Iec Nfp FY2023 filing

Not tax-deductible

Schaumburg, IL501(c)(6)Medical ResearchEIN 87-3158757

The International Eczema Council (IEC) was formed to operate as a professional association serving the educational and other needs and professional interests of dermatologists, researchers, companies and other healthcare professionals and entities involved in the field of atopic dermatitis (AD) and to promote the practice and field of AD. IECs mission is to enhance its members clinical and research practices and professional interests, as well as the overall field of AD. IEC works to foster collaboration amongst its members, to provide education on AD and the optimal management of AD, and to facilitate research on AD and related areas.

$203K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2023 · 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
3 of 3
filings with a surplus
Average surplus $361K a year · 30% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$203K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
15 mo
of spending, in cash
Looks good: 14.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $270K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$217K
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
-10% vs prior year
Spent
$881K
To programs
0%
Net assets
$922K
By yearFY2022–FY2024
Revenue
$1.2M
FY2023▼ -10%
Revenue by fiscal year
FY2022$1.3M
FY2023$1.2M
FY2024$1.0M
Expenses
$881K
FY2023▲ +18%
Expenses by fiscal year
FY2022$749K
FY2023$881K
FY2024$871K
Net assets
$922K
FY2023▲ +54%
Net assets by fiscal year
FY2022$597K
FY2023$922K
FY2024$1.1M

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 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 Jul 2022.

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

Who runs it and what they're paid

13 people listed on the 990; $203K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$202,884Pt VII · Sec A
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
President Elect
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Alan Stiles’s $191K as Executive Dir. is at the 55th percentile of top reported officer pay among 360 $1–10M medical research 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022
Alan Stiles$190,888$202,884$109,200
Margaret Jung——$52,514

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 15aNo

Programs and updates

Educates and fosters collaboration among professionals to advance eczema research and care.

Provided by the organization

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1 program service, described in the organization's own filed words · FY2023.
01

In 2023, The International Eczema Council had 6 in- person symposia, AAD in San Diego (American Academy of Dermatology) RADLA in Peru, SID in Dallas (Society for Investigative Dermatology) EAACI in Spain (European Academy of Allergy and Clinical Immunology Congress), ESDR in Portugal (European Society for Dermatological Research), and…

Pt IX · col B

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Iec FoundationFY2022$270K
Total grants receivedfrom 1 funder$270K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Gifts and grantsLn 1h$1.2M
Other incomeLn 4–11$50K
Investment incomeLn 3$168
Money outPt IX
$881K
Ln 25
Owns and owesPt X
$922K
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$1.1M
LiabilitiesLn 26$217K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Investment incomeLn 3$168
Other incomeLn 4–11$50K
Gains on assetsLn 7$0
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$77K
SavingsLn 2$1.0M
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1K
Other assetsLn 15$14K
Total assetsLn 16$1.1M
LiabilitiesLn 26$217K
Net assetsLn 32$922K
OperationsPt I, VI
EmployeesI 52
VolunteersI 6161
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$687K$1.1M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1K
Total assetsLn 16$801K$1.1M
LiabilitiesLn 26$205K$217K
Net assetsLn 32$597K$922K
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$203K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$13K
Management feesLn 11a$436K
Legal feesLn 11b$375
Accounting feesLn 11c$9K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$49K
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$79K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$700
InsuranceLn 23$6K
Other expenses (24a–d)Ln 24$68K
All other expensesLn 24e$16K
Total functional expensesLn 25$881K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.0M$871K$162K$1.1M 990 PDF
FY2023 Viewing $1.2M$881K$325K$922K 990 PDF
FY2022 $1.3M$749K$597K$597K 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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $1,205,720 across 8 lines filed
VIII-1f All other contributions, gifts and grants$1,155,552
VIII-1h Total contributions, gifts and grants$1,155,552
VIII-3 Investment incomeExcluded from tax $168$168
VIII-5 RoyaltiesExcluded from tax $50,000$50,000
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 revenueExcluded from tax $50,168$1,205,720
Part IX · Statement of functional expenses $880,724 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$202,884
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$13,325
IX-11a Management fees$436,345
IX-11b Legal fees$375
IX-11c Accounting fees$8,895
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$49,351
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$78,851
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$700
IX-23 Insurance$6,452
IX-24 Other expenses (24a–d)$67,682
IX-24e All other expenses$15,864
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$880,724
Part X · Balance sheet $1,138,031 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $686,714$77,390
X-2 Savings and temporary cash investments$1,009,007
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $87,500$12,500
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $8,830$23,507
X-10c Land, buildings and equipment, net$1,399
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $18,354$14,228
X-16 Total assetsStart of year $801,398$1,138,031
X-17 Accounts payable and accrued expensesStart of year $53,276$95,465
X-19 Deferred revenueStart of year $151,600$121,048
X-26 Total liabilitiesStart of year $204,876$216,513
X-27 Net assets without donor restrictionsStart of year $596,522$921,518
X-32 Total net assets or fund balancesStart of year $596,522$921,518
X-33 Total liabilities and net assetsStart of year $801,398$1,138,031
Part XI · Reconciliation of net assets $921,518 net assets at year end
XI-1 Total revenue$1,205,720
XI-2 Total expenses$880,724
XI-3 Revenue less expenses$324,996
XI-4 Net assets at start of year$596,522
XI-10 Net assets at end of year$921,518

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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