Public Charity

IBA FOUNDATION INC

IBA FOUNDATION INC is a nonprofit organization categorized as Public Charity based in INDIANAPOLIS, IN. Its most recent IRS filing (2024) reports revenue of $3.8M, expenses of $3.1M, total assets of $15.0M.

EIN: 351855863 INDIANAPOLIS, IN Education N.E.C. NTEE: B99 Latest filing: 2024
Total Revenue$3.8M
Total Expenses$3.1M
Total Assets$15.0M
Grant Records0
Filing Years2019–2024

Mission

TO PROVIDE EDUCATION PROGRAMS TO MEMBERS OF THE BANKING INDUSTRY, THOSE ASPIRING TO DEVELOP THEIR CAPABILITIES IN THE BUSINESS OF BANKING, AND INSTRUCTING THE PUBLIC REGARDING BANKING.

Where $100 goes at Iba Foundation Inc

How Iba Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$94 Programs the work itself
$6 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$94
Convention, conferences and seminars and related expenses provide education and information to those seeking information and instruction on subjects relative to banks including but not limited to members…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

ASSISTANT TREASURER & CEO Amber R Van Til
PRESIDENT Benjamin J Bochnowski
SECOND VP & TREASURER David M Findlay
FIRST VICE PRESIDENT Matthew W Howrey
SECRETARY Rodney E Lasley

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $3.8M $3.1M $15.0M
2023 $2.9M $2.9M $13.8M
2022 $2.8M $2.8M $13.1M
2020 $2.2M $1.9M $12.4M
2019 $4.5M $2.6M $11.6M

Between 2019 and 2024, reported annual revenue declined from $4.5M to $3.8M (-15%), with total assets most recently reported at $15.0M.

Interactive year-over-year charts and full filing details available with membership.

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