International Accreditation Service Inc is located in Country Club Hills, IL. The organization was established in 2004. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Accreditation Service Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, International Accreditation Service Inc generated $13.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $7.4m during the year ending 12/2021. While expenses have increased by 4.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Raj N Nathan President, Ias | Officer | 40 | $341,111 |
Mohanasundram Sabaratnam Vp, Global Accred & Qual | 40 | $145,499 | |
Georgios Anastopoulos Vp, Global Dev & Compl | 40 | $144,332 | |
Rocco Davis Chair | OfficerTrustee | 1 | $0 |
Dominic Sims CEO | Officer | 3 | $0 |
John Belcik Coo/cfo | Officer | 3 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Chin Keung Cheung Contract Assessor | 12/30/21 | $264,936 |
Walter Mershon Contract Assessor | 12/30/21 | $211,932 |
Qualtek Consultancy Services Contract Assessor | 12/30/21 | $175,723 |
Sickles Engineering Consulting Pl Contract Assessor | 12/30/21 | $143,250 |
Sims Associates - West Inc Contract Assessor | 12/30/21 | $119,278 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $11,501,133 |
Investment income | $1,522,024 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,023,651 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $367,763 |
Compensation of current officers, directors, key employees. | $131,592 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,317,450 |
Pension plan accruals and contributions | $72,414 |
Other employee benefits | $191,673 |
Payroll taxes | $117,274 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $7,148 |
Advertising and promotion | $144,875 |
Office expenses | $143,701 |
Information technology | $7,153 |
Royalties | $0 |
Occupancy | $721,934 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $648 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $156,555 |
Insurance | $0 |
All other expenses | $1,008,259 |
Total functional expenses | $7,405,493 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,608,635 |
Savings and temporary cash investments | $154,043 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,174,258 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $504 |
Net Land, buildings, and equipment | $98,254 |
Investments—publicly traded securities | $27,097,148 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $236,581 |
Total assets | $30,369,423 |
Accounts payable and accrued expenses | $244,277 |
Grants payable | $0 |
Deferred revenue | $2,313,041 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $290,241 |
Total liabilities | $2,847,559 |
Net assets without donor restrictions | $27,521,864 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $30,369,423 |
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