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EIN 13-2915461

International Federation of Accountants (IFAC)

IRS 501(c) type
501(c)(6)
Num. employees
63
City
New York
State
New York
Year formed
1977
Most recent tax filings
2023-12-01
NTEE code, primary
S41: Promotion of Business
Description
IFAC sets ethics, auditing and assurance, education, and public sector accounting standards. It also issues guidance to encourage high quality performance by professional accountants in business those working in small and medium practices.
Total revenues
$43,752,070
2023
Total expenses
$43,938,047
2023
Total assets
$27,253,304
2023
Num. employees
63
2023

Program areas at IFAC

Ifac is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong International economies. Ifac is comprised of more than 180 members and associates in more than 135 jurisdictions, representing more than 3 million Accountants in public practice, education, government service, industry, and commerce. Ifac contributes to and supports the development, adoption, and implementation of high-quality International standards, leads and develops a future-ready accountancy profession, and speaks out and engages as the voice for the global accounting profession.

Grants made by IFAC

GranteeGrant descriptionAmount
International Foundation for Ethics and AuditGeneral Support of the Organization Until A Diversified Funding Model Has Been Developed and Implemented.$18,287,992

Personnel at IFAC

NameTitleCompensation
Lee WhiteChief Executive Officer
Brett JamesDirector , Chief of Operations / Deputy Director$284,494
Helen PartridgeChief Financial Officer
Claudio GirolamiChief Technology Officer$287,992
Bruce VivianHead of Accountancy Education$241,523
...and 32 more key personnel

Financials for IFAC

RevenuesFYE 12/2023
Total grants, contributions, etc.$42,576,645
Program services$0
Investment income and dividends$166,279
Tax-exempt bond proceeds$0
Royalty revenue$372,216
Net rental income$0
Net gain from sale of non-inventory assets$-26,910
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-214
Miscellaneous revenues$664,054
Total revenues$43,752,070

Form 990s for IFAC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-13990View PDF
2021-122022-10-25990View PDF
2020-122021-11-15990View PDF
2019-122021-06-08990View PDF
...and 10 more Form 990s
Data update history
November 30, 2024
Used new vendors
Identified 2 new vendors, including , and
November 29, 2024
Updated personnel
Identified 6 new personnel
January 24, 2024
Updated personnel
Identified 9 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Professional associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
EducationBusiness and industry
Characteristics
MembershipsOperates internationallyReceives government fundingCommunity engagement / volunteering
General information
Address
529 Fifth Ave 6th Floor
New York, NY 10017
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
ifac.org/ 
Phone
(212) 286-9344
Facebook page
InternationalFederationOfAccountants 
Twitter profile
@ifac_update 
IRS details
EIN
13-2915461
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1977
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813920: Professional Associations
Parent/child status
Central organization
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