The Institute Of Financial Operations

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 593217295 ✦ Orlando, FL ✦ Designated as a 501(c)(6)

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Overview

What is The Institute Of Financial Operations?

The Institute of Financial Operations is a specialized nonprofit organization based in Orlando, Florida. With a single employee, their primary focus is to serve as a leading authority and trusted resource within the financial operations universe. They achieve this through providing certification and education for accounts payable professionals, offering seminars, training materials, and webcasts. The Institute of Financial Operations aims to empower and support its members in their professions, establishing itself as a crucial resource within the financial operations field.


Official website here: www.financialops.org

Is The Institute Of Financial Operations legitimate?

The Institute Of Financial Operations is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Institute Of Financial Operations submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,732

For more financial information, click here


Official website here: www.financialops.org

What is the mission statement of The Institute Of Financial Operations?

The Institute of Financial Operations serves as the leading authority in the financial operations universe. It aims to be the trusted voice and primary resource for its members and their professions. The institution provides certification and education for accounts payable professionals, offering seminars, training materials, and webcasts. Its mission is to support its members and their professions, thereby playing a crucial role in the financial operations field.


Official website here: www.financialops.org

Who is the CEO of The Institute Of Financial Operations?

Shelby Ray is the Director of The Institute Of Financial Operations.


Official website here: www.financialops.org

What is the revenue of The Institute Of Financial Operations?

The Institute Of Financial Operations's revenue in 2022 was $98,353.


Official website here: www.financialops.org

Who are the executives of The Institute Of Financial Operations and what are their salaries?

The average compensation at The Institute Of Financial Operations during 2022 was $50,732. There is 1 employee at The Institute Of Financial Operations.


Here are 3 key members and their salaries:


Michael Mallon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Flynn (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Morrison (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.financialops.org

Where can I find the form 990 for The Institute Of Financial Operations?

The Institute Of Financial Operations's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.financialops.org

Learn more at the official website: www.financialops.org

Mission Statement of The Institute Of Financial Operations

The Institute of Financial Operations, serving as the leading authority in the financial operations universe, aims to be the trusted voice and primary resource for its members and their professions. Its mission is to provide certification and education, utilizing seminars, training materials, and webcasts, specifically for accounts payable professionals. The Institute of Financial Operations strives to empower and support these professionals, ensuring they remain at the forefront of their field.

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Impact




October, 2024

The Institute of Financial Operations plays a pivotal role in shaping the landscape of financial operations. By positioning itself as the leading authority in this field, it serves as a trusted voice and essential resource for professionals engaged in accounts payable and related disciplines. Through its various educational initiatives, including seminars, training materials, and webcasts, the Institute enhances the skills and knowledge of its members, empowering them to excel in their careers.

The impact of these efforts is profound, as the Institute not only fosters professional development but also contributes to the overall improvement of financial operations within organizations. By enhancing industry standards and promoting best practices, the Institute ensures that its members are well-equipped to navigate the complexities of financial management. Furthermore, by nurturing a community of professionals, it encourages collaboration and knowledge sharing, ultimately leading to innovations and improvements that benefit the broader financial operations ecosystem.




This information is meant to be a general summary of The Institute Of Financial Operations. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$98,353 (2022)
Expenses
$94,514 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $13,634
  • Gross Receipts: $98,353

Assets and Liabilities:

  • Total Assets: $43,243
  • Total Liabilities: $64,845
  • Net Assets: -$21,602

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CERTIFICATION REVENUE

Revenue

$13,634

Organization Details

Founding Year

1993

Principal Officer

Shelby Ray

Main Address

3319 MAGUIRE BOULEVARD SUITE 125, ORLANDO, FL, 32803

NTEE Category

Code: S41 - Community improvement

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