Filings
- 6 on file (2020–2023)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Diane Levine | — | $134,207 | $134,980 | $120,920 |
| Rachel Biundo | $92,098 | — | — | — |
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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Where the work happens
Ifma foundation's three global workforce inititaives programs include: FM talent development pipeline programs (TDP) at the community level which consist of students learning the essentials of FM (eofm), a career connections event, a job shadowing program, a paid internship, and a capstone ignitefm! Student competition.
Accreditation of facility management degrees is a key component of the ifma foundation's support of the FM profession and FM higher education. The FM adp program administered by the facility management accreditation commission, ensures students, employer and other constituents that the FM curriculum at accredited institutions includes…
Grants of scholarships to 27 students studying to enter the FM profession were made in 2022-23. In addition to a monetary award to help offset the costs of earning their FM related degree, scholarship recipients were also awarded travel and related expenses to participate in ifma's world workplace annual conference and exposition.
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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 | 79% | — | — |
| Overhead ratio | 12% | — | — |
| Fundraising cost ratio | 9% | — | — |
| Revenue growth | -6% | — | — |
| Investment management fee ratio | 0.6% | — | — |
| Legal fee ratio | 0.2% | — | — |
| Accounting fee ratio | 3% | — | — |
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.
Grants
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Filings & Schedule Manifest
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Sources
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