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International Internet Testing Associati

Downers Grove, ILUnknown exempt organizationEIN 84-1971995Revenue $2.2M in FY2022

On file with the IRScomptia.org3500 Lacey Road 100 · Downers Grove, IL

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Iita is an illinois not-for-profit corporation organized for the purposes of promoting, benefiting, and advancing the Testing industry. Iita will seek to identify and promote innovation that iita believes will advance the industry and opportunities through which the Testing industry can overcome challenges facing the industry and expand access to standardized tests to the general public.

Mission: Form 990 Part I, line 1

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $361K a year · 49% of revenue · last 3 filings
Worth a look: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Cash reserves
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$48K
-2% of total assets
Looks good: liabilities are -2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.2M
Spent
$319K
Net assets
−$2.1M
By yearFY2020–FY2022
Revenue
$2.2M
FY2022
Tap a bar for its year
Revenue by fiscal year
FY2020$0
FY2021$0
FY2022$2.2M
Expenses
$319K
FY20220%
Tap a bar for its year
Expenses by fiscal year
FY2020$472K
FY2021$319K
FY2022$319K
Net assets
−$2.1M
FY2022▼ -25%
Tap a bar for its year
Net assets by fiscal year
FY2020−$1.2M
FY2021−$1.6M
FY2022−$2.1M

From the FY2022 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

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

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Brian Laffey
Treasurer
$0Pt VII · Sec A
Courtney Fong
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Brian Laffey
Treasurer
$0Pt VII · Sec A
Courtney Fong
Secretary
$0Pt VII · Sec A
See International Internet Testing Associati executive salaries →

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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 advances the testing industry, fostering innovation and expanding public access to standardized tests.

Questions for International Internet Testing Associati

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Provided by the organization

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2 programs · in their own filed words · FY2022
01

Iita has identified, and seeks to develop and promote, innovative technology that will seek to address challenges facing the testing industry. Use of this technology will enable members of the testing industry to offer its tests to test-takers in their homes, thereby potentially removing certain financial barriers to taking a…

Pt IX · col B
02

Iita has identified, and seeks to develop and promote, innovative technology that will seek to address challenges facing the testing industry. Use of this technology will enable members of the testing industry to offer its tests to test-takers in their homes, thereby potentially removing certain financial barriers to taking a…

Pt IX · col B

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$2.2M
Ln 12
Other incomeLn 4–11$2.2M
Money outPt IX
$319K
Ln 25
Owns and owesPt X
−$2.1M
net assets · Ln 32
Cash and savingsLn 1–2$7K
Total assetsLn 16−$2.0M
LiabilitiesLn 26$48K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Other incomeLn 4–11$2.2M
Total revenueLn 12$2.2M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$7K
Total assetsLn 16−$2.0M
LiabilitiesLn 26$48K
Net assetsLn 32−$2.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $2.2M$319K$1.9M−$2.1M 990 PDF
FY2021 $0$319K−$319K−$1.6M 990 PDF
FY2020 $0$472K−$472K−$1.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (1 part)
Part VI · Governance 0 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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