Overview
What is International Accreditation Council For Business Education?
The International Accreditation Council for Business Education (IACBE) is a nonprofit organization situated in Overland Park, Kansas. With a mission to promote excellence in business education, IACBE offers voluntary membership to collegiate professional schools and programs. Their primary objective is to foster innovation, creativity, and improvement in business education through evaluation, accreditation, and other related activities. By providing a forum for discussing education in colleges and universities, IACBE aims to assist in enhancing business schools and related programs, ultimately benefiting students who aspire to pursue careers in business. The organization boasts a modest workforce of nine individuals.
Official website here: www.iacbe.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Stars)
The International Accreditation Council For Business Education has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial health and operational transparency. With an overall score of 52%, the charity demonstrates strong governance practices, such as having a fully independent board and comprehensive conflict of interest and whistleblower policies. These factors contribute positively to its accountability metrics.
However, the organization faces notable challenges in its financial management, reflected in a low program expense ratio of 25.55%. This suggests that a considerable percentage of its funds may not be directed towards its core mission. Additionally, a high liabilities to assets ratio of 5.89% raises questions about its financial stability and ability to sustain its operations in the long term.
Overall, while the International Accreditation Council For Business Education has established solid governance frameworks, its financial inefficiencies could hinder its effectiveness and impact. Potential donors and stakeholders may want to consider these aspects carefully before making contributions or partnerships.
This AI summary has been generated from information found on Charity Navigator.
Is International Accreditation Council For Business Education legitimate?
International Accreditation Council For Business Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Accreditation Council For Business Education 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: $525,408
For more financial information, click here
Official website here: www.iacbe.org
What is the mission statement of International Accreditation Council For Business Education?
The International Accreditation Council for Business Education serves as a platform for discussing education in colleges and universities, particularly in the realm of business schools and related programs. Its primary objective is to facilitate improvements in these areas and encourage innovation and creativity in business education. The council provides voluntary membership to collegiate professional schools or programs, aiming to advance excellence in teaching and prepare students for successful careers in business. This is achieved through various means, including evaluation, accreditation, and fostering innovation.
Official website here: www.iacbe.org
Who is the CEO of International Accreditation Council For Business Education?
Dr Patrick F Hafford is the President of International Accreditation Council For Business Education.
Official website here: www.iacbe.org
What is the revenue of International Accreditation Council For Business Education?
International Accreditation Council For Business Education's revenue in 2022 was $1,118,122.
Official website here: www.iacbe.org
Who are the executives of International Accreditation Council For Business Education and what are their salaries?
The average compensation at International Accreditation Council For Business Education during 2022 was $58,379. There are 9 employees and 19 volunteers at International Accreditation Council For Business Education.
Here are 19 key members and their salaries:
- Compensation: $127,096
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- Other: $0
- Compensation: $2,400
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- Compensation: $2,400
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- Compensation: $2,200
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- Compensation: $2,200
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- Other: $0
- Compensation: $1,600
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- Other: $0
- Compensation: $1,200
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- Other: $0
- Compensation: $600
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- Other: $0
- Compensation: $600
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- Other: $0
- Compensation: $600
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- Compensation: $600
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- Compensation: $600
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- Other: $0
Official website here: www.iacbe.org
Where can I find the form 990 for International Accreditation Council For Business Education?
International Accreditation Council For Business Education's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iacbe.org
Learn more at the official website: www.iacbe.org
Mission Statement of International Accreditation Council For Business Education
The International Accreditation Council for Business Education serves as a platform for discourse on education in colleges and universities. Its primary mission is to assist in enhancing business schools and related programs by promoting innovation and creativity in business education. By providing a forum for discussion and offering evaluation, accreditation, and other related services, this organization aims to advance excellence in teaching and prepare students for successful careers in business. The International Accreditation Council for Business Education fosters a culture of continuous improvement in business education, ensuring that students receive a high-quality education that prepares them for the dynamic world of business.
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Impact
July, 2024
The International Accreditation Council for Business Education has had a significant impact on the field of business education. By providing a forum for colleges and universities to discuss education, assisting in the improvement of business schools and related programs, and fostering innovation and creativity in business education, the council has helped to advance excellence in teaching students and preparing them for business careers. Through its voluntary membership of collegiate professional schools or programs, the council offers services such as evaluation, accreditation, and support for innovation. This has ultimately contributed to the overall improvement of business education standards globally.
This information is meant to be a general summary of International Accreditation Council For Business Education. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $27
- Program Service Revenue: $981,367
- Gross Receipts: $1,118,511
Assets and Liabilities:
- Total Assets: $1,333,242
- Total Liabilities: $90,519
- Net Assets: $1,242,723
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL DUES
Revenue
$609,050
ACCREDITATION MAINTENANCE FEE
Revenue
$114,350
ACCREDITATION APPLICATION FEE
Revenue
$72,975
WORKSHOPS
Revenue
$56,500
SITE VISITS-U.S.
Revenue
$52,838
Organization Details
Founding Year
1997
Phone
(913) 631-3009Principal Officer
Dr Patrick F Hafford
Main Address
11960 QUIVIRA ROAD SUITE 300, OVERLAND PARK, KS, 66213
Website
www.iacbe.orgNTEE Category
Code: B400 - Education
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