Nonprofit · EIN 59-1859804
INTERNAL AUDIT FOUNDATION
Tax-exempt · LAKE MARY, FL 32746
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,220,859 | $1,469,614 | $751,245 | $7,452,659 | $957,341 | $6,495,318 |
| December 31, 2023 | 990 | $1,129,209 | $1,401,432 | -$272,223 | $5,672,334 | $115,206 | $5,557,128 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,083,065
- Program service revenue
- $0
- Investment income
- $137,794
- Net gain from sales of assets
- $33,741
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $119,059
- Other salaries and wages
- $354,735
- Salaries, compensation and benefits (total)
- $456,787
- Professional fundraising fees
- $0
- Accounting fees
- $17,655
- Travel
- $33,603
- Program services (functional)
- $674,646
- Management and general (functional)
- $794,968
Balance sheet and other
- Total assets, start of year
- $5,672,334
- Total assets, end of year
- $7,452,659
- Total liabilities, end of year
- $957,341
- Net assets, end of year
- $6,495,318
- Publicly traded securities
- $3,787,815
- Net assets without donor restrictions
- $5,276,886
- Net assets with donor restrictions
- $1,218,432
- Gross receipts
- $2,877,428
- Employees
- 0
- Volunteers
- 33
- Year formed
- 1976
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ANTHONY PUGLIESE | IIA President Trustee or director, Officer | 1 | $0 | $1,141,126 | $141,672 |
| ANN S COHEN | CFO-EVP, ACCT, FINANCE, & TECH Officer | 1 | $0 | $592,613 | $96,636 |
| JAVIER FALEATO | EVP GLOBAL STRATEGY Key employee | 6 | $0 | $492,472 | $111,272 |
| LAURA LEBLANC | SR. DIRECTOR, IAF (AS OF 07/2024) Officer | 39 | $0 | $203,155 | $40,394 |
| GLENN HO | SR VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| SARAH FEDELE | VICE PRES, FINANCE/DEVELOPMENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| WARREN W STIPPICH | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| YULIA GURMAN | VICE PRESIDENT, CONTENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| DAWN JONES | MEMBER (AS OF 07/2024) Trustee or director | 2 | $0 | $0 | $0 |
| HOSSAMELDIN EL SHAFFEI | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| JOSE CALERON | MEMBER (AS OF 07/2024) Trustee or director | 2 | $0 | $0 | $0 |
| MICHAEL SMITH | MEMBER (AS OF 07/2024) Trustee or director | 2 | $0 | $0 | $0 |
| NORA ATEF REDA ZEID KELANI | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| RAOUL MENES | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| REYES FUENTES ORTEA | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHIRLEY MACHABA | MEMBER Trustee or director | 2 | $0 |
| SUBRAMANIAN BHASKAR | MEMBER Trustee or director | 2 | $0 |
| SUSAN HASELEY | MEMBER (AS OF 07/2024) Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ANTHONY PUGLIESE | IIA CEO Trustee or director, Officer | 1 | $0 | $887,853 | $155,630 |
| LAURA LEBLANC | SR. DIRECTOR, IAF Officer | 30 | $0 | $169,261 | $54,031 |
| WARREN W STIPPICH | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| GLENN HO | SR VICE PRESIDENT, STRATEGY Trustee or director, Officer | 2 | $0 | $0 | $0 |
| SARAH FEDELE | VICE PRES, FINANCE/DEVELOPMENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| YULIA GURMAN | VICE PRESIDENT, CONTENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| SUBRAMANIAN BHASKAR | MEMBER (AS OF 07/2023) Trustee or director | 2 | $0 | $0 | $0 |
| LAWRENCE HARRINGTON | MEMBER (THRU 07/2023) Trustee or director | 2 | $0 | $0 | $0 |
| SHIRLEY MACHABA | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| RAOUL MENES | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| HIROSHI NAKA | MEMBER (AS OF 07/2023) Trustee or director | 2 | $0 | $0 | $0 |
| REYES FUENTES ORTEA | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| HOSSAMELDIN EL SHAFFEI | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| NORA ATEF REDA ZEID KELANI | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1035 GREENWOOD BLVD STE 401, LAKE MARY, FL 32746-5412
- In care of
- % ANN S COHEN
- Principal officer (990 for 2024)
- ANTHONY S PUGLIESE, 1035 GREENWOOD BOULEVARD 401, LAKE MARY, FL 32746
- Signed the 990
- ANN S COHEN, CFO
- Phone
- (407) 937-1300
- Website
- WWW.THEIIA.ORG
- Return prepared by
- BDO USA
Mission
TO SHAPE, EXPAND, AND ADVANCE KNOWLEDGE OF INTERNAL AUDITING BY DEVELOPING AND DISSEMINATING TIMELY, RELEVANT INFORMATION AND INSIGHTS THAT ADDRESS THE NEEDS OF OUR STAKEHOLDERS GLOBALLY. FUELED BY THE GENEROSITY OF DONORS, THE INTERNAL AUDIT FOUNDATION EMPOWERS THE INTERNAL AUDIT PROFESSION BY DEVELOPING CUTTING-EDGE RESEARCH AND PROGRAMS. THE FOUNDATION HELPS CURRENT AND FUTURE INTERNAL AUDITORS STAY RELEVANT BY BUILDING AND ENHANCING THEIR SKILLS AND KNOWLEDGE, ENSURING ORGANIZATIONS ARE EQUIPPED TO CREATE, PROTECT, AND SUSTAIN LONG-TERM VALUE.
Program accomplishments
- THE FOUNDATION PROVIDES GRANTS TO EDUCATIONAL INSTITUTIONS WORLDWIDE THAT PARTICIPATE IN THE IIA'S INTERNAL AUDIT ACADEMIC ALLIANCE, A PROGRAM CREATED TO STRENGTHEN AND EXPAND INTERNAL AUDIT EDUCATION IN HIGHER EDUCATION. THROUGH THE ALLIANCE, SCHOOLS INCORPORATE AN INTERNAL AUDITING CURRICULUM WITHIN AN UNDERGRADUATE OR GRADUATE DEGREE PROGRAM ENDORSED BY THE IIA. THE FOUNDATION CONDUCTS AN ANNUAL GRANT CYCLE EACH YEAR THROUGH WHICH SCHOOLS MAY APPLY FOR FUNDING TO SUPPORT CURRICULUM DEVELOPMENT AND PROGRAM GROWTH AND MARKETING.Expenses $393,418 · grants $99,309
- THE FOUNDATION CONDUCTS AND FUNDS RESEARCH ON THE INTERNAL AUDIT PROFESSION, INCLUDING STUDIES ON EMERGING PRACTICES, THE EFFECTS OF MACROECONOMIC, TECHNOLOGICAL, AND ENVIRONMENTAL FACTORS, AND THE FUTURE OF THE PROFESSION. IN COLLABORATION WITH ACADEMICS AND PARTNER ORGANIZATIONS, THE FOUNDATION PRODUCES REPORTS BASED ON BOTH QUANTITATIVE AND QUALITATIVE METHODS.Expenses $144,739 · grants $14,000
- THE FOUNDATION PROVIDES A GLOBAL GRANT PROGRAM TO PROVIDE TEMPORARY FUNDING SUPPORT TO IIA INSTITUTES AND CHAPTERS TO STRENGTHEN MEMBER PROGRAMS AND SERVICES.THESE GRANTS SUPPORT INITIATIVES SUCH AS CERTIFICATION TRAINING, STUDENT AND UNIVERSITY AWARENESS PROGRAMS, AND EQUIPMENT NEEDS.Expenses $136,489 · grants $5,750
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 59-1859804
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1983
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B114)
- Assets (IRS master file)
- $7,452,659
- Income (IRS master file)
- $2,877,428
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,220,859 | $1,469,614 | $7,452,659 | IRS |
| 990 | December 2023 | $1,129,209 | $1,401,432 | $5,672,334 | XML |
| 990 | December 2022 | $935,570 | $679,005 | $5,600,569 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-1859804).
Questions about INTERNAL AUDIT FOUNDATION
- What is the EIN of INTERNAL AUDIT FOUNDATION?
- The employer identification number (EIN) of INTERNAL AUDIT FOUNDATION is 59-1859804.
- Is INTERNAL AUDIT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to INTERNAL AUDIT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INTERNAL AUDIT FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INTERNAL AUDIT FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INTERNAL AUDIT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of INTERNAL AUDIT FOUNDATION?
- The 990 for the year ended December 31, 2024 names ANTHONY S PUGLIESE.
- Who are the officers and directors of INTERNAL AUDIT FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
- How much revenue does INTERNAL AUDIT FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,220,859, expenses of $1,469,614 and total assets of $7,452,659 at year end.
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